Return of Performance Security Sample Clauses

Return of Performance Security. MDOT shall return the Performance Security to the Phase Developer within 15 days of the earlier of:
Sample 1Sample 2
AutoNDA by SimpleDocs
Return of Performance Security. The Buyer shall return or release the Performance Security to the Seller, without deduction, other than prior deductions, if any, properly made hereunder, on the date that is 180 days after COD. No interest will be payable by the Buyer in connection with the Performance Security.
Sample 1
Return of Performance Security. BC Hydro will return to the Contractor any unused Performance Security held by it under Section 3 of this Schedule 11 [Prices and Payment] after such Performance Security ceases to be of any force and effect in accordance with Section 3 of this Schedule 11 [Prices and Payment], or at such earlier time as BC Hydro may, in its discretion, consider appropriate. If the Contract is terminated pursuant to Section 16 or 17 of Schedule 2 [General Conditions], the Contractor is entitled to replace any Performance Security required during the Warranty Period in accordance with Section 3.2of this Schedule 11 [Prices and Payment] provided that the Contract Price will be the amount of Work completed to the effective date of termination.
Sample 1
Return of Performance Security. Subject to the provisions of this Agreement, the authority shall return the Performance Security to the consultant within 90 (ninety) days without any interest following the expiry or prior termination of this Agreement, as the case may be, provided that there are no outstanding claims of the authority on the consultant in terms hereof in which event amount of outstanding claims shall be appropriated from Performance Security.
Sample 1
Return of Performance Security. (a) The BLPC shall promptly return / release all or any part of the Performance Security provided the RE Supplier has delivered the replacement Performance Security and such replacement Performance Security, together with any Performance Security not being returned or released, meets all the applicable requirements of this Section and there is no Performance Security Default in respect of any Performance Security not being returned or released. The return / release of the Performance Security shall be without prejudice to other rights of the RE Supplier under this Agreement.
Sample 1
Return of Performance Security. BC Hydro will return to Project Co any unused performance security held by it under Section 16.1 of this Schedule 11 [Prices, Payment and Security], after the Construction Period, or at such earlier time as BC Hydro may, in its sole discretion, consider appropriate. BC Hydro will return to Project Co any unused performance security held by it under Section 16.2 of this Schedule 11 [Prices, Payment and Security], on the earlier of the Termination Date or the commencement of Decommissioning, or at such earlier time as BC Hydro may, in its sole discretion, consider appropriate. WORKER ACCOMMODATION PROJECT AGREEMENT APPENDIX 11A FUNCTIONAL UNITS WORKER ACCOMMODATION PROJECT AGREEMENT APPENDIX 11B FORM OF LETTER OF CREDIT [Issuing Bank Name & Address] Date of Issue: [Date] Irrevocable Standby Letter of Credit No. [Number] Applicant: Beneficiary: [Customer Name and Address] British Columbia Hydro and Power Authority [Address] Amount: [Currency and Amount both in letters and numbers] At the request of and for the account of the Applicant, we, [Bank Name], hereby establish in favour of the Beneficiary our irrevocable standby Letter Of Credit No. [Number] (hereinafter called the “Letter of Credit”) for an amount not exceeding [Currency and Amount both in letters and numbers]. We, [Bank Name and Address], hereby unconditionally and irrevocably undertake and bind ourselves, and our successors and assigns, to pay British Columbia Hydro and Power Authority (y“ ou”) immediately, the sum, which you claim upon receipt of the following documents:
Sample 1

Related to Return of Performance Security

  • Release of Performance Security (i) The Authority shall return the Performance Security to the Contractor within 60 (sixty) days of the expiry of the Maintenance Period or the Defects Liability Period, whichever is later, under this Agreement. Notwithstanding the aforesaid, the Parties agree that the Authority shall not be obliged to release the Performance Security until all Defects identified during the Defects Liability Period have been rectified.

  • Appropriation of Performance Security Upon occurrence of a Concessionaire Default, the Authority shall, without prejudice to its other rights and remedies hereunder or in law, be entitled to invoke, encash and appropriate the relevant amounts from the Performance Security as Damages for such Concessionaire Default. Upon such invocation, encashment and appropriation from the Performance Security, the Concessionaire shall, within [30 (thirty)] days thereof, replenish, in case of partial appropriation, to its original level the Performance Security, and in case of appropriation of the entire Performance Security provide a fresh Performance Security, as the case may be, and the Concessionaire shall, within the time so granted, replenish or furnish fresh Performance Security as aforesaid failing which the Authority shall be entitled to terminate this Agreement in accordance with Article 37. Upon replenishment or furnishing of a fresh Performance Security, as the case may be, as aforesaid, the Concessionaire shall be entitled to an additional Cure Period of [90 (ninety)] days for remedying the Concessionaire Default, and in the event of the Concessionaire not curing its default within such Cure Period, the Authority shall be entitled to invoke, encash and appropriate such Performance Security as Damages, and to terminate this Agreement in accordance with Article 37.

  • Return of Performance Bank Guarantee Payment on Order Instrument

  • Availability of Performance Order If, and to the extent that, a breach of this contract has been caused by a Relevant Force Majeure Event, the Non-affected Party shall not be entitled to a Performance Order except to secure performance by the Affected Party of its obligations under this Clause 17.

  • Covenants of Performance Measurement No interference. Registry Operator shall not interfere with measurement Probes, including any form of preferential treatment of the requests for the monitored services. Registry Operator shall respond to the measurement tests described in this Specification as it would to any other request from an Internet user (for DNS and RDDS) or registrar (for EPP). ICANN testing registrar. Registry Operator agrees that ICANN will have a testing registrar used for purposes of measuring the SLRs described above. Registry Operator agrees to not provide any differentiated treatment for the testing registrar other than no billing of the transactions. ICANN shall not use the registrar for registering domain names (or other registry objects) for itself or others, except for the purposes of verifying contractual compliance with the conditions described in this Agreement. PUBLIC INTEREST COMMITMENTS Registry Operator will use only ICANN accredited registrars that are party to the Registrar Accreditation Agreement approved by the ICANN Board of Directors on 27 June 2013 in registering domain names. A list of such registrars shall be maintained by ICANN on ICANN’s website. (Intentionally omitted. Registry Operator has not included commitments, statements of intent or business plans provided for in its application to ICANN for the TLD.) Registry Operator agrees to perform the following specific public interest commitments, which commitments shall be enforceable by ICANN and through the Public Interest Commitment Dispute Resolution Process established by ICANN (posted at xxxx://xxx.xxxxx.xxx/en/resources/registries/picdrp), which may be revised in immaterial respects by ICANN from time to time (the “PICDRP”). Registry Operator shall comply with the PICDRP. Registry Operator agrees to implement and adhere to any remedies ICANN imposes (which may include any reasonable remedy, including for the avoidance of doubt, the termination of the Registry Agreement pursuant to Section 4.3(e) of the Agreement) following a determination by any PICDRP panel and to be bound by any such determination. Registry Operator will include a provision in its Registry-Registrar Agreement that requires Registrars to include in their Registration Agreements a provision prohibiting Registered Name Holders from distributing malware, abusively operating botnets, phishing, piracy, trademark or copyright infringement, fraudulent or deceptive practices, counterfeiting or otherwise engaging in activity contrary to applicable law, and providing (consistent with applicable law and any related procedures) consequences for such activities including suspension of the domain name. Registry Operator will periodically conduct a technical analysis to assess whether domains in the TLD are being used to perpetrate security threats, such as pharming, phishing, malware, and botnets. Registry Operator will maintain statistical reports on the number of security threats identified and the actions taken as a result of the periodic security checks. Registry Operator will maintain these reports for the term of the Agreement unless a shorter period is required by law or approved by ICANN, and will provide them to ICANN upon request. Registry Operator will operate the TLD in a transparent manner consistent with general principles of openness and non-discrimination by establishing, publishing and adhering to clear registration policies.

  • Evaluation of Performance School, in conjunction with Company personnel, is responsible for and shall make arrangements for evaluating Student’s performance during the clinical program.

  • Monitoring of Performance Vendor shall continuously monitor and record its performance to ensure that all of Vendor's responsibilities and obligations hereunder are being met and fulfilled. Citizens may conduct programmatic and other administrative contract monitoring during the term of this Agreement. The purpose of this monitoring is to ensure that all of Vendor's responsibilities and obligations are being met and fulfilled. Such monitoring may include on-site visits, report reviews, invoice reviews, compliance reviews, and a review of any other areas reasonably necessary. Vendor acknowledges and agrees that Citizens may also monitor and record Vendor Staff communications to the extent they occur within or are connected to any Citizens’ resource, such as electronic or telecommunications systems.

  • Prohibition of Performance Requirements 1. The provisions of the Agreement on Trade-Related Investment Measures in Annex 1A to the WTO Agreement (TRIMs), which are not specifically mentioned in or modified by this Agreement, shall apply, mutatis mutandis, to this Agreement.

  • Suspension of Performance Notwithstanding any other provision hereof, if an Event of Default or a Potential Event of Default has occurred and is continuing, the Non-Defaulting Party, upon written notice to the Defaulting Party, has the right (i) to suspend performance under any or all Transactions and (ii) to the extent an Event of Default has occurred and is continuing, to exercise any remedy available at law or in equity, except as limited be Section 5.7.

  • Assessment of Performance The assignment of a teacher to a TLS position will be subject to review by the school district’s administration at least annually. The first review must be completed no later than five (5) work days before the beginning of the transfer process. The review shall include peer feedback on the effectiveness of the teacher’s performance of duty specific to the teacher’s TLS position. A teacher who completes an assignment in a TLS position may apply for assignment to a new TLS position.

Time is Money Join Law Insider Premium to draft better contracts faster.