Examples of Maximum Guaranteed Amount in a sentence
The Minimum Gross Sales Amount is intended to be a rough proxy for a return on the Developer’s investment in the Eligible Product, but cannot exceed 100% of the Maximum Guaranteed Amount.
The Maximum Guaranteed Amount at the date of this Demand Notice is US$ [insert relevant amount] consisting of Maximum Guaranteed Principal of US$ [insert relevant amount] and Maximum Guaranteed Interest of US$ [insert relevant amount].
Lender shall forward to Authority a guarantee origination fee of not less than one percent (1%) of the initial Maximum Guaranteed Amount of the Approved Loan Amount, or such other greater percentage or sum as specified in the Authorization.
Notwithstanding the foregoing provisions or any other provision of this Guarantee Agreement, the holders (by their acceptance of any Note) and the Guarantor hereby agree that if at any time the Guaranteed Obligations exceed the Maximum Guaranteed Amount determined as of such time with regard to the Guarantor, then this Guarantee Agreement shall be automatically amended to reduce the Guaranteed Obligations to the Maximum Guaranteed Amount.
If the stated guaranteed percentage of any loan, when applied to the outstanding principal balance of such loan, would exceed the Maximum Guaranteed Amount, the stated guaranteed percentage of such loan shall be automatically adjusted downward to the extent required to eliminate such excess guarantee, without any change being made to any document.