Performance Tests Sample Clauses

Performance Tests. Contractor shall perform Performance Tests in accordance with Section 11.2 of the Agreement and Attachment S.
Performance Tests. With respect to the Gateway Expansion and the Diablo Project and following the initial borrowing of Construction Loans in connection with such Project, the Administrative Agent and the Independent Engineer shall have the right to witness and verify the Performance Tests. The Borrower shall give the Administrative Agent and the Independent Engineer notice regarding each proposed Performance Test no less than five Business Days prior to any Performance Test. If, upon completion of any Performance Tests, the Loan Parties have decided to use such Performance Tests as the basis for declaring the applicable Substantial Completion for the applicable Project, the Borrower shall so notify the Administrative Agent and the Independent Engineer and shall deliver a copy of all test results supporting the results of such Performance Tests, accompanied by supporting data and calculations (each, a “Performance Test Report”), and the Independent Engineer will, within five Business Days after the receipt of such Performance Test Report, (a) certify in writing to the Administrative Agent, the results of the Performance Tests and confirm that such Performance Tests were performed in accordance with applicable Prudent Industry Practice or (b) deliver a report to the Administrative Agent and the Borrower setting forth in reasonable detail any material objections of the Independent Engineer to such Performance Test Report. If any such objections are made by the Independent Engineer, then the Loan Parties shall be permitted to address such objections to the reasonable satisfaction of the Independent Engineer or conduct additional Performance Tests in accordance with this Section 5.14.
Performance Tests. Seller shall conduct or cause to be conducted the Performance Tests as soon as practicable in accordance with the Specifications, procedures and protocols of Appendix H and the other tests, procedures and protocols to be developed by the Parties. At least nine (9) months prior to the Guaranteed Substantial Completion Date, Seller shall deliver to Buyer a supplement to Appendix H further outlining the tests and procedures to be followed in conducting the Performance Tests criteria. Such supplement shall include, at a minimum, provisions addressing (a) testing procedures for each item of Equipment, (b) functional performance tests for starting up the Plant under different specified operating conditions and (c) any other activities that, in accordance with Prudent Industry Practices, should be included. Thereafter, the Parties shall promptly agree on modifications to such supplement so that Appendix H, as supplemented, is satisfactory to Buyer. Seller shall provide Buyer with notice when the Plant is ready for Performance Testing.
Performance Tests. Each Seller shall perform the Performance Tests for each Purchased System that was purchased by Purchaser from such Seller under this Agreement. Such Seller’s technical personnel (or, when applicable, the installer or manufacturer’s personnel, with such Seller’s supervision) shall operate the PV Systems during the Performance Tests. If a PV System fails to pass the Performance Tests, then such Seller shall take corrective actions and repeat the Performance Tests until such PV System successfully completes the Performance Tests or the Completion Deadline, whichever occurs first.
Performance Tests. Owner, with the advice of, and in conjunction with Vendor, or Vendor, with the advice of, and in conjunction with Owner, as set forth below, shall conduct the following performance tests in accordance with Exhibit C – Performance Tests and Procedures (the “Performance Tests”):
Performance Tests. GEC is responsible for conducting the Performance Tests, as part of the Work and such tests may be witnessed by Owner, regulators or their designated representatives. The notices, required procedures to be followed and the method of evaluation of the results of such Performance Tests shall be as provided in Exhibit D-3, and include notices to Ohio EPA and OPSB for access and to witness testing.
Performance Tests. 3.1 If relevant, performance test(s) shall be performed and included in Flowtec delivery. This test shall satisfy the requirements specified in this Agreement.
Performance Tests. 3.1 If relevant, performance test(s) shall be performed and included in Supplier’s delivery. This test shall in particular satisfy the requirements specified in this Agreement. This test shall in general also verify the compliance of the Supply with rules and regulations and its fitness to perform the intended tasks. Supplier shall keep the necessary spare parts for his Supply in order to avoid delays of the delivery due to occurrences during the performance test.
Performance Tests. Delinquency Ratio {26} Receivables and Purchased Receivables with Scheduled Payment delinquent more than 60 days ({23} + {24}) {26} {27} Beginning of Period Aggregate Principal Balance {27} {28} Delinquency Ratio {26} divided by {27} {28} {29} Previous Monthly Period Delinquency Ratio hc—> {29} {30} Second previous Monthly Period Delinquency Ratio hc—> {30} {32} Compliance (Delinquency Test Failure is a Delinquency Ratio greater than % ) {32} Cumulative Default Rate {33} Defaulted Receivables in Current Period {33} {34} Cumulative Defaulted Receivables from last month hc—> {34} {35} Cumulative Defaulted Receivables {33} + {34} {35} {36} Original Pool Balance {36} {37} Cumulative Default Rate {35} divided by {36} {37} {38} Compliance (Default Test Failure is a Cumulative Default Rate greater than %.) {38} Cumulative Net Loss Rate {39} Receivables becoming Liquidated Receivables during period {39} {40} Purchased Receivables with Scheduled Payment delinquent more than 30 days at end of period {40} {41} Liquidation Proceeds collected during period {41} {42} Net Losses during period {39} + {40} + {41} {42} {43} Net Losses since Initial Cut-off Date (Beginning of Period) {43} {44} Cumulative Net Loss Rate before 50% of 90 Day Delinquencies ({42} + {43}) / {46} {44} {45} 50% of Receivables with Scheduled Payment delinquent more than 90 days at end of period {45} {46} Original Pool Balance {46} {48} Compliance (Net Loss Test Failure is a Net Loss Rate greater than %.) {48} Extension Rate {49} Principal Balance of Receivables extended during current period {49} {50} Beginning of Period Aggregate Principal Balance {50} {51} Extension Rate {49} divided by {50} {51} {52} Previous Monthly Extension Rate {52} {53} Second previous Monthly Extension Rate {53} {54} Average Extension Rate ({51} +{52} +{53}) / 3 {54} {55} Compliance (Extension Test Failure is an Extension Rate greater than %.) {55} By: Name: Title: Date: EXHIBIT B PRELIMINARY SERVICER’S CERTIFICATE AmeriCredit Automobile Receivables Trust 2010-B Class A-1 0.37690% Asset Backed Notes Class A-2 1.18% Asset Backed Notes Class A-3 2.49% Asset Backed Notes Preliminary Servicer’s Certificate This Servicer’s Certificate has been prepared pursuant to Section 4.9 of the Sale and Servicing Agreement among AmeriCredit Automobile Receivables Trust 2010-B, as Issuer, AmeriCredit Financial Services, Inc., as Servicer, AFS SenSub Corp., as Seller, and Xxxxx Fargo Bank, N.A., as Trust Collateral Agent and Backup Servicer, d...