Period of Guarantee definition

Period of Guarantee means one year from the date of purchase by the Purchaser, unless Attachment A stipulates otherwise.
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Period of Guarantee shall refer to the continuous and uninterrupted period, as mutually agreed, in connection with the scope of Creditor’s Claim guaranteed hereunder. The Guarantor shall be jointly and severally liable for any outstanding amount of the Creditor’s Claim within the Guaranteed Maximum Amount whether any single sum of the Debt Obligation becomes due for repayment before or after expiry of the Period of Guarantee.
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Period of Guarantee means the period of maintenance named in this Contract, calculated from the date of completion of the Works, certified by the Owner in accordance with Clause 16 above, or, in the event of more than one certificate having been issued by the Owner under the said Clause, from the respective dates so certified and in relation to the Period of Maintenance the expression the “Works” shall be construed accordingly.
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Examples of Period of Guarantee in a sentence

  • The group has grown over the past year they would like to formally be recognized as a school club called, The Gaming Guild.

  • Period of Guarantee: agreed based on the period of principal debt.

  • Period of Guarantee for Complete workThe period of Guarantee for the works shall be twelve month starting from the date of issue of the virtual completion certificate (including hardware and software).

  • The marks shall also be shown on invoices, packing lists and onrail/road bills of lading or mailing certificates exactly as they appear on the cases.5. Period of Guarantee/ Warranty: The guarantee / warranty period of item should be minimum 03 years from the date of successful installation/ commissioning of equipment to the entire satisfaction of the Consignee.

  • Period of Guarantee The Guarantee is effective on the date hereof.

  • Period of Guarantee: six months from the issue date of the counter-guarantee up to the end of the guaranteed period The amount and details of the counter-guarantee are subject to formal counter-guarantee documents which are yet to be signed.

  • Insurer/We/Us/Our Propgen Insurance Limited.Limit of indemnityThe amount payable by the Insurer in respect of all Events occurring during any Period of Guarantee as specified in the Schedule.

  • Period of Guarantee: agreed based on the period of principal debt.As at the date of this announcement, Xiamen Airlines has not exceeded the scope of authorization to enter into any relevant guarantee agreement with any third-party entity.

  • If you have provided a Rent Guarantee for a Tenant Where our Guaranteed is acting as a guarantor for a Tenant - provided the Guaranteed has paid the Fee, and complies with the terms of this Guarantee Contract, We will stand as guarantor, on their behalf in respect of Joint and Several Rent Arrears up to a maximum of £10,000 that accrue during the Period of Guarantee as stipulated within the terms of this document.

  • The Insurer will not be liable for any Excess specified in the Schedule.Legal Expenses cover If during a Period of Guarantee an Event occurs, the Insurer will provide to the Insured indemnity for fees not otherwise recoverable for Professional Costs incurred in the pursuit of a civil claim relating to that Event Consent Precedent to the Insurer’s LiabilityOur consent to pay Professional Costs must be obtained in writing.


More Definitions of Period of Guarantee

Period of Guarantee means a period, which the Employment Guarantee is valid for. The Employment Guarantee, described in detail in § 3, is understood as an obligation of the Investor to preserve employment of the Employees and a guarantee that the conditions of employment and pay are not terminated or changed unilaterally by the Investor;
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Related to Period of Guarantee

  • Notation of Guarantee means a notation, substantially in the form of Exhibit A, executed by a Guarantor and affixed to each Security of any Series to which the Guarantee of such Guarantor under Article XII of this Indenture applies.

  • Call Off Guarantee means a deed of guarantee in favour of a Contracting Body in the form set out in Framework Schedule 13 (Guarantee) and granted pursuant to Clause 3 of the Template Call Off terms;

  • Bid guarantee means the bid bond, cashier's check or certified check submitted as part of the bid proposal, payable to the contracting unit, ensuring that the successful bidder will enter into a contract.

  • Notice of Guaranteed Delivery means the notice of guaranteed delivery in the form printed on green paper accompanying the Offer to Purchase and Circular;

  • Subsidiary Guarantee means any guarantee of the obligations of the Issuers under this Indenture and the Notes by any Subsidiary Guarantor in accordance with the provisions of this Indenture.

  • Guarantee means, as to any Person, (a) any obligation, contingent or otherwise, of such Person guaranteeing or having the economic effect of guaranteeing any Indebtedness or other obligation payable or performable by another Person (the “primary obligor”) in any manner, whether directly or indirectly, and including any obligation of such Person, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other obligation, (ii) to purchase or lease property, securities or services for the purpose of assuring the obligee in respect of such Indebtedness or other obligation of the payment or performance of such Indebtedness or other obligation, (iii) to maintain working capital, equity capital or any other financial statement condition or liquidity or level of income or cash flow of the primary obligor so as to enable the primary obligor to pay such Indebtedness or other obligation, or (iv) entered into for the purpose of assuring in any other manner the obligee in respect of such Indebtedness or other obligation of the payment or performance thereof or to protect such obligee against loss in respect thereof (in whole or in part), or (b) any Lien on any assets of such Person securing any Indebtedness or other obligation of any other Person, whether or not such Indebtedness or other obligation is assumed by such Person (or any right, contingent or otherwise, of any holder of such Indebtedness to obtain any such Lien). The amount of any Guarantee shall be deemed to be an amount equal to the stated or determinable amount of the related primary obligation, or portion thereof, in respect of which such Guarantee is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof as determined by the guaranteeing Person in good faith. The term “Guarantee” as a verb has a corresponding meaning.

  • Note Guarantee means the Guarantee by each Guarantor of the Company’s obligations under this Indenture and the Notes, executed pursuant to the provisions of this Indenture.

  • Guarantee Period /’Maintenance Period’ shall mean the period during which the Contractor shall remain liable for repair or replacement of any defective part of the works performed under the contract.

  • 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 of the Notes means the guarantee of the Notes given by the Guarantor in the Deed of Guarantee;

  • Refund Guarantee means a, or if more than one, each refund guarantee arranged by the Yard in respect of a Pre-delivery Installment and provided by one or more financial institutions contemplated by the Construction Contract, or by other financial institutions reasonably satisfactory to the Lead Arrangers, as credit support for the Yard’s obligations thereunder.

  • Guaranteed Commercial Operation Date has the meaning set forth in Section 3.9(c)(i).

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

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

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

  • Call Off Guarantor means the person acceptable to a Contracting Body to give a Call Off Guarantee;

  • 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.

  • 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

  • Additional Guarantor means a company which becomes an Additional Guarantor in accordance with Clause 25 (Changes to the Obligors).

  • Period of Insurance means the period commencing from the retroactive date and terminating on the expiry date as shown in the Policy Schedule.

  • 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.

  • Securities Guarantee means each guarantee of the obligations of the Company under this Indenture and the Securities by a Guarantor in accordance with the provisions hereof.

  • 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.

  • Subsidiaries Guaranty shall have the meaning provided in Section 6.10.

  • Permitted SBIC Guarantee means a guarantee by the Borrower of Indebtedness of an SBIC Subsidiary on the SBA’s then applicable form, provided that the recourse to the Borrower thereunder is expressly limited only to periods after the occurrence of an event or condition that is an impermissible change in the control of such SBIC Subsidiary (it being understood that, as provided in clause (s) of Article VII, it shall be an Event of Default hereunder if any such event or condition giving rise to such recourse occurs).

  • Subsidiary Guaranties means the Domestic Subsidiary Guaranty and each Foreign Subsidiary Guaranty.