XXXX GUARANTEE. In addition to the Common Articles, it is specified that: In order to guaranty the proper execution of its contractual obligations pursuant to the Contract and/or Order(s), the Supplier shall issue in favor of the Purchaser a first demand and irrevocable performance bond from a first class bank or other financial institutes agreed by the Purchaser, to guaranty good performance by the Supplier of its obligations under the Contract. The Supplier shall issue the bondwithin thirty (30) daysafter issuance of the SPC or of the Order. Each performance bond shall amount to fifteen per cent (15%) of the total value of the concerned SPC and / or Order. Each performance bond shall expire when the transport service has been fully performed in compliance with the Contract.
XXXX GUARANTEE. Any and all current and future obligations of the Debtor with respect to the Bank for the following types of transactions ¨ type transactions ¨ type transactions Comprehensive (Po Kwal) Keun Guarantee Any and all current and future obligations of the Debtor with respect to the Bank (headquarters and/or branch offices) as follows:
XXXX GUARANTEE. Xxxx shall personally guarantee to the Construction Lender the payment and performance of all obligations of the Company under the Construction Loan, subject to such limitations on liability of Xxxx and guaranty termination provisions that are acceptable to the Construction Lender.
XXXX GUARANTEE. 12.1 In consideration of the Parent and the Buyer ("Neschen Guarantee Parties") entering into this Agreement the Guarantor hereby unconditionally and irrevocably guarantees to the Neschen Guarantee Parties the due and punctual performance by the Seller of all its obligations under this Agreement and under all agreements entered into pursuant hereto (including all variations, extensions and renewals), and undertakes to indemnify and keep indemnified the Neschen Guarantee Parties against all losses, damages, costs and expenses of whatsoever nature (including legal fees) which may be suffered or incurred by any of them by reason of any default or delay on the part of the Seller in the performance of the said obligations upon receipt of any of the Neschen Guarantee Parties' first demand in writing.
XXXX GUARANTEE. 14 15. HET Guarantee...................................................................................................................... 15
XXXX GUARANTEE. 14.1 The XXXX Guarantor unconditionally and irrevocably:
XXXX GUARANTEE. (a)Within 5 Business Days of the Connection Services Commencement Date, the Customer must provide AusNet Services with an unconditional bank guarantee in the form set out in Schedule 6 (or such other form as may be acceptable to AusNet Services) (Bank Guarantee) for the sum of [$xxxx] which must:
XXXX GUARANTEE. The contractor shall have to submit a Bank Guarantee of Rs. 1,00,000/- (Rs. One Lakh only) for the contract period from any Nationalized / Scheduled Bank except Gramin or Co-operative Bank as Security towards the safe custody of material provided by RFCL as per the Stock Register. The Bank Guarantee will be valid for till the expiry of Contract Period + Three months claim period thereafter.
XXXX GUARANTEE. 15.1.The Seller shall provide to the Buyer, no later than with the first invoice for advanced payment, an original of bank guarantee securing proper manufacture and delivery of the System to the Site in the amount of 50 % of the sum of advance payment proposed by the Seller for milestone “Procurement contract signed” and advance payment for milestone “Detailed design approved (RFM)” (i.e. the first and second milestones within the project of System delivery); the scope of the milestones is defined by the Buyer in Annex 1 hereto, while the amounts of advance payments are defined by the Seller in Annex 2 hereto. For avoidance of doubt, the Parties state that the Seller is under this Article 15 obliged to provide the bank guarantee only if the Seller requests/proposes an advance payment for milestone “Procurement contract signed” and/or “Detailed design approved (RFM)”.
XXXX GUARANTEE. 2.15 Xxxx, the sole director and officer of Xxxxxxx, hereby unconditionally and irrevocably guarantees (i) the due and punctual performance of Xxxxxxx of each and every covenant of Xxxxxxx arising under the Amalgamation, and (ii) the completeness and accuracy of the representations and warranties made by Xxxxxxx in this Agreement, as follows:
