Common use of Limit on Recovery Clause in Contracts

Limit on Recovery. Notwithstanding any other provision hereof, the right of recovery against the U.S. Borrower under this Section 12 shall not exceed $1.00 less than the lowest amount which would render the U.S. Borrower’s obligations under this Section 12 void or voidable under applicable law, including, without limitation, fraudulent conveyance law.

Appears in 4 contracts

Samples: Credit Agreement (J M SMUCKER Co), Revolving Credit Agreement (J M SMUCKER Co), Revolving Credit Agreement (J M SMUCKER Co)

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Limit on Recovery. Notwithstanding any other provision hereof, the right of recovery against the U.S. each Borrower under this Section 12 13.A. shall not exceed $1.00 less than the lowest amount which would render the U.S. such Borrower’s obligations under this Section 12 13.A. void or voidable under applicable law, including, without limitation, fraudulent conveyance law.

Appears in 1 contract

Samples: Multicurrency Credit Agreement

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