Refund Guarantee definition

Refund Guarantee means a, or if more than one, each refund guarantee arranged by the Yard in respect of a Pre-delivery Installment and provided by one or more financial institutions contemplated by the Construction Contract, or by other financial institutions reasonably satisfactory to the Lead Arrangers, as credit support for the Yard’s obligations thereunder.

Refund Guarantee means a refund guarantee arranged by the Yard in respect of a Pre-delivery Installment and provided by one or more financial institutions contemplated by the Construction Contract, or by other financial institutions reasonably satisfactory to the Joint Lead Arrangers, as credit support for the Yard’s obligations thereunder.

Refund Guarantee means the refund guarantee issued by the Refund Guarantor in favour of the Owner.

Examples of Refund Guarantee in a sentence

• On or prior to each Borrowing Date, all necessary governmental (domestic and foreign) and material third party approvals and/or consents in connection with the Construction Contract, any Refund Guarantee (to the extent issued on or prior to such Borrowing Date), the Vessel and the other transactions contemplated hereby (except to the extent specifically addressed in other sections of Section 5 or this Section 6) shall have been obtained and remain in effect.

• Effective on or about November 17, 2006: (i) the minimum initial investment for retirement accounts and custodial accounts for minors is $1,000, and (ii) subsequent investments through newly- established AIP accounts must be at least $1,200 annually.

• If the terms of a Refund Guarantee specify an expiry date, such expiry date shall be at least 30 days after the date when the Vessel is expected to be delivered to, and accepted by, the Buyer.

• The Refund Guarantee may be issued by means of an authenticated swift message to the Buyer’s nominated bank in which case payment shall be made within five (5) banking days of receipt of such swift message by the Buyer’s bank.

• The provisions of the Plan shall be construed, administered and governed by the laws of the Commonwealth of Pennsylvania, including its statute of limitations provisions, but without reference to conflicts of law principles, and in accordance with the requirements of Section 409A of the Code to prevent the inclusion of awards in gross income before the time of payment.

More Definitions of Refund Guarantee

Refund Guarantee means each of the Vessel A Refund Guarantee, the Vessel B Refund Guarantee, the Vessel C Refund Guarantee, the Vessel D Refund Guarantee, the Vessel E Refund Guarantee and the Vessel F Refund Guarantee and in the plural means all of them;

Refund Guarantee means each of the Vessel A Refund Guarantee and the Vessel B Refund Guarantee and in the plural means both of them;

Refund Guarantee means, in relation to each Ship each refund guarantee issued by the Refund Guarantor in favour of the relevant Obligor pursuant to the Shipbuilding Agreement in respect of such Ship;

Refund Guarantee means the letter of guarantee issued by the Refund Guarantor in favour of the Borrower in respect of the Builder’s obligations under the Shipbuilding Contract;

Refund Guarantee means the refund guarantee dated [Ÿ] issued by the Refund Guarantor relating to the Vessel.

Refund Guarantee means the refund guarantee numbered 102216DG21000025, dated 21 July 2021 and issued by the Refund Guarantor in favour of the Sellers in relation to the Building Contract, the rights and interests pursuant to which will be or has been assigned in favour of the Buyers in accordance with the Pre-Delivery Assignment.

Refund Guarantee means each of the Vessel A Refund Guarantee and the Vessel B Refund Guarantee and in the plural means both of them; “Refund Guarantor” means each of the Vessel A Refund Guarantor and the Vessel B Refund Guarantor and in the plural means both of them;