Examples of Guaranteed Payment Amount in a sentence
Nothing to the contrary contained herein or in any other Loan Document, Guarantor's liability under this Guaranty is limited to payment of the Guaranteed Payment Amount (as defined below).
Upon payment of the Liquidation Preference and the Liquidation Guaranteed Payment Amount to the Members holding Preferred Units, the Preferred Units shall no longer be deemed outstanding interests of the Company and all rights of the Members with respect to such interests will terminate.
Upon payment of such unpaid portion of the Guaranteed Payment Amount in connection with the consummation of the Change of Control or Liquidation, Purchaser and its Affiliates shall have no further obligations under this Agreement to Seller.
In addition to the Guaranteed Payment Amount set forth in ------ Section 4.1 above, ICP shall execute and deliver to AOL on or before September 21, 1999 a Subscription Agreement in substantially the form attached hereto as Exhibit H, pursuant to which ICP shall issue to AOL as additional consideration under this Agreement such number of shares of ICP common stock as shall equal Two Million Dollars ($2,000,000.00) divided by the ICP Stock Price.
In no event shall Purchaser’s Guarantor’s aggregate liability under this Section 9 exceed an amount equal to the Guaranteed Payment Amount minus any portion of the Guaranteed Payment Amount previously paid to Seller.