CONTRACT GUARANTEES definition

CONTRACT GUARANTEES means guarantees, indemnities, performance bonds and similar undertakings issued or to be issued by the Fronting Bank pursuant to Clause 7 (in each case in such form as may be requested by the Borrower and acceptable to the Fronting Bank), in respect of the obligations of the Borrower or its Subsidiaries, to any third party;
CONTRACT GUARANTEES has the meaning set forth in Section 6.8.

Related to CONTRACT GUARANTEES

  • Management Guarantees means guarantees (x) of up to an aggregate principal amount outstanding at any time of $30.0 million of borrowings by Management Investors in connection with their purchase of Management Stock or (y) made on behalf of, or in respect of loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary (1) in respect of travel, entertainment and moving related expenses incurred in the ordinary course of business or (2) in the ordinary course of business and (in the case of this clause (2)) not exceeding $15.0 million in the aggregate outstanding at any time.

  • Performance Guarantees means specific measurement indicators assigned to Contract tasks representing timeliness and quality of task output.

  • Subsidiary Guarantees means the guarantees of each Subsidiary Guarantor as provided in Article Thirteen.

  • Other Guarantees means all guarantees, other than this Preferred Securities Guarantee, to be issued by the Guarantor with respect to preferred securities (if any) similar to the Preferred Securities, issued by trusts other than the Issuer to be established by the Guarantor (if any), in each case similar to the Issuer.

  • Parent Guarantee means the guarantee by the Parent of the Company’s obligations with respect to the Notes.