Company Guarantees definition
Examples of Company Guarantees in a sentence
As the works package is undertaken by a SPV, MMC and Gamuda issued Parent Company Guarantees to guarantee the due performance and obligations of the SPV.
The Parent Company Guarantees have not been called because the SPV has performed and met its obligations in compliance with the terms of the contract.
Criteria Relating to Use of Financial Tests and Parent Company Guarantees for Providing Reasonable Assurance of Funds for Decommissioning.
Pending such release, the Seller shall indemnify the Group Companies against all amounts paid by any of them pursuant to the Group Company Guarantees in respect of any such liability of the Group Companies.
The GE Entities shall indemnify, defend and hold harmless SES and its Affiliates against, and reimburse SES and its Affiliates for, any and all amounts paid, including costs or expenses in connection with such Company Guarantees, whether or not any such Company Guarantee is required to be performed, and shall in any event promptly and fully reimburse SES to the extent any Company Guarantee is called upon and SES or its Affiliates make any payment under such Company Guarantee.