Performance Time definition

Performance Time means the time by which all Works must be completed, commissioned [if applicable]13 and handed over to the Customer. The Performance Time may only be amended in the cases determined in the Contract and on the basis of written agreement between the Parties. The Performance Time shall be counted as of the Commencement Date. Sub-Clause 1.1.10 shall be formulated as follows: “Costs” mean all reasonable expenses, arising to the Contractor at the Work Performance Place or outside of it, including overheads, in accordance with Cabinet Regulation No. 239 “Regulations on the Latvian Construction Standard LBN 501-17 “Procedure for Determination of Construction Costs”, adopted on 3 May 2017, excluding profit. Sub-Clause 1.1.19 shall be formulated as follows: “Works” mean all works to be performed by the Contractor, including temporary works and any Changes. Works shall also include the construction works which are not directly mentioned in the Contract, but which are objectively necessary and reasonably expected from the Contractor as an experienced professional in order to achieve the objective of the Contract. If during the performance of the Works, the Parties agree in writing on the necessity to perform the Individual Works, all the works assigned to the Contractor within the framework of the Contract shall be considered as the Works within the meaning of the Contract. To supplement with Sub-Clause 1.1.20, 1.1.21, 1.1.22, 1.1.23, 1.1.24, 1.1.25, 1.1.26 and 1.1.27 as follows: 13 If provided for in the regulatory enactments.
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Performance Time means the period commencing 10 minutes prior to the commencement of the Event until ten minutes after the Event ceases excluding any intervals;
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Performance Time means the performance time of the Works or their Stages (depending on the situation) specified in the Annex to the Bid, by which all Works or Stages must be completed, put into operation (if the Works or Stages must be put into operation in accordance with regulatory enactments) and handed over to the Customer. The Performance Time may only be amended on the basis of written agreement between the Parties (i.e., even if the Engineer approves any claim of the Contractor regarding extension of the Performance Time, such extension shall be recorded in the form of a written agreement in order to be in force). Sub-clause 1.1.3.7 shall be replaced by the following: “Defect Notification Period” means the notification period of the detection of defects during the Works or their Stages (depending on the situation) defined in accordance with Sub-clause 11.1 [
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Examples of Performance Time in a sentence

  • Consultant agrees that if the Services are not completed within the aforementioned Performance Time and/or pursuant to any such Performance Milestones developed pursuant to provisions of this Agreement, it is understood, acknowledged and agreed that the City will suffer damage.

  • Contractor agrees that if the Services are not completed within the aforementioned Performance Time and/or pursuant to any such completion schedule or Project milestones developed pursuant to provisions of this Agreement, it is understood, acknowledged and agreed that the City will suffer damage.

  • Consultant agrees that if the Services are not completed within the aforementioned Performance Time and/or pursuant to any such Project Milestones developed pursuant to provisions of this Agreement, it is understood, acknowledged and agreed that the City will suffer damage.

  • Pursuant to Government Code Section 53069.85, Contractor shall pay to the City as fixed and liquidated damages, and not as a penalty, the sum of One Hundred Dollars ($100.00) per day for each and every calendar day of delay beyond the Performance Time or beyond any completion schedule or Project milestones established pursuant to this Agreement.

  • Contractor agrees that if the Services specified in Exhibit “D”, attached hereto and incorporated herein by this reference, are not completed within the aforementioned Performance Time and/or pursuant to any such completion schedule or Project milestones developed pursuant to provisions of this Agreement, it is understood, acknowledged and agreed that the City will suffer damage.

  • Contractor agrees that if the Services are not completed within the aforementioned Performance Time and/or pursuant to any such Project Milestones developed pursuant to provisions of this Agreement, it is understood, acknowledged and agreed that the City will suffer damage.

  • Pursuant to Government Code Section 53069.85, Contractor shall pay to the City as fixed and liquidated damages the sum of two hundred dollars ($200.00) per day for each and every calendar day of delay beyond the Performance Time or beyond any Project Milestones established pursuant to this Agreement.

  • Pursuant to Government Code Section 53069.85, Contractor shall pay to the City as fixed and liquidated damages, and not as a penalty, the sum of Two-Hundred and Fifty Dollars ($250.00) per day for each and every calendar day of delay beyond the Performance Time or beyond any completion schedule or Project milestones established pursuant to this Agreement.

  • Contractor agrees that if the Services specified in Exhibit “A”, attached hereto and incorporated herein by this reference, are not completed within the aforementioned Performance Time and/or pursuant to any such completion schedule or Project milestones developed pursuant to provisions of this Agreement, it is understood, acknowledged and agreed that the City will suffer damage.

  • Pursuant to Government Code Section 53069.85, Contractor shall pay to the City as fixed and liquidated damages, and not as a penalty, the sum of One Hundred Dollars and Zero Cents ($100.00) per day for each and every calendar day of delay beyond the Performance Time or beyond any completion schedule or Project milestones established pursuant to this Agreement.

Related to Performance Time

  • Performance Date means June 30, 2027. If the Locality, in consultation with VEDP, deems that good faith and reasonable efforts have been made and are being made by the Company to achieve the Targets, on or before the Performance Date the Locality may request an extension of the Performance Date by up to 15 months. Any extension of the Performance Date shall require the prior approval of the Company and the Board of Directors of VEDP (the “Board”). If the Performance Date is extended, the Locality shall send written notice of the extension to the Authority, the Company and VEDP and the date to which the Performance Date has been extended shall be the “Performance Date” for the purposes of this Agreement.

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume; “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted;

  • Performance Cash means any cash incentives granted pursuant to Article 9 payable to the Participant upon the achievement of such performance goals as the Committee shall establish.

  • Performance Period means the one or more periods of time, as the Committee may select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s right to, and the payment of, a Performance Compensation Award.

  • Performance Year means the calendar year prior to the year in which an Annual Award is made by the Committee.