In this Guarantee (including its Recitals) all capitalized terms used and not otherwise defined herein shall have the meaning ascribed to such terms in the Equipment Financing Contract.

CO means the Swiss Code of Obligations (Schweizerisches Obligationenrecht) dated 30 March 1911, as amended and restated from time to time.

Company means Joint Stock Company for Railway Passenger Transport "Srbijavoz", Belgrade, 6 Nemanjina Str., 11000 Belgrade, The Republic of Serbia.

Equipment Financing Documents (EFI No. 20202) means the Prefinancing and Hire Purchase Agreement (EFI No. 20202) and the respective Assignment and Mandate Agreement (EFI No. 20202) with respect to new equipment yet to be manufactured and delivered in a principal amount of up to EUR 40,000,000.

Equipment Financing Documents (EFI No. 20206) means the Hire Purchase Agreement (EFI No. 20206) and the respective Equipment Transfer Agreement (EFI No. 20206) with respect to existing equipment (part of it yet to be refurbished) in a principal amount of up to EUR 50,000,000.

Equipment Financing Documents means each and all of the Equipment Financing Documents (EFI No. 20202) and the Equipment Financing Documents (EFI No. 20206).

Eurofima Convention means the international convention, dated as of October 20, 1955, relative to the establishment of Eurofima.

Guarantee means this Guarantee Agreement (EFI No. 20202/20206).

Guaranteed Obligations means any and all obligations (present and future, actual and contingent) which are or become owing from time to time by the Company under or in connection with the Equipment Financing Documents, in each case, whether for principal, interest, breakage costs, fees, expenses, indemnification or otherwise. Guaranteed Principal means Guaranteed Obligations in respect of the payment of the aggregate principal amounts under the Equipment Financing Documents.