Common use of References to Performance Security Clause in Contracts

References to Performance Security. References to Performance Security occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire to the Authority, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages payable by the Concessionaire, and the amount so determined shall be appropriated from the Bid Security or Deemed Performance Security, as the case may be.

Appears in 16 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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References to Performance Security. References to the Performance Security occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire to the Authority, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages payable by the ConcessionaireConcessionaire and/or any amounts due and payable by the Concessionaire to the Authority under and in accordance with the provisions of this Agreement, and the amount so determined shall be appropriated from the Bid Security or Deemed Performance Security, as the case may be.

Appears in 16 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

References to Performance Security. References to Performance Security occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire Supplier to the AuthorityUtility, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages payable by the ConcessionaireSupplier, and the amount so determined shall be appropriated from the Bid Security or Deemed Performance Security, as the case may be.

Appears in 6 contracts

Samples: Default Escrow Agreement, www.upcl.org, Model Agreement

References to Performance Security. References to Performance Security occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire to the Authority, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages payable by the Concessionaire, and the amount so determined shall be appropriated from the Bid Security or Deemed Performance Security, as the case may be.

Appears in 6 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

References to Performance Security. References to Performance Security occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire Supplier to the AuthorityAggregator , or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages payable by the ConcessionaireSupplier, and the amount so determined shall be appropriated from the Bid Security or Deemed Performance Security, as the case may be.

Appears in 4 contracts

Samples: Draft Agreement, Draft Agreement, Draft Pilot Agreement

References to Performance Security. References to Performance Security occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire to the Authority, or in respect of any period subsequent to the expiry or release thereof, as the case may bemay, be shall be construed solely for the purposes of calculating the amount of Damages payable by the Concessionaire, and the amount so determined shall be appropriated from the Bid Security or Deemed Performance Security, as the case may be.

Appears in 4 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

References to Performance Security. References to Performance Security occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire Aggregator to the AuthorityUtility , or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages payable by the ConcessionaireAggregator, and the amount so determined shall be appropriated from the Bid Security or Deemed Performance Security, as the case may be.

Appears in 4 contracts

Samples: Power Supply Agreement, Power Supply Agreement, Pilot Power Supply Agreement

References to Performance Security. References to Performance Security Security, occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire to the Authority, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages payable by the Concessionaire, and the amount so determined shall be appropriated from the Bid Security or Deemed Performance Security, as the case may be.

Appears in 3 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

References to Performance Security. References to Performance Security occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire Implementation Agency to the Authority, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be £ 5% of the estimated Total Project Cost set forth in the Detailed Project Report construed solely for the purposes of calculating the amount of Damages payable by the ConcessionaireImplementation Agency, and the amount so determined shall be appropriated from the Bid Security or Deemed Performance Security, as the case may be.

Appears in 3 contracts

Samples: Escrow Agreement, Escrow Agreement, Escrow Agreement

References to Performance Security. References to Performance Security occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire Operator to the Authority, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages payable by the ConcessionaireOperator, and the amount so determined shall be appropriated from the Bid Security or Deemed Performance Security, as the case may be.

Appears in 2 contracts

Samples: Maintenace Agreement, Maintenace Agreement

References to Performance Security. References to Performance Security occurring in this Agreement for and in respect of any period prior to priorto the delivery of the Performance Security by the Concessionaire to the Concessioning Authority, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely construedsolely for the purposes thepurposes of calculating the amount of Damages damages payable by the Concessionaire, ,and the amount so determined shall be appropriated from the Bid Security or Deemed Performance Security, as the case may be.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

References to Performance Security. References to Performance Security occurring in this Agreement Contract for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire Contractor to the Authority, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages damages payable by the ConcessionaireContractor, and the amount so determined shall be appropriated from the Bid Security or Deemed Performance Security, as the case may be.

Appears in 2 contracts

Samples: Maintain and Manage Contract Agreement, Maintain and Manage Contract Agreement

References to Performance Security. References to Performance Security occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire to the Concessioning Authority, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages damages payable by the Concessionaire, and the amount so determined shall be appropriated from the Bid Security or Deemed Performance Security, as the case may be.

Appears in 2 contracts

Samples: Model Concession Agreement, Concession Agreement

References to Performance Security. References to the Performance Security occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire Service Provider to the Authority, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages payable by the ConcessionaireService Provider, and the amount so determined shall be appropriated from by the Bid Security and / or Deemed the Performance Security, as the case may be.

Appears in 2 contracts

Samples: Service Agreement, Service Agreement

References to Performance Security. References to Performance Security occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire to the For official use only Authority, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages payable by the Concessionaire, and the amount so determined shall be appropriated from the Bid Security or Deemed Performance Security, as the case may be.

Appears in 1 contract

Samples: fci.gov.in

References to Performance Security. References to Performance Security occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire Aggregator to the AuthorityUtility, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages payable by the ConcessionaireAggregator, and the amount so determined shall be appropriated from the Bid Security or Deemed Performance Security, as the case may be.

Appears in 1 contract

Samples: Power Supply Agreement

References to Performance Security. References to Performance Security occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire to the AuthorityNMMC, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages payable by the Concessionaire, and the amount so determined shall be appropriated from the Bid Performance Security or Deemed Operational Performance Security, as the case may be.

Appears in 1 contract

Samples: Power Procurement Agreement

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References to Performance Security. References to Performance Security occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire Technology Partner to the AuthorityGovernment, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages payable by the ConcessionaireTechnology Partner, and the amount so determined shall be appropriated from the Bid Security, Performance Security or Deemed Performance Maintenance Security, as the case may be.

Appears in 1 contract

Samples: Maintenance Agreement

References to Performance Security. References to Performance Security occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire Supplier to the AuthorityAggregator, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages payable by the ConcessionaireSupplier, and the amount so determined shall be appropriated from the Bid Security or Deemed Performance Security, as the case may be.

Appears in 1 contract

Samples: Draft Agreement

References to Performance Security. References to Performance Security occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire to the AuthorityMoR, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages payable by the Concessionaire, and the amount so determined shall be appropriated from the Bid Security or Deemed Performance Security, as the case may be.. Deleted:

Appears in 1 contract

Samples: Model Agreement

References to Performance Security. References to Performance Security or Performance Security-Utility occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire one party to the Authorityother, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages payable by the Concessionaire, and parties. Provided that in case of Damages payable by the amount so Suppliers determined shall be appropriated from the Bid Security or Deemed prior to the submission of the Performance Security, as the case may be.

Appears in 1 contract

Samples: Default Escrow Agreement

References to Performance Security. 8.3.1 References to Performance Security occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire Agency to the AuthorityCGM, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages payable by the Concessionaire, and the amount so determined shall be appropriated from the Bid Security or Deemed Performance Security, as the case may beAgency.

Appears in 1 contract

Samples: cgm.gujarat.gov.in

References to Performance Security. References to Performance Security occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire to the Authority, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages payable by the Concessionaire, and the amount so determined shall be appropriated from the Bid Security or Deemed Performance Security, as the case may be.

Appears in 1 contract

Samples: Concession Agreement

References to Performance Security. References to Performance Security occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire Contractor to the Authority, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages payable by the ConcessionaireContractor, and the amount so determined shall be appropriated from the Bid Security or Deemed Performance Security, as the case may be.

Appears in 1 contract

Samples: Contract Agreement

References to Performance Security. References to Performance Security occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire to the AuthorityMCGM, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages payable by the Concessionaire, and the amount so determined shall be appropriated from the Bid Performance Security or Deemed Operational Performance Security, as the case may be.

Appears in 1 contract

Samples: Draft Power Procurement Agreement

References to Performance Security. Deleted: References to Performance Security occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire to the AuthorityMoR, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages payable by the Concessionaire, and the amount so determined shall be appropriated from the Bid Security or Deemed Performance Security, as the case may be.

Appears in 1 contract

Samples: Model Agreement

References to Performance Security. References to Performance Security occurring in this Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire to the AuthorityMoR, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages payable by the Concessionaire, and the amount so determined shall be appropriated from the Bid Security or Deemed Performance Security, as the case may be.

Appears in 1 contract

Samples: Model Agreement

References to Performance Security. References to Performance Security occurring in this Concession Agreement for and in respect of any period prior to the delivery of the Performance Security by the Concessionaire to the Authority, or in respect of any period subsequent to the expiry or release thereof, as the case may be, shall be construed solely for the purposes of calculating the amount of Damages payable by the Concessionaire, and the amount so determined shall be appropriated from the Bid Security or Deemed Performance Security, as the case may be.

Appears in 1 contract

Samples: Concession Agreement

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