Parent Company Guarantee definition

Parent Company Guarantee means a guarantee issued in favour of the Operator in substantially the form set out in Schedule 6 (Form of Parent Company Guarantee).

Parent Company Guarantee means a parent company guarantee to be delivered by the Supplier pursuant to Clause 5.6;

Parent Company Guarantee means a parent company guarantee in the form set out in Part B of Section VII – Performance Security.

Examples of Parent Company Guarantee in a sentence

• Alternatively, in case the SSO will accept the Parent Company Guarantee: The Storage Customer shall submit to the SSO the original of an irrevocable and unconditional Parent Company Guarantee (hereinafter referred to as the ”PCG”) in favor of the SSO to secure all obligations arising from this Agreement.

• For avoidance of doubt, it is in sole discretion of the SSO to accept either a Parent Company Guarantee and/or a Bank Guarantee.

• Bond The Contractor shall within 14 days of the date of this Contract deliver to the Employer a Parent Company Guarantee duly executed by its ultimate parent company in the form set out in Schedule 13 in favour of the Employer.

• Bank Guarantee / Parent Company Guarantee: (applicable only if required by the SSO based on the creditworthiness assessment of the Participant) Based on the creditworthiness assessment of the registered Participants, the SSO shall be entitled to request from the successful Participants a Parent Company Guarantee or a Bank Guarantee.

More Definitions of Parent Company Guarantee

Parent Company Guarantee has the meaning set forth in Section 11.18(a).

Parent Company Guarantee means the parent company guarantee in the form set out in Schedule 10 (Parent Company Guarantee).

Parent Company Guarantee means a guarantee, in favour of Seller, from Buyer’s Parent Company guaranteeing the payment and performance of the obligations by Buyer under the Confirmation Notice, in substantially the same form as that set out in Schedule H but always in a form and for a period acceptable to Seller.

Parent Company Guarantee. The parent company guarantee to be granted by RWE Solutions AG in favour of the Borrower in respect of RWE-IN’s obligations under the EPC Contract.

Parent Company Guarantee means a guarantee given by the Parent Company substantially in the form of the Twelfth Schedule or another form reasonably acceptable to the Minister;

Parent Company Guarantee means the guarantee in the form set out in Appendix 10;

Parent Company Guarantee means the parent company guarantee to be provided by the Operating Company to the Scottish Ministers, described in this Schedule 1 Conditions of Contract, Clause 2 Operating Company’s Main Responsibilities, 2.11 Sureties Including Bond and Undertaking & Parent Company Guarantee.