Common use of Contracts of Surety Clause in Contracts

Contracts of Surety. Except for the endorsements of Borrower of negotiable instruments for deposit or collection in the ordinary course of business, Borrower is not a party to any contract of guaranty or surety.

Appears in 2 contracts

Sources: Credit Agreement (Anthony Clark International Insurance Brokers LTD), Loan Agreement (Arts Way Manufacturing Co Inc)

Contracts of Surety. Except for the endorsements of Borrower of negotiable instruments for deposit or collection in the ordinary course of businessbusiness of Borrower, Borrower is has not a party to executed any contract of guaranty or surety.

Appears in 2 contracts

Sources: Loan Agreement (Merchants Bancorp), Loan Agreement (Merchants Bancorp)

Contracts of Surety. Except for the endorsements of Borrower of negotiable instruments for deposit or collection in the ordinary course of businessbusiness and except for the Amcast Guaranty, Borrower is not a party to any contract of guaranty or surety.

Appears in 1 contract

Sources: Credit Agreement (Amcast Industrial Corp)

Contracts of Surety. Except for the endorsements of Borrower or the Guarantor of negotiable instruments for deposit or collection in the ordinary course of business, Borrower is not a party to any contract of guaranty or surety.

Appears in 1 contract

Sources: Reimbursement and Pledge Agreement