Purchaser’s Performance definition

Purchaser’s Performance. Bond” has the meaning ascribed to it in Section 2.2(b) of this Agreement;
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Examples of Purchaser’s Performance in a sentence

  • Such Purchaser’s Performance Security will not be required after the Commercial Operation Date if the Purchaser’s senior unsecured debt rating at any time is rated at or above a Standard & Poor’s rating of “A-” or a ▇▇▇▇▇’▇ rating of A3 (such rating levels to be equitably adjusted if either rating agency were in the future to change its rating standards).

  • OBLIGATION TO CLOSE 27 8.1. Accuracy of Representations; Purchaser’s Performance 27 8.2. Additional Documents 27 8.3. No Injunction 27 9.

  • CONDITIONS PRECEDENT TO Seller’s OBLIGATION TO CLOSE 29 9.1 Accuracy of Representations 29 9.2 Purchaser’s Performance 29 9.3 Consents 29 9.4 No Injunction 29 ARTICLE 10.

  • If Seller at any time has reasonable grounds to believe that Purchaser’s or Purchaser’s Performance Assurance provider’s creditworthiness or performance under this Agreement has or will become unsatisfactory, or if Purchaser or Purchaser’s Performance Assurance provider experiences a Downgrade Event, then Seller may by written notice require Purchaser to provide Performance Assurance within three (3) Business Days.

Related to Purchaser’s Performance

  • Basket Performance means a decimal number calculated by applying the following formula:

  • Final Performance means the Final Valuation Price divided by the Initial Price(Settlement) each in respect of the Worst Performing Underlying Asset as calculated in respect of the Final Valuation Date. "Final Valuation Date" means 29 November 2027, subject to adjustment.

  • Underlying Performance means a decimal number calculated by applying the following formula:

  • Unsatisfactory Performance means any of the following:

  • Total Performance means that the entire Work, except those items arising from the provisions of any warranty, have been performed in accordance with the Contract;