Initial Performance Guarantee definition

Initial Performance Guarantee shall have the meaning set forth in Article 17.1(a).
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Initial Performance Guarantee shall have the meaning set forth in Article
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Initial Performance Guarantee means the Performance Guarantee issued by the Industrial and Commercial Bank of China "ICBC" on October 8, 1996.
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Examples of Initial Performance Guarantee in a sentence

  • The Initial Performance Guarantee shall cover the Minimum Work Program and the Minimum Program Increase.

  • The Initial Performance Guarantee shall cover the total of the Work Units corresponding to the Minimum Work Program and the Minimum Program Increase.

  • Upon the termination of the Initial Exploration Period, the Contractor may request the return of the Initial Performance Guarantee once CNH has issued a report of full compliance to the obligations of the Initial Exploration Period.

  • CNH shall be entitled to draw on the Initial Performance Guarantee to collect any liquidated damages specified in Article 4.4 for failure to perform the Minimum Work Program and Minimum Program Increase.

  • The CNH shall be entitled to draw on the Initial Performance Guarantee to collect any unliquidated damages for failure to perform the Minimum Work Program and Minimum Program Increase during the Initial Exploration Period.

  • Upon the termination of the Initial Exploration Period, the contractor may request the return of the Initial Performance Guarantee once CNH has issued a report of full compliance to the obligations set forth in the Initial Exploration Period.

  • Results from her study support my decision to use a combination of the AWL+GSL and the BNC-COCA for the current study.

  • CNH shall be entitled to draw on the Initial Performance Guarantee to collect any liquidated damages specified in Article 4 for failure to perform the Minimum Work Program and the Minimum Program Increase.

  • Upon termination of the Initial Appraisal Period, the Contractor may request the return of the Initial Performance Guarantee once the Contractor has submitted the Additional Period Guarantee in accordance with this Article 16.1.

Related to Initial Performance Guarantee

  • Performance Guarantee means the security to be provided by the Contractor in accordance with Sub Clause 10.1 for the due performance of the Contract.

  • Performance Guaranty means the Performance Guaranty, dated as of the Closing Date, entered into by Performance Guarantor in favor of Administrative Agent.

  • Performance Guarantees means specific measurement indicators assigned to Contract tasks representing timeliness and quality of task output.

  • Parent Guarantee means the guarantee by Parent Guarantor of the obligations of the Issuer under this Indenture and the Securities in accordance with the provisions of this Indenture.

  • Substantial Performance means the stage of completion when:(a) all Work, as certified by the Contract Administrator, is capable of completion or correction at a cost of not more than:

  • Energy Performance Score means the numeric rating generated by Portfolio Manager that compares the Energy usage of the building to that of similar buildings.

  • Parent Guaranty means the guaranty of the Parent pursuant to Section 15.

  • Additional Performance Security shall have the meaning set forth in Clause 7.1;

  • Performance Guarantor means Parent.

  • Performance Agreement means an agreement between an HSP and its CEO that requires the CEO to perform in a manner that enables the HSP to achieve the terms of this Agreement and any additional performance improvement targets set out in the HSP’s annual quality improvement plan under the Excellent Care for All Act, 2010;

  • energy performance contracting means a contractual arrangement between the beneficiary and the provider of an energy efficiency improvement measure, verified and monitored during the whole term of the contract, where investments (work, supply or service) in that measure are paid for in relation to a contractually agreed level of energy efficiency improvement or other agreed energy performance criterion, such as financial savings;

  • Energy savings performance contract means a contract under which the rate of payments is based upon energy and operational cost savings and a stipulated maximum energy consumption level over the life of the contract.

  • Payment Guaranty means, if applicable, that certain Guaranty (Payment) of even date herewith executed by Guarantor to and for the benefit of Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Performance and Guarantee Test means all operational checks and tests required to determine and demonstrate capacity, efficiency and operating characteristics as specified in the Contract Documents.

  • Financial Performance Covenants means the covenants of the Borrower set forth in Section 10.11.

  • Performance and Guarantee Tests , shall mean all operational checks and tests required to determine and demonstrate capacity, efficiency, and operating characteristics as specified in the Contract Documents.

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Completion Guaranty means the Guaranty of Completion and Payment of even date herewith from Indemnitor for the benefit of Lender, as amended from time to time.

  • Financial Performance Covenant means the covenant set forth in Section 6.11.

  • Annual performance report means a written appraisal of the teaching staff member's performance prepared by the teaching staff member’s designated supervisor based on the evaluation rubric for his or her position.

  • Guaranteed energy savings contract means a contract that includes all of the following:

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F-2 unconditionally guarantying on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • Total Performance means that the entire Work, except those items arising from the provisions of any warranty, have been performed in accordance with the Contract;

  • Control Performance Standard or “CPS” shall mean the reliability standard that sets the limits of a Balancing Authority’s Area Control Error over a specified time period.

  • Certificate of Substantial Performance means a certificate issued by the NCC when the Work reaches Substantial Performance;

  • Environmental Performance means all or any of the following: the consumption of energy and associated generation of greenhouse gas emissions; the consumption of water; waste generation and management; and any other environmental impact arising from the use or operation of the Premises or the Estate;