Guaranteed Amount definition

Guaranteed Amount means the aggregate amount of each Guaranteed Debt that is guaranteed at any time by Partner Guarantors.

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Guaranteed Amount has the meaning given to it in Clause 2.1 (Guarantee).

Guaranteed Amount means the amount set out in clause 1.5.

Examples of Guaranteed Amount in a sentence

• In the event Seller shall fail to duly, completely or punctually pay any Guaranteed Amount as required pursuant to the PPA, Guarantor shall promptly pay such amount as required herein.

• Guarantor shall, within five (5) Business Days following its receipt of the Payment Demand, pay the Guaranteed Amount to Buyer.

• The Parties understand and agree that any payment by Guarantor or Seller of any portion of the Guaranteed Amount shall thereafter reduce Guarantor’s maximum aggregate liability hereunder on a dollar- for-dollar basis.

• If Seller fails to pay any Guaranteed Amount as required pursuant to the PPA for five (5) Business Days following Seller’s receipt of ▇▇▇▇▇’s written notice of such failure (the “Demand Notice”), then Buyer may elect to exercise its rights under this Guaranty and may make a demand upon Guarantor (a “Payment Demand”) for such unpaid Guaranteed Amount.

• This Guaranty is an irrevocable, absolute, unconditional and continuing guarantee of the full and punctual payment, and not of collection, of the Guaranteed Amount and, except as otherwise expressly addressed herein, is in no way conditioned upon any requirement that Buyer first attempt to collect the payment of the Guaranteed Amount from Seller, any other guarantor of the Guaranteed Amount or any other Person or entity or resort to any other means of obtaining payment of the Guaranteed Amount.

More Definitions of Guaranteed Amount

Guaranteed Amount means, in respect of any date, the maximum amount for which the Crown would be liable on that date under the Crown Guarantee, in accordance with the terms of this Deed, if all Indebtedness existing on that date was (and had been, for 15 days) due and payable and was not paid by the Principal Debtor.

Guaranteed Amount shall have the meaning set forth in Section 4.02.

Guaranteed Amount means, with respect to the Indebtedness of another Person, the aggregate amount for which the Borrower is liable (whether by Guarantee or as a general partner or otherwise, but excluding any amounts with respect to which the Borrower is expressly exculpated).

Guaranteed Amount means that amount defined as the Guaranteed Amount in Section III.E.5.c.

Guaranteed Amount means that amount defined as the Guaranteed Amount

Guaranteed Amount means the amount determined in accordance with sub-section 3(c) hereof; “Guaranteed Value” means the amount per Unit determined in accordance with sub-section 3(a) hereof; “Guaranteed Value Calculation Date” means the last Valuation Date in each calendar month;

Guaranteed Amount means (i) an amount equal to US$ ……………, or (ii) an amount equal to the balance of this amount as it is reduced in accordance with article 4 of the PSA.