Guarantee Term definition

Guarantee Term has the meaning set forth in Exhibit B.
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Guarantee Term means Contract Year 1 through the end of Contract Year 25.
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Guarantee Term shall have the meaning as defined in Section C.2.1 hereof, also referred to as “Term.”
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Examples of Guarantee Term in a sentence

  • The Guarantee Term for the Product is two (2) years from the time it is delivered to the purchaser.

  • In the event of any defect in the Product that is notified by the purchaser to the seller during the Guarantee Term, the seller will be obliged to repair or replace the Product, at his own cost and wherever he deems suitable, unless this is impossible or unreasonable.

  • Annual Project Benefits Shortfall is the amount by which the Annual Project Benefits exceed the Annual Project Benefits Realized in any one year of the Guarantee Term.

  • Annual Project Benefits Surplus is the amount by which the Annual Project Benefits Realized exceed the Annual Project Benefits in any one year of the Guarantee Term.

  • Annual Project Benefits Realized are the Project Benefits actually realized for any one year of the Guarantee Term.


More Definitions of Guarantee Term

Guarantee Term means Contract Year one (1) through the end of Contract Year twenty-five (25) shown in Table 1 below.
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Guarantee Term has the meaning given to it in Clause 2.2 (Term of the Guarantee).
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Guarantee Term means a term commencing with the date of entry into service of the first Aircraft and terminating on a date *****later. The "Revenue Service Schedule Completion Rate Guarantee Percentage" shall be a *****moving average (expressed as a percentage) which shall be calculated using the following formula: *****;
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Guarantee Term means, for any given country, the 18-month period commencing on the Initial Implementation Date in such country.
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Guarantee Term is defined in Schedule B, Section I.
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Guarantee Term means the 12 month period of time that begins the earlier of (a) activation and verification of the Eligible Array per the requirements section of the Terms, or (b) 60 days after shipment of the Eligible Array.
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Guarantee Term means, for any given country, the period set forth in Section 2 of Exhibit E.
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