Common use of PERFORMANCE ASSURANCE PLAN Clause in Contracts

PERFORMANCE ASSURANCE PLAN. At Buyer’s direction, Seller will provide Buyer with a Performance Assurance Plan prepared in accordance with procedures established by Buyer showing Seller’s work in process and yield factors for each major process step. Buyer may impose this plan where, in Buyer’s opinion, there is a significant risk in meeting performance or delivery requirements. The Performance Assurance Plan will demonstrate Seller’s work in process and yield factors in Seller’s format.

Appears in 6 contracts

Samples: Long Term Contract (KLX Inc.), Acceptance Entire Agreement, Long Term Contract (Be Aerospace Inc)

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PERFORMANCE ASSURANCE PLAN. At Buyer’s direction, Seller will provide Buyer with a Performance Assurance Plan prepared in accordance with procedures established by Buyer showing Seller’s work in process and yield factors for each major process step. This plan will be imposed by Buyer may impose this plan where, in BuyerXxxxx’s opinion, there is a significant risk in meeting performance or delivery requirements. The Performance Assurance Plan will demonstrate Seller’s work in process and yield factors in Seller’s format.

Appears in 5 contracts

Samples: Entire Agreement, technetics.com, airdata.ca

PERFORMANCE ASSURANCE PLAN. At Buyer’s direction, Seller will provide Buyer with a Performance Assurance Plan prepared in accordance with procedures established by Buyer showing Seller’s work in process and yield factors for each major process step. Buyer may impose this plan where, in BuyerXxxxx’s opinion, there is a significant risk in meeting performance or delivery requirements. The Performance Assurance Plan will demonstrate Seller’s work in process and yield factors in Seller’s format.

Appears in 3 contracts

Samples: Acceptance Entire Agreement, Acceptance Entire Agreement, beaerospace.com

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PERFORMANCE ASSURANCE PLAN. At Buyer’s direction, Seller will provide Buyer with a Performance Assurance Plan prepared in accordance with procedures established by Buyer showing Seller’s work in process and yield factors for each major process step. This plan will be imposed by Buyer may impose this plan where, in Buyer’s opinion, there is a significant risk in meeting performance or delivery requirements. The Performance Assurance Plan will demonstrate Seller’s work in process and yield factors in Seller’s format.

Appears in 2 contracts

Samples: General Purchase Order Provisions, www.airdata.ca

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