Common use of Indebtedness of Others Clause in Contracts

Indebtedness of Others. Guarantee or become directly or contingently liable for the Indebtedness of any Person, except by endorsement of instruments for deposit and except for the existing guarantees made by Borrower prior to the date hereof, if any, which are set forth in the Schedule;

Appears in 10 contracts

Samples: Loan and Security Agreement (Nstor Technologies Inc), Loan and Security Agreement (Organic Food Products Inc), Loan and Security Agreement (Automotive One Parts Stores Inc)

AutoNDA by SimpleDocs

Indebtedness of Others. Guarantee or become Become directly or contingently liable for the Indebtedness of any PersonPerson (other than for any Indebtedness of another Borrower that is permitted to be outstanding under Section 6.2.11 below), except by endorsement of instruments for deposit deposit; and except for the existing guarantees made by Borrower or any Subsidiary of Borrower prior to the date hereof, if any, which are set forth in the Schedule;.

Appears in 2 contracts

Samples: Loan and Security Agreement (Emtec Inc/Nj), Loan Agreement (Emtec Inc/Nj)

Indebtedness of Others. Guarantee or become Become directly or contingently liable for the Indebtedness of any Person, except by endorsement of instruments for deposit deposit; and except for the existing guarantees made by Borrower prior to the date hereof, if any, which are set forth in the Schedule;

Appears in 2 contracts

Samples: Loan and Security Agreement (Micros to Mainframes Inc), Loan and Security Agreement (I Sector Corp)

Indebtedness of Others. Guarantee or become directly or contingently continently liable for the Indebtedness of any Person, except by endorsement of instruments for deposit and except for the existing guarantees made by Borrower it prior to the date hereof, if any, which are set forth in the Schedule;

Appears in 2 contracts

Samples: Loan and Security Agreement (Digital Solutions Inc), Loan and Security Agreement (Digital Solutions Inc)

Indebtedness of Others. Guarantee or become directly or contingently liable for the Indebtedness of any Person, on a Consolidated basis, except by endorsement of instruments for deposit and except for the existing guarantees made by Borrower prior to the date hereof, hereof if any, which are set forth described in Exhibit E to the Schedule;

Appears in 2 contracts

Samples: Loan and Security Agreement (Usa Detergents Inc), Loan and Security Agreement (Usa Detergents Inc)

Indebtedness of Others. Guarantee or become Become directly or contingently liable for the Indebtedness of any Person, except by endorsement of instruments for deposit deposit; and except for the any existing guarantees made by Borrower the Company prior to the date hereof, if any, which are set forth in the Schedule;.

Appears in 1 contract

Samples: Purchase Agreement (MTM Technologies, Inc.)

AutoNDA by SimpleDocs

Indebtedness of Others. Guarantee or become directly or ---------------------- contingently liable for the Indebtedness of any Person, except by endorsement of instruments for deposit and except for the existing guarantees made by Borrower prior to the date hereof, if any, which are set forth in the Schedule;

Appears in 1 contract

Samples: Finova Loan and Security Agreement (Utilx Corp)

Indebtedness of Others. Guarantee or become directly or contingently conditionally liable for the Indebtedness of any Person, except by endorsement of instruments for deposit and except for the existing guarantees made by Borrower prior to the date hereof, if any, which are set forth in the Schedule;

Appears in 1 contract

Samples: Loan and Security Agreement (Jacobs Jay Inc)

Indebtedness of Others. Guarantee or become directly or contingently liable for the Indebtedness of any Person, except by endorsement of instruments for deposit and except for the existing guarantees made by Borrower prior to the date hereof, if any, which are set forth in the ScheduleSchedule and the Guaranties in favor of FINOVA;

Appears in 1 contract

Samples: Loan and Security Agreement (Javelin Systems Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.