Supplier Guarantee definition

Supplier Guarantee means the guarantee entered into on or about the date of this Agreement and made between the Supplier as guarantor with the Borrower and the COFACE Agent as beneficiaries, guaranteeing the payment of an amount equal to twelve million five hundred thousand Dollars (US$12,500,000).
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Examples of Supplier Guarantee in a sentence

  • Each Party’s provision of a parental guarantee for any Affiliate executing an Implementation Agreement under this Agreement shall be made in the same or substantially similar form as that of Exhibit N.1 (Supplier Guarantee) and Exhibit N.2 (Gap Guarantee), as applicable.

  • On agreement of contract, transfer of existing account from previous reseller / Supplier Guarantee Not Applicable.

  • All documents of title or other documentary evidence of ownership with respect to Authorised Investments and the Supplier Guarantee made out of the Project Accounts will be held by the Security Agent and, if any such document or other evidence comes into the possession or control of the Borrower or, as the case may be, Thermo, the Borrower or, as the case may be, Thermo shall immediately deliver the same to the Offshore Account Bank and/or the Security Agent as appropriate.

  • Upon delivery to the Offshore Account Bank of immediately available funds and/or Authorised Investments in an amount equal to the Cash Equivalent Amount of the Supplier Guarantee and the credit thereof to the Debt Service Reserve Account, the Offshore Account Bank shall notify and confirm to the COFACE Agent receipt of such funds and/or Authorised Investments.

  • Supplier Guarantee The Supplier guarantee concerns the conformity of the products to the technical specifications set by the Supplier and is limited to original, unprocessed products.

  • Evidence that the Debt Service Reserve Account has been opened and is funded with the DSRA Required Balance (including by way of making available the Supplier Guarantee).

Related to Supplier Guarantee

  • 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.

  • Guarantee means a guarantee (other than by endorsement of negotiable instruments for collection in the ordinary course of business), direct or indirect, in any manner (including letters of credit and reimbursement agreements in respect thereof), of all or any part of any Indebtedness or other obligations.

  • Seller Guaranty has the meaning set forth in Section 3.01.

  • Consumer Guarantee has the meaning given in Division 1 of Part 3-2 of the Australian Consumer Law.

  • Parent Guarantee means the guarantee by the Parent of the Company’s obligations with respect to the Notes.