Guarantee Value Clause Samples

The Guarantee Value clause defines the specific monetary amount or value that a guarantor is obligated to cover under a guarantee agreement. In practice, this clause sets a clear financial limit on the guarantor’s liability, specifying either a fixed sum or a method for calculating the amount. By establishing the maximum exposure for the guarantor, the clause provides certainty for both parties and helps manage financial risk in the event of default or non-performance by the principal party.
Guarantee Value. ▇▇▇▇ guarantees that the Aircraft dispatch reliability with respect to avoidance of Chargeable Technical Delays or Cancellations shall, at the end of the period indicated below, meet the guarantee value percentages specified below ("Guarantee Value"): Period Guarantee Value (%) ------ ------------------- First six months N/A [***] [***] [***] [***] [***] [***]
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Guarantee Value. Bombardier guarantees that the Aircraft dispatch reliability with respect to avoidance of Chargeable Technical Delays or Cancellations shall, at the end of the period indicated below, meet the guarantee value percentages specified below (“Guarantee Value”) Months six to twelve **** Months thirteen to twenty-four **** Months twenty-five to thirty-six **** Months thirty-seven to sixty ****
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Guarantee Value. Bombardier guarantees that the Aircraft dispatch reliability after taking into account Chargeable Aircraft Dispatch Interruptions shall, at the end of the period indicated below calculated from the beginning of the Guarantee Term, meet the guarantee value percentages specified below (“Guarantee Value”): [***] [***]
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Guarantee Value. 2.8.1.1 Chemical Composition (on dry basis) Element Guarantee Value (%) Element Guarantee Value (%) Fe Basis ▇▇▇ ▇▇▇ Min K2O Max SiO2 Max MgO Max Al2O3 Max Na2O Max P Max TiO2 Max S Max FeO Max Mn Max LOI Max 2.8.1.2 Moisture Content (Free moisture loss at 105 degrees celsius)
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Guarantee Value. Bombardier guarantees that the Aircraft fleet dispatch reliability with respect to avoidance of Chargeable Technical Delays shall, at the end of the periods commencing with the date of start of revenue service of Northwest's first delivered Aircraft indicated below, meet the guarantee value percentages specified below ("Guarantee Value") as indicated [*]: * After delivery of the first Aircraft under this Agreement [*]
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Related to Guarantee Value

  • Guarantee Absolute The Guarantor agrees that the guarantee contained in this Subordinated Guarantee is a guarantee of payment and that the Guarantor’s obligation to pay the Guaranteed Obligations hereunder shall be primary, absolute and unconditional and, without limiting the generality of the foregoing, shall not be released, discharged or otherwise affected by: (a) any extension of the time or times for the payment of the Guaranteed Obligations, renewal, settlement, compromise, waiver, indulgence or release granted to the Corporation by the Holders or the Trustee in respect of any obligation of the Corporation under the Indenture or any Debenture, by operation of law or otherwise; (b) any modification or amendment of or supplement to the Indenture or any Debenture; (c) any change in the corporate existence, structure or ownership of the Corporation, or any insolvency, bankruptcy, reorganization or other similar proceeding affecting the Corporation or its assets or any resulting release or discharge of any obligation of the Corporation contained in the Indenture or any Debenture; (d) the existence of any defense, claim, set-off or other rights which the Guarantor may have at any time against the Corporation, the Trustee, any Holder or any other Person, whether in connection herewith or any unrelated transactions; (e) any invalidity, illegality, irregularity or unenforceability for any reason of the Indenture or any Debenture or in any part thereof as regards the Corporation, or any provision of applicable law or regulation purporting to prohibit the payment by the Corporation of the principal, premium, if any, interest or redemption price, if any, on any Debenture or any other amount payable by the Corporation under the Indenture; (f) any other act or omission to act or delay of any kind by the Corporation, the Trustee, any Holder or any other Person or any other circumstance whatsoever which might, but for the provisions of this paragraph, constitute a legal or equitable discharge or defense of the Guarantor’s obligations hereunder; (g) any contest by the Corporation or any Person as to the amount of the Guaranteed Obligations; (h) the failure to enforce the provisions of any Debenture or the Indenture; or (i) the recovery of any judgment against the Corporation or any action to enforce the same.

  • Guarantee Period The guarantee period is from the effective date of this Contract and ends two years from the expiration of the debt performance term under the Main Contract. In case Party A agrees to extent the debt performance term, the guarantee period ends two years from the expiration of the extended debt performance term under the Main Contract. If Party B announces advanced maturity of debts according to the Main Contract, the guarantee period ends two years from the advanced maturity date of debts announced by Party B. In case the debts under the Main Contract are paid in installments, the guarantee period of each installment is two years from the expiration date of the debt performance term of the last installment.

  • Guarantee Limitations The limitations applicable to the Guarantees, as set forth in Section 209 of the Indenture, will apply to the Guarantees issued hereunder; provided, however, that any further limitations, or any amendments or modifications to such Guarantees or limitations thereon, shall be set forth in an additional supplemental indenture, in each case in accordance with the Indenture.

  • Security and Financial Indebtedness (a) No Security or Quasi-Security exists over all or any of the present or future assets of any member of the Group other than as permitted by this Agreement. (b) No member of the Group has any Financial Indebtedness outstanding other than as permitted by this Agreement.

  • Guarantees, etc To endorse or guarantee the payment of any notes or other obligations of any person; to make contracts of guaranty or suretyship, or otherwise assume liability for payment thereof; and to mortgage and pledge the Trust property or any part thereof to secure any of or all such obligations;