Scope of the Guarantee. The scope of this pledge guarantee includes the loan principal hereunder and interest, penalty interest, compound interest, default damages and other fees incurred by the creditor to realize the creditor claims.
Scope of the Guarantee. Pursuant to Section 1702(j) of Title XVII, the Guarantee is entitled to the full faith and credit of the United States of America. The Guarantee constitutes a guarantee of payment and not of collection. In no event shall the liability of DOE on the Guarantee extend to any amount which is not a Guaranteed Amount. For the avoidance of doubt, the Guarantee shall not extend to the repayment, in whole or in part, of any fees, costs, expenses, make-whole amounts, prepayment premiums, breakage costs, indemnified liabilities, Default Interest or any other amounts (other than the Guaranteed Amounts) payable under the Loan Agreement or any Note (collectively, “Excluded Amounts”).
Scope of the Guarantee. The guarantee scope under this contract is up to 15 million RMB liabilities out of the total credit of 100 million RMB by the credit contract number Xxxx Xx Xx Xxxx ZongZhi 20120412004. The liabilities include the principal, interest, default interest, and expense related to collect the liabilities.
Scope of the Guarantee. The surety bond shall cover all legal and/or contractual increases in the Lease and any adjustments to increase the Rent Amount during the term or any extension of this Agreement, as well as any increases arising from a “rent adjustment action” under article 19 of Law No. 8245 of October 18, 1991, any provisional determination of the rent, any changes in the periodicity of and/or increases in the rent as a result of future legal provisions, and in the event of any amicable settlement with the Lessee to adjust the Rent Amount or any agreement.
Scope of the Guarantee. Pursuant to Section 1702(j) of Title XVII, the Guarantee is entitled to the full faith and credit of the United States of America. The Guarantee constitutes a guarantee of payment and not of collection. In no event shall the liability of the Guarantor on the Guarantee extend to any amount which is not a Guaranteed Amount. The Guarantee shall not extend to the repayment, in whole or in part, of any fees, costs, expenses, make-whole amounts, liquidation costs, prepayment premiums, breakage costs, indemnified liabilities, default interest, Post-ARD Additional Interest Amounts or any other non-specified amounts (in each case, other than the Guaranteed Amounts) payable to the Lender under the Guaranteed Loan, the Loan Note or any other Series Securitization Document (“Excluded Amounts”).
Scope of the Guarantee. The scope of the guarantee includes the principal of creditor’s right, interest, default interest, compound interest, penalty, compensation for damage, litigation (arbitration) fee, lawyer fee, deposition fee, title transfer fee and all the expenses arising from the realization of the creditor’s rights and mortgage rights by the Mortgagee. Regarding part exceeding the maximum amount due to change of currency rate, the Mortgagor shall bear the responsibility of guarantee of its own will.
Scope of the Guarantee. Wall hereby guarantees the performance by Ridgewood of all of the terms of the Note.
Scope of the Guarantee. From and after the Closing Date and subject to the provisions of this Article, the Guarantors, acting jointly and severally (solidairement et conjointement), undertake to indemnify the Investors in respect of any of the following ("DAMAGE" or "DAMAGES"):
(i) any liability or loss incurred or sustained by the Company which should have been, but which was not, accounted for (or, if accounted for, which was insufficiently accounted for) in the Financial Accounts, and which was not subject to any reserve (or, if subject to a reserve, was subject to an insufficient reserve), in the Financial Accounts, in each case to the extent the origin or cause is found in, or which otherwise results from, an event that occurred or a circumstance that existed prior to the Closing Date, excluding any liability or loss that was incurred or sustained by the Company in the ordinary course (including in connection with the transactions contemplated in the Transaction Documents);
(ii) any claim, liability, loss, expense (including legal and accounting expense) or damages incurred or sustained by the Company, relating to or arising out of any inaccuracy in any representation or warranty contained in this Agreement and relating to any event occurring or any condition existing at or prior to the Closing Date; and
(iii) any amounts required to be paid by the Company as a result of in in relation to the tax audit disclosed on SCHEDULE 2.10.
1. provided, that in no event shall the Guarantors be deemed to provide any guarantee whatsoever with respect to the amount of tax loss carryforwards included in the Financial Accounts. With respect to any Damage, the Guarantors shall pay to each Investor a percentage of such Damage equal to the percentage ownership of such Investor in the capital of the Company as set forth opposite such Investor's name on SCHEDULE 3.1 hereto. As an exception to the above, the Guarantors, acting jointly and severally, undertake to pay to the Investors 100% of the amount of any Damage imposed upon or incurred by the Investors, relating to or arising out of, directly or indirectly, any inaccuracy or breach of the representation and warranty contained in Section 2.4 of this Agreement.
Scope of the Guarantee. Under the terms of this Guarantee, we shall only be liable for claims that do not exceed the maximum amount stated above. We shall only be obliged to make payments in cash for claims arising from this Guarantee.
Scope of the Guarantee. 1.1. The Guarantee shall cover all loans designated by the Bank as PIL Loans and all guarantees designated by the Bank as PIL Guarantees in accordance with Section 8 of the Statutes of the Bank. The Guarantee shall cover all PIL Loans, which are outstanding from time to time and all PIL Guarantees in force from time to time.
1.2. The Guarantor guarantees on demand and jointly and severally with the Other Guarantors to the Bank the due and punctual observance and performance of each borrower of its financial obligations under the relevant PIL Loan, including interest for delay and legal fees and other costs in connection with enforcing the Bank's claims against the borrower, as well as the Bank's financial obligations under the PIL Guarantees on the following terms:
(i) The aggregate amount of the liability of the Guarantors shall be limited to the aggregate amount of ninety (90) per cent of the Bank's claims in relation to PIL Loans and PIL Guarantees outstanding from time to time;
(ii) The Bank shall bear a risk of at least ten (10) per cent in connection with PIL Loans and the beneficiary under the PIL Guarantees shall bear an excess risk of at least ten (10) per cent in connection with PIL Guarantees;
(iii) The maximum total liability of the Guarantors amounts to one billion eight hundred million euros (EUR 1,800,000,000) and the total PIL Facility to four billion euros (EUR 4,000,000,000).1 The aggregate amount of the liability of the Guarantor shall not exceed thirty-five million one hundred eight thousand four hundred forty-one euros and fifty cents (EUR 35,108,441.50).2 The liability of the Guarantor shall be successively decreased by the payments made by the Guarantor to the Bank under this Guarantee Agreement and shall correspondingly be successively increased if any funds are recovered from the borrower on a defaulted PIL Loan or PIL Guarantee back to the Guarantors.
1.3. The Bank may in any particular case at its sole discretion decide to cover a larger portion than ten (10) per cent of any amount due and outstanding in relation to a PIL Loan or a portion of its liability in connection with a PIL Guarantee by making use of available funds allocated to a special credit risk fund (the “Fund”) for PIL Loans and PIL Guarantees, in accordance with Section 8 of the Statutes of the Bank, to which Fund the Bank makes allocations to the extent the Bank deems necessary.3
