Maximum Guaranteed Amount
Maximum Guaranteed Amount. The term "Maximum Guaranteed Amount" shall mean, as of any date, an amount equal to "MGA" where. MGA = [(Q x R x T) x 80%)- F Where: Q = ChevronTexaco Subsidiary's Maximum LNG Reception Quantity under the TUA; R = thirty-two cents ($0 32); T = twenty (20); and F = the cumulative amount of Fees paid by the ChevronTexaco Subsidiary under the TUA.
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Found in
Sabine Pass LNG, L.P. contract