Guaranteed Parameters 13 Sample Clauses

Guaranteed Parameters 13. 2.1 The Supplier guarantees that the Deliveries will meet the Guaranteed Parameters in accordance with Appendix No. 1 to the Contract. 13.2.2 The Guaranteed Parameters shall be subject to measurements during Performance Testing. 13.2.3 If due to the reasons attributable to the Supplier the measurements demonstrate that the Deliveries are not compliant with the Guaranteed Parameters, the following procedure shall apply: a) The Employer will have the right to charge the contractual penalties referred to in Art. 14.2.6 of the Contract; b) The Supplier will perform corrective actions in order to make the Deliveries compliant with the Guaranteed Parameters; 13.2.4 Once the corrective actions referred to in Art. 13.2.3. b) above are performed, the Supplier shall notify the Employer about the readiness of the Deliveries for repeated measurements of the Guaranteed Parameters within a period not longer than 30 (say: thirty) days from the date of performance of the first measurements of the Guaranteed Parameters or in a longer period if agreed on with the Employer. 13.2.5 If the repeated measurements show that the Deliveries are complaint with the Guaranteed Parameters, the Supplier shall be released from the obligation to pay the contractual penalties referred to in Art. 14.2.6 of the Contract. 13.2.6 If the repeated measurements show for the third time that the Deliveries are not
Sample 1
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Guaranteed Parameters 13. 2.1 The Supplier guarantees that the Deliveries will meet the Guaranteed Parameters in accordance with Appendix No. 1 to the Contract. 13.2.2 The Guaranteed Parameters shall be subject to measurements during Performance Testing. 13.2.3 If the measurements demonstrate that the Deliveries are not compliant with the Guaranteed Parameters, the following procedure shall apply: a) The Employer will have the right to
Sample 1

Related to Guaranteed Parameters 13

  • Guaranteed Energy Production (A) Throughout the Delivery Term, Seller shall be required to provide to Buyer an amount of Delivered Energy plus Deemed Delivered Energy, if any, no less than the Guaranteed Energy Production over two (2) consecutive Contract Years during the Delivery Term (“Performance Measurement Period”). “

  • QUANTITY BASIS OF CONTRACT – NO GUARANTEED QUANTITIES The contract established has no guarantee of any specific quantity and the State is obligated only to buy that quantity which is needed by its agencies.

  • No Quantity Guarantees The System Agency makes no guarantee of volume or usage of work under this Contract. All Work requested may be on an irregular and as needed basis throughout the Contract term.

  • Performance Guarantee 9.4.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Period, provide to the Authority no later than [90] days prior to expiry of the Performance Security, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs. ***** crore (Rupees ***** crore)7 in the form set forth in Schedule-FF (the “Performance Guarantee”). Until such time the Performance Guarantee is provided by the Concessionaire pursuant hereto and the same comes into effect, notwithstanding anything contained in clause 9.3 the Performance Security shall remain in force and effect, and upon such provision of the Performance Guarantee pursuant hereto, the Authority shall release the Performance Security to the Concessionaire.

  • REFERENCED CONTRACT PROVISIONS Term provision and Aggregate Maximum Obligation provision, of the Contract are deleted in their entirety and replaced with the following: “Term: July 1, 2019 through June 30, 2024 Period One means the period from July 1, 2019 through June 30, 2020 Period Two means the period from July 1, 2020 through June 30, 2021 Period Three means the period from July 1, 2021 through June 30, 2022 Period Four means the period from July 1, 2022 through June 30, 2023 Period One Amount Not To Exceed: $360,964 Period Two Amount Not To Exceed: $373,598 Period Three Amount Not To Exceed: $386,674 Period Four Amount Not To Exceed: $450,000 Period Five Amount Not To Exceed: $450,000 TOTAL AMOUNT NOT TO EXCEED: $2,021,235” Period Five means the period from July 1, 2023 through June 30, 2024 Amount Not To Exceed:

  • LENGTH OF PRICE GUARANTEE Discount percentages shall be firm for the term of the contract.

  • Guaranty Each Guarantor hereby absolutely and unconditionally, jointly and severally guarantees, as primary obligor and as a guaranty of payment and performance and not merely as a guaranty of collection, prompt payment when due, whether at stated maturity, by required prepayment, upon acceleration, demand or otherwise, and at all times thereafter, of any and all Secured Obligations (for each Guarantor, subject to the proviso in this sentence, its “Guaranteed Obligations”); provided that (a) the Guaranteed Obligations of a Guarantor shall exclude any Excluded Swap Obligations with respect to such Guarantor and (b) the liability of each Guarantor individually with respect to this Guaranty shall be limited to an aggregate amount equal to the largest amount that would not render its obligations hereunder subject to avoidance under Section 548 of the Bankruptcy Code of the United States or any comparable provisions of any applicable state law. Without limiting the generality of the foregoing, the Guaranteed Obligations shall include any such indebtedness, obligations, and liabilities, or portion thereof, which may be or hereafter become unenforceable or compromised or shall be an allowed or disallowed claim under any proceeding or case commenced by or against any debtor under any Debtor Relief Laws. The Administrative Agent’s books and records showing the amount of the Obligations shall be admissible in evidence in any action or proceeding, and shall be binding upon each Guarantor, and conclusive for the purpose of establishing the amount of the Secured Obligations. This Guaranty shall not be affected by the genuineness, validity, regularity or enforceability of the Secured Obligations or any instrument or agreement evidencing any Secured Obligations, or by the existence, validity, enforceability, perfection, non-perfection or extent of any collateral therefor, or by any fact or circumstance relating to the Secured Obligations which might otherwise constitute a defense to the obligations of the Guarantors, or any of them, under this Guaranty, and each Guarantor hereby irrevocably waives any defenses it may now have or hereafter acquire in any way relating to any or all of the foregoing.

  • Warranty/Guarantee 14.1.1 Developer shall obtain and preserve for the benefit of the District, manufacturer’s warranties on materials, fixtures, and equipment incorporated into the Work.

  • Guaranteed Maximum Price (GMP Construction Manager guarantees that it shall not exceed a Guaranteed Maximum Price (GMP) of Eight Hundred Thirty Thousand, Two Hundred Twenty Dollars and Forty-Five Cents ($830,220.45) for the identified Sub-Project.

  • Weekly Guarantee Apprentices must be employed a minimum of forty (40) hours per week.

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