Common use of Limitations on Obligations of European Credit Parties Clause in Contracts

Limitations on Obligations of European Credit Parties. Notwithstanding anything set forth in this Agreement or any other Loan Document to the contrary, other than as may be required under Section 2.7(d), no European Credit Party shall at any time be liable for any portion of the principal of the US Term Loans or US Revolving Loan or any interest thereon or Fees payable with respect thereto (and the US Credit Parties are liable for such Obligations), and no assets of any European Credit Party shall at any time serve, directly or indirectly, as security for any portion of the principal of the US Term Loans or US Revolving Loan or any interest thereon or any Fees payable with respect thereto.

Limitations on Obligations of European Credit Parties. Notwithstanding anything set forth in this Agreement or any other Loan Document Documents to the contrary, other than as may be required under by Section 2.7(d)5.11, no European Credit Party shall at any time be liable for any portion of the principal of the US Term Loans or Loan, the US Revolving Loan or any interest thereon or Fees or in respect of Indemnified Liabilities payable with respect thereto (and the US Credit Parties are solely liable for such Obligations), and no assets of any European Credit Party shall at any time serve, directly or indirectly, as security for any portion of the principal of the US Term Loans or Loan, the US Revolving Loan or any interest thereon or any Fees or in respect of Indemnified Liabilities payable with respect thereto.

Limitations on Obligations of European Credit Parties. Notwithstanding anything set forth in this Agreement or any other Loan Document Documents to the contrary, other than as may be required under Section 2.7(d)by SECTION 5.11, no European Credit Party shall at any time be liable for any portion of the principal of the US Term Loans or US Revolving Loan or any interest thereon or Fees or in respect of Indemnified Liabilities payable with respect thereto (and the US Credit Parties are solely liable for such Obligations), and no assets of any European Credit Party shall at any time serve, directly or indirectly, as security for any portion of the principal of the US Term Loans or US Revolving Loan or any interest thereon or any Fees or in respect of Indemnified Liabilities payable with respect thereto.