Common use of Extent of Liability; Contribution Clause in Contracts

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

Appears in 2 contracts

Samples: Loan and Security Agreement (Americas Carmart Inc), Loan and Security Agreement (Americas Carmart Inc)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Americas Carmart Inc)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Americas Carmart Inc)

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