RTO Clause Samples
The RTO (Recovery Time Objective) clause defines the maximum acceptable amount of time that a system, application, or process can be unavailable after a disruption before it must be restored to normal operation. In practice, this clause sets a specific timeframe—such as four hours or one business day—within which services must be recovered following an outage or disaster. By establishing clear expectations for recovery timelines, the RTO clause helps organizations plan for business continuity and ensures that both parties understand the urgency and requirements for restoring critical functions, thereby minimizing operational and financial impacts.
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RTO. An independent entity that complies with Order No. 2000 and FERC’s corresponding regulations (or an entity that complies with all such requirements except for the scope and regional configuration requirements), as determined by the FERC.
RTO. An independent entity that complies with Order No. 2000 and FERC’s corresponding regulations (or an entity that complies with all such requirements except for the scope and regional configuration requirements), as determined by the FERC. Schedule 22 Large Generator Interconnection Agreement. The interconnection agreement included in Schedule 22 of the ISO OATT. Schedule 23 Small Generator Interconnection Agreement. The interconnection agreement included in Schedule 23 of the ISO OATT.
RTO. The Recovery Time Objective (RTO) for the Vendor System is 4 hours.
RTO. In connection with the Conversion, Lender agrees to take such action as is necessary such that Pubco shall issue to the pre-Conversion shareholders of Borrower 40,000 subordinate voting shares (determined by 1,000,000 divided by $25.00 per share) or, if requested by Pubco to maintain foreign private issuer status, proportionate voting shares in Pubco (the “In- Kind Payment”). The In-Kind Payment will be conditioned on Borrower’s pre-Conversion shareholders’ execution of such subscription or other stock agreements as Pubco shall reasonably request, which agreements will contain such terms and provisions as are customary for an issuance of this type and which are required by Pubco in its reasonable opinion. For purposes of this Agreement, “RTO Transaction” shall mean Lender’s pending listing on the Canadian stock exchange through a multi-step reorganization/reverse takeover transaction or otherwise, the end result of which is that equity holders of Lender shall have exchanged all of such equity in Lender for shares of stock of a public company on the Canadian stock exchange (“Pubco”). Notwithstanding any provision of this Agreement to the contrary, the terms of this Section 2.8 shall survive the satisfaction by the Borrower of its Obligations and shall remain in effect for a period of ten (10) years from the date hereof. ARTICLE
RTO. Seller acknowledges and agrees that Buyer's current intention is to cause all of the membership and other interests of Recovery Technology Operations, LLC, an Illinois limited liability company, held by RTG to be transferred to Holdco 2 LLC after the Closing.
RTO. RTO hereby agree to indemnify and defend Mr. ▇▇▇▇ ▇▇▇ to hold Mr. ▇▇▇▇ ▇▇▇lly harmless from and against any and all losses, liabilities, damages, deficiencies, costs (including, without limitation, court costs), and expenses (including, without limitation, attorneys' fees) incurred by Mr. ▇▇▇▇ ▇▇ any Related Person and arising out of or due to any breach of any representation, warranty, covenant or agreement of RTO contained in this Agreement.