Amount of Performance Security Sample Clauses

Amount of Performance Security. If any such performance security is required by Central Xxxxxx, Licensee shall furnish an irrevocable bank letter of credit or other security requested by and satisfactory to Central Xxxxxx in the following amounts: Security in the amount of $100.00 shall be required for each proposed Pole Attachment. Central Xxxxxx, in its sole discretion, may also accept an unconditional guarantee of Licensee's payment and performance hereunder in a form and content acceptable to Central Xxxxxx from a third party acceptable to Central Xxxxxx.
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Amount of Performance Security. So as to assure the performance by the Owner of each of the terms and conditions of this Agreement, the Owner shall, prior to the commencement of any construction of the Services contemplated by this Agreement, deposit with the Town security in an amount which is equal to fifty per cent (50%) of the value of the works required by this Agreement based upon the contract or contracts which are the subject of paragraph 3.1.4.14 hereof, unless such construction shall be carried out by the Owner in which event the cost shall be estimated by the Owner’s engineer and approved by the Town (herein “Performance Security”). The Performance Security shall be either by way of:
Sample 1
Amount of Performance Security. 7.1 Within fifteen days after the Contract enters into effect, Party B shall pay to Party A 1,498,096,77 yuan as the performance security for the Contract. If Party A fails to receive the abovementioned security within 30 days after the conclusion of the Contract, Party A reserves the right to hold the opinion that Party B gives up leasing the house, and to terminate the Contract unilaterally. In the meantime, Party B shall pay to Party A the liquidated damage at the amount of the performance security as agreed by the Contract.
Sample 1
Amount of Performance Security. The amount of the performance security shall be fifty percent of the highest annual contract price for any one of the three years of the Agreement term.
Sample 1
Amount of Performance Security. The amount of the performance secu- rity to be furnished to CCC in response to a particular Invitation will depend upon whether the eligible exporter in- tends to select ‘‘Option A’’ or ‘‘Option B’’ for the timing of the bonus pay- ment. If the eligible exporter furnishes performance security under ‘‘Option A’’ of the applicable Invitation, the xxx- gible exporter may request payment of the bonus after export of the eligible commodity but before entry of the commodity into the eligible country. If the eligible exporter furnishes perform- ance security under ‘‘Option B’’ of the applicable Invitation, the eligible ex- xxxxxx may request payment of the bonus only after the exported eligible commodity has entered into the eligi- ble country. The applicable Invitation will specify the exact amount of per- formance security for the eligible com- modity required under either ‘‘Option A’’ or ‘‘Option B’’ and the method and rate for determining liquidated dam- ages. After the exporter and CCC enter into an Agreement, the exporter may request CCC to change the performance security option for an entire Agree- ment from ‘‘Option B’’ to ‘‘Option A’’ and, if CCC agrees to this change, the exporter will increase the performance security amount to the level required by the applicable Invitation for ‘‘Op- tion A’’.
Sample 1
Amount of Performance Security. Rs.-----------------------5% of bid price in the case of bid price exceeding Rs. 50 million as per General Direction for the guidance of tenderer 26(B) read with General Conditions of Contact clause (7) and amount of additional performance security Rs as per General Directions for the guidance of tenderer 26(A).
Sample 1

Related to Amount of Performance Security

  • Payment of Performance Shares Payment of any Performance Shares that become earned as set forth herein will be made in the form of Common Shares, in cash, or in a combination of the two, as determined in the sole discretion of the Committee. Payment will be made as soon as practicable after the receipt of audited financial statements of the Corporation relating to the last fiscal year of the Performance Period and with respect to Covered Employees, the determination by the Committee of the level of attainment of the Management Objectives. Performance Shares will be forfeited if they are not earned at the end of the Performance Period and, except as otherwise provided in this Agreement, if the Grantee ceases to be employed by the Corporation or a Subsidiary at any time prior to such shares becoming earned.

  • Grant of Performance Shares Pursuant to the provisions of the Plan and this Agreement, the Company on the Grant Date has granted and hereby evidences the grant to the Participant, subject to the terms and conditions set forth herein, in the Plan and the Addendum with Additional Country Specific Terms and Conditions attached as Exhibit A, all of which are made part of this Agreement, an award of <shares_awarded> Performance Shares (this “Award”).

  • Grant of Performance Units Capital One hereby grants to you an award of Units with a Target Award, as indicated on the Grant Notice. The maximum payout for this award is 150% of the Target Award plus accrued dividends pursuant to Section 6. The Units shall vest and the underlying shares of common stock of Capital One, $.01 par value per share (such underlying shares, the “Shares”), shall be issuable only in accordance with the provisions of this Agreement and the Plan.

  • Vesting of Performance Shares As long as you remain employed with PG&E Corporation, the Performance Shares will vest on the first business day of March (the “Vesting Date”) of the third year following the date of grant specified in the cover sheet. Except as described below, all Performance Shares subject to this Agreement that have not vested shall be forfeited upon termination of your employment.

  • Grant of Performance Share Units The Company hereby grants to the Participant the Target Number of PSUs Granted, effective as of the Date of Award and subject to the terms and conditions of the Plan and this Award Agreement. Each PSU represents the unsecured right to receive a number of Shares, if any, in accordance with the terms and conditions of this Award Agreement. The Participant shall not be required to pay any additional consideration for the issuance of the Shares, if any, upon settlement of the PSUs.

  • Grant of Performance Stock Units Subject to the terms of this Agreement, and the Incentive Plan, effective as of the Grant Date the Participant is hereby granted [Number] Performance Stock Units (the “Target Performance Units”). This Award contains the right to dividend equivalents (“Dividend Equivalents”) with respect to Earned Performance Units (as defined in Section 3(a)) as described in Section 4. Each Performance Stock Unit awarded hereunder shall become earned and vested as described in Section 3 and each Earned Performance Unit (and associated Earned Dividend Equivalents thereon as described in Section 4) shall be settled in accordance with Section 5.

  • Timing of Payment of Performance When the payment of any obligation or the performance of any covenant, duty or obligation is stated to be due or performance required on a day which is not a Business Day, the date of such payment (other than as described in the definition of Interest Period) or performance shall extend to the immediately succeeding Business Day.

  • Award of Performance Shares Subject to all terms and conditions of the Plan and this Agreement, the Company has awarded to the Employee on the date indicated on the Award Summary the number of Performance Shares (individually, the “PS”) as shown on the Award Summary. Notwithstanding anything herein to the contrary, only active Employees and those Employees on Short Term Disability Leave, Social Service Leave, Family Medical Leave or Paid Uniform Services Leave (pursuant to the Company’s Human Resources Policies) on the effective date of the award as shown on the Award Summary shall be eligible to receive the award.

  • Suspension of Performance Disbursement Into Court If at any time, there shall exist any dispute between the Company and the Investor(s) with respect to holding or disposition of any portion of the Escrow Funds or any other obligations of Escrow Agent hereunder, or if at any time Escrow Agent is unable to determine, to Escrow Agent's sole satisfaction, the proper disposition of any portion of the Escrow Funds or Escrow Agent's proper actions with respect to its obligations hereunder, or if the parties have not within thirty (30) days of the furnishing by Escrow Agent of a notice of resignation pursuant to Section 9 hereof, appointed a successor Escrow Agent to act hereunder, then Escrow Agent may, in its sole discretion, take either or both of the following actions:

  • PERIOD OF PERFORMANCE The period of performance for this contract begins , and ends . ARTICLE 4.

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