Extent of Liability; Contribution. (a)Notwithstanding anything herein to the contrary, each Loan Party’s liability under this Section 5.11 shall be limited to the greater of (i) all amounts for which such Loan Party is primarily liable, as described below, and (ii) such Loan Party’s Allocable Amount.
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Samples: Loan, Security and Guaranty Agreement (Transport America, Inc.), Loan, Security and Guaranty Agreement (Transport America, Inc.)
Extent of Liability; Contribution. (a)Notwithstanding a) Notwithstanding anything herein to the contrary, each Loan Party’s 's liability under this Section 5.11 11 shall be limited to the greater of (iA) all amounts for which such Loan Party is primarily liable, as described below, below and (iiB) such Loan Party’s 's Allocable Amount.
Appears in 1 contract
Samples: Credit Agreement (Freds Inc)
Extent of Liability; Contribution. (a)Notwithstanding a) Notwithstanding anything herein to the contrary, each Loan Party’s liability under this Section 5.11 5.10 shall be limited to not exceed the greater of (i) all amounts for which such Loan Party is primarily liable, as described in clause (c) below, and (ii) such Loan Party’s Allocable Amount.
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Extent of Liability; Contribution. (a)Notwithstanding a) Notwithstanding anything herein to the contrary, each Loan Party’s liability under this Section 5.11 shall be limited to the greater of (i) all amounts for which such Loan Party is primarily liable, as described below, and (ii) such Loan Party’s Allocable Amount.
Appears in 1 contract
Extent of Liability; Contribution. (a)Notwithstanding a) Notwithstanding anything herein to the contrary, each Loan Party’s liability under this Section 5.11 5.9 shall be limited to the greater of (i) all amounts for which such Loan Party is primarily liable, as described below, and (ii) such Loan Party’s Allocable Amount.
Appears in 1 contract
Samples: Loan and Security Agreement (Craftmade International Inc)
