Common use of Amount of Guarantee Clause in Contracts

Amount of Guarantee. The Secretary shall guarantee trustee certifi- ▇▇▇▇▇ of the Milwaukee Railroad pursuant to this section in an amount equal to the difference between (1) the total expenses incurred by such railroad attributable to the maintenance and the continuation of service in accordance with subsection (d) of this section, and (2) the reve- nues of such railroad.

Appears in 2 contracts

Sources: Employment Agreement, Employment Agreement