Common use of Limit on Recovery Clause in Contracts

Limit on Recovery. Notwithstanding any other provision hereof, the right of recovery against each Guarantor under this Article XV shall not exceed $1.00 less than the lowest amount which would render such Guarantor’s obligations under this Article XV void or voidable under applicable law, including, without limitation, fraudulent conveyance law. Section 15.8.

Appears in 1 contract

Samples: Credit Agreement (Runway Growth Finance Corp.)

AutoNDA by SimpleDocs

Limit on Recovery. Notwithstanding any other provision hereof, the right of recovery against each Guarantor under this Article XV XI shall not exceed $1.00 less than the lowest amount which would render such Guarantor’s obligations under this Article XV XI void or voidable under applicable law, including, without limitation, including fraudulent conveyance law. Section 15.8.

Appears in 1 contract

Samples: Credit Agreement (Fortegra Group, Inc)

Limit on Recovery. Notwithstanding any other provision hereof, the right of recovery against each Guarantor under this Article XV IX shall not exceed the amount that is $1.00 less than the lowest amount which that would render such Guarantor’s obligations under this Article XV IX void or voidable under applicable law, including, without limitation, applicable fraudulent conveyance law. Section 15.8conveyance, fraudulent transfer or similar laws.

Appears in 1 contract

Samples: Senior Subordinated Note Purchase and Security Agreement (Physicians Formula Holdings, Inc.)

AutoNDA by SimpleDocs

Limit on Recovery. 98 Notwithstanding any other provision hereof, the right of recovery against each Guarantor under this Article XV XI shall not exceed $1.00 less than the lowest amount which would render such Guarantor’s obligations under this Article XV XI void or voidable under applicable law, including, without limitation, including fraudulent conveyance law. Section 15.8.

Appears in 1 contract

Samples: Credit Agreement (Tiptree Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.