No Guarantor Sample Clauses

The "No Guarantor" clause establishes that no third party is guaranteeing the obligations or performance of either party under the agreement. In practice, this means that only the parties who have signed the contract are responsible for fulfilling its terms, and no external entity or individual is liable if one party defaults. This clause clarifies the scope of responsibility and prevents any assumptions that a parent company, affiliate, or other third party will step in to cover obligations, thereby reducing confusion and limiting liability strictly to the contracting parties.
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No Guarantor. Landlord acknowledges that The Column Group, LLC is not a guarantor of the Lease and has no further liability thereunder.
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No Guarantor. Except as set forth on Schedule 2.18, the Company is not a surety or a guarantor of any Indebtedness of Seller or any of its Affiliates.
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No Guarantor. At Closing the Company shall not be a guarantor of any obligations under any Mega loan agreement or any other agreement as to which Mega is a party.
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Related to No Guarantor

  • No Guarantee Each Party shall carry out the tasks assigned to it in this Project and this Agreement with care and diligence. Nevertheless, no guarantee is given that any expected Results will be achieved, or that Results are fit for any particular purpose, or that Results generated in the Project do not infringe rights of third parties, or that patent applications result in granted patents. Parties shall not create or develop any technology for the Project that knowingly infringes any third party intellectual property rights. For the avoidance of doubt, neither Parties’ obligations in this respect comprise conducting patent searches.

  • No Guaranty Nothing set forth in this Section 4.02 constitutes a guarantee by Company that the Aircraft at any time will have any particular value, useful life or residual value.

  • No Guaranties The Lessee shall not assume, guarantee, endorse, contingently agree to purchase or otherwise become directly or contingently liable (including, without limitation, liable by way of agreement, contingent or otherwise, to purchase, to provide funds for payment, to supply funds to or otherwise to invest in any debtor or otherwise to assure any creditor against loss) in connection with any Indebtedness of any other Person, except by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.

  • No Guarantees The District will make good faith efforts to protect children from improper or harmful matter which may be on the Internet. At the same time, in signing this agreement, the parent and Student recognize that the District makes no guarantees about preventing improper access to such materials on the part of the Student.

  • No Guarantee of Interests The Board and the Company do not guarantee the Stock of the Company from loss or depreciation.