Verification Run definition
Examples of Verification Run in a sentence
Verification Run shall be conducted after the Front End Minimum Performance Criteria and the Back End Minimum Performance Criteria have been achieved, and shall be repeated, if necessary, until passed.
If the Company does not achieve […***…] successful Verification Runs after a […***…] period from the initiation of the first Verification Run and such failure was due to Kite’s gross negligence or willful misconduct, then Fosun shall have the right to terminate this Agreement pursuant to Article 29.4(a) as if Kite materially breached this Agreement and, upon termination, Kite shall pay Fosun liquidated damages of USD […***…].
Contractor guarantees that the Front End shall achieve the Front End Performance Guarantee, that the Back End Unit will achieve the Back End Performance Guarantee, and that the Facility will successfully meet all requirements of the Substantial Completion Discharge and Emissions Verification Run set forth in Exhibit M (the "PERFORMANCE GUARANTEES").