Minimum Performance definition

Minimum Performance means the minimum Performance Goal achievement required for any distribution to be made with respect to a Performance Share, as set out in Appendix A.
Minimum Performance means when the liquefaction plant has achieved, in the aggregate, an average LNG output of at least 80 per cent of the Guaranteed LNG Output over a period of 72 consecutive hours.
Minimum Performance means the criteria specified in Section 12 and Attachment 1.

Examples of Minimum Performance in a sentence

  • The Working Timetable incorporates scheduled running times and layover times considered necessary by the Operator to enable the Services to be operated to at least the Minimum Performance Standards set out in Schedule ID.

  • By execution of this Contract, the Provider hereby acknowledges and agrees that its performance under the Contract must meet these Minimum Performance Measures and that it will be bound by the conditions set forth therein.

  • Minimum Performance Security shall be of an amount equal to 10% of the Contract Price stated in the Letter of Acceptance (LOA).

  • Vehicles falling under the categories of OVC-HEVs and PEVs shall meet both of the Minimum Performance Requirements in Tables 1 and 2 below.

  • Minimum Performance Security shall be of an amount in favor of the Employer, equal to 10% of the Contract Price stated in the Letter of Acceptance (LOA).


More Definitions of Minimum Performance

Minimum Performance means the performance objective at which a Minimum Award is made for a certain portion of the Plan and below which no award is made for that portion of the Plan.
Minimum Performance means the minimum or threshold Performance Goal attainment required for any Integration Performance Units to be achieved (subject to vesting), described as such in Appendix A.
Minimum Performance means the minimal level of performance of the Works (if any) to be achieved during Performance Tests, as are set out in this Contract.
Minimum Performance means the percentage of time or instances that a target SL must be met as specified in the applicable SL.
Minimum Performance. 10% increase on gross turnover during the preceding year;
Minimum Performance means the percentage of time or instances that a target SL must be met as specified in the applicable SL. 129. MISSION CRITICAL
Minimum Performance means purchase by Distributor of thirty-five (35) or more units of the Product in a calendar year in accordance with the provisions hereof.