Guaranty Obligations. Unless otherwise specified, the amount of any Guaranty Obligation shall be the lesser of the principal amount of the obligations guaranteed and still outstanding and the maximum amount for which the guaranteeing Person may be liable pursuant to the terms of the instrument embodying such Guaranty Obligation.
Appears in 33 contracts
Samples: Credit Agreement (Aci Worldwide, Inc.), Term Loan Credit Agreement (Beacon Roofing Supply Inc), Term Loan Credit Agreement (Beacon Roofing Supply Inc)
Guaranty Obligations. Unless otherwise specified, the amount of any Guaranty Obligation shall be the lesser lessor of the principal amount of the obligations guaranteed and still outstanding and the maximum amount for which the guaranteeing Person may be liable pursuant to the terms of the instrument embodying such Guaranty Obligation.
Appears in 10 contracts
Samples: Credit Agreement (Kronos Worldwide Inc), Credit Agreement (UNITED THERAPEUTICS Corp), Credit Agreement (Buffalo Wild Wings Inc)
Guaranty Obligations. Unless otherwise specified, the amount of any Guaranty Obligation shall be equal to the lesser of the principal amount of the obligations Indebtedness guaranteed or otherwise supported and still outstanding and the maximum reasonably anticipated amount for which the guaranteeing Person may be liable pursuant to the terms of the instrument embodying such Guaranty ObligationObligation as determined by the guaranteeing Person in good faith.
Appears in 2 contracts
Samples: Credit Agreement (CST Brands, Inc.), Credit Agreement (CST Brands, Inc.)
Guaranty Obligations. Unless otherwise specified, the amount of any Guaranty Obligation shall will be the lesser of the principal amount of the obligations guaranteed and still outstanding and the maximum amount for which the guaranteeing Person may be liable pursuant to the terms of the instrument embodying such Guaranty Obligation.
Appears in 1 contract
Samples: Credit Agreement (Opentable Inc)
Guaranty Obligations. Unless otherwise specified, the amount of any Guaranty Obligation shall be the lesser of the Dollar Amount of the principal amount of the obligations guaranteed and still outstanding and the maximum amount Dollar Amount for which the guaranteeing Person may be liable pursuant to the terms of the instrument embodying such Guaranty Obligation.
Appears in 1 contract
Samples: Credit Agreement (Global Power Equipment Group Inc.)
Guaranty Obligations. Unless otherwise specified, the amount of any Guaranty Obligation shall be the lesser of the principal amount of the obligations guaranteed and still outstanding and the maximum amount for which the guaranteeing Person may be liable pursuant to the terms of the instrument embodying such Guaranty Obligation, as determined reasonably and in good faith by the Chief Financial Officer of the Parent.
Appears in 1 contract
