Common use of Luxembourg Guarantee Limitation Language Clause in Contracts

Luxembourg Guarantee Limitation Language. (a) Notwithstanding anything to the contrary contained in this Guaranty or in any other Loan Documents, the aggregate obligations and exposure of a Luxembourg Guarantor in respect of the obligations of a member of its corporate group which is not a direct or indirect subsidiary of such Luxembourg Guarantor shall be limited at any time to an aggregate amount not exceeding 85% of the greater of:

Appears in 2 contracts

Samples: Security Agreement, Security Agreement (USD Partners LP)

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Luxembourg Guarantee Limitation Language. (a) Notwithstanding anything to the contrary contained in this Guaranty or in any other Loan DocumentsDocument, the aggregate obligations and exposure of a Luxembourg Guarantor in respect of the obligations of a member of its corporate group which is not a direct or indirect subsidiary of such Luxembourg Guarantor shall be limited at any time to an aggregate amount not exceeding 85% of the greater of:

Appears in 1 contract

Samples: Security Agreement (USD Partners LP)

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Luxembourg Guarantee Limitation Language. (a) Notwithstanding anything to the contrary contained in this Guaranty Agreement or in any other Loan Documents, the aggregate obligations and exposure of a Luxembourg Guarantor in respect of the obligations of a member of its corporate group an affiliated entity which is not a direct or indirect subsidiary of such Luxembourg Guarantor shall be limited at any time to an aggregate amount not exceeding 8590% of the greater of:

Appears in 1 contract

Samples: Credit Agreement (Merus Labs International Inc.)

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