Restriction on Leases. Borrower shall not become liable in any way, whether directly or by assignment or as a guarantor or other surety, for the obligations of the lessee under any lease, whether such lease be an Operating Lease or a Capital Lease.
Appears in 2 contracts
Samples: Credit Agreement (Atlas Air Inc), Credit Agreement (Atlas Air Inc)
Restriction on Leases. The Borrower shall not become liable in any way, whether directly or by assignment or as a guarantor or other surety, for the obligations of the lessee under any lease, whether such lease be an Operating Lease or a Capital Lease.
Appears in 2 contracts
Samples: Credit Agreement (Atlas Air Inc), Credit Agreement (Atlas Air Worldwide Holdings Inc)
Restriction on Leases. Borrower Borrowers shall not, and shall not permit any of their respective Subsidiaries to, become liable in any way, whether directly or by assignment or as a guarantor or other surety, for the obligations of the lessee under any lease, whether such lease be an Operating Lease or a Capital Lease, other than Operating Leases and Capital Leases in existence on the Petition Date.
Appears in 1 contract
Samples: Possession Credit Agreement (Fruehauf Trailer Corp)
