Limitations on Contingent Obligations. Create, incur, assume or suffer to exist any Contingent Obligations except Contingent Obligations in favor of the Administrative Agent for the benefit of the Administrative Agent and the Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Cornerstone Realty Income Trust Inc), Credit Agreement (Cornerstone Realty Income Trust Inc)
Limitations on Contingent Obligations. Create, incur, assume or suffer to exist any Contingent Obligations except for (i) Contingent Obligations comprised of guaranties or other support of or for Debt, leases, obligations, and undertakings permitted to any Borrower or any Subsidiary by this Agreement and (ii) Contingent Obligations in favor of the Administrative Agent for the benefit of the Administrative Agent and the Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Ahl Services Inc), Credit Agreement (Ahl Services Inc)
Limitations on Contingent Obligations. Create, incur, assume or suffer to exist any Contingent Obligations except except:
(a) Contingent Obligations in favor of the Administrative Agent for the benefit of the Administrative Agent and the Lenders; and
(b) guaranties incurred in the ordinary course of business in an aggregate amount not to exceed $250,000 at any time.
Appears in 2 contracts
Samples: Credit Agreement (Cca Prison Realty Trust), Credit Agreement (Cca Prison Realty Trust)
Limitations on Contingent Obligations. Create, incur, assume or suffer to exist any Contingent Obligations except except:
(a) Contingent Obligations in favor of the Administrative Agent for the benefit of the Administrative Agent and the Lenders; and
(b) Contingent Obligations relating to the Debt or other obligations of the Borrower or any Wholly-Owned Subsidiary.
Appears in 1 contract
