Additional Performance Security definition

Additional Performance Security shall have the meaning set forth in Clause 7.1;
Additional Performance Security means the Bank Guarantee to be submitted by Successful Bidder in accordance with Clause 8.7 of this RFP Document
Additional Performance Security means a Bank Guarantee for an amount as defined in Article 9.4 of Concession Agreement; submitted by the Concessionaire towards fulfilment of its obligation for on-boarding an Operating Partner for the operations and maintenance of the Convention Centre / Hotel during the Operator Lock-in Period.} 3

Examples of Additional Performance Security in a sentence

  • The Damages shall be the sum calculated at the rate of 0.01% (zero point zero one per cent) of the Bid Price offered by the Selected Bidder for each day until the Performance Security and Additional Performance Security, if any, is provided in full as prescribed herein.

  • The damages at full rate as given above shall be applicable even if a part of the Performance Security and the Additional Performance Security is provided.

  • The Additional Performance Security shall be valid until 28 (twenty eight) days after Project Completion Date.


More Definitions of Additional Performance Security

Additional Performance Security means a performance security that must be submitted by the Selected Bidder to SJPNL along with Performance Security to secure performance of the obligations of the Bidder under clause 31.5 of the RFP;
Additional Performance Security means a performance security that must be submitted by the Selected Bidder to the Executive agency before the issue of LOA to secure the obligations of the Concessionaire/Bidder in relation to the clause 16.5 of the RFP document.
Additional Performance Security means a performance security that must be submitted by the Selected Bidder to the KMC, along with Performance Security and ESHS Security, to secure the obligations of the Concessionaire/Bidder in relation to the clause 16.5 of the RFP document.
Additional Performance Security shall have the mean- ing set forth in Clause 7.1;
Additional Performance Security shall have the meaning ascribed to it in Article 6.1(c).
Additional Performance Security shall have the meaning ascribed to it in Recital C(a) and shall include any revised/ incremental Performance Security submitted by the Purchaser in accordance with the requirements of Clause 4;
Additional Performance Security shall have the meaning set forth in Clause 7.1; Rangagara to Kaliabor Tiniali of NH-37 (Old) from Km 297+000 to Km 315+315 (18.315 Km), under SARDP-NE, at the Risk and Cost of EPC Contractor on EPC mode March 2024