Performance Guarantee Period definition

Performance Guarantee Period means each of the five consecutive 365-day periods (366 days during leap years), the first of which commences on the Final Acceptance Date and the last of which expires on the final day of the fifth Performance Guarantee Period.
Performance Guarantee Period means the timeframe from the Guarantee Date to the last day of the final Annual Period as described in Table 1.1 of the Performance Assurance, Exhibit C, or the period from the Guarantee Date until the termination of this Agreement, whichever occurs earlier.
Performance Guarantee Period means the period referred to in Clause 24.

Examples of Performance Guarantee Period in a sentence

  • SIEMENS obligations under the Performance Guarantee are dependent upon and subject to the express condition that the CLIENT maintains the PASP during the entire Performance Guarantee Period.

  • The plan shall cover how the Performance Guarantee is administered, reviewed and measured during the Performance Guarantee Period.

  • On completion of the Performance Guarantee Period, a consolidated statement in the said proforma must be sent to GM (E&M) HOD, ECL Hqrs.

  • The start date of the Performance Guarantee Period is the date, post-Substantial Completion, when the building is at a minimum of 80% occupancy.

  • Owner shall withhold a pre-determined amount from the Contract Sum, during the Performance Guarantee Period.


More Definitions of Performance Guarantee Period

Performance Guarantee Period means the period set forth in the Purchase Order for the applicable Performance Guarantee. “Performance Guarantees” means the performance guarantees for the Deliverables and the Project specified in the Purchase Order.
Performance Guarantee Period means the timeframe from the Acceptance Date of the Final Segment of the Works until the termination of this Agreement.
Performance Guarantee Period means the period of years set out in Schedule 1, commencing on the Performance Guarantee Commencement Date.
Performance Guarantee Period means the period specified in ‎Schedule 1 (Summary of Contract Information). “Person” means any individual, corporation, joint stock company, limited liability company, partnership, joint venture, association, trust, unincorporated organisation, Governmental Instrumentality, or other entity.
Performance Guarantee Period means the period set out in Item 8 of ‎Schedule 1 (Contract Information), commencing on the Date for ESM Works Completion.
Performance Guarantee Period means the period beginning on the first day of the Calendar Month following the date of Substantial Completion and continuing for sixty (60) Calendar Months thereafter. (Performance Guarantee Period is equal to final contract warranty period)
Performance Guarantee Period or “PGP” means the period referred to in