Parent Company Guarantees definition
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.
Parent Company Guarantees must come from the ultimate parent of the organisation to which the Potential Provider belongs.
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.
Faze Istražnog Obligation in respect of the Phase II of the Exploration Period to be undertaken by the Investor in the Exploration Block, while the amount of the Parent Company Guarantees shall be equal to seventy percent (70%) of the total Minimum Expenditure Obligation in respect of the Phase II of the Exploration Period to be undertaken by the Investor in the Exploration Block.
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.