Performance Assurance Party definition

Performance Assurance Party means Seller, if Seller is providing Performance Assurance to TVA.
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Performance Assurance Party means each Party, the CDSP and each Relevant Third Party;
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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 proposed development locates its main residential entrance central to the building's Roehampton Avenue frontage between the 2 townhouse units which face Roehampton and the flank of the first unit which faces the sports field.

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

  • Where a meeting is concerned with any matter listed in Section Z2.1.2(i) it shall be held in closed confidential session save that if the meeting concerns a matter as described in Section Z2.1.2 (i) (v) or Z2.1.2 (i) (vi) then a representative of the Performance Assurance Party may attend that part of the meeting at which the Performance Assurance Party Risk Management Query and/or performance is being discussed and/or determined.

  • Data providers may include, without being limited to:• CDSP• The Performance Assurance Party themselves – “self-reporting”• Other UNC Parties• Retail Energy Code LimitedWhere PAC requests data from a Performance Assurance Party which is subject to a deadline for provision, it will advise the PAP of its request and the deadline for it in writing.

  • For the avoidance of doubt where a meeting is concerned with the Risk Evaluation Methodology and/or the Risk Evaluation Register and no confidential information is being disclosed then any Performance Assurance Party shall be entitled to receive notice and attend such a meeting.

  • Data providers may include, without being limited to:• CDSP• The Performance Assurance Party themselves – “self-reporting”• Other UNC PartiesWhere PAC requests data from a Performance Assurance Party which is subject to a deadline for provision, it will advise the PAP of its request and the deadline for it in writing.

  • SECTION A – RESOLUTION PLAN CONTROL • Performance Assurance Partyo Name of Performance Assurance Party responsible for delivering this plan• Senior Manager Committing to Successful Delivery of the Resolution Plano This provides assurance to PAC that there is commitment to the Resolution Plan and shows that there has been an internal review to ensure that the plans are signed off and have management support.

  • 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.

  • Each £1 of public investment in collaborative R&D is estimated to offer a […] return of £6.71 before taking spillover effects into account.

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.

  • Performance Contract means the annual agreement negotiated and entered into by a community

  • 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.

  • 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.

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

  • 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.

  • Capacity Performance Resource means a Capacity Resource as described in Tariff, Attachment DD, section 5.5A(a).

  • 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.