Performance Obligation means any obligation of a party arising under this Agreement, other than a Financial Obligation.
Performance Obligation has the meaning set forth in Section 4.03.
Performance Obligation has the meaning specified in Section 4.03.
Examples of Performance Obligation in a sentence
The Parties agree that for Standard Performance Obligation, Seller shall not be obligated to provide Notice to Buyer of any reason excusing its performance; provided, however, Seller shall provide Buyer with prompt oral or electronic notice of the event excusing performance.
The Onshore Facility Agreement also contains the Specific Performance Obligation.
Contract: the contract between Ctrack and the Customer for the hire of Equipment and/ or the supply of Services as a Single Performance Obligation in accordance with these conditions.
Seller will obtain confirmation by the FTA that Seller has 12 contracted with a supplier to deliver a like quantity of gas at the Delivery Point(s) identified on the 13 Transaction Confirmation, under the same Performance Obligation (firm or interruptible) and at a price no 14 greater than the price set out on the Transaction Confirmation between Buyer and Seller.
Performance Obligation have been revised as follows: The required security arrangements are specified in Exhibit “E”.
More Definitions of Performance Obligation
Performance Obligation means the standard of performance of the Seller to deliver or exchange and of the Buyer to receive or exchange the Product as specified in a Confirmation under the following performance options: (a) Firm; or (b) Standard, and within those options, the delivery obligations of (i) Wet; (ii) Any; (iii) Ratable; or (iv) other. If no performance option or delivery obligation is selected by the parties on the Confirmation, then Firm and Any are the defaults, respectively.
Performance Obligation has the meaning specified in Section 5.03.
Performance Obligation has the meaning set forth in Section 2.07(c) hereof.
Performance Obligation means any term, obligation or condition binding upon the Company under the Securities or under the Indenture with respect to the Securities other than any obligation to pay principal of, or interest on, any Securities or any obligation to pay Additional Amounts in respect thereof (whether upon redemption, the occurrence of a Liquidation Event or otherwise).
Performance Obligation means any obligation of a party arising under this Agreement, other than a Financial Obligation. User agent for Joint Venturers The User enters into this Agreement as agent for and on behalf of the Joint Venturers, and the User warrants that it is duly authorised to do so. The User will not be personally liable under this Agreement in its capacity as agent for the Joint Venturers. OR [Joint Venturers comprise a single party The Joint Venturers comprising the User will be a single party to this Agreement, but their respective rights against and liabilities to DBCT Management and DBCT Guarantor will be determined in accordance with this clause 28.] Financial Obligations of Joint Venturers are several Subject to clauses 28.4 and 28.5 (and any other provision of this Agreement which may expressly provide otherwise), the liability of each Joint Venturer in respect of each Financial Obligation of the User is several, and each Joint Venturer will only be liable for an amount owing by the User equivalent to its Joint Venture Percentage of that amount. Rights and Performance Obligations of Joint Venturers are joint Each right of the User under this Agreement can only be exercised by the User or by [delete highlighted words where the Joint Venturers are all signatories in their own right] the Joint Venturers jointly. Each Joint Venturer will be jointly liable in respect of each Performance Obligation of the User (other than any Performance Obligation expressed to be imposed on an individual Joint Venturer). Individual Joint Venturer default If: a Joint Venturer defaults in respect of the performance of a Financial Obligation of the User; the other Joint Venturers are not in default in respect of that Financial Obligation; and [where there is a single User, as agent for the Joint Venturers] the User gives a notice to DBCT Management, copied to the defaulting Joint Venturer, identifying the defaulting Joint Venturer and its default, OR [where the Joint Venturers are all signatories in their own right ] the other Joint Venturers give a notice to DBCT Management, copied to the defaulting Joint Venturer, identifying the defaulting Joint Venturer and its default, then that defaulting Joint Venturer (unless it disputes the default in writing to DBCT Management within 7 days of receiving a copy of the notice) will be solely liable, to the extent of the default, in the performance of that Financial Obligation. Any notice given pursuant to clause 28.5(a)(iii) and not disputed...
Performance Obligation means (i) performance or warranty obligations under (or in connection with a contract bid for) supply, service, construction or other contracts, including, without limitation, bid and performance bonds or guaranties relating to the foregoing obligations and contracts or (ii) letters of credit or bank guarantees that support the obligations referred to in clause (i) or provide credit support for the obligations of a Person in connection with advance payments made to such Person.
Performance Obligation means an obligation to perform under a contract. By way of example and not by way of limitation, the term “Performance Obligation” excludes non-contractual duties, such as duties in tort.