Common use of Limitation on Guaranties Clause in Contracts

Limitation on Guaranties. Borrower will not assume, guaranty, endorse or be or become secondarily liable for any Debt which is the primary obligation of any other Person.

Appears in 4 contracts

Samples: Credit Agreement (St Lawrence Seaway Corp), Credit Agreement (Carbon Energy Corp), Credit Agreement (Pyr Energy Corp)

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Limitation on Guaranties. No Borrower will not assume, guaranty, endorse or be or become secondarily liable for any Debt which is the primary obligation of any other Person.

Appears in 1 contract

Samples: Credit Agreement (Hawker Energy, Inc.)

Limitation on Guaranties. Borrower will not assume, guaranty, endorse guaranty or be or become secondarily liable for any Debt which is the primary obligation of any other Person.

Appears in 1 contract

Samples: Credit Agreement (Basin Exploration Inc)

Limitation on Guaranties. Borrower will not assume, ------------------------ guaranty, endorse or be or become secondarily liable for any Debt which is the primary obligation of any other Person.

Appears in 1 contract

Samples: Credit Agreement (Pennaco Energy Inc)

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Limitation on Guaranties. Borrower will not assume, guarantyguarantee, endorse or be or become secondarily liable for any Debt which is the primary obligation of any other Person.

Appears in 1 contract

Samples: Credit Agreement (Kodiak Oil & Gas Corp)

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