ESC Event definition
Examples of ESC Event in a sentence
An ESC Adjustment may be positive or negative, as provided in Exhibit Q - ESC Event Adjustment.
In connection with each ESC Event during the Term, an adjustment in the payment due to Seller from Company shall be made for the billing period during which the ESC Event occurs (an “ESC Adjustment”), based upon the availability of the Facility [on natural gas fuel and/or fuel oil if applicable] during the ESC Event as set forth in Exhibit Q - ESC Event Adjustment.