Limitation on Obligations of Subsidiary Guarantors. The obligations of each Subsidiary Guarantor hereunder shall be limited to an aggregate amount equal to the largest amount that would not render such guarantee subject to avoidance under Section 548 of the United States Bankruptcy Code or any comparable provisions of applicable law.(1)
Appears in 2 contracts
Sources: Note Purchase Agreement (Ecolab Inc), Note Purchase Agreement (Ecolab Inc)
Limitation on Obligations of Subsidiary Guarantors. The obligations of each Subsidiary Guarantor hereunder shall be limited to an aggregate amount equal to the largest amount that would not render such guarantee subject to avoidance under Section 548 of the United States Bankruptcy Code or any comparable provisions of applicable law.(1)such
Appears in 2 contracts
Sources: Term Loan Credit Agreement (Ecolab Inc), 364 Day Credit Agreement (Ecolab Inc)
Limitation on Obligations of Subsidiary Guarantors. The obligations of each Subsidiary Guarantor hereunder under its Secured Guarantee shall be limited to an aggregate amount equal to the largest amount that would not render such guarantee Secured Guarantee subject to avoidance under Section 548 of the United States Bankruptcy Code or any comparable provisions of applicable law.(1)law.
Appears in 1 contract
Sources: Guarantee and Collateral Agreement (AerCap Holdings N.V.)