Common use of Performance Guarantee for Mandatory Project Clause in Contracts

Performance Guarantee for Mandatory Project. 10.2.1 The Developer hereby confirms that it has duly provided the Performance Guarantee for Mandatory Project, being a bank guarantee in form set out in Schedule 19 (Performance Guarantee for Mandatory Project), and undertake to keep valid and effective (including through necessary extensions and/ or renewals and/ or reinstatements thereof) until expiry of six months beyond the date on which the last of the following obligations are completed:

Appears in 14 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

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