Common use of Guaranty Obligations Clause in Contracts

Guaranty Obligations. The Company will not, nor will it permit any of its Subsidiaries to contract, create, incur, assume or permit to exist any Guaranty Obligation other than: (i) Guaranty Obligations with respect to the Obligations; (ii) Guaranty Obligations constituting part of the PAI Basket; (iii) Guaranty Obligations constituting Priority Debt permitted pursuant to Section 6.12(i); (iv) Guaranty Obligations constituting part of the Joint Venture Basket; and (v) Guaranty Obligations of any Guarantor with respect to any Private Placement Indebtedness; (vi) Guaranty Obligations of any Subsidiary with respect to any letter of credit that is issued by a Lender or any Affiliate of a Lender for the account of any Borrower; (vii) Repurchase obligations in an aggregate amount at any time outstanding not to exceed $1,000,000,000 of the Company and its Subsidiaries in connection with Receivables Securitization Transactions; and (viii) Other Guaranty Obligations of the Company and its Subsidiaries in an aggregate amount not to exceed $250,000,000.

Guaranty Obligations. The Company will not, nor will it permit any of its Subsidiaries to contract, create, incur, assume or permit to exist any Guaranty Obligation other than: (i) Guaranty Obligations with respect to the Obligations; (ii) Guaranty Obligations constituting part of the PAI Basket; (iii) Guaranty Obligations constituting Priority Debt permitted pursuant to Section 6.12(i6.12(vi); (iv) Guaranty Obligations constituting part of the Joint Venture Basket; and (v) Guaranty Obligations of any Guarantor with respect to any Private Placement Indebtedness; (vi) Guaranty Obligations of any Subsidiary with respect to any letter of credit that is issued by a Lender or any Affiliate of a Lender for the account of any Borrowerthe Company; (vii) Repurchase obligations in an aggregate amount at any time outstanding not to exceed $1,000,000,000 250,000,000 of the Company and its Subsidiaries in connection with Receivables Securitization Transactions; and (viii) Other Guaranty Obligations of the Company and its Subsidiaries in an aggregate amount not to exceed $250,000,00025,000,000.

Guaranty Obligations. The Company will not, nor will it permit any of its Subsidiaries to contract, create, incur, assume or permit to exist any Guaranty Obligation other than: (i) Guaranty Obligations with respect to the Obligations; (ii) Guaranty Obligations constituting part of the PAI Basket; (iii) Guaranty Obligations constituting Priority Debt permitted pursuant to Section 6.12(i6.12(vi); (iv) Guaranty Obligations constituting part of the Joint Venture Basket; and (v) Guaranty Obligations of any Guarantor with respect to any Private Placement Indebtedness; (vi) Guaranty Obligations of any Subsidiary with respect to any letter of credit that is issued by a Lender or any Affiliate of a Lender for the account of any Borrowerthe Company; (vii) Repurchase obligations in an aggregate amount at any time outstanding not to exceed $1,000,000,000 500,000,000 of the Company and its Subsidiaries in connection with Receivables Securitization Transactions; and (viii) Other Guaranty Obligations of the Company and its Subsidiaries in an aggregate amount not to exceed $250,000,000100,000,000.

Guaranty Obligations. The Company will not, nor will it permit any of its Subsidiaries to contract, create, incur, assume or permit to exist any Guaranty Obligation other than: (i) Guaranty Obligations with respect to the Obligations; (ii) Guaranty Obligations constituting part of the PAI Basket; (iii) Guaranty Obligations constituting Priority Debt permitted pursuant to Section 6.12(i6.12(vi); (iv) Guaranty Obligations constituting part of the Joint Venture Basket; and (v) Guaranty Obligations of any Guarantor with respect to any Private Placement Indebtedness; (vi) Guaranty Obligations of any Subsidiary with respect to any letter of credit that is issued by a Lender or any Affiliate of a Lender for the account of any Borrower; (vii) Repurchase obligations in an aggregate amount at any time outstanding not to exceed $1,000,000,000 of the Company and its Subsidiaries in connection with Receivables Securitization Transactions; and (viii) Other Guaranty Obligations of the Company and its Subsidiaries in an aggregate amount not to exceed $250,000,000.