Common use of Performance and Warranty Guarantee Clause in Contracts

Performance and Warranty Guarantee. 16.1. To secure the punctual, complete and entire performance of all of Supplier's obligations under this Agreement, including without limitation to the Supplier's warranty obligations and Supplier's obligations to pay ISR any Liquidated Damages if applicable, Supplier shall furnish ISR within ten (10) days of the Effective Date, with an irrevocable autonomous bank guarantee to be paid upon first written demand without the need to prove or substantiate the demand from a first class bank, approved in advance by ISR, in the full amount of ten (10) percent of the full Consideration issued in the form attached hereto as Annex E (the "Performance and Warranty Guarantee"). 16.2. The Performance and Warranty Guarantee shall remain in full force and effect until sixty (60) days following the end of the Warranty Period. 16.3. The extension of the Performance and Warranty Guarantee shall be at the Supplier's sole responsibility. In the event the required extension is not submitted to ISR at least thirty (30) days prior to the expiry date of the existing guarantee, ISR shall be entitled to exercise such guarantee. 16.4. Without derogating from the above, the submission of the Performance and Warranty Guarantee shall be a pre-condition to effecting any payments due to the Supplier under this Agreement.

Performance and Warranty Guarantee. 16.1. To 15.1 Supplier shall furnish ISR, within ten (10) days from the Effective Date, an original bank guarantee from a first class bank, approved in advance by ISR, in the amount of ten percent forty-five thousand Euros (45,000 €) (10%) of the Total Evaluated Price, as defined in Annex B, issued in the form attached hereto as Annex E (the "Performance and Warranty Guarantee"). 15.2 The Performance and Warranty Guarantee issued shall secure the punctual, complete and entire performance of all of the Supplier's obligations under undertaken in this Agreement, including without limitation to the Supplier's warranty obligations and Supplier's obligations to pay ISR any Liquidated Damages if applicable, Supplier shall furnish ISR within ten (10) days of the Effective Date, with an irrevocable autonomous bank guarantee to be paid upon first written demand without the need to prove or substantiate the demand from a first class bank, approved in advance by ISR, in the full amount of ten (10) percent of the full Consideration issued in the form attached hereto as Annex E (the "Performance and Warranty Guarantee"). 16.2. 15.3 The Performance and Warranty Guarantee shall remain in full force and effect valid until sixty (60) the end of 60 days following the end of Warranty Period for the Warranty Period. 16.3last Wooden Sleepers delivered and accepted by ISR under the terms of this Agreement. The extension of the Performance and Warranty Guarantee shall be at the Supplier's sole responsibility. In the event the required extension is not submitted to ISR at least thirty (30) days prior to the expiry date of the existing guarantee, ISR shall be entitled to exercise such guarantee. 16.4. 15.4 Without derogating from the above, the submission of the Performance and Warranty Guarantee shall be a pre-pre condition to effecting any payments payment due to the Supplier under this Agreement.

Performance and Warranty Guarantee. 16.1. To secure the punctual, complete and entire performance of all of Supplier's obligations under this Agreement, including without limitation to the Supplier's warranty obligations and Supplier's obligations to pay ISR any Liquidated Damages if applicable, Supplier shall furnish ISR within ten (10) days of the Effective Date, with an irrevocable autonomous bank guarantee to be paid upon first written demand without the need to prove or substantiate the demand from a first class bank, approved in advance by ISR, in the full amount of ten percent (10%) percent of the full Consideration issued in the form attached hereto as Annex E (the "Performance and Warranty Guarantee"). 16.2. The Performance and Warranty Guarantee shall remain in full force and effect until sixty (60) days following the end of the Warranty Period. 16.3. The extension of the Performance and Warranty Guarantee shall be at the Supplier's sole responsibility. In the event the required extension is not submitted to ISR at least thirty (30) days prior to the expiry date of the existing guarantee, ISR shall be entitled to exercise such guarantee. 16.4. Without derogating from the above, the submission of the Performance and Warranty Guarantee shall be a pre-condition to effecting any payments due to the Supplier under this Agreement.

Performance and Warranty Guarantee. 16.1. 16.1 To secure the punctual, complete and entire performance of all of Supplier's obligations under this Agreement, including without limitation to the Supplier's warranty obligations and Supplier's obligations to pay ISR any Liquidated Damages if applicable, Supplier shall furnish ISR within ten (10) days of the Effective Date, with an irrevocable autonomous bank guarantee to be paid upon first written demand without the need to prove or substantiate the demand from a first class bank, approved in advance by ISR, in the full amount of ten twenty-five thousand Euros (10) percent of the full Consideration 25,000 €), issued in the form attached hereto as Annex E (the "Performance and Warranty Guarantee"). 16.2. 16.2 The Performance and Warranty Guarantee shall remain in full force and effect until sixty (60) days following the end of the Warranty PeriodPeriod of the Second Batch. 16.3. 16.3 The extension of the Performance and Warranty Guarantee shall be at the Supplier's sole responsibility. In the event the required extension is not submitted to ISR at least thirty (30) days prior to the expiry date of the existing guarantee, ISR shall be entitled to exercise such guarantee. 16.4. 16.4 Without derogating from the above, the submission of the Performance and Warranty Guarantee shall be a pre-condition to effecting any payments due to the Supplier under this Agreement.

Performance and Warranty Guarantee. 16.1. 16.1 To secure the punctual, complete and entire performance of all of Supplier's obligations under this Agreement, including without limitation to the Supplier's warranty obligations and Supplier's obligations to pay ISR any Liquidated Damages if applicable, Supplier shall furnish ISR within ten (10) days of the Effective Date, with an irrevocable autonomous bank guarantee to be paid upon first written demand without the need to prove or substantiate the demand from a first class bank, approved in advance by ISR, in the full amount of ten eighteen thousand Euros (10) percent of the full Consideration 18,000 €), issued in the form attached hereto as Annex E (the "Performance and Warranty Guarantee"). 16.2. 16.2 The Performance and Warranty Guarantee shall remain in full force and effect until sixty (60) days following the end of the Warranty PeriodPeriod of the Second Batch. 16.3. 16.3 The extension of the Performance and Warranty Guarantee shall be at the Supplier's sole responsibility. In the event the required extension is not submitted to ISR at least thirty (30) days prior to the expiry date of the existing guarantee, ISR shall be entitled to exercise such guarantee. 16.4. 16.4 Without derogating from the above, the submission of the Performance and Warranty Guarantee shall be a pre-condition to effecting any payments due to the Supplier under this Agreement.

Performance and Warranty Guarantee. 16.1. To secure the punctual, complete and entire performance of all of Supplier's obligations under this Agreement, including without limitation to the Supplier's warranty obligations and Supplier's obligations to pay ISR any Liquidated Damages if applicable, Supplier shall furnish ISR within ten (10) days of the Effective Date, with an irrevocable autonomous bank guarantee to be paid upon first written demand without the need to prove or substantiate the demand from a first class bank, approved in advance by ISR, in the full amount of ten (10) percent of the full Consideration issued in the form attached hereto as Annex E (the "Performance and Warranty Guarantee"). 16.2. The Performance and Warranty Guarantee shall remain in full force and effect until sixty (60) days following the end of the Warranty Period. 16.3. The extension of the Performance and Warranty Guarantee shall be at the Supplier's sole responsibility. In the event the required extension is not submitted to ISR at least thirty (30) days prior to the expiry date of the existing guarantee, ISR shall be entitled to exercise such guarantee. 16.4. Without derogating from the above, the submission of the Performance and Warranty Guarantee shall be a pre-condition to effecting any payments due to the Supplier under this Agreement.. … ,3 ,2 ,1 :רופסמ ןונגס + 1 :המר + רפסוממ גרודמ:בצועמ באט + "93.0 :ב רשוימ + לאמשל :רושיי + 1 :מ לחתה + "46.0 :ב הסינכ + "46.0 :ירחא

Performance and Warranty Guarantee. 16.1. To 15.1 Supplier shall furnish ISR, within ten (10) days from the Effective Date, an original bank guarantee from a first class bank, approved in advance by ISR, in the amount of ten percent (10%) of the Total Evaluated Price, as defined in Annex B, issued in the form attached hereto as Annex E (the "Performance and Warranty Guarantee"). 15.2 The Performance and Warranty Guarantee issued shall secure the punctual, complete and entire performance of all of the Supplier's obligations under undertaken in this Agreement, including without limitation to the Supplier's warranty obligations and Supplier's obligations to pay ISR any Liquidated Damages if applicable, Supplier shall furnish ISR within ten (10) days of the Effective Date, with an irrevocable autonomous bank guarantee to be paid upon first written demand without the need to prove or substantiate the demand from a first class bank, approved in advance by ISR, in the full amount of ten (10) percent of the full Consideration issued in the form attached hereto as Annex E (the "Performance and Warranty Guarantee"). 16.2. 15.3 The Performance and Warranty Guarantee shall remain in full force and effect valid until sixty (60) the end of 60 days following the end of Warranty Period for the Warranty Period. 16.3last Wooden Sleepers delivered and accepted by ISR under the terms of this Agreement. The extension of the Performance and Warranty Guarantee shall be at the Supplier's sole responsibility. In the event the required extension is not submitted to ISR at least thirty (30) days prior to the expiry date of the existing guarantee, ISR shall be entitled to exercise such guarantee. 16.4. 15.4 Without derogating from the above, the submission of the Performance and Warranty Guarantee shall be a pre-pre condition to effecting any payments payment due to the Supplier under this Agreement.