Common use of Unrecouped Guarantees Clause in Contracts

Unrecouped Guarantees. Except in the case of a termination pursuant to Section 15.01(h) (Hasbro Material Breach), the Company shall pay to Hasbro any Unrecouped Guarantees at the consummation of the Sale; provided that, for the avoidance of doubt, no such Unrecouped Guarantees shall be payable to Hasbro in the case of a termination pursuant to Section 15.01(e) or at the consummation of any other Sale after the Recoupment End Date (except that this clause (6) shall not affect the Company’s obligation to pay any amounts payable pursuant to Section 1.03(d) of Schedule D); and

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Hasbro Inc), Limited Liability Company Agreement (Hasbro Inc)

AutoNDA by SimpleDocs

Unrecouped Guarantees. Except in the case of a termination pursuant to Section 15.01(h) (Hasbro Material Breach), the Company shall pay to Hasbro any Unrecouped Guarantees at the consummation of the Sale; provided that, for the avoidance of doubt, no such Unrecouped Guarantees shall be payable to Hasbro in the case of a termination pursuant to Section 15.01(e) or at the consummation of any other Sale after the Recoupment End Date (as such term is defined in Schedule D) (except that this clause (67) shall not affect the Company’s obligation to pay any amounts payable pursuant to Section 1.03(d) of Schedule D); and

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Hasbro Inc), Limited Liability Company Agreement (Hasbro Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!