Guarantee Term definition

Guarantee Term has the meaning set forth in Exhibit B.
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Guarantee Term means Contract Year 1 through the end of Contract Year 25.
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Guarantee Term shall have the meaning as defined in Section C.2.1 hereof, also referred to as “Term.”
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Examples of Guarantee Term in a sentence

  • Annual Project Benefits Realized are the Project Benefits actually realized for any one year of the Guarantee Term.

  • Annual Project Benefits Shortfall is the amount by which the Annual Project Benefits exceed the Annual Project Benefits Realized in any one year of the Guarantee Term.

  • Annual Project Benefits Surplus is the amount by which the Annual Project Benefits Realized exceed the Annual Project Benefits in any one year of the Guarantee Term.

  • For purposes of this Agreement, the following terms have the meanings set forth below: Annual Project Benefits are the portion of the projected Total Project Benefits to be achieved in any one year of the Guarantee Term.

  • The Parties agree that actual damages to Customer as the result of Seller’s failure to produce the Minimum Production Threshold would be difficult to ascertain, and the Shortfall Payment is a reasonable approximation of the damages suffered by Customer as a result of Shortfall during the Guarantee Term.


More Definitions of Guarantee Term

Guarantee Term means Contract Year one (1) through the end of Contract Year twenty-five (25) shown in Table 1 below.
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Guarantee Term has the meaning given to it in Clause 2.2 (Term of the Guarantee).
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Guarantee Term means the period from the date and time this Instrument becomes effective until midnight British Summer Time on 31 December 2017.
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Guarantee Term means a term commencing with the date of entry into service of the first Aircraft and terminating on a date ***** later. The "Revenue Service Schedule Completion Rate Guarantee Percentage" shall be a ***** moving average (expressed as a percentage) which shall be calculated using the following formula: *****
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Guarantee Term is defined in Schedule B, Section I.
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Guarantee Term means the 12 month period of time that begins the earlier of (a) activation and verification of the Eligible Array per the requirements section of the Terms, or (b) 60 days after shipment of the Eligible Array.
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Guarantee Term means, for any given country, the 18-month period commencing on the Initial Implementation Date in such country.
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