Common use of Belgian Guarantee Limitation Clause in Contracts

Belgian Guarantee Limitation. The guarantee, indemnity and other obligations of a Belgian Guarantor under this Clause 19 shall not include any liability which would constitute unlawful financial assistance within the meaning of Article 629 (or its equivalent) of the Belgian Companies Code and shall be limited, at any time, to a maximum aggregate amount equal to the greater of:

Belgian Guarantee Limitation. The Notwithstanding any other provision of this Clause 19 (Guarantee and Indemnity), the guarantee, indemnity and other obligations of a any Belgian Guarantor under expressed to be assumed in this Clause 19 (Guarantee and Indemnity) shall not include any liability which would constitute unlawful financial assistance within the meaning of Article 629 (or its equivalent) of the Belgian Companies Code Company Code, and shall be limitedsubject to any limitation (based, at any timeinter alia, to a maximum aggregate amount equal to on corporate benefit rules) as set out in the greater of:Accession Letter of such Belgian Guarantor and agreed by the Agent (acting reasonably).