Prepayment Guarantee definition

Prepayment Guarantee means the irrevocable financial guarantee and indemnity in respect of the K-sure Facility to be issued by the Guarantor in favour of the K-sure Agent in the agreed form and which shall be released in accordance with its terms.

Examples of Prepayment Guarantee in a sentence

  • Evidence of any quality accreditation or ISO Certifications (Option: Performance Guarantee) (Option: Tender Guarantee) (Option: Prepayment Guarantee) <Other relevant documents required> and other relevant information that should be made known to the Contracting Authority.