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.
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, or any Person in which the Company or a Restricted Subsidiary has an equity interest.

Examples of Performance Guarantees in a sentence

  • The Contractor will meet or exceed the Minimum Service Requirements set forth in Attachment 2: Performance Guarantees.

  • This annual report would not be subject to the timeliness standard in the Performance Guarantees and is due by April 15 following end of Plan Year.

  • Time is of the essence in performing the Contract; this is true generally and particularly with respect to providing Services on the Effective Date and meeting the Performance Guarantees.


More Definitions of Performance Guarantees

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 has the meaning set forth in Section 7.6.
Performance Guarantees means the Pre-Redelivery Guarantee and the Post Redelivery Guarantee;
Performance Guarantees means the performance guarantees specified in Attachment T.
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 5.4 of the AGTA.
Performance Guarantees means any guarantee issued in connection with any Project Finance Debt that if secured, is secured only by Assets of and/or Equity Interests of a Subsidiary obligated in respect of the applicable Project Finance Debt.