Framework Guarantor definition

Framework Guarantor means any person acceptable to the Authority to give a Framework Guarantee;
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Framework Guarantor means any person acceptable to CCS to give a Framework Guarantee;
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Framework Guarantor suppliers (including the Supplier) pursuant to the OJEU Notice; means this agreement consisting of the Clauses together with the Framework Schedules and any appendices and annexes to the same; means [insert date dd/mm/yyyy]; means the date of execution of this Framework Agreement; means a deed of guarantee in favour of the Authority in the form set out in Framework Schedule 13 (Framework Guarantee) granted pursuant to Clause 7 (Guarantee); means any person acceptable to the Authority to give a Framework Guarantee;
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Examples of Framework Guarantor in a sentence

  • GUARANTEE Where the Authority notifies the Supplier that the award of this Framework Agreement shall be conditional upon receipt of a valid Framework Guarantee, then on or prior to the execution of the Framework Agreement the Supplier shall deliver to the Authority: an executed Framework Guarantee from a Framework Guarantor; and a certified copy extract of the board minutes and/or resolution of the Framework Guarantor approving the execution of the Framework Guarantee.

  • Where the Authority notifies the Supplier that the award of this Framework Agreement shall be conditional upon receipt of a valid Framework Guarantee, then on or prior to the execution of the Framework Agreement the Supplier shall deliver to the Authority: an executed Framework Guarantee from a Framework Guarantor; and a certified copy extract of the board minutes and/or resolution of the Framework Guarantor approving the execution of the Framework Guarantee.

  • The Supplier warrants and represents to the Authority for the benefit of the Authority that as at the Framework Commencement Date the long term credit ratings issued for the Supplier and Framework Guarantor by each of the Rating Agencies are as set out in Annex 2.

  • The Supplier shall promptly notify (or shall procure that its auditors promptly notify) the Authority in writing if there is any downgrade in the credit rating issued by any Rating Agency for either the Supplier or the Framework Guarantor (and in any event within five (5 )Working Days of the occurrence of the downgrade).

  • The Supplier shall and shall procure that the Framework Guarantor shall maintain a long term credit rating above the relevant Credit Rating Threshold set out in Annex 1 to this Framework Schedule.

  • The Supplier warrants and represents to the Authority that as at the Framework Commencement Date the long term credit ratings issued by the Rating Agency for the Supplier and the Framework Guarantor are as set out in Annex 1 to this Framework Schedule.

  • The Supplier shall promptly notify (or shall procure that its auditors promptly notify) the Authority in writing if it ceases, or the Framework Guarantor ceases, to maintain a long term credit rating above the relevant Credit Rating Threshold (and in any event within ten (10) Working Days of ceasing to have such credit rating), whereupon the Supplier shall ensure that its auditors calculate such financial ratios as may be reasonably requested in writing by the Authority.

  • GUARANTEE Where CCS notifies the Supplier that the award of this Framework Agreement shall be conditional upon receipt of a valid Framework Guarantee, then on or prior to the execution of the Framework Agreement the Supplier shall deliver to CCS: an executed Framework Guarantee from a Framework Guarantor; and a certified copy extract of the board minutes and/or resolution of the Framework Guarantor approving the execution of the Framework Guarantee.

  • Framework Guarantor The person, acceptable to CCS, who provides a Framework Guarantee.

  • For the purposes of determining whether a Financial Distress Event has occurred pursuant to the provisions of paragraph 142.1.1, the credit rating of the Supplier or the Framework Guarantor (as the case may be) shall be deemed to have dropped below the applicable Credit Rating Threshold if any of the Rating Agencies have rated the Supplier or the Framework Guarantor (as the case may be) at or below the applicable Credit Rating Threshold.


More Definitions of Framework Guarantor

Framework Guarantor. The person, acceptable to CCS, who provides a Framework Guarantee. “Framework Price(s)” - The price(s) applicable to the provision of the Services set out in Framework Schedule 2 (Charging Structure).
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Framework Guarantor means this agreement consisting of the Clauses together with the Framework Schedules and any appendices and annexes to the same; means [insert date dd/mm/yyyy]; means the date of execution of this Framework Agreement; means a deed of guarantee in favour of the Authority in the form set out in Framework Schedule 11 (Framework Guarantee) granted pursuant to Clause 42.1 (Guarantee);] means any person Approved by the Authority to give a Framework Guarantee;]
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Related to Framework Guarantor

  • UK Guarantor means any Guarantor organized under the laws of England and Wales.

  • Corporate Guarantor means Navios Maritime Holdings Inc., a company incorporated in the Xxxxxxxx Islands and having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Xxxxxxx, XX00000;

  • Refund Guarantor means Bank of Communications, Fuzhou Branch of Fuzhou, People’s Republic of China and/or any other bank or financial institution acceptable to the Bank in its sole discretion and appointed by the Builder to issue a Refund Guarantee and includes their respective successors in title and “Refund Guarantors” means any or all of them;

  • Bank Guarantee means an irrevocable and unconditional undertaking by a trading bank approved by the Council to pay the Development Contribution amount on demand without an expiry or end date and containing terms and conditions acceptable to Council and in accordance with clause 9 of this Agreement;

  • Additional Borrower means a company which becomes an Additional Borrower in accordance with Clause 24 (Changes to the Obligors).

  • Guarantor means: .............................................................................................................................................

  • Security Party means the Borrowers, the Corporate Guarantor, the Shareholder or any other person who may at any time be a party to any of the Security Documents (other than the Banks);

  • Finance Subsidiary means a wholly owned subsidiary that is formed for the purpose of borrowing funds or issuing securities and lending the proceeds to the Issuer or a Guarantor and that conducts no business other than as may be reasonably incidental to, or related to, the foregoing.

  • Project Finance Subsidiary means a Subsidiary that is a special-purpose entity created solely to (i) construct or acquire any asset or project that will be or is financed solely with Project Financing for such asset or project and related equity investments in, loans to, or capital contributions in, such Subsidiary that are not prohibited hereby and/or (ii) own an interest in any such asset or project.

  • International Borrower In connection with any Mortgage Loan, a borrower who is (a) a United States citizen employed in a foreign country, (b) a non-permanent resident alien employed in the United States or (c) a citizen of a country other than the United States with income derived from sources outside the United States.

  • Original Borrower means, as the context requires, any of them;

  • Parent Guarantor has the meaning specified in the recital of parties to this Agreement.

  • Seller Guarantor means (i) [ ] (so long as it qualifies as an Acceptable Guarantor) or (ii) any other Acceptable Guarantor.

  • Significant Guarantor means any guaranty agency that guarantees trust student loans comprising at least 10% of the Pool Balance of the trust student loans by outstanding principal balance as of the statistical disclosure date.

  • Initial Borrower has the meaning set forth in the preamble hereto.

  • Security Parties means each Borrower, each Guarantor, each Chargor, and any other person (other than a Manager or Charterer) who may at any time during the Facility Period be liable for, or provide security for, all or any part of the Indebtedness, and "Security Party" means any one of them.

  • Foreign Guarantor means Parent and each Guarantor that is a Foreign Subsidiary.

  • Canadian Guarantor means each Guarantor that is incorporated or otherwise organized under the laws of Canada or any province or territory thereof.

  • UK Loan Party means any Loan Party incorporated under the laws of England and Wales.

  • Performance Bank Guarantee means the irrevocable unconditional bank guarantee to be submitted by the successful bidder as per Section 3.9.

  • Transaction Party means the Company and each Guarantor, collectively, “Transaction Parties”.

  • EDC means Export Development Canada.

  • Canadian Subsidiary Guarantor each Canadian Subsidiary of any Canadian Borrower which executes and delivers the Canadian Guarantee and Collateral Agreement, in each case, unless and until such time as the respective Canadian Subsidiary Guarantor ceases to constitute a Canadian Subsidiary of the Parent Borrower or is released from all of its obligations under the Canadian Guarantee and Collateral Agreement in accordance with the terms and provisions thereof.

  • Relevant Party means each Loan Party and Sponsor (and, collectively “Relevant Parties”).

  • Bidco means a business and industrial development company licensed under this act. The term includes a business development enterprise.

  • Australian Subsidiary means any Subsidiary that is organized under the laws of Australia or any territory thereof.