Common use of Guaranties, Etc Clause in Contracts

Guaranties, Etc. Assume, guaranty, endorse, or otherwise be or become directly or contingently responsible or liable, or permit any Subsidiary to assume, guaranty, endorse, or otherwise be or become directly or contingently responsible or liable (including, but not limited to, an agreement to purchase any obligation, stock, assets, goods, or services, or to supply or advance any funds, assets, goods, or services, or an agreement to maintain or cause such Person to maintain a minimum working capital or net worth, or otherwise to assure the creditors of any Person against loss) for obligations of any Person, except guaranties by endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Lasersight Inc /De), Revolving Credit Agreement (Hertz Technology Group Inc), Revolving Loan Agreement (Surgical Laser Technologies Inc /De/)

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Guaranties, Etc. Assume, guaranty, endorse, or otherwise be or become directly or contingently responsible or liable, or permit any Subsidiary to assume, guaranty, endorse, or otherwise be or become directly or contingently responsible or liable (including, but not limited to, an agreement to purchase any obligation, stock, assets, goods, or services, or to supply or advance any funds, assets, goods, or services, or an agreement to maintain or cause such Person to maintain a minimum working capital or net worth, or otherwise to assure the creditors of any Person against loss) ), for obligations of any Person, except guaranties by endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.

Appears in 4 contracts

Samples: Loan Agreement (Surgical Safety Products Inc), Loan Agreement (Cuidao Holding Corp), Loan Agreement (Orange Productions Inc)

Guaranties, Etc. Assume, guarantyguarantee, endorse, or otherwise be or become directly or contingently responsible or liable, or permit any Subsidiary to assume, guarantyguarantee, endorse, or otherwise be or become directly or contingently responsible or liable (including, but not limited to, an agreement to purchase any obligation, stock, assets, goods, or services, or to supply or advance any funds, assets, goods, or services, or an agreement to maintain or cause such Person to maintain a minimum working capital or net worth, worth or otherwise to assure the creditors of any Person against loss) ), for obligations of any Person, except guaranties by endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.

Appears in 2 contracts

Samples: Revolving Credit Note (Hall Kinion & Associates Inc), Revolving Credit and Term Loan & Security Agreement (Motorvac Technologies Inc)

Guaranties, Etc. Assume, guarantyguarantee, endorse, or otherwise be or become --------------- directly or contingently responsible or liable, or permit any Subsidiary to assume, guarantyguarantee, endorse, or otherwise be or become directly or contingently responsible or liable (including, but not limited to, an agreement to purchase any obligation, stock, assets, goods, or services, or to supply or advance any funds, assets, goods, or services, or an agreement to maintain or cause such Person to maintain a minimum working capital or net worth, worth or otherwise to assure the creditors of any Person against loss) ), for obligations of any Person, except guaranties by endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.

Appears in 1 contract

Samples: Revolving Loan and Security Agreement (Iprint Technologies Inc)

Guaranties, Etc. Assume, guaranty, endorse, endorse or otherwise be or become directly or contingently responsible or liable, or permit any Subsidiary of a Borrower to assume, guaranty, endorse, endorse or otherwise be or become directly or contingently responsible or liable (including, but not limited to, an agreement to purchase any obligation, stock, assets, goods, goods or services, or to supply or advance any funds, assets, goods, goods or services, or an agreement to maintain or cause such Person to maintain a minimum working capital or net worthTangible Net Worth, or to otherwise to assure the creditors of any Person against loss) ), for obligations of any Person, except guaranties by endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.

Appears in 1 contract

Samples: Loan Agreement (LGL Group Inc)

Guaranties, Etc. Assume, guarantyguarantee, endorse, endorse or otherwise be or become directly or contingently responsible or liable, or permit any Subsidiary of its Subsidiaries to assume, guarantyguarantee, endorse, endorse or otherwise be or become directly or contingently indirectly responsible or liable (including, but not limited to, an agreement to purchase any obligation, stock, assets, goods, goods or services, services or to supply or advance any funds, assetsasset, goods, goods or services, or an agreement to maintain or cause such Person to maintain a minimum working capital or net worth, worth or otherwise to assure the creditors of any Person against loss) for the obligations of any PersonPerson other than Borrower or a Subsidiary, except guaranties by endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.

Appears in 1 contract

Samples: Credit Agreement (Conmed Corp)

Guaranties, Etc. Assume, guarantyguarantee, endorse, or otherwise be or become directly or contingently responsible or liable, or permit any Subsidiary to assume, guarantyguarantee, endorse, or otherwise be or become directly or contingently responsible or liable (including, but not limited to, an agreement to purchase any obligation, stock, assets, goods, or services, or to supply or advance any funds, assets, goods, or services, or an agreement to maintain or cause such Person to maintain a minimum working capital or net worth, worth or otherwise to assure the creditors of any Person against loss) ), for obligations of any other Person, except guaranties by (i) endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business; and (ii) in favor of the Bank.

Appears in 1 contract

Samples: Revolving Credit Agreement (Americas Carmart Inc)

Guaranties, Etc. Assume, guaranty, endorse, endorse or otherwise be or become directly or contingently responsible or liable, or permit any Subsidiary of their respective 34 Subsidiaries to assume, guarantyguarantee, endorse, endorse or otherwise be or become directly or contingently indirectly responsible or liable (including, but not limited to, an agreement to purchase any obligation, stock, assets, goods, goods or services, services or to supply or advance any funds, assets, goods, goods or services, or an agreement to maintain or cause such Person to maintain a minimum working capital or net worth, worth or otherwise to assure the creditors of any Person against loss) for the obligations of any Person, except guaranties by endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.

Appears in 1 contract

Samples: Credit Agreement (Transact Technologies Inc)

Guaranties, Etc. Assume, guarantyguarantee, endorse, or --------------- otherwise be or become directly or contingently responsible or liable, or permit any Subsidiary to assume, guarantyguarantee, endorse, or otherwise be or become directly or contingently responsible or liable (including, but not limited to, an agreement to purchase any obligation, stock, assets, goods, or services, or to supply or advance any funds, assets, goods, or services, or an agreement to maintain or cause such Person to maintain a minimum working capital or net worth, or otherwise to assure the creditors of any Person against loss) for obligations of any Person, except guaranties by endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of businessbusiness and the Guaranty.

Appears in 1 contract

Samples: Loan and Security Agreement (Pen Tab Industries Inc)

Guaranties, Etc. Assume, guarantyguarantee, endorse, or otherwise be or become directly or contingently responsible or liable, or permit any Subsidiary to assume, guarantyguarantee, endorse, or otherwise be or become directly or contingently responsible or liable (including, but not limited to, an agreement to purchase any obligation, stock, assets, goods, or services, or to supply or advance any funds, assets, goods, or services, or an agreement to maintain or cause such Person to maintain a minimum working capital or net worth, worth or otherwise to assure the creditors of any Person against loss) ), for obligations of any other Person, except guaranties (i) by endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business; and (ii) in favor of the Agent or Banks.

Appears in 1 contract

Samples: Agented Revolving Credit Agreement (Americas Carmart Inc)

Guaranties, Etc. Assume, guarantyguarantee, endorse, endorse or otherwise be or become directly or contingently responsible or liable, or permit any Subsidiary of its Subsidiaries to assume, guarantyguarantee, endorse, endorse or otherwise be or become directly or contingently indirectly responsible or liable (including, but not limited to, an agreement to purchase any obligation, stock, assets, goods, goods or services, services or to supply or advance any funds, assetsasset, goods, goods or services, or an agreement to maintain or cause such Person to maintain a minimum working capital or net worth, worth or otherwise to assure the creditors of any Person against loss) for the obligations of any Person, other than Borrower or a subsidiary except guaranties by endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.

Appears in 1 contract

Samples: Credit Agreement (Conmed Corp)

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Guaranties, Etc. Assume, guaranty, endorse, endorse or otherwise be or become directly or contingently responsible or liable, or permit any Subsidiary of its Subsidiaries to assume, guarantyguarantee, endorse, endorse or otherwise be or become directly or contingently indirectly responsible or 34 36 liable (including, but not limited to, an agreement to purchase any obligation, stock, assets, goods, goods or services, services or to supply or advance any funds, assets, goods, goods or services, or an agreement to maintain or cause such Person to maintain a minimum working capital or net worth, worth or otherwise to assure the creditors of any Person against loss) for the obligations of any Person, except guaranties by endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.

Appears in 1 contract

Samples: Credit Agreement (Transact Technologies Inc)

Guaranties, Etc. Assume, guaranty, endorse, endorse or otherwise --------------- be or become directly or contingently responsible or liable, or permit any Subsidiary of their respective Subsidiaries to assume, guarantyguarantee, endorse, or endorse o otherwise be or become directly or contingently indirectly responsible or liable (including, but not limited to, an agreement to purchase any obligation, stock, assets, goods, goods or services, services or to supply or advance any funds, assets, goods, goods or services, or an agreement to maintain or cause c use such Person to maintain a minimum working capital or net worth, worth or otherwise to assure sure the creditors of any Person against loss) for the obligations of any Person, except guaranties by endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.

Appears in 1 contract

Samples: Credit Agreement (Mercator Software Inc)

Guaranties, Etc. Assume, guaranty, endorseindorse, or otherwise be or become directly or contingently responsible or liable, or permit any Subsidiary to assume, guaranty, endorseindorse, or otherwise be or become directly or contingently responsible or liable (including, but not limited to, an agreement to purchase any obligation, stock, assets, goods, or services, or to supply or advance any funds, assets, goods, or services, or an agreement to maintain or cause such Person to maintain a minimum working capital or net worth, or otherwise to assure the creditors of any Person against loss) for obligations of any Person, except guaranties by endorsement indorsement of negotiable instruments for deposit deposits or collection or similar transactions in the ordinary course of business.

Appears in 1 contract

Samples: Promissory Note Agreement (Integrated Environmental Technologies, Ltd.)

Guaranties, Etc. Assume, guaranty, endorse, endorse or otherwise be or become directly or contingently responsible or liable, or permit any Subsidiary of their respective Subsidiaries to assume, guarantyguarantee, endorse, endorse or otherwise be or become directly or contingently indirectly 176 responsible or liable (including, but not limited to, an agreement to purchase any obligation, stock, assets, goods, goods or services, services or to supply or advance any funds, assets, goods, goods or services, or an agreement to maintain or cause such Person to maintain a minimum working capital or net worth, worth or otherwise to assure the creditors of any Person against loss) for the obligations of any Person, except guaranties by endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.

Appears in 1 contract

Samples: Credit Agreement (Tridex Corp)

Guaranties, Etc. Assume, guarantyguarantee, endorse, or otherwise be or become directly or contingently responsible or liable, or permit any Subsidiary to assume, guarantyguarantee, endorse, or otherwise be or become directly or contingently responsible or liable (including, but not limited to, an agreement to purchase any obligation, stock, assets, goods, or services, or to supply or advance any funds, assets, goods, or services, or an agreement to maintain or cause such Person to maintain a minimum working capital or net worth, or otherwise to assure the creditors of any Person person against loss) for obligations of any Person, except guaranties by endorsement of negotiable instruments for deposit deposits or collection or similar transactions in the ordinary course of business and except pursuant to letters of credit issued by bank Subsidiaries in the ordinary course of business.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (First State Corp /Ga/)

Guaranties, Etc. Assume, guarantyguarantee, endorse, or otherwise be or become directly or contingently responsible or liable, or permit any Subsidiary to assume, guarantyguarantee, endorse, or otherwise be or become directly or contingently responsible or liable (including, but not limited to, an agreement to purchase any obligation, stock, assets, goods, or services, or to supply or advance any funds, assets, goods, or services, or an agreement to maintain or cause such Person to maintain a minimum working capital or net worth, or otherwise to assure the creditors of any Person person against loss) for obligations of any Person, except guaranties by endorsement of negotiable instruments for deposit deposits or collection or similar transactions in the ordinary course of business and except pursuant to letters of credit issued by any Bank in the ordinary course of business.

Appears in 1 contract

Samples: Term Loan Agreement (Citizens Bancshares Corp /Ga/)

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