Common use of Guarantees, Loans, Advances and Other Liabilities Clause in Contracts

Guarantees, Loans, Advances and Other Liabilities. Except for investments in Eligible Investments, the Issuer will not make any loan, advance or credit to, or guarantee (directly or indirectly or by an instrument having the effect of assuring another’s payment or performance on any obligation or capability of so doing, or otherwise), endorse (except for the endorsement of checks for collection or deposit) or otherwise become contingently liable, directly or indirectly, in connection with the obligations, stock or dividends of, or own, purchase, repurchase or acquire (or agree contingently to do so) any stock, obligations or securities of, or any other interest in, or make any capital contribution to, any other Person. However, the preceding sentence shall not limit the terms of any Note Purchase Agreement or Enhancement Agreement or prevent the execution, delivery and performance of any Note Purchase Agreement or Enhancement Agreement by the Issuer.

Appears in 4 contracts

Samples: Indenture (TAL International Group, Inc.), Indenture (TAL International Group, Inc.), Indenture (TAL International Group, Inc.)

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Guarantees, Loans, Advances and Other Liabilities. Except for investments in Eligible InvestmentsOther than as expressly contemplated by the Relevant Documents, the Issuer will shall not make any loan, loan or advance or credit to, or guarantee (directly or indirectly or by an instrument having the effect of assuring another’s payment or performance on any obligation or capability of so doing, or otherwise), endorse (except for the endorsement of checks for collection or deposit) or otherwise become contingently liable, directly or indirectly, in connection with the obligations, stock or dividends of, or own, purchase, repurchase or acquire (or agree contingently to do so) any stock, obligations or securities of, or any other interest in, or make any capital contribution to, any other Person. However, the preceding sentence shall not limit the terms of any Note Purchase Agreement or Enhancement Agreement or prevent the execution, delivery and performance of any Note Purchase Agreement or Enhancement Agreement by the Issuer.

Appears in 2 contracts

Samples: Indenture (Seacastle Inc.), Indenture (Seacastle Inc.)

Guarantees, Loans, Advances and Other Liabilities. Except for investments in Eligible Investmentsas contemplated by the Sale Agreement, the Servicing Agreement, this Indenture or the LLC Agreement, the Issuer will shall not make any loan, loan or advance or credit to, or guarantee (directly or indirectly or by an instrument having the effect of assuring another’s 's payment or performance on any obligation or capability of so doing, doing or otherwise), endorse (except for the endorsement of checks for collection or deposit) or otherwise become contingently liable, directly or indirectly, in connection with the obligations, stock stocks or dividends of, or own, purchase, repurchase or acquire (or agree contingently to do so) any stock, obligations obligations, assets or securities of, or any other interest in, or make any capital contribution to, any other Person. However, except that the preceding sentence shall not limit the terms of any Note Purchase Agreement or Enhancement Agreement or prevent the execution, delivery and performance of any Note Purchase Agreement or Enhancement Agreement by the IssuerIssuer may invest funds in Eligible Investments.

Appears in 2 contracts

Samples: Indenture (West Penn Funding LLC), Indenture (West Penn Funding LLC)

Guarantees, Loans, Advances and Other Liabilities. Except for investments in Eligible Investmentsas contemplated by the Trust Agreement, the Sale and Servicing Agreement or this Indenture, the Issuer will shall not make any loan, loan or advance or credit to, or guarantee (directly or indirectly or by an instrument having the effect of assuring another’s payment or performance on any obligation 25 (2006-A Indenture) or capability of so doing, doing or otherwise), endorse (except for the endorsement of checks for collection or deposit) or otherwise become contingently liable, directly or indirectly, in connection with the obligations, stock stocks or dividends of, or own, purchase, repurchase or acquire (or agree contingently to do so) any stock, obligations obligations, assets or securities of, or any other interest in, or make any capital contribution to, any other Person. However, the preceding sentence shall not limit the terms of any Note Purchase Agreement or Enhancement Agreement or prevent the execution, delivery and performance of any Note Purchase Agreement or Enhancement Agreement by the Issuer.

Appears in 1 contract

Samples: Indenture (Hyundai Auto Receivables Trust 2006-A)

Guarantees, Loans, Advances and Other Liabilities. Except for investments in Eligible Investmentsas contemplated by the Basic Documents, any Additional Indenture or Subsequent Sale Agreement, the Issuer will shall not make any loan, loan or advance or credit to, or guarantee (directly or indirectly or by an instrument having the effect of assuring another’s 's payment or performance on any obligation or capability of so doing, doing or otherwise), endorse (except for the endorsement of checks for collection or deposit) or otherwise become contingently liable, directly or indirectly, in connection with the obligations, stock stocks or dividends of, or own, 22 <PAGE> purchase, repurchase or acquire (or agree contingently to do so) any stock, obligations obligations, assets or securities of, or any other interest in, or make any capital contribution to, any other Person. However, the preceding sentence shall not limit the terms of other than any Note Purchase Agreement or Enhancement Agreement or prevent the execution, delivery and performance of any Note Purchase Agreement or Enhancement Agreement by the IssuerEligible Investments.

Appears in 1 contract

Samples: Indenture

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Guarantees, Loans, Advances and Other Liabilities. Except for investments in Eligible Investments, the Issuer will not make any loan, advance or credit to, or guarantee (directly or indirectly or by an instrument having the effect of assuring another’s 's payment or performance on any obligation or capability of so doing, or otherwise), endorse (except for the endorsement of checks for collection or deposit) or otherwise become contingently liable, directly or indirectly, in connection with the obligations, stock or dividends of, or own, purchase, repurchase or acquire (or agree contingently to do so) any stock, obligations or securities of, or any other interest in, or make any capital contribution to, any other Person. However, the preceding sentence shall not limit the terms of any Note Purchase Agreement or Enhancement Agreement or prevent the execution, delivery and performance of any Note Purchase Agreement or Enhancement Agreement by the Issuer.

Appears in 1 contract

Samples: Indenture (TAL International Group, Inc.)

Guarantees, Loans, Advances and Other Liabilities. Except for investments in Eligible Investments, the Issuer will not make any loan, advance or credit to, or guarantee (directly or indirectly or by an instrument having the effect of assuring another’s 's payment or performance on any obligation or capability of so doing, or otherwise), endorse (except for the endorsement of checks for collection or deposit) or otherwise become contingently liable, directly or indirectly, in connection with the obligations, stock or dividends of, or own, purchase, repurchase or acquire (or agree contingently to do so) any stock, obligations or securities of, or any other interest in, or make any capital contribution to, any other Person. However, the preceding sentence shall not limit the terms of any Note Purchase Agreement, Insurance Agreement or other Series Enhancement Agreement arrangement or prevent the execution, delivery and performance of any Note Purchase Agreement, Insurance Agreement or other Series Enhancement Agreement arrangement by the Issuer.

Appears in 1 contract

Samples: Indenture (TAL International Group, Inc.)

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