Performance Guaranties definition

Performance Guaranties means all Guaranties of the Borrower or any of its Subsidiaries delivered in connection with the construction financing of drill ships, offshore mobile drilling units or offshore drilling rigs for which firm drilling contracts have been obtained by the Borrower, any of its Subsidiaries or a SPV.

Performance Guaranties means, collectively, guaranties by the Borrower or any of its Subsidiaries of obligations of any Unrestricted Subsidiary (but not of Indebtedness of any Unrestricted Subsidiary) not to exceed in the aggregate amount outstanding of $200,000,000 at any time.

Performance Guaranties means all guaranties of TINC, Holdings, or any other Member of the Consolidated Group delivered in connection with the construction financing of Rigs for which firm drilling contracts have been obtained by TINC, Holdings or any other Member of the Consolidated Group.

Examples of Performance Guaranties in a sentence

• Subparagraph 9.19 (Payment and Performance Guaranties) for additional information on the requirements for these Guaranties.

• Versant's failure to require the satisfaction of any one or more of these conditions precedent shall not be deemed a waiver thereof, nor shall such failure in any way alter, modify or vitiate Seller's obligations hereunder or any guarantor's obligations under the respective Performance Guaranties.

• Xxxxxx Mechanical, with Owner’s assistance, shall Startup the Plant and begin the Performance Test as soon as the conditions to Startup described in Exhibit E have been completed to achieve and sustain the Performance Guaranties described in Exhibit D in accordance with the Performance Test Protocols described in Exhibit C.

• The provisions of this Factoring Agreement may be modified or amended only by a written instrument duly executed on behalf of Versant and Seller by their respective duly authorized representatives and no such amendment or modification hereof will in any way release or diminish any guarantor's obligations under the respective Performance Guaranties.

• Wallingford Performance Guaranties Covanta Guaranty, dated December 17, 2008, between Covanta Energy Corporation and Town of Cheshire, CT, Town of Hamden, CT, City of Meriden, CT and Town of Wallingford, CT.

More Definitions of Performance Guaranties

Performance Guaranties means all guaranties of the Company, the Parent, or any other Member of the Consolidated Group delivered in connection with the construction financing of Drillship or Drilling Rig for which firm drilling contracts have been obtained by the Company, the Parent or any other Member of the Consolidated Group.

Performance Guaranties means, collectively, guaranties by the MLP or any of its Subsidiaries of obligations of any Unrestricted Subsidiary (but not of Indebtedness of any Unrestricted Subsidiary) not to exceed in the aggregate amount outstanding of $100,000,000 at any time.

Performance Guaranties means (a) Performance Letters of Credit that do not constitute Letters of Credit and (b) Specified Surety Bonds.

Performance Guaranties means all Guaranties of performance (and not financial Guaranties) of the Parent Borrower or any of its Restricted Subsidiaries delivered in connection with the construction, operation, ownership or financing of drill ships, offshore mobile drilling units or offshore drilling rigs.

Performance Guaranties means all guaranties of TINC, Holdings, or any other Member of the Consolidated

Performance Guaranties shall have the meaning set forth in Section 9.4 of this Agreement.

Performance Guaranties means the Construction Performance Bond, the Operations Bond, the Guaranty, the Operation Period Letter of Credit, the Letter of Credit, the Unconditional Guaranty, and the Insurance set forth in Schedule 4 or any combination thereof.