Reliability Guarantee Sample Clauses
A Reliability Guarantee clause sets a standard for the consistent and dependable performance of goods or services provided under a contract. Typically, it outlines specific metrics or benchmarks that must be met, such as uptime percentages for software or minimum defect rates for manufactured products, and may include remedies or penalties if these standards are not achieved. The core function of this clause is to assure the receiving party that the product or service will perform as promised, thereby reducing the risk of unexpected failures and ensuring accountability from the provider.
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Reliability Guarantee. The Reliability Guarantee shall have been achieved hereunder if and only if the Facility demonstrates an Average Equivalent Availability of not less than ninety-two percent (92%) while operating over a period of [*] in accordance with Applicable Laws, Applicable Permits, the Electrical Interconnection Requirements, the PPA Operating Requirements, the Guaranteed Emissions Limits, the Instruction Manual and the Power Purchase Agreement, with Contractor electing which period of forty-five (45) consecutive days should comprise the Reliability Run.
Reliability Guarantee. A. Contractor shall correct any system malfunction which requires the removal of a unit from normal operating service within forty-eight (48) hours of the initial failure for hydraulic elevators and seventy-two (72) hours of the initial failure for traction elevators excluding weekends and holidays.
B. If the unit is not returned to service within the specified time allotment, the Contractor shall reduce the subsequent monthly maintenance charge for the unit by amount equal to fifty percent (50%) of the total monthly unit price for each twenty-four (24) hour period the unit is out of service from the date of system malfunction. Any overtime required beyond the required timeline established in A above shall performed at no cost to the Owner.
1. However, Contractor shall not be penalized for pre-approved and scheduled maintenance repairs, tests or other conditions necessitating unscheduled major work procedures, resulting from a cause excluded by any other provision of this Agreement, or repairs to items not covered under this Agreement.
Reliability Guarantee. Seller guarantees to Buyer that each individual Turbine Generator Unit will, during a single continuous 5-day Reliability Test in accordance with the Approved Test Procedures:
a. each individual Turbine Generator Unit while combusting Natural Gas Fuel operating at various loads, will ramp up and ramp down and will continue to operate and will not trip;
b. Should the Reliability Test be interrupted for reasons not solely attributable to the Turbine Generator Unit, the Reliability Test will re-commence at the hour of the interruption.
Reliability Guarantee. The Contractor guarantees that the Plant will generate on a continuous basis during a 72 hour reliability test a net output averaging no less than 96% of the program dispatch load as per the test in Section 4 of this Appendix F.
Reliability Guarantee. Seller guarantees that the EEAF, as measured during the Completed Reliability Test (and calculated in accordance with paragraph (D) below), will not be less than ***%
Reliability Guarantee. 2.1 The Bank and the Client shall guarantee the reliability and safety of the information systems required for use of the Services under their control.
2.2 The Bank shall guarantee that the Client has access to the Bank’s server for use of the Service provided that the Client adheres to the procedure for use of the service agreed in the Contract.
2.3 The Client shall immediately inform the Bank of any errors or faults that obstruct the use of the Service.
Reliability Guarantee. The Reliability Guarantee shall have been achieved hereunder if and only if the Facility demonstrates an Average Equivalent Availability of not less than [*] while operating over a period of [*] in accordance with Applicable Laws, Applicable Permits, the Electrical Interconnection Requirements, the PPA Operating Requirements, the Guaranteed Emissions Limits and the Instruction Manual, and with Contractor electing which period of [*] should comprise the Reliability Run.
Reliability Guarantee. SOLARMAN guarantees that the software provided to you will be stable and continuous, except for normal system upgrades, system updates, and occasional force majeure events that prevent the continuity of the service.