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.