DR Event definition

DR Event means the period of hours in which Seller must provide a Product at such Product’s corresponding Commitment Level.
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DR Event means any unplanned event or condition that renders Customer unable to use the Protected Servers at their on-premise location for their intended computer processing and related business production purposes.
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DR Event when buyer determines that system load conditions require a reduction in electric energy usage or a reduction in demand, where such period shall not be less than four (4) hours.
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Examples of DR Event in a sentence

  • In wholesale markets, the settlement for a DR Event is between the System Operator and Market Participant and possibly between the Market Participant and the Electricity Customer.

  • Therefore also having a simplified representation of the DR Event can simplify the task of consuming the DR signals for these devices.

  • This is the actual business level information that is related to the DR Event.

  • This is an alternative (i.e. simplified) representation of the DR Event information that allows a wider range of automation systems and load controllers to consume DR Events and respond to them.

  • This is information that may aid the DR Logic in determining how best to respond to a DR Event.

  • The advantage of this approach is that the Utility/ISO can publish the DR signals using business logic that directly relates to the conditions on the grid that define the DR Event period.

  • This allows for third party intermediaries to embed information within the DR signal that may be used to satisfy their specific objectives as outlined above.5. Simplified DR Event representation.

  • The Utility/ISO is one example of an organization that is the source of DR Event signals.

  • There are a number of organizations that may send signals to the facility and play a role, either directly or indirectly, in how the loads within a facility are ultimately controlled in response to a DR Event.

  • This is a date and time that specifies when the DR Event is occurring and when the information related to the DR Event is valid.


More Definitions of DR Event

DR Event. A MISO-initiated event requiring the reduction of demand by a Participant providing one or more DR products in MISO’s markets. Demand Response Offer: A standing offer by Customer or ARC to the Company to provide a DRR Type 1, DRR Type 2, EDR, LMR-DR, or LMR-BTMG resource in the MISO markets. This offer will be submitted to MISO by the Company in the MISO Day Ahead Market, Real Time Market, LMR offer process, or EDR offer process as applicable to the Participant’s DR product type. EDR: Emergency Demand Response.
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Related to DR Event

  • Major Event means an event which is likely to pose a serious risk to public health in relation to medicinal products in more than one Member States. Such an event concerns a deadly threat or otherwise serious threat to health of biological, chemical, environmental or other origin or incident that can affect the supply or quality, safety, and efficacy of medicinal products. Such an event may lead to shortages of medicinal products in more than one Member State and necessitates urgent coordination at Union level in order to ensure a high level of human health protection.

  • ii) Event means any event described in Section 11(a)(ii) hereof.

  • Flip-Over Event means any event described in clause (x), (y) or (z) of Section 13(a) hereof.

  • Flip-in Event means a transaction in or pursuant to which any Person becomes an Acquiring Person;

  • Public event means any event that can be attended by the

  • Adjustment Event means each of the following events:

  • Change of Control Triggering Event means the occurrence of both a Change of Control and a Rating Event.

  • Recapitalization Event means any event of share combination or subdivision, distribution of bonus shares or any other similar reclassification, reorganization or recapitalization of the Company’s share where the shareholders retain their proportionate holdings in the Company.

  • Put Event means the occurrence of any of the following:

  • Realization Event means (i) the consummation of a Sale of the Company; or (ii) any transaction or series of related transactions in which the Investor sells at least 50% of the Shares directly or indirectly acquired by it (from the Company or otherwise) and at least 50% of the aggregate of all Investor Investments.

  • Book-Up Event means an event that triggers a positive adjustment to the Capital Accounts of the Partners pursuant to Section 5.5(d).

  • Acquisition Event means a merger or consolidation in which the Company is not the surviving entity, any transaction that results in the acquisition of all or substantially all of the Company’s outstanding Common Stock by a single person or entity or by a group of persons and/or entities acting in concert, or the sale or transfer of all or substantially all of the Company’s assets.

  • Reclassification Event means any of the following: (a) any reclassification or recapitalization of PubCo Shares (other than a change in par value, or from par value to no par value, or from no par value to par value, or as a result of a subdivision or combination or any transaction subject to Section 4.1(e)), (b) any merger, consolidation or other combination involving PubCo, or (c) any sale, conveyance, lease or other disposal of all or substantially all the properties and assets of PubCo to any other Person, in each of clauses (a), (b) or (c), as a result of which holders of PubCo Shares shall be entitled to receive cash, securities or other property for their PubCo Shares.

  • Extraordinary Adjustment Event means any of the following events as they relate to the Reference In- strument:

  • Change of Control Transaction means the occurrence after the date hereof of any of (a) an acquisition after the date hereof by an individual or legal entity or “group” (as described in Rule 13d-5(b)(1) promulgated under the Exchange Act) of effective control (whether through legal or beneficial ownership of capital stock of the Company, by contract or otherwise) of in excess of 33% of the voting securities of the Company (other than by means of conversion or exercise of the Debentures and the Securities issued together with the Debentures), (b) the Company merges into or consolidates with any other Person, or any Person merges into or consolidates with the Company and, after giving effect to such transaction, the stockholders of the Company immediately prior to such transaction own less than 66% of the aggregate voting power of the Company or the successor entity of such transaction, (c) the Company sells or transfers all or substantially all of its assets to another Person and the stockholders of the Company immediately prior to such transaction own less than 66% of the aggregate voting power of the acquiring entity immediately after the transaction, (d) a replacement at one time or within a three year period of more than one-half of the members of the Board of Directors which is not approved by a majority of those individuals who are members of the Board of Directors on the Original Issue Date (or by those individuals who are serving as members of the Board of Directors on any date whose nomination to the Board of Directors was approved by a majority of the members of the Board of Directors who are members on the date hereof), or (e) the execution by the Company of an agreement to which the Company is a party or by which it is bound, providing for any of the events set forth in clauses (a) through (d) above.

  • Company Termination Event means any of the following:

  • Exercise Termination Event (i) the Effective Time (as defined in the Merger Agreement) of the Merger; (ii) termination of the Merger Agreement in accordance with the provisions thereof if such termination occurs prior to the occurrence of an Initial Triggering Event, except a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional); or (iii) the passage of 12 months after termination of the Merger Agreement if such termination follows the occurrence of an Initial Triggering Event or is a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional) (provided that if an Initial Triggering Event continues or occurs beyond such termination and prior to the passage of such 12-month period, the Exercise Termination Event shall be 12 months from the expiration of the Last Triggering Event but in no event more than 18 months after such termination). The "Last Triggering Event" shall mean the last Initial Triggering Event to expire. The term "Holder" shall mean the holder or holders of the Option.

  • Change of Control Repurchase Event means the occurrence of both a Change of Control and a Below Investment Grade Rating Event.

  • Reorganization Event has the meaning specified in Section 5.6(b).

  • Section 11(a)(ii) Event means any event described in Section 11(a)(ii) hereof.

  • Dissolution Event means (i) a voluntary termination of operations, (ii) a general assignment for the benefit of the Company’s creditors or (iii) any other liquidation, dissolution or winding up of the Company (excluding a Liquidity Event), whether voluntary or involuntary.

  • Merger Event shall have the meaning specified in Section 14.07(a).

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

  • Section 13 Event means any event described in clauses (x), (y) or (z) of Section 13(a) hereof.

  • Change of Control means the occurrence of any of the following events:

  • Extraordinary Common Stock Event means (i) the issue of additional shares of the Common Stock as a dividend or other distribution on outstanding Common Stock, (ii) subdivision of outstanding shares of Common Stock into a greater number of shares of the Common Stock, or (iii) combination of outstanding shares of the Common Stock into a smaller number of shares of the Common Stock.