No Guarantees or indemnities. (a) Except as permitted under paragraph (b) below, Borrower shall not (and shall ensure that no other member of the Group will) incur or allow to remain outstanding any guarantee or guarantees in respect of any obligation of any person where the maximum aggregate contingent liability of the Group under all such guarantees exceeds $5,000,000 at any time.
Appears in 6 contracts
Samples: Credit Agreement (Central European Media Enterprises LTD), Amendment and Restatement Agreement (Central European Media Enterprises LTD), Credit Agreement (Central European Media Enterprises LTD)
No Guarantees or indemnities. (a) Except as permitted under paragraph (b) below, the Borrower shall not (and shall ensure that no other member of the Group will) incur or allow to remain outstanding any guarantee or guarantees in respect of any obligation of any person where the maximum aggregate contingent liability of the Group under all such guarantees exceeds $5,000,000 at any time.
Appears in 3 contracts
Samples: Revolving Loan Facility Credit Agreement (Central European Media Enterprises LTD), Term Loan Facility Credit Agreement (CME Media Enterprises B.V.), Revolving Loan Facility Credit Agreement (CME Media Enterprises B.V.)
No Guarantees or indemnities. (a) Except as permitted under paragraph (b) below, the Borrower shall not (and shall ensure that no other member of the Group will) incur or allow to remain outstanding any guarantee or guarantees in respect of any obligation of any person where the maximum aggregate contingent liability of the Group under all such guarantees exceeds $5,000,000 CZK125,000,000 at any time.
Appears in 1 contract
Samples: Assignment Agreement (Central European Media Enterprises LTD)
