Fulfillment warranty Sample Clauses

Fulfillment warranty. GLOBAL DATATEL undertakes to constitute in benefit and to satisfaction of DIDISA, within the 20 days following the date of subscription of the present contract, in an insurance company legally established in Colombia and with applicability into an insurance policy with an insured amount equivalent to 20% of the estimated amount of the present Contract, in order to guarantee the payment of the default of the obligations of the Contract, in effect for a term of 8 months, starting since the subscription date.
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