Common use of No Guarantees, etc Clause in Contracts

No Guarantees, etc. Nothing herein or in the Tax ------------------ Indemnification Agreement shall be construed as a guarantee by either Lessee of any residual or other value in the Transponders or the useful life of the Transponders or constitute a guarantee by either Lessee of payment of principal of or interest on the Notes or any other amount payable under the Indenture.

Appears in 2 contracts

Samples: Participation Agreement (Magellan International Inc), Participation Agreement (Magellan International Inc)

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No Guarantees, etc. Nothing herein or in the Tax ------------------ ------------------- Indemnification Agreement Agreement, if any, shall be construed as a guarantee by either Lessee of any residual or other value in the Transponders or the useful life of the Transponders or constitute a guarantee by either Lessee of payment of principal of or interest on the Notes or any other amount payable under the IndentureLoan Agreement.

Appears in 1 contract

Samples: Participation Agreement (Magellan International Inc)

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No Guarantees, etc. Nothing herein or in the Tax ------------------ Indemnification Agreement shall be construed as a guarantee by either Lessee of any residual or other value in the Transponders or the useful life of the Transponders or constitute a guarantee by either Lessee of payment of principal of or interest on the Notes or any other amount payable under the Indenture.

Appears in 1 contract

Samples: Magellan International Inc

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