Common use of REC Limited Clause in Contracts

REC Limited. as an alternative to submission of Performance Bank Guarantee by the SPD, issued in the form attached hereto as Schedule 2;

REC Limited. as an alternative to submission of Performance Bank Guarantee by the SPDSPD to SECI, issued in the form attached hereto as Schedule 2;

REC Limited. as an alternative to submission of Performance Bank Guarantee by the SPDSPD to DVC, issued in the form attached hereto as Schedule 2;

REC Limited. as an alternative to submission of Performance Bank Guarantee by the SPDSPD to NTPC, issued in the form attached hereto as Schedule 2;