Failure to Perform definition

Failure to Perform means the failure of a Party to complete a material act with respect to its delivery, payment or other obligation after the expiration of the period allowed for the late performance of such act;

Failure to Perform. As defined Article 16.

Failure to Perform means a circumstance wherein the Owner or Contributor shall fail to perform a material obligation which is required to be performed by Contributor or Owner pursuant to this Agreement. If a Failure to Perform is in connection with, or causes, a financial obligation of the Project or Owner to result with respect to matters arising or occurring prior to the Contribution Date, the Failure to Perform shall be considered an Undisclosed Liability Representation for purposes of this Agreement.

Examples of Failure to Perform in a sentence

• Violation, Failure to Perform TS Audits and Criterion II Reviews Within Required Intervals, paragraph 9.

• Granice statusu konsumenta w prawie cywilnym – perspektywa temporalna oraz kwestia niedokonania czynności prawnej [The Limits of Consumer Status in Private Law – A Temporal Perspective and the Issue of Failure to Perform Effectively a Juridical Act], PS 2022, nr 11-12, s.

• Failure to Perform: The Purchaser may cancel the Agreement if the Supplier fails to deliver the Goods, in accordance with the above terms and conditions, in spite of a 14-day notice given by the Purchaser, without incurring any liability to the Supplier.

• If there are no other em- ployees, the standards shall conform to those that are reasonable and cus- tomary in a similar job.(b) Failure to Perform.

• Failure: If a Voltage Support Resource fails to comply with the ISO’s request for steady- state voltage control, the ISO shall withhold Voltage Support Service payments from the non- complying Supplier equivalent to the VSS Failure to Perform Penalty for that specific Generator, synchronous condenser, or Qualified Non-Generator Voltage Support Resource for that month.

More Definitions of Failure to Perform

Failure to Perform means in respect of a Buyer Clearing Member or Seller Clearing Member, its failure or that of its Customer to perform its obligations for the purposes of making or taking delivery of Oil in accordance with the terms of the Contract other than as a result of a Force Majeure Event, and Failed to Perform shall be construed accordingly.

Failure to Perform means that either:

Failure to Perform. As defined in Section 16.1.

Failure to Perform. As defined in Section 10.

Failure to Perform means the failure of the short position holder to make, or the long position holder to receive, delivery of crude oil in accordance with the requirements set forth in these rules.

Failure to Perform means a circumstance wherein the Owner or Contributor shall fail to perform a material obligation which is required to be performed by Contributor or Owner pursuant to this Agreement and shall include a failure to perform any obligation set forth in Section 15.2 unless included as part of the obligations covered within the General Representations, Title Representations, Undisclosed Liability Representations, Undisclosed Tax Liability Representations or Claims involving fraud or material misrepresentation.

Failure to Perform with respect to a KPI means a failure to achieve the applicable threshold (minimum) level of performance with respect to such KPI, as set forth in an Annual Statement of Work, for an Annual Measurement Period.