Common use of Irish Obligors Clause in Contracts

Irish Obligors. Each holder of Notes agrees that the liability of each Irish Obligor under this Section 23 does not apply or extend to any liability to the extent that it would result in this Subsidiary Guarantee Agreement constituting unlawful financial assistance within the meaning of Section 60 (as amended) of the Companies Xxx 0000 of Ireland.

Appears in 3 contracts

Samples: Note Purchase Agreement (UTi WORLDWIDE INC), Note Purchase Agreement (UTi WORLDWIDE INC), Note Purchase Agreement (UTi WORLDWIDE INC)

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Irish Obligors. Each holder of Notes The Issuing Bank agrees that the liability of each Irish Obligor under this Section 23 does not apply or extend to any liability to the extent that it would result in this Subsidiary Guarantee Agreement constituting unlawful financial assistance within the meaning of Section 60 (as amended) of the Companies Xxx 0000 of Ireland.

Appears in 2 contracts

Samples: Letter of Credit Agreement (UTi WORLDWIDE INC), Letter of Credit Agreement (UTi WORLDWIDE INC)

Irish Obligors. Each holder of Notes The Lender agrees that the liability of each Irish Obligor under this Section 23 does not apply or extend to any liability to the extent that it would result in this Subsidiary Guarantee Agreement constituting unlawful financial assistance within the meaning of Section 60 (as amended) of the Companies Xxx 0000 of Ireland.

Appears in 1 contract

Samples: Letter of Credit and Cash Draw Agreement (UTi WORLDWIDE INC)

Irish Obligors. Each holder of Notes The Issuing Bank agrees that the liability of each Irish Obligor under this Section 23 does not apply or extend to any liability to the extent that it would result in this Subsidiary Guarantee Agreement constituting unlawful financial assistance within the meaning of Section 60 (as amended) of the Companies Xxx 0000 of Ireland.. Section 23.35

Appears in 1 contract

Samples: Letter of Credit Agreement

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Irish Obligors. Each holder of Notes Issuing Bank agrees that the liability of each Irish Obligor under this Section 23 does not apply or extend to any liability to the extent that it would result in this Subsidiary Guarantee Agreement constituting unlawful financial assistance within the meaning of Section 60 (as amended) of the Companies Xxx 0000 of Ireland.

Appears in 1 contract

Samples: Letter of Credit Agreement (UTi WORLDWIDE INC)

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