Guarantee Conditions definition

Guarantee Conditions means the LNG Production Rate Guarantee Conditions.

Guarantee Conditions means the conditions upon which the Minimum Acceptance Criteria and Performance Guarantees are based and shall be tested, as further defined in Attachment T.

Guarantee Conditions means the following conditions:

Examples of Guarantee Conditions in a sentence

• Owner and Contractor shall confirm that the LNG Production Rate Guarantee Conditions: (i) have been satisfied prior to commencement of the LNG Production Rate Performance Test and (ii) continue to be satisfied during the conduct of the LNG Production Rate Performance Test.

• The LNG Production Rate Performance Test shall be conducted in accordance with the LNG Production Rate Guarantee Conditions specified in Section 2.4 and the Performance Test Procedures specified in Section 2.5 of this Attachment S.

• Each such report shall include an evaluation showing that the Performance Guarantee, Minimum Acceptance Criteria, Guarantee Conditions and other design limits have been met.

• If, before or during the LNG Production Rate Performance Test, any deviation from the LNG Production Rate Guarantee Conditions occurs which is not caused by Contractor or its Subcontractors, then the Owner and Contractor shall meet to agree on (a) the technical viability of conducting the LNG Production Rate Performance Test and (b) any adjustments to the Performance Guarantee set forth in this Attachment S and Attachment T.

• Each LNG Train shall have an LNG Production Rate equal to or greater than *** MMbtu HHV (“LNG Production Rate MAC”), over a 72 hour continuous period using the Measurement and Calculation Methods specified in Attachment S; provided that the LNG Production Rate Performance Guarantee Conditions stipulated in Attachment S are met.

More Definitions of Guarantee Conditions

Guarantee Conditions means the conditions and parameters in section 1.3.4 of SCHEDULE A (Owner's Technical Requirements).

Guarantee Conditions means the Sendout Rate Guarantee Conditions and Ship Unloading Time Guarantee Conditions.

Guarantee Conditions means those conditions referenced in Section 1.1 of Schedule 4.2 to the ERGS Facility Lease.

Guarantee Conditions shall have the meaning given to such term in Section 1.1 of Schedule 4.2 to the Facility Lease.

Guarantee Conditions means, for the Equipment, the conditions defined in Material Requisition MRA-MBPX-00002, Appendix A, Table 6.1, for the Equipment Performance Guarantees, and, for the Facility, as agreed between Buyer and Owner for the Facility Performance Guarantees.

Guarantee Conditions means the conditions defined in Material Requisition MRA-MKAA-00001, Appendix A for the Equipment Performance Guarantees, and as agreed between Buyer and Owner for the Facility Performance Guarantees.

Guarantee Conditions means - the fulfillment of the two following conditions, cumulatively: (1) repayment of the Chinese loan in full; as well as (2) repayment of the full credit to be obtained, if any is obtained, pursuant to Sections 12.7.4 (a) and 12.7.4 (b) of the Trust Deeds (the "Additional Credit") .