Performance and Warranty Guarantee Sample Clauses

Performance and Warranty Guarantee. Whereas, ISR and ("Supplier") entered into Agreement No. on (the "Agreement"); Now, we Bank ...................................... hereby irrevocably guarantee to ISR due, punctual, true, faithful and satisfactory performance by Supplier of all of the obligations on its part contained in said Agreement, including for the removal of doubt Warranty and ancillary services (as set out in the Agreement), and undertake to be responsible and indemnify ISR for payment by Supplier of all sums of money, losses, damages, costs, charges and expenses that may become due or payable to ISR, by or from Supplier by reason or in consequence of the default of Supplier in performance, execution or perseverance of its said obligations, all in accordance with the provisions therein (the "Guarantee"). Nevertheless, the total amount to be collected by ISR from us under this Guarantee, shall not exceed the sum of € (in words) EURO. This Guarantee is unconditional and shall not be revocable by notice or otherwise and our liability hereunder shall not be impaired or discharged by any extensions of time or variation or alterations made, given, conceded or agreed (with or without our knowledge or consent) under the said Agreement. This Guarantee shall remain in full force and effect until and including the [day] of [month] [year] and after such date it shall expire. For collecting any amount under this Guarantee, ISR shall not have to refer first to Supplier, nor shall it have to produce any judgment or any other judicial document, nor shall it have to prove any breach, failure or non-compliance on the part of Supplier or on the part of any person acting for Supplier or on its behalf or in its name, and a written demand or facsimile notice to Guarantor from an authorized representative of ISR shall be sufficient for all purposes of this Guarantee, and specifically shall be sufficient to collect any sum(s) under this Guarantee from the Guarantor immediately upon the demand of ISR This Guarantee, and our obligations hereunder, shall be governed by and constructed solely in accordance with the substantive laws of the State of Israel (irrespective of its choice of law principles) and the competent courts in Lod, Israel, shall have sole and exclusive jurisdiction over every dispute arising from, or in connection with, this Guarantee.
AutoNDA by SimpleDocs
Performance and Warranty Guarantee. 17.1 To secure the punctual, complete and entire performance of all of Supplier's obligations under this Agreement, Supplier will furnish the Performance and Warranty Guarantee (collectively, the "Guarantee"), all as specified in this Section below. Guarantee shall be issued by a first class bank approved in advance by ISR.
Performance and Warranty Guarantee. No later than seven (7) Business Days following the Effective Date the Supplier shall furnish ISR with an irrevocable autonomous bank guarantee, approved in advance by ISR and issued in the form attached hereto as Annex G2 in the amount equal to ten percent (10%) of the BRM Price, valid until two (2) months following the end of the Warranty Period (the "Performance and Warranty Guarantee").
Performance and Warranty Guarantee. 16.1. To secure the punctual, complete and entire performance of all of Supplier's obligations under this Agreement, including without limitation to the Supplier's warranty obligations and Supplier's obligations to pay ISR any Liquidated Damages if applicable, Supplier shall furnish ISR within ten (10) days of the Effective Date, with an irrevocable autonomous bank guarantee to be paid upon first written demand without the need to prove or substantiate the demand from a first class bank, approved in advance by ISR, in the full amount of ten (10) percent of the full Consideration issued in the form attached hereto as Annex E (the "Performance and Warranty Guarantee").
Performance and Warranty Guarantee. 12.1 To ensure the Operator’s due and punctual performance of the Contract, the Operator shall provide a Performance and Warranty Guarantee as described in this clause 12. The guarantee shall be issued in favour of the DEA on the terms and conditions specified in Appendix 9, Model perfor- xxxxx and warranty guarantee, and this clause Fejl! Henvisningskilde ikke fundet.. All expenses in issuing and maintaining the guarantee shall be borne by the Operator. The Operator shall ensure that the guarantee is valid and enforceable until the criteria for release of the guarantee have been fulfilled as described in clause 12.11.
Performance and Warranty Guarantee. 16.1 To secure the punctual, complete and entire performance of all of Supplier's obligations under this Agreement, including without limitation to the Supplier's warranty obligations and Supplier's obligations to pay ISR any Liquidated Damages if applicable, Supplier shall furnish ISR within ten (10) days of the Effective Date, with an irrevocable autonomous bank guarantee to be paid upon first written demand without the need to prove or substantiate the demand from a first class bank, approved in advance by ISR, in the full amount of twenty-five thousand Euros (25,000 €), issued in the form attached hereto as Annex E (the "Performance and Warranty Guarantee").
Performance and Warranty Guarantee. 15.1 Supplier shall furnish ISR, within ten (10) days from the Effective Date, an original bank guarantee from a first class bank, approved in advance by ISR, in the amount of ten percent forty-five thousand Euros (45,000 €) (10%) of the Total Evaluated Price, as defined in Annex B, issued in the form attached hereto as Annex E (the "Performance and Warranty Guarantee").
AutoNDA by SimpleDocs
Performance and Warranty Guarantee. No later than seven (7) Business Days following the Effective Date the Supplier shall furnish ISR with an irrevocable autonomous bank guarantee, approved in advance by ISR and issued in the form attached hereto as Annex G2 in the amount equal to ten percent (10%) of the Cranes Price, valid until two (2) months following the end of the Warranty Period (the "Performance and Warranty Guarantee"). In the event, that Supplier shall supply both 25 tons Cranes and 150 ton Crane { in accordance with the outcome of the Tender], then the Performance and Warranty Guarantee shall reflect both the 25 tons Cranes Price and 150 ton Crane Price.
Performance and Warranty Guarantee. No later than seven (7) Business Days following the Effective Date, the Supplier shall furnish ISR with an irrevocable autonomous bank guarantee, approved in advance by ISR and issued in the form attached hereto as Annex G2 in the amount equal to (a) ten percent (10%) of the TMVC Price, valid until two (2) months following the end of the Warranty Period and (b) five percent (5%) of the TMVC Price, valid until twenty four months (24) months thereafter or until two (2) months following the last Service Support Visit under this Agreement, whichever is longer (the "Performance and Warranty Guarantee").
Performance and Warranty Guarantee. 19.1 In the event that payment shall be made under Option B under Section 16.3, then to secure the punctual, complete and entire performance of all of Supplier's obligations under this Agreement, Supplier will furnish the Performance and Warranty Guarantee (collectively, the "Guarantee"), all as specified in this Section below. Guarantee shall be issued by a first class bank approved in advance by ISR.
Time is Money Join Law Insider Premium to draft better contracts faster.