Examples of Call Off Guarantor in a sentence
Where a Contracting Body notifies the Supplier that the award of a Call Off Agreement by that Contracting Body shall be conditional upon receipt of a valid Call Off Guarantee, then, on or prior to the execution of that Call Off Agreement the Supplier shall deliver to the Contracting Body: an executed Call Off Guarantee from a Call Off Guarantor; and a certified copy extract of the board minutes and/or resolution of the Call Off Guarantor approving the execution of the Call Off Guarantee.
Call Off Guarantor INTENTIONALLY LEFT BLANK – NOT REQUIRED ADDITIONAL AND/OR ALTERNATIVE CLAUSES Alternative and/or Additional Clauses Call Off Schedule 11 specifies the additional Clauses requested by the Ministry of Defence as Customer that shall apply to this Call Off Contract.
CALL OFF GUARANTEE Where the Customer has stipulated during a Further Competition Procedure that the award of this Call Off Contract shall be conditional upon receipt of a Call Off Guarantee, then, on or prior to the Call Off Commencement Date, the Supplier shall deliver to the Customer: an executed Call Off Guarantee from a Call Off Guarantor; and a certified copy extract of the board minutes and/or resolution of the Call Off Guarantor approving the execution of the Call Off Guarantee.
The Supplier shall promptly notify (or shall procure that its auditors promptly notify) the Authority in writing if there is any downgrade in the credit rating issued by any Rating Agency for either the Supplier [or the Panel Guarantor/ [ and Call Off Guarantor]] (and in any event within five (5 )Working Days of the occurrence of the downgrade).
The Supplier warrants and represents to the Authority for the benefit of the Authority that as at the Panel Commencement Date the long term credit ratings issued for the Supplier [and Panel Guarantor/ [and Call Off Guarantor]] by each of the Rating Agencies are as set out in Annex 2.