Performance Liquidated Damages means any liquidated damages resulting from the Project’s performance which are required to be paid by the EPC Contractor or any other Material Project Party for or on account of any diminution to the performance of the Project.
Performance Liquidated Damages has the meaning set forth in Attachment T.
Performance Liquidated Damages shall have the meaning set forth in Section 10.2(b).
Examples of Performance Liquidated Damages in a sentence
Subject to paragraphs (c) and (e) below, the Borrower shall apply all Performance Liquidated Damages received by it in prepayment of the Loans on the first Interest Payment Date falling at least [three] Business Days after the date of receipt of any such amount to the extent required to restore the Ratios for each Calculation Date up to the Final Maturity Date to at least [●]/[the levels required at Financial Close].
More Definitions of Performance Liquidated Damages
Performance Liquidated Damages means the amount of (i) the aggregate of all sums received by the Borrower under Article III and Article VII, Clause 8 of the Shipbuilding Contract and under the Xxxxx Performance Guarantee, in excess of (ii) the aggregate of all sums paid or payable by the Borrower to the Charterer under Clause 6 and Clause 7 of the Charter;
Performance Liquidated Damages means the damages referred to in Article 13.2;
Performance Liquidated Damages has the meaning set forth in Section 3.5 hereof. “Permit” means all state, federal and local authorizations, certificates, permits, licenses, certifications, designations, variances, qualifications, accreditations, registrations, and approvals issued, granted, given, or required by any Government Agency for the construction, operation and maintenance of the Facility.
Performance Liquidated Damages means those credits issued to Buyer under Section 4.2(d) of this Supplement or those rights available to Buyer under Sections 4.2(e), 4.3(b) or 4.4 of this Supplement.
Performance Liquidated Damages means the liquidated damages associated with the failure to achieve one or more of the Performance Guarantees as specified in Attachment T.
Performance Liquidated Damages has the meaning given in Schedule A of the CSAA.
Performance Liquidated Damages has the meaning set forth in Attachment 20.