Limitation on Certain Obligations Sample Clauses

Limitation on Certain Obligations. If, at the time of any assignment or transfer by a Bank, circumstances exist which would oblige any Shareholder to pay to the assignee or transfer under Clause 7(A) any sum in excess of the sum (if any) which it would have been obliged to pay to that Bank under that Clause in the absence of that assignment or transfer, that Shareholder shall not be obliged to pay that excess.
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Limitation on Certain Obligations. (a) If, at the time of any novation or change in lending office by any Funder circumstances exist which would oblige the Borrowers to pay to the Substitute (or, in the case of change in lending office, the relevant Funder) under clauses 10.1, 10.5 or 16 any sum in excess of the sum (if any) which they could have been obliged to pay to that Funder under the relevant clause in the absence of that novation or change of lending office, the Borrowers shall not be obliged to pay that excess;
Limitation on Certain Obligations. If, at the time of any assignment or transfer by a Secured Party, circumstances exist which would oblige any Shareholder to pay to the assignee or transferee under Clause 8(A) any sum in excess of the sum (if any) which it would have been obliged to pay to that Secured Party under that Clause in the absence of that assignment or transfer, that Shareholder shall not be obliged to pay that excess.
Limitation on Certain Obligations. If, at the time of any assignment, novation or change in lending office by any Bank, circumstances exist which would oblige the Borrower to pay to the Assignee, Substitute (or, in the case of change in lending office, the relevant Bank) under clauses 8.7 or 16.2 any sum in excess of the sum (if any) which it could have been obliged to pay to that Bank under the relevant clause in the absence of that novation or change of lending office, the Borrower shall not be obliged to pay that excess.
Limitation on Certain Obligations. The Company will not at any time permit the sum of (w) obligations secured by Liens allocated by the Company to the category described in paragraph 6A(i)(a) hereof, (x) obligations secured by Liens allocated by the Company to the category described in paragraph 6A(i)(c) hereof, (y) obligations secured by Liens allocated by the Company to the category described in paragraph 6A(i)(d) hereof which obligations were incurred on or subsequent to February 2, 1990, and (z) Combined Subsidiary Debt, in each case at such time, to exceed fifteen percent (15%) of Consolidated Tangible Net Worth at such time.
Limitation on Certain Obligations. If, at the time any transfer or change in lending office by any Lender becomes effective, circumstances exist which would oblige any Obligor to pay to the Transferee (or, in the case of change in lending office, the relevant Lender) under clauses 18.1 or 23 any sum in excess of the sum (if any) which it could have been obliged to pay to the Lender under the relevant clause in the absence of that transfer or change of lending office, such Obligor shall not be obliged to pay that excess.
Limitation on Certain Obligations. If, at the time of any assignment or transfer by a Bank, circumstances exist which would oblige ATI to pay to the assignee or transfer under Clause 5(A) any sum in excess of the sum (if any) which it would have been obliged to pay to that Bank under that Clause in the absence of that assignment or transfer, ATI shall not be obliged to pay that excess.
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Limitation on Certain Obligations. If, at the time of any assignment or transfer by a Bank, circumstances exist which would oblige HP to pay to the assignee or transfer under Clause 5(A) any sum in excess of the sum (if any) which it would have been obliged to pay to that Bank under that Clause in the absence of that assignment or transfer, HP shall not be obliged to pay that excess.
Limitation on Certain Obligations. If, at the time of any assignment or transfer by a Bank, circumstances exist which would oblige CSM to pay to the assignee or transferee under Clause 6.1 any sum in excess of the sum (if any) which it would have been obliged to pay to that Bank under that Clause in the absence of that assignment or transfer, CSM shall not be obliged to pay that excess.
Limitation on Certain Obligations. If, at the time of any assignment or transfer by a Secured Party, circumstances exist which would oblige CSM to pay to the assignee or transferee under Clause 7.1 any sum in excess of the sum (if any) which it would have been obliged to pay to that Secured Party under that Clause in the absence of that assignment or transfer, CSM shall not be obliged to pay that excess.
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