Examples of Performance Date in a sentence
If Xxxxx Xxxxxxxx has not met at least 90% of either or both of these Targets as of the Performance Date, Xxxxx Xxxxxxxx shall repay to the XXX that part of the COF Grant that is proportional to the shortfall from the Target or Targets for which it received COF proceeds.
If Xxxxx Xxxxxxxx has met at least 90% of both of the Targets as of the Performance Date, then and thereafter Xxxxx Xxxxxxxx is no longer obligated to repay any portion the COF Grant.
If the County, the XXX, or VEDP shall determine at any time prior to the Performance Date (the “Determination Date”) that Xxxxx Xxxxxxxx is unable or unwilling to meet the Targets by and through the Performance Date, and if the County, the XXX or VEDP shall have promptly notified Xxxxx Xxxxxxxx of such determination, Xxxxx Xxxxxxxx must repay the entire COF Grant to the XXX.
VEDP has estimated that the Commonwealth will reach its “break-even point” by the Performance Date.
Such repayment shall be due from Xxxxx Xxxxxxxx to the XXX within ninety days after the Performance Date, the Contribution Notification Date, or the Determination Date, as applicable.