Examples of Performance and Warranty Guarantee in a sentence
The entity issuing the Performance and Warranty Guarantee shall have at least an "A" rating from Xxxxx'x, or an equivalent rating as designated by a nationally recognized ratings firm, and be included in the most recent listing of companies holding Certificates of Authority as Acceptable Sureties on Federal Bonds and as Acceptable Reinsuring Companies, Department of Treasury, Circular 570.
The Developer’s obligation to construct Improvements depicted within the Approved Plans shall be secured by a Performance and Warranty Guarantee.
In the event, that any of the above circumstances shall occur, Supplier shall immediately and no later than ninety-six (96) hours from ISR's demand, repay ISR for all outstanding amounts received from ISR, without derogating from any of ISR's rights under any law and/or this Agreement, to collect the Performance and Warranty Guarantee or any other right available to ISR under any law and/or this Agreement.
For the avoidance of doubt, once the Operator has provided the replacement Performance and Warranty Guarantee, the original Performance and Warranty Guarantee shall cease to have effect.
If ISR elects to exercise its rights set forth in 19.1, Supplier shall ensure that the Performance and Warranty Guarantee remains valid until two months following the end of the Warranty Period.
No later than seven (7) Business Days following the Effective Date the Supplier shall furnish ISR with an irrevocable autonomous bank guarantee, approved in advance by ISR and issued in the form attached hereto as Annex G2 in the amount equal to five percent (5%) of the Machine Price, valid until two (2) months following the end of the Warranty Period (the "Performance and Warranty Guarantee").
In the event, that Supplier shall supply both PRRV and TRRV { in accordance with the outcome of the Tender], then the Performance and Warranty Guarantee shall reflect both the PRRV and TRRV Price.
If the downgrading is attributable to the Guarantor and not the market in general, the DEA shall always be entitled to require that a replacement Performance and Warranty Guarantee shall be provided.
Until Supplier shall have issued the Performance and Warranty Guarantee as per the above, the Bid Guarantee shall serve as the Performance and Warranty Guarantee for any and all purposes.
No later than seven (7) Business Days following the Effective Date the Supplier shall furnish ISR with an irrevocable autonomous bank guarantee, approved in advance by ISR and issued in the form attached hereto as Annex G2 in the amount equal to ten percent (10%) of the BRM Price, valid until two (2) months following the end of the Warranty Period (the "Performance and Warranty Guarantee").