Common use of Guaranteed Indebtedness Clause in Contracts

Guaranteed Indebtedness. Borrower shall not create, incur, assume or permit to exist any Guaranteed Indebtedness except by endorsement of instruments or items of payment for deposit to the general account of Borrower.

Guaranteed Indebtedness. Borrower shall not create, incur, assume or (nor permit to exist any of its Subsidiaries to) incur any Guaranteed Indebtedness except except: (a) by endorsement of instruments or items of payment for deposit to the general account of Borrower.Borrower or such Subsidiary; (b)

Guaranteed Indebtedness. Borrower shall not, and shall not permit any of its Subsidiaries to create, incur, assume or permit to exist any Guaranteed Indebtedness except by endorsement of instruments or items of payment for deposit to the general account of Borrowersuch Person.

Guaranteed Indebtedness. Borrower shall not create, incur, assume or permit to exist any Guaranteed Indebtedness except (i) by endorsement of instruments or items of payment for deposit to the general account of Borrower, and (ii) for Guaranteed Indebtedness incurred for the benefit of Borrower, if the primary obligation is permitted by this Agreement.

Guaranteed Indebtedness. Borrower shall not createnot, incurnor shall Borrower permit any of its Subsidiaries to, assume or permit to exist incur any Guaranteed Indebtedness except by endorsement of instruments or items of payment for deposit to the general account of Borrower, and for Guaranteed Indebtedness incurred for the benefit of Borrower or such Subsidiary if the primary obligation is expressly permitted by this Agreement.

Guaranteed Indebtedness. Borrower shall not create, incur, assume or permit to exist any Guaranteed Indebtedness except by endorsement of instruments or items of payment for deposit to the general account of Borroweraccount.