Performance Security Expiry Date definition

Performance Security Expiry Date has the meaning given in Article 5.2. "Permitted Events" means:
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Performance Security Expiry Date has the meaning set out in Section 7.2.2.
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Performance Security Expiry Date shall have the same meaning as ascribed thereto in Article 9.3.
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Examples of Performance Security Expiry Date in a sentence

  • Seidman, Law and Economic Development in Independent, English- Speaking, Sub-Saharan Africa, 1966 WIS.

  • Twenty-eight (28) days prior to each Performance Security Expiry Date, the Operator shall extend the validity of each Performance Security for a further period of twelve (12) months or replace the Performance Security with a new Performance Security valid for a period of twelve (12) months, effective in each case upon expiry of the last Performance Security.

  • In the event the Construction Performance Security expires prior to the Construction Performance Security Expiry Date, the Concessionaire shall extend the validity of the Construction Performance Security, at least [fifteen (15)] business days prior to its expiry, so as to keep it valid and enforceable until the Construction Performance Security Expiry Date.

  • In the event an O&M Performance Security expires prior to the O&M Performance Security Expiry Date, the Concessionaire shall extend the validity of the O&M Performance Security, at least [fifteen (15) business days] prior to its expiry, so as to keep it valid and enforceable until the O&M Performance Security Expiry Date.

  • In the event the Performance Security expires prior to the Performance Security Expiry Date, the Manager shall extend the validity of the Performance Security, at least fifteen (15) business days prior to its expiry, so as to keep it valid and enforceable until the Performance Security Expiry Date.

  • In the event an O&M Performance Security expires prior to the O&M Performance Security Expiry Date, the Concessionaire shall extend the validity of the O&M Performance Security, at least fifteen (15) business days prior to its expiry, so as to keep it valid and enforceable until the O&M Performance Security Expiry Date.

  • Bidders are required to quote maintenance cost, as part of the MRG Amount, for the period starting from Construction Performance Security Expiry Date (i.e. starting from and including 3rd Operational Year) till the Debt Repayment Date.

  • In the event the Construction Performance Security expires prior to the Construction Performance Security Expiry Date, the Concessionaire shall extend the validity of the Construction Performance Security, at least [fifteen (15) business days] prior to its expiry, so as to keep it valid and enforceable until the Construction Performance Security Expiry Date.

  • The C&O Performance Security shall be returned to the Company on the C&O Performance Security Expiry Date provided that no claim for payment is outstanding on such date, in which case it will be returned on satisfaction of such claim.

  • The O&M Performance Security shall be returned to the Company on the O&M Performance Security Expiry Date provided that no claim for payment is outstanding on such date, in which case it will be returned on satisfaction of such claim.

Related to Performance Security Expiry Date

  • Performance Security means monetary guarantee to be furnished by the successful Tenderer for due performance of the contract placed on it. Performance Security is also known as Security Deposit or Performance Bank Guarantee.

  • Additional Performance Security shall have the meaning set forth in Clause 7.1;

  • Stated Expiry Date is defined in Section 2.6.

  • Expiry Date means:…………………………………………………………………………………………………..

  • Performance Bank Guarantee means the irrevocable unconditional bank guarantee to be submitted by the successful bidder as per the RfS.

  • Expiry Date (Data di Scadenza) means the Expiry Date as specified in § 1 of the Product and Underlying Data.

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

  • Performance Date means December 31, 2025. If the Locality, in consultation with VEDP, deems that good faith and reasonable efforts have been made and are being made by the Company to achieve the Targets, on or before the Performance Date the Locality may request an extension of the Performance Date by up to 15 months. Any extension of the Performance Date shall require the prior approval of the Company and the Board of Directors of VEDP (the “Board”). If the Performance Date is extended, the Locality shall send written notice of the extension to the Authority, the Company and VEDP and the date to which the Performance Date has been extended shall be the “Performance Date” for the purposes of this Agreement.

  • Performance Condition means any performance condition imposed under rule 3;

  • Performance Share means an Award denominated in Shares which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine pursuant to Section 10.

  • Performance Unit means an Award which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine and which may be settled for cash, Shares or other securities or a combination of the foregoing pursuant to Section 10.

  • Letter of Credit Expiration Date means the day that is seven days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Performance Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.

  • Performance Period means the one or more periods of time, which may be of varying and overlapping durations, as the Committee may select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s right to, and the payment of, a Performance-Based Award.

  • Building level or district level leader means an individual employed by the District whose job assignment is that of a building level or district level administrator or an equivalent role, including an administrator licensed by the State Board of Education, an unlicensed administrator, or an individual on an Administrator Licensure Completion Plan. Building level or district level leader does not include the superintendent, deputy superintendents, associate superintendents, and assistant superintendents.

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

  • Conditional Award means a conditional right to acquire Shares granted under the Plan;