Common use of French Guarantee Limitations Clause in Contracts

French Guarantee Limitations. (a) The obligations and liabilities of any French Guarantor under the Loan Documents and in particular under the Guaranty referred to in this Agreement shall not extend to include any obligations or liabilities which if incurred would constitute a breach of the financial assistance prohibitions within the meaning of article L. 225-216 of the French Code de commerce and/or would constitute a misuse of corporate assets within the meaning of article L. 241-3, L. 242-6 or L. 244-1 of the French Code de commerce or any other law or regulations having the same effect, as interpreted by French courts.

French Guarantee Limitations. (ai) The obligations and liabilities of any Guarantor incorporated under the laws of France (hereafter, a “French Guarantor Guarantor”) under the Loan Documents and in particular under the Guaranty referred to in this Agreement Agreement, shall not extend to include any obligations or liabilities which if incurred would constitute a breach of the financial assistance prohibitions within the meaning of article L. 225-216 of the French Code de commerce and/or would constitute a misuse of corporate assets within the meaning of article L. 241-3, L. 242-6 or L. 244-1 of the French Code de commerce or any other law or regulations having the same effect, as interpreted by French courts.

French Guarantee Limitations. (a) The obligations and liabilities of any French Guarantor (including, for the avoidance of doubt, a French Borrower) under the Loan Documents and in particular under the Guaranty referred to in this Agreement Article X shall not extend to include any obligations obligation or liabilities which liability which, if incurred incurred, would constitute a breach the provision of the financial assistance prohibitions within the meaning of article Article L. 225-216 of the French Commercial Code de commerce and/or would constitute a misuse of corporate assets within the meaning of article Article L. 241-3, 3 or L. 242-6 or L. 244-1 of the French Commercial Code de commerce or any other law or regulations regulation having the same effect, as interpreted by French courts.

French Guarantee Limitations. (a) The obligations and liabilities of any French Guarantor under the Loan Finance Documents and in particular under the Guaranty referred to in this Agreement Clause 22 shall not extend to include any obligations obligation or liabilities liability which if incurred would constitute a breach the provisions of the financial assistance prohibitions within the meaning of article L. 225Article L.225-216 of the French Commercial Code (Code de commerce and/or commerce) or/and would constitute a misuse of corporate assets within the meaning of article L. 241Article L.241-3, L. 2423 or L.242-6 or L. 244-1 of the French Commercial Code (Code de commerce or any other law or regulations having the same effect, as interpreted by French courtscommerce).