Performance Insurance definition

Performance Insurance means a policy of insurance covering Company’s non-payment of amounts due to Customer pursuant to a LTSA in connection with a refund, repurchase, or similar consideration for passage of title and possession to the applicable Products to Company.
Sample 1Sample 2Sample 3
Performance Insurance means Performance Insurance Company Limited, a Bermuda corporation.
Sample 1
Performance Insurance means a policy of insurance covering Company’s non- payment of amounts due to Customer pursuant to a LTSA in connection with a refund, repurchase, or similar consideration for passage of title and possession to the applicable Products to Company. “Permitted Subcontractor” means a subcontractor set forth on Exhibit B, or otherwise approved by Company in writing, not to be unreasonable withheld, delayed, or denied; provided, however, that in no event shall a competitor or potential competitor to Company be a Permitted Subcontractor”. “Pre-Commissioning Completion Warranty” shall have the meaning given to it in Section 4(b)(i) hereof. “Pre-Commissioning Completion Warranty Period” shall have the meaning given to it in Section 4(b)(i) hereof. “Product” means any of the Bloom Energy Server and Company-Required Ancillary Equipment and any Software, Documentation or Updates provided pursuant to this Agreement. “Product Price” shall have the meaning given to it in Section 6(a)(i) hereof. “Prohibited Activities” shall have the meaning set forth in Section 9(c) hereof. [***] Confidential Treatment Requested 4
Sample 1

Examples of Performance Insurance in a sentence

  • Standard of Performance, Insurance and IndemnityAll services to be performed by Contractor hereunder shall be performed in a skilled, professional and non-negligent manner.

  • The factors referred to are Exploration Risk, Land Access, Tenements, Sovereign and Political Risk, Development Risk, Future Capital Needs, Environmental Risk, Market Volatility, Commodity Prices and Exchange Rate Risk, Financial Performance, Insurance Arrangements, Grant of ELA 1445, Talelumas, Availability of Resources, Reliance on Key Personnel and Competition Risk.

  • Millwork/trim/transition/quarter round/wood base for completion of hardwood installation Moisture Remediation/Abatement Moving of computers, telephony, equipment, or personal items Pattern match labor or custom pattern labor, unless otherwise noted Payment and Performance Insurance Bonds Phasing Labor Protection of Floors Reclamation Government Imposed Fees are Excluded wherever applicable.

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  • While it is unnecessary to review an exhaustive list, this agreement maintains the I&M Major Storm Damage Reserve, accepts the Company’s proposal to wind down the LCM Rider in an efficient manner, and includes the PJM Capacity Performance Insurance expense in the cost of service.57 This provision also accepts I&M request for authority to accelerate recovery of noncurrent SO2 allowances.58 The Commission finds Section I.C of the Settlement Agreement to be reasonable.

  • Guaranteed Performance Insurance: The Ins and Outs of Uptime Service Contracts.” Biomedical Instru- mentation & Technology, January/February 2009.

  • Provision of Exporter Performance Insurance for Exporting Enterprises allowing them to obtain insurance policies from financial institutions and/or insurance companies approved by the Association, through the provision of security or guarantees to financial institutions and insurance companies acceptable to the Association that issue Contract Bonds and/or insurance policies in support of exports of goods and services by Exporting Enterprises.

  • On the Commencement Date3.1 Authorized person: Deputy Director (Maint) Unit 3.2 Name and address of Engineer’s/Employer’s representative: General Manager (Khyber Pakhtunkhwa)4.4 Performance Security:10% Performance Bank Guarantee or 10% Performance Insurance Bond of the contract price.

  • Pursuant to §25 of the Town Law and §11 (2) of the Public Officers Law a Motion is In Order to Approve Dishonesty/Faithful Performance Insurance Coverage for All Officers and Employees for the Year 2016.

  • We distinguish between two major FPC design characteristics:Flexibility Performance Insurance Contract (FPIC)A risk event occurs for the flexibility provider if the annually realized electricity bill savings fall below a predefined level.

Related to Performance Insurance

  • Franchise insurance means an individual insurance policy provided through a

  • ' Compensation Insurance With respect to all operations performed, the Party shall carry workers’ compensation insurance in accordance with the laws of the State of Vermont. Vermont will accept an out-of-state employer's workers’ compensation coverage while operating in Vermont provided that the insurance carrier is licensed to write insurance in Vermont and an amendatory endorsement is added to the policy adding Vermont for coverage purposes. Otherwise, the party shall secure a Vermont workers’ compensation policy, if necessary to comply with Vermont law.

  • Recoverable Incentive Compensation means Incentive Compensation received by a Covered Officer during the Lookback Period that exceeds the amount of Incentive Compensation that would have been received had such amount been determined based on the Accounting Restatement, computed without regard to any taxes paid (i.e., on a gross basis without regard to tax withholdings and other deductions). For any compensation plans or programs that take into account Incentive Compensation, the amount of Recoverable Incentive Compensation for purposes of this Policy shall include, without limitation, the amount contributed to any notional account based on Recoverable Incentive Compensation and any earnings to date on that notional amount. For any Incentive Compensation that is based on stock price or TSR, where the Recoverable Incentive Compensation is not subject to mathematical recalculation directly from the information in an Accounting Restatement, the Administrator will determine the amount of Recoverable Incentive Compensation based on a reasonable estimate of the effect of the Accounting Restatement on the stock price or TSR upon which the Incentive Compensation was received. The Company shall maintain documentation of the determination of that reasonable estimate and provide such documentation to the Exchange in accordance with the Listing Standards.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Performance Indicator means a measure of HSP performance for which a Performance Target is set; technical specifications of specific Performance Indicators can be found in the MSAA Indicator Technical Specifications document;

  • Insurance score means a number or rating that is derived from an algorithm, computer application, model, or other process that is based in whole or in part on credit information for the purposes of predicting the future insurance loss exposure of a consumer.

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.

  • Reimbursement insurance policy means a policy of insurance

  • group insurance means blanket insurance and franchise insurance and any other forms of group insurance.

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to:

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.

  • Performance Indicators means the indicators for Project monitoring and evaluation set forth in the Operational Manual.

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • Performance Report has the meaning set out in clause 8.2;

  • Performance Letter of Credit means any standby Letter of Credit which represents an irrevocable obligation to the beneficiary on the part of the Issuing Bank to make payment on account of any default by the account party in the performance of a nonfinancial or commercial obligation.

  • Performance Assurance means collateral in the form of cash or letters of credit, or other security acceptable to the requesting Party.

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • Performance Corridor means the acceptable range of results around a Performance Target;

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Performance Review means a summative evaluation of a teacher other than a beginning teacher and used to determine whether the teacher’s practice meets school district expectations and the Iowa teaching standards, and to determine whether the teacher’s practice meets school district expectations for career advancement in accordance with Iowa Code section 284.7.

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • variable insurance contract means a contract of life insurance under which the interest of the purchaser is valued for purposes of conversion or surrender by reference to the value of a proportionate interest in a specified portfolio of assets.

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of all distributions per Unit of that Class during the Performance Bonus Term exceeds $25.00.

  • Performance Bond means the financial security for performance a USF Service Provider must furnish in accordance with section 54 of this RFA;