Pursuant to sovereign guarantees, the State, or sub-sovereign entity, does not guarantee the Project Company or the lenders the repayment of the loans but rather the 'proper behaviour' and the respect of the commitments of the Contracting Authority and/or of the other concerned public authorities. It should be noted, however, that a failure to respect such commitments will give rise to the monetary obligation to pay damages, which could include, inter alia, costs incurred to lenders under acceleration of loans in case of default.