Common use of Not a Guarantee Clause in Contracts

Not a Guarantee. This agreement is not, and nothing herein contained and nothing done pursuant hereto by the Parent shall be deemed to constitute a guarantee, direct or indirect, by the Parent of any Debt or other obligation arising out of a swap or other transaction, indebtedness or liability, of any kind or character whatsoever, of the Subsidiary. The Subsidiary has undertaken that, whenever it incurs any Debt, it will in advance in the documentation for the borrowing directed to securities holders or other lenders properly refer to this agreement and in particular include information substantially in accordance with Schedule I hereto.

Not a Guarantee. This agreement Agreement is not, and nothing herein contained and nothing done pursuant hereto by the Parent shall be deemed to constitute a guarantee, direct or indirect, by the Parent of any Debt or other obligation arising out of a swap or other transaction, indebtedness or and liability, of any kind or character whatsoever, of the Subsidiary. The Subsidiary has undertaken that, whenever it incurs any Debt, it will in advance in the documentation for the borrowing directed to securities note holders or other lenders properly refer to this agreement and in particular include information substantially in accordance with Schedule I hereto.