Guaranties; Contingent Liabilities. Assume, guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation of any Person, except by the endorsement of negotiable instruments for deposit or collection or similar transactions, or the incurrence of surety bonds or performance bonds and other obligations of like nature, in its ordinary course of business as currently conducted.
Guaranties; Contingent Liabilities. The Borrower shall not, and shall not permit the Parent or any Subsidiary of the Borrower to, at any time make or issue any Guaranty, or assume, be obligated with respect to, or permit to be outstanding any Contingent Liabilities, except pursuant to the Loan Papers.
Guaranties; Contingent Liabilities. (a) Assume, guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation of any Person, except by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business, except for contractual obligations existing on the date hereof and Borrower represents the maximum aggregate liability thereunder is not more than $100,000.00 in the combined aggregate, or
(b) Agree to maintain the working capital or net worth of any Person or to make investments in any Person (except for short-term investments of excess cash as herein permitted).
Guaranties; Contingent Liabilities. The Borrower shall not, and shall not permit any Restricted Subsidiary to, at any time make or issue any Guaranty, or assume, be obligated with respect to, or permit to be outstanding any Contingent Liabilities, except (a) pursuant to the Loan Papers, (b) Contingent Liabilities in existence on the Closing Date and described on Schedule 8.06 hereto, (c) Contingent Liabilities of the Borrower or its ------------- Restricted Subsidiaries with respect to surety bonds and similar instruments incurred in the ordinary course of the Borrower's business and (d) Contingent Liabilities permitted to be incurred under Section 8.02 hereof.
Guaranties; Contingent Liabilities. 43 8.06. Restricted Payments; Payments of Other Debt.......................43 8.07. Affiliate Transactions............................................44 8.08.
Guaranties; Contingent Liabilities. Other than Debt permitted pursuant to Section 8.02 hereunder, the Borrowers shall not, and shall not permit any of their Subsidiaries to, at any time make or issue any Guaranty, or assume, be obligated with respect to, or permit to be outstanding any Contingent Liabilities, except pursuant to the Loan Papers, pursuant to the WorldCom Agreement, and pursuant to the approval of the Lenders, in their sole discretion.
Guaranties; Contingent Liabilities. Except as permitted by the First Mortgage Indenture (as the same exists on the date of this Second Restatement and assuming for the purposes of this Section 7.7, no modification, restatement, supplementation, termination or waiver of any applicable provision of the same), (a) assume, guarantee, endorse, contingently agree to purchase or otherwise become liable upon any obligations of any Person except by endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business, or (b) agree to maintain the working capital or net worth of any Person, to make investments in any Person or to take any similar action or permit any Subsidiary to do any of the foregoing.
Guaranties; Contingent Liabilities. (a) Except as provided on Schedule 6.6, assume, guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation of any person or entity, except by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business, or (b) agree to maintain the working capital or net worth of any person or entity or to make investment in any person or entity (except for short-term investment of excess cash), or (c) guarantees of liabilities under Section 6.4.
Guaranties; Contingent Liabilities. The Borrower shall not, and shall not permit the Parent or any Subsidiary of the Borrower to, at any time make or issue any Guaranty, or assume, be obligated with respect to, or permit to be outstanding any Contingent Liabilities, except pursuant to the Loan Papers, the Canada Indebtedness and the Canada Guaranty.
Guaranties; Contingent Liabilities. (a) Assume, guarantee, endorse, contingently agree to purchase or otherwise become liable for the obligations of any Person other than any Subsidiary, except (i) by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business, (ii) guarantees of employee credit cards not to exceed [*****] in the aggregate at any time, (iii) contingent liabilities incurred in licensing transactions in the ordinary course of business, (iv) milestone, development or royalty payments to Schering and/or other third parties in connection with licensing and other arrangements inside or outside the Field, or (b) agree to maintain the working capital, net worth or similar position of or provide any other credit support to any Person.
