Common use of Maximum Limit Clause in Contracts

Maximum Limit. The amount covered by this Guaranty for all Obligations in respect of the aggregate of all Transactions under the Gas Contract that ever shall be required to be paid by Guarantor shall not exceed $_____________ (the "Maximum Limit"); provided, this Guaranty shall cover and Guarantor shall pay, in addition to the Maximum Limit, all reasonable expenses, including, without limitation, attorneys' fees, court costs and similar costs, of Contract Party in the event of judgment, settlement or other enforcement against Guarantor. The Maximum Limit shall not be affected by the number or type of outstanding Transactions or the holding or application of any collateral by Contract Party.

Appears in 2 contracts

Samples: Sale Agreement, Guaranty Agreement

AutoNDA by SimpleDocs

Maximum Limit. The amount covered by this Guaranty for all Obligations in respect of the aggregate of all Transactions under the Gas Contract that ever shall be required to be paid by Guarantor shall not exceed $_____________ 30,000,000 (the "Maximum Limit"); provided, this Guaranty shall cover and Guarantor shall pay, in addition to the Maximum Limit, all reasonable expenses, including, without limitation, attorneys' fees, court costs and similar costs, of Contract Party in the event of judgment, settlement or other enforcement against Guarantor. The Maximum Limit shall not be affected by the number or type of outstanding Transactions or the holding or application of any collateral by Contract Party.

Appears in 1 contract

Samples: Guaranty Agreement

Maximum Limit. The amount covered by this Guaranty for all Obligations in respect of the aggregate of all Transactions under the Gas Contract that ever shall be required to be paid by Guarantor shall not exceed $_____________ 15,000,000 (the "Maximum Limit"); provided, this Guaranty shall cover and Guarantor shall pay, in addition to the Maximum Limit, all reasonable expenses, including, without limitation, attorneys' fees, court costs and similar costs, of Contract Party in the event of judgment, settlement or other enforcement against Guarantor. The Maximum Limit shall not be affected by the number or type of outstanding Transactions or the holding or application of any collateral by Contract Party.

Appears in 1 contract

Samples: Guaranty Agreement

Maximum Limit. The amount covered by this Guaranty for all Obligations in respect of the aggregate of all Transactions under the Gas Contract that ever shall be required to be paid by Guarantor shall not exceed $_____________ 20,000,000 (the "Maximum Limit"); provided, this Guaranty shall cover and Guarantor shall pay, in addition to the Maximum Limit, all reasonable expenses, including, without limitation, attorneys' fees, court costs and similar costs, of Contract Party in the event of judgment, settlement or other enforcement against Guarantor. The Maximum Limit shall not be affected by the number or type of outstanding Transactions or the holding or application of any collateral by Contract Party.

Appears in 1 contract

Samples: Sale Agreement

AutoNDA by SimpleDocs

Maximum Limit. The amount covered by this Guaranty for all Obligations in respect of the aggregate of all Transactions under the Gas Contract that ever shall be required to be paid by Guarantor shall not exceed $_____________ 10,000,000 (the "Maximum Limit"); provided, this Guaranty shall cover and Guarantor shall pay, in addition to the Maximum Limit, all reasonable expenses, including, without limitation, attorneys' fees, court costs and similar costs, of Contract Party in the event of judgment, settlement or other enforcement against Guarantor. The Maximum Limit shall not be affected by the number or type of outstanding Transactions or the holding or application of any collateral by Contract Party.

Appears in 1 contract

Samples: Sale Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.