Cessation of Operation definition

Cessation of Operation means failure of the Manufacturing Establishment to engage in manufacturing and provide finished product(s) into the stream of commerce, except that the Secretary shall have the discretion to determine whether and the duration for which a temporary suspension of Operation due to maintenance, equipment breakdowns, or turnarounds does not constitute a Cessation of Operation.
Cessation of Operation. The certificate subscriber should choose the “cessation of operation” revocation reason code when they no longer own all of the domain names in the certificate or when they will no longer be using the certificate because they are discontinuing their website.
Cessation of Operation has the meaning set forth in Section 11.2(b) hereof.

Examples of Cessation of Operation in a sentence

  • When a reason code is not specified, DigiCert will log the revocation as (4) superseded or (5) Cessation of Operation.

  • Exclusions The Company shall not be liable under this Section for: 1 Normal Upkeep the cost of normal upkeep, maintenance or routine making good of the Insured Property; 2 Cessation of Operation loss, destruction or damage, where the Business of the Insured ceases for a continuous period of 30 days or more unless expressly agreed by the Company.

  • Change of Management or Cessation of Operation 119.01 If upon the change of management, cessation of operations, change of partners in a partnership, change of corporate structure of a corporation, or sale, the Commissioner may suspend a warehouse license.

  • Table 5-2-1 Valuation Breakdown of the Losses Arising from Cessation of Operation and Additional ExpensesValuation Base Date: 6 June 2015 Appraised unit: Jinzhou Rixin Silicon Materials Co., Ltd.

  • Suspension and Cessation of Operation of China Connect Clearing Services and emergency arrangements Without prejudice to its right under Rule 2601, HKSCC may temporarily suspend or restrict the China Connect Clearing Services or any part thereof in its sole and absolute discretion.


More Definitions of Cessation of Operation

Cessation of Operation means that operation of the Project as a "project" within the meaning of the Act shall have ceased. A "Cessation of Operation" shall not be deemed to have occurred, however, until the date occurring 60 days following the date written notice has been given to the Company by the Issuer or the Trustee that operation of the Project shall have ceased and the Company shall not have demonstrated to the satisfaction of the Issuer and the Trustee that the Company (or an assignee or lessee permitted by hereunder) is operating the Project as a "project" within the meaning of the Act.
Cessation of Operation means that the Borrower has ceased, in the opinion of the Issuer and the Trustee, to operate the Project as a "project" within the meaning of the Enabling Act. A Cessation of Operation shall not be deemed to have occurred until 60 days shall have elapsed after written notice has been given to the Borrower by the Issuer or the Trustee that operations at the Project shall have ceased and the Borrower shall not have demonstrated to the satisfaction of the Issuer and the Trustee that the Borrower (or an assignee, lessee or buyer pursuant to Section 8.1 hereof) has resumed the operations of the Project as a "project" within the meaning of the Enabling Act or that the Borrower is, in good faith, seeking to arrange resumption of an economically reasonable operation of the Project as such a "project"; provided that a temporary shutdown due to a strike or other labor dispute, lack of fuel or similar occurrence shall not be deemed a Cessation of Operation.
Cessation of Operation means that as of and after the third Project Year either a failure to maintain at least 10% of Required Jobs or 10% of Required Payroll based at the Facility during any period of more than six consecutive months with the failure to meet any one of those thresholds for that period of time. Company shall also be deemed to have a Cessation of Operation as of the date given in any announcement, required by law, or otherwise, of the curtailing or elimination of operations at the Facility resulting in the definition set forth above.]]
Cessation of Operation means that the Company (or a permitted successor or assignee under Section 9.3) has ceased, in the opinion of the Issuer or the Trustee, to operate the Project as an "industrial project for industry" within the meaning of the Act. A Cessation of Operation shall not be deemed to have occurred until 60 days shall have elapsed after written notice has been given to the Company by the Issuer or the Trustee that operation of the Project shall have ceased and the Company shall not have demonstrated to the satisfaction of the Issuer and the Trustee that the Company (or a permitted successor or assignee under Section 9.3) is operating the Project as an "industrial project for industry" within the meaning of the Act or is in good faith seeking to arrange resumption of an economically reasonable operation of the Project as an "industrial project for industry" within the meaning of the Act.
Cessation of Operation means that the Company (or a permitted successor or assign of the Company under Section 8.1 of the Agreement) has ceased, in the concurrent opinion of the Issuer and the Trustee, to operate the Project as an "industrial project for industry" within the meaning of the Act. A "Cessation of Operation" shall not be deemed to have occurred (a) if the Company is operating, in substitution or replacement for the Project, a facility in North Carolina of similar size and employment levels as previously existed with respect to the Project, or (b) in any event until 60 days shall have elapsed after written notice has been given to the Company by the Issuer or the Trustee that such operation shall have ceased, and the Company shall not have then demonstrated, to the satisfaction of the Issuer and the Trustee, that the Company (or a permitted successor or assign under such Section 8.1) is operating the Project as an "industrial project for industry" within the meaning of the Act or is in good faith seeking to arrange resumption of an economically reasonable operation of the Project as an "industrial project for industry" within the meaning of the Act.
Cessation of Operation shall have the meaning given such term in the Agreement.
Cessation of Operation means that the Project shall have ceased to be operated as a "project" within the meaning of the Act, PROVIDED HOWEVER, that a Cessation of Operation shall not be deemed to have