Performance definition
Examples of Performance in a sentence
The Contractor may initially provide the Performance Security for a period of 2 (two) years; provided that it shall procure the extension of the validity of the Performance Security, as necessary, at least 2 (two) months prior to the date of expiry thereof.
Notwithstanding the aforesaid, the Parties agree that the Authority shall not be obliged to release the Performance Security until all Defects identified during the Defects Liability Period have been rectified.
Without prejudice to the provisions of Clauses 8.3, and subject to the provisions of Clause 7.3, the Parties expressly agree that in the event the Appointed Date does not occur, for any reason whatsoever, within 90 days of signing of the Agreement and submission of the full Performance Security by the Contractor, the Agreement shall be deemed to have been terminated.
Howden Insurance (Ireland) Limited trading as Howden, Build-Zone, CRS Yachts, Xxxxx Xxxx-Xxxxxxxx, Xxxx Music, Performance Film & Media Insurance, Principal Insurance, Protean Risk, RL Underwriting, Xxxxxxxxx Low, Sanctum Health, Sanctum Superyacht Insurance, Self-Build Zone and Xxxxxx Insurance Brokers (‘the Firm, We, Us, Our’) is a member of the Howden Broking Group.
Any party whose performance is so affected shall give written notice to the other party describing the Affected Performance.