Performance Bond Amount definition

Performance Bond Amount means the sum of £10,800 per MW contracted due to the Company prior to the execution of this Agreement which will form security against any of the events listed in Clause 4;
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Performance Bond Amount means the amount specified in Item 8 of Attachment A.
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Performance Bond Amount means $[insert], multiplied by the CPI Multiplier between the date on which the relevant Performance Bond is provided and the Effective Date. PWM is the Passenger Weighted Minutes (as determined within Schedule 7 for the Franchise Agreement – Train dated 31 August 2009) incurred by the Access Provider across the Network in the relevant calendar month. Quarter means any calendar quarter commencing on 1 January, 1 April, 1 July or 1 October in any year, provided that: Formatted: Font: Not Bold
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Examples of Performance Bond Amount in a sentence

  • To the extent applicable, in accordance with Section 2252.064, Texas Government Code, Contractor will provide College with a Performance Bond in the amount of $ (Performance Bond Amount) for each year during the Initial Term and any Renewal Term of this Agreement.

  • In the event the entire Contract Price has been paid in whole or in part by the County and the Work is determined to be incomplete or defective in accordance with the terms of the Contract, the Surety is obligated to complete the Contract in an amount not to exceed the Performance Bond Amount, except as provided herein.

  • The Performance Bond Amount shall cover all costs invoiced by third party vendors to the County that exceed the cost in the Contract (to include phases) or costs already paid by the County to Contractor, but not exceeding the Performance Bond Amount (excluding other costs and damages for which Surety may be liable hereunder).The Surety’s monetary obligation under this Bond is limited to the Performance Bond Amount identified herein, except as otherwise provided.

  • That this PROPOSAL is accompanied by surety in the amount of ten percent (10%) of the dollar PROPOSAL in the form and amount indicated below: Performance Bond Amount $ or Certified Check Amount $ D.

  • If a Court of competent jurisdiction finds that the Surety is in breach hereunder, the Court shall award the County three times the actual damages sustained by the County as a result of the Surety’s default, which amount shall not be limited to the Performance Bond Amount.

  • The Board focussed heavily on policy discussions, which included making significant changes to their Ends policies that hadn’t been modified for several years.

  • However, in some cases, if the owner wants to keep and relocate the item(s), a Performance Bond Amount will need to be established and withheld.

  • Confession and Forgiveness in Community Exclusion and Embrace: A Theological Exploration of Identity, Otherness, and Reconciliationby Miroslav Volf The thesis of this work comes down to a simple but very challenging argument: that it is possible for persons to be in meaningful relationship with those whom they have the most intense personal, social, and ideological differences, without surrendering their own dignity and selfhood.

  • A22 - Performance Bond Amount, Applicable to B9.1 $37,000 Id. at 355.

  • The aggregate amount of demands that TfNSW may make under all of the General Performance Bonds may not exceed the General Performance Bond Amount as at the relevant time.

Related to Performance Bond Amount

  • Performance Bond means the financial security for performance a USF Service Provider must furnish in accordance with section 54 of this RFA;

  • Interest Free Security Deposit/ Performance Security means interest free amount to be deposited by the Licensee with DMRC as per terms and conditions of License Agreement as a security against the performance of the License Agreement.

  • Maximum Undrawn Amount means with respect to any outstanding Letter of Credit, the amount of such Letter of Credit that is or may become available to be drawn, including all automatic increases provided for in such Letter of Credit, whether or not any such automatic increase has become effective.

  • Bond Year means, unless otherwise provided in the Supplemental Indenture authorizing a Series of Bonds, the period commencing on the first day of July in each year and ending on the last day of June of the following year.