Examples of Parent Company Guarantees in a sentence
I The Performance Security Package is to be closed out based on the exchange of emails between the BBS Consortium and DLA Piper on 6 and 7 February 2008 regarding Parent Company Guarantee's and the CEC Guarantee.
Upon the occurrence of any event specified in Clauses 62.3(c)-(l) (as if such clauses referred to events with respect to "EELP or any substitute guarantor" rather than events with respect to "the other Party") or in the event of a breach by EELP or any substitute guarantor of its obligations under clause 14 of either of the Parent Company Guarantees, EE shall within 30 days procure a substitute guarantor meeting the conditions for a substitute guarantor set out in the Parent Company Guarantees.
Natural England accepts that Atkins PI insurance does not have a general cover for asbestos (6.4 of the Atkins tender proposal), and that Atkins does not routinely provide Parent Company Guarantees (6.4 of the Atkins tender proposal).
Individual Call Off Contracts may require the Supplier and Supply Chain to provide warranties and/or Parent Company Guarantees for the works and services delivered.
Buyer undertakes to co-operate with Seller and use its reasonable best efforts, to ensure that the Parent Company Guarantees and Security are released by the respective holders of such Parent Company Guarantees and Security on or before the Completion Date.
Parent Company Guarantees are given by • for a standalone company – the Controller, • for an unincorporated joint venture (more than one party) – the Controller of each Consortium Member or • for an incorporated joint venture– the Controller of each Consortium Member.
Except as set forth on Schedule 2.4(b)(ii), at Closing, Buyer shall deliver such documents and collateral as is necessary in order to substitute and release the Parent Company Guarantees.
The Developer may, at its request, reissue to the Connecting Transmission Owner the Parent Company Guarantees to reflect such reduced amount following Connecting Transmission Owner’s receipt of each Prepayment Amount from Developer, in a form and substance reasonably satisfactory to Connecting Transmission Owner for the remaining Project Costs.