No Other Guaranties Sample Clauses

No Other Guaranties. Except for reasonable and customary indemnities in Borrower’s present and future agreements with third parties, Borrower shall not guarantee or become responsible for the obligations of any other person, corporation or entity without the prior written consent of Bank.
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No Other Guaranties. The delivery and effectiveness of this Guaranty is not contingent or conditioned upon the delivery by any other entity or any other type of personal guaranty relative to the Indebtedness Guaranteed.
No Other Guaranties. Other than guaranties in favor of Bank and Borrower’s guaranties of the Debt of Borrower’s wholly owned Subsidiaries in an aggregate amount at any one time of no more than $3,000,000.00, no Second Party shall guarantee or become responsible for the Debt of any other Person without the prior written consent of Bank, which consent may be withheld in Bank’s reasonable discretion.
No Other Guaranties. Grant guarantees to any other financial
No Other Guaranties. Grant guarantees to any other financial institutions or entities without the Bank's prior approval. G. Acquisitions. Acquire other entities without the Bank's prior approval. 8. CONDITIONS OF BANK'S OBLIGATIONS Bank's obligations to perform hereunder shall be subject to satisfaction of the following conditions on or before closing: A.
No Other Guaranties. Grant guarantees to any other financial institutions or entities without the Bank's prior approval, which shall not be unreasonably withheld, except that those guarantees which TransFinancial is required to make on behalf of its subsidiary, Universal Premium Acceptance Corporation, to Bank Boston, and except for any other guarantees which collectively do not exceed $1,000,000.00, shall not require the Bank's prior approval.
No Other Guaranties. Grant guarantees to any other financial institutions or entities. G. Acquisitions. Acquire other entities.
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Related to No Other Guaranties

  • The Guaranties Subject to the provisions of this Article, each Guarantor hereby irrevocably and unconditionally guarantees, jointly and severally, on an unsecured basis, the full and punctual payment (whether at Stated Maturity, upon redemption, purchase pursuant to an Offer to Purchase or acceleration, or otherwise) of the principal of, premium, if any, and interest on, and all other amounts payable under, each Note, and the full and punctual payment of all other amounts payable by the Company under the Indenture. Upon failure by the Company to pay punctually any such amount, each Guarantor shall forthwith on demand pay the amount not so paid at the place and in the manner specified in the Indenture.

  • No Guaranties The Lessee shall not assume, guarantee, endorse, contingently agree to purchase or otherwise become directly or contingently liable (including, without limitation, liable by way of agreement, contingent or otherwise, to purchase, to provide funds for payment, to supply funds to or otherwise to invest in any debtor or otherwise to assure any creditor against loss) in connection with any Indebtedness of any other Person, except by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.

  • No Other Agreements The Financial Institution has not entered into an agreement relating to a Collateral Account in which it has agreed to comply with “entitlement orders” (as defined in Section 8-102(a)(8) of the UCC) or “instructions” (within the meaning of Section 9-104 of the UCC) of any Person other than the Secured Party.

  • Guaranties Guarantee or become liable in any way as surety, endorser (other than as endorser of negotiable instruments for deposit or collection in the ordinary course of business), accommodation endorser or otherwise for, nor pledge or hypothecate any assets of Borrower as security for, any liabilities or obligations of any other person or entity, except any of the foregoing in favor of Bank.

  • No Other Agreement Executive shall have no employment contract or other written or oral agreement concerning employment with any entity or person other than the Bank during the term of his employment under this Agreement.

  • No Other Obligations The benefits payable to Executive under this Agreement are not in lieu of any benefits payable under any employee benefit plan, program or arrangement of the Company, except as specifically provided herein, and Executive will receive such benefits or payments, if any, as he may be entitled to receive pursuant to the terms of such plans, programs and arrangements. Except for the obligations of the Company provided by the foregoing and this Section 5, the Company shall have no further obligations to Executive upon his termination of employment.

  • No Obligations of Borrower Nothing contained in this Article 10 shall be deemed to impose upon Borrower any obligation in respect of the due and punctual performance by the Administrative Agent of its obligations to the Lenders under any provision of this Agreement, and Borrower shall have no liability to the Administrative Agent or any of the Lenders in respect of any failure by the Administrative Agent or any Lender to perform any of its obligations to the Administrative Agent or the Lenders under this Agreement. Without limiting the generality of the foregoing, where any provision of this Agreement relating to the payment of any amounts due and owing under the Loan Documents provides that such payments shall be made by Borrower to the Administrative Agent for the account of the Lenders, Borrower’s obligations to the Lenders in respect of such payments shall be deemed to be satisfied upon the making of such payments to the Administrative Agent in the manner provided by this Agreement.

  • OBLIGATIONS OF BORROWER Until payment in full of all Loan Facility Obligations and termination of the Loan Documents, Borrower agrees as follows:

  • Guaranty Agreements Any Guaranty Agreement or any provision thereof shall for any reason cease to be in full force and effect or valid and binding on or enforceable against any Credit Party or a Credit Party shall so state in writing or bring an action to limit its obligations or liabilities thereunder; or any Credit Party shall fail to perform any of its obligations thereunder; or

  • No Other Agreements to Sell the Company or the Assets. Neither the Company nor the Company Subsidiary has any legal obligation, absolute or contingent, to any other Person to sell the Assets of the Company or the Company Subsidiary (other than inventory in the ordinary course of business) or to sell any capital stock of the Company or the Company Subsidiary or to effect any merger, consolidation or other reorganization of the Company or the Company Subsidiary or to enter into any agreement with respect thereto, except pursuant to the Company Options and this Agreement.

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