Guaranty Percentage definition

Guaranty Percentage shall equal the quotient of (i) such Guarantor’s Maximum Liability (as listed opposite the Guarantors’ names on Exhibit A attached hereto) over (ii) the Aggregate Maximum Liability. Notwithstanding anything to the contrary in the foregoing, the maximum amount of each Guarantor’s liability hereunder shall in no event be greater than the “Maximum Liability” listed opposite the Guarantor’s name on Exhibit A attached hereto, and under no circumstances shall a Guarantor be obligated to pay an aggregate amount under this Guaranty in excess of such Guarantor’s Maximum Liability. The obligations of each Guarantor hereunder are separate and distinct from the obligations of any other Guarantor hereunder and are not joint and several.

Guaranty Percentage shall have the same meaning as in the applicable Liquidation Sales Agreement.

Guaranty Percentage. As defined in the Payment Guaranty. Hypo: Bayerische Hypotheken-Und Wechsel-Bank Aktiengesellschaft, New York Branch.

Examples of Guaranty Percentage in a sentence

• To the extent that the aggregate Cost Value of the Merchandise included in the Sale, without taking into account the Global Inventory Adjustment, is less than the Merchandise Threshold, the Guaranty Percentage shall be adjusted in accordance with Exhibit 3.1(c) annexed hereto (in addition to any adjustment applicable pursuant to section 11.1(m) hereof), as and where applicable.

• To the extent that the aggregate Cost Value of the Merchandise included in the Sale is less than, or greater than, the Merchandise Threshold, the Guaranty Percentage shall be adjusted in accordance with Exhibit 3.1(b) annexed hereto.

• To the extent that the aggregate Cost Value of the Merchandise included in the Sale is less than or more than the Merchandise Threshold, the Guaranty Percentage shall be adjusted in accordance with Exhibit 3.1(c) annexed hereto (in addition to any adjustment applicable pursuant to section 11.1(m) hereof), as and where applicable.

• In the event, and each time, a lender requires Low to guarantee the portion of debt represented by CRC's proportion of capital, but does not require CRC to guarantee the portion of debt represented by Low's proportion of capital, CRC shall pay to Low a guaranty fee in the amount of four percent (4%) (the "Guaranty Percentage") of the greater of (1) amount of the loan represented by CRC's proportion of capital, or (2) twenty percent (20%).

• In addition to the late charges provided for in this Section, interest shall accrue on Minimum Annual Guaranty, Percentage Fees, or any other sums due hereunder, at the rate of eighteen percent (18%) per annum or the maximum rate provided by law, whichever is less, from the date due until paid.

More Definitions of Guaranty Percentage

Guaranty Percentage means 25%.

Guaranty Percentage means a percentage portion of the aforementioned Guaranty Obligations determined as provided in Section 3.

Guaranty Percentage means, with respect to each Guarantor a fraction, the numerator of which is the proceeds received by such Guarantor in connection with transactions contemplated by this Agreement and the denominator of which is the total proceeds received by all of the Guarantors under this Agreement.

Guaranty Percentage shall equal the Guaranty Percentage listed opposite such Guarantor's name on Exhibit A attached hereto. The obligations of each Guarantor hereunder are separate and distinct from the obligations of any other Guarantor hereunder and are not joint and several. Form of Guaranty Agreement

Guaranty Percentage means [ ]%.

Guaranty Percentage has the meaning set forth in Section 4.3.2 of this Agreement.

Guaranty Percentage at any time shall mean, with respect to each Guarantor, or Affiliated Group, as the case may be, the percentage obtained by dividing such Guarantor’s or Affiliated Group’s, as the case may be, Individual Base Amount (exclusive of any costs of collection thereof) by the sum at such time of all of the Individual Base Amounts.