The Performance Guarantee Clause Samples
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The Performance Guarantee. 20.1.1. For securing the fulfillment of the Supplier’s obligations under the Contract and as a precondition for the execution of the Contract and the performance of the Works, the Supplier shall submit (at its own cost) to MWC a bank guarantee in the amount of ten percent (10%) of the Fixed Lump Sum (herein above and after: the "Performance Guarantee").
20.1.2. The Performance Guarantee shall be in the form attached hereto as Appendix F(1) (Performance Guarantee). The Performance Guarantee shall be valid, to the order of MWC, and remain in effect from the Signature Date until it is replaced with the Warranty Guarantee, in accordance with the provisions of Section 17.
20.1.3. The Performance Guarantee shall serve to secure the Supplier's timely, leading standard, complete and comprehensive compliance with all warranties, representations, obligations and undertakings under the Contract Documents.
20.1.4. In the event MWC draws down on the Performance Guarantee or any part thereof, then the Supplier shall restore the Performance Guarantee to its original sum at the same terms and conditions within seven (7) days.
20.1.5. The Supplier shall be entitled to adjust the amount of the Performance Guarantee in the event the Contract Price is decreased in accordance with the provisions of the Contract. All costs associated with such adjustment shall be at the Supplier’s full and sole responsibility.
20.1.6. The Supplier shall be required to adjust the amount of the Performance Guarantee with each increase of the Contract Price, at the Supplier’s costs.
The Performance Guarantee. Accredited Home Lending Holding Co. shall have executed and delivered the Performance Guarantee, which shall be in full force and effect, and the Collateral Agent shall have received a photocopy of the fully executed original thereof.
The Performance Guarantee. 6.1. You will have the opportunity to review the session`s work in-studio by listening to audio samples of the work. If you are not satisfied with the results of that session for any reason, we will refund any deposits or payment made for that session to you upon request. In this case, you agree that all recorded media remains the property of J.R. Media Productions and that no recorded media from the session shall be delivered to you for any reason. This guarantee no longer applies once the completed CD is in your hands and leaves the studio.
6.2. Once you accept recorded media at session’s end, J.R. Media Productions provides no warranty, express or implied, as to the suitability of your material for any purpose. By accepting recorded media at session`s end, you affirm the quality of all services rendered by the Studio as satisfactory and shall release J.R. Media Productions from any and all liability regarding said recording media and services rendered.
The Performance Guarantee. For securing the fulfillment of the Supplier’s obligations under the Contract and as a precondition for the execution of the Contract and the performance of the Works, the Supplier shall submit (at its own cost) to MWC a bank guarantee in the amount of 850,000 NIS of the Final Fixed Lump Sum (herein above and after: the "Performance Guarantee"). The Performance Guarantee shall be in the form attached hereto as Appendix H(1) (Performance Guarantee). The Performance Guarantee shall be valid, to the order of MWC, and remain in effect from the Signature Date until it is replaced with the Warranty Guarantee, in accordance with the provisions of Sections 0 014.210 (The Warranty Guarantee) and 2222 (EMS SOW). The Performance Guarantee shall serve to secure the Supplier's timely, leading standard, complete and comprehensive compliance with all warranties, representations, obligations and undertakings under the Contract Documents. In the event MWC draws down on the Performance Guarantee or any part thereof, then the Supplier shall restore the Performance Guarantee to its original sum at the same terms and conditions within 7 Days. Such replenishment may only be implemented at MWC's request no more than twice.
The Performance Guarantee. For securing the fulfillment of the Supplier’s obligations under the Contract and as a precondition for the execution of the Contract and the performance of the Works, the Supplier shall submit (at its own cost) to MWC a bank guarantee in the amount of 850,000 NIS of the Final Fixed Lump Sum (herein above and after: the "Performance Guarantee"). The Performance Guarantee shall be in the form attached hereto as Appendix H(1) (Performance Guarantee). The Performance Guarantee shall be valid, to the order of MWC, and remain in effect from the Signature Date until it is replaced with the Warranty Guarantee, in accordance with the provisions of Sections 09 (The Warranty Guarantee) and 22 (EMS SOW). The Performance Guarantee shall serve to secure the Supplier's timely, leading standard, complete and comprehensive compliance with all warranties, representations, obligations and undertakings under the Contract Documents. In the event MWC draws down on the Performance Guarantee or any part thereof, then the Supplier shall restore the Performance Guarantee to its original sum at the same terms and conditions within 7 Days. Such replenishment may only be implemented at MWC's request no more than twice. The Supplier shall be entitled – at MWC’s approval (subject to its sole discretion) - to adjust the amount of the Performance Guarantee in the event the Contract Price is decreased in accordance with the provisions of the Contract. All costs associated with such adjustment shall be at the Supplier’s full and sole responsibility. The Supplier shall be required to adjust the amount of the Performance Guarantee with each increase of the Contract Price, at the Supplier’s costs.
The Performance Guarantee