Common use of Limitation on Liability; Termination, Release and Discharge Clause in Contracts

Limitation on Liability; Termination, Release and Discharge. (a) The obligations of the Additional Subsidiary Guarantor hereunder shall be limited to the maximum amount as shall, after giving effect to all other contingent and fixed liabilities of the Additional Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to its contribution obligations under the Indenture, result in the Guaranteed Obligations not constituting a fraudulent conveyance, fraudulent transfer or similar illegal transfer under applicable law.

Appears in 3 contracts

Samples: Indenture (Arcos Dorados Holdings Inc.), Indenture (Arcos Dorados Holdings Inc.), Indenture (Arcos Dorados Holdings Inc.)

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Limitation on Liability; Termination, Release and Discharge. (a) The obligations of the Additional each Subsidiary Guarantor hereunder shall be limited to the maximum amount as shall, after giving effect to all other contingent and fixed liabilities of the Additional such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to its contribution obligations under the this Indenture, result in the Guaranteed Obligations not constituting a fraudulent conveyance, fraudulent transfer or similar illegal transfer under applicable law.

Appears in 3 contracts

Samples: Indenture (Arcos Dorados Holdings Inc.), Indenture (Arcos Dorados Holdings Inc.), Indenture (Arcos Dorados Holdings Inc.)

Limitation on Liability; Termination, Release and Discharge. (a) The obligations of the Additional each Subsidiary Guarantor hereunder shall will be limited to the maximum amount as shallwill, after giving effect to all other contingent and fixed liabilities of the Additional such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Note Guarantee or pursuant to its contribution obligations under the this Indenture, result in the Guaranteed Obligations not constituting a fraudulent conveyance, fraudulent transfer or similar illegal transfer under applicable law.

Appears in 3 contracts

Samples: Indenture (Homex Development Corp.), Indenture (Homex Development Corp.), Homex Development Corp.

Limitation on Liability; Termination, Release and Discharge. (a) The obligations of the Additional each Subsidiary Guarantor hereunder shall be limited to the maximum amount as shall, after giving effect to all other contingent and fixed liabilities of the Additional such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to its contribution obligations under the this Indenture, result in the Guaranteed Obligations not constituting a fraudulent conveyance, fraudulent transfer or similar illegal transfer under applicable law.

Appears in 2 contracts

Samples: Indenture (Alestra), Indenture (Arcos Dorados Holdings Inc.)

Limitation on Liability; Termination, Release and Discharge. (a) The obligations Obligations of the Additional each Subsidiary Guarantor hereunder shall will be limited to the maximum amount as shallwill, after giving effect to all other contingent and fixed liabilities of the Additional such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations Obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to its contribution obligations under the this Indenture, result in the Guaranteed Obligations of such Subsidiary Guarantor under its Subsidiary Guarantee not constituting a fraudulent conveyance, conveyance or fraudulent transfer or similar illegal transfer under applicable law.. In addition,

Appears in 1 contract

Samples: LDK Solar Co., Ltd.

Limitation on Liability; Termination, Release and Discharge. (a) The obligations of the Additional each Subsidiary Guarantor hereunder shall be limited to the to the maximum amount as shall, after giving effect to all other contingent and fixed liabilities of the Additional such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to its contribution obligations under the this Indenture, result in not render the Guaranteed Obligations not constituting a subject to avoidance under applicable fraudulent conveyance, fraudulent transfer or similar illegal transfer under conveyance provisions of applicable law.

Appears in 1 contract

Samples: Yojne S.A.

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Limitation on Liability; Termination, Release and Discharge. (a) The obligations of the Additional Subsidiary Guarantor hereunder shall be limited to the maximum amount as shall, after giving effect to all other contingent and fixed liabilities of the Additional Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor (if any) in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to its contribution obligations under the Indentureits Subsidiary Guarantee, result in the Guaranteed Obligations not constituting a fraudulent conveyance, fraudulent transfer or similar illegal transfer under applicable law.

Appears in 1 contract

Samples: Indenture (Grupo Financiero Galicia Sa)

Limitation on Liability; Termination, Release and Discharge. (a) The obligations of the Additional each Subsidiary Guarantor hereunder shall be limited to the maximum amount as shall, after giving effect to all other contingent and fixed liabilities of the Additional such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Note Guarantee or pursuant to its contribution obligations under the this Indenture, result in the Guaranteed Obligations such obligations not constituting a fraudulent conveyance, fraudulent transfer or similar illegal transfer under applicable lawlaw and not violating applicable corporate benefit, financial assistance, thin capitalization or similar laws.

Appears in 1 contract

Samples: sec.report

Limitation on Liability; Termination, Release and Discharge. (a) The obligations of the Additional Subsidiary Guarantor hereunder shall be limited to the maximum amount as shall, after giving effect to all other contingent and fixed liabilities of the Additional Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to its contribution obligations under the Indenture, result in the Guaranteed Obligations not constituting a fraudulent conveyance, fraudulent transfer or similar illegal transfer under applicable law.

Appears in 1 contract

Samples: Indenture (Arcos Dorados Holdings Inc.)

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