Bank Guarantees. The "DEVELOPER" has given following Bank Guarantees before execution of this agreement. S. No. Particulars Amount Validity Period 1.
Bank Guarantees. 21.1 Performance Bank Guarantee: Performance Bank Guarantee (PBG) valid for two years from any scheduled bank in prescribed format as per Annexure-IV has to be submitted before signing of LICENCE AGREEMENT for amount equal to Rs. 2 crores/ 20 Lakh for (category ‘A’ & ‘B’ service areas).
Bank Guarantees. By agreement of the Lender and the Borrowers and pursuant to such supplemental documentation as the Lender may request, the Borrowers may utilize the L/C Commitment in the form of bank guarantees issued by the Lender as an alternative to utilizing it for the issuance of Letters of Credit.
Bank Guarantees. 6.1.1 The Facility may be utilised by way of Bank Guarantees.
Bank Guarantees. The Interim Revolving Facility shall also be available for utilisation by way of Bank Guarantees. The provisions of Schedule 9 (Bank Guarantees) shall form part of this Agreement and bind each Party.
Bank Guarantees. 19.1 There is no requirement for submission of performance Bank Guarantee (PBG) by BSNL , AS LONG AS IT IS A 100% Government Owned company.
Bank Guarantees. (a) Termination of a bank guarantee
Bank Guarantees. (a) To secure the completion of the Civic Space Works the Developer must, prior to the issue of a Construction Certificate for the Demolition Works or if no Construction Certificate is required, prior to commencement of the Demolition Works, provide to the Council a Bank Guarantee or Bank Guarantees in an amount equivalent to the estimated costs of the Civic Space Works determined by a qualified Quantity Surveyor, having regard to the detailed design for those Works prepared and approved by Council in accordance with the Construction Terms and any Development Consent.
Bank Guarantees. 15.1.1 An autonomous bank guarantee in the form specified in Annex F (hereinafter: the “Bank Guarantee”).
