Performance Guarantees definition

Performance Guarantees means specific measurement indicators assigned to Contract tasks representing timeliness and quality of task output.
Performance Guarantees shall have the meaning set forth in Section 8.1 hereof.
Performance Guarantees means, in respect of the Company or any of the Restricted Subsidiaries, contingent obligations arising from the issuance of performance guarantees, assurances, indemnities, bonds, letters of credit, or similar agreements in the ordinary course of business in respect of the contracts (other than contracts for Indebtedness for Borrowed Money) of the Company, any Restricted Subsidiary, any Person in which the Company or a Restricted Subsidiary has an equity interest.

Examples of Performance Guarantees in a sentence

  • A Change Order shall be issued by the Owner/Project Manager in accordance with this clause, when either Owner/Project Manager or Contractor proposes to make any change in the Scope, Services, the Contract Price, the Performance Guarantees and/or the Schedule.


More Definitions of Performance Guarantees

Performance Guarantees means all of the guarantee amounts set forth in Article 10 of this Contract as tested and measured in accordance with Attachment 7.
Performance Guarantees means all guarantees of the Company, the Parent, or any other Member of the Consolidated Group delivered in connection with the construction financing of Drillship or Drilling Rig for which firm drilling contracts have been obtained by the Company, the Parent or any other Member of the Consolidated Group.
Performance Guarantees means the performance guarantees specified in Attachment T.
Performance Guarantees means the Pre-Redelivery Guarantee and the Post Redelivery Guarantee;
Performance Guarantees means the guarantee that the Facility shall be operated satisfying the minimum performance parameters set out in Schedule.
Performance Guarantees also “Guaranteed Performance” shall mean the guarantees set forth in Exhibit D-1.
Performance Guarantees has the meaning set forth in Section 5.4 of the AGTA.