Performance Guarantees definition

Performance Guarantees means specific measurement indicators assigned to Contract tasks representing timeliness and quality of task output.
Performance Guarantees means all guarantees of the Company, the Parent, or any other Member of the Consolidated Group delivered in connection with the construction financing of Drillship or Drilling Rig for which firm drilling contracts have been obtained by the Company, the Parent or any other Member of the Consolidated Group.

Examples of Performance Guarantees in a sentence

  • We guarantee that the Works will then conform to the Performance Guarantees included in this Tender.3. We undertake that if our Tender is accepted we will provide the specified Performance Bond from a locally registered Insurance Company or Bank in accordance with SubClause 2.16 of the above instruction to Bidder to be jointly and severally bound with us in the sum of five percent (5%) of the Contract Price for the due performance of the Contract under the terms of a Performance Bond to be approved by you.

  • We guarantee that the Works will then conform to the Performance Guarantees included in this Tender.

  • Upon issuance of the Letter of Completion, the City shall release all Performance Guarantees being held for assurances of completion for the Private Improvements.

  • Performance Guarantees will be met if reasonable engineering interpretations and calculations based on the flight test data establish that the particular aircraft being delivered under the applicable purchase agreement would, if actually flown, comply with the guarantees.

  • Boeing will furnish to Customer flight test data obtained on an aircraft of the same model to evidence compliance with the Performance Guarantees.


More Definitions of Performance Guarantees

Performance Guarantees has the meaning set forth in Section 7.6.
Performance Guarantees means, in respect of the Company or any of the Restricted Subsidiaries, contingent obligations arising from the issuance of performance guarantees, assurances, indemnities, bonds, letters of credit, or similar agreements in the ordinary course of business in respect of the contracts (other than contracts for Indebtedness for Borrowed Money) of the Company, any Restricted Subsidiary, any Person in which the Company or a Restricted Subsidiary has an equity interest.
Performance Guarantees means all of the guarantee amounts set forth in Article 10 of this Contract as tested and measured in accordance with Attachment 7.
Performance Guarantees shall have the meaning set forth in Section 8.1 hereof.
Performance Guarantees means the guarantee that the Facility shall be operated satisfying the minimum performance parameters set out in Schedule.
Performance Guarantees has the meaning set forth in Section 4.3(b) of the ESSA. “Performance Security” means (i) cash or (ii) a Letter of Credit in the amount set forth on the Cover Sheet of the ESSA.
Performance Guarantees means the Pre-Redelivery Guarantee and the Post Redelivery Guarantee;