Common use of Options and guarantees Clause in Contracts

Options and guarantees. The Company is not responsible for the indebtedness of any other person nor party to any option or pre-emption right or any guarantee, suretyship or any other obligation (whatever called) to pay, purchase or provide funds for the payment of, or as an indemnity against the consequence of default in the payment of, any indebtedness of any other person; and no person has given any guarantee of or security for any overdraft, loan or loan facility granted to the Company.

Appears in 1 contract

Sources: Sale and Purchase Agreement (Esterline Technologies Corp)

Options and guarantees. 7.7.1 The Company is not responsible for the indebtedness of any other person nor party to any option or pre-emption right or any guarantee, suretyship or any other obligation (whatever called) to pay, purchase or provide funds for the payment of, or as an indemnity against the consequence of default in the payment of, any indebtedness of any other person; and no . 7.7.2 No person other than the Company or a Subsidiary has given any guarantee of or security for any overdraft, loan or loan facility granted to the CompanyCompany or any Subsidiary.

Appears in 1 contract

Sources: Agreement for the Sale and Purchase of Shares (Argonaut Technologies Inc)

Options and guarantees. The Company is not responsible for the indebtedness of any other person nor party to any option or pre-emption right or any guarantee, suretyship or any other obligation (whatever called) to pay, purchase or provide funds (whether by the advance of money, the purchase of or subscription for shares or other securities or the purchase of assets or services or otherwise) for the payment of, or as an indemnity against the consequence of default in the payment of, any indebtedness of any other person; and no person has given any guarantee of or security for any overdraft, loan or loan facility granted to the Company.

Appears in 1 contract

Sources: Share Purchase Agreement (A21 Inc)