Non-Performance

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Non-Performance

The state of not doing the work one was hired to do. For example, suppose a video editor is hired to produce five 10-minute videos. If the client does not receive the videos in the allotted time and there is no evidence that the editor has done any work, he may be liable for non-performance on the contract. Non-performance may be actionable.
References in periodicals archive ?
In the nonperformance based incentive condition, all the participants received a pencil or took candy at the end of the quiz.
Participants received the material incentives in the nonperformance and performance based incentive conditions after the debriefing.
In this framework, the expected loss ceded is reduced by the expected loss from counterparty nonperformance, and the capital liberated is reduced by the amount of capital required to cover nonperformance risk.
These risks, uncertainties and contingencies include, but are not limited to, the following: whether or not the transaction described in the forgoing news release will be consummated; whether or not such transaction will be cash flow accretive; integrating and managing the newly acquired midstream business with the Partnership's existing coal land management business; competition from other providers of natural gas gathering and processing services; potential equipment malfunction and repair delays; the legislative or regulatory environment; nonperformance by major customers or suppliers; and political and economic conditions, including the impact of potential terrorist acts.
With over a dozen performance and nonperformance majors, a diverse and talented student body representing over 70 countries, and a music industry "who's who" of alumni, Berklee is the world's premier learning lab for the music of today -- and tomorrow.
With over a dozen performance and nonperformance majors, a diverse and talented student body of 3,800 representing over 70 countries, and a music industry "who's who" of alumni, Berklee is the world's premier learning lab for the music of today - and tomorrow.
However, NOR has received regulatory approval for full cost recovery with respect to the PPA, reducing the probability of future nonperformance.
Surety bonds guarantee that third parties, such as developers, will be indemnified against the nonperformance of contractual obligations by construction firms and others.