Performance guarantee bond definition

Performance guarantee bond means for each year of the energy program, the energy performance
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Performance guarantee bond means for each year of the energy program, the energy performance contractor shall provide a performance bond in an amount equal to, but no greater than, the guaranteed measured and verifiable annual savings set forth in the program.
Sample 1
Performance guarantee bond means the bond executed by the Bidder and its surety in favor of the DNR, guaranteeing the faithful performance of the Contract and subsequent Work Orders and the payment of all debts pertaining to the work.
Sample 1

Examples of Performance guarantee bond in a sentence

  • Performance guarantee bond / security in any form submitted by the SELLER shall stand forfeited.

  • The right to all eligible services without discrimination because of race, religion, creed, color, sex, age, disability, or national origin.

  • Performance guarantee bond / security in any form submitted by the BUYER shall stand forfeited.

  • Performance guarantee bond / security in any form submitted by the SELLER shall stand forfeited.ALL TERMS AND CONDITIONS STIPULATED IN TENDER DOCUMENTS ARE ACCEPTABLE TO ME / US.FOR AND ON BEHALF OF THE FIRM/COMPANYSignature Name of Authorized Person Company Name Firm/ Company Seal CIN Annexure-I *Un-Priced Commercial Bid for Fresh Certified / .

  • If a tenderer QUOTES UNWORKABLE RATES and is considered for placement of order, the said tenderer will be asked to justify the rate quoted and will have to furnish Performance guarantee bond (in addition to the security deposit) in the form of Bank Draft/Bank Guarantee.

  • If the tenderer quotes unworkable rate i.e. quoted rate of tenderer is lesser than 90.00% of estimated value and is considered for placement of work order, they/he will be asked to justify the rate quoted and will have to give Performance guarantee bond (in addition to the Security Deposit) in the form of Bank Guarantee (In prescribed format as available at our website: www.bpscl.in) issued by any Nationalized/Scheduled Bank in favour of Bokaro Power Supply Company (P) Limited.

  • Performance guarantee bond / security in any form submitted by the SELLER shall stand forfeited.ALL TERMS AND CONDITIONS STIPULATED IN TENDER DOCUMENTS ARE ACCEPTABLE TO ME / US.FOR AND ON BEHALF OF THE FIRM/COMPANYSignature Name of Authorized Person Company Name Firm/ Company Seal Firm/ Company’s CIN Annexure-1Application for Non – Commercial Price Bid for City Compost (To be Up-loaded along with Technical Bid)1.

  • The Payson City Transportation Master Plan (TMP) does not allow the design and construction of private roads based on these facts:• Narrower than public roads – conflicts with the International Fire Code (IFC).• Performance guarantee bond not posted.• Not inspected by the City.• Asphalt pavement not properly maintained.• On-street parking causes emergency vehicles response delays and garbage collection challenges.• Concern with prescriptive road statute of taking ownership.

  • Performance guarantee bond / security in any form submitted by the SELLER shall stand forfeited.ALL TERMS AND CONDITIONS STIPULATED IN TENDER DOCUMENTS ARE ACCEPTABLE.FOR AND ON BEHALF OF THE FIRM/COMPANYSignatureName of Authorized PersonCompany NameFirm/ Company Seal ANNEXURE-ANATIONAL FERTILIZERS LIMITED, CENTRAL MARKETING OFFICE, NOIDAFORMAT FOR PRE-QUALIFICATION OF MANUFACTURERSFOR SUPPLY OF Bentonite Sulphur .1.Name of the Firm/ Company 2.Address of Regd.

  • Performance guarantee bond / security in any form submitted by the SELLER shall stand forfeited.ALL TERMS AND CONDITIONS STIPULATED IN TENDER DOCUMENTS ARE ACCEPTABLE TO ME / US.FOR AND ON BEHALF OF THE FIRM/COMPANYSignature Name of Authorized Person Company Name Firm/ Company Seal CIN *Un-Priced Commercial Bid for Fresh Certified / .

Related to Performance guarantee bond

  • 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.

  • Performance Guaranty means the Performance Guaranty, dated as of the Closing Date, entered into by Performance Guarantor in favor of Administrative Agent.

  • Performance Guarantees means specific measurement indicators assigned to Contract tasks representing timeliness and quality of task output.

  • guarantee contract means a contract entered into by a person as guarantor;

  • Performance Guarantor means Parent.

  • Parent Guaranty means the guaranty of the Parent pursuant to Section 15.

  • Parent Guarantee means the guarantee of payment of the Securities by the Parent Guarantor pursuant to the terms of this Indenture.

  • government guaranteed bond means a bond of the Government of Canada or a bond unconditionally guaranteed as to principal and interest by the Government of Canada that is:

  • Management Guarantees means guarantees (x) of up to an aggregate principal amount outstanding at any time of $25.0 million of borrowings by Management Investors in connection with their purchase of Management Stock or (y) made on behalf of, or in respect of loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary (1) in respect of travel, entertainment and moving-related expenses incurred in the ordinary course of business, or (2) in the ordinary course of business and (in the case of this clause (2)) not exceeding $10.0 million in the aggregate outstanding at any time.

  • Guaranty Agreement means a supplemental indenture, in a form satisfactory to the Trustee, pursuant to which a Subsidiary Guarantor guarantees the Company’s obligations with respect to the Securities on the terms provided for in this Indenture.

  • Guarantee Agreements means the Parent Guarantee Agreement and the Subsidiary Guarantee Agreement.

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit I, made by the Subsidiary Guarantors in favor of the Collateral Agent for the benefit of the Secured Parties.

  • Guarantee Agreement means this Guarantee Agreement, as modified, amended or supplemented from time to time.

  • Service Guarantee means any payment or other benefit that one party provides to the other party when it fails to meet a Service Standard for which a guarantee payment is provided should that Service Standard not be met;

  • Guarantee Fee shall have the meaning given to that term in Section 4.1.

  • Corporate Guaranty means a legal document used by an entity to guaranty the obligations of another entity. Cost of New Entry:

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Financial guarantee means a performance bond, maintenance bond, surety bond, irrevocable letter of credit, or similar guarantees submitted to the [administering authority] by the responsible party to assure that requirements of the ordinance are carried out in compliance with the storm water management plan.

  • Guarantee Amount means the maximum amount payable under a guarantee which amount shall be specifically set forth in writing at the time the guarantee is entered into by the authority.

  • Guarantee Agency means a state agency or a private nonprofit institution or organization which administers a Guarantee Program within a State or any successors and assignees thereof administering the Guarantee Program which has entered into a Guarantee Agreement with the Trustee on behalf of the Purchaser.

  • Corporate Guarantee means the guarantee required to be executed hereunder by the Corporate Guarantor in such form as the Bank may agree or require ;

  • Guaranty means, with respect to any Person, any obligation (except the endorsement in the ordinary course of business of negotiable instruments for deposit or collection) of such Person guaranteeing or in effect guaranteeing any indebtedness, dividend or other obligation of any other Person in any manner, whether directly or indirectly, including (without limitation) obligations incurred through an agreement, contingent or otherwise, by such Person:

  • Guaranty Agreements means, collectively, the Parent Guaranty Agreements and the Subsidiary Guaranty Agreements.

  • Performance Bank Guarantee/ Security Deposit means interest free amount to be deposited by the Contractor with NMRC as per terms and conditions of Contract Agreement as a security against the performance of the Contract agreement

  • Guaranteed energy savings contract means a contract that includes all of the following:

  • Guarantee Test(s means the test(s) specified in the Technical Specifications to be carried out to ascertain whether the Facilities or a specified part thereof is able to attain the Functional Guarantees specified in the Technical Specifications in accordance with the provisions of GCC Sub-Clause 20.2.1 (Guarantee Test) hereof during/after successful Commissioning followed by Trial - Operation.