Common use of Limitation of Subsidiary Guarantor's Liability Clause in Contracts

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each Holder, hereby confirms that it is the intention of all such parties that the Guarantee by that Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy Code, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal or state law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee shall be limited to the maximum amount that, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.7, result in the obligations of that Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent transfer or conveyance under federal or state law.

Appears in 6 contracts

Samples: Indenture (Range Resources Corp), Indenture (Range Resources Corp), Indenture (Range Resources Corp)

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Limitation of Subsidiary Guarantor's Liability. Each Guarantor that is a Subsidiary Guarantorof the Company, and by its acceptance hereof each Holder, hereby confirms that it is the intention of all such parties that the Note Guarantee by that Subsidiary such Guarantor pursuant to its Subsidiary Note Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal or state law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary this Note Guarantee shall be limited to the maximum amount thatwhich, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor Guarantor, and after giving effect to any collections from or payments made by or on behalf of of, any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Note Guarantee or pursuant to Section 13.7its contribution obligations under this Article Twelve, will result in the obligations of that Subsidiary such Guarantor under its Subsidiary Note Guarantee not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 5 contracts

Samples: Indenture (Saks Inc), Indenture (Saks Inc), Indenture (Saks Inc)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary GuarantorGuarantor and, and by its acceptance hereof hereof, each Holder, hereby Holder confirms that it is the intention of all such parties that the Subsidiary Guarantee by that of such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy Code, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state lawlaw or the provisions of its local law relating to fraudulent transfer or conveyance. To effectuate the foregoing intention, the Trustee, the Holders and such the Subsidiary Guarantor Guarantors hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee shall be limited to the maximum amount thatthat will not, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from, rights to receive contribution from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.7Guarantee, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 4 contracts

Samples: Indenture (Circus & Eldorado Joint Venture), Indenture (Circus & Eldorado Joint Venture), Indenture (Circus & Eldorado Joint Venture)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each Holder, hereby confirms confirm that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy Code, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal or state law. To effectuate the foregoing intention, the Holders and such each Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee shall will be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities (including, but not limited to, Guarantor Senior Indebtedness) of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.710.4 hereof, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent transfer conveyance or conveyance under federal or state lawfraudulent transfer. This Section 10.3 is for the benefit of the creditors of each Subsidiary Guarantor.

Appears in 4 contracts

Samples: Indenture (Clayton Williams Energy Inc /De), Indenture (Delta Petroleum Corp/Co), Indenture (Clayton Williams Energy Inc /De)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each Holder, hereby confirms that it is the intention of all such parties that the Guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal any Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations Guarantee Obligations of such Subsidiary Guarantor under its Subsidiary Guarantee this Article 12 shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations Guarantee Obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.7this Article 12, result in the obligations Guarantee Obligations of that such Subsidiary Guarantor under its the Subsidiary Guarantee of such Subsidiary Guarantor not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 4 contracts

Samples: Indenture (RBX Corp), Indenture (RBX Corp), Indenture (RBX Corp)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each Holder, hereby confirms that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee this Article 10 shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.7this Article 10, result in the obligations of that such Subsidiary Guarantor under its the Subsidiary Guarantee of such Subsidiary Guarantor not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 4 contracts

Samples: Indenture (Imperial Credit Industries Inc), Indenture (Wavetek U S Inc), Indenture (Hydrochem International Inc)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each Holder, hereby confirms confirm that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy Code, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state law. To effectuate the foregoing intention, the Holders and such each Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.710.05 hereof, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent transfer conveyance or conveyance under federal or state lawfraudulent transfer. This Section 10.04 is for the benefit of the creditors of each Subsidiary Guarantor.

Appears in 4 contracts

Samples: Indenture (Comstock Oil & Gas, LP), Indenture (Comstock Oil & Gas, LP), Indenture (Comstock Oil & Gas, LP)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, hereby Holder confirms that it is the intention of all such parties that the Guarantee guarantee by that each Subsidiary Guarantor pursuant to its Subsidiary Note Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy Code, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state lawlaw or the provisions of its local law relating to fraudulent transfer or conveyance. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Note Guarantee shall be limited to the maximum amount thatthat will not, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Note Guarantee or pursuant to Section 13.71305 hereof, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Note Guarantee not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 3 contracts

Samples: Indenture (Burke Industries Inc /Ca/), Indenture (Burke Flooring Products Inc), Indenture (Burke Industries Inc /Ca/)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, Holder hereby confirms that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal or state law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.78.05, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 3 contracts

Samples: First Supplemental Indenture (NVR Inc), First Supplemental Indenture (NVR Inc), First Supplemental Indenture (NVR Inc)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, hereby Holder confirms that it is the intention of all such parties that the Guarantee guarantee by that each such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state lawlaw or the provisions of its local law relating to fraudulent transfer or conveyance. To effectuate the foregoing intention, the Holders and each such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee shall be limited to the maximum amount thatthat will not, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to this Section 13.71205, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 3 contracts

Samples: Indenture (Clearwire Corp /DE), Indenture (Clearwire Corp /DE), Second Priority Indenture (Clearwire Corp /DE)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each Holder, hereby confirms confirm that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy Code, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state law. To effectuate the foregoing intention, the Holders and such each Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee shall will be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities (including, but not limited to, Guarantor Senior Indebtedness) of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.710.4 hereof, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent transfer conveyance or conveyance under federal or state lawfraudulent transfer. This Section 10.3 is for the benefit of the creditors of each Subsidiary Guarantor.

Appears in 3 contracts

Samples: Indenture (Plains Exploration & Production Co), Indenture (Plains Resources Inc), Indenture (Plains Exploration & Production Co L P)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, Holder hereby confirms that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal or state law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations Obligations of such Subsidiary Guarantor under its Subsidiary Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.711.07, result in the obligations Obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 3 contracts

Samples: Indenture (Tracor Inc /De), Indenture (Koppers Industries Inc), Indenture (Federal Data Corp /Fa/)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, Holder hereby confirms that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal or state law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary the Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor (including, but not limited to, the Guarantor Senior Indebtedness of such Subsidiary Guarantor) and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.711.07, result in the obligations of that such Subsidiary Guarantor under its Subsidiary the Guarantee not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 3 contracts

Samples: Indenture (Bay Area Warehouse Stores Inc), Indenture (Dominicks Supermarkets Inc), Indenture (Perry-Judds Inc)

Limitation of Subsidiary Guarantor's Liability. Each New Subsidiary Guarantor, and by its acceptance hereof each HolderSecurityholder, hereby confirms that it is the intention of all such parties that the Guarantee guarantee by that such New Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Bankruptcy Law, Federal Bankruptcy Codeand state fraudulent conveyance laws, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal or state lawother legal principles. To effectuate the foregoing intention, the Holders Securityholders and such each New Subsidiary Guarantor hereby irrevocably agree that the obligations of such New Subsidiary Guarantor under its Subsidiary Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such New Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.710.05 of the Indenture, result in the obligations of that such New Subsidiary Guarantor under its the Subsidiary Guarantee not constituting such a fraudulent transfer or conveyance under federal or state law.

Appears in 2 contracts

Samples: First Supplemental Appreciation Note Indenture (Northland Holdings Management Inc), First Supplemental Indenture (Northland Holdings Management Inc)

Limitation of Subsidiary Guarantor's Liability. Each Guarantor that is a Subsidiary Guarantorof the Company, and by its acceptance hereof each Holder, hereby confirms that it is the intention of all such parties that the Note Guarantee by that Subsidiary such Guarantor pursuant to its Subsidiary Note Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal or state law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary this Note Guarantee shall be limited to the maximum amount thatwhich, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor Guarantor, and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Note Guarantee or pursuant to Section 13.7its contribution obligations under this Article Twelve, will result in the obligations of that Subsidiary such Guarantor under its Subsidiary Note Guarantee not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 2 contracts

Samples: Indenture (McRaes Stores Partnership), Indenture (CPS Department Stores Inc /De)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, of the Holders hereby confirms that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal any Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal or state law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its the Subsidiary Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.710.05, result in the obligations of that such Subsidiary Guarantor under its the Subsidiary Guarantee not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 2 contracts

Samples: Indenture (Coinmach Service Corp), Indenture (Coinmach Laundry Corp)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each Holder, hereby confirms confirm that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy Code, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state law. To effectuate the foregoing intention, the Holders and such each Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee shall will be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.713.5 hereof, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent transfer conveyance or conveyance under federal or state lawfraudulent transfer. This Section 13.4 is for the benefit of the creditors of each Subsidiary Guarantor.

Appears in 2 contracts

Samples: Intercreditor, Security and Collateral Agency Agreement (Abraxas Petroleum Corp), Indenture (Mission Resources Corp)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each Holder, hereby confirms that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee this Article 11 shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.7this Article 11, result in the obligations of that such Subsidiary Guarantor under its the Subsidiary Guarantee of such Subsidiary Guarantor not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 2 contracts

Samples: Indenture (Anvil Holdings Inc), Indenture (Cottontops Inc)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, hereby Holder confirms that it is the intention of all such parties that the Guarantee guarantee by that each such Subsidiary Guarantor pursuant to its Subsidiary Note Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state lawlaw or the provisions of its local law relating to fraudulent transfer or conveyance. To effectuate the foregoing intention, the Holders and each such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Note Guarantee shall be limited to the maximum amount thatthat will not, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Note Guarantee or pursuant to Section 13.71305 hereof, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Note Guarantee not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 2 contracts

Samples: Indenture (Tmil Corp), Indenture (Supreme International Corp)

Limitation of Subsidiary Guarantor's Liability. Each Guarantor that is a Subsidiary Guarantorof the Company, and by its acceptance hereof each Holder, hereby confirms that it is the intention of all such parties that the Note Guarantee by that Subsidiary such Guarantor pursuant to its Subsidiary Note Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary this Note Guarantee shall be limited to the maximum amount thatwhich, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor Guarantor, and after giving effect to any collections from or payments made by or on behalf of of, any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Note Guarantee or pursuant to Section 13.7its contribution obligations under this Article Twelve, will result in the obligations of that Subsidiary such Guarantor under its Subsidiary Note Guarantee not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 2 contracts

Samples: Indenture (Saks Inc), Indenture (Saks Inc)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, Holder hereby confirms that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal or state law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its the Subsidiary Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.710.05, result in the obligations of that such Subsidiary Guarantor under its the Subsidiary Guarantee not constituting such a fraudulent transfer or conveyance under federal or state law.

Appears in 2 contracts

Samples: Indenture (Packaged Ice Inc), Indenture (Call Points Inc)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each HolderHolder and the Trustee, hereby confirms that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of title 11 of the Federal Bankruptcy United States Code, as amended, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar U.S. Federal or state lawor other applicable law or that the obligations of such Subsidiary Guarantor under Section 11.01 would otherwise be held or determined to be void, invalid or unenforceable on account of the amount of its liability under said Section 11. 01. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its the Subsidiary Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.711.05, result in the obligations of that such Subsidiary Guarantor under its the Subsidiary Guarantee not constituting such a fraudulent transfer or conveyance under federal and not being held or state lawdetermined to be void, invalid or unenforceable.

Appears in 2 contracts

Samples: Indenture (Black Creek Management LLC), Indenture (Frontiervision Capital Corp)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each Holder, hereby confirms that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy Code, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal or state law. To effectuate the foregoing intention, the Holders and such each Subsidiary Guarantor hereby irrevocably agree that the obligations of such each Subsidiary Guarantor under its Subsidiary Guarantee shall be limited to the maximum amount thatas shall, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor (including, without limitation, any guarantees under the Senior Credit Facility) and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.79.04 of this First Supplemental Indenture, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent conveyance or fraudulent transfer or conveyance under federal Federal or state law. This Section 9.03 is for the benefit of the creditors of each Subsidiary Guarantor.

Appears in 2 contracts

Samples: First Supplemental Indenture (Berry Petroleum Co), First Supplemental Indenture (Berry Petroleum Co)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each Holder, hereby confirms that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy Code, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal or state law. To effectuate the foregoing intention, the Holders and such each Subsidiary Guarantor hereby irrevocably agree that the obligations of such each Subsidiary Guarantor under its Subsidiary Guarantee shall be limited to the maximum amount thatas shall, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor (including, without limitation, any guarantees under the Senior Credit Facility) and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.79.04 of this Second Supplemental Indenture, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent conveyance or fraudulent transfer or conveyance under federal Federal or state law. This Section 9.03 is for the benefit of the creditors of each Subsidiary Guarantor.

Appears in 1 contract

Samples: Second Supplemental Indenture (Berry Petroleum Co)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, hereby Holder confirms that it is the intention of all such parties that the Guarantee guarantee by that each Subsidiary Guarantor 107 pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy Code, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state lawlaw or the provisions of its local law relating to fraudulent transfer or conveyance. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee shall be limited to the maximum amount thatthat will not, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.71306 hereof, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 1 contract

Samples: Indenture (Afa Products Inc)

Limitation of Subsidiary Guarantor's Liability. Each Guarantor that is a Subsidiary Guarantorof the Company, and by its acceptance hereof each Holder, hereby confirms that it is the intention of all such parties that the Guarantee by that Subsidiary such Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal or state law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary this Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor (including, but not limited to, the Guarantor Senior Indebtedness of such Guarantor) and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.7Guarantee, result in the obligations of that Subsidiary such Guarantor under its Subsidiary the Guarantee not constituting such a fraudulent transfer or conveyance under federal or state law.conveyance. [signatures on following pages]

Appears in 1 contract

Samples: Indenture (Blue Bird Corp)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each Holder, hereby confirms confirm that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy Code, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state law. To effectuate the foregoing intention, the Holders and such each Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.713.5 hereof, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent transfer conveyance or conveyance under federal or state lawfraudulent transfer. This Section 13.4 is for the benefit of the creditors of each Subsidiary Guarantor.

Appears in 1 contract

Samples: Indenture (KCS Medallion Resources Inc)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, hereby Holder confirms that it is the intention of all such parties that the Guarantee guarantee by that each Subsidiary Guarantor pursuant to its Subsidiary Note Guarantee not constitute a fraudulent transfer or conveyance for purposes 103 of the Federal Bankruptcy Code, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state lawlaw or the provisions of its local law relating to fraudulent transfer or conveyance. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Note Guarantee shall be limited to the maximum amount thatthat will not, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Note Guarantee or pursuant to this Section 13.71305 hereof, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Note Guarantee not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 1 contract

Samples: Indenture (Ameristeel Corp)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof of a Security each HolderSecurityholder, hereby confirms that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Bankruptcy Law, Federal Bankruptcy Code, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act and state fraudulent conveyance laws or any similar Federal or state lawother legal principles. To effectuate the foregoing intention, the Holders Securityholders and such each Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its the Subsidiary Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.710.05 hereof, result in the obligations of that such Subsidiary Guarantor under its the Subsidiary Guarantee not constituting such a fraudulent transfer or conveyance under federal or state law.

Appears in 1 contract

Samples: Indenture (Resort Investment LLC)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, hereby Holder confirms that it is the intention of all such parties that the Subsidiary Guarantee by that of such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state lawlaw or the provisions of its local law relating to fraudulent transfer or conveyance. To effectuate the foregoing intention, the Trustee, the Holders and such Subsidiary Guarantor Guarantors hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee shall be limited to the maximum amount thatthat will not, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor (including, without limitation, any guarantees under the Senior Secured Credit Facilities) and after giving effect to any collections from, rights to receive contribution from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.7Guarantee, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent conveyance, fraudulent preference or fraudulent transfer or conveyance otherwise reviewable under federal or state applicable law.

Appears in 1 contract

Samples: Indenture (Bloomin' Brands, Inc.)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof of a Security each HolderSecurityholder, hereby confirms that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Bankruptcy Law, Federal Bankruptcy Code, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act and state fraudulent conveyance laws or any similar Federal or state lawother legal principles. To effectuate the foregoing intention, the Holders Securityholders and such each Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its the Subsidiary Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.711.05 hereof, result in the obligations of that such Subsidiary Guarantor under its the Subsidiary Guarantee not constituting such a fraudulent transfer or conveyance under federal or state law.

Appears in 1 contract

Samples: Indenture (Mentus Media Corp)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each Holder, hereby confirms that it is the intention of all such parties that the Guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal any Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations Guarantee Obligations of such Subsidiary Guarantor under its Subsidiary Guarantee this Article 12 shall be limited to the maximum amount thatas shall, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations Guarantee Obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.7this Article 12, result in the obligations Guarantee Obligations of that such Subsidiary Guarantor under its the Subsidiary Guarantee of such Subsidiary Guarantor not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 1 contract

Samples: Indenture (Raceland Truck Plaza & Casino LLC)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each Holder, hereby confirms that it is the intention of all such parties that the Guarantee by that Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy Code, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee shall be limited to the maximum amount that, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.7, result in the obligations of that Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent transfer or conveyance under federal or state law.

Appears in 1 contract

Samples: Indenture (Fx Energy Inc)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, hereby Holder confirms that it is the intention of all such parties that the Guarantee guarantee by that each such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy Code, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state lawlaw or the provisions of its local law relating to fraudulent transfer or conveyance. To effectuate the foregoing intention, the Holders and each such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee shall be limited to the maximum amount thatthat will not, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Guarantor under its Guarantee or, with respect to the Subsidiary Guarantors, pursuant to Section 1305 hereof, result in the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.7, result in the obligations of that Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 1 contract

Samples: Indenture (CFP Holdings Inc)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each Holder, hereby confirms confirm that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy Code, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state law. To effectuate the foregoing intention, the Holders and such each Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee shall will be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities (including, but not limited to, Senior Indebtedness of a Subsidiary Guarantor) of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.710.4 hereof, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent transfer conveyance or conveyance under federal or state lawfraudulent transfer. This Section 10.3 is for the benefit of the creditors of each Subsidiary Guarantor.

Appears in 1 contract

Samples: Indenture (Nuevo Permian Inc.)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each Holder, hereby confirms confirm that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy Code, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state law. To effectuate the foregoing intention, the Holders and such each Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities (including, but not limited to, Guarantor Senior Indebtedness) of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.713.5 hereof, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent transfer conveyance or conveyance under federal or state lawfraudulent transfer. This Section 13.4 is for the benefit of the creditors of each Subsidiary Guarantor.

Appears in 1 contract

Samples: Indenture (Bellwether Exploration Co)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, hereby Holder confirms that it is the intention of all such parties that the Guarantee guarantee by that each such Subsidiary Guarantor pursuant to its Subsidiary Note Guarantee shall not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state lawlaw or the provisions of its local law relating to fraudulent transfer or conveyance. To effectuate the foregoing intention, the Holders and each such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Note Guarantee shall be limited to the maximum amount thatthat will not, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Note Guarantee or pursuant to Section 13.71305 hereof, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Note Guarantee not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 1 contract

Samples: Indenture (Perry Ellis International Inc)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary GuarantorGuarantor and, and by its acceptance hereof hereof, each Holder, of the Holders hereby confirms that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal any Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal or state law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its the Subsidiary Guarantee shall be limited to the maximum amount thatas shall, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and and, to the extent permitted by applicable Law, after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.79.04, result in the obligations of that such Subsidiary Guarantor under its the Subsidiary Guarantee not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 1 contract

Samples: Indenture (Molecular Insight Pharmaceuticals, Inc.)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each HolderHolder of Notes, hereby confirms that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state law. To effectuate the foregoing intention, the Holders of Notes and such each Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee this Article 10 shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.7this Article 10, result in the obligations of that such Subsidiary Guarantor under its the Subsidiary Guarantee of such Subsidiary Guarantor not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 1 contract

Samples: Indenture (Encore Industries Inc /Ga)

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Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, Holder hereby confirms that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary the Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor (including, but not limited to, the Guarantor Senior Indebtedness of such Subsidiary Guarantor) and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.711.7, result in the obligations of that such Subsidiary Guarantor under its Subsidiary the Guarantee not constituting such a fraudulent transfer or conveyance under federal or state law.

Appears in 1 contract

Samples: Indenture (RSC Duval Inc)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, hereby Holder confirms that it is the intention of all such parties that the Subsidiary Guarantee by that of such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state lawlaw or the provisions of its local law relating to fraudulent transfer or conveyance. To effectuate the foregoing intention, the Trustee, the Holders and such Subsidiary Guarantor Guarantors hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee shall be limited to the maximum amount thatthat will not, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor (including, without limitation, any guarantees under the Amended Credit Agreement) and after giving effect to any collections from, rights to receive contribution from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.7Guarantee, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent conveyance, fraudulent preference or fraudulent transfer or conveyance otherwise reviewable under federal or state applicable law.

Appears in 1 contract

Samples: Indenture (Papa Johns International Inc)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each HolderHolder and the Trustee, hereby confirms that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee Guaranty not constitute a fraudulent transfer or conveyance for purposes of title 11 of the Federal Bankruptcy United States Code, as amended, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar U.S. Federal or state or other applicable law. To effectuate the foregoing intention, the Holders and such each Subsidiary Guarantor hereby irrevocably agree that the obligations of such each Subsidiary Guarantor under its Subsidiary Guarantee Guaranty shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor (including any Senior Indebtedness incurred after the Issue Date) and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee Guaranty or pursuant to Section 13.711.05, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee Guaranty not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 1 contract

Samples: Indenture (Gentek Inc)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each HolderHolder and the Trustee, hereby confirms that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of title 11 of the Federal Bankruptcy United States Code, as amended, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar U.S. Federal or state lawor other applicable law or that the obligations of such Subsidiary Guarantor under Section 11.01 would otherwise be held or determined to be void, invalid or 01. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its the Subsidiary Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.711.05, result in the obligations of that such Subsidiary Guarantor under its the Subsidiary Guarantee not constituting such a fraudulent transfer or conveyance under federal and not being held or state lawdetermined to be void, invalid or unenforceable.

Appears in 1 contract

Samples: Indenture (Frontiervision Holdings Capital Corp)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, hereby Holder confirms that it is the intention of all such parties that the Subsidiary Guarantee by that of such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state lawlaw or the provisions of its local law relating to fraudulent transfer or conveyance. To effectuate the foregoing intention, the Trustee, the Holders and such Subsidiary Guarantor Guarantors hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee shall be limited to the maximum amount thatthat will not, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor (including, without limitation, any guarantees under the ABL Credit Facility) and after giving effect to any collections from, rights to receive contribution from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.7Guarantee, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent conveyance, fraudulent preference or fraudulent transfer or conveyance otherwise reviewable under federal or state applicable law.

Appears in 1 contract

Samples: Indenture (Unisys Corp)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each Holder, hereby confirms that it is the intention of all such parties that the Guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal any Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations Guarantee Obligations of such Subsidiary Guarantor under its Subsidiary Guarantee this Article 10 shall be limited to the maximum amount thatas shall, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations Guarantee Obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.7this Article 10, result in the obligations Guarantee Obligations of that such Subsidiary Guarantor under its the Subsidiary Guarantee of such Subsidiary Guarantor not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 1 contract

Samples: Indenture (Jacobs Entertainment Inc)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, Holder hereby confirms that it is the intention of all such parties that the Guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal or state law. To effectuate the foregoing intention, the Holders and each such Subsidiary Guarantor hereby irrevocably agree that the obligations Obligations of such Subsidiary Guarantor under its Subsidiary Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor (including, without limitation, any Obligations under the Credit Facility) and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.711.6, result in the obligations Obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 1 contract

Samples: Indenture (Everest One Ipa Inc)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each HolderHolder and the Trustee, hereby confirms that it is the intention of all such parties that the Guarantee by that Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of Title 11 of the Federal Bankruptcy United States Code, as amended, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal U.S. federal or state or other applicable law. To effectuate the foregoing intention, the Holders and such each Subsidiary Guarantor hereby irrevocably agree that the obligations of such each Subsidiary Guarantor under its the Subsidiary Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.710.4, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 1 contract

Samples: Indenture (Clearview Cinema Group Inc)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, hereby Holder confirms that it is the intention of all such parties that the Note Guarantee by that of such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state lawlaw or the provisions of its local law relating to fraudulent transfer or conveyance. To effectuate the foregoing intention, the Trustee, the Holders and such Subsidiary Guarantor Guarantors hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Note Guarantee shall be limited to the maximum amount thatthat will not, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor (including, without limitation, any guarantees under the Senior Secured Credit Facilities) and after giving effect to any collections from, rights to receive contribution from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.7Note Guarantee, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Note Guarantee not constituting such a fraudulent conveyance, fraudulent preference or fraudulent transfer or conveyance otherwise reviewable under federal or state applicable law.

Appears in 1 contract

Samples: Indenture (Atkore Inc.)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each Holder, hereby confirms that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy Code, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal or state law. To effectuate the foregoing intention, the Holders and such each Subsidiary Guarantor hereby irrevocably agree that the obligations of such each Subsidiary Guarantor under its Subsidiary Guarantee shall be limited to the maximum amount thatas shall, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor (including, without limitation, any guarantees under the Senior Credit Facility) and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.79.04 of this Third Supplemental Indenture, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent conveyance or fraudulent transfer or conveyance under federal Federal or state law. This Section 9.03 is for the benefit of the creditors of each Subsidiary Guarantor.

Appears in 1 contract

Samples: Third Supplemental Indenture (Berry Petroleum Co)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, hereby Holder confirms that it is the intention of all such parties that the Subsidiary Guarantee by that of such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state lawlaw or the provisions of its local law relating to fraudulent transfer or conveyance. To effectuate the foregoing intention, the Trustee, the Holders and such Subsidiary Guarantor Guarantors hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee shall be limited to the maximum amount thatthat will not, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor (including, without limitation, any guarantees under the Senior Secured Credit Agreement) and after giving effect to any collections from, rights to receive contribution from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.7Guarantee, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent conveyance, fraudulent preference or fraudulent transfer or conveyance otherwise reviewable under federal or state applicable law.

Appears in 1 contract

Samples: Indenture (Brinker International, Inc)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each Holder, hereby confirms that it is the intention of all such parties that the Guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal any Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree 89 84 that the obligations Guarantee Obligations of such Subsidiary Guarantor under its Subsidiary Guarantee this Article 10 shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations Guarantee Obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.7this Article 10, result in the obligations Guarantee Obligations of that such Subsidiary Guarantor under its the Subsidiary Guarantee of such Subsidiary Guarantor not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 1 contract

Samples: Indenture (Medaphis Corp)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each Holder, hereby confirms that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee this Article Thirteen shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.7this Article Thirteen, result in the obligations of that such Subsidiary Guarantor under its the Subsidiary Guarantee of such Subsidiary Guarantor not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 1 contract

Samples: Indenture (Liberty Group Management Services Inc)

Limitation of Subsidiary Guarantor's Liability. (a) Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, hereby Holder confirms that it is the intention of all such parties that the Note Guarantee by that of such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state lawlaw or the provisions of its local law relating to fraudulent transfer or conveyance. To effectuate the foregoing intention, the Trustee, the Holders and such Subsidiary Guarantor Guarantors hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Note Guarantee shall be limited to the maximum amount thatthat will not, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor (including, without limitation, any guarantees under the Credit Agreement) and after giving effect to any collections from, rights to receive contribution from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.7Note Guarantee, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Note Guarantee not constituting such a fraudulent conveyance, fraudulent preference or fraudulent transfer or conveyance otherwise reviewable under federal or state applicable law.

Appears in 1 contract

Samples: Indenture (American Finance Trust, Inc)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, Holder hereby confirms that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal or state law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its the Subsidiary Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.710.5, result in the obligations of that such Subsidiary Guarantor under its the Subsidiary Guarantee not constituting such a fraudulent transfer or conveyance under federal or state law.

Appears in 1 contract

Samples: Indenture (Southern Bottled Water Co Inc)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, hereby Holder confirms that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee will not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary the Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities (including, but not limited to, Guarantor Senior Debt of such Subsidiary Guarantor) of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.716.6, result in the obligations of that such Subsidiary Guarantor under its Subsidiary the Guarantee not constituting to constitute such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 1 contract

Samples: Indenture (Apria Healthcare Group Inc)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each Holder, hereby confirms confirm that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy Code, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state law. To effectuate the foregoing intention, the Holders and such each Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.713.5 hereof, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent transfer conveyance or conveyance under federal or state law.fraudulent transfer. This Section 13.4 is for the benefit of the creditors of each Subsidiary Guarantor. 87 102

Appears in 1 contract

Samples: First Supplemental Indenture (KCS Energy Inc)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each HolderHolder and the Trustee, hereby confirms that it is the intention of all such parties that the Guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of title 11 of the Federal Bankruptcy United States Code, as amended, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar U.S. Federal or state or other applicable law. To effectuate the foregoing intention, the Holders and such each Subsidiary Guarantor hereby irrevocably agree that the obligations of such each Subsidiary Guarantor under its Subsidiary Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor (including any Senior Indebtedness incurred after the Issue Date) and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.711.05, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 1 contract

Samples: Indenture (Carrols Corp)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, Holder hereby confirms that it is the intention of all such parties that the Guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Note Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal or state law. To effectuate the foregoing intention, the Holders and each such Subsidiary Guarantor hereby irrevocably agree that the obligations Obligations of such Subsidiary Guarantor under its Subsidiary Note Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor (including, without limitation, any Obligations under the Credit Facility) and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Note Guarantee or pursuant to Section 13.711.6, result in the obligations Obligations of that such Subsidiary Guarantor under its Subsidiary Note Guarantee not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 1 contract

Samples: Indenture (PSS Holding Inc)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, hereby Holder confirms that it is the intention of all such parties that the Guarantee guarantee by that each Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy Code, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state lawlaw or the provisions of its local law relating to fraudulent transfer or conveyance. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee shall be limited to the maximum amount thatthat will not, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.71306 hereof, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 1 contract

Samples: Indenture (Insight Health Services Corp)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, of the Lenders hereby confirms that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal any Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal or state law. To effectuate the foregoing intention, the Holders Lenders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary the Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor (including, but not limited to, the Subsidiary Guarantor Senior Indebtedness of such Subsidiary Guarantor) and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.710.7, result in the obligations of that such Subsidiary Guarantor under its Subsidiary the Guarantee not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 1 contract

Samples: Senior Subordinated Credit Agreement (Vertis Inc)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each Holder, hereby confirms that it is the intention of all such parties that the Guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal any Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations Guarantee Obligations of such Subsidiary Guarantor under its Subsidiary Guarantee this Article 10 shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations Guarantee Obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.7this Article 10, result in the obligations Guarantee Obligations of that such Subsidiary Guarantor under its the Subsidiary Guarantee of such Subsidiary Guarantor not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 1 contract

Samples: Indenture (Foodmaker Inc /De/)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each Holder, hereby confirms that it is the intention of all such parties that the Guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy Code, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal or state law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections collection from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.7, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Guarantee not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 1 contract

Samples: Indenture (Willcox & Gibbs Inc /De)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, and by its acceptance hereof each HolderHolder and the Trustee, hereby confirms that it is the intention of all such parties that the Guarantee guarantee by that such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of title 11 of the Federal Bankruptcy United States Code, as amended, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar U.S. Federal or state or other applicable law. To effectuate the foregoing intention, the Holders and such Subsidiary Guarantor hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its the Subsidiary Guarantee shall be limited to the maximum amount thatas will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.710.05, result in the obligations of that such Subsidiary Guarantor under its the Subsidiary Guarantee not constituting such a fraudulent transfer or conveyance under federal or state lawconveyance.

Appears in 1 contract

Samples: Indenture (Prime Foods Development Corp)

Limitation of Subsidiary Guarantor's Liability. Each Subsidiary Guarantor, Guarantor and by its acceptance hereof each Holder, hereby Holder confirms that it is the intention of all such parties that the Note Guarantee by that of such Subsidiary Guarantor pursuant to its Subsidiary Guarantee not constitute a fraudulent transfer or conveyance for purposes of the Federal Bankruptcy CodeLaw, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar Federal federal or state lawlaw or the provisions of its local law relating to fraudulent transfer or conveyance. To effectuate the foregoing intention, the Trustee, the Holders and such Subsidiary Guarantor Guarantors hereby irrevocably agree that the obligations of such Subsidiary Guarantor under its Subsidiary Note Guarantee shall be limited to the maximum amount thatthat will not, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor (including, without limitation, any guarantees under the Senior Secured Credit Facility) and after giving effect to any collections from, rights to receive contribution from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to Section 13.7Note Guarantee, result in the obligations of that such Subsidiary Guarantor under its Subsidiary Note Guarantee not constituting such a fraudulent conveyance, fraudulent preference or fraudulent transfer or conveyance otherwise reviewable under federal or state applicable law.

Appears in 1 contract

Samples: Indenture (MasterBrand, Inc.)

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