Performance Guarantee Test definition

Performance Guarantee Test means the test(s) specified in the Technical Specifications to be carried out to ascertain whether the Facilities are able to attain the Performance Guarantees specified in the Contract as per Clause 27 hereof.
Performance Guarantee Test means such tests as are described in the GCC /
Performance Guarantee Test means the test(s) specified in the Technical Specifications to be

Examples of Performance Guarantee Test in a sentence

  • SD/PBG shall be returned only after successful Performance Guarantee Test/ Final Acceptance Test.

  • The period for Performance Guarantee Test shall begin from the date mentioned in NIT of this Tender and shall continue till next one (1) year.

  • Upon successful completion of all the Tests to be performed at the Site on the equipment, systems and materials furnished and erected and on completion of a successful "Trial Run” and Performance Guarantee Test and on completion of satisfactory Warranty Period the Owner shall issue to the Contractor Final acceptance certificate.

  • The detailed procedure for Performance Guarantee Test shall be carried out as per procedure laid down in Section V – Technical Specifications.

  • The evaluation of Performance Guarantee Test for Solar PV system shall be as per Annexure-17 and for Battery system shall be as per Annexure-18.

  • The Performance Ratio during PTP shall be calculated through the formula: In order to consider the Performance Guarantee Test positively passed, the following condition must be satisfied:PR ≥ 75% In order to consider the Yearly Performance Evaluation Test positively passed, the following condition must be satisfied:PR ≥ 75% or PR last established during PGT/Yearly Performance Evaluation, whichever is low.

  • Faculty Senate Bylaws, Constitution, and Operating Code are in Appendix B.To allow adequate time for Faculty Senate responsibilities, the president of the Faculty Senateis allowed up to six hours of reassigned time per semester.

  • The Performance Guarantee Test of 72 hrs.mustbe conducted in this trial run period.

  • It is expressly agreed that the total Know-How Fee shall be due and payable by LICENSEE regardless of whether LICENSEE elects to complete the Agreement by continuing with the Start-Up Services and a Performance Guarantee Test Run per Articles 5 and 6 of the Process Guarantee Agreement.

  • The detailed procedure for Performance Guarantee Test shall be carried out as per procedure laid down in Technical Specifications.


More Definitions of Performance Guarantee Test

Performance Guarantee Test means the tests as prescribed in Technical specification to be done by the Contractor, as guaranteed in the contract document.
Performance Guarantee Test means such tests as are prescribed in the Specification to be done by the CONTRACTOR.

Related to Performance Guarantee Test

  • 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.

  • Guarantee Test(s means the test(s) specified in the Procuring Entity's Requirements to be carried out to ascertain whether the Facilities or a specified part thereof is able to attain the Functional Guarantees specified in the Appendix to the Contract Agreement titled Functional Guarantees, in accordance with the provisions of GCC Sub-Clause25.2 (Guarantee Test) hereof.

  • 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.

  • Performance Guarantee means the security to be provided by the Contractor in accordance with Sub Clause 10.1 for the due performance of the Contract.

  • Performance Guarantees means specific measurement indicators assigned to Contract tasks representing timeliness and quality of task output.

  • Performance Guaranty means the Performance Guaranty, dated as of the Closing Date, entered into by Performance Guarantor in favor of Administrative Agent.

  • Performance Test means all operational checks and tests required to determine the performance parameters including inter-alia capacity, efficiency and operating characteristics of the Stores as specified in the Contract.

  • Performance Guarantor means Parent.

  • Performance Tests means the tests to be conducted on the equipment at site for checking the performance parameters of the equipment as defined in Technical Specification.

  • Collateral Quality Test means a test that is satisfied if, as of any date of determination, in the aggregate, the Collateral Loans owned (or in relation to a proposed acquisition of a Collateral Loan, both owned and proposed to be owned) by the Borrower satisfy each of the tests set forth below, calculated in each case in accordance with Section 1.3:

  • RDDS test Means one query sent to a particular “IP address” of one of the servers of one of the RDDS services. Queries shall be about existing objects in the Registry System and the responses must contain the corresponding information otherwise the query will be considered unanswered. Queries with an RTT 5 times higher than the corresponding SLR will be considered as unanswered. The possible results to an RDDS test are: a number in milliseconds corresponding to the RTT or undefined/unanswered.

  • Collateral Quality Tests means the Collateral Quality Tests set out in the Investment Management Agreement being each of the following:

  • Coverage Test means each of the Class A/B Par Value Test, the Class A/B Interest Coverage Test, the Class C Par Value Test, the Class C Interest Coverage Test, the Class D Par Value Test, the Class D Interest Coverage Test, the Class E Par Value Test and the Class E Interest Coverage Test.

  • performance requirement means a requirement that:

  • Debt Service Requirement means, as of any date of calculation with respect to the Bonds, the sum of (i) all interest due or to become due on such date on all Outstanding Bonds plus (ii) all Principal Installments due or to become due on such date on all Outstanding Bonds or, if no Principal Installment is due and payable on such date on any Outstanding Bonds, one- half of the Principal Installments, if any, due and payable on all Outstanding Bonds on the next succeeding Interest Payment Date.

  • Coverage Tests The Overcollateralization Ratio Test and the Interest Coverage Test, each as applied to each specified Class or Classes of Secured Debt.

  • Confirmation test means a drug or alcohol test on a sample to substantiate the results of a prior drug or alcohol test on the same sample and which uses different chemical principles and is of equal or greater accuracy than the prior drug or alcohol test;

  • COVID-19 test means a viral test for SARS-CoV-2 that is:

  • S&P CDO Monitor Test A test that will be satisfied on any date of determination (following receipt, at any time on or after the S&P CDO Monitor Election Date, by the Issuer and the Collateral Administrator of the Class Break-even Default Rates for each S&P CDO Monitor input file (in accordance with the definition of “Class Break-even Default Rate”)) if, after giving effect to a proposed sale or purchase of an additional Collateral Obligation, the Class Default Differential of the Highest Ranking Class of the Proposed Portfolio is positive. The S&P CDO Monitor Test will be considered to be improved if the Class Default Differential of the Proposed Portfolio that is not positive is greater than the corresponding Class Default Differential of the Current Portfolio.

  • Collateral and Guarantee Requirement means, at any time, the requirement that:

  • CREFC® Bond Level File The data file in the “CREFC® Bond Level File” format substantially in the form of and containing the information called for therein, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Guaranteed Commercial Operation Date has the meaning set forth in Section 3.9(c)(i).

  • Collateral Requirement means the requirement that:

  • Management Guarantees means guarantees (x) of up to an aggregate principal amount outstanding at any time of $25.0 million of borrowings by Management Investors in connection with their purchase of Management Stock or (y) made on behalf of, or in respect of loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary (1) in respect of travel, entertainment and moving-related expenses incurred in the ordinary course of business, or (2) in the ordinary course of business and (in the case of this clause (2)) not exceeding $10.0 million in the aggregate outstanding at any time.

  • 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 Requirements The ordering entity reserves the right to inspect and verify that all deliveries are in accordance with specifications, both at the point of delivery and at the point of use. For orders that specify an “authorized party” to receive and inspect deliveries and/or installations, acceptance and inspection procedures must be performed by the” authorized party” to be considered and accepted by the ordering entity. Products inspected at the time of use are subject to refusal and return requirements for issues of quality such as defects in manufacturing and/or workmanship. Products will not be considered accepted by the ordering entity until the installation is complete for the applicable products.