guarantee contract definition

guarantee contract means a contract entered into by a person as guarantor;

guarantee contract means the contract, if any, that guarantees the fulfillment of all or part of the obligations contracted by the Borrower under this Contract and under which the Guarantor assumes other obligations for which it is liable.

guarantee contract means a contract entered into by a person as guarantor; “guarantor” means a person who, for the purpose of assuring performance of any

Examples of guarantee contract in a sentence

• The Counter-Guarantor irrevocably authorizes the Bank to make any Guaranteed Payment in favor of the Guaranteed Creditors in accordance with the provisions of the Guarantee Contract upon receipt of a payment demand.

• The Stand-by Fee shall not exceed zero point seventy-five percent (0.75%) per annum and will begin to accrue from the date of signature of the Guarantee Contract until the date in which the Guaranteed Amount is one hundred percent (100%) callable.

• If the Counter-Guarantor requests the Bank to partially or entirely cancel the Guarantee, such cancellation will be subject to the Bank's ability to perform the cancellation in accordance with the terms and conditions of the Guarantee Contract.

• The Guarantee Fee shall be paid by the Counter-Guarantor semi-annually, and the first payment shall be due on the expiration date of the six-month (6-month) period following the date of entry into force of the Guarantee Contract.

More Definitions of guarantee contract

guarantee contract. (Hợp Đồng Bảo Lãnh) means the contract between the Seller and a commercial bank qualified, according the relevant list announced by the State Bank of Vietnam, to issue guarantee of the financial obligations of the Seller to the Buyer in case the Seller does not hand over the Apartment in accordance with the progress committed with the Buyer. 1.1.1. Khu Đất" có nghĩa nhƣ quy định tại Điều 2.8.

guarantee contract means any guarantee contract or other similar arrangement signed by the Pledgee or its designee with a bank for the purpose of guaranteeing the performance by the Pledgor of Loan Contracts or other fund arrangements between the Pledgor and the bank.

guarantee contract means the Contract of Guarantee between MIGA and an Eligible Investor by which MIGA provides political risk insurance for Covered Risks associated with an Eligible Investment;

guarantee contract means any of the contracts referred to in Section 2.01 (b) (ii) of the Project Agreement;

guarantee contract means a [/] guarantee contract signed between the Guarantor and the Agent on [/].

guarantee contract means a contract en- tered into by a person as guarantor;

guarantee contract means a contract entered into by a 25