Common use of Belgian Guarantee Limitation Clause in Contracts

Belgian Guarantee Limitation. In the case of a Belgian Guarantor, with respect to the obligations of any Obligor which is not a Subsidiary of such Belgian Guarantor, its liability under this Clause 18 (Guarantee and indemnity) shall be limited, at any time, to a maximum aggregate amount equal to the greater of:

Appears in 3 contracts

Samples: Facility Agreement (Sappi LTD), Facility Agreement (Sappi LTD), Credit Agreement (Sappi LTD)

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Belgian Guarantee Limitation. In the case of a Belgian Guarantor, with respect to the obligations of any Obligor which is not a Subsidiary of such Belgian Guarantor, its liability under this Clause 18 (Guarantee and indemnity) 17.11 shall be limited, at any time, to a maximum aggregate amount equal to the greater of:

Appears in 2 contracts

Samples: Amending Agreement (Sappi LTD), Amending Agreement (Sappi LTD)

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Belgian Guarantee Limitation. (a) In the case of a Belgian Guarantor, with respect to the obligations of any Obligor which is not a Subsidiary of such Belgian Guarantor, Guarantor its liability under this Clause 18 (Guarantee and indemnity) shall be limited, at any time, to a maximum aggregate amount equal to the greater of:

Appears in 1 contract

Samples: Intercreditor Agreement (Sappi LTD)

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