Maximum Guarantee Amount definition

Maximum Guarantee Amount means the maximum amount of Qualifying Debt that a Contributor (or Protected Persons (pro rata if more than one) deriving their status as Protected Persons through such Contributor) may guarantee as set forth on Exhibit A hereto.
Maximum Guarantee Amount means, as of any date of payment by the Guarantor, the aggregate of the amount of the unpaid principal of all Tranche A Loans (or, if higher, an amount equal to the aggregate outstanding Tranche A Loan Commitments in effect at such time, or, if not in effect at such time, in effect immediately prior to any termination thereof) and the amount of all accrued and unpaid interest thereon and other amounts payable in connection with the Tranche A Loans.
Maximum Guarantee Amount has the meaning assigned to such term in Section 2.08.

Examples of Maximum Guarantee Amount in a sentence

  • The Maximum Guarantee Amount under the Guarantee relating to each Tranche of Notes will be equal to the payment of the principal and three years’ interest in respect of such Notes.

  • If the Payment Guarantee is invoked by Merchant, Company’s authorized designee will provide funds for the monthly payment to Merchant on behalf of Customer until the account is paid in full or the Maximum Guarantee Amount is paid in full, whichever comes first.

  • Examples how this exchange rate calculation shall be made is set out in Schedule 11 (Examples on application of currency exchange recalculation to apply or test Maximum Guarantee Amount level as set out in Clause 2.6).

  • Guarantor agrees to guarantee any amount exceeding the Maximum Guarantee Amount as a result of exchange rate fluctuation.

  • Notwithstanding anything to the contrary set forth elsewhere in this Agreement, the maximum liability of ADECA to the Lender related to a loan enrolled by the Lender in the Loan Guarantee Program shall not exceed the Maximum Guarantee Amount.


More Definitions of Maximum Guarantee Amount

Maximum Guarantee Amount means the maximum amount of Qualifying Liabilities that the Contributor (or Protected Persons (pro rata if more than one) deriving their status as Protected Persons through such Contributor) may guarantee as set forth on Exhibit A hereto. Embassy Suites Hotel Columbus/Dublin
Maximum Guarantee Amount means, as of any date on which the Guarantors are providing the Note Guarantees, for so long as any indenture governing any series of Existing Notes (the “Existing Notes Indentures”) remains in effect, the maximum amount of all Indebtedness that would be permitted to be incurred by such Guarantor on such date in accordance with, and without the Company or any of its Subsidiaries contravening, the terms of any such Existing Notes Indenture, after giving effect to any other Indebtedness and Obligations permitted pursuant to the terms of this Indenture (including on such date); provided that the incurrence of guarantees subordinated to such Note Guarantee shall not further limit such Note Guarantee pursuant to the terms of this Indenture.
Maximum Guarantee Amount means, as of any date on which the Guarantors are providing the Note Guarantees, for so long as any indenture governing any series of Existing Notes (the “Existing Notes Indentures”) remains in effect, the maximum amount of all Indebtedness that would be permitted to be incurred by such Guaran- tor on such date in accordance with, and without the Company or any of its Subsidiaries contravening, the terms of any such Existing Notes Indenture, after giving effect to any other Indebtedness and Obligations permitted pursuant to the terms of this Indenture (including on such date); provided that the incurrence of guarantees subordinated to such Note Guarantee shall not further limit such Note Guarantee pursuant to the terms of this Indenture.
Maximum Guarantee Amount means the amount calculated in accordance with item (c) of section 8.1 of the Specific Terms.”7. When used in relation to any Portfolio that includes COVID-19 Support Transactions, Clause 4 (Guarantee) shall be amended and restated to read as follows:
Maximum Guarantee Amount means the product of (i) the Guarantee Rate applicable with respect to all Covered Final Recipient Transactions that are not COVID- 19 Support Working Capital Transactions, as set out in the definition of Guarantee Rate in Clause 2.1 (Definitions) or section 6 (Availability Period, Guarantee Rate and Risk Sharing Rate) of the Specific Terms (if applicable), and (ii) the Agreed Portfolio Volume.”Schedule 3 (Form of Inclusion Notice) of the Guarantee Agreement / On-Lending Structure shall be amended in its entirety to read as follows:
Maximum Guarantee Amount means, at any time, the amount of the Secured Liabilities outstanding at that time multiplied by the following percentage: The amount outstanding under the Term Loan The aggregate amount outstanding under the Facilities
Maximum Guarantee Amount means, in respect of any Obligor and a particular Borrower, at any time, the maximum Deutschmark Amount such Obligor would be able to pay (net of any Tax or other amounts payable (other than to the Facility Agent) in connection therewith) to the Facility Agent under its Guarantee if a demand was made thereunder at such time in accordance with the terms and conditions of its Guarantee in respect of any amounts payable by such Borrower under the Senior Finance Documents without contravening any existing applicable law, statute, rule or regulation or any judgment, decree, consent or permit to which such Obligor is subject, or conflict with, or result in any breach of any of the terms of, or constitute a default under any agreement or other instrument to which such Obligor is expressed to be party or is subject to or by which it, or any of its property is bound;