Common use of Assumptions or Guaranties of Indebtedness of Other Persons Clause in Contracts

Assumptions or Guaranties of Indebtedness of Other Persons. Seller has not assumed, guaranteed, endorsed or otherwise become directly or contingently liable for (including, without limitation, liability by way of agreement, contingent or otherwise, to purchase, to provide funds for payment, to supply funds to or otherwise to invest in the debtor or otherwise to assure the creditor against loss) any indebtedness of any other Person.

Appears in 4 contracts

Samples: Escrow Agreement (Win Gaming Media, Inc.), Intellectual Property and Technology Purchase Agreement (GAMING VENTURES PLC), Escrow Agreement (Win Gaming Media, Inc.)

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Assumptions or Guaranties of Indebtedness of Other Persons. Seller has not assumed, guaranteed, endorsed or otherwise become directly or contingently liable for (including, without limitation, liability by way of agreement, contingent or otherwise, to purchase, to provide funds for payment, to supply funds to or otherwise to invest in the debtor or otherwise to assure the creditor against loss) any indebtedness Indebtedness of any other PersonPerson which are or could become a Lien against or otherwise have an adverse effect on any of the Acquired Assets or their use by Buyer.

Appears in 2 contracts

Samples: Asset Purchase Agreement (SuperCom LTD), Asset Purchase Agreement (On Track Innovations LTD)

Assumptions or Guaranties of Indebtedness of Other Persons. Except as disclosed in Seller’s Financial Statements, Seller has not assumed, guaranteed, endorsed or otherwise become directly or contingently liable for on (including, without limitation, liability by way of agreement, contingent or otherwise, to purchase, to provide funds for payment, to supply funds to or otherwise to invest in the debtor or otherwise to assure the creditor against loss) ), any indebtedness Indebtedness of any other Person.

Appears in 1 contract

Samples: Asset Purchase Agreement (Merit Medical Systems Inc)

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Assumptions or Guaranties of Indebtedness of Other Persons. To the best of Seller's knowledge, Seller has not assumed, guaranteed, endorsed or otherwise become directly or contingently liable for on (including, without limitation, liability by way of agreement, contingent or otherwise, to purchase, to provide funds for payment, to supply funds to or otherwise to invest in the debtor or otherwise to assure the creditor against loss) ), any indebtedness of any other Personperson or entity which could adversely affect the transfer of the Purchased Assets to Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (National Transaction Network Inc)

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