Guarantee Amount. The Shipper shall provide GRTgaz with a Payment Guarantee of payment, the amount of which shall be determined as follows: For a Contract of a duration strictly less than two (2) Months, the amount of the Guarantee shall be equal to the total of the capacity terms and the fixed terms set out in Clause 8 of this Section A. For a Contract of a duration equal to or more than two (2) Months, the amount of the Guarantee shall be determined for each Month between the effective date and the expiry date of the Contract. The minimum amount of the Guarantee is: One hundred thousand (100,000) euros or, Twenty thousand (20,000) euros if the Shipper holds a gas supply licence allowing occasional natural gas purchases and sales at the Title Transfer Points to meet the needs of its own industrial facilities. The amount of the Guarantee for Month M shall be equal: either to the highest theoretical amount of the two (2) following values:
Guarantee Amount. The Guarantee Amount at any given time shall be equal to the aggregate sum of $3,000,000.00 minus the total of all payments theretofore made by the Authority under this Guarantee. Upon any payment by the Authority under this Guarantee, the Guarantee Amount shall be immediately and automatically reduced by the amount of such payment, except that the Guarantee Amount may be reinstated as provided in Section 9 hereof. NOTWITHSTANDING THE FOREGOING, THE GUARANTEE AMOUNT SHALL AUTOMATICALLY REDUCE TO ZERO AND THIS GUARANTEE SHALL TERMINATE ON MARCH 1, 1999, UNLESS PRIOR TO SUCH DATE LENDER HAS DELIVERED TO THE AUTHORITY UNDER SECTION 9 HEREOF A NOTICE OF DEFAULT OR A NOTICE THAT BORROWER HAS FAILED TO MAKE A PAYMENT UNDER THE LENDER LOAN DOCUMENTS ON DEMAND OF LENDER."
Guarantee Amount. 3.1 (General liability): If a company limited by guarantee is wound up, a present or past member of the company is liable to contribute up to the agreed amount to the company’s property:
Guarantee Amount. In consideration of the Beneficiary accepting this Undertaking and its terms, XXX undertakes unconditionally to pay the Beneficiary on written demand from time to time any sum or sums up to an aggregate amount not exceeding: Australian Dollars [insert amount] (Amount). Undertaking: XXX will pay the Amount or any part of it to the Beneficiary upon presentation of this original Undertaking (accompanied by a written demand) at [insert address] without reference to the Applicant and even if the Applicant has given XXX notice not to pay the money, and without regard to the performance or non- performance of the Applicant or Beneficiary under the terms of the contract or agreement. By accepting this Undertaking, the Beneficiary acknowledges and agrees that XXX may rely entirely on any demand or notice as presented to it and has no responsibility or obligation to investigate the authenticity or correctness of the matters stated in a demand or notice, the signatures on the same, the positions of such signatories or the capacity or entitlement of the Beneficiary to give and execute the demand or notice. Any alterations to the terms of the contract or agreement or any extensions of time or any other forbearance by the Beneficiary or Applicant will not impair or discharge XXX's liability under the Undertaking. This Undertaking remains in force until the first to occur of: - The Beneficiary notifies XXX in writing that the Undertaking is no longer required; - This original Undertaking is returned to [insert address]; - XXX has paid to the Beneficiary the Amount or the balance outstanding of the Amount; or
Guarantee Amount. EPP shall determine the guarantee or deposit amount on the basis of the quantity of Packaging placed on the market in the Republic of Estonia by the Packaging Undertaking in the previous calendar year. In the event that the Packaging Undertaking has not placed any Packaging on the market in the Republic of Estonia in the previous calendar year or if it is impossible for EPP to determine the quantity of Packaging placed on the market in the Republic of Estonia by the Packaging Undertaking in the previous year, EPP shall determine the respective guarantee or deposit amount at its own discretion.
Guarantee Amount. The Developer shall maintain a Letter Of Credit as specified in Section 5.1 above in an amount (the “Guarantee Amount”) equal to the sum of five (5) years of Access Fees, plus an additional amount agreed upon in writing by an Authorized Representative of MIRA sufficient to cover the cost of decommissioning the CEF. Developer shall maintain the Letter Of Credit in the Guarantee Amount for the Term of the Development Agreement and shall maintain and/or extend or renew such Enhanced Letter Of Credit within thirty (30) days prior to any scheduled expiration date set forth in a Letter Of Credit.
Guarantee Amount. The Guarantee Amount at any given ---------------- time shall be equal to (i) the lesser of (a) thirty percent (30%) of the then outstanding principal balance of the Lender Loan, (b) thirty percent (30%) of the Scheduled Amortization Loan Balance as of such date and (c) $600,000, minus (ii) the total of all payments theretofore made by the Authority under this Guarantee. Upon any payment by the Authority under this Guarantee (other than payments pursuant to the Authority's cure rights described in Section 9 which are not allocated to principal on the Lender Loan), the Guarantee Amount shall be immediately and automatically reduced by the amount of such payment, except that the Guarantee Amount may be reinstated as provided in Section 9 hereof. Notwithstanding the foregoing, the Guarantee Amount shall automatically reduce to zero and this Guarantee shall terminate on November 18, 1998, unless a demand on this Guarantee is outstanding on such date; provided, however, that in the event that an Authority Cure Period is in effect on such date, the Guarantee Amount shall not reduce to zero and this Guarantee shall not terminate until forty-five (45) days after the end of such Authority Cure Period.
Guarantee Amount. 5.1 The Insurance Guarantee Policy shall provide, for each year of the Agreement, the following indemnity amounts: Period Amount Throughout the Agreement Term R$ 172,000,000.00 (one hundred and seventy-two million reais)
Guarantee Amount. University hereby guarantees to compensate Alaska up to the Guarantee Cap (as defined on Exhibit A), in accordance with Section 3 below, for operating the Scheduled Flights during the Service Period. For purposes of this Agreement, “Revenue” is defined as the actual passenger revenue Alaska receives for a Scheduled Flight, including revenue from frequent flier program award tickets and ancillary revenues derived from baggage fees and on-board food and beverage sales and any other revenue received by Alaska for each Scheduled Flight. “Aggregate Revenue” is defined as the sum of all Revenue for all Scheduled Flights actually operated by Alaska, SkyWest, or Horizon during the Service Period. “Actual Costs” are defined as the sum of Alaska’s reported costs of operating each of the Scheduled Flights during the Service Period plus a premium of 10%. By way of example only, if the cost of operating a Scheduled Flight is $10,000, the Actual Cost of that Scheduled Flight will be $11,000.
Guarantee Amount. During the Guarantee Period, ESCO guarantees that Owner shall realize Savings in accordance with Article 2.1 of the Feasibility Agreement (Energy, Water and Waste Recovery Audit (Low-cost measures)) and pursuant to the Savings Calculation Method attached as Exhibit-C which amount equals Rs. Lakh Per annum (“Guarantee Amount”).
