Performance Obligation definition

Performance Obligation means any obligation of a party arising under this Agreement, other than a Financial Obligation.

Performance Obligation has the meaning set forth in Section 4.03 hereof.

Performance Obligation has the meaning specified in ‎Section 4.03.

Examples of Performance Obligation in a sentence

• The Parties agree that for Standard Performance Obligation, Seller shall not be obligated to provide Notice to Buyer of any reason excusing its performance; provided, however, Seller shall provide Buyer with prompt oral or electronic notice of the event excusing performance.

• A key highlight of the third quarter has been the record growth we accomplished in our Remaining Performance Obligation (RPO).

• At the September meeting the IPSASB discussed an approach whereby an IPSAS aligned with IFRS 15, Revenue from Contracts with Customers, would include application guidance on the Public Sector Performance Obligation Approach.

• On 1 March 2016, among others, the Company, the 2014 Noteholder and Neway Enterprises agreed to terminate the 2014 Specific Performance Obligation with effect from the same date.

• It will be an event of default if 2013 Specific Performance Obligation is breached and in such case, the 2013 Noteholder may require that the 2013 Note be redeemed immediately at a price equivalent to the sum of (i) the outstanding principal amount of the 2013 Note; (ii) all unpaid interest on the outstanding principal amount; (iii) an investment return in the amount of HK$60 million; and (iv) any unpaid default interest accrued.

More Definitions of Performance Obligation

Performance Obligation means the standard of performance of the Seller to deliver or exchange and of the Buyer to receive or exchange the Product as specified in a Confirmation under the following performance options: (a) Firm; or (b) Standard, and within those options, the delivery obligations of (i) Wet; (ii) Any; (iii) Ratable; or (iv) other. If no performance option or delivery obligation is selected by the parties on the Confirmation, then Firm and Any are the defaults, respectively.

Performance Obligation has the meaning set forth in Section 2.07(c) hereof.

Performance Obligation has the meaning specified in Section 5.03.

Performance Obligation means any term, obligation or condition binding upon the Company under the Securities or under the Indenture with respect to the Securities other than any obligation to pay principal of, or interest on, any Securities or any obligation to pay Additional Amounts in respect thereof (whether upon redemption, the occurrence of a Liquidation Event or otherwise).

Performance Obligation means any obligation of a party arising under this Agreement, other than a Financial Obligation. User agent for Joint Venturers The User enters into this Agreement as agent for and on behalf of the Joint Venturers, and the User warrants that it is duly authorised to do so. The User will not be personally liable under this Agreement in its capacity as agent for the Joint Venturers. OR Joint Venturers comprise a single party The Joint Venturers comprising the User will be a single party to this Agreement, but their respective rights against and liabilities to DBCT Management and DBCT Guarantor will be determined in accordance with this clause 28. Financial Obligations of Joint Venturers are several Subject to clauses 28.4 and 28.5 (and any other provision of this Agreement which may expressly provide otherwise), the liability of each Joint Venturer in respect of each Financial Obligation of the User is several, and each Joint Venturer will only be liable for an amount owing by the User equivalent to its Joint Venture Percentage of that amount. Rights and Performance Obligations of Joint Venturers are joint Each right of the User under this Agreement can only be exercised by the User or by [delete highlighted words where the Joint Venturers are all signatories in their own right] the Joint Venturers jointly. Each Joint Venturer will be jointly liable in respect of each Performance Obligation of the User (other than any Performance Obligation expressed to be imposed on an individual Joint Venturer). Individual Joint Venturer default If: a Joint Venturer defaults in respect of the performance of a Financial Obligation of the User; the other Joint Venturers are not in default in respect of that Financial Obligation; and [where there is a single User, as agent for the Joint Venturers] the User gives a notice to DBCT Management, copied to the defaulting Joint Venturer, identifying the defaulting Joint Venturer and its default, OR [where the Joint Venturers are all signatories in their own right ] the other Joint Venturers give a notice to DBCT Management, copied to the defaulting Joint Venturer, identifying the defaulting Joint Venturer and its default, , then that defaulting Joint Venturer (unless it disputes the default in writing to DBCT Management within 7 days of receiving a copy of the notice) will be solely liable, to the extent of the default, in the performance of that Financial Obligation. Any notice given pursuant to clause 28.5(a)(iii) and not disputed...

Performance Obligation means (i) performance or warranty obligations under (or in connection with a contract bid for) supply, service, construction or other contracts, including, without limitation, bid and performance bonds or guaranties relating to the foregoing obligations and contracts or (ii) letters of credit or bank guarantees that support the obligations referred to in clause (i) or provide credit support for the obligations of a Person in connection with advance payments made to such Person.

Performance Obligation means (i) performance obligations under supply, service or construction contracts, including, without limitation, bid and performance bonds or guaranties relating to the foregoing obligations and contracts or (ii) letters of credit or bank guarantees that support the obligations referred to in clause (i).