Common use of Bank Guarantees Clause in Contracts

Bank Guarantees. 19.1 There is no requirement for submission of Performance Bank Guarantee (PBG) by BSNL, as long as it is a 100% Government Owned Company.

Appears in 1 contract

Sources: Subsidy Disbursement Agreement

Bank Guarantees. 19.1 There is no requirement for submission of Performance performance Bank Guarantee (PBG) by BSNL, as long as it is a 100% Government Owned Companyowned company.

Appears in 1 contract

Sources: Agreement for Provision of Village Public Telephones (Vpts)

Bank Guarantees. 19.1 There is no requirement for submission of Performance performance Bank Guarantee (PBG) by BSNLBSNL , as long as it is a AS LONG AS IT IS A 100% Government Owned Companycompany.

Appears in 1 contract

Sources: Subsidy Disbursement Agreement