Common use of Options, guarantees etc Clause in Contracts

Options, guarantees etc. The Company is not responsible for the indebtedness of any other person, and in particular but without prejudice to the generality of the foregoing is not a party to any option or pre-emption right or a party to any guarantee or suretyship or any other obligation (whatever called) to pay, purchase or provide funds (whether by the advance of money, the purchase of or subscription for shares or other securities or the purchase of assets or services or otherwise) for the payment of, or as an indemnity against the consequence of default in the payment of, any indebtedness of any other person.

Appears in 11 contracts

Samples: Agreement for Sale and Purchase of Shares (Integrated Media Technology LTD), Sale and Purchase Agreement (China Media Group CORP), Agreement for Sale and Purchase of Certain Interest in the Registered Capital (Hartcourt Companies Inc)

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Options, guarantees etc. The Company is not responsible for the indebtedness of any other person, and in particular but without prejudice to the generality of the foregoing foregoing, is not a party to any option or pre-emption right or a party to any guarantee or suretyship or any other obligation (whatever called) to pay, purchase or provide funds (whether by the advance of money, the purchase of or subscription for shares or other securities or the purchase of assets or services or otherwise) for the payment of, or as an indemnity against the consequence of default in the payment of, any indebtedness of any other person.

Appears in 5 contracts

Samples: Sale and Purchase Agreement (China Natural Resources Inc), Sale and Purchase Agreement (China Natural Resources Inc), Share Purchase Agreement (China Natural Resources Inc)

Options, guarantees etc. The Company is not responsible for the indebtedness of any other person, and in particular but without prejudice to the generality of the foregoing is not a party to any option or pre-emption right or a party to any guarantee or suretyship or any other obligation (whatever called) to pay, purchase or provide funds (whether by the advance of money, the purchase of or subscription for shares or other securities or the purchase of assets or services or otherwise) for the payment of, of or as an indemnity against the consequence of default in the payment of, of any indebtedness of any other person.

Appears in 2 contracts

Samples: Agreement for the Sale and Purchase of Shares (Integrated Media Technology LTD), Sale and Purchase Agreement (Median Group Inc)

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Options, guarantees etc. The Company is not responsible for the indebtedness of any other person, and in particular but without prejudice to the generality of the foregoing is not a party to any option or pre-pre- emption right or a party to any guarantee or suretyship or any other obligation (whatever called) to pay, purchase or provide funds (whether by the advance of money, the purchase of or subscription for shares or other securities or the purchase of assets or services or otherwise) for the payment of, of or as an indemnity against the consequence of default in the payment of, of any indebtedness of any other person.

Appears in 2 contracts

Samples: Shareholder Agreement (Integrated Media Technology LTD), Shareholder Agreement (Integrated Media Technology LTD)

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