Common use of Excluded Swap Obligations Limitation Clause in Contracts

Excluded Swap Obligations Limitation. Notwithstanding anything in this Guaranty to the contrary, no Guarantor shall be required to make any payment pursuant to this Guaranty to any party, and the right of set-off provided in Section 4.08 shall not apply with respect to any Guarantor, in each case, with respect to Excluded Swap Obligations, if any, of such Guarantor.

Appears in 4 contracts

Samples: Credit Agreement (Yum Brands Inc), Guaranty (Restaurant Brands International Limited Partnership), Guaranty (Burger King Worldwide, Inc.)

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Excluded Swap Obligations Limitation. Notwithstanding anything in this Guaranty Agreement to the contrary, no Guarantor shall be required to make any payment pursuant to this Guaranty Agreement to any party, and the right of set-off provided in Section 4.08 shall not apply with respect to any Guarantor, in each case, with respect to Excluded Swap Obligations, if any, of such Guarantor.

Appears in 3 contracts

Samples: Security Agreement (MARRIOTT VACATIONS WORLDWIDE Corp), Credit Agreement (Wyndham Destinations, Inc.), Credit Agreement (Wyndham Destinations, Inc.)

Excluded Swap Obligations Limitation. Notwithstanding anything in this Guaranty to the contrary, no Guarantor shall be required to make any payment pursuant to this Guaranty to any party, and the right of set-off provided in Section 4.08 shall not apply with respect to any Guarantor, in each case, with respect to Excluded Swap Obligations, if any, of such Guarantor.”

Appears in 1 contract

Samples: Credit Agreement (Acelity L.P. Inc.)

Excluded Swap Obligations Limitation. Notwithstanding anything in this Guaranty the Credit Agreement to the contrary, no Guarantor shall be required to make any payment pursuant to this Guaranty to any party, and the right of set-off provided in Section 4.08 10.09 of the Credit Agreement and Section 12 hereof shall not apply with respect to any Guarantor, in each case, with respect to Excluded Swap Obligations, if any, of such Guarantor.

Appears in 1 contract

Samples: Credit Agreement (Quintiles Transnational Holdings Inc.)

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Excluded Swap Obligations Limitation. Notwithstanding anything in this Guaranty Article II to the contrary, no Guarantor shall be required to make any payment pursuant to this Guaranty to any party, and the right of set-off provided in Section 4.08 10.08 of the Credit Agreement shall not apply with respect to any Guarantor, in each case, with respect to Excluded Swap Obligations, if any, of such Guarantor.”

Appears in 1 contract

Samples: Credit Agreement (Polymer Group Inc)

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