Bank Guarantees. 21.1 Performance Bank Guarantee: Performance Bank Guarantee (PBG) valid for two years from any scheduled bank in prescribed format as per Annexure-IV has to be submitted before signing of LICENCE AGREEMENT for amount equal to Rs. 2 crores/ 20 Lakh for (category ‘A’ & ‘B’ service areas).
Appears in 3 contracts
Samples: Licence Agreement, Licence Agreement, Licence Agreement
Bank Guarantees. 21.1 Performance Bank Guarantee: Performance Bank Guarantee (PBG) valid for two years from any scheduled bank in prescribed format as per Annexure-IV has to be submitted before signing of LICENCE AGREEMENT for amount equal to Rs. 2 crores/ 20 Lakh for (category ‘A’ & ‘B’ service areas).
Appears in 2 contracts
Samples: Licence Agreement, Licence Agreement
