Common use of guaranties by Borrower Clause in Contracts

guaranties by Borrower. of Indebtedness of a Subsidiary of Borrower or guaranties by a Subsidiary of Borrower of Indebtedness of Borrower or any other such Subsidiary, in each case with respect to Indebtedness otherwise permitted to be incurred pursuant to this Section 6.1; provided that (i) if the Indebtedness that is being guarantied is unsecured and/or subordinated to the Obligations, the guaranty thereof shall be unsecured and/or subordinated to the Obligations to the same extent and (ii) in respect of any guaranty by a Credit Party of Indebtedness of a Subsidiary that is not a Credit Party, such guaranty is permitted as an Investment under Section 6.6(d);

guaranties by Borrower. of Indebtedness of a Subsidiary of Borrower or guaranties by a Subsidiary of Borrower of Indebtedness of Borrower or any other such Subsidiaryanother Subsidiary with respect, in each case with respect case, to Indebtedness otherwise permitted to be incurred pursuant to this Section 6.1; provided provided, that (i) if the Indebtedness that is being guarantied is unsecured and/or subordinated to the Obligations, the guaranty thereof shall also be unsecured and/or subordinated to the Obligations to the same extent and (ii) in respect of guaranties by any guaranty by a Credit Party of Indebtedness of a any Subsidiary that is not a Credit Party, such guaranty is permitted as an Investment under Party shall be subject to Section 6.6(d6.6(m);

guaranties by Borrower. of Indebtedness of a Subsidiary of Borrower or guaranties by a Subsidiary of Borrower of Indebtedness of Borrower or any other such Subsidiary, in each case with respect to Indebtedness otherwise permitted to be incurred pursuant to this Section 6.1; provided that (i) if the Indebtedness that is being guarantied is unsecured and/or subordinated to the Obligations, the guaranty thereof shall be unsecured and/or subordinated to the Obligations to the same extent and (ii) in respect of any guaranty by a Credit Party of Indebtedness of a Subsidiary Sub- sidiary that is not a Credit Party, such guaranty is permitted as an Investment under Section 6.6(d);