Common use of Contribution from Other Guarantors Clause in Contracts

Contribution from Other Guarantors. The Additional Guarantor that makes a payment or distribution under its Guarantee shall be entitled to seek contribution from each other non-paying Guarantor in a pro rata amount based on the net assets of each Guarantor, determined in accordance with generally accepted accounting principles in effect in the United States of America as of the date hereof so long as the exercise of such right does not impair the rights of the Holders under the Guarantee.

Appears in 2 contracts

Samples: Fifth Supplemental Indenture (Express Scripts Holding Co.), Fourth Supplemental Indenture (Express Scripts Holding Co.)

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Contribution from Other Guarantors. The Additional Each Guarantor that makes a payment or distribution under its Guarantee shall be entitled to seek contribution from each other non-paying Guarantor in a pro rata amount based on the net assets of each Guarantor, determined in accordance with generally accepted accounting principles in effect in the United States of America as of the date hereof so long as the exercise of such right does not impair the rights of the Holders under the Guarantee.

Appears in 2 contracts

Samples: First Supplemental Indenture (Express Scripts Holding Co.), Express Scripts Inc

Contribution from Other Guarantors. The Additional Each Guarantor that makes a payment or distribution under its Guarantee shall be entitled to seek contribution from each other non-paying Guarantor Guarantor, if any, in a pro rata amount based on the net assets of each Guarantor, determined in accordance with generally accepted accounting principles in effect in the United States of America as of the date hereof so long as the exercise of such right does not impair the rights of the Holders under the Guarantee.

Appears in 2 contracts

Samples: Reconciliation And (Hunt J B Transport Services Inc), J.B. Hunt Transport, Inc.

Contribution from Other Guarantors. The Additional Each Guarantor that makes a payment or distribution under its Guarantee shall be entitled to seek contribution from each other non-paying Guarantor in a pro rata amount based on the net assets of each Guarantor, determined in accordance with generally accepted accounting principles in effect in the United States of America as of the date hereof GAAP so long as the exercise of such right does not impair the rights of the Holders under the Guarantee.

Appears in 1 contract

Samples: Supplemental Indenture (Dupont E I De Nemours & Co)

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Contribution from Other Guarantors. The Each Additional Guarantor that makes a payment or distribution under its Guarantee shall be entitled to seek contribution from each other non-paying Guarantor in a pro rata amount based on the net assets of each Guarantor, determined in accordance with generally accepted accounting principles in effect in the United States of America as of the date hereof so long as the exercise of such right does not impair the rights of the Holders under the Guarantee.

Appears in 1 contract

Samples: Third Supplemental Indenture (Express Scripts Holding Co.)

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