Down Payment Guarantee definition

Down Payment Guarantee. Shall have the meaning indicated in Section 25.3.1 below.

Examples of Down Payment Guarantee in a sentence

  • Before payment by ISR of the Down Payment specified in Section 9 above, and as a condition thereto, the Supplier shall furnish ISR with an irrevocable autonomous bank guarantee in the full amount of such Down Payment in the form attached hereto as Annex G1 (the "Down Payment Guarantee").

  • Before payment by ISR of the Down Payment specified in Section 99 above, and as a condition thereto, the Supplier shall furnish ISR with an irrevocable autonomous bank guarantee in the full amount of such Down Payment in the form attached hereto as Annex G1 (the "Down Payment Guarantee").

  • Before payment by ISR of the Down Payment specified in Section 11 above and as a condition thereto, Supplier shall furnish ISR with an irrevocable autonomous bank guarantee in the full amount of such Down Payment (the "Down Payment Guarantee").

  • In the event, that Supplier shall supply both PRRV and TRRV {in accordance with the outcome of the Tender], then the Down Payment Guarantee shall reflect both the PRRV and TRRV Price.

  • 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 Down Payment Guarantee shall be in the sum of both the 25 tons Cranes Price and 150 ton Crane Price.

  • In the event, that Supplier shall supply both PRRV and TRRV { in accordance with the outcome of the Tender], then the Down Payment Guarantee shall reflect both the PRRV and TRRV Price.

  • Before payment by ISR of the Down Payment specified in Section 10 above, and as a condition thereto, the Supplier shall furnish ISR with an irrevocable autonomous bank guarantee in the full amount of such Down Payment in the form attached hereto as Annex G1 (the "Down Payment Guarantee").

  • The Down Payment Guarantee shall remain in force until thirty (30) calendar days following the issuance of a Acceptance Certificate by ISR; and - A Performance and Warranty Guarantee.

  • To exercise 50% of the Down Payment Guarantee provided by the Supplier pursuant to this Agreement.

  • To secure the punctual, complete and entire performance of all of Supplier's obligations under this Agreement, including any Works to be performed by any Subcontractor, Supplier will furnish Performance and Warranty Guarantee, Down Payment Guarantee and Payment Guarantee (collectively, the "Guarantees"), all as specified in this Section below.