Performance Assurance Party definition

Performance Assurance Party means each Party, the CDSP and each Relevant Third Party;
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Performance Assurance Party means Seller, if Seller is providing Performance Assurance to TVA.
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Performance Assurance Party means 1 November 2008 or such other date as may be prescribed in the Annual Performance Assurance Timetable as being the date on which the Performance Assurance Board shall approve each Performance Assurance Party’s initial Risk Management Plan;has the meaning given to that term in Section Z5.1.1(c); Insert new definitions Performance Assurance Technique and Performance Assurance Operating Period after the definition “Performance Assurance Reporting and Monitoring System or PARMS” as follows;
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Examples of Performance Assurance Party in a sentence

  • Without limitation to the generality of the foregoing, the Guaranteed Party shall return to the Performance Assurance Party all original Letter of Credit and Guaranty Performance Assurance documents, and all amendment, extension, and other related documents, within sixty (60) days of the termination, cancellation, or replacement thereof.

  • The following observations were made;• Definition of Performance Assurance Party should be added to ensure all definitions are complete.

  • Performance Assurance Techniques (PAT) will be applied to a Performance Assurance Party (PAP) based on the net significance of the applicable Settlement Risk and an assessment of the PAP’s contribution to the Settlement Risk.

  • SupplierSMRAUMSOHHDCNHHDCHHDANHHDAHH SVA MOANHH SVA MOACVA MOAMAVLPQualification Process 1.2 Risk Based Performance Assurance Framework Performance Assurance Techniques (PAT) will be applied to a Performance Assurance Party (PAP) based on the net significance of the applicable Settlement Risk and an assessment of the PAP’s contribution to the Settlement Risk.

  • Performance Assurance Techniques") which the Performance Assurance Committee may require a Performance Assurance Party to implement and follow to facilitate the better achievement of the Performance Assurance Objective.

  • Performance Assurance Techniques (PAT)s will be applied to a Performance Assurance Party (PAP) based on the net significance of the applicable Settlement Risk and an assessment of the PAP‟s contribution to the Settlement Risk.

  • SupplierSMRAUMSOHHDCNHHDCHHDANHHDAHH SVA MOANHH SVA MOACVA MOAMAVLPQualification Process1.2 Risk Based Performance Assurance Framework Performance Assurance Techniques (PAT) will be applied to a Performance Assurance Party (PAP) based on the net significance of the applicable Settlement Risk and an assessment of the PAP’s contribution to the Settlement Risk.

  • SupplierSMRAUMSOHHDCNHHDCHHDANHHDAHH SVA MOANHH SVA MOACVA MOAMAVLPQualification Process✓✓1.2 Risk Based Performance Assurance Framework Performance Assurance Techniques (PAT) will be applied to a Performance Assurance Party (PAP) based on the net significance of the applicable Settlement Risk and an assessment of the PAP’s contribution to the Settlement Risk.

  • Performance Assurance Techniques (PAT)s will be applied to a Performance Assurance Party (PAP) based on the net significance of the applicable Settlement Risk and an assessment of the PAP’s contribution to the Settlement Risk.

  • It describes how Performance Assurance Techniques (PATs) could be deployed against each Settlement Risk for each class of Performance Assurance Party (PAP)1 in the Risk Evaluation Register (RER).There have been no new or significant changes to Settlement Risks identified for 2014/15.

Related to Performance Assurance Party

  • Performance Assurance means collateral in the form of cash or letters of credit, or other security acceptable to the requesting Party.

  • Performance audit means an objective and systematic assessment of a state agency or agencies or any of their programs, functions, or activities by the state auditor or designee in order to help improve agency efficiency, effectiveness, and accountability. Performance audits include economy and efficiency audits and program audits.

  • Reporting Participant means a Participant who is subject to the reporting requirements of Section 16 of the Exchange Act.

  • Performance Level means a reference to one of Performance Level I, Performance Level II, Performance Level III, Performance Level IV or Performance Level V.

  • Performance Data means a rating, ranking, quotation, discussion or analysis regarding an aspect of the investment performance of an investment fund, an asset allocation service, a security, an index or a benchmark;

  • Performance Security means monetary guarantee to be furnished by the successful Tenderer for due performance of the contract placed on it. Performance Security is also known as Security Deposit or Performance Bank Guarantee.

  • Long-Term Performance Award means an award under Section 10 below. A Long-Term Performance Award shall permit the recipient to receive a cash or stock bonus (as determined by the Committee) upon satisfaction of such performance factors as are set out in the recipient's individual grant. Long-Term Performance Awards will be based upon the achievement of Company, Subsidiary and/or individual performance factors or upon such other criteria as the Committee may deem appropriate.

  • Performance Bank Guarantee means the irrevocable unconditional bank guarantee to be submitted by the successful bidder as per the RfS.

  • Performance Unit Award means an Award granted under Article XI of the Plan under which, upon the satisfaction of predetermined Performance Goals, a cash payment shall be made to the Holder, based on the number of Units awarded to the Holder.

  • Cash Award means an award denominated in cash.

  • 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.

  • Incentive Award means the right to receive a cash payment to the extent Performance Goals are achieved, and shall include “Annual Incentive Awards” as described in Section 10 and “Long-Term Incentive Awards” as described in Section 11.