Common use of Limitations on Guarantees Clause in Contracts

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

Appears in 3 contracts

Samples: Quality Distribution Inc, Quality Distribution Inc, Quality Distribution Inc

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

Appears in 3 contracts

Samples: Indenture (Kinetic Concepts Inc /Tx/), Philipp Brothers Chemicals Inc, Kci New Technologies Inc

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

Appears in 2 contracts

Samples: Indenture (Lennar Corp /New/), Lennar Corp /New/

Limitations on Guarantees. The obligations of any Guarantor under its Guarantee shall be limited to the maximum amount which, after giving effect to all other contingent and fixed liabilities of such Guarantor (including all Guarantor Senior Debt of the respective Guarantor) and after giving effect to any collections from or payments made by or on behalf of any other Guarantor in respect of the obligations of such other Guarantor under its Guarantee or pursuant to its contribution obligations under this Indenture, will result in the obligations of such Guarantor under the Guarantee not constituting a fraudulent conveyance or fraudulent transfer under federal or state law.

Appears in 2 contracts

Samples: Quality Distribution Inc, Quality Distribution Inc

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

Appears in 1 contract

Samples: Indenture (Huntsman Packaging Corp)

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

Appears in 1 contract

Samples: T Sf Communications Corp

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

Appears in 1 contract

Samples: Note and Unit Subscription Agreement (Carlyle Group L.P.)

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