Extent of Liability; Contribution. (a) Notwithstanding anything herein to the contrary, each US Borrower’s liability under this Section 5.11 shall not exceed the greater of (i) all amounts for which such US Borrower is primarily liable, as described in clause (e) below, and (ii) such US Borrower’s Allocable Amount.
Appears in 4 contracts
Samples: Loan, Guaranty and Security Agreement (Turtle Beach Corp), Loan, Guaranty and Security Agreement (Parametric Sound Corp), Loan, Guaranty and Security Agreement (Parametric Sound Corp)
Extent of Liability; Contribution. (a) Notwithstanding anything herein to the contrary, each US U.S. Borrower’s liability under this Section 5.11 5.12 shall not exceed the greater of (i) all amounts for which such US U.S. Borrower is primarily liable, as described in clause (ec) below, and (ii) such US U.S. Borrower’s Allocable Amount.
Appears in 2 contracts
Samples: Guaranty and Security Agreement (Guess Inc), Loan, Guaranty and Security Agreement (Guess Inc)
Extent of Liability; Contribution. (a) Notwithstanding anything herein to the contrary, each US U.S. Borrower’s liability under this Section 5.11 shall not exceed be limited to the greater of (i) all amounts for which such US U.S. Borrower is primarily liable, as described in clause (e) below, and (ii) such US U.S. Borrower’s Allocable Amount.
Appears in 2 contracts
Samples: Loan and Security Agreement (Spherion Corp), Loan and Security Agreement (United Natural Foods Inc)
Extent of Liability; Contribution. (a) Notwithstanding anything herein to the contrary, each US U.S. Borrower’s 's liability under this Section 5.11 5.12 shall not exceed the greater of (i) all amounts for which such US U.S. Borrower is primarily liable, as described in clause (ec) below, and (ii) such US U.S. Borrower’s 's Allocable Amount.
Appears in 2 contracts
Samples: Guaranty and Security Agreement (Guess Inc), Loan, Guaranty and Security Agreement (Guess Inc)
Extent of Liability; Contribution. (a) Notwithstanding anything herein to the contrary, each US Borrower’s liability under this Section 5.11 shall not exceed the greater of (i) all amounts for which such US Borrower is primarily liable, as described in clause (ed) below, and (ii) such US Borrower’s Allocable Amount.
Appears in 1 contract
Samples: Guaranty and Security Agreement (Turtle Beach Corp)
Extent of Liability; Contribution. (a) Notwithstanding anything herein to the contrary, each US Borrower’s liability under this Section 5.11 shall not exceed the greater of (i) all amounts for which such US Borrower is primarily liable, as described in clause (ec) below, and (ii) such US Borrower’s Allocable Amount.
Appears in 1 contract
Samples: Term Loan, Guaranty and Security Agreement (Turtle Beach Corp)
Extent of Liability; Contribution. (ai) Notwithstanding anything herein to the contrary, each US Borrower’s liability under this Section 5.11 2.20 shall not exceed be limited to the greater of (iA) all amounts for which such US Borrower is primarily liable, as described in clause (e) below, and (iiB) such US Borrower’s Allocable Amount.
Appears in 1 contract
Samples: Senior Secured Revolving Facilities Credit Agreement (Chemtura CORP)
