Bank Guarantee means an irrevocable and unconditional undertaking by a trading bank approved by the Council to pay the Development Contribution amount on demand without an expiry or end date and containing terms and conditions acceptable to Council and in accordance with clause 9 of this Agreement;
Bank Guarantee means the financial security on first demand which the Network User shall provide in accordance with Article 14 of this attachment of the Standard Transmission Agreement.
Examples of Bank Guarantee in a sentence
If, following the termination of this Agreement and receipt by APA DEWAP of all amounts due by User to it under this Agreement, all or any part of the Bank Guarantee has not been applied by APA DEWAP pursuant to clause 13.1, APA DEWAP will promptly return the Bank Guarantee to User.
More Definitions of Bank Guarantee
Bank Guarantee means the guarantee executed in favor of the Access Provider on behalf of the Access Seeker by a bank approved by the Access Provider in a format acceptable to the Access Provider.
Bank Guarantee means a bank guarantee, substantially in the form set out in Schedule 12 (Form of Bank Guarantee) or in any other form requested by a Borrower and agreed by the Agent and the Issuing Bank.
Bank Guarantee means an unconditional and irrevocable standby letter of credit or letter of guarantee issued by a bank;
Bank Guarantee means the guarantees required to be furnished by the Bidder in accordance with the provisions of Clause 5.4(b) of this BID.
Bank Guarantee means a bank guarantee issued by a bank operating in Australia in form and substance satisfactory to the Developer. Bond means a Deposit Insurance Bond issued to the Developer at the request of the Buyer in form and substance satisfactory to the Developer. Building means the building to be constructed on the Site in accordance with the Plans. Building Works means the building works to be carried on the Site as contemplated by this contract. Buyer's Bank means any person, corporation or institution lending all or any part of the Contract Price to the Buyer. Completion has the meaning given in the Sale Contract.
Bank Guarantee means a guarantee issued by a bank or other financial institution, for the account of Parent or any Subsidiary of Parent, to support obligations of such Person incurred in the ordinary course of such Person’s business.