Contractor Guarantees definition

Contractor Guarantees means any Guarantee by the Company or any Restricted Subsidiary of Indebtedness of any contractor, builder or other similar Person engaged by the Company or such Restricted Subsidiary in connection with the development, construction or improvement of real or personal property or equipment to be used by the Company or any Restricted Subsidiary in the ordinary course of business, which Indebtedness was Incurred by such contractor, builder or other similar Person to finance the cost of such development, construction or improvement.
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Contractor Guarantees means any guarantee by the Company or any Restricted Subsidiary of Indebtedness of any contractor, builder or other similar Person engaged by the Company or such Restricted Subsidiary in connection with the development, construction or improvement of real or personal property or equipment to be used in a Permitted Business by the Company or any Restricted Subsidiary in the ordinary course of business, which Indebtedness was Incurred by such contractor, builder or other similar Person to finance the cost of such development, construction or improvement.
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Contractor Guarantees means any Guarantee by the Company or any Restricted Subsidiary of Indebtedness of any contractor, builder or other
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Examples of Contractor Guarantees in a sentence

  • The Contractor Guarantees that within above stipulated Defect Liability Period, the Contract work(s) including material(s) (under Contractor’s scope of supplies, if any) shall not show any signs of defects, errors, cracks, disfigurations, settlements, shrinkages, leakages, dampness or any other faults.

  • The Contractor shall submit the following documents whenever they are applicable after the final completion and acceptance of the project or contract liquidation purposes: Certificate of acceptance by Owner Release from State Insurance Fund Release from Bonding Co. Release from Contractor Guarantees (as required by Spec.) Affidavit of PaymentsAs Built PlansDeductions to final payments.

  • Submit fully executed Product Warranties and Contractor Guarantees to the Owner with final close out documents.

  • The Site offered to the Concessionaire by NHA pursuant to this Contract shall be at Rashakai Service Area on KM-106 North & South Bound of Islamabad - Peshawar Motorway M-1 for Operation & Management of already established Service Area facility and Filling Stations alongwith Establishment of new facilities/amenities as given in Scope of Contract.

  • Contractor Guarantees a minimum 20% savings (“Guaranteed Savings”) on air conditioners as compared to the baseline energy consumption.

  • CB&I and Reficar also executed a Dispute Resolution Agreement (“DRA”) on 15 June 2010 for all disputes arising under the EPC Contract and Contractor Guarantees.

  • The above named Contractor Guarantees that the Work is effectively installed, will provide the required performance and appearance, and will remain watertight, under normal conditions, free of evidence of major deterioration and failure (or pending failure) despite normal wear and tear by the elements, as well as guaranteeing it against defects in workmanship; Decomposing materials, repeated leaks and other obvious failures or defects shall be evidence of major deterioration.

  • Contractor Guarantees and Assurances.........................................

  • The above named Contractor Guarantees to fairly reimburse the School Board the cost or value of the damages to the building(s) or contents caused by defects in materials or workmanship.

  • The above named Contractor Guarantees to the Owner, subject to the limits stated herein, that the labor, materials and workmanship provided in the above referenced project are in accordance with the Contract Documents, the standards of the industry (as referenced in the Contract Documents), are of the highest workmanlike quality, and such are free from defects in material or workmanship.

Related to Contractor Guarantees

  • Contractor Documents means one or more document, agreement or other instrument required by Contractor in connection with the performance of the products and services being purchased by the State, regardless of format, including the license agreement, end user license agreement or similar document, any hyperlinks to documents contained in the Contractor Documents, agreement or other instrument and any other paper or “shrinkwrap,” “clickwrap,” “browsewrap” or other electronic version thereof.

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

  • 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.

  • Contractor Parties means a Contractor’s members, directors, officers, shareholders, partners, managers, principal officers, representatives, agents, servants, consultants, employees or any one of them or any other person or entity with whom the Contractor is in privity of oral or written contract (e.g. subcontractor) and the Contractor intends for such other person or entity to perform under the Contract in any capacity. For the purpose of this Contract, vendors of support services, not otherwise known as human service providers or educators, shall not be considered subcontractors, e.g. lawn care, unless such activity is considered part of a training, vocational or educational program.

  • Medicaid Provider Agreement means an agreement entered into between a state agency or other such entity administering the Medicaid program and a health care provider or supplier under which the health care provider or supplier agrees to provide services for Medicaid patients in accordance with the terms of the agreement and Medicaid Regulations.

  • Safety Obligations means all applicable obligations concerning health and safety (including any duty of care arising at common law, and any obligation arising under statute, statutory instrument or mandatory code of practice) in Great Britain;

  • Sub-Contractors means those persons furnishing labor or materials for the Project pursuant to the Sub- Contracts.

  • Contractor System means the information and communications technology system used by the Contractor in performing the Services including the Software, the Contractor Equipment and related cabling (but excluding the Authority System).

  • Management Guarantees means guarantees (x) of up to an aggregate principal amount outstanding at any time of $25.0 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 $10.0 million in the aggregate outstanding at any time.

  • Guarantees As defined in the preamble hereto.

  • Service Guarantee means any payment or other benefit that one party provides to the other party when it fails to meet a Service Standard for which a guarantee payment is provided should that Service Standard not be met;

  • Main Contractor means the contractor with a direct contractual relationship with the employer of the construction contract.

  • guarantee contract means a contract entered into by a person as guarantor;

  • Construction Contractor means a person who undertakes to or offers to undertake to, or purports to have the capacity to undertake to, or submits a bid to, or does himself or by or through others, construct, alter, repair, add to, subtract from, improve, move, wreck, or demolish any building, highway, road, railroad, excavation, or other structure, project, development, or improvement to real property, or to do any part thereof. "Construction contractor" includes subcontractors, specialty contractors, prime contractors, and any person receiving consideration for the general supervision and/or coordination of such a construction project except for remediation contracting. This definition shall govern without regard to whether or not the construction contractor is acting in fulfillment of a contract.

  • Guarantee Agreements means the Parent Guarantee Agreement and the Subsidiary Guarantee Agreement.

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

  • Contract Documents means the documents listed in the Contract Agreement, including any amendments thereto.

  • Construction Contract means the agreement(s) entered into between the Company and the Construction Contractor(s) for the design, engineering, procurement, construction, completion, start-up, testing, and Commissioning of the Facility, and also includes any amendment to such agreement(s) made from time to time;

  • Contractor/Supplier means the person or company whose tender is accepted by the Purchaser and shall be deemed to include the Contractor’s successors, heirs, executors, administrators, representatives and assigns approved by the Purchaser.

  • Medicaid program means the medical assistance

  • Construction Contracts means the contracts between Lessee and Contractors for the furnishing of labor, services or materials to the Leased Premises in connection with the construction of the Improvements.

  • CONSTRUCTION GUARANTEE means a guarantee at call obtained by the contractor from an institution approved by the employer in terms of the employer's construction guarantee form as selected in the schedule

  • Sub-Contractor means the person named in the Contract for any part of the works or any person to whom any part of the contract has been sublet by the contractor with the consent in writing of the Engineer-in-charge and will include the legal representatives, successors and permitted assigns of such persons.

  • EPC Contractor means Seller’s engineering, procurement and construction contractor or such Person performing those functions.

  • Permitted Non-Recourse Guarantees means customary completion or budget guarantees or indemnities (including by means of separate indemnification agreements and carve-out guarantees) provided under Non-Recourse Indebtedness in the ordinary course of business by the Company or any Subsidiary of the Company in financing transactions that are directly or indirectly secured by real estate assets or other real estate-related assets (including equity interests) of a Subsidiary of the Company (or entity in which the Company is the general partner or managing member), in each case that is the borrower in such financing, but is non-recourse to the Company or any of the Company’s other Subsidiaries, except for customary completion or budget guarantees or indemnities (including by means of separate indemnification agreements or carve-out guarantees) as are consistent with customary industry practice (such as environmental indemnities and recourse triggers based on violation of transfer restrictions and other customary exceptions to nonrecourse liability).

  • Contractor Project Manager means the employee identified in a Statement of Work as the Contractor project manager.