Common use of Guaranties; Contingent Liabilities Clause in Contracts

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.

Appears in 4 contracts

Samples: Credit Agreement (Pinnacle Holdings Inc), Credit Agreement (Pinnacle Holdings Inc), Credit Agreement (Pinnacle Holdings Inc)

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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.;

Appears in 2 contracts

Samples: Credit Agreement (Itc Deltacom Inc), Credit Agreement (Itc Deltacom Inc)

Guaranties; Contingent Liabilities. The Borrower and the Parent shall not, and shall not permit the Parent or any Restricted 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.

Appears in 2 contracts

Samples: Credit Agreement (Ixc Communications Inc), Credit Agreement (Ixc Communications Inc)

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Guaranties; Contingent Liabilities. The Borrower Other than Debt permitted pursuant to Section 8.02 hereunder, the Borrowers shall not, and shall not ------------ permit the Parent or any Subsidiary of the Borrower 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.

Appears in 1 contract

Samples: Credit Agreement (Pacific Gateway Exchange Inc)

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