Examples of EPC Guaranty in a sentence
Simultaneously with the execution of this Agreement, Contractor shall cause Siemens Corporation to guarantee irrevocably and unconditionally the performance and payment of all of Contractor's obligations hereunder by executing and delivering to Owner a guaranty substantially in the form set forth in Appendix L hereto (the "EPC Guaranty").
For the avoidance of doubt, the foregoing sentence shall not limit the obligations of the EPC Guarantors under the EPC Guaranty or the O&M Guarantors under the O&M Guaranty.
Each of Covert Generating Company, LLC and Harquahala Generating Company, LLC shall be permitted to reimburse NEG as contemplated by clause (i) of this Section 6.6.3(a) notwithstanding the earlier termination of the applicable NEG EPC Guaranty in accordance with its terms.
The amount of such Construction Loans to be used for an NEG EPC Guaranty Reimbursement cannot exceed the sum of (a) the aggregate of the remaining Contingencies (if any) for all Approved Projects and (b) the unused amount (if any) in the Borrower Budget.
Fluor Corporation and Duke Energy Capital guaranteed the obligations of Fluor Xxxxxx under the EPC Contract pursuant to the EPC Guaranty referred to in the Agreement for Lease.