In addition to the Guarantee payment, WHEDA will agree to participate in the expenses which were preapproved by WHEDA and related to workout, litigation and/or liquidation. (For purposes of calculating expense participation, up to 90 days of interest will be defined as "expense"). However, WHEDA's exposure will be limited to the lesser of:
a) 10% of the original guarantee amount; or
b) The guarantee percentage applied against actual expenses.
In no event will the aggregate payment of expenses plus guarantee percentage exceed the original guaranteed amount.
