Common use of Contract Performance Security Clause in Contracts

Contract Performance Security. We hereby declare that in case the contract is awarded to us, we shall submit the performance Guarantee Bond in the form of DD or Bank Guarantee for an amount as per the set formula.

Appears in 2 contracts

Sources: Annual Rate Contract, Annual Rate Contract

Contract Performance Security. We hereby declare that in case the contract is awarded to us, we shall submit the performance Guarantee Bond in the form of DD or Bank Guarantee for an the amount as per of 10% of the set formulatotal order value.

Appears in 1 contract

Sources: Microsoft Campus Agreement