Common use of Other Obligor Clause in Contracts

Other Obligor. “Other Obligor” means, other than the Debtor, any Person who or that is now or hereafter liable, whether directly or indirectly or absolutely or contingently, for the payment or other performance of any of the Obligations.

Appears in 3 contracts

Samples: Subordination Agreement (PNG Ventures Inc), Subordination Agreement (PNG Ventures Inc), General Security Agreement (Red Mile Entertainment Inc)

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Other Obligor. The term "Other Obligor” means, " means any person or entity other than the Debtor, any Person who or Borrower that is now or hereafter liable, whether directly directly, contingently or indirectly otherwise, upon or absolutely in connection with any of the Obligations or contingently, that has granted any lien or security interest to or for the payment benefit of Bank to secure any of the Obligations, including, but not limited to, any guarantor, surety, endorser, or other performance co-maker of any of the Obligations.

Appears in 1 contract

Samples: Loan Agreement (Pharmakinetics Laboratories Inc)

Other Obligor. “Other Obligor” means, other than the Debtorany Guarantor and PNG, any Person who or that is now or hereafter liable, whether directly or indirectly or absolutely or contingently, for the payment or other performance of any of the Obligations.

Appears in 1 contract

Samples: Subordination Agreement (PNG Ventures Inc)

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Other Obligor. “Other Obligor” means, other than the Debtor, any Person who or that is now or hereafter liable, whether directly or indirectly or absolutely or contingently, for the payment or other performance of any of the Obligations.

Appears in 1 contract

Samples: General Security Agreement (Op Tech Environmental Services Inc)

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