Contractor Guarantee definition

Contractor Guarantee means the guarantee issued by the Contractor Guarantor in the form of Exhibit F-6.
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Contractor Guarantee means each of (i) the Guaranty dated as of April 21, 2021 made by KBR, Inc. in favor of Owner and (ii) the Guaranty dated as of April 21, 2021 made by Xxxxxx Holdings, Inc. in favor of Owner, and “Contractor Guarantees” means both of them, collectively.
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Contractor Guarantee means a guarantee executed by the Contractor Guarantor in favor of Owner and the Common Facilities Owner in the form attached hereto as Appendix Y.
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Examples of Contractor Guarantee in a sentence

  • The Parties acknowledge and agree that each Contractor Guarantor shall be jointly and severally liable to Owner for each and every obligation and liability of Contractor under this Agreement, including any liabilities arising out of or relating to the alleged or actual delay, fault, default, non-performance or inadequate performance of Contractor, to the extent provided in each Contractor Guarantee.

  • Contractor acknowledges that Owner shall have the right, in its sole discretion, to issue demands for payment under the Contractor Guarantee.

  • To secure Contractor’s performance of its obligations hereunder, Contractor acknowledges and agrees that Owner shall have the right to hold (a) the Performance and Payment Bonds, and (b) the Contractor Guarantee.

  • Contractor shall cause the Contractor Guarantee to remain in full force and effect until the expiration of the Warranty Period.

  • Notwithstanding anything to the contrary contained herein, at Owner’s sole discretion, Owner may approve the completion of Punch List Items after Final Completion; provided, however, that if any such Punch List Items remain outstanding at Final Completion, Contractor shall cause the Contractor Guarantee to remain in full force and effect until Contractor’s completion of all of such Punch List Items to Owner’s satisfaction.


More Definitions of Contractor Guarantee

Contractor Guarantee means the guarantee dated on or around the date of this Agreement provided by the Contractor Guarantor in favour of the Borrower;
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Related to Contractor Guarantee

  • Contractor / Vendor means the Tenderer whose bid has been accepted and awarded Letter of Acceptance for a specific item followed by the signing of Contract.

  • Sub-Contractor means the person named in the Contract for any part of the works or any person to whom any part of the contract has been sublet by the contractor with the consent in writing of the Engineer-in-charge and will include the legal representatives, successors and permitted assigns of such persons.

  • Prime Contract means the contract between LOCKHEED MARTIN and the U.S. Government or between LOCKHEED MARTIN and its higher-tier contractor who has a contract with the U.S. Government.

  • EPC Contractor means the contractor responsible for engineering, procurement and construction of the Facility, including Seller if acting as contractor, and including all subcontractors.

  • Contractor Project Manager means the employee identified in a Statement of Work as the Contractor project manager.

  • CMPPA Agreement means the CMPPA Agreement between the SSA and CHHS.