Performance Deposit definition

Performance Deposit shall be as defined in Section 3.2.

Performance Deposit has the meaning set forth in Section 2.4.

Performance Deposit means the deposits referred to in Section 6.8;

Examples of Performance Deposit in a sentence

• However, the Security Deposit / Performance Deposit will be applicable.

• Should it be observed anytime during currency of the bidding process or during execution of the work that I / We have been banned, delisted or debarred by any of the above Agencies, then I / We agree for termination of the contract forthwith and also agree for forfeiture of our Earnest Money Deposit and Security cum Performance Deposit, if any, by Canara Bank, without any recourse.

• Any loss, arising due to non-fulfillment of this contract or any other contract, will be recovered from the Security & Performance Deposit/ Guarantees held and or any other amount due to the supplier from the Nigam from this Contract as well as from other contracts.

• The lodging of a claim by a Buyer which is not bona fide may subject the Clearing Member of the Buyer to disciplinary proceedings and actions under the rules of the Clearing House, including but not limited to, the forfeiture of its Performance Deposit (if any) by the Clearing House.

• The development deposit will be refunded upon Commercial Operation Date or applied to the subsequent Performance Deposit.

More Definitions of Performance Deposit

Performance Deposit means the security referred to in section 17.05;

Performance Deposit has the meaning assigned to it in Section 3.1(b).

Performance Deposit shall be as defined in Section 2.2.

Performance Deposit has the meaning given it in Article 2.3.

Performance Deposit has the meaning set out in Section 3.1(b) of this Agreement.

Performance Deposit has the meaning set forth in Recital E.

Performance Deposit shall have the meaning set forth in Section 2(b).