Examples of Contract Guarantee in a sentence
B-2 Article B.5 Maximum Program Ceiling and Minimum Contract Guarantee..........................................
A seller who contacts the Agency with interest in a guarantee under the Land Contract Guarantee Program will be sent the land contract letter of interest outlining specific program details.
For purposes of sending and receiving notices and payments required by this Contract, Guarantee Insurance Company shall be deemed the agent of all other reinsured Companies referenced in this Contract.
As collateral security for its obligations under the Indenture, the Owner has and will assign, pledge, mortgage and grant the Indenture Trustee a security interest in, INTER ALIA, the Building Contract, the Agreement on Contract for Technical Matters and the Building Contract Guarantee.
B-2Article B.5 Maximum Contract Ceiling and Minimum Contract Guarantee ..............
Where the Customer has stipulated in the Contract Order Form that this Contract shall be conditional upon receipt of a Contract Guarantee, then, on or prior to the Contract Commencement Date or on any other date specified by the Customer, the Supplier shall deliver to the Customer: an executed Contract Guarantee from a Contract Guarantor; and a certified copy extract of the board minutes and/or resolution of the Contract Guarantor approving the execution of the Contract Guarantee.
In the event that any guarantee required in respect of the Contract ("Guarantee") has been provided or procured by any Party (the "Guarantor Party") prior to the Effective Date, the Guarantor Party shall maintain such guarantee in place after the Effective Date as required by the Government or in accordance with the Contract.
If the guarantee is to remain in effect, any transfer of the property and assump- tion of the guaranteed debt must be made to an eligible buyer for the Land Contract Guarantee Program as speci- fied in § 763.5(b), and must be approved by the Agency in writing.
We further confirm that the terms of the Building Contract Guarantee have not been varied or modified and that the terms of the Building Contract Guarantee will not after the date hereof be varied or modified without the prior written consent of the Indenture Trustee.
The undersigned will not permit any amendment, modification, cancellation or other alteration in the Building Contract Guarantee, nor will it consent to or accept the substitution thereunder of any party for the Owner without your prior written consent.