Common use of Options and guarantees Clause in Contracts

Options and guarantees. The Company is not a party to any option or pre-emption right or a party to any guarantee or 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 the purchase of assets or services or otherwise) for the payment of indemnity against the consequence or default in the payment of or otherwise to be responsible for any indebtedness of any other person.