Common use of Maximum Liability of Pledgor Clause in Contracts

Maximum Liability of Pledgor. Anything in this Agreement to the contrary notwithstanding, in no event shall the amount of the Obligations secured by this Agreement exceed the maximum amount that (after giving effect to the incurring of the obligations hereunder and to any rights to contribution of Pledgor from other affiliates of Borrowers) would not render the rights to payment of Agent and the Lenders hereunder void, voidable or avoidable under any applicable fraudulent transfer law.

Appears in 4 contracts

Samples: Security Agreement (Jupitermedia Corp), Security Agreement (Webmedia Brands Inc.), Security Agreement (Jupitermedia Corp)

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Maximum Liability of Pledgor. Anything in this Agreement to the contrary notwithstanding, in no event shall the amount of the Obligations secured by this Agreement exceed the maximum amount that (after giving effect to the incurring of the obligations hereunder and to any rights to contribution of Pledgor from other affiliates of BorrowersBorrower) would not render the rights to payment of Agent and the Lenders Lender hereunder void, voidable or avoidable under any applicable fraudulent transfer law.

Appears in 3 contracts

Samples: Security Agreement (Aldila Inc), Pledge Agreement (Aldila Inc), Security Agreement (Aldila Inc)

Maximum Liability of Pledgor. Anything in this Agreement to the contrary notwithstanding, in no event shall the amount of the Obligations secured by this Agreement exceed the maximum amount that (after giving effect to the incurring of the obligations hereunder and to any rights to contribution of Pledgor from other affiliates of BorrowersBorrower) would not render the rights to payment of Agent and the Lenders hereunder void, voidable or avoidable under any applicable fraudulent transfer law.

Appears in 3 contracts

Samples: Intellectual Property Security Agreement (Webmedia Brands Inc.), Intellectual Property Security Agreement (Jupitermedia Corp), Pledge Agreement (Jupitermedia Corp)

Maximum Liability of Pledgor. Anything in this Agreement to the contrary notwithstanding, in no event shall the amount of the Obligations secured by this Agreement exceed the maximum amount that (after giving effect to the incurring of the obligations hereunder and to any rights to contribution of Pledgor from other affiliates of BorrowersBorrower) would not render the rights to payment of Agent and the Lenders Banks hereunder void, voidable or avoidable under any applicable fraudulent transfer law.

Appears in 2 contracts

Samples: Security Agreement (Amcast Industrial Corp), Assignment and Security Agreement (Amcast Industrial Corp)

Maximum Liability of Pledgor. Anything in this Agreement to the contrary notwithstanding, in no event shall the amount of the Obligations secured by this Agreement exceed the maximum amount that (after giving effect to the incurring of the obligations hereunder and to any rights to contribution of Pledgor from other affiliates of BorrowersBorrower) would not render the rights to payment of Agent and the Lenders Banks hereunder void, voidable or avoidable under any applicable fraudulent transfer law. [Remainder of page intentionally left blank.]

Appears in 1 contract

Samples: Pledge Agreement (Amcast Industrial Corp)

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Maximum Liability of Pledgor. Anything in this Agreement to the contrary notwithstanding, in no event shall the amount of the Obligations secured by this Agreement exceed the maximum amount that (after giving effect to the incurring of the obligations hereunder and to any rights to contribution of Pledgor from other affiliates of BorrowersBorrower) would not render the rights to payment of Agent and the Lenders hereunder void, voidable or avoidable under any applicable fraudulent transfer law.]

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Bea Systems Inc)

Maximum Liability of Pledgor. Anything in this Agreement to the contrary notwithstanding, in no event shall the amount of the Obligations secured by this Agreement exceed the maximum amount that (after giving effect to the incurring of the obligations hereunder and to any rights to contribution of Pledgor from other affiliates of BorrowersBorrower) would not render the rights to payment of Administrative Agent and the Lenders hereunder void, voidable or avoidable under any applicable fraudulent transfer law. [Remainder of page intentionally left blank.]

Appears in 1 contract

Samples: Pledge Agreement (Hawk Corp)

Maximum Liability of Pledgor. Anything in this Agreement to the contrary notwithstanding, in no event shall the amount of the Obligations secured by this Agreement exceed the maximum amount that (after giving effect to the incurring of the obligations hereunder and to any rights to contribution of Pledgor from other affiliates of BorrowersBorrower) would not render the rights to payment of Agent and the Lenders hereunder void, voidable or avoidable under any applicable fraudulent transfer law.

Appears in 1 contract

Samples: Intellectual Property Security Agreement (Webmedia Brands Inc.)

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