Performance Commitments Sample Clauses
A Performance Commitments clause sets out specific obligations or standards that a party must meet during the course of a contract. Typically, this clause details measurable targets, deadlines, or quality benchmarks that the performing party is required to achieve, such as delivering a product by a certain date or maintaining a specified service level. Its core practical function is to ensure accountability and provide a clear basis for evaluating whether contractual expectations are being met, thereby reducing ambiguity and potential disputes over performance.
Performance Commitments. Owner shall comply with the Performance Commitments contained in Schedule P hereto.
Performance Commitments. For all infrastructure and improvements required to be provided by Developer under this Agreement, Developer shall provide to the City a financial guarantee of performance, such as a performance bond or letter of credit, subject to review and approval as to form by the City, sufficient to secure and ensure completion of such improvements. This financial guarantee will be in accordance with the requirements of City Code Section 3-2-5(C).
Performance Commitments. 4.1 Performance Commitments. Payment by Google to Partner of the Partner Capability Fund is conditional upon each Partner Entity meeting the Performance Commitments during the Program Period.
Performance Commitments. 20.1 For unscheduled events only: P&WC shall, prior to the receipt of Goods at P&WC’S facility, determine with the Operator the turnaround time requirements for such Goods on a case-by-case basis.
20.1.1 Turnaround times shall be calculated from date of induction of Goods or receipt of the Operator’s Purchase Order or Purchase Order Supplement, whichever is later, until delivery of the Goods FCA (Incoterms 2000) to the Operator’s carrier at P&WC’s facility.
20.1.2 The target [*] shall be as follows: • Engine / Module overhaul [*] • H.S.I. with test at P&WC [*] • Basic unscheduled engine removal [*] The disclosure of this document is subject to the restrictions of Article 14 contained herein 2▇ ▇▇▇▇-▇▇▇ TCP® Agreement # 06-2454 Dated: March 1, 2007
20.1.3 Turnaround times shall exclude delays attributable to the Operator, such as, without limitation, awaiting the Operator’s Purchase Order, Purchase Order Supplement or workscope instructions.
20.2 For scheduled events only: P&WC undertakes, for the benefit of the Operator, to make an engine available seven (7) days prior to installation for any scheduled engine removal during the term of this Agreement (the “Support Engine”), provided the Operator is not in material default under this Agreement at such time. If such Support Engine is one of P&WCL’s rental engines, the Operator shall be required to execute P&WCL’s standard rental engine agreement and, in such event, the rental engine shall be made available to the Operator at the then applicable TCP® Hourly Rate.
Performance Commitments. 4.1 The parties agree that if the brokerage fee (and service fee) of Zhonglian’s business (including the business carried out in the form of joint brokerage, the business whose premiums have been incurred but the brokerage fee has not yet been settled, and the income from the consolidated financial statements) that are actually incorporated into the Zhibao Group within one year after the delivery date deviate from the Performance Target by more than 30% (i.e., if the brokerage fee (and service fee) incurred by the business of Zhonglian, which is actually incorporated into Zhibao Group within one year after the delivery date, is less than RMB140 million, the transferee has the right to decide to adjust the purchase price in the following ways, and the Transferor shall compensate the transferee in cash, and the cash compensation calculation formula is: Cash compensation = acquisition money of RMB25.5 million × (RMB140 million - brokerage fee (and service fee) generated by the business of Zhonglian, which was actually merged into Zhibao Group within 1 year after the delivery date/ RMB140 million.
4.2 The maximum amount of cash compensation stipulated in clause 4.1 of this Agreement is RMB1 million.
Performance Commitments. The Company has no forward obligations under consulting or other service agreements or contracts with independent agents except those made at arms' length in the ordinary course of business and, except those in excess of $5,000 to any one customer which are identified in Schedule 3.17(d).
Performance Commitments. All Original Shareholders unanimously promise that during the future 3 performance commitment periods, the business performance of the Target Company will be not lower than the business objectives set out in the following table (the performance commitment period shall commence from the next month after the Investor made the full capital contribution of RMB 50,000,000, and a year consists of 12 calendar months); Performance Commitment Period Business Objectives
Performance Commitments. In return for the Incentive Grants set forth in Section 3 of this Agreement, ▇▇. ▇▇▇▇▇ shall meet the following performance commitments (“Performance Commitments”):
(a) ▇▇. ▇▇▇▇▇ will make a Capital Investment of not less than at the Grocery Store, and construct and renovate, equip and operate the Grocery Store in the County, and will be Operational and Open for Business all as of the Performance Date.
(b) The County and the Authority hereby strongly encourage ▇▇. ▇▇▇▇▇ to ensure that 70% of the new jobs are offered to residents of the County.
Performance Commitments. A. Availability Licensor will use commercially reasonable e orts to make the Hosted Service available to Licensee with an Uptime Percentage of at least 99.95% during the Service Month.
Performance Commitments. For all infrastructure and improvements required to be provided by Developer under this Agreement, Developer shall provide to the City a financial guarantee of performance, such as a performance bond or letter of credit, subject to review and approval as to form by the City Attorney and City Council, sufficient to secure and ensure completion of such improvements. This financial guarantee will be in accordance with the requirements of City Code Section 3-2-5(C). Deleted: The Developer shall obtain approval from the City for the Initial Phase final plat within two (2) years of the date of City’s final approval of the Project Applications. Developer will apply for approval for final plats for subsequent phases of the subdivision in successive one-year intervals; provided that Developer my request extensions thereof as permitted by the Cascade City Code.