Common use of Guarantee Limits Clause in Contracts

Guarantee Limits. Guarantor’s obligations under Section 2(a) of this Guarantee in the aggregate shall be limited to the amounts shown below with respect to sums as payable by HEP to HELCO pursuant to the PPA as the result of events or circumstances during the period shown opposite such amounts: Period Amount From the Agreement Date to the End of Term $ 3,000,000

Appears in 2 contracts

Samples: Guarantee Agreement (Hawaiian Electric Industries Inc), Consent and Agreement (Hawaiian Electric Industries Inc)

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Guarantee Limits. Guarantor’s obligations under Section 2(a) of this Guarantee in the aggregate shall be limited to the amounts shown below with respect to sums as payable by HEP to HELCO pursuant to the PPA as the result of events or circumstances during the period shown opposite such amounts: Period Amount From the Agreement Date to the End of Term $ 3,000,000Period

Appears in 1 contract

Samples: Guarantee Agreement (Hawaiian Electric Industries Inc)

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Guarantee Limits. Guarantor’s obligations under Section 2(a) of this Guarantee hereof in the aggregate shall be limited to the amounts shown below with respect to sums as payable by HEP to HELCO pursuant to the PPA as the result of events or circumstances during the period shown opposite such amounts: Period Amount From the Agreement Date to the End of Term $ 3,000,000Period

Appears in 1 contract

Samples: Guarantee Agreement (Hawaiian Electric Industries Inc)

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