Common use of Guaranties and Other Contingent Liabilities Clause in Contracts

Guaranties and Other Contingent Liabilities. Neither any Borrower nor the Guarantor shall become an indemnitor, guarantor or surety or otherwise become liable for any of the obligations or liabilities of any Person, other than (i) the Guarantor’s obligations under the Guaranty, this Agreement and the other Loan Documents and (ii) the guaranty by a Borrower or the Guarantor of the liabilities and obligations of other Borrowers.

Guaranties and Other Contingent Liabilities. Neither any Borrower nor the Guarantor shall become an indemnitor, guarantor or surety or otherwise become liable for any of the obligations or liabilities of any Person, other than than: (i) the Guarantor’s 's obligations under the Guaranty, this Agreement and the other Loan Documents and Documents; (ii) the guaranty by a Borrower or the Guarantor of the liabilities and obligations of other Borrowers; and (iii) the Borrowers' respective guarantees of the Guarantor's obligations under the Subordinated Note and the Subordinated Note Purchase Agreement.

Guaranties and Other Contingent Liabilities. Neither any No Borrower nor the Guarantor shall become an indemnitor, guarantor or surety or otherwise become liable for any of the obligations or liabilities of any Person, other than (i) the Guarantor’s obligations under the Guaranty, this Agreement and the other Loan Documents and (ii) the guaranty by a Borrower or the Guarantor of the liabilities and obligations of other Borrowers.