Common use of Third Party Guaranties Clause in Contracts

Third Party Guaranties. No Loan Party shall make, issue, or become liable on any Guaranty, except (a) Guaranties of the Obligations in favor of the Agent, (b) Guaranties in favor of the holders of the Additional Debt, or (c) unsecured Guaranties of Debt incurred by a Foreign Subsidiary in an aggregate principal amount at any time outstanding not to exceed $5,000,000.

Third Party Guaranties. No Loan Party shall make, issue, or become liable on any Guaranty, except (a) Guaranties of the Obligations in favor of the Agent, or (b) Guaranties in favor of the holders of the Additional Debt, or (c) unsecured Guaranties of Debt incurred by a Foreign Subsidiary in an aggregate principal amount at any time outstanding not to exceed $5,000,00040,000,000.

Third Party Guaranties. No Loan Party shall make, issue, or become liable on any Guaranty, except (a) Guaranties of the Obligations in favor of the Agent, (b) Guaranties in favor of the holders of the Additional Debt, or (c) unsecured Guaranties of Debt incurred by a Foreign Subsidiary in an aggregate principal amount at any time outstanding not to exceed $5,000,00040,000,000, or (c) Guaranties of the MAST Debt. (f) by amending and restating Section 7.13 of the Credit Agreement as follows:

Third Party Guaranties. No Loan Party shall make, issue, or become liable on any Guaranty, except (a) Guaranties of the Obligations in favor of the Agent, (b) Guaranties in favor of the holders of the Additional Debt, or (c) unsecured Guaranties of Debt incurred by a Foreign Subsidiary in an aggregate principal amount at any time outstanding not to exceed $5,000,00040,000,000, or (c) Guaranties of the MAST Debt.