Common use of Indebtedness of Other Persons Clause in Contracts

Indebtedness of Other Persons. Neither the Company nor any Subsidiary has assumed, guaranteed, endorsed or otherwise become directly or contingently liable on or for any indebtedness of any other Person, except guarantees by endorsement of negotiable instruments For deposit or collection or similar transactions in the ordinary course of business.

Appears in 3 contracts

Samples: Redemption Agreement (Lets Talk Cellular & Wireless Inc), Redemption Agreement (Lets Talk Cellular & Wireless Inc), Preferred Stock Purchase Agreement (Lets Talk Cellular & Wireless Inc)

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Indebtedness of Other Persons. Neither Except as set forth on Schedule 2.24, neither the Company nor any Subsidiary has assumed, guaranteed, endorsed or otherwise become directly or contingently liable on or for any indebtedness of any other Person, except guarantees by endorsement of negotiable instruments For for deposit or collection or similar transactions in the ordinary course of business.

Appears in 1 contract

Samples: Subordinated Debenture Purchase Agreement (American Dental Partners Inc)

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Indebtedness of Other Persons. Neither the Company nor any Subsidiary has assumed, guaranteed, endorsed endorsed, or otherwise become directly or contingently liable on or for any indebtedness of any other Personperson (including, without limitation, liability by way of agreement, contingent or otherwise, to purchase, to provide funds for payment, to supply funds to or otherwise invest in the debtor, or otherwise to assure the creditor against loss), except guarantees for guaranties by endorsement of negotiable instruments For for deposit or collection or similar transactions in the ordinary course of business.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Finet Com Inc)

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