Dormant Status definition

Dormant Status means the idled, non-operated (other than maintenance and other minimal customary operations required by Law), non-producing status of a facility.
View Source

Examples of Dormant Status in a sentence

  • Failure to meet administration requirements may result in activation of Dormant Status and/or Off-Ramping (See Sections H.16.

  • Failure to meet the following deliverables, reports, or compliance standards may result in activation of Dormant Status and/or result in a Contractor being Off-Ramped (See Sections H.16.

  • Failure of Contractor Key Personnel to effectively and efficiently perform their duties will be construed as conduct detrimental to contract performance and may result in activation of Dormant Status and/or Off-Ramping (See Sections H.16.

  • Immediately upon vertical on-ramping to OASIS unrestricted, the Contractor is eligible to submit a proposal in response to any task order solicitation and receive task order awards with the same rights and obligations as any other Contractor; however, the Contractor will be placed on Dormant Status under their OASIS SB Pool.

  • Failure to adhere to proper ethics and conduct may result in activation of Dormant Status and/or result in a Contractor being Off-Ramped (Sections H.16.

  • After the execution of a novation agreement or, after a merger or acquisition that does not require a novation, if the Contractor’s size standard changes from a small business concern to other than a small business concern and the Contractor has active task orders, including the exercise of options and modifications at the task order level, the Contractor shall be placed in Dormant Status immediately in accordance with Section H.

  • Failure to attend meetings, maintain a Contractor OASIS SB webpage, or otherwise not comply with this section may result in activation of Dormant Status and/or result in a Contractor being Off-Ramped (See Sections H.16.

  • Failure to attend meetings, maintain a Contractor OASIS webpage, or otherwise not comply with this section may result in activation of Dormant Status and/or result in a Contractor being Off-Ramped (See Sections H.16.

  • Immediately upon lateral Pool ramping to OASIS SB, the Contractor is eligible to submit a proposal in response to any task order solicitation and receive task order awards with the same rights and obligations as any other Contractor within the new Pool(s); however, the Contractor will be placed on Dormant Status under the OASIS SB Pool(s) the Contractor is no longer eligible under (if applicable).

  • List of Contractors not eligible for solicitations and awards due to Dormant Status or Off-Ramped, if necessary.

Related to Dormant Status

  • Permanent status means the state an employee attains after satisfactorily completing an

  • Dormant Account means the Customer’s trading account in which there have been no trades for a period of more than 60 Calendar days.

  • REIT Status means, with respect to any Person, (a) the qualification of such Person as a real estate investment trust under the provisions of Sections 856 et seq. of the Code and (b) the applicability to such Person and its shareholders of the method of taxation provided for in Sections 857 et seq. of the Code.

  • Dormant means a trader’s Account which had no Client-initiated activity for the past 180 days.

  • Inactive status means the status of those members of the national guard who are listed on an inactive list authorized by a federal statute or regulation.