Common use of Guarantees; Letters of Credit Clause in Contracts

Guarantees; Letters of Credit. Neither the Company nor any of its ----------------------------- Subsidiaries shall become or remain liable with respect to any Guarantee, including reimbursement obligations, whether contingent or matured, under letters of credit or other financial guarantees by third parties (or become contractually committed do to so), except the following: 6.7.1. Letters of Credit and Guarantees of the Credit Obligations. 6.7.2. Guarantees by the Company of Indebtedness and other obligations incurred by its Subsidiaries and permitted by Section 6.6.

Appears in 2 contracts

Samples: Credit Agreement (Westower Corp), Credit Agreement (Sba Communications Corp)

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Guarantees; Letters of Credit. Neither the Company nor any of its ----------------------------- Subsidiaries shall become or remain liable with respect to any Guarantee, including reimbursement obligations, whether contingent or matured, obligations under letters of credit or other financial guarantees by third parties (or become contractually committed do to so)parties, except the following: 6.7.1. Letters of Credit and Guarantees of the Credit Obligations. 6.7.2. Guarantees by the Company or its Subsidiaries of Indebtedness and other obligations incurred by any of its Subsidiaries and permitted by Section 6.6.

Appears in 2 contracts

Samples: Credit Agreement (Transmontaigne Oil Co), Credit Agreement (Transmontaigne Inc)

Guarantees; Letters of Credit. Neither the Company nor any of its ----------------------------- Subsidiaries nor the Parent nor any of its Subsidiaries shall become or remain liable with respect to any Guarantee, including reimbursement obligations, whether contingent or matured, under letters of credit or other financial guarantees by third parties (or become contractually committed do to so), except the following: 6.7.1. Letters of Credit and Guarantees of the Credit Obligations. 6.7.2. Guarantees by the Company of Indebtedness and other obligations incurred by its Subsidiaries and permitted by Section 6.6.

Appears in 1 contract

Samples: Credit Agreement (Sba Communications Corp)

Guarantees; Letters of Credit. Neither the Company nor any of its ----------------------------- Subsidiaries shall become or remain liable with respect to any Guarantee, including reimbursement obligations, whether contingent or matured, under letters of credit or other financial guarantees by third parties (or become contractually committed do to so), except the following: 6.7.110.7.1. Letters of Credit credit and Guarantees of the Credit Obligations. 6.7.210.7.2. Guarantees by the Company or its Subsidiaries of Indebtedness and other obligations incurred by the Company or its Subsidiaries and permitted by Section 6.610.6.

Appears in 1 contract

Samples: Credit Agreement (Nextera Enterprises Inc)

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Guarantees; Letters of Credit. Neither the Company nor any of its ----------------------------- Subsidiaries shall become or remain liable with respect to any Guarantee, including reimbursement obligations, whether contingent or matured, under letters of credit or other financial guarantees by third parties (or become contractually committed do to so), except the following: 6.7.1. Letters of Credit and Guarantees of the Credit Obligations. 6.7.2. Guarantees by the Company or its Subsidiaries of Indebtedness and other obligations incurred by the Company or its Subsidiaries and permitted by Section 6.6.

Appears in 1 contract

Samples: Credit Agreement (Nextera Enterprises Inc)

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