Common use of Powers of Attorney; Guarantees Clause in Contracts

Powers of Attorney; Guarantees. (a) Neither the Company nor the Company Subsidiary has an obligation to act under any outstanding power of attorney or any obligation or liability, either accrued, accruing or contingent, as guarantor, surety, co-xxxxxx, endorser (other than for purposes of collection in the ordinary course of business of the Company and the Company Subsidiary), co-maker or indemnitor in respect of the obligation of any Person.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Remington Arms Co Inc/), Stock Purchase Agreement (Freedom Group, Inc.)

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Powers of Attorney; Guarantees. (a) Neither the Company nor the Company any Subsidiary has an any obligation to act under any outstanding power of attorney or any obligation or liability, either accrued, accruing or contingent, as guarantor, surety, co-xxxxxxsigner, endorser (other than for purposes of collection in the ordinary course of business of the Company and or the Company Subsidiary, as the case may be), co-maker or indemnitor in respect of the obligation of any Personperson, corporation, partnership, joint venture, association, organization or other entity.

Appears in 1 contract

Samples: Stock Purchase Agreement (Fund American Enterprises Holdings Inc)

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Powers of Attorney; Guarantees. (a) Neither Except as set forth in Section 3.23 of the Disclosure Letter, neither the Company nor the Company Subsidiary any of its Subsidiaries has an any obligation to act under any outstanding power of attorney or any obligation or liability, either accrued, accruing or contingent, as guarantor, surety, co-xxxxxx, endorser (other than for purposes of collection in the ordinary course Ordinary Course of business of the Company and the Company SubsidiaryBusiness), co-maker or indemnitor in respect of the obligation of any Person.

Appears in 1 contract

Samples: Stock Purchase Agreement (Weyerhaeuser Co)

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