Common use of Extent of Liability; Contribution Clause in Contracts

Extent of Liability; Contribution. (a)Notwithstanding anything herein to the contrary, each Loan Party’s liability under this Section 5.11 shall be limited to the greater of (i) all amounts for which such Loan Party is primarily liable, as described below, and (ii) such Loan Party’s Allocable Amount.

Appears in 2 contracts

Samples: Loan, Security and Guaranty Agreement (Transport America, Inc.), Loan, Security and Guaranty Agreement (Transport America, Inc.)

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Extent of Liability; Contribution. (a)Notwithstanding a) Notwithstanding anything herein to the contrary, each Loan Party’s liability under this Section 5.11 5.9 shall be limited to the greater of (i) all amounts for which such Loan Party is primarily liable, as described below, and (ii) such Loan Party’s Allocable Amount.

Appears in 1 contract

Samples: Loan and Security Agreement (Craftmade International Inc)

Extent of Liability; Contribution. (a)Notwithstanding a) Notwithstanding anything herein to the contrary, each Loan Party’s 's liability under this Section 5.11 11 shall be limited to the greater of (iA) all amounts for which such Loan Party is primarily liable, as described below, below and (iiB) such Loan Party’s 's Allocable Amount.

Appears in 1 contract

Samples: Credit Agreement (Freds Inc)

Extent of Liability; Contribution. (a)Notwithstanding a) Notwithstanding anything herein to the contrary, each Loan Party’s liability under this Section 5.11 5.10 shall be limited to not exceed the greater of (i) all amounts for which such Loan Party is primarily liable, as described in clause (c) below, and (ii) such Loan Party’s Allocable Amount.

Appears in 1 contract

Samples: Credit Agreement (Wausau Paper Corp.)

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Extent of Liability; Contribution. (a)Notwithstanding a) Notwithstanding anything herein to the contrary, each Loan Party’s liability under this Section 5.11 shall be limited to the greater of (i) all amounts for which such Loan Party is primarily liable, as described below, and (ii) such Loan Party’s Allocable Amount.

Appears in 1 contract

Samples: Loan and Security Agreement (Global Crossing LTD)

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