Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except: (a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and (b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 hereto.
Appears in 28 contracts
Sources: Credit and Security Agreement (Rf Monolithics Inc /De/), Credit and Security Agreement (Rf Monolithics Inc /De/), Credit and Security Agreement (Winland Electronics Inc)
Guaranties. The Borrower will not assume, guaranteeguaranty, endorse endorse, contingently agree to purchase or otherwise become directly or contingently liable in connection with any obligations upon the obligation of any other Person, except:
(a) except by the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 hereto.
Appears in 21 contracts
Sources: Loan and Security Agreement (1847 Holdings LLC), Loan and Security Agreement (Youngevity International, Inc.), Loan and Security Agreement
Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the The endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guarantiesGuaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 6.4 hereto.
Appears in 20 contracts
Sources: Credit and Security Agreement (CPS Technologies Corp/De/), Credit and Security Agreement (CPS Technologies Corp/De/), Credit and Security Agreement (Christopher & Banks Corp)
Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 6.4 hereto.
Appears in 16 contracts
Sources: Credit and Security Agreement (Corsair Components, Inc.), Credit and Security Agreement (Netlist Inc), Credit and Security Agreement (Pw Eagle Inc)
Guaranties. The Borrower will shall not assume, guaranteeguarantee or endorse, endorse or otherwise become directly or contingently liable in connection with any with, the obligations of any other Person, except:
(a) the except by endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 hereto.
Appears in 10 contracts
Sources: Loan and Security Agreement (Sri Surgical Express Inc), Loan and Security Agreement (Seven Arts Pictures PLC), Debtor in Possession Loan and Security Agreement
Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, Persons in existence on the date hereof and listed in Schedule 7.2 Exhibit C hereto.
Appears in 8 contracts
Sources: Credit and Security Agreement (Lamaur Corp), Credit and Security Agreement (Sportsmans Guide Inc), Credit and Security Agreement (Continental Information Systems Corp)
Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) except the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 hereto.
Appears in 7 contracts
Sources: Loan and Security Agreement (REX AMERICAN RESOURCES Corp), Revolving Credit and Security Agreement (REX AMERICAN RESOURCES Corp), Credit and Security Agreement (Landec Corp \Ca\)
Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule SCHEDULE 7.2 hereto.
Appears in 4 contracts
Sources: Credit and Security Agreement (Naturade Inc), Revolving Credit and Security Agreement (Brauns Fashions Corp), Credit and Security Agreement (Educational Insights Inc)
Guaranties. The Borrower Borrowers will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the The endorsement of negotiable instruments by the Borrower Borrowers for deposit or collection or similar transactions in the ordinary course of business; and
(b) guarantiesGuaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 6.4 hereto.
Appears in 4 contracts
Sources: Credit and Security Agreement (Pacific Cma Inc), Credit and Security Agreement (Misonix Inc), Credit and Security Agreement (Misonix Inc)
Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and;
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 hereto; and
(c) indemnifications arising in the ordinary course of business.
Appears in 4 contracts
Sources: Credit and Security Agreement (Royal Precision Inc), Credit and Security Agreement (Royal Precision Inc), Credit and Security Agreement (Royal Precision Inc)
Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the The endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guarantiesGuaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 6.5 hereto.
Appears in 4 contracts
Sources: Credit and Security Agreement (Hei Inc), Credit and Security Agreement (Hei Inc), Credit and Security Agreement (Waters Instruments Inc)
Guaranties. The Borrower will not assume, guarantee, ---------- endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 hereto.
Appears in 3 contracts
Sources: Credit and Security Agreement (Rf Monolithics Inc /De/), Credit and Security Agreement (Bentley International Inc), Credit and Security Agreement (Rf Monolithics Inc /De/)
Guaranties. The No Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the a Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 hereto.
Appears in 2 contracts
Sources: Credit and Security Agreement (Luminant Worldwide Corp), Credit and Security Agreement (Leather Factory Inc)
Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) : the endorsement indorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 hereto.
Appears in 2 contracts
Sources: Loan Agreement (Wsi Industries, Inc.), Loan Agreement (Wsi Industries Inc)
Guaranties. The Such Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the such Borrower for deposit or collection or similar transactions in the ordinary course of business; and;
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 hereto; and
(c) guaranties of the obligations of one Borrower given by another Borrower.
Appears in 2 contracts
Sources: Credit and Security Agreement (Heska Corp), Credit and Security Agreement (Heska Corp)
Guaranties. The Borrower will is not to assume, guarantee, endorse endorse, contingently agree to purchase or otherwise become directly or contingently liable in connection with any obligations upon the obligation of any other Personperson, except:
firm or entity except (a) by the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
or (b) guaranties, endorsements and other direct or contingent liabilities obligations under letters of credit in connection with the obligations ordinary course of other Persons, in existence on business for the date hereof and listed in Schedule 7.2 heretopurchase of merchandise for resale.
Appears in 2 contracts
Sources: Revolving Loan and Security Agreement (K Tronik International Corp), Revolving Loan and Security Agreement (Integrated Biopharma Inc)
Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 6.4 hereto.
Appears in 2 contracts
Sources: Credit and Security Agreement (Landec Corp \Ca\), Credit and Security Agreement (Landec Corp \Ca\)
Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 6.5 hereto.
Appears in 2 contracts
Sources: Credit Agreement (Landec Corp \Ca\), Ex Im Credit Agreement (Landec Corp \Ca\)
Guaranties. The Borrower Borrowers will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the a Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, Persons in existence on the date hereof and listed in Schedule 7.2 hereto7.3 of the Disclosure Schedule.
Appears in 2 contracts
Sources: Credit and Security Agreement (Synergetics Usa Inc), Credit and Security Agreement (Synergetics Usa Inc)
Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, Persons in existence on the date hereof and listed in Schedule 7.2 hereto.
Appears in 2 contracts
Sources: Credit and Security Agreement (Marquest Medical Products Inc), Credit and Security Agreement (Ultra Pac Inc)
Guaranties. The Borrower will shall not assume, guaranteeguarantee or endorse, endorse or otherwise become directly or contingently liable in connection with any with, the obligations of any other Person, except:
except (ai) the by endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
business or (bii) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations guaranties of other Persons, in existence on the date hereof and listed in Schedule 7.2 heretoindebtedness permitted by subsection 13(b).
Appears in 2 contracts
Sources: Loan and Security Agreement (Apac Customer Service Inc), Loan and Security Agreement (Apac Customer Service Inc)
Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(ai) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(bii) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 9(p) hereto.
Appears in 2 contracts
Sources: Revolving Loan Agreement (Virtual Radiologic CORP), Revolving Loan Agreement (Virtual Radiologic CORP)
Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) : the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranty of the indebtedness of any Affiliate to the Lender; and guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 hereto.
Appears in 2 contracts
Sources: Credit and Security Agreement (Allis Chalmers Corp), Credit and Security Agreement (Allis Chalmers Corp)
Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) except the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 hereto.
Appears in 2 contracts
Sources: Credit Agreement (Landec Corp \Ca\), Credit Agreement (Landec Corp \Ca\)
Guaranties. The No Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the a Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 6.4 hereto.
Appears in 1 contract
Sources: Credit and Security Agreement (Leather Factory Inc)
Guaranties. The Borrower will not assume, guarantee, endorse assume or otherwise agree to become liable in any way, either directly or contingently liable in connection with indirectly, for any obligations additional indebtedness or liability of any other Person, except:
except as follows (collectively, the "Permitted Guaranties"): (a) the endorsement in favor of Lender, or (b) to endorse checks, drafts and negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
, or (bc) guaranties, endorsements and other direct or contingent liabilities to the extent that Lender otherwise consents in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 heretowriting.
Appears in 1 contract
Sources: Credit Facility Agreement (Startec Global Communications Corp)
Guaranties. The Borrower will shall not assume, guaranteeg▇▇▇▇▇▇▇e, endorse endorse, or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) i. the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and;
(b) ii. guaranties, endorsements endorsements, and other direct or contingent liabilities in connection with the obligations of other Persons, Persons in existence on the date hereof as disclosed to and listed in Schedule 7.2 heretoapproved by Lenders; and
iii. guaranties for the Obligations to Lenders.
Appears in 1 contract
Sources: Senior Borrowing Base Revolving Line of Credit Agreement (Fortress Group Inc)
Guaranties. The No Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the The endorsement of negotiable instruments by the such Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guarantiesGuaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 6.4 hereto.
Appears in 1 contract
Guaranties. The Borrower Borrowers will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower Borrowers for deposit or collection or similar transactions in the ordinary course of business; and;
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 hereto;
(c) guaranties relating to liens permitted in accordance with Section 7.1.
Appears in 1 contract
Sources: Credit and Security Agreement (Nu Kote Holding Inc /De/)
Guaranties. The No Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the any Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 hereto.
Appears in 1 contract
Sources: Credit and Security Agreement (Pentastar Communications Inc)
Guaranties. The Borrower will shall not assume, guarantee, endorse endorse, assume or otherwise become directly or contingently liable in connection with any obligations obligation of any other Person, except:
(a) person except by the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct business or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 heretoexcept as expressly contemplated hereby.
Appears in 1 contract
Guaranties. The No Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the any Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 6.4 hereto.
Appears in 1 contract
Sources: Credit and Security Agreement (Ramtron International Corp)
Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; andand 27
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 hereto.
Appears in 1 contract
Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently continently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of wholly-owned subsidiaries in existence from time to time and of other Persons, Persons in existence on the date hereof and listed in Schedule 7.2 Exhibit F hereto.
Appears in 1 contract
Sources: Revolving Credit Loan Agreement (Aci Telecentrics Inc)
Guaranties. The Borrower will not assume, guarantee, ---------- endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 6.4 hereto, and any ------------ refinancings, renewals, replacements, or extensions of the foregoing.
Appears in 1 contract
Sources: Credit and Security Agreement (Primesource Healthcare Inc)
Guaranties. The Borrower will not assume, guarantee, ---------- endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, Persons in existence on the date hereof and listed in Schedule 7.2 Exhibit C hereto.
Appears in 1 contract
Guaranties. The Neither Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the such Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, Persons in existence on the date hereof and listed in Schedule 7.2 heretoExhibit C hereto and the guaranties by each Borrower of the other Borrower's Obligations to the Lender.
Appears in 1 contract
Guaranties. The Borrower will Borrowers shall not assume, guaranteeguarantee or endorse, endorse or otherwise become directly or contingently liable in connection with any with, the obligations of any other Person, except:
except (ai) the as undertaken pursuant to this Agreement or (ii) by endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
business or (biii) guaranties, endorsements and other direct or contingent liabilities for guarantees of “Permitted Indebtedness” (as defined in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 heretosubsection 13(b) below).
Appears in 1 contract
Sources: Loan and Security Agreement (Coast Distribution System Inc)
Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, Persons in existence on the date hereof and listed in Schedule 7.2 Exhibit A hereto.
Appears in 1 contract
Sources: Credit Agreement (Hia Inc)
Guaranties. The Such Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the such Borrower for deposit or collection or similar transactions in the ordinary course of business; and;
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 7.3 hereto; and
(c) guaranties of the obligations of one Borrower given by another Borrower.
Appears in 1 contract
Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and;
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 hereto6.2; and
(c) other guarantees in the ordinary course of business, and consistent with past practice.
Appears in 1 contract
Sources: Credit Agreement (Electromed, Inc.)
Guaranties. The No Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, exceptEXCEPT:
(a) the The endorsement of negotiable instruments by the a Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guarantiesGuaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 SCHEDULE 6.4 hereto.
Appears in 1 contract
Sources: Credit and Security Agreement (Allis Chalmers Corp)
Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently continently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 hereto.
Appears in 1 contract
Sources: Revolving Credit Loan Agreement (Aci Telecentrics Inc)
Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements guaranties of indebtedness of Subsidiaries and other direct or contingent liabilities Affiliates at any time not exceeding $100,000 in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 heretoaggregate.
Appears in 1 contract
Guaranties. The Borrower Debtor will not assume, guarantee, endorse or ---------- otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower Debtor for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 hereto.
Appears in 1 contract
Guaranties. The No Borrower will, and will not permit any Other Company to, assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower a Company for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 hereto.
Appears in 1 contract
Sources: Credit and Security Agreement (Eagle Geophysical Inc)
Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 6.2 hereto.
Appears in 1 contract
Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
28 29 (a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 hereto.
Appears in 1 contract
Sources: Credit and Security Agreement (Crager Industries Inc)
Guaranties. The Borrower Borrowers will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower Borrowers for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 6.4 hereto.
Appears in 1 contract
Sources: Loan and Security Agreement (Vein Associates of America Inc)
Guaranties. The Borrower Borrowers will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower Borrowers for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule SCHEDULE 7.2 hereto.
Appears in 1 contract
Sources: Credit and Security Agreement (Microtel International Inc)
Guaranties. The Neither Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the such Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 hereto.
Appears in 1 contract
Sources: Credit and Security Agreement (Medical Dynamics Inc)
Guaranties. The Borrower will shall not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any for the obligations of any other Person, except:
except (a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
and (b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, Persons in existence on the date hereof of this Agreement and listed in set forth on Schedule 7.2 hereto5.14.
Appears in 1 contract
Sources: Loan and Security Agreement (InterMetro Communications, Inc.)
Guaranties. The Borrower will shall not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any for the obligations of any other Person, except:
: (a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
and (b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, Persons in existence on the date hereof of this Agreement and listed described in Schedule 7.2 hereto.Exhibit F.
Appears in 1 contract
Sources: Credit and Security Agreement (Command Security Corp)
Guaranties. The Borrower will not assume, guarantee, ---------- endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 hereto.. --------------
Appears in 1 contract
Guaranties. The Borrower will shall not assume, guaranteeguarantee or endorse, endorse or otherwise become directly or contingently liable in connection with any with, the obligations of any other Person, except:
(a) the except by endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the except that a Borrower may guaranty obligations of other Persons, in existence on another Borrower hereunder to the date hereof and listed in Schedule 7.2 heretoextent the underlying obligation being guarantied is otherwise permitted hereunder.
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Sources: Loan and Security Agreement (Gibraltar Packaging Group Inc)
Guaranties. The Borrower will not assume, ---------- guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 hereto.
Appears in 1 contract
Sources: Credit and Security Agreement (Act Teleconferencing Inc)
Guaranties. The Borrower None of the Borrowers will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower Borrowers for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 6.2 attached hereto.
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Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) : the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) and guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 hereto.
Appears in 1 contract
Guaranties. The No Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower Borrowers for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 6.4 hereto.
Appears in 1 contract
Sources: Credit and Security Agreement (Smtek International Inc)
Guaranties. The Borrower will not assume, guarantee, endorse guarantee or otherwise become directly or contingently remain secondarily liable in connection with any obligations on the undertaking of any other Person, except:
(a) except for guaranties made in favor of the Bank or endorsement of negotiable instruments by the Borrower drafts for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 hereto.
Appears in 1 contract
Guaranties. The Borrower will shall not assume, guaranteeguarantee or endorse, endorse or otherwise become directly or contingently liable in connection with any with, the obligations of any other Person, except:
(a) the except by endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and
(b) guaranties, endorsements and other direct except for ordinary course indemnity provisions contained in any lease or contingent liabilities loan agreement otherwise permitted under this Agreement, indemnities given in connection with the obligations sale of Inventory or other Persons, in existence on asset dispositions permitted hereunder and guarantees of the date hereof and listed in Schedule 7.2 heretoindebtedness issued pursuant to the Indenture.
Appears in 1 contract
Guaranties. The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:
(a) the endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of the Borrower's business; and
(b) guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 7.2 6.4 hereto.
Appears in 1 contract