Contribution from Other Guarantors. Each Guarantor that makes a payment or distribution under its Note Guarantee shall be entitled to a contribution from each other Guarantor in a pro rata amount based on the net assets of each Guarantor, determined in accordance with GAAP.
Appears in 9 contracts
Samples: Indenture (Saks Inc), Indenture (Saks Inc), Indenture (Saks Inc)
Contribution from Other Guarantors. Each Guarantor that makes a payment or distribution under its Note Guarantee shall be entitled to a contribution from each other Guarantor in a pro rata amount based on the net assets of each Guarantor, determined in accordance with GAAP.
Appears in 5 contracts
Samples: Indenture (Saks Inc), Indenture (Saks Inc), Yellow Roadway Technologies Inc
Contribution from Other Guarantors. Each Guarantor that makes a payment or distribution under its Note Guarantee shall be entitled to a contribution from each other Guarantor in a pro rata amount based on the net assets of each Guarantor, determined in accordance with GAAP, so long as the exercise of such right does not impair the rights of Holders of Notes under any Guarantee.
Appears in 2 contracts
Samples: Indenture (Westinghouse Air Brake Technologies Corp), Pentacon Industrial Group Inc
Contribution from Other Guarantors. Each Guarantor that makes a payment or distribution under its Note Subsidiary Guarantee shall be entitled to a contribution from each other Guarantor in a pro rata amount based on the net assets of each Guarantor, determined in accordance with GAAP, so long as the exercise of such right does not impair the rights of Holders of Notes under any Subsidiary Guarantee.
Appears in 2 contracts
Samples: Trinity Industries Inc, Trinity Marine Products, Inc.
Contribution from Other Guarantors. Each Guarantor that makes a payment or distribution under its Note Guarantee shall be entitled to a contribution from each other Guarantor in a pro rata amount based on the net assets of each Guarantor, determined in accordance with GAAP., so long as the exercise of such right does not impair the rights of Holders of Securities under any Guarantee. ARTICLE Thirteen
Appears in 1 contract
Samples: Bki Asset Management Corp
Contribution from Other Guarantors. Each Guarantor that ---------------------------------- makes a payment or distribution under its Note Security Guarantee shall be entitled to a contribution from each other Guarantor in a pro rata amount based on the net assets of each Guarantor, determined in accordance with GAAP.
Appears in 1 contract
Samples: MTL Inc
Contribution from Other Guarantors. Each Guarantor that makes a payment or distribution under its Note Security Guarantee shall be entitled to a contribution from each other Guarantor in a pro rata amount based on the net assets of each Guarantor, determined in accordance with GAAP.
Appears in 1 contract
