Examples of Contractor Guarantor in a sentence
The Contractor Guarantor is executing and delivering the Completion Guaranty, a copy of which is attached as Exhibit I, under which it shall guarantee to the Concessionaire and the Department the performance and completion of all of the Design Build Contractor’s obligations under the Design-Build Contract (including, but not limited to, its warranty and indemnification obligations).
If audited financials are not available for the Proposer, an Equity Member, the Design-Build Contractor, Guarantor or Financially Responsible Party, the Proposal shall include unaudited financial statements for such entity, certified as true, correct and accurate by the chief financial officer or treasurer of the entity.
Such form of security shall: be issued by an entity with the same or better credit rating than the O&M Contractor Guarantor had at the time of the entry into the Parent Company Guarantee; be in a form agreed by the Project Company; and have the same expiry date as the Parent Company Guarantee.
If audited financials are not available for the Proposer, an Equity Member, the Lead Contractor, Guarantor or Financially Responsible Party, the Financial Proposal shall include unaudited financial statements for such entity, certified as true, correct and accurate by the chief financial officer or treasurer of the entity.
If an event set out in Clause 4.12(b) occurs to the O&M Contractor Guarantor and such event cannot be rectified by the provision of a substitute parent company guarantee on equal terms to the Parent Company Guarantee, then the O&M Contractor shall provide the alternative form of security demanded by the Project Company in this Clause 4.12(d).
If Proposer, an Equity Member, the Lead Contractor, Guarantor or Financially Responsible Party is a newly- formed entity, Proposer shall expressly state that such entity is a newly formed entity and does not have independent financial statements.
If the Using Governmental Unit enters into a Contract with Contractor, Guarantor will receive a significant economic benefit of reasonably equivalent value by virtue of its relationship with Contractor; accordingly, Guarantor seeks to induce Using Governmental Unit to enter into a Contract with Contractor.
Such form of security shall be issued by an entity with the same or better credit rating than the Installation Contractor Guarantor had at the time of the entry into the Parent Company Guarantee: in a form agreed by the Project Company; and with the same expiry date as the Parent Company Guarantee.
FM Contractor Guarantor) – the ultimate holding company of the FM Contractor which guarantees the performance by its subsidiary of its obligations under the FM Contract.
Original Completion Guaranty means the Guaranty of Performance and Completion issued by the Original Contractor Guarantor in substantially the form attached to the Agreement as Exhibit I-1, as it may be amended or supplemented.