Limitation on Guaranty Obligations Sample Clauses

Limitation on Guaranty Obligations. Create, incur, assume, suffer to exist, or otherwise be liable with respect to, any Guaranty Obligations, except for:
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Limitation on Guaranty Obligations. Section 7.05.
Limitation on Guaranty Obligations. The Borrower will not, and will not permit any Vessel Owning Subsidiary to, create, incur, assume or suffer to exist any Guaranty Obligation except the Guaranty Obligations of the Vessel Owning Subsidiaries under the Guaranty and those set forth in Schedule VI hereto.
Limitation on Guaranty Obligations. Assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other person, except (a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and (b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other persons, in existence as of the date of the Interim Order.
Limitation on Guaranty Obligations. Borrower shall not create, incur or assume any new Guaranty Obligation.
Limitation on Guaranty Obligations. Anything in this Article 7 to the contrary notwithstanding, it is the intent of the Guarantors and Purchasers that each Guarantor's maximum obligations hereunder (the "Maximum Guaranty Liability") shall not be in excess of:
Limitation on Guaranty Obligations. Stratagene and BH LLC will not, and will not permit any Business Credit Party to, enter into or otherwise become or be liable in respect of any Guaranty Obligations (excluding specifically therefrom endorsements in the ordinary course of business of negotiable instruments for deposit or collection), other than (i) those in favor of MLBFS in connection herewith or the other Loan Documents and (ii) those permitted under clause (f) of Section 7.3(n) above.
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Limitation on Guaranty Obligations. A. Aggregate outstanding principal amount of other Guaranty Obligations of the Borrower or any Subsidiary: $_____________
Limitation on Guaranty Obligations. “Create, incur, assume or suffer to exist any Guaranty Obligation except Guaranty Obligations (a) in existence on the date hereof and listed on Schedule 8.3 or any refinancings, renewals or extensions thereof which do not result in an increase thereof and (b) pursuant to the Term Loan Guaranties; provided, however, that Borrower will not make any payment with respect to the Term Loan Guaranty unless (i) it has given the Administrative Agent at least 5 Business Daysprior notice, (ii) no Default or Event of Default exists at the time of such payment and no Default or Event of Default would result from the making of such payment, and (iii) such payment is strictly in accordance with the ABL Intercreditor Agreement.”
Limitation on Guaranty Obligations. In any action or proceeding with respect to any Guarantor involving any state corporate law, or any state or federal bankruptcy, insolvency, reorganization or other law affecting the rights of creditors generally, if the obligations of such Guarantor under §6.1 hereof would otherwise be held or determined to be void, invalid or unenforceable, or subordinated to the claims of any other creditors, on account of the amount of its liability under said §6.1, then, notwithstanding any other provision hereof to the contrary, the amount of such liability shall, without any further action by such Guarantor, Administrative Agent, Lenders, or any other Person, be automatically limited and reduced to the highest amount which is valid and enforceable and not subordinated to the claims of other creditors as determined in such action or proceeding.
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