Common use of Guarantees and Other Liabilities Clause in Contracts

Guarantees and Other Liabilities. Purchase or repurchase -------------------------------- (or agree, contingently or otherwise, so to do) the Indebtedness of, or assume, guarantee (directly or indirectly or by an instrument having the effect of assuring another's payment or performance of any obligation or capability of so doing, or otherwise), endorse or otherwise become liable, directly or indirectly, in connection with the obligations, stock or dividends of any Person, except (i) for any guaranty of Indebtedness or other obligations of the Borrower or Guarantor if such person could have incurred such Indebtedness or obligations under this Agreement, (ii) by endorsement of negotiable instruments for deposit or collection in the ordinary course of business and (iii) for guaranty of Indebtedness or other obligations of the Borrower or Guarantors existing as of the Filing Date as set forth on Schedule 6.06.

Appears in 1 contract

Samples: Revolving Credit and Guaranty Agreement (Galey & Lord Inc)

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Guarantees and Other Liabilities. Purchase or repurchase -------------------------------- (or agree, contingently or otherwise, so to do) the Indebtedness of, or assume, guarantee (directly or indirectly or by an instrument having the effect of assuring another's ’s payment or performance of any obligation or capability of so doing, or otherwise), endorse or otherwise become liable, directly or indirectly, in connection with the obligations, stock or dividends of any Person, except (i) for any guaranty of Indebtedness or other obligations of the any Borrower or Guarantor if such person the Guarantor could have incurred such Indebtedness or obligations under this Agreement, (ii) by endorsement of negotiable instruments for deposit or collection in the ordinary course of business and business, (iii) for guaranty of Indebtedness or other obligations of liabilities under leasehold interests that are assigned by the Borrower or Guarantors any Guarantor to the extent permitted by this Agreement and (iv) to the extent existing as of on the Filing Date as set forth on Schedule 6.06Date.

Appears in 1 contract

Samples: Revolving Credit and Guaranty Agreement (Kmart Corp)

Guarantees and Other Liabilities. Purchase or repurchase -------------------------------- (or agree, contingently or otherwise, so to do) the Indebtedness of, or assume, guarantee (directly or indirectly or by an instrument having the effect of assuring another's payment or performance of any obligation or capability of so doing, or otherwise), endorse or otherwise become liable, directly or indirectly, in connection with the obligations, stock or dividends of any Person, except (i) for any guaranty of Indebtedness or other obligations of the any Borrower or Guarantor if such person the Guarantor could have incurred such Indebtedness or obligations under this Agreement, (ii) by endorsement of negotiable instruments for deposit or collection in the ordinary course of business and business, (iii) for guaranty of Indebtedness or other obligations of liabilities under leasehold interests that are assigned by the Borrower or Guarantors any Guarantor to the extent permitted by this Agreement and (iv) to the extent existing as of on the Filing Date as set forth on Schedule 6.06Date.

Appears in 1 contract

Samples: Revolving Credit and Guaranty Agreement (Kmart Corp)

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Guarantees and Other Liabilities. Purchase or repurchase -------------------------------- (or agree, contingently or otherwise, so to do) the Indebtedness of, or assume, guarantee (directly or indirectly or by an instrument having the effect of assuring another's payment or performance of any obligation or capability of so doing, or otherwise), endorse or otherwise become liable, directly or indirectly, in connection with the obligations, stock or dividends of any Person, except (i) for any guaranty of Indebtedness or other obligations of the any Borrower or Guarantor if such person the Guarantor could have incurred such Indebtedness or obligations under this Agreement, (ii) by endorsement of negotiable instruments for deposit or collection in the ordinary course of business and business, (iii) for guaranty of Indebtedness or other obligations of liabilities under leasehold interests that are assigned by the Borrower or Guarantors any Guarantor to the extent permitted by this Agreement and (iv) guarantees existing as of on the Filing Date as set forth and listed on Schedule 6.06.

Appears in 1 contract

Samples: Revolving Credit, Guaranty and Security Agreement (Acterna Corp)

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