Discharge Event definition

Discharge Event means, subject to Clause 23.2 (Avoidance of Payments), (i) the Loans, together with interest, Fees, and all other Obligations under the Credit Documents (other than contingent obligations, Secured Cash Management Obligations, Secured Hedge Obligations and Secured Bank Product Obligations), shall have been satisfied by payment in full and (ii) any Commitments shall have been terminated.
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Discharge Event means a continual flow of wastewater or storm water regulated under the terms and conditions of this general permit to waters of the State.
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Discharge Event means the completion of the Class B Shareholders’ purchase of Class A Shares pursuant to Section 6.1 of the Shareholders Agreement (as evidenced by the Class A Shareholders’ receipt in full of the Exit Price).
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Examples of Discharge Event in a sentence

  • Specific discharge rates are not indicated for each fuel type as these would vary from a few minutes to several hours, based on the source of leak or puncture.List of hazardous materials, potential discharge events, potential discharge volumes (worst case scenario in brackets) and direction of potential discharge Material (sources) Potential Discharge Event 5.

  • Table 2: List of hazardous materials, potential discharge events, potential discharge volumes (worst case scenario in brackets) and direction of potential dischargeMaterial (sources)Potential Discharge Event leaking drum in/outside fuel storage area.5. All drums punctured and leaking at once (very unlikely) Propane (kitchen stove and fridge)1.

  • For each Unpermitted Discharge Event of 5,000 gallons or less, a stipulated penalty may be assessed as follows: Within two to five years from the Date of Entry, $250.

  • A Discharge Event is defined as any discharge at this discharge point.

  • The sampling for Whole Effluent Toxicity (WET) test shall be taken the last day of a PIQ Discharge Event.

  • Upon such Discharge Event, at the Debtors’ discretion, the Discharged Property or any designation rights with respect thereto, may be transferred to the Liquidation Trust, free and clear of all Guaranty Bank Secured Claims, but subject to all valid Liens senior to the Guaranty Bank Secured Claims and the Debtors’ rights pursuant to 11 U.S.C. § 506(c) with respect to such property.

  • New Zealanders have access to natural disaster insurance and reinsurance;3.

  • Using a Likert scale, the IDEA Student Ratings of Instruction Short Form is an instrument for students to evaluate the instructor and course (IDEA Education, 2002).

  • Baltimore will pay stipulated penalties to the United States and the State of Maryland for each day it fails to submit a revised Emergency Response Plan (Paragraph 16) and Discharge Event Reports (sub-paragraph 17.a) by the dates required in the Consent Decree for the submittal of such plan/reports.

  • Unit Price = the Contract price of the Performance Requirement - Surface Course item, or $25.00 for HMA pavement and $100.00 for concrete pavement when the hot mix and pavement construction is paid by lump sum item.


More Definitions of Discharge Event

Discharge Event means discharge of sewage from a zero discharge structure's system that flows into the metropolitan sewerage facilities.
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Discharge Event means the indefeasible payment in full of all Obligations.
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Discharge Event means the payment in full (or cancellation in the case of letters of credit or bankers' acceptances) of all Obligations and the termination of all Commitments.
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Discharge Event means time period between start of stormwater discharge and cessation of stormwater discharge from the stormwater management pond;
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Discharge Event shall have occurred if the Executive shall have received a copy of a resolution duly adopted by the affirmative vote of a majority of the members of the Compensation Committee of the Board finding that, upon the recommendation of and for the reasons cited by the Chairman of the Company, the Executive is no longer discharging his duties in a manner consistent with the effective administration of the affairs of the Company and hence the continued employment of the Executive is no longer in the best interest of the Company.
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Discharge Event means either (a) the consummation of the Reorganization or (b) a determination by an authorized officer of the Company not to complete the Reorganization.
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Related to Discharge Event

  • discharge pipe means a pipe from which discharges are made or are to be made under Section 165(1) of the 1991 Act; "disposal main" means (subject to Section 219(2) of the 1991 Act) any outfall pipe or other pipe which-

  • Discharge plan means the written plan that establishes the criteria for an individual's discharge from a service and identifies and coordinates delivery of any services needed after discharge.

  • Discharge Point means the location from which drainage water from a site is released.

  • Average monthly discharge limitation means the highest allowable average of “daily discharges” over a calendar month, calculated as the sum of all “daily discharges” measured during a calendar month divided by the number of “daily discharges” measured during that month.

  • Discharge of Senior Obligations means the date on which the Discharge of Credit Agreement Obligations and the Discharge of each Additional Senior Debt Facility has occurred.

  • Discharge of ABL Obligations has the meaning specified in the Intercreditor Agreement.

  • Final Discharge Date means the later to occur of the Senior Secured Discharge Date, the Second Lien Discharge Date, the High Yield Discharge Date and the Unsecured Discharge Date.

  • Discharge (of a pollutant) means any addition of any pollutant or combination of pollutants to waters of the United States from any point source; or any addition of any pollutant or combination of pollutants to the waters of the contiguous zone or ocean from any point source other than a vessel or other floating craft which is being used as a means of transportation.

  • Discharge planning means the formal process for determining, prior to discharge from a facility, the coordination and management of the care that a patient receives following discharge from a facility.

  • Average weekly discharge limitation means the highest allowable average of “daily discharges” over a calendar week, calculated as the sum of all “daily discharges” measured during a calendar week divided by the number of “daily discharges” measured during that week.

  • Release Event has the meaning set forth in Section 6(b).

  • Discharge Date means the date on which the Obligations have been unconditionally and irrevocably paid in full and all Letters of Credit terminated or Cash Collateralized, except for contingent obligations under the Loan Documents which by their terms survive.

  • Discharge for Cause means a discharge resulting from Employee having (i) committed any act involving moral turpitude, dishonesty, or fraud that, in the good faith opinion of Company, causes a material harm to Company, (ii) failed or refused to follow legal and reasonable policies or directives established and previously given to Employee in writing by Company, (iii) willfully failed to attend to his duties after ten (10) days prior written notice of failure to so act, (iv) committed acts amounting to gross negligence or willful misconduct to the material detriment of Company, or (v) otherwise materially breached any of the terms or provisions of this Agreement after ten (10) days prior written notice of such material breach and failure to cure such breach. Employee shall be deemed to have been discharged for cause upon delivery to Employee of a "Notice of Termination" stating the "Date of Termination" and specifying the particulars of the conduct justifying discharge for cause. Furthermore, if the Employee is terminated without cause, then the Company agrees, if requested by Employee for the sole purpose of exercising any vested options that Employee has the right to exercise, to loan to the Employee an amount equal to (i) the full exercise price of all vested options that the Employee has the right to exercise less (ii) the par value of such shares as are to be exercised. The terms of the loan shall be that it shall be (a) secured by the stock to be purchased, (b) be otherwise non-recourse to the Employee, (c) bear interest at the prime rate of interest as published from time to time in The Wall Street Journal, and (d) be fully due and payable, principal and interest, two (2) years from the date of termination.

  • Discharge of Senior Lender Claims means, except to the extent otherwise provided in the Intercreditor Agreement, payment in full in cash (except for contingent indemnities and cost and reimbursement obligations to the extent no claim has been made) of (a) all Obligations in respect of all outstanding First Priority Lien Obligations and, with respect to letters of credit or letter of credit guaranties outstanding thereunder, delivery of cash collateral or backstop letters of credit in respect thereof in compliance with the Revolving Credit Agreement, in each case after or concurrently with the termination of all commitments to extend credit thereunder and (b) any other First Priority Lien Obligations that are due and payable or otherwise accrued and owing at or prior to the time such principal and interest are paid; provided that the Discharge of Senior Lender Claims shall not be deemed to have occurred if such payments are made with the proceeds of other First Priority Lien Obligations that constitute an exchange or replacement for or a refinancing of such Obligations or First Priority Lien Obligations. In the event the First Priority Lien Obligations are modified and the Obligations are paid over time or otherwise modified pursuant to Section 1129 of the Bankruptcy Code, the First Priority Lien Obligations shall be deemed to be discharged when the final payment is made, in cash, in respect of such indebtedness and any obligations pursuant to such new indebtedness shall have been satisfied.

  • Discharge of Term Obligations shall have the meaning provided in the Intercreditor Agreement.

  • Discharge of First Lien Obligations shall have the meaning assigned to such term in the Intercreditor Agreement.

  • Senior Discharge Date means the first date on which all of the Senior Debt (other than contingent indemnification obligations) has been paid indefeasibly in full in cash and all commitments of Senior Lenders under the Senior Loan Documents have been terminated.

  • Discharge of Obligations subject to Section 10.8, the satisfaction of the Obligations (including all such Obligations relating to Cash Management Services) by the payment in full, in cash (or, as applicable, Cash Collateralization in accordance with the terms hereof) of the principal of and interest on or other liabilities relating to each Loan and any previously provided Cash Management Services, all fees and all other expenses or amounts payable under any Loan Document (other than inchoate indemnification obligations and any other obligations which pursuant to the terms of any Loan Document specifically survive repayment of the Loans for which no claim has been made), and other Obligations under or in respect of Specified Swap Agreements and Cash Management Services, to the extent (a) no default or termination event shall have occurred and be continuing thereunder, (b) any such Obligations in respect of Specified Swap Agreements have, if required by any applicable Qualified Counterparties, been Cash Collateralized, (c) no Letter of Credit shall be outstanding (or, as applicable, each outstanding and undrawn Letter of Credit has been Cash Collateralized in accordance with the terms hereof), (d) no Obligations in respect of any Cash Management Services are outstanding (or, as applicable, all such outstanding Obligations in respect of Cash Management Services have been Cash Collateralized in accordance with the terms hereof), and (e) the aggregate Commitments of the Lenders are terminated.

  • Discharge of Second Lien Obligations means the occurrence of all of the following:

  • Maximum daily discharge limitation means the highest allowable “daily discharge.”

  • Satisfaction Date has the meaning set forth in Section 2.6.

  • Collateral Default Amount means, with respect to any Distribution Date, the product of the Investor Default Amount for such Distribution Date and the Collateral Floating Percentage.

  • Discharger , as used herein, means, as appropriate: (1) the Discharger, (2) the local sewering entity (when the collection system is not owned and operated by the Discharger), or (3) "indirect discharger" (where "Discharger" appears in the same paragraph as "indirect discharger”, it refers to the discharger.)

  • Swap Provider Trigger Event A Swap Termination Payment that is triggered upon: (i) an Event of Default under the Interest Rate Swap Agreement with respect to which the Swap Provider is a Defaulting Party (as defined in the Interest Rate Swap Agreement), (ii) a Termination Event under the Interest Rate Swap Agreement with respect to which the Swap Provider is the sole Affected Party (as defined in the Interest Rate Swap Agreement) or (iii) an Additional Termination Event under the Interest Rate Swap Agreement with respect to which the Swap Provider is the sole Affected Party.

  • Trigger Event shall have the meaning specified in Section 14.04(c).

  • Condition Satisfaction Date shall have the meaning set forth in Section 7.2.