Refund Guarantee definition

Refund Guarantee means a, or if more than one, each refund guarantee arranged by the Yard in respect of a Pre-delivery Installment and provided by one or more financial institutions contemplated by the Construction Contract, or by other financial institutions reasonably satisfactory to the Lead Arrangers, as credit support for the Yard’s obligations thereunder.

Refund Guarantee means a refund guarantee arranged by the Yard in respect of a Pre-delivery Installment and provided by one or more financial institutions contemplated by the Construction Contract, or by other financial institutions reasonably satisfactory to the Joint Lead Arrangers, as credit support for the Yard’s obligations thereunder.

Refund Guarantee means the refund guarantee issued by the Refund Guarantor in favour of the Owner.

Examples of Refund Guarantee in a sentence

• On or prior to each Borrowing Date, all necessary governmental (domestic and foreign) and material third party approvals and/or consents in connection with the Construction Contract, any Refund Guarantee (to the extent issued on or prior to such Borrowing Date), the Vessel and the other transactions contemplated hereby (except to the extent specifically addressed in other sections of Section 5 or this Section 6) shall have been obtained and remain in effect.

• Effective on or about November 17, 2006: (i) the minimum initial investment for retirement accounts and custodial accounts for minors is $1,000, and (ii) subsequent investments through newly- established AIP accounts must be at least $1,200 annually.

• If the terms of a Refund Guarantee specify an expiry date, such expiry date shall be at least 30 days after the date when the Vessel is expected to be delivered to, and accepted by, the Buyer.

• The Refund Guarantee may be issued by means of an authenticated swift message to the Buyer’s nominated bank in which case payment shall be made within five (5) banking days of receipt of such swift message by the Buyer’s bank.

• The provisions of the Plan shall be construed, administered and governed by the laws of the Commonwealth of Pennsylvania, including its statute of limitations provisions, but without reference to conflicts of law principles, and in accordance with the requirements of Section 409A of the Code to prevent the inclusion of awards in gross income before the time of payment.

More Definitions of Refund Guarantee

Refund Guarantee means each of the Vessel A Refund Guarantee, the Vessel B Refund Guarantee, the Vessel C Refund Guarantee, the Vessel D Refund Guarantee, the Vessel E Refund Guarantee and the Vessel F Refund Guarantee and in the plural means all of them;

Refund Guarantee means each of the Vessel A Refund Guarantee and the Vessel B Refund Guarantee and in the plural means both of them;

Refund Guarantee means, in relation to each Ship, each refund guarantee issued by the Refund Guarantor in favour of the relevant Borrower pursuant to the Shipbuilding Agreement in respect of such Ship;

Refund Guarantee means the letter of guarantee issued by the Refund Guarantor in favour of the Borrower in respect of the Builder’s obligations under the Shipbuilding Contract;

Refund Guarantee means an irrevocable guarantee numbered M0902-505-LG-00025 dated 6 May 2005 issued by the Refund Guarantor in favour of the Original Buyer under the Shipbuilding Contract as the same will be assigned by the Original Buyer to the Borrower pursuant to an assignment agreement to be made between the Original Buyer and the Borrower (with such assignment being acknowledged by the Refund Guarantor);

Refund Guarantee means the refund guarantee dated [Ÿ] issued by the Refund Guarantor relating to the Vessel.

Refund Guarantee means the guarantee issued or to be issued by any refund guarantor in favor of any Debtor pursuant to any Construction Contract in the form set out in the Construction Contract (or in such other form as the relevant Debtor and the Agent shall agree).