Performance Bank Guarantee definition

Performance Bank Guarantee means the irrevocable unconditional bank guarantee to be submitted by the successful bidder as per the RfS.
Performance Bank Guarantee means the irrevocable unconditional bank guarantee, submitted by the SPD to SECI from a bank mentioned in Schedule 2 of this Agreement in the form attached hereto as Schedule1;
Performance Bank Guarantee means the irrevocable unconditional bank guarantee submitted by the Solar Power Generator as per the MSEDCL/CE/RE/FY2018-19/1400 MW/ Solar/T-15 dated 15/09/2018.

Examples of Performance Bank Guarantee in a sentence

  • Successful vendor shall have to give a Performance Bank Guarantee@ 10%of the total contract cost from the Bankers & same will be retained 6 months after completion of contract period.


More Definitions of Performance Bank Guarantee

Performance Bank Guarantee means the irrevocable unconditional bank guarantee submitted by the Solar Power Producer as per the RFS No. … … … … … … … … … .
Performance Bank Guarantee means the irrevocable unconditional bank guarantee submitted by the Solar Power Generator as per the MSEDCL/CE/RE/2019/1400 MW/ Solar/T-05 dated 07/01/2019.
Performance Bank Guarantee or “PBG” shall mean the irrevocable unconditional bank guarantee, submitted by the RPD to SECI in the form attached hereto as Schedule 1;
Performance Bank Guarantee means the irrevocable unconditional bank guarantee submitted by the Power Producer as per the RfS No. GUVNL GUVNL / 800 MW / KHAVDA / SOLAR (PHASE XX) dated 20.05.2023.
Performance Bank Guarantee or “PBG” shall mean the irrevocable and unconditional bank guarantee to be submitted by the Project SPV as per Clause 3.12;.
Performance Bank Guarantee shall in no manner and at no stage be relied upon to adversely affect or dilute the unconditional and irrevocable nature of this Bank Guarantee.
Performance Bank Guarantee means the security to be provided by the bidder in for the due performance of the Contract.