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{"key": "insert-name", "type": "clause", "offset": [2224, 2235]}, {"key": "where-seller", "type": "clause", "offset": [2245, 2257]}, {"key": "power-station", "type": "definition", "offset": [2262, 2275]}, {"key": "control-of", "type": "definition", "offset": [2407, 2417]}, {"key": "judicial-body", "type": "definition", "offset": [2611, 2624]}, {"key": "but-excluding", "type": "clause", "offset": [2634, 2647]}], "snippet": "means the irrevocable unconditional bank guarantee, submitted or to be submitted by the Seller to the Procurer in the form attached hereto as Annexure 1, in accordance with the terms of PPA and RFP; \u201cContracted Capacity\u201d shall mean the net capacity of power (in MW) contracted between the Seller and the Procurer(s) at the Delivery Point; \u201cContract Period\u201d shall mean the period commencing from and endingon \u2026\u2026\u2026\u2026. \u201cCentral Transmission Utility\u201d or \u201cCTU\u201d shall mean the Board or the Government company notified as 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or \u201cForce Majeure Event\u201d shall have the meaning ascribed thereto in Article 6.1 of this Agreement; \u201cForced Outage\u201d Refers to an outage of a generating unit or transmission facility due to a fault or reasons not planned which is accepted by SLDC/RLDC/CTU/STU; GERC shall mean Gujarat Electricity Regulatory Commission \"Grid Code\" / \u201cIEGC\u201d or \u201cState Grid Code\u201d shall mean the Grid Code specified by the Central Commission under Clause (h) of Sub-section (1) of Section 79 of the Electricity Act and/or the State Grid Code as specified by the concerned State Commission, referred under Clause (h) of Sub-section (1) of Section 86 of the Electricity Act 2003, as applicable; \u201cIndian Governmental Instrumentality\u201d shall mean the Government of India, Governments of state(s) of Gujarat and [Insert name of state where Seller and Power Station is located] in India, and any ministry, department, board, authority, agency, corporation, commission under the 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attached here to as Schedule 8, in accordance with Article 3 of this Agreement and which shall include the additional bank guarantee furnished by the TSP under this Agreement; \u201cContract Year\u201d, for the purpose of payment of Transmission Charges, shall mean the period beginning on the COD, and ending on the immediately succeeding March 31 and thereafter each period of 12 months beginning on April 1 and ending on March 31 provided that the last Contract Year shall end on the last day of the term of the TSA;", "size": 106, "id": "contract-performance-guarantee", "examples": ["In such an event, the Nodal Agency shall forfeit the <strong>Contract Performance Guarantee</strong> of the TSP, without prejudice to any other right or remedy that may be available to the Nodal Agency hereunder or subsistence otherwise.", "The right of the Nodal Agency to encash the <strong>Contract Performance Guarantee</strong> is without prejudice to the other rights of the Nodal Agency under this Agreement.", "In case of such termination, the <strong>Contract Performance Guarantee</strong> shall be returned to the TSP as per the provisions of Article 6.5.1.", "The release of the <strong>Contract Performance Guarantee</strong> shall be without prejudice to other rights of the Nodal Agency under this Agreement.", "If the then existing <strong>Contract Performance Guarantee</strong> is for an amount which is less than the amount of the liquidated damages payable by the TSP to the Nodal Agency under this Article 6.3 and the TSP fails to make payment of the balance amount of the liquidated damages not covered by the <strong>Contract Performance Guarantee</strong>, then such balance amount shall be deducted from the Transmission Charges payable to the TSP.", "The Selected Bidder, on behalf of the TSP, will provide to the Central Transmission Utility of India Limited (being the Nodal Agency) the <strong>Contract Performance Guarantee</strong> for an amount of Rs 126 Crore (Rupees One Hundred twenty Six Crore Only).", "The Selected Bidder, on behalf of the TSP, will provide to the Central Transmission Utility of India Limited (being the Nodal Agency) the <strong>Contract Performance Guarantee</strong> for an amount of Rs 50 Crore (Rupees Fifty Crore Only)."], "related": [["performance-guarantee", "Performance Guarantee", "Performance Guarantee"], ["performance-guaranty", "Performance Guaranty", "Performance Guaranty"], ["guaranteed-energy-savings-contract", "Guaranteed energy savings contract", "Guaranteed energy savings contract"], ["performance-guarantees", "Performance Guarantees", "Performance Guarantees"], ["parent-guarantee", "Parent Guarantee", "Parent Guarantee"]], "related_snippets": [], "updated": "2025-07-23T06:14:19+00:00"}, "json": true, "cursor": ""}}