Return of Guarantee. The guarantee shall be returned to the Concession Holder, after deduction of the amounts necessary to ensure fulfillment of any outstanding obligations assumed by the Concession Holder, within 60 days of the extinction of the Concession, provided such extinction was not motivated by fault or negligence on the part of the Concession Holder. If the extinction of the Concession takes place because of fault or negligence on the part of the Concession Holder, the latter shall permanently forfeit the full amount of the guarantee, which shall be added to the compensation for damages payable to the Concession Grantor.
Return of Guarantee. On receipt of the Guarantee Payment by DKB, and contemporaneously with the Closing, Buyer shall receive from DKB the original DKB Guarantees canceled as of the Closing.
Return of Guarantee. Subject to clause 10.2, the Landlord must return every Bank Guarantee to the Tenant promptly following (as appropriate):
Return of Guarantee. USAC will begin the withdrawal process to return the guarantee with any interest to the Team on March 31st of the year following the Team’s last year as a Continental Team. If the team will remain a Continental Team the following year, but its required guarantee is less than the amount currently held, USAC will remit the difference to the Team on/after March 31st.
