Guarantee No Clause Samples

The "Guarantee No" clause serves to clarify that no guarantees or warranties are being provided by one party to the other within the context of the agreement. In practice, this means that the party disclaims any responsibility for the performance, quality, or outcome of goods, services, or obligations covered by the contract. This clause is commonly used to limit liability and manage expectations, ensuring that the recipient cannot later claim reliance on any unprovided guarantees.
Guarantee No. GU- 01-048/10 of Luxoft International Company Limited, Akara Building, ▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, Wickhams Cay 1, ▇.▇. ▇▇▇ ▇▇▇▇, ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇;
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Guarantee No. We hereby guarantee a pay-off amount up to 572,000 NIS (five hundred seventy two thousand NIS)* when it is subject to the economic index as specified herein (hereinafter the “Guarantee Amount”), which you will receive or should receive from Vyyo Ltd (hereinafter the “Applicants”) with respect to the agreement dated November 4, 2004 executed between your and the Applicants (hereinafter the “Agreement”). For the purposes pf this guarantee, the term “economic index” shall mean: the index of consumer prices, which includes fruits and vegetable and which is published by the Central Bureau of Statistics and General Research, even if the same index is published by a different governmental institute in addition to any other replacing official index, whether or not it be constructed by the same data according to which the current index is set (constructed). If it will turn out that the last index published before payment according to this guarantee (hereinafter: the “New Index”) that the New Index increased compared to the September 2004 index that was published on 15/10/2004 that is 100.6 points (hereinafter: the “Basic Index”)* then, the Guarantee Amount will be calculated with an increase in a rate similar to rate of the New Index as opposed to the Basic Index. We will pay you, from time to time, in any event within 7 days after your first written demand, any amount up to the Guarantee Amount, without imposing on you a justifiable basis for your request or demand first a payment from the Applicants, conditioned (however) upon that the inclusive amount that we will have to pay as per your total demands will not exceed the Guarantee Amount. Should the guarantee will not be fully consummated, the guarantee will remain in effect for the unused amount. This guarantee is in effect until the day of inclusive, and any written demand must arrive to the branch’s offices, the undersigned, whose address is , should arrive no later then the specified date; a demand that is served upon us after the specified date herein will not be answered. We will not be permitted to cancel the guarantee for any reason or cause. We will not be permitted to refrain from payment in accordance with this guarantee for any reason or cause and we hereby specifically renounce any future claims including any option that this granted to the guarantor by law. In addition to the stated-above the guarantee is final, decisive, irrevocable, unconditional and independent. This guarantee is subject to conv...
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Guarantee No. We hereby guarantee a pay-off amount up to 676,600 NIS (six hundred seventy six thousand and six hundred NIS)* when it is subject to the economic index as specified herein (hereinafter the “Guarantee Amount”), which you will receive or should receive from Xtend Networks Ltd (hereinafter the “Applicants”) with respect to the agreement dated November 4, 2004 executed between you and the Applicants (hereinafter the “Agreement”).
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Guarantee No selvskyldnerkausjon) and indemnity Each Guarantor hereby, jointly and severally, irrevocably and unconditionally: a) guarantees to the Security Agent (on behalf, and for the benefit, of the Secured Parties), as independent primary obligor (No. selvskyldner), the payment, discharge and punctual performance of the Guaranteed Obligations until the expiry of the Guarantee Period; b) undertakes with the Security Agent (on behalf, and for the benefit, of the Secured Parties) that it shall, when due under or in connection with any Debt Document, promptly upon demand pay any amount owed in connection with the Guaranteed Obligations as if it was the primary obligor; and c) undertakes with the Security Agent (on behalf, and for the benefit, of the Secured Parties) that it shall, if any of the Guaranteed Obligations is or becomes unenforceable, invalid or illegal, promptly upon demand indemnify the Security Agent (on behalf, and for the benefit, of the Secured Parties) against any cost, loss or liability incurred as a result of such unenforceability, invalidity or illegality, and pay, on the relevant due dates, any amounts which would have been payable in respect of any Debt Document if it had not been for such unenforceability, invalidity or illegality. The amount payable by a Guarantor under this indemnity will not exceed the amount the Guarantor would have had to pay under this Guarantee if the amount claimed had been recoverable on the basis of a guarantee.
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Related to Guarantee No

  • Guarantee Limitations The limitations applicable to the Guarantees, as set forth in Section 209 of the Indenture, will apply to the Guarantees issued hereunder; provided, however, that any further limitations, or any amendments or modifications to such Guarantees or limitations thereon, shall be set forth in an additional supplemental indenture, in each case in accordance with the Indenture.

  • Guarantee The Guarantor irrevocably and unconditionally agrees to pay in full to the Holders the Guarantee Payments (without duplication of amounts theretofore paid by the Issuer), as and when due, regardless of any defense, right of set-off or counterclaim that the Issuer may have or assert. The Guarantor's obligation to make a Guarantee Payment may be satisfied by direct payment of the required amounts by the Guarantor to the Holders or by causing the Issuer to pay such amounts to the Holders.

  • Guarantee Agreement By executing and delivering this Assumption Agreement, the Successor Guarantor, as provided in Section 3.12 of the Guarantee Agreement, hereby becomes a party to the Guarantee Agreement as a Guarantor thereunder with the same force and effect as if originally named therein as a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Guarantor thereunder.

  • The Guarantee Each Guarantor hereby jointly and severally with the other Guarantors guarantees, as a primary obligor and not merely as a surety to each Secured Party and their respective permitted successors and assigns, the prompt payment in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of (i) the Title 11 of the United States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code and (ii) any other Debtor Relief Laws) on the Loans made by the Lenders to, and the Notes held by each Lender of, the Borrower, and all other Secured Obligations from time to time owing to the Secured Parties by any Loan Party or any Subsidiary under any Loan Document or any Secured Hedge Agreement or any Treasury Services Agreement, in each case strictly in accordance with the terms thereof (such obligations, including any future increases in the amount thereof, being herein collectively called the “Guaranteed Obligations”); provided, however, that Guaranteed Obligations shall exclude all Excluded Swap Obligations. The Guarantors hereby jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.

  • Payment Guarantee 53.1. On Contracts where one hundred (100%) percent performance bonds and payment bonds are executed, this Article does not apply. 53.2. In the event the terms of this Contract do not require the Contractor to provide a payment bond or where the Contract does not require a payment bond for one hundred (100%) percent of the Contract price, the City shall, in accordance with the terms of this Article, guarantee payment of all lawful claims for: 53.2.1. Wages and compensation for labor performed and/or services rendered; and 53.2.2. Materials, equipment, and supplies provided, whether incorporated into the Work or not, when demands have been filed with the City as provided hereinafter by any person, firm, or corporation which furnished labor, material, equipment, supplies, or any combination thereof, in connection with the Work performed hereunder (hereinafter referred to as the “beneficiary”) at the direction of the City or the Contractor. 53.3. The provisions of Article 53.2 are subject to the following limitations and conditions: 53.3.1. If the Contractor provides a payment bond for a value that is less than one hundred (100%) percent of the value of the Contract Work, the payment bond provided by the Contractor shall be primary (and non-contributing) to the payment guarantee provided under this Article. 53.3.2. The guarantee is made for the benefit of all beneficiaries as defined in Article 53.2 provided that those beneficiaries strictly adhere to the terms and conditions of Articles 53.3.4 and 53.3.5. 53.3.3. Nothing in this Article shall prevent a beneficiary providing labor, services or material for the Work from suing the Contractor for any amounts due and owing the beneficiary by the Contractor. 53.3.4. Every person who has furnished labor or material, to the Contractor or to a Subcontractor of the Contractor, in the prosecution of the Work and who has not been paid in full therefor before the expiration of a period of ninety (90) Days after the date on which the last of the labor was performed or material was furnished by him/her for which the claim is made, shall have the right to sue on this payment guarantee in his/her own name for the amount, or the balance thereof, unpaid at the time of commencement of the action; provided, however, that a person having a direct contractual relationship with a Subcontractor of the Contractor but no contractual relationship express or implied with the Contractor shall not have a right of action upon the guarantee unless he/she shall have given written notice to the Contractor within one hundred twenty (120) Days from the date on which the last of the labor was performed or the last of the material was furnished, for which his/her claim is made, stating with substantial accuracy the amount claimed and the name of the party to whom the material was furnished or for whom the labor was performed. The notice shall be served by delivering the same personally to the Contractor or by mailing the same by registered mail, postage prepaid, in an envelope addressed to the Contractor at any place where it maintains an office or conducts its business; provided, however, that where such notice is actually received by the Contractor by other means, such notice shall be deemed sufficient. 53.3.5. Except as provided in Labor Law Section 220-g, no action on this payment guarantee shall be commenced after the expiration of the one-year limitations period set forth in Section 137(4)(b) of the State Finance Law. 53.3.6. The Contractor shall promptly forward to the City any notice or demand received pursuant to Article 53. 3.4. The Contractor shall inform the City of any defenses to the notice or demand and shall forward to the City any documents the City requests concerning the notice or demand.