Performance Bond in UK Law
- Performance Bond Unaffected By Side Letter
- The Obligation To Procure A Performance Bond
- Bank Provided A Guarantee, Not A Performance Bond
- Performance Guarantee Bond - Ziggurat V HCC Insurance Co
- Is Fraud The Only Ground Available To Restrain A Call On An On-Demand Performance Bond?
- Doosan v MABE: English Court Injuncts Owner From Calling Performance Bond When Owner Has Failed To Issue A Taking-Over Certificate
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In Site Winter 2012/2013
Welcome to the Winter 2012/2013 edition of In Site. This edition covers the following topics: - Game changer? Building Information Modelling. In this article we look at some of the points ...... ... side agreement may not discharge a suretys obligations under a performance bond; ? The question of what it means for a professional to act prudently ... ...
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What's In A Name? The Case Of "On-Demand" Performance Bonds
A bank's attempt to characterise performance bonds as guarantees failed in a further example of the English Court's strict approach to construction of "on-demand" payment obligations. In a decision...... ... the application of "Paget's presumption" and the general principles of construction produced the same result: if the issuer of the performance bond is obliged to pay on demand by the beneficiary, then the bond is indeed "on-demand". Despite the use of terminology to the contrary, if to a ... ...
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Performance Bonds - UAE Perspective
... ... not all, construction contracts, whether standard forms or bespoke contracts, require the Contractor to provide the Employer with a performance bond guaranteeing the Contractor's performance under the contract. The purpose of such performance bonds is to provide the Employer with an efficient and ... ...
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Performance Bonds As Deeds: Signed, Sealed And
Delivered?
... ... Deeds also perform a special role when it comes to performance bonds. A performance bond, when issued in the form of a deed, binds the bondsman or guarantor even though there is no counterparty to the deed. Performance bonds are ... ...
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