Limitation on Guaranty. Notwithstanding anything to the contrary contained herein, in no event shall Guarantor's obligation under this Guaranty with respect to the Obligations exceed an amount equal to the outstanding Maximum Obligation (as defined in the Keep Well) of TASL under the Keep Well; provided, however, that nothing in this Section 2.10 shall limit Guarantor's obligations or liabilities in respect of the representations, warranties and covenants of Guarantor set forth in this Guaranty. Except as expressly set forth in this Guaranty, Guarantor shall have no obligation with respect to the Note.
Appears in 4 contracts
Samples: Guaranty (Polaris Aircraft Income Fund Iv), Guaranty (Polaris Aircraft Income Fund V), Guaranty (Polaris Aircraft Income Fund Ii)
