Grid Event definition
Grid Event means (i) any constraint, unavailability, interruption, breakdown, inoperability, failure or disconnection of a Unit or the Facility from the whole or part of the Grid; or (ii) any failure or delay in the connection or reconnection of a Unit or the Facility to the Grid, in each case other than where such event or circumstance, despite the exercise of Prudent Practice cannot be prevented, avoided or removed by the Project Company, Contractor or sub-contractor thereof.
Grid Event means: «Ցանցին Առնչվող Դեպք» նշանակում է՝
Examples of Grid Event in a sentence
By the Town in the event of: (i) an incurable Medway Grid Event of Default pursuant to Section 20; or (ii) a Medway Grid Event of Default pursuant to any other provision of this Agreement which is not cured within eighteen (18) months of the date of the Event of Default and which failure to earlier cure is due to an event of Force Majeure as set forth below.
In the event of a Medway Grid Event of Default under Section 20.A.ii of this Agreement, and the failure to cure within 30 days of after notification by the Town of the Event of Default, the Town, subject to any limitations under Applicable Laws, shall add to any amount due and owing a 12% interest charge per year, prorated for the length of such Medway Grid Event of Default.