Guaranteed Contracts Clause Samples

A Guaranteed Contracts clause ensures that certain contractual obligations or payments are unconditionally assured, regardless of circumstances that might otherwise excuse performance. In practice, this means that one party, often an employer or service provider, commits to fulfilling specific terms—such as paying an employee for the full contract period even if the employee is terminated early, or guaranteeing payment to a supplier regardless of project outcomes. The core function of this clause is to provide certainty and security to the beneficiary by eliminating the risk of non-payment or non-performance, thereby making the contract more reliable and attractive.
Guaranteed Contracts. Where a Player’s SPA is denoted as Guaranteed (via a check box in said‌ 551 SPA), the status of any such SPA shall be referred to herein as “Guaranteed” and the 552 SPAs themselves shall be referred to herein as “Guaranteed Contracts” or “Guaranteed 553 SPAs”.
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Guaranteed Contracts. ARRANGEMENT DATE BANK BONDS $ PARENT EXPIRY DATE BENEFICIARY'S NAME CONTRACT COMPANY ------------------------------------------------------------------------------------------------------------------------------------ 19 January 1994 116,454.20 19 January 1997 Sir ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Partners Venezuela 26 June 1994 13,169.00 NRA - Seve▇▇ ▇▇▇▇▇ ▇▇▇ion Pillings 23 December 1994 25,936.00 31 December 1998 Ebara UK Ltd Ebara 4 July 1996 46,418.00 4 July 1997 Mid Kent Water Trosley WTW 21 November 1996 6,941.75 25 July 1998 Biwater International Ltd Vathia Goni▇ ▇▇ June 1997 182,436.88 31 August 1998 Environment Agency Welmore Lake 21 December 1997 364,872.00 31 August 1998 Environment Agency Welm▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇ember 1997 8,307.00 21 November 1998 Wabag Water Engineering Canterbury 26 September 1994 28,053.00 NRA - Seve▇▇ ▇▇▇▇▇ ▇▇▇ion Edmonsey Sluice 28 January 1998 4,523.30 20 March 2000 Ebara UK Ltd Kassabi Pumping Station 28 January 1998 18,452.10 20 March 2000 Ebara UK Ltd Baloza Pumping Station 2 February 1998 385,570.00 12 June 1999 Environment Agency Northampton Flood Alleviation Scheme ------------------------------------------------------------------------------------------------------------------------------------ 662,749.03 116,454.20 421,930.00 ------------------------------------------
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Guaranteed Contracts. Any portion of Salary for which a Team guaran- tees payment for all of skill, injury, and, if applicable, Salary Cap-related termination shall be included in Team Salary during the year earned, except that: (i) Salary that is guaranteed for both skill and injury-related termination in any year after the Final League Year shall be reallocated into the remaining League Years of the contract that are within the express term of this Agreement in a proportion to be determined by the Club if payment of the player's entire Salary for the Final League Year is not guaranteed for all of skill, injury, and Salary Cap-related termination. For example, without limitation on any other applicable example, if a player enters into a four-year Player Contract in the 2019 League Year, and if the Salary for the 2020 League Year is not guaranteed for all of skill, injury, and Salary Cap-related termination, then the ful amount of any Salary for the 2021 or 2022 seasons that is guaranteed for both skill and injury-related termination shall be included in Salary and Team Salary for the 2019 and 2020 League Years in a proportion to be determined by the Club. (ii) Fifty percent (50%) of any Salary for a season more than three years after the Final League Year that is guaranteed for both skill and injury-related termination shall be reallocated into Salary and Team Salary into the remaining League Years of the contract within the express term of this Agreement in any manner the Club chooses.
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Guaranteed Contracts. The term "Guaranteed Contracts" shall have the --------------------- meaning set forth in Section 7.7.4.
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Guaranteed Contracts. The Company shall not, and shall cause its Subsidiaries not to, amend any Contract with respect to which there is a Continuing Seller Guaranty (a “Guaranteed Contract”) or renew a Guaranteed Contract, without the express written consent of Seller, which consent in the case of an amendment shall not be unreasonably withheld. With respect to any Guaranteed Contract for which there is an “evergreen” or “automatic renewal feature” the Company shall, and if applicable shall cause the Subsidiary party to the Guaranteed Contract, to terminate the Guaranteed Contract prior to the next scheduled renewal or extension date, unless the Purchaser shall continue to make the payment contemplated by Section 7.2(d) with respect to that Guaranteed Contract.
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Guaranteed Contracts 
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Related to Guaranteed Contracts

  • Guaranteed Indebtedness No Credit Party shall create, incur, assume or permit to exist any Guaranteed Indebtedness except (a) by endorsement of instruments or items of payment for deposit to the general account of any Credit Party, and (b) for Guaranteed Indebtedness incurred for the benefit of any other Credit Party if the primary obligation is expressly permitted by this Agreement.

  • Guaranty Obligations Unless otherwise specified, the amount of any Guaranty Obligation shall be the lesser of the principal amount of the obligations guaranteed and still outstanding and the maximum amount for which the guaranteeing Person may be liable pursuant to the terms of the instrument embodying such Guaranty Obligation.

  • Reinstatement of Guarantied Obligations If claim is ever made on the Administrative Agent or any other Guarantied Party for repayment or recovery of any amount or amounts received in payment or on account of any of the Guarantied Obligations, and the Administrative Agent or such other Guarantied Party repays all or part of said amount by reason of (a) any judgment, decree or order of any court or administrative body of competent jurisdiction, or (b) any settlement or compromise of any such claim effected by the Administrative Agent or such other Guarantied Party with any such claimant (including the Borrower or a trustee in bankruptcy for the Borrower), then and in such event each Guarantor agrees that any such judgment, decree, order, settlement or compromise shall be binding on it, notwithstanding any revocation hereof or the cancellation of any of the Guarantied Documents and such Guarantor shall be and remain liable to the Administrative Agent or such other Guarantied Party for the amounts so repaid or recovered to the same extent as if such amount had never originally been paid to the Administrative Agent or such other Guarantied Party.

  • Prior Payment of Guaranteed Obligations In any proceeding under any Bankruptcy Law relating to any other Loan Party, each Guarantor agrees that the Secured Parties shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding (“Post Petition Interest”)) before such Guarantor receives payment of any Subordinated Obligations.

  • Insured or Guaranteed Loans If any Loans being transferred pursuant to this Agreement, including the Shared-Loss Agreements, are insured or guaranteed by any department or agency of any governmental unit, federal, state or local, Assuming Institution represents that Assuming Institution has been approved by such agency and is an approved lender or mortgagee, as appropriate, if such approval is required. Assuming Institution further assumes full responsibility for determining whether or not such insurance or guarantees are in full force and effect on the date of this Agreement and with respect to those Loans whose insurance or guaranty is in full force and effect on the date of this Agreement, Assuming Institution assumes full responsibility for doing all things necessary to insure such insurance or guarantees remain in full force and effect. Assuming Institution agrees to assume all of the obligations under the contract(s) of insurance or guaranty, agrees to cooperate with the Receiver where necessary to complete forms required by the insuring or guaranteeing department or agency to effect or complete the transfer to Assuming Institution.