Guaranteed Performance Levels definition

Guaranteed Performance Levels means for each Stage the guaranteed performance levels for the LNG Production Rate, the Fuel Consumption Rate, Specific Power Consumption, Electric Power Consumption Rate and the Ship Loading Rate, each as described in Appendix G.

Guaranteed Performance Levels have the meaning given to such term in Schedule 4.5 to the Facility Lease.

Guaranteed Performance Levels means the guaranteed performance levels for Unit 1 as set forth in Schedule 4.5 to the Facility Lease.

Examples of Guaranteed Performance Levels in a sentence

• Lessor shall schedule and perform required Testing, including with respect to the Guaranteed Performance Levels, in accordance with Article 4 of the Facility Lease.

• Lessor agrees to use commercially reasonable efforts to achieve the Guaranteed Performance Levels as set forth in Schedule 4.5 by the Scheduled Commercial Operation Date.

• Upon completion of any repair or replacement work, the Contractor shall, at its own expense, and with EIL's coordination and Approval, perform such tests as necessary to demonstrate that pursuant to cure of Defects under this Clause, the Works meet the Guaranteed Performance Levels.

• The adjustments to the Work, the Contract Price, the Milestones, the Payment Schedule, the Key Date Schedule, including the Guaranteed Substantial Completion Dates, or the Guaranteed Performance Levels, as described in this Section 8.2, shall be the sole adjustments to any of the terms and conditions of this Agreement as a result of the applicable Owner-initiated Change Order.

• The general requirements as stated in this Section 8.4.1 shall apply in determining all adjustments to the Contract Price, the Milestones, the Payment Schedule, the Key Date Schedule, including the Guaranteed Substantial Completion Dates, or the Guaranteed Performance Levels, to be made in connection with any Change Order.

More Definitions of Guaranteed Performance Levels

Guaranteed Performance Levels means the level guaranteed in the applicable unit of measure that has to be achieved and demonstrated through the Final Acceptance Test to allow issuing the Contractor a Final Acceptance Certificate (FAC), as detailed below.

Guaranteed Performance Levels means the guaranteed levels of performance set out in the Contract that are needed to be met by the Plant, Goods and Materials , the Works and the Facility on conduct of the Tests on Completion.

Guaranteed Performance Levels means each of the performance guarantees specified in Exhibit 1 (Project Specific Terms) to be attained in accordance with Clause 27.

Guaranteed Performance Levels means the performance levels of the Plant as guaranteed by Contractor pursuant to Section 11.04.

Guaranteed Performance Levels means the performance levels of the Facility as guaranteed by Contractor pursuant to Section 11.04.

Guaranteed Performance Levels means the applicable performance test criteria and the levels described in Article 13 hereof.

Guaranteed Performance Levels means the performance levels of the Ethanol Plant as guaranteed by Contractor pursuant to Section 11.04.