Common use of Renewal of a Bank Guarantee Clause in Contracts

Renewal of a Bank Guarantee. (a) The Borrower may request any Bank Guarantee issued on its behalf be renewed by delivery to the Agent of a Renewal Request by the Specified Time.

Appears in 2 contracts

Samples: Cascal Facility Agreement (Cascal N.V.), Facility Agreement (Cascal B.V.)

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Renewal of a Bank Guarantee. (a) The A Borrower may request any Bank Guarantee issued on its behalf be renewed by delivery to the Agent of a Renewal Request by the Specified Time.

Appears in 1 contract

Samples: Cascal Facility Agreement (Cascal N.V.)

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Renewal of a Bank Guarantee. (a) The A Borrower (or the Company on its behalf) may request that any Bank Guarantee issued on its behalf of that Borrower be renewed by delivery to the Agent of a Renewal Request in substantially similar form to a Notice of Utilisation for a Bank Guarantee by not later than 12 noon on the Specified Timeday which is two Business Days prior to the date of renewal of such Bank Guarantee.

Appears in 1 contract

Samples: Randstad North America, L.P.

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