Common use of Scope of the Guarantee Clause in Contracts

Scope of the Guarantee. Pursuant to Section 1702(j) of Title XVII, the Guarantee is entitled to the full faith and credit of the United States of America. The Guarantee constitutes a guarantee of payment and not of collection. In no event shall the liability of DOE on the Guarantee extend to any amount which is not a Guaranteed Amount. For the avoidance of doubt, the Guarantee shall not extend to the repayment, in whole or in part, of any fees, costs, expenses, make-whole amounts, prepayment premiums, breakage costs, indemnified liabilities, Default Interest or any other amounts (other than the Guaranteed Amounts) payable under the Loan Agreement or any Note (collectively, “Excluded Amounts”).

Scope of the Guarantee. Pursuant to Section 1702(j) of Title XVII, the Guarantee is entitled to the full faith and credit of the United States of America. The Guarantee constitutes a guarantee of payment and not of collection. In no event shall the liability of DOE on the Guarantee extend to any amount which is not a Guaranteed Amount. For the avoidance of doubt, the Guarantee shall not extend to the repayment, in whole or in part, of any fees, costs, expenses, make-make whole amounts, liquidation costs, prepayment premiums, breakage costs, indemnified liabilities, Default Interest or any other amounts (other than the Guaranteed Amounts) payable to the Holders under the Loan Agreement Agreement, any Note or any Note other Loan Document (collectively, “"Excluded Amounts”").

Scope of the Guarantee. Pursuant to Section 1702(j) of Title XVII, the Guarantee is entitled to the full faith and credit of the United States of America. The Guarantee constitutes a guarantee of payment and not of collection. In no event shall the liability of DOE on the Guarantee extend to any amount which is not a Guaranteed Amount. For the avoidance of doubt, the Guarantee shall not extend to the repayment, in whole or in part, of any fees, costs, expenses, make-whole amounts, liquidation costs, prepayment premiums, breakage costs, indemnified liabilities, Default Interest or any other amounts (other than the Guaranteed Amounts) payable to the Holders under the Loan Agreement Agreement, any Note or any Note other Loan Document (collectively, “"Excluded Amounts”").