Common use of Surety Obligations Clause in Contracts

Surety Obligations. Neither Borrower nor any of its Subsidiaries is obligated as surety or indemnitor under any surety or similar bond or other contract issued or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any Person.

Appears in 13 contracts

Samples: Loan and Security Agreement (Houston Wire & Cable CO), Loan and Security Agreement (Zoom Telephonics Inc), Loan and Security Agreement (Miltope Group Inc)

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Surety Obligations. Neither Borrower Borrowers nor any of its their Subsidiaries is are obligated as surety or indemnitor under any surety or similar bond or other contract issued that assures payment or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any Person, except as permitted hereunder.

Appears in 10 contracts

Samples: Financing Agreement (Select Interior Concepts, Inc.), Financing Agreement (Select Interior Concepts, Inc.), Financing Agreement (Select Interior Concepts, Inc.)

Surety Obligations. Neither Borrower nor any of its Subsidiaries is obligated as surety or indemnitor under any surety or similar bond or other contract contract, or has issued or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any Person.

Appears in 6 contracts

Samples: Loan and Security Agreement (Allied Healthcare Products Inc), Loan and Security Agreement (Media Sciences International Inc), Loan and Security Agreement (Joule Inc)

Surety Obligations. Neither As of the date hereof, no Borrower nor any of its Subsidiaries is obligated as surety or indemnitor under any surety surety, performance or similar bond or other contract issued or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any Person.

Appears in 3 contracts

Samples: Post Petition Loan and Security Agreement (Insight Health Services Holdings Corp), Loan and Security Agreement (Insight Health Services Holdings Corp), Loan and Security Agreement (IMI of Arlington, Inc.)

Surety Obligations. Neither Borrower nor any Subsidiary of its Subsidiaries Borrower is obligated as surety or indemnitor under any surety or similar bond or other contract issued or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any Person.

Appears in 3 contracts

Samples: Loan and Security Agreement (Executone Information Systems Inc), Loan and Security Agreement (Nations Flooring Inc), Loan and Security Agreement (Nations Flooring Inc)

Surety Obligations. Neither Borrower Borrowers nor any of its their Subsidiaries is are obligated as surety or indemnitor under any surety or similar bond or other contract nor has Borrowers or any of their Subsidiaries issued or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any other Person.

Appears in 2 contracts

Samples: Loan and Security Agreement (Eagle Supply Group Inc), And Consolidated Loan and Security Agreement (Eagle Supply Group Inc)

Surety Obligations. Neither No Borrower nor any and none of its their respective Subsidiaries is obligated as surety or indemnitor under any surety or similar bond or other contract issued or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any Person.

Appears in 2 contracts

Samples: Loan and Security Agreement (Integra Lifesciences Corp), Loan and Security Agreement (Vista 2000 Inc)

Surety Obligations. Neither Borrower nor any of its Subsidiaries is obligated as surety or indemnitor under any surety or similar bond or other contract nor has Borrower or any of its Subsidiaries issued or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any other Person.

Appears in 2 contracts

Samples: Loan and Security Agreement (Eagle Supply Group Inc), Loan and Security Agreement (Eagle Supply Group Inc)

Surety Obligations. Neither Borrower nor any of its Subsidiaries is obligated as surety or indemnitor under any surety or similar bond or other contract issued that assures payment or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any Person, except as permitted hereunder.

Appears in 2 contracts

Samples: Loan and Security Agreement (Select Interior Concepts, Inc.), Loan and Security Agreement (Select Interior Concepts, Inc.)

Surety Obligations. Neither any Borrower nor any of its Subsidiaries is obligated as surety or indemnitor under any surety or similar bond or other contract issued or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any Person.

Appears in 2 contracts

Samples: Loan and Security Agreement (Advanced Technical Products Inc), Loan and Security Agreement (Advanced Technical Products Inc)

Surety Obligations. Neither No Borrower nor any of its Subsidiaries is obligated as surety or indemnitor under any surety or similar bond or other contract contract, or has issued or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any Person.

Appears in 2 contracts

Samples: Loan Agreement (United Natural Foods Inc), Loan and Security Agreement (Measurement Specialties Inc)

Surety Obligations. Neither Borrower nor any of its Subsidiaries is obligated as surety or indemnitor under any surety or similar bond or other contract issued that assures payment or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any Person, except as permitted hereunder.

Appears in 1 contract

Samples: Loan and Security Agreement (Nortech Systems Inc)

Surety Obligations. Neither No Borrower nor any of its Subsidiaries ------------------ is obligated as surety or indemnitor under any surety or similar bond or other contract issued or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any Person.

Appears in 1 contract

Samples: Loan and Security Agreement (D & K Healthcare Resources Inc)

Surety Obligations. Neither Borrower nor any of its ------------------ Subsidiaries is obligated as surety or indemnitor under any surety or similar bond or other contract issued or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any PersonPerson except in connection with the GECC Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Master Graphics Inc)

Surety Obligations. Neither Borrower nor any of its ------------------ Subsidiaries is is, as of the Closing Date, obligated as surety or indemnitor under any surety or similar bond or other contract or has issued or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Restoration Hardware Inc)

Surety Obligations. Neither Borrower nor any of its Subsidiaries is obligated as surety or indemnitor under any surety or similar bond or other contract issued or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Color Spot Nurseries Inc)

Surety Obligations. Neither Borrower nor any of its ------------------- Subsidiaries is obligated as surety or indemnitor under any surety or similar bond or other contract issued or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Seranova Inc)

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Surety Obligations. Neither Borrower BorrowerParent nor any of its Subsidiaries is obligated as surety or indemnitor under any surety or similar bond or other contract issued that assures payment or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any Person, except as permitted hereunder.

Appears in 1 contract

Samples: Loan and Security Agreement (Select Interior Concepts, Inc.)

Surety Obligations. Neither Borrower nor any of its Subsidiaries is obligated as surety or indemnitor under any surety or similar bond or other contract issued or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any Person., except for existing surety obligations aggregating less than $25,000 described in Exhibit Q.

Appears in 1 contract

Samples: Loan and Security Agreement (Union Drilling Inc)

Surety Obligations. Neither Except as set forth on EXHIBIT S, neither Borrower nor any of its Subsidiaries is obligated as surety or indemnitor under any surety or similar bond or other contract issued or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any PersonPerson other than Borrower or any Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Drypers Corp)

Surety Obligations. Neither No Borrower nor any of its their Subsidiaries is obligated as surety or indemnitor under any surety or similar bond or other contract issued or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Tmci Electronics Inc)

Surety Obligations. Neither No Borrower nor any of its Subsidiaries is obligated as a surety or indemnitor under any surety or similar bond or other contract issued or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any PersonPerson with respect to which the performance thereunder would reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Construction Partners, Inc.)

Surety Obligations. Neither No Borrower nor any of its Subsidiaries is obligated as surety or indemnitor under any surety or similar bond or other contract contract, or has issued or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any PersonPerson other than as set forth on Exhibit G hereto.

Appears in 1 contract

Samples: Loan and Security Agreement (United Natural Foods Inc)

Surety Obligations. Neither Borrower nor any of its ------------------ Subsidiaries is obligated as surety or indemnitor under any surety or similar bond or other contract issued or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Moore Medical Corp)

Surety Obligations. Neither Other than with respect to the guarantee of obligations under the Senior Subordinated Note Documents, neither Borrower nor any of its Subsidiaries is obligated as surety or indemnitor under any surety or similar bond or other contract contract, or has issued or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Home Products International Inc)

Surety Obligations. Neither Borrower nor any of its Subsidiaries is obligated as surety or indemnitor under any surety or similar bond or other contract issued or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any Person, except for such obligations which may be required for the construction of a New Mill, the installation of the Equipment the purchase of which was financed with the Pollution Control Bonds, or improvements or additions to Borrower's real Property or Equipment financed with the TIF Financing.

Appears in 1 contract

Samples: Loan and Security Agreement (Northwestern Steel & Wire Co)

Surety Obligations. Neither Borrower nor any of its Subsidiaries is obligated as surety or indemnitor under any surety or similar bond or other contract issued or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any Person, other than indemnity and surety agreements issued in support of commodity processing contracts which are executed by Borrower in the normal course of its business.

Appears in 1 contract

Samples: Loan and Security Agreement (Fresh Foods Inc)

Surety Obligations. Neither No Borrower nor any of its Subsidiaries is obligated as surety or indemnitor under any surety or similar bond or other contract issued or entered into any agreement to assure payment, performance or completion of performance of any undertaking or obligation of any Person, excluding obligations entered into in the Ordinary Course of Business and excluding all leases.

Appears in 1 contract

Samples: Loan and Security Agreement (Standard Register Co)

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