Common use of Guarantee Amount Clause in Contracts

Guarantee Amount. During the Guarantee Period, ESCO guarantees that the Owner shall realize an amount of Savings according to the Savings Calculation Method in Exhibit D at least equal to the Loan payments required to repay the Construction Costs of the ECRMs (Guarantee Amount). This Guarantee Amount shall apply to all ECRMs implemented by ESCO in this ESA;

Guarantee Amount. During the Guarantee Period, ESCO guarantees that the Owner shall realize an amount Savings in accordance with Article 2.1 of Savings according the Feasibility Agreement (Energy, Water and Waste Recovery Audit (Low-cost measures)) and pursuant to the Savings Calculation Method in Exhibit D at least equal to the Loan payments required to repay the Construction Costs of the ECRMs attached as Exhibit-C which amount equals Rs. Lakh Per annum (“Guarantee Amount”). This Guarantee Amount shall apply to all ECRMs implemented by ESCO in this ESA;.