Common use of Claims under a Bank Guarantee Clause in Contracts

Claims under a Bank Guarantee. (a) Each Borrower irrevocably and unconditionally authorises the Issuing Bank to pay any claim made or purported to be made under a Bank Guarantee requested by it and which appears on its face to be in order (a “claim”).

Appears in 2 contracts

Samples: Facilities Agreement (Sirona Dental Systems, Inc.), Facilities Agreement (Sirona Dental Systems, Inc.)

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Claims under a Bank Guarantee. (ac) Each The Borrower irrevocably and unconditionally authorises the Issuing Bank to pay any claim made or purported to be made under a Bank Guarantee requested by it and which appears on its face to be in order (a “claim”).

Appears in 2 contracts

Samples: Cascal Facility Agreement (Cascal N.V.), Cascal Facility Agreement (Cascal N.V.)

Claims under a Bank Guarantee. (a) Each Borrower irrevocably and unconditionally authorises the each Issuing Bank to pay any claim made or purported to be made under a Bank Guarantee issued by such Issuing Bank and requested by it (or requested by the Obligors’ Agent on its behalf) and which appears on its face to be in order (a “claim”).

Appears in 1 contract

Samples: Senior Facilities Agreement (Toys R Us Inc)

Claims under a Bank Guarantee. (a) Each Borrower irrevocably and unconditionally authorises the Issuing Bank to pay any claim made or purported to be made under a Bank Guarantee requested by it (or requested by the Company on its behalf) and which appears on its face to be in order (in this Clause 7, a “claim”).

Appears in 1 contract

Samples: Randstad North America, L.P.

Claims under a Bank Guarantee. (ae) Each The Borrower irrevocably and unconditionally authorises the Issuing Bank to pay any claim made or purported to be made under a Bank Guarantee requested by it and which appears on its face to be in order (a “claim”).

Appears in 1 contract

Samples: Facility Agreement (Cascal B.V.)

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Claims under a Bank Guarantee. (a) Each The Borrower irrevocably and unconditionally authorises the Issuing Bank each Facility C Lender to pay any claim made or purported to be made under a Bank Guarantee requested by it the beneficiary of that Bank Guarantee and which appears on its face to be in order (a “claim”).

Appears in 1 contract

Samples: Facility Agreement (Las Vegas Sands Corp)

Claims under a Bank Guarantee. (a) Each The Borrower irrevocably and unconditionally authorises the Issuing Bank each Lender to pay any claim made or purported to be made under a Bank Guarantee requested by it the beneficiary of that Bank Guarantee and which appears on its face to be in order (a “claim”).

Appears in 1 contract

Samples: Agreement (Las Vegas Sands Corp)

Claims under a Bank Guarantee. (a) Each The Borrower irrevocably and unconditionally authorises the Issuing Bank to pay any claim made or purported to be made under a Bank Guarantee requested by it and which appears on its face to be in order (a “good order. The Borrower shall immediately on demand pay to the Issuing Bank an amount equal to the amount paid by the Issuing Bank in respect of any claim”).

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Seawell LTD)

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