Performance Guarantee definition

Performance Guarantee means the security to be provided by the Contractor in accordance with Sub Clause 10.1 for the due performance of the Contract.

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Performance Guarantee means the bank guarantee or other form of security submitted by the contractor to secure obligations under the contract in accordance with the requirement in the bidding document

Performance Guarantee means the amount to be paid by the Successful Tenderer as per relevant clause mentioned elsewhere.

Examples of Performance Guarantee in a sentence

The Facility Agent shall have received a copy of the Charter and the Charter Performance Guarantee, in each case, with respect to the Venture Venice, duly executed by the parties thereto (and either (i) in substantially the same form as the Charters and Charter Performance Guarantees in effect as of the Initial Closing Date with respect to the other Collateral Vessels or (ii) in form and substance reasonably satisfactory to the Required Lenders).
The Facility Agent shall have received a copy of the Charter and the Charter Performance Guarantee, in each case, with respect to the Venture Manatee, duly executed by the parties thereto (and either (i) in substantially the same form as the Charters and Charter Performance Guarantees in effect as of the Closing Date with respect to the other Collateral Vessels or (ii) in form and substance reasonably satisfactory to the Required Lenders).

More Definitions of Performance Guarantee

Performance Guarantee means the bank guarantee or CDR submitted by the bidder to secure obligations under the contract in accordance with the requirement in the bidding document

Performance Guarantee means the guarantee provided by the Bidder in favor of UPLC for an amount specified in the RFP. The Performance Guarantee may be in the form of Demand

Performance Guarantee of any Person means (a) any letter of credit, bankers acceptance, surety bond, performance bond, bank guarantee or other similar obligation issued for the account of such Person to support only trade payables or nonfinancial performance obligations of such Person, (b) any letter of credit, bankers acceptance, surety bond, performance bond, bank guarantee or other similar obligation issued for the account of such Person to support any letter of credit, bankers acceptance, surety bond, performance bond, bank guarantee or other similar obligation issued for the account of a Subsidiary, a Joint Venture or a Consortium of such Person to support only trade payables or non-financial performance obligations of such Subsidiary, Joint Venture or Consortium, and (c) any parent company guarantee or other direct or indirect liability, contingent or otherwise, of such Person with respect to trade payables or non-financial performance obligations of a Subsidiary, a Joint Venture or a Consortium of such Person, if the purpose of such Person in incurring such liability is to provide assurance to the obligee that such contractual obligation will be performed, or that any agreement relating thereto will be complied with.

Performance Guarantee means the bank guarantee(s)/letter(s) of credit procured by the Concessionaire for the benefit of the Concessioning Authority guaranteeing the performance of the obligations of the Concessionaire hereunder in the manner specified in Article 4.1.

Performance Guarantee means a guarantee issued by an insurance company or bank on behalf of the Service Provider to ATNS, wherein the Service Provider guarantees the full and due performance of the Contract according to the plans and Specifications;

Performance Guarantee means any guarantee by any Person of the performance of the obligations of another Person (other than obligations in respect of payments, indebtedness or other monetary obligations of any kind) under contracts of such other Person to design, develop, manufacture, construct or produce products or production facilities (and related nonmonetary obligations) or to provide services related to any of the foregoing.

Performance Guarantee means the guarantee to be procured in accordance with