Chevron Guarantee Clause Samples

Chevron Guarantee. In consideration of the NGC Entities' entering into Covered Contracts with the Chevron Entities, Chevron U.S.A. Inc. hereby unconditionally guarantees the performance of each Covered Contract by Chevron Production, Chevron Products and any other division or subsidiary of Chevron U.S.A. Inc. which may enter into a Covered Contract with an NGC Entity. For the same consideration, Chevron Chemical Company, Chevron Pipe Line Company, and Chevron Overseas Petroleum Inc. each hereby unconditionally guarantees the performance of each Covered Contract by any of their respective divisions or subsidiaries which may enter into a Covered Contract with an NGC Entity.