Common use of Debt and Guarantees Clause in Contracts

Debt and Guarantees. (i) Any incurrence or assumption (or agreement to incur or assume) by Total or any Subsidiary of any indebtedness for borrowed money other than in the ordinary and usual course of business consistent with past practice or (ii) any guarantee, endorsement or other incurrence or assumption of (or agreement to guarantee, endorse, incur or assume) any material liability (whether directly, contingently or otherwise) by Total or any Subsidiary for the obligations of any other Person (other than any Subsidiary of Total), other than in the ordinary and usual course of business consistent with past practice;

Appears in 2 contracts

Sources: Merger Agreement (Harris Interactive Inc), Merger Agreement (Total Research Corp)

Debt and Guarantees. (i) Any incurrence or assumption (or agreement to incur or assume) by Total ▇▇▇▇▇▇ or any Subsidiary of any indebtedness for borrowed money other than in the ordinary and usual course of business consistent with past practice or (ii) any guarantee, endorsement or other incurrence or assumption of (or agreement to guarantee, endorse, incur or assume) any material liability (whether directly, contingently or otherwise) by Total ▇▇▇▇▇▇ or any Subsidiary for the obligations of any other Person (other than any Subsidiary of Total▇▇▇▇▇▇), other than in the ordinary and usual course of business consistent with past practice;

Appears in 1 contract

Sources: Merger Agreement (Harris Interactive Inc)