Luxembourg Guaranty Limitation. Notwithstanding any provision to the contrary in this Agreement, the payment obligation of any Guarantor incorporated under the laws of Luxembourg (a “Luxembourg Guarantor”) under this clause for the Guaranteed Obligations shall be limited at any time, with no double counting, to an aggregate amount not exceeding the higher of:
Appears in 6 contracts
Samples: Credit and Guaranty Agreement (Concordia International Corp.), Credit and Guaranty Agreement (Concordia International Corp.), Credit and Guaranty Agreement (Concordia International Corp.)
Luxembourg Guaranty Limitation. Notwithstanding any provision to the contrary in this AgreementIndenture, the payment obligation of any Guarantor incorporated under the laws of Luxembourg (a “Luxembourg Guarantor”) under Article 10 of this clause Indenture for the Guaranteed Obligations Note Guarantee shall be limited at any time, with no double counting, to an aggregate amount not exceeding the higher of:
Appears in 3 contracts
Samples: Indenture (Concordia International Corp.), Indenture (Concordia Investment Holdings (Jersey) LTD), Indenture (Concordia International Corp.)
Luxembourg Guaranty Limitation. Notwithstanding any provision to the contrary in this AgreementIndenture, the payment obligation of any Guarantor incorporated under the laws of Luxembourg (a “Luxembourg Guarantor”) under Article 10 of this clause Indenture for the Guaranteed Obligations Note Guarantee shall be limited at any time, with no double counting, to an aggregate amount not exceeding the higher of:
Appears in 2 contracts
Samples: Indenture (Concordia International Corp.), Indenture (Concordia Healthcare Corp.)
Luxembourg Guaranty Limitation. (a) Notwithstanding any provision anything to the contrary contained in this AgreementAgreement or in any other Loan Documents, the payment obligation aggregate obligations and exposure of a Luxembourg Guarantor under this Guaranty in respect of the obligations of any other Guarantor incorporated under the laws which is not a direct or indirect subsidiary of such Luxembourg (a “Luxembourg Guarantor”) under this clause for the Guaranteed Obligations Guarantor shall be limited at any time, with no double counting, time to an aggregate amount not exceeding 90% of the higher greater of:
Appears in 1 contract
