Common use of Limitation of Guarantee Clause in Contracts

Limitation of Guarantee. The obligations of each Guarantor are limited to the maximum amount as will, after giving effect to all other contingent and fixed liabilities of such Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Guarantor in respect of the obligations of such other Guarantor under its Guarantee or pursuant to its contribution obligations under this Indenture, result in the obligations of such Guarantor under the Guarantee not constituting a fraudulent conveyance or fraudulent transfer under federal or state law.

Appears in 8 contracts

Samples: Lamar Media Corp/De, Lamar Advertising Co/New, Lamar Media Corp/De

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Limitation of Guarantee. The obligations of each Guarantor are limited to the maximum amount as will, after giving effect to all other contingent and fixed liabilities of such Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Guarantor in respect of the obligations of such other Guarantor under its Note Guarantee or pursuant to its contribution obligations under this IndentureAgreement, result in the obligations of such Guarantor under the its Note Guarantee not constituting a fraudulent conveyance or fraudulent transfer under federal or state law.

Appears in 2 contracts

Samples: Note Purchase Agreement (Trilogy International Partners Inc.), Note Purchase Agreement (Trilogy International Partners Inc.)

Limitation of Guarantee. The obligations of each Guarantor are limited to the maximum amount as will, after giving effect to all other contingent and fixed liabilities of such Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Guarantor in respect of the obligations of such other Guarantor under its Note Guarantee or pursuant to its contribution obligations under this Indenture, result in the obligations of such Guarantor under the its Note Guarantee not constituting a fraudulent conveyance or fraudulent transfer under federal or state law.

Appears in 2 contracts

Samples: Supplemental Indenture (Trilogy International Partners Inc.), Indenture (Alignvest Acquisition Corp)

Limitation of Guarantee. The obligations of each Guarantor are limited to the maximum amount as will, after giving effect to all other contingent and fixed liabilities of such Guarantor (including, without limitation, any guarantee by such Guarantor of the Existing Facility) and after giving effect to any collections from or payments made by or on behalf of any other Guarantor in respect of the obligations of such other Guarantor under its Guarantee or pursuant to its contribution obligations under this Indenture, result in the obligations of such Guarantor under the its Guarantee not constituting a fraudulent conveyance or fraudulent transfer under federal or state law.

Appears in 1 contract

Samples: Indenture (Seneca Erie Gaming Corp)

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Limitation of Guarantee. The obligations of each Guarantor are limited to the maximum amount as willshall, after giving effect to all other contingent and fixed liabilities of such Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Guarantor in respect of the obligations of such other Guarantor under its Guarantee or pursuant to its contribution obligations under this Indenture, result in the obligations of such Guarantor under the Guarantee not constituting a fraudulent conveyance or fraudulent transfer under federal or state law.

Appears in 1 contract

Samples: Bki Asset Management Corp

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