Common use of Monetary Limitation Clause in Contracts

Monetary Limitation. Notwithstanding anything to the contrary contained herein, (i) the liability of the Guarantor hereunder shall be limited to the lesser of: (a) the Credit Obligations; or (b) the sum of (x) Two Million Five Hundred Thousand Dollars ($2,500,000), plus (y) all costs and expenses (including reasonable attorneys' fees and disbursements) incurred by the Agent or Lenders in connection with the enforcement of their rights and remedies under this Guaranty; and