Glossary entry (derived from question below)
English term or phrase:
Performance Guarantee Shortfall Notice
Arabic translation:
إخطار الإخلال بضمان/ كفالة حسن التنفيذ
Added to glossary by
aya omar
Jan 9 11:29
4 mos ago
13 viewers *
English term
Performance Guarantee Shortfall Notice
English to Arabic
Law/Patents
Law (general)
8.1.1 The termination right set out in Clause 11.4.1 above shall not be applicable and shall be deemed to have been waived by the Owner if, subject to Clause 11.4.4, the Operator pays to the Owner within ninety (90) days of its receipt of the Owner’s Performance Guarantee Shortfall Notice, an amount equal to the shortfall between the actual achieved GOP and eighty percent (80)% of the budgeted GOP in the second of the two (2) Relevant Fiscal Years (the “Cure”).
Proposed translations
(Arabic)
4 | إخطار الإخلال بضمان/ كفالة حسن التنفيذ | Reem Mansour |
4 +1 | إخطار بالقصور في ضمان الأداء | Omnia Kamel |
4 | إخطار بالتقصير بشأن ضمان حسن الأداء | Mona Shalabi |
Proposed translations
38 mins
Selected
إخطار الإخلال بضمان/ كفالة حسن التنفيذ
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4 KudoZ points awarded for this answer.
+1
18 mins
إخطار بالقصور في ضمان الأداء
Similar to a performance bond, which is "[...] issued to one party of a contract as a guarantee against the failure of the other party to meet the obligations of the contract.".
4 days
إخطار بالتقصير بشأن ضمان حسن الأداء
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