Bank Guarantees definition

Bank Guarantees means the guarantees or letters of credit to be provided by the Company pursuant to clauses 18.1 and 22.9;
Bank Guarantees means guaranties issued or to be issued pursuant to the Multicurrency Letter of Credit Facility by a Multicurrency Issuing Bank or Affiliate thereof in form and substance satisfactory to the issuer thereof.
Bank Guarantees means those guarantees issued by the Filing Subsidiaries in favor of the Pre-Petition Lenders, guaranteeing the obligations of Fleming on the Pre-Petition Credit Agreement.

Examples of Bank Guarantees in a sentence

  • However, opening of bids will not be stopped for absence of any bidder or his authorized representative at the notified time.Note 3: Service Centres Preferably in three locations at Kolkata, Siliguri and Durgapur Note 4: In case extension required, Bank Guarantees are to be renewed prior to 30 days of their expiry.

  • If the Termination is on account of failure of the successful bidder to perform the obligations under this RFP contract, the Bank shall have the right to invoke the Performance Bank Guarantee(s) given by the selected bidder.

  • The Bank Guarantees towards EMD have to be in the name of the Bidding Company / Lead Member of Bidding Consortium.The Bidder shall furnish the Bank Guarantees towards EMD from any of the Banks listed in Annexure-C in favour of MSEDCL.

  • Bank Guarantees submitted by the tenderers as Earnest Money Deposit (EMD)/Performance Security need to be immediately verified from the issuing bank before its acceptance, through written communication.

  • Bank Guarantees submitted other than from banks approved by IPR will not be accepted.


More Definitions of Bank Guarantees

Bank Guarantees means the guarantees or letters of credit to be provided by the Company pursuant to clauses 18.1 and 22.9 of the Management Agreement; 'Business Day' means a day (other than a Saturday or Sunday) on which banks (as defined in the Banking Xxx 0000 (Commonwealth)) are generally open for business in Melbourne;
Bank Guarantees means the Guarantees of the Subsidiary Guarantors of Indebtedness outstanding under the Credit Agreements, as such Guarantees or agreements may be amended, restated or otherwise modified, and any successors thereto.
Bank Guarantees means any and all personal guarantees that have been provided by the Existing Shareholders to financial institutions to secure credit facilities granted to the Company and/or the Related Companies;
Bank Guarantees means bank guarantees, bank bonds or comparable instruments issued or to be issued pursuant to any Letter of Credit Facility by an L/C Issuer or Affiliate thereof in form and substance satisfactory to the issuer thereof.
Bank Guarantees means (i) the Commercial Guaranty and Addendum to Commercial Guaranty, dated June 24, 2016, by the Company for the benefit of Xxxxxxx Bank in the amount of $142,500, (ii) the Commercial Guaranty and Addendum to Commercial Guaranty, dated July 15, 2016, by the Company for the benefit of Xxxxxxx Bank in the amount of $141,750 and (iii) any other obligation whereby the Company has guaranteed Indebtedness of any of its Affiliates.
Bank Guarantees means either or both of them;
Bank Guarantees means the bank guarantees listed on Schedule 5.13(b).