Traditional Culture Encyclopedia - Traditional festivals - What do you mean by performance delivery constraints?

What do you mean by performance delivery constraints?

It is this distribution that is limited.

The types of performance delivery include: project contract performance guarantee, project bidding performance guarantee, technology transfer contract performance guarantee, transaction contract performance guarantee, real estate transaction guarantee, motor vehicle transaction guarantee, housing property right transfer transaction security guarantee and enterprise property right transfer transaction security guarantee.

The performance guarantee is the promise of the guarantee company. Once the insured of this guarantee has fulfilled the contractual obligations, the guarantor will ensure that the settlement clause or penalty payment clause in the purchase and sale contract is implemented, thus effectively avoiding or reducing the risks between the supplier and the buyer in the transaction process and safeguarding the legitimate rights and interests of creditors.