Common use of Guaranty Limit Clause in Contracts

Guaranty Limit. Except as expressly provided in this Paragraph 2, the liability of Guarantor hereunder shall not exceed an aggregate amount equal to *** in US dollars for principal, plus all interest that has accrued on any amount owed hereunder, to be paid to PG&E, its successors and assigns, and Guarantor hereby binds itself, its heirs, executors, administrators, successors and assigns, jointly and severally. In addition to the amounts for which payment is guaranteed hereunder, Guarantor agrees to pay reasonable attorneys’ fees and all other costs and expenses incurred by PG&E in enforcing this agreement or any action or proceeding arising out of or relating to this agreement.

Appears in 2 contracts

Samples: Demand Response Purchase Agreement (Comverge, Inc.), Demand Response Purchase Agreement (Comverge, Inc.)

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Guaranty Limit. Except as expressly provided in this Paragraph 2, the The liability of Guarantor hereunder shall not exceed an aggregate amount equal to *** at any one time the sum of $_______ in US dollars for principal, plus all interest that has accrued on any amount owed hereunder, to be paid to PG&E, its successors and assigns, and Guarantor hereby binds itself, its heirs, executors, administrators, successors and assigns, jointly and severally. In addition to the amounts for which payment is guaranteed hereunder, Guarantor agrees to (a) pay reasonable attorneys’ fees and all other costs and expenses incurred by PG&E in enforcing this agreement or any action or proceeding arising out of or relating to this agreement.agreement and (b) to perform any and all of Principal’s Obligations upon demand for the same by PG&E.

Appears in 2 contracts

Samples: Demand Response Purchase Agreement, Demand Response Purchase Agreement

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Guaranty Limit. Except as expressly provided in this Paragraph 2, the The liability of Guarantor hereunder shall not exceed an aggregate amount equal to *** at any one time the sum of $ in US dollars for principal, plus all interest that has accrued on any amount owed hereunder, to be paid to PG&E, its successors and assigns, and Guarantor hereby binds itself, its heirs, executors, administrators, successors and assigns, jointly and severally. In addition to the amounts for which payment is guaranteed hereunder, Guarantor agrees to (a) pay reasonable attorneys’ fees and all other costs and expenses incurred by PG&E in enforcing this agreement or any action or proceeding arising out of or relating to this agreement.agreement and (b) to perform any and all of Principal’s Obligations upon demand for the same by PG&E.

Appears in 1 contract

Samples: Demand Response Purchase Agreement

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