Limitation of Certain Obligations of Foreign Borrowers. Notwithstanding any other provision of this Agreement, each Foreign Borrower shall only be liable for such Foreign Borrower’s pro rata share of any fees, any expenses and any indemnification obligations under this Agreement or the other Loan Documents, including, without limitation, the obligations under Sections 2.24, 2.25, 2.26, 2.29, 9.5 and 9.7 of this Agreement; provided that such Foreign Borrower shall only be liable for (a) fees under Sections 2.14(b) and (c) in respect of Letters of Credit which arise from Letters of Credit issued, extended or renewed for the account of such Foreign Borrower, and (b) indemnification costs under Section 2.26 which arise from Revolving Loans made to such Foreign Borrower.
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (Kennametal Inc)
Limitation of Certain Obligations of Foreign Borrowers. Notwithstanding any other provision of this Agreementhereof, each Foreign Borrower shall only be liable for such Foreign Borrower’s pro rata share of any fees, any expenses and any indemnification obligations under this Agreement or the other Loan Documents, including, without limitation, the obligations obligation under Sections 2.24, 2.25, 2.26, 2.29, 9.5 and 9.7 of this Agreement; provided that such Foreign Borrower shall only be liable for (a) fees under Sections 2.14(b2.14(c) and (cd) in respect of Letters of Credit which arise from Letters of Credit issued, extended or renewed for the account of such Foreign Borrower, and (b) indemnification costs under Section 2.26 which arise from Revolving Loans made to such Foreign Borrower.
Appears in 1 contract
Samples: Credit Agreement (Kennametal Inc)
Limitation of Certain Obligations of Foreign Borrowers. Notwithstanding any other provision of this Agreementhereof, each Foreign Borrower shall only be liable for such Foreign Borrower’s pro rata share (based upon the proportion that the applicable Foreign Sublimit for such Foreign Borrower bears to the Total Commitment) of any fees, any expenses and any indemnification obligations under this Agreement or the other Loan Documents, including, without limitation, the obligations obligation under Sections 2.24, 2.25, 2.26, 2.29, 9.5 and 9.7 of this Agreement; provided that such Foreign Borrower shall only be liable for (a) fees under Sections 2.14(b2.14(c) and (cd) in respect of Letters of Credit which arise from Letters of Credit issued, extended or renewed for the account of such Foreign Borrower, and (b) indemnification costs under Section 2.26 which arise from Revolving Credit Loans made to such Foreign Borrower.
Appears in 1 contract
Samples: Credit Agreement (Kennametal Inc)
Limitation of Certain Obligations of Foreign Borrowers. Notwithstanding any other provision of this Agreement, each Foreign Borrower shall only be liable for such Foreign Borrower’s pro rata share of with respect to any fees, any expenses and any indemnification obligations under this Agreement or the other Loan Documents, including, without limitation, including the obligations under Sections 2.24, 2.25, 2.26, 2.29, 9.5 and 9.7 of this AgreementAgreement each Foreign Borrower shall only be liable for such Foreign Borrower’s pro rata share thereof; provided that provided, that, such Foreign Borrower shall only be liable for (a) fees under Sections 2.14(b) and (c) in respect of Letters of Credit which arise from Letters of Credit issued, extended or renewed for the account of such Foreign Borrower, and (b) indemnification costs under Section 2.26 which arise from Revolving Loans made to such Foreign Borrower.
Appears in 1 contract
Samples: Credit Agreement (Kennametal Inc)