Minimum Performance Guarantees definition

Minimum Performance Guarantees means the Liquefaction Train Power Demand Minimum Performance Guarantee, the Liquefaction Train System Power Demand Minimum Performance Guarantee, and the Refrigerant Losses Performance Guarantee.

Minimum Performance Guarantees means the guarantees set forth in Exhibit D-1.

Minimum Performance Guarantees means, to the extent that the failure to meet any such limit is attributable to Contractor’s scope of Work set forth in Section 3.1(a)(ii)(B):

Examples of Minimum Performance Guarantees in a sentence

• Contractor shall only be entitled to such Early Completion Bonus if the Work meets the Minimum Performance Guarantees for Unit 6 at the time of Substantial Completion of Unit 6.

• Liquidated Damages and Performance BonusesRespondent would be liable for scheduled liquidated damages if Respondent fails to achieve Substantial Completion of the Project by an agreed upon date, as well as performance liquidated damages for failure to meet the Minimum Performance Guarantees agreed to in the Definitive Agreements.

• Reliability Demonstration shall mean the operation of the Unit by Owner under the technical oversight of Contractor for a period of *** after the Minimum Performance Guarantees with respect to the Unit have been met [but prior to Final Completion of such Unit] by which the Contractor demonstrates to Owner that the Unit shall be capable of meeting the reliability criteria set forth in this Exhibit.

• If the Minimum Performance Guarantees are not met, either in whole or in part, Contractor shall, at its sole cost and expense, make such changes, modifications or additions to the Plant or any part thereof as may be necessary to achieve the Minimum Performance Guarantees.

• Contractor shall notify Company upon completion of the necessary changes, modifications or additions, and Contractor shall repeat the Performance Tests as necessary until the Minimum Performance Guarantees have been met.

More Definitions of Minimum Performance Guarantees

Minimum Performance Guarantees means the guarantees set forth in Exhibit D-1. GEC/ICC/EPC 5 Confidential Business Information

Minimum Performance Guarantees has the meaning set forth in Section 2.7(b).

Minimum Performance Guarantees means the Minimum Capacity, Maximum Degradation and Minimum Performance Ratio as specified by the Buyer according to Annexure L (Performance Guarantees);

Minimum Performance Guarantees means the Minimum Performance Guarantees- LSFO and Minimum Performance Guarantees-NG, collectively or independently, as required by the context in which the term is used.

Minimum Performance Guarantees means the guarantees set forth in Exhibit E-I

Minimum Performance Guarantees means the specifications set forth in Articles 7.2 through 7.7 of the

Minimum Performance Guarantees means, with respect to a Power Block, (a) a Heat Rate not exceeding 7,231 MMBTU/kWhr (LHV), (b) a Electrical Output not less than 439,204 kW, and (c) compliance of the Power Block with the Emissions Guarantee.