Common use of Limitations on Contingent Obligations Clause in Contracts

Limitations on Contingent Obligations. Create, incur, assume or suffer to exist any Contingent Obligations except Contingent Obligations in favor of the Agent for the benefit of the Agent and the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Cornerstone Realty Income Trust Inc), Credit Agreement (Golf Trust of America Inc)

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Limitations on Contingent Obligations. Create, incur, assume or suffer to exist any Contingent Obligations except except: (a) Contingent Obligations in favor of the Agent for the benefit of the Agent and the Lenders.; and

Appears in 1 contract

Samples: Credit Agreement (Roanoke Electric Steel Corp)

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.;

Appears in 1 contract

Samples: Credit Agreement (Breed Technologies Inc)

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Limitations on Contingent Obligations. Create, incur, assume or suffer to exist any Contingent Obligations except except: (a) Contingent Obligations in favor of the Agent for the benefit of the Agent and the Lenders.;

Appears in 1 contract

Samples: Loan Agreement (Sirrom Investments Inc)

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