Warranty Bond means an unconditional and irrevocable bank guarantee for an amount determined by Endeavour Energy, having regard to the value of the Network Connection Works which is:
Warranty Bond means the insurance bond on first demand equal to 15 % (fifteen per cent) of the Consideration, issued by a first-class insurance company which has been attributed, at least a S&P A-rating or which, in any case, satisfies the Principal and the Financing Entity;
Warranty Bond means an unconditional Standby Letter of Credit or a Bank Guarantee, payable with 30-day notice, issued by a reputable South African bank acceptable to Company (or confirmed by a reputable South African bank acceptable to Company, if issued by a foreign bank), in an amount and expiry date as stipulated in the Agreement. The Warranty Bond shall guarantee the faithful, complete and timely fulfilment of Provider’s obligations during the Warranty Period.
Examples of Warranty Bond in a sentence
Upon execution of this Agreement, Contractor shall provide a Warranty Bond in the amount of 20% of the Contract Price, as security for the true and faithful performance of all warranties set forth in Bid Documents and this Agreement.
More Definitions of Warranty Bond
Warranty Bond means the warranty bond to be provided by the Design- Builder on the Acceptance Date, as described and maintained pursuant to subsection 10.2(B) (Warranty Bond).
Warranty Bond is defined in Schedule 23 (Termination Buy-‐Out and Transfer Provision).
Warranty Bond shall have the meaning set forth in Section 8.1.7 of the Agreement.
Warranty Bond means an unconditional undertaking issued by a bank or insurance company in favour of LLEN for the amount stated in Item 9 of the Reference Schedule. Warranty Period means a period of three years commencing on the date of Electrification. We means LLEN Works means the works described in Item 10 of the Reference Schedule being:
Warranty Bond or “Warranty Certificate” shall mean a bond or a certificate issued by a bank or other financial institution, guaranteeing that any work defects
Warranty Bond has the meaning ascribed thereto in Article 3.2.2. of Part A of the Agreement. „Gwarancja Należytego Wykonania Zobowiązań Gwarancyjnych” ma znaczenie przypisane w art. 3.2.2.
Warranty Bond. A promise from a third party to fulfill Contractor’s warranty obligations under this Contract.