Common use of Limitation on Guarantee Obligations Clause in Contracts

Limitation on Guarantee Obligations. Create, incur, assume or suffer to exist any Guarantee Obligation except (i) reimbursement obligations under Section 3.5 of this Agreement, (ii) Guarantee Obligations incurred in the ordinary course of business with respect to surety, performance bonds and other substantially similar obligations, and (iii) Guarantee Obligations that are in existence on the date hereof and listed on Schedule 8.4 attached hereto.

Appears in 2 contracts

Samples: Uncommitted Credit Agreement (Par Petroleum Corp/Co), Uncommitted Credit Agreement (Par Petroleum Corp/Co)

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Limitation on Guarantee Obligations. Create, incur, assume or suffer to exist any Guarantee Obligation except except: (i) reimbursement obligations under Section 3.5 of this Agreement, (iia) Guarantee Obligations incurred in the ordinary course of business with respect to surety, performance bonds and other substantially similar obligations, and (iii) Guarantee Obligations that are in existence on the date hereof and listed on Schedule 8.4 attached hereto8.4; (b) guarantees made in the ordinary course of its business by the Borrower of obligations of any of its Domestic Subsidiaries, which obligations are otherwise permitted under this Agreement; and (c) the guarantees by the Domestic Subsidiaries under the Guarantee Agreements.

Appears in 2 contracts

Samples: Credit Agreement (Napco Security Technologies, Inc), Credit Agreement (Napco Security Technologies, Inc)

Limitation on Guarantee Obligations. Create, incur, assume or suffer to exist any Guarantee Obligation except except: (i) reimbursement obligations under Section 3.5 of this Agreement, (iia) Guarantee Obligations incurred in the ordinary course of business with respect to surety, performance bonds and other substantially similar obligations, and (iii) Guarantee Obligations that are in existence on the date hereof and listed on Schedule 8.4 attached hereto9.4(a); (b) guarantees made in the ordinary course of its business by Holdings of obligations of any of its Subsidiaries, which obligations are otherwise permitted under this Agreement; and (c) the Guarantees.

Appears in 1 contract

Samples: Credit Agreement (Security Capital Corp/De/)

Limitation on Guarantee Obligations. Create, incur, assume or suffer to exist any Guarantee Obligation except except: (i) reimbursement obligations under Section 3.5 of this Agreement, (iia) Guarantee Obligations incurred in the ordinary course of business with respect to surety, performance bonds and other substantially similar obligations, and (iii) Guarantee Obligations that are in existence on the date hereof and listed on Schedule 8.4 attached hereto6.4; (b) guarantees made in the ordinary course of its business by any Borrower of obligations of any of its Subsidiaries, which obligations are otherwise permitted under this Agreement; and (c) the Guarantees.

Appears in 1 contract

Samples: Credit Agreement (Baldwin Technology Co Inc)

Limitation on Guarantee Obligations. Create, incur, assume or suffer to exist any Guarantee Obligation except Obligation, except: (i) reimbursement obligations under Section 3.5 of this Agreement, (iia) Guarantee Obligations incurred in the ordinary course of business with respect to surety, performance bonds and other substantially similar obligations, and (iii) Guarantee Obligations that are in existence on the date hereof and listed on Schedule 8.4 attached hereto6.13; (b) Guarantee Obligations in favor of the Lenders; and (c) Guarantee Obligations made by Subsidiaries of the Borrower of obligations of the Borrower or any of its other Subsidiaries, which obligations are otherwise permitted under this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Tefron LTD)

Limitation on Guarantee Obligations. Create, incur, assume or suffer to exist any Guarantee Obligation except Obligation, except: (i) reimbursement obligations under Section 3.5 of this Agreement, (iia) Guarantee Obligations incurred in the ordinary course of business with respect to surety, performance bonds and other substantially similar obligations, and (iii) Guarantee Obligations that are in existence on the date hereof and listed on Schedule 8.4 attached heretoSCHEDULE VII; (b) guarantees made by the Borrower of obligations of any of its Subsidiaries, which obligations are otherwise permitted under this Agreement; and (c) guarantees made by Subsidiaries of the Borrower of obligations of the Borrower or any of its other Subsidiaries, which obligations are otherwise permitted under this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Zaring National Corp)

Limitation on Guarantee Obligations. Create, incur, assume or suffer to exist any Guarantee Obligation except except: (i) reimbursement obligations under Section 3.5 of this Agreement, (iia) Guarantee Obligations incurred in the ordinary course of business with respect to surety, performance bonds and other substantially similar obligations, and (iii) Guarantee Obligations that are in existence on the date hereof and listed on Schedule 8.4 attached hereto6.4(a); (b) Guarantee Obligations incurred after the date hereof in an aggregate amount not to exceed $1,000,000 at any one time outstanding; (c) guarantees made in the ordinary course of its business by the Borrower of obligations of any of its Subsidiaries, which obligations are otherwise permitted under this Agreement; and (d) the Guarantees.

Appears in 1 contract

Samples: Credit Agreement (Swisher International Group Inc)

Limitation on Guarantee Obligations. Create, incur, assume or suffer to exist any Guarantee Obligation except except: (i) reimbursement obligations under Section 3.5 of this Agreement, (iia) Guarantee Obligations incurred in the ordinary course of business with respect to surety, performance bonds and other substantially similar obligations, and (iii) Guarantee Obligations that are in existence on the date hereof and listed on Schedule 8.4 attached hereto9.4; (b) guarantees made in the ordinary course of its business by the Borrower of obligations of any of its Subsidiaries, which obligations are otherwise permitted under this Agreement; and (c) the Guarantees.

Appears in 1 contract

Samples: Credit Agreement (Monarch Machine Tool Co)

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Limitation on Guarantee Obligations. Create, incur, assume or ----------------------------------- suffer to exist any Guarantee Obligation except except: (i) reimbursement obligations under Section 3.5 of this Agreement, (iia) Guarantee Obligations incurred in the ordinary course of business with respect to surety, performance bonds and other substantially similar obligations, and (iii) Guarantee Obligations that are in existence on the date hereof and listed on Schedule 8.4 attached hereto6.4; and (b) guarantees made in the ordinary course of its business by the Borrower of obligations of any of its Restricted Subsidiaries, which obligations are otherwise permitted under this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Adams Outdoor Advertising Inc)

Limitation on Guarantee Obligations. Create, incur, assume or suffer to exist any Guarantee Obligation except except: (i) reimbursement obligations under Section 3.5 of this Agreement, (iia) Guarantee Obligations incurred in the ordinary course of business with respect to surety, performance bonds and other substantially similar obligations, and (iii) Guarantee Obligations that are in existence on the date hereof and listed on Schedule 8.4 attached hereto7.4; (b) Guarantee Obligations undertaken by any Obligor in respect of any obligation of any other Obligor so long as the primary obligation is permitted hereunder; (c) the Guarantees and the other DIP Loan Documents; and (d) Guarantee Obligations permitted under Section 7.2.

Appears in 1 contract

Samples: Debtor in Possession Credit Agreement (Verasun Energy Corp)

Limitation on Guarantee Obligations. Create, incur, assume or suffer to exist any Guarantee Obligation except except: (i) reimbursement obligations under Section 3.5 of this Agreement, (iia) Guarantee Obligations incurred in the ordinary course of business with respect to surety, performance bonds and other substantially similar obligations, and (iii) Guarantee Obligations that are in existence on the date hereof and listed on Schedule 8.4 attached hereto6.4; (b) Guarantee Obligations incurred after the date hereof in an aggregate amount not to exceed $5,000,000 at any one time outstanding; (c) guarantees made in the ordinary course of its business by any Borrower of obligations of any of its Subsidiaries, which obligations are otherwise permitted under this Agreement; and (d) the Guarantees.

Appears in 1 contract

Samples: Credit Agreement (Baldwin Technology Co Inc)

Limitation on Guarantee Obligations. Create, incur, assume or ----------------------------------- suffer to exist any Guarantee Obligation except except: (i) reimbursement obligations under Section 3.5 of this Agreement, (iia) Guarantee Obligations incurred in the ordinary course of business with respect to surety, performance bonds and other substantially similar obligations, and (iii) Guarantee Obligations that are in existence on the date hereof and listed on Schedule 8.4 attached hereto7.4(a); --------------- (b) Guarantee Obligations incurred in connection with the endorsement of negotiable instruments for deposit or collection and made in the ordinary course of its business; (c) Guarantee Obligations created pursuant to the Guarantee and Collateral Agreement or any other Security Document.

Appears in 1 contract

Samples: Credit Agreement (Asi Solutions Inc)

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