Limitations on Guaranty Obligations Sample Clauses

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

Limitations on Guaranty Obligations. Create, incur, assume or suffer to exist any Guaranty Obligations except: (a) Guaranty Obligations in favor of the Administrative Agent for the benefit of the Administrative Agent and the Lenders; (b) Guaranty Obligations in an amount not to exceed $15,000,000 to secure payment or performance of customer service contracts incurred in the ordinary course of business (including, without limitation, reimbursement or similar agreements entered in the ordinary course of business between a Borrower and a third party issuer of surety or performance bonds which are issued for such Borrower's account for the benefit of a customer of such Borrower); (c) Guaranty Obligations of the Company with respect to the Debt of any Subsidiary Borrower permitted by Section 11.1; (d) Guaranty obligations of Southern Business Communications, Inc. pursuant to that Guaranty Agreement dated as of November 1, 2000 entered in favor of National Build to Suit Brookside 500/600, L.L.C. (the "Landlord") with respect to certain obligations of AV Presentations, Inc. under the lease agreement dated as of November 7, 2000 by and between AV Presentations, Inc. and Landlord, a copy of which lease agreement and guaranty agreement have been delivered to the Administrative Agent; (i) Guaranty Obligations of certain Subsidiaries of the Company with respect to the Subordinated Debt of the Company evidenced by the Existing Subordinated Notes (provided that such Guaranty Obligations shall be released and terminated on June 26, 2003), (ii) Guaranty Obligations of certain Subsidiaries of the Company with respect to the Subordinated Debt of the Company permitted pursuant to Section 11.1(c) and (iii) Guaranty Obligations of certain Subsidiaries of the Company with respect to Subordinated Debt permitted pursuant to Section 11.1(k); and (f) Guaranty Obligations of the Company with respect to Operating Leases entered into in the ordinary course of business by the other Borrowers.

Limitations on Guaranty Obligations. Create, incur, assume or suffer to exist any Guaranty Obligations secured by or encumbering the Collateral.

Limitations on Guaranty Obligations. Create, incur, assume or permit to exist any Guaranty Obligations except for (a) the endorsement of negotiable or nonnegotiable instruments for collection in the ordinary course of business, and (b) Guaranty Obligations in favor of a Lender; and (c) Guaranty Obligations described on Schedule 6.3 existing on the date of this Agreement, provided that the principal amount thereof shall not be increased.

Limitations on Guaranty Obligations. Create, incur, assume or suffer to exist any Guaranty Obligations except: (a) Guaranty Obligations in favor of the Lenders; and (b) Guaranty Obligations of Urban for the benefit of any Subsidiary of Debt permitted by Section 10.1(a), Section 10.1(b), Section 10.1(c), Section 10.1(d), Section 10.1(e), Section 10.1(f) and Section 10.1(g) and Section 10.1(i) hereof.

Limitations on Guaranty Obligations. Create, incur, assume or suffer to exist any Guaranty Obligations except: (a) Guaranty Obligations in favor of the Administrative Agent for the benefit of the Administrative Agent and the Lenders; (b) Guaranty Obligations existing on the Closing Date and not otherwise permitted under this Section 11.2, as set forth on Schedule 7.1(s) (or as specifically permitted to be excluded from such Schedule) and the renewal and refinancing but not the increase in the aggregate principal amount thereof; and (c) Guaranty Obligations with respect to Debt permitted under Section 11.1(a)—(e) or (g) or (h) and (j), or with respect to any other obligations of any Borrower or a Subsidiary not prohibited under the Loan Documents; provided, that Guaranty Obligations with respect to Debt permitted under Section 11.1(j) shall be subordinated on terms and in a manner acceptable to the Administrative Agent and the Required Lenders.

Limitations on Guaranty Obligations. 55 SECTION 10.3 Limitations on Liens........................................ 56 SECTION 10.4 Limitations on Loans, Advances, Investments and Acquisitions 57 SECTION 10.5 Limitations on Mergers and Liquidation...................... 59 SECTION 10.6 Limitations on Sale of Assets............................... 59 SECTION 10.7 Limitations on Dividends and Distributions.................. 60 SECTION 10.8 Limitations on Exchange and Issuance of Capital Stock....

Limitations on Guaranty Obligations. Create, incur, assume or suffer to exist any Guaranty Obligations except: (a) Guaranty Obligations in favor of the Administrative Agent for the benefit of the Administrative Agent and the Lenders; (b) Guaranty Obligations with respect to Debt permitted pursuant to Section 10.1; (c) Guaranty Obligations existing on the Closing Date and not otherwise permitted under this Section 10.2, as set forth on Schedule 6.1(t) (and the renewal and refinancing but not the increase thereof) on terms and conditions no more restrictive than the terms contained in such original existing Guaranty Obligations; and (d) Guaranty Obligations in an amount not to exceed $3,000,000 in the aggregate on any date of determination.

Limitations on Guaranty Obligations. Create, incur, assume or suffer to exist any Guaranty Obligations except: (a) Guaranty Obligations in favor of the Administrative Agent for the benefit of the Administrative Agent and the Lenders; (b) Guaranty Obligations in an amount not to exceed $15,000,000 to secure payment or performance of customer service contracts incurred in the ordinary course of business (including, without limitation, reimbursement or similar agreements entered in the ordinary course of business between a Credit Party and a third party issuer of surety or performance bonds which are issued for such Credit Party’s account for the benefit of a customer of such Credit Party); (c) Guaranty Obligations of the Borrower with respect to the Debt of any Subsidiary Guarantor; (d) Guaranty Obligations of certain Subsidiaries of the Borrower with respect to Subordinated Debt permitted pursuant to Section 11.1(j) (provided that no Subsidiary shall be permitted to provide such Guaranty Obligations unless such Subsidiary shall have executed and delivered all applicable agreements, certificates and other documents required to be delivered pursuant to Section 9.12 (regardless of the specific requirements relating to the Pro Forma EBITDA of Subsidiaries set forth in Section 9.12)); and (e) Guaranty Obligations of the Borrower with respect to Operating Leases entered into in the ordinary course of business by the other Borrower.

Limitations on Guaranty Obligations. Create, incur, assume or suffer to exist any Guaranty Obligations except: (a) Guaranty Obligations in favor of the Administrative Agent for the benefit of the Administrative Agent and the Lenders; (b) Guaranty Obligations in respect of the Permitted Parent Debt; and (c) Other Guaranty Obligations in an aggregate amount not to exceed $2,000,000 at any time outstanding.