Bonds and Guarantees Sample Clauses

Bonds and Guarantees. Bonds and guarantees are to be submitted to the Employer from whom they can be collected once they are released, in accordance with the contract.

Bonds and Guarantees. Schedule 5.13 identifies the bonds and guarantees posted (or supported) by Seller or its Affiliates or any third parties on behalf of the Companies with respect to the Company Assets as of the date noted on Schedule 5.13, which Seller may update until ten (10) Business Days prior to the Closing Date with respect to the bonds and guarantees to be replaced on the Closing Date, but only acting consistently with past practice and in the ordinary course of business. True, correct, and complete copies of all such bonds and guarantees have been made available to Buyer.

Bonds and Guarantees. (a) After Closing and until the earlier to occur of (i) the first (1st) anniversary of the Closing and (ii) such time any Acquired Company is exempt from the supplemental bonding requirements of BOEM and the BOEM releases Seller from its financial guarantee (such period, the “Seller Assistance Period”), Seller shall continue to provide the Seller Parent Financial Guarantee to BOEM with respect to the supplemental bonding requirements of the Acquired Companies. During such period, Buyer shall use reasonable efforts to cause each of the Acquired Companies to become exempt from the supplemental bonding requirements of BOEM and shall provide Seller with updates on its progress promptly upon Seller’s request. During the Seller Assistance Period, Buyer shall use its best efforts to ensure BOEM seeks any damages first against Buyer before the Seller Parent Financial Guarantee, and Buyer shall indemnify Seller (and its Affiliates and the other Seller Indemnified Persons) from and against any and all Covered Liabilities incurred by Seller (or any of the other Seller Indemnified Persons) as a result of BOEM collecting any amounts from Seller under the Seller Parent Financial Guarantee for obligations of the Acquired Companies (the foregoing described indemnity obligation, “Buyer BOEM Indemnity”). Notwithstanding anything to the contrary set forth in this Agreement, Seller and Buyer, as the case may be, shall be permitted (but shall have no obligation) (i) in the case of Seller, to offset the amount of any then outstanding indemnity obligations it has to Buyer or any of the other Buyer Indemnified Persons pursuant to Section 11.2 by the amount of any then outstanding Buyer BOEM Indemnity obligations and (ii) in the case of Buyer, to offset the amount of any then outstanding Buyer BOEM Indemnity obligations by the amount of any then outstanding indemnity obligations Seller has to Buyer or any of the other Buyer Indemnified Persons pursuant to Section 11.2. (b) Schedule 4.2(x) identifies the bonds and letters of credit and other forms of financial assurance posted (or supported) by Seller, the Acquired Companies or any other Affiliate of Seller with respect to the Hydrocarbon Interests that will be in effect immediately prior to the Closing. Except with respect to the escrow accounts set forth on Schedule 6.10(b), the Parties understand that none of the bonds, letters of credit and other forms of financial assurance, if any, posted by Seller or any Affiliate of Seller ...

Bonds and Guarantees. Original copies of the bonds and guarantees must be lodged at the office of ACSA, ▇▇▇▇ ▇▇▇▇▇▇▇ International Airport and one copy of each must be kept on site with the Employer’s Agent’s representative. On release, the bond and guarantees can be collected from ACSA.

Bonds and Guarantees. Interests as beneficiary under letters of credit, advances and performance and surety bonds, guarantees;

Bonds and Guarantees. Purchasers and Sellers shall take all reasonable actions to cause Katy to be fully released from all obligations arising from the conduct of the Canadian Business and US Business from and after the Closing under the obligations and commitments listed on Schedule 16.8. C▇▇▇▇▇▇ and Purchasers shall indemnify and hold Katy harmless from any and all liabilities arising under the obligations and commitments listed on Schedule 16.8 that result from the conduct of the Canadian Business and US Business by C▇▇▇▇▇▇ and Purchasers subsequent to the Closing.

Bonds and Guarantees. The Contractor shall within 14 calendar days of award, to arrange the delivery of any bonds, guarantees, proof of insurance and any other documentation to be provided in terms of the conditions of contract identified in the contract data.

Bonds and Guarantees. 48 17.3 Vendors' General Obligations..........................................................48 17.4 Vendors' Continuing Obligation........................................................48 17.5 Change of Name........................................................................49 17.6 ......................................................................................50 17.7 Investment Canada Act.................................................................50 18 Guarantees ...............................................................................................51 18.1 Vendors' Guaranteed Obligations.......................................................51 18.2 Guaranty..............................................................................51 18.3 Purchaser's Guaranteed Obligations....................................................51 18.4 Guaranty..............................................................................51

Bonds and Guarantees. All bonds and guarantees shall be lodged with the client and can be collected from them upon release in accordance with the Contract Data. 5.8 PAYMENT CERTIFICATES The monthly statements for interim payments in terms of Clause 5 of the NEC3, 2005 edition, shall be submitted in electronic format and hard copy in the format as prescribed by the Engineer. Every statement shall include a projection of the estimated cost at completion. The projection shall include; i) in respect of quantities, the estimated quantities at completion of the works; ii) in respect of claims for extension of time, additional payment or compensation in terms of the Contract, the total value of additional payment or compensation, whether the Engineer has delivered a ruling on such claim or not. Management