Примеры использования Performance obligation на Английском языке и их переводы на Русский язык
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Official
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Colloquial
Identify the performance obligations in the contract;
Recognise revenue when(or as)the entity satisfies a performance obligation.
Performance obligation for voluntary contributions Agreements.
Step 2: Identify the performance obligations in the contract;
Step 5: Recognise revenue when(or as)the entity satisfies a performance obligation.
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Seesam shall not be released from the performance obligation if it fails to notify the policyholder of the one-year limitation period.
The Group's contracts with customers for the sale of vehicles generally include one performance obligation.
Upon the cancellation of insurance contract, Salva Kindlustus shall retain the performance obligation for insured events that have occurred during the validity of contract.
General Terms andConditions 1/2018 to increase the insured risk and this breach has affected the occurrence of the insured event and Seesam's performance obligation;
It was indicated that the word"specified" referred to the performance obligation and not the relevant rights.
If future performance obligations exist such income should be deferred over the performance obligation period or useful life of the equipment whichever comes earlier.
Insured Event is an event agreed in the Insurance Contract whose occurrence means that the Insurer must perform its performance obligation arising from the contract.
In establishing the existence of Seesam's performance obligation, the ratio of insurance premiums paid to the insurance premiums, which would have been payable if notice had been given of the circumstance, shall also be taken into account.
Combustion asserts that it has continued to pay service charges to Lloyds Bank PLC in respect of three"demand" guarantees supporting delivery and performance obligations of Combustion under the contract.
Seesam's performance obligation becomes collectible if all the operations necessary for identification of the occurrence of an insured event, Seesam's performance obligation and the extent thereof have been completed in loss adjustment.
If the insurance premium or the first instalment that has fallen due has not been paid by the time of the occurrence of an insured event,Seesam shall be released from its performance obligation.
If Seesam has incurred the performance obligation, Seesam shall not have the obligation to pay the insurance indemnity before the person entitled to receive the insurance indemnity(i.e. the policyholder or a beneficiary indicated in the policy) has communicated the name and current account number of the recipient of the insurance indemnity to Seesam.
The Group recognizes revenue from sales of crude oil, petroleum products, gas and other products andservices when it satisfies a performance obligation and control over goods and services is passed.
The amendments clarify how to identify a performance obligation(the promise to transfer a good or a service to a customer) in a contract; how to determine whether a company is a principal(the provider of a good or service) or an agent(responsible for arranging for the good or service to be provided); and how to determine whether the revenue from granting a licence should be recognised at a point in time or over time.
At initial recognition, its cost is measured at fair value, or the construction cost of transferred equipment, anda corresponding amount is recognised as other income as the Group has no future performance obligations.
Transfers of cash assistance are initially reported as an advance on the statement of financial position where there are performance obligations imposed on the implementing partner, and they are expensed when UNICEF is satisfied that those performance obligations are met.
The policyholder breached an obligation due to gross negligence, which had to be performed with respect to Seesam after the occurrence of an insured event, andthis breach affected the identification of the insured event or Seesam's performance obligation;
If the policyholder has submitted to Seesam a claim for indemnification of loss and Seesam has notified of the refusal to indemnify the loss or of reduction of the insurance indemnity,Seesam shall be released of the performance obligation if the policyholder does not file an action with a court within one year after the receipt of the decision on refusal to indemnify the loss or reduction of the insurance indemnity from Seesam.
If Seesam has not completed the loss adjustment within the term prescribed in sections 21.3-21.3.2, but the occurrence of the insured event has been proven,the policyholder may demand that Seesam pay money to the extent that corresponds to the performance obligation identified by that time.
If the policyholder, the insured person or the beneficiary waives a claim against the person who caused the loss(or waives the right that secures such claim),Seesam shall be released from its performance obligation insofar as Seesam could have claimed indemnification on the basis of the claim or right.
If the policyholder breaches an obligation whose purpose was to reduce the probability of materialisation of an insurance risk, seesam may reduce indemnity orrefuse to pay out indemnity if such a breach had an impact on the occurrence of the insured event and the performance obligation of seesam.
If the Group agrees to transport goods to a specified location(typically under contracts based on certain Incoterms bases),revenue is split into two performance obligations- sale of goods and rendering of transportation services.
In such systems, a security right may extend to all secured monetary and non-monetary obligations owed to the secured creditor and secured by the security right, including principal, costs, interest and fees,as well as performance obligations and other contingent obligations. .
If Seesam has given an additional term for payment of the insurance premium and an insured event occurs after the expiry of the term without the policyholder having paid the insurance premium by the time of occurrence of the insured event,Seesam shall be released from its performance obligation, unless the failure to pay the insurance premium occurred due to a circumstance independent of the policyholder.
The possibility that a party can claim exemption under article 79 for a failure to perform, or that the other party cannot rely on thefailure to perform under article 80, are in effect implied limitations on the performance obligations provided for in the Convention.