Common use of CONTRACTOR GUARANTEES Clause in Contracts

CONTRACTOR GUARANTEES. 9.3.1 On the Effective Date, Contractor shall deliver an executed Contractor Guarantee to Owner. Contractor shall cause the Contractor Guarantee to remain in full force and effect until the expiration of the Warranty Period. Contractor acknowledges that Owner shall have the right, in its sole discretion, to issue demands for payment under the Contractor Guarantee. 9.3.2 As soon as available, but in any event no later than [***] Days after the end of each applicable six (6) month period, Contractor or the Contractor Guarantor shall deliver to Owner a copy of the audited consolidated balance sheets at the end of each such period as well as the related consolidated statements of income, retained earnings, and cash flows for such period. All financial statements delivered pursuant to this Section 9.3 shall be complete and correct in all material respects and shall be prepared in accordance with A-IFRS applied consistently throughout the periods reflected therein. If the Contractor Guarantor makes the foregoing financial statements publicly available on its website or through filings pursuant to applicable securities laws, then the requirements of this Section 9.3 shall be deemed met by the Contractor Guarantor making such financial statements publicly available in accordance with the requirements of applicable securities laws or, otherwise, in accordance with its customary practice.

Appears in 3 contracts

Sources: Engineering, Procurement and Construction Agreement (Venture Global, Inc.), Engineering, Procurement and Construction Agreement (Venture Global, Inc.), Engineering, Procurement and Construction Agreement (Venture Global, Inc.)

CONTRACTOR GUARANTEES. 9.3.1 On Owner acknowledges receipt of the Effective Date, Contractor shall deliver an executed Contractor Guarantee to OwnerGuarantee. Contractor shall cause the Contractor Guarantee to remain in full force and effect until the expiration of the Warranty Period. Contractor acknowledges that Owner shall have the right, in its sole discretion, to issue demands for payment under the Contractor Guarantee. 9.3.2 As soon as available, but in any event no later than [***] Days after the end of each applicable six (6) month period, Contractor or the Contractor Guarantor shall deliver to Owner a copy of the audited consolidated balance sheets at the end of each such period as well as the related consolidated statements of income, retained earnings, and cash flows for such period. All financial statements delivered pursuant to this Section 9.3 shall be complete and correct in all material respects and shall be prepared in accordance with A-IFRS applied consistently throughout the periods reflected therein. If the Contractor Guarantor makes the foregoing financial statements publicly available on its website or through filings pursuant to applicable securities laws, then the requirements of this Section 9.3 shall be deemed met by the Contractor Guarantor making such financial statements publicly available in accordance with the requirements of applicable securities laws or, otherwise, in accordance with its customary practice.

Appears in 1 contract

Sources: Engineering, Procurement and Construction Agreement (Venture Global, Inc.)