IndexOutOfRangeException when activating a component(follow-up question)

This is a follow up question from my previous question about index's. I am receiving an array index out of range exception when I instantiate a prefab. The code successfully gives me the index but I can't seem to activate/interact with the game Objects component. I receive the IndexOutOfRangeException. I don't want the array or list to be limited to a specific count; lets say up to 10 cause I have a Gui button that when I click it. It spawns that prefab I'm trying to interact with.

Here's the Sample Code: using UnityEngine; using System.Collections;

 public class IndexSample : MonoBehaviour {
         //Array list for identifying indexes
         //static ArrayList MovePlayer = new ArrayList();
         GameObject[] PlayersObject;
         int i;
         //End Array list
  
         RaycastHit hit;
         public Light myLight;
         public bool Selected = false;
  
  
  
            // Use this for initialization
         void Start () {
  
  
         }
         // Update is called once per frame
         void Update () {
             Ray ray = camera.ScreenPointToRay(Input.mousePosition);
             //Debug.DrawRay(ray.origin, ray.direction * 100, Color.green);
  
             if(Physics.Raycast(ray, out hit, 100))
              {
             //ARRAY Index implementation
             PlayersObject = GameObject.FindGameObjectsWithTag("Player");
             for(i = 0; i < PlayersObject.Length;i++)
             {
                 if(hit.collider.gameObject == PlayersObject[i].gameObject){
                     print (i);
                 }
             }
             //End
              print ("Here is an object!");
              if (hit.transform.gameObject.tag == ("Ground")){
               //Debug.DrawRay(ray.origin, ray.direction * 100, Color.red);
               print ("Ray has Hit the Ground");
              }
              else if (hit.transform.gameObject.tag == ("Player")){
               Debug.DrawRay(ray.origin, ray.direction * 100, Color.blue);
               if ((Input.GetMouseButtonDown(0))&&(hit.transform.gameObject.tag == "Player")){
                   print("You Clicked the Player!");
                   //GameObject[] light = GameObject.FindGameObjectsWithTag("Player");
                   //myLight = light[i].GetComponent<Light>();
                   myLight = PlayersObject[i].GetComponent<Light>();
                   myLight.enabled = true;
                   Selected = true;             
               }
          else
          {
          }
     }
 }
     }
 }