Subsidiary Payment. The amount of contribution payable under this Section by any Guarantor shall be reduced by the amount of any contribution paid hereunder by a Subsidiary of such Guarantor.
Appears in 8 contracts
Sources: Credit Agreement (Varco International Inc /De/), Guaranty and Contribution Agreement (Lasalle Hotel Properties), Guaranty and Contribution Agreement (Interstate Hotels & Resorts Inc)
Subsidiary Payment. The amount of contribution payable under this Section 9 by any Guarantor shall be reduced by the amount of any contribution paid hereunder by a Subsidiary of such Guarantor.
Appears in 7 contracts
Sources: Senior Unsecured Term Loan Agreement (LaSalle Hotel Properties), Senior Unsecured Credit Agreement (LaSalle Hotel Properties), Senior Unsecured Term Loan Agreement (LaSalle Hotel Properties)
Subsidiary Payment. The amount of contribution payable under this ------------------ Section by any Guarantor shall be reduced by the amount of any contribution paid hereunder by a Subsidiary of such Guarantor.
Appears in 4 contracts
Sources: Subordinate Unsecured Credit Agreement (American General Hospitality Corp), Credit Agreement (American General Hospitality Corp), Senior Unsecured Credit Agreement (American General Hospitality Corp)
Subsidiary Payment. The amount of contribution payable under this Section 9.05 by any Guarantor shall be reduced by the amount of any contribution paid hereunder by a Subsidiary of such Guarantor.
Appears in 3 contracts
Sources: Credit Agreement (Arkansas Best Corp /De/), Credit Agreement (Arkansas Best Corp /De/), Credit Agreement (Arkansas Best Corp /De/)
Subsidiary Payment. The amount of contribution payable under this Section Contribution Agreement by any Guarantor with respect to the Guarantee Agreement shall be reduced by the amount of any contribution paid hereunder by a Subsidiary of such GuarantorGuarantor with respect to the Guarantee Agreement.
Appears in 2 contracts
Sources: Note Purchase Agreement (Ryans Family Steakhouses Inc), Senior Notes Agreement (Hughes Supply Inc)
Subsidiary Payment. The amount of contribution payable under this Section Agreement by any Guarantor Contributor shall be reduced by the amount of any contribution paid hereunder by a Subsidiary guarantor of such GuarantorContributor.
Appears in 1 contract
Sources: Credit, Security and Guaranty Agreement (Actava Group Inc)
Subsidiary Payment. The amount of contribution payable under this Section Agreement by any Guarantor shall be reduced by the amount of any contribution paid hereunder by a Subsidiary of such Guarantor.
Appears in 1 contract
Sources: Subrogation and Contribution Agreement (BMG North America LTD)