Advance Payment Guarantee. The Advance Payment Guarantee shall guarantee the set-off or repayment of the advance payment. Within 10 Working Days upon confirmation of DDO by the Provider or Provider Affiliate, the Contractor shall provide a bank guarantee letter to Enel or Enel Affiliate for the amount specified in Part A of the relevant DDO, valid until full set-off or repayment of the advance payment (“Advance Payment Guarantee”). The Advance Payment Guarantee must:
Advance Payment Guarantee. To ensure the proper utilization of the advance payments that THE CONTRACTING PARTY makes, THE CONTRACTOR will deliver on behalf of THE CONTRACTING PARTY, prior to receiving them, the bank guarantee/s for an amount equivalent to the total of the advance payment; that is, 40 % of the contract amount. The guarantee/s will be reduced to the extent that the advance payment is amortized, until its/their total payment.
Advance Payment Guarantee. 30.16.2. As a precondition to payment to the Contractor of an advance payment according to this Agreement, if provided for under this Agreement, the Contractor shall furnish to ISR a guarantee for the full amount of such advance payment (hereinafter: the “Advance Payment Guarantee”).
Advance Payment Guarantee. If the Particular Conditions state that clause 10.4 applies, as a condition precedent for payment by UNICEF of any advance payment for which the percentage of the Contract Price stated in the Particular Conditions (“Advance Payment”) in accordance with clause 10.4, the Contractor shall submit an executed advance payment guarantee in the form at Appendix 2, from such surety or sureties as shall be approved by UNICEF (“Advance Payment Guarantee”). The Contractor shall ensure that (the Advance Payment Guarantee is valid and enforceable until the Advance Payment has been repaid in full (and shall extend the Advance Payment Guarantee as necessary in order to do so).
Advance Payment Guarantee. If the Particular Conditions state that this clause 4.7 applies, UNICEF shall make an advance payment for the percentage of the Contract Price stated in the Particular Conditions after the Contractor submits an executed advance payment guarantee in the form at Appendix 2 (“Advance Payment Guarantee”), from such surety or sureties as shall be approved by UNICEF. The Contractor shall ensure that the Advance Payment Guarantee is valid and enforceable until the advance payment has been repaid in full (and shall extend the Advance Payment Guarantee as necessary in order to do so). Any advance payment shall be repaid on the basis stated in the Particular Conditions. If the advance payment is to be repaid through deductions from invoices at a rate stated in the Particular Conditions, the advance payment shall be deducted as follows:
Advance Payment Guarantee. Is the joint, unconditional, irrevocable letter of guarantee, without benefit of excuse or division, and automatic enforceable in favor of FITEL, that THE CONTRACTOR shall deliver at the moment that XXXXX defines to ensure the correct use of advance payment referred in Paragraph 11.6.1 of BASES, that will be done in favor of THE CONTRACTOR in case it requested it in the Form No. 1 of Exhibit No. 5 of the BASES. It must be issued in accordance with the conditions established in the BASES.
Advance Payment Guarantee. 23.1.1. As a condition of the payment of the Advance Payment the Supplier will provide the IAA with an irrevocable, autonomous, unconditional guarantee for the amount of 15% of the System Price, in the form of Annex "F" (the "Advance Payment Guarantee").
Advance Payment Guarantee. The Supplier will (at its sole cost) procure the issuance of a Advance Payment Guarantee (“APG”) by a Bahrain bank (acceptable to the Purchaser) in favour of the Purchaser equivalent to the advance amount set out in the PO so if requested by the Purchaser. The APG shall be held by the Purchaser against any default by the Supplier in the performance or execution of any of its obligations under this PO (including but not limited to timely completion of the delivery and installation of Supplies in accordance with the terms of this PO). The APG shall be in Bahraini Dinar and valid until the completion of the final payment milestone set out in the PO. Other payments will be made in accordance with the payment term set out in the PO. The Supplier shall submit invoices to the Purchaser following the Purchaser’s issuance of an Acceptance Certificate, unless otherwise agreed by the Purchaser in this PO. The Purchaser must pay each properly issued and undisputed invoice within thirty (30) days following receipt of the invoice. GIB shall make reasonable endeavours to promptly pay undisputed invoices from the Supplier that are received in accordance with this PO, but cannot guarantee that such invoices will be paid before thirty (30) days from the date of receipt of such invoices.
Advance Payment Guarantee. 9.1.1 The Supplier shall, at its discretion, provide to the Contracting Entity an advance payment guarantee of any one of the following types:
Advance Payment Guarantee. 8.1.1 The Contractor(s) shall provide an Advance Payment Guarantee(s) under each of the Definitive Contract, in a total amount equal to the advance payment as prescribed in the respective Definitive Contract, issued by a bank(s) or insurance company acceptable to the Owner substantially in the form as Annex 1-4 (Forms of Guarantees).
