Performance Regime Clause Samples

A Performance Regime clause sets out the standards, metrics, and procedures by which a party’s performance under a contract will be measured and evaluated. Typically, it details specific performance indicators, reporting requirements, and consequences for failing to meet agreed benchmarks, such as penalties or remedial actions. This clause ensures that both parties have a clear understanding of expected performance levels, thereby promoting accountability and providing a structured approach to managing and addressing underperformance.
Performance Regime. 18.1 The provisions of Schedule 13 (Performance Regime) shall apply with effect from the Contract Effective Date.
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Performance Regime. (a) Without limiting the Operator's obligations under clause 4, the Operator must perform its obligations under this Agreement in order to meet the Performance Measures. (b) The parties acknowledge and agree that the Performance Measures are only agreed target levels of performance against which the Operator will be assessed by the Principal and the existence of the Performance Measures does not limit the Operator's obligation to meet any other obligations in this Agreement, (c) This clause 7.7(c) only applies where the Operator is a Major Operator. (i) A Performance Abatement may apply in respect of a Performance Failure, in accordance with the Performance Regime to reflect the agreed principle that the Principal will only pay for the quantum and quality of the Services actually provided. (ii) The Operator agrees that the Performance Abatement regime under this Agreement reflects a genuine pre-estimate of the diminished value to the Principal if the Service Provider does not provide the Services in accordance with this Agreement. (iii) Any Performance Abatement payable for any Performance Failure will be a debt due and payable by the Operator to the Principal in accordance with this Agreement and may be set-off against the Fee that is otherwise payable by the Principal to the Operator.
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Performance Regime. 4.1 The performance regime for performance of the Services (as defined under the TSA) by the New Trains Maintainer is set out in Schedule 3 (Rolling Stock Requirements – Assurance) of the TSA. 4.2 The New Trains Maintainer’s liability under the performance regime to the Operator is subject to an Annual Deductions Cap (as defined in Schedule 3 of the TSA), and if payments equal or exceed this cap, TTL will be entitled to terminate the TSA. 4.3 The Operator shall receive all performance regime Deductions payments due from the New Trains Maintainer and contribute a [REDACTED]30 share of Impact Minute Bonus payments to the New Trains Maintainer under the TSA performance regime, in each case through an adjustment to the Concession Payments in accordance with paragraphs 3.13 and
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Performance Regime. The Authority is entitled to make ICT Deductions (under Schedule 5 (Payment Mechanism) of the ICT Contract) and the provisions of this clause 12 shall apply to the administration of and accounting for any such ICT Deductions.
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Performance Regime. (a) Without limiting the Operator's obligations under clause 4, the Operator must perform its obligations under this Agreement in order to meet the Performance Measures. (b) The parties acknowledge and agree that the Performance Measures are only agreed target levels of performance against which the Operator will be assessed by the Principal and the existence of the Performance Measures does not limit the Operator's obligation to meet any other obligations in this Agreement, (c) Subject to section 5.3(g)(ii) of the Services Specification, this clause 7.7(c) only applies where the Operator is a Major Operator. (i) A Performance Abatement may apply in respect of a Performance Failure, in accordance with the Performance Regime to reflect the agreed principle that the Principal will only pay for the quantum and quality of the Services actually provided. (ii) The Operator agrees that the Performance Abatement regime under this Agreement reflects a genuine pre-estimate of the diminished value to the Principal if the Service Provider does not provide the Services in accordance with this Agreement. (iii) Any Performance Abatement payable for any Performance Failure will be a debt due and payable by the Operator to the Principal in accordance with this Agreement and may be set-off (at the Principal's discretion) against the Fee or Drop & Go Services Fee that is otherwise payable by the Principal to the Operator.
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Performance Regime. 13.1 DeductionsRebate The Authority is entitled under the Project Documents to, inter alia, make DeductionsRebates. The provisions of this Clause 13 shall apply to the administration of and accounting for such Rebates Deductions in respect of the Academy.
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Performance Regime. 5.1 The Authority is entitled under Schedule 7 of the Project Agreement to make Unavailability Deductions and Performance Point Deductions. 5.2 The Governing Body shall in relation to the School: 5.2.1 use the Help Desk to report any Service Failures; 5.2.2 promptly report any apparent Unavailability to [the Help Desk] and the Contractor’s Representative and the Authority’s Representative; 5.2.3 review any report of the performance of the Service Provider sent to the Governing Body and notify any inaccuracies relating to the School to the Authority’s Representative.
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Performance Regime 
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Related to Performance Regime

  • Performance Review Where a performance review of an employee’s performance is carried out, the employee shall be given sufficient opportunity after the interview to read and review the performance review. Provision shall be made on the performance review form for an employee to sign it. The form shall provide for the employee’s signature in two (2) places, one (1) indicating that the employee has read and accepts the performance review, and the other indicating that the employee disagrees with the performance review. The employee shall sign in only one (1) of the places provided. No employee may initiate a grievance regarding the contents of a performance review unless the signature indicates disagreement. An employee shall, upon request, receive a copy of this performance review at the time of signing. An employee’s performance review shall not be changed after an employee has signed it, without the knowledge of the employee, and any such changes shall be subject to the grievance procedure of this Agreement. The employee may respond, in writing, to the performance review. Such response will be attached to the performance review.

  • Performance Reporting The State of California is required to submit the following financial reports to FEMA:

  • Performance Framework Service Agreements are a central component of the NSW Health Performance Framework which documents how the Ministry of Health monitors and assesses the performance of public sector health services to achieve expected service levels, financial performance, governance and other requirements.

  • Performance Reviews Supplier will perform a minimum of one review with Sourcewell per agreement year. The review will cover transactions to Participating Entities, pricing and terms, administrative fees, sales data reports, performance issues, supply chain issues, customer issues, and any other necessary information.

  • Performance Reports None Specified