Net Worth Limitation. Notwithstanding any other provision of this Indenture or the Notes, the Note Guarantee shall not be enforceable against any Guarantor in an amount in excess of the net worth of such Guarantor at the time that determination of such net worth is, under applicable law, relevant to the enforceability of the Note Guarantee. Such net worth shall include any claim of any Guarantor against the Company for reimbursement and any claim against any grantor of a Subsidiary Guarantee for contribution.
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Samples: Indenture (American Trans Air Execujet Inc), Indenture (American Trans Air Execujet Inc), Indenture (Amtran Inc)
Net Worth Limitation. Notwithstanding any other provision of this Indenture or the Notes, the Note Guarantee shall not be enforceable against any the Guarantor in an amount in excess of the net worth of such the Guarantor at the time that determination of such net worth is, under applicable law, relevant to the enforceability of the Note Guarantee. Such net worth shall include any claim of any the Guarantor against the Company for reimbursement and any claim against any grantor of a Subsidiary Guarantee for contribution.
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Samples: Senior Discount Notes Indenture (Orionnet Finance Corp), Senior Notes Indenture (Orionnet Finance Corp)
Net Worth Limitation. Notwithstanding any other provision of this Indenture or the Notes, the Note Guarantee shall not be enforceable against any the Guarantor in an amount in excess of the net worth of such the Guarantor at the time that determination of such net worth is, under applicable law, relevant to the enforceability of the Note Guarantee. Such net worth shall include any claim of any the Guarantor against the Company for reimbursement and any claim against any grantor of a Subsidiary Guarantee for contribution.
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Samples: Indenture (Acme Metals Inc /De/)
Net Worth Limitation. Notwithstanding any other provision of this Indenture or the Notes, the Note Guarantee shall not be enforceable against any the Guarantor in an amount in excess of the net worth of such the Guarantor at the time that determination of such net worth is, under applicable law, relevant to the enforceability of the Note Guarantee. Such net worth shall include any claim or future claim of any the Guarantor against the Company Issuer for reimbursement and any claim against any grantor of a Subsidiary Guarantee for contribution.
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