Parent Company Guarantee definition

Parent Company Guarantee means a parent company guarantee to be delivered by the Supplier pursuant to Clause 5.6;
Parent Company Guarantee means a guarantee issued in favour of the Operator in substantially the form set out in Schedule 6 (Form of Parent Company Guarantee).
Parent Company Guarantee means a parent company guarantee in the form set out in Part B of Section VIIPerformance Security.

Examples of Parent Company Guarantee in a sentence

  • Parent Company Guarantee, Section D states “[a] standby trust … must be established for decommissioning costs before the parent company guarantee agreement is submitted.” The NRC staff reviewed HMC’s annual financial assurance update using the guidance in NUREG-1620, Rev.

  • However, it is not appropriate to set aside large amounts of reserve against the possibility of this happening and that appropriate bond / Parent Company Guarantee have been built into large contracts.

  • That application has failed, and the Sale and Purchase Agreement for the sale of MRCAD remains on foot on this basis.The claim made and summons issued by a UAE-based bank (“the bank”) for AED150 million against Murray & Roberts Limited on the strength of a Parent Company Guarantee continues in the High Court of South Africa.

  • Parent Company Guarantee, Section C states “[t]he parent company guarantee and financial test provisions must remain in effect until the Commission has terminated the license, accepted in writing the parent company’s alternate financial assurances, or accepted in writing the licensee’s financial assurances.” Part 30, Appendix A, III.

  • Consultant specifically warrants that the Services, including any deliverables, if any, shall perform the functions substantially as described herein and that all equipment and supplies shall be free from defects in materials or workmanship, shall be installed properly and in accordance with manufacturer’s recommendations or other industry standards and shall function in a failure- free manner.


More Definitions of Parent Company Guarantee

Parent Company Guarantee means the parent company guarantee in the form set out in Schedule 10 (Parent Company Guarantee).
Parent Company Guarantee has the meaning set forth in Section 11.18(a).
Parent Company Guarantee means a guarantee given by the Parent Company substantially in the form of the Twelfth Schedule or another form reasonably acceptable to the Minister;
Parent Company Guarantee means the guarantee, consistent with the form set forth in Annex 5, whose maximum amount is equal to the amount of the Consideration to be issued by the Contractor’s Parent Company in favour of the Principal, in compliance with Article 4.2, as guarantee for the obligations undertaken by the Contractor under this Contract.
Parent Company Guarantee. The parent company guarantee to be granted by RWE Solutions AG in favour of the Borrower in respect of RWE-IN’s obligations under the EPC Contract.
Parent Company Guarantee means the guarantee in the form set out in Appendix 10;
Parent Company Guarantee means the Deed which appears in Schedule 16.