Restrictions on Guarantees. The Company will not become or remain liable with respect to any Guarantee of any obligation except the following:
Restrictions on Guarantees. Notwithstanding any provision to the contrary in any Loan Document, no Foreign Subsidiary shall provide any guarantees to secure the Obligations; provided that in the case of any Subsidiary organized under U.S. law that does not meet the definition of a “Domestic Subsidiary” by virtue of clauses (i) or (ii) in the definition thereof, such Subsidiary shall be treated as if it were a Foreign Subsidiary solely for the purposes of this Section 12.22. For purposes of this Section 12.22, Subsidiary shall include any Unrestricted Entity. The Credit Parties, Lenders and Administrative Agent agree that any guaranty or similar interest made or granted in contravention of this Section 12.22 shall be void ab initio.
Restrictions on Guarantees. The Borrower will not, and will not permit any of its Subsidiaries to, Guarantee the indebtedness or other obligations of any other Person; provided, however:
Restrictions on Guarantees. PPL Montana will not, contingently or otherwise, be or become liable, directly or indirectly, for any obligation guaranteeing in any manner any Indebtedness or performance obligation of any other person, except for:
Restrictions on Guarantees. The Borrower shall not become or remain liable with respect to any Guarantee of any obligation of any other Person except the following:
Restrictions on Guarantees. Guarantee, assume or otherwise become responsible for (directly or indirectly) the indebtedness for borrowed funds, performance, obligations, of any person, or the agreement by the Borrower or any of its subsidiaries to do any of the foregoing, except (i) any such contingent liability or agreement incurred or in effect on the date hereof, (ii) guarantees made in the ordinary course of business up to an aggregate amount of $100,000, and (iii) endorsements of checks and other negotiable instruments in the ordinary course of business.
Restrictions on Guarantees. Neither the Company nor any of its Subsidiaries will directly or indirectly guarantee, endorse (other than for collection or deposit in the ordinary course of business), discount or sell with recourse, agree (contingently or otherwise) to purchase, repurchase, or otherwise acquire or supply or advance funds (whether by way of loan, stock purchase, capital contribution, or otherwise) in respect of, or become, or be or remain liable with respect to, directly or indirectly, any indebtedness, obligation, liability, or dividend of any other Person.
Restrictions on Guarantees. The Subject Entities will not become or remain liable with respect to any Guarantee of any obligation of any other Person except the following:
Restrictions on Guarantees. (a) Holdings will not cause or permit any of its Subsidiaries (other than a Securitization Subsidiary), directly or indirectly, to guarantee any capital markets debt or any unsecured credit facility (other than Standard Securitization Undertakings in connection with a Qualified Securitization Financing) of Holdings, the Issuer or any Subsidiary Guarantor (other than guarantees by any of the Issuer’s Subsidiaries of capital markets debt or unsecured credit facilities of the Issuer or any of its Subsidiaries) in each case after the date hereof, unless such Subsidiary:
Restrictions on Guarantees. Imperial shall procure that no other member of the Group (other than Imperial) will guarantee (which for the purposes of this Clause 20.11 includes an indemnity or other form of assurance against financial loss) any indebtedness of the Borrowers unless the obligations of the Borrowers under this Agreement are similarly guaranteed, save when such guarantee is given by a member of the Group in connection with netting and set-off arrangements under cash management facilities existing and/or arising from time to time in the ordinary course of its banking arrangements and extended to members of the Group by a bank or financial institution.
