Common use of Guaranty of Payment or Performance Clause in Contracts

Guaranty of Payment or Performance. Guaranty any contract or obligation of any Person, except for any Indebtedness owed to Bank by any Affiliates of Borrower, and except that the foregoing restriction shall not apply to endorsements of instruments for collection in the ordinary course of business.

Appears in 4 contracts

Samples: Loan Agreement (Carrizo Oil & Gas Inc), Loan Agreement (Carrizo Oil & Gas Inc), Revolving Credit Agreement (Midland Resources Inc /Tx/)

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Guaranty of Payment or Performance. Guaranty any contract or obligation of any Person, except for any Indebtedness owed to Bank by any Affiliates of Borrower, and except that the foregoing restriction shall not apply to endorsements of instruments for collection in the ordinary course of business.

Appears in 1 contract

Samples: Security Agreement (San Juan Partners LLC)

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