Examples of Guarantee sum in a sentence
This sort of Guarantee would require higher money edge with insurance security covering the Guarantee sum with Power of Attorney to gather bills from the recipient (Government Organizations and Institutions, Corporations, Companies and so forth.).The Performance Guarantee may be mainly of two types2.1 Good Performance of Undertaking GuaranteeThis kind of certification is issued to guarantee the correct and auspicious execution of endeavors by the effective bidder.
Additionally, the first year of the Phase I-Dev Tax Guarantee sum and the first year of the Phase I-Dev and Phase 2-Dev Tax Guarantee sum shall be secured by a letter of credit or other form of surety reasonably acceptable to the City.
The Chairman proposed a recommendation to Council that the Fidelity Guarantee sum insured be increased by £50,000, at an additional cost of £50.96 per annum.
Accordingly, this kind of Guarantee ought to as a rule be issued at higher money edge with insurance security covering the Guarantee sum.