Parent Company Guarantee definition

Parent Company Guarantee means a parent company guarantee to be delivered by the Supplier pursuant to Clause 5.6;

Parent Company Guarantee means a guarantee issued in favour of the Operator in substantially the form set out in Schedule 6 (Form of Parent Company Guarantee).

Parent Company Guarantee means a parent company guarantee in the form set out in Part B of Section VII – Performance Security.

Examples of Parent Company Guarantee in a sentence

• In the event, the successful applicant elects to provide any guarantee other than a Parent Company Guarantee during exploration phase, the guarantee so provided would only be released in case all work obligations including but not limited to social welfare, training, data, rental etc.

• Any notice given under or in connection with this Parent Company Guarantee shall be in English.

• This Parent Company Guarantee is a continuing guarantee and shall be effective as of the Effective Date of the Agreement, and remain in full force so long as Buyer has obligations to be performed by it in accordance with the Agreement and/or the Parent Company has obligations pursuant to or arising out of this Parent Company Guarantee.

• This Parent Company Guarantee shall not be reduced or defeated by any other compensation, which Seller receives on account of any breach, claim, liability or loss by Buyer.

• There is no action, suit or proceeding at law or in equity by or before any court or arbitral tribunal now pending or, to the best of the knowledge of the Parent Company, threatened against the Parent Company which would reasonably be expected to have a material adverse effect on the Parent Company’s ability to perform its obligations under this Parent Company Guarantee.

More Definitions of Parent Company Guarantee

Parent Company Guarantee means the parent company guarantee in the form set out in Schedule 10 (Parent Company Guarantee).

Parent Company Guarantee has the meaning set forth in Section 9.19.

Parent Company Guarantee. The parent company guarantee to be granted by RWE Solutions AG in favour of the Borrower in respect of RWE-IN’s obligations under the EPC Contract.

Parent Company Guarantee means the guarantee in the form set out in Appendix 10;

Parent Company Guarantee means a guarantee given by the Parent Company substantially in the form of the Twelfth Schedule or another form reasonably acceptable to the Minister;

Parent Company Guarantee has the meaning given to it in Clause 4.1(v).

Parent Company Guarantee means the guarantee, consistent with the form set forth in Annex 5, whose maximum amount is equal to the amount of the Consideration to be issued by the Contractor’s Parent Company in favour of the Principal, in compliance with Article 4.2, as guarantee for the obligations undertaken by the Contractor under this Contract.