Functional Guarantees definition

Functional Guarantees means the guarantees specified in the Appendix to the Contract titled Functional Guarantees.
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Functional Guarantees means each of the guaranteed functional requirements as set forth in the table below. Contractor shall be responsible for performing the required Functional Guarantee Testing.
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Examples of Functional Guarantees in a sentence

  • The Operator will be liable to pay the damages at the rates set out in SCHEDULE 3 (Functional Guarantees and Damages), if the Operator fails to meet the respective Functional Guarantees in the performance of the O&M Services.

  • The Operator will not be responsible for the maintenance of the Functional Guarantees for such portions of the Terminal, which have been affected by any Emergency Event, as long as the said Emergency Event has not occurred due to any act or omission of the Operator or its negligence or Wilful Misconduct, or any breach of the provisions of this Contract.

  • The Operator will be liable to pay the Damages at the rates set out in Schedule 3 (Functional Guarantees and Damages), if the Operator fails to meet the respective Functional Guarantees in the performance of the O&M Services.

  • This review by the Authority will not be construed by the Operator, as limiting any of its responsibilities and liabilities for mistakes and deviations from the requirements, specified under the Functional Guarantees and other terms of this Contract.

  • Throughput (in TEU and or Tons) landside and waterside o Landside o Riverside o Specific IWT Throughput o Status of Functional Guarantees as stipulated in SCHEDULE 3 Throughput reporting must be provided for the relevant period in sufficient detail and coherent structure to ensure performance-follow-up versus planned and versus KPI thresholds.

  • The Operator shall perform the operation, management and maintenance services of the Terminal and passenger pontoon jetty in a manner such that the Functional Guarantees are achieved and maintained at all times, in accordance with the provisions of this Agreement, applicable laws and applicable permits.

  • Very truly yours, Title (Project Manager) _ To: _ _ Dear Ladies and/or Gentlemen, Pursuant to GC Sub-Clause 25.3 (Operational Acceptance) of the General Conditions of the Contract entered into between yourselves and the Employer dated _, relating to the _ , we hereby notify you that the Functional Guarantees of the following part(s) of the Facilities were satisfactorily attained on the date specified below.

  • EMPLOYER: EXECUTIVE: WCI Steel, Inc., a Delaware corporation By: /s/ ▇▇▇▇▇▇▇ ▇.

  • Seller guarantees that each Unit will satisfy the Functional Guarantees.

  • The Operator shall notify the Owner upon completion of the necessary changes, modifications or additions, and shall request the Owner to repeat the applicable Tests and Inspection until the minimum level of the Functional Guarantees has been met.