O & M Default definition

O & M Default means any default on the part of the Power Producer for a continuous period of ninety (90) days to (i) operate and/or (ii) maintain (in accordance with Prudent Utility Practices), the Project at all times.
Sample 1Sample 2Sample 3
O & M Default means default on the part of the Company for a continuous period of ninety (90) days to (i) operate and (ii) maintain (in accordance with Prudent Utility Practices), the Project at all times during the period of availability of Fuel for generation.
Sample 1Sample 2Sample 3
O & M Default means any default on the part of the Company to operate and maintain any of the Units of the Project at all times and with due diligence during the period of availability of water for generation, for a continuous period of 90 days.
Sample 1Sample 2Sample 3

Examples of O & M Default in a sentence

  • Recasting the data in this form results in a sig- nificant increase in the symmetry of the distribution.

  • Clause (a) of Article 9.2.1 is O & M Default on part of Power Producer and Clause 9.2.1 (f) mentions that not operating the plant as per GERC’s Grid Code, SLDC instruction and prudent utility practices of industries also constitutes event of default on part of the Petitioner as Power Producer.

  • So the appear- ance of an infinite number of Goldstone fields in any nonlinear realization of K seems inevitable.

  • Mr. Amit Kapoor has also referred the definitions of PPA viz, (a) Due Date of Payment, (b) O & M Default, (c) Project, &(d) Prudent Utility Practices and submitted that the aforesaid definitions are relevant in this case to consider by the Commission.


More Definitions of O & M Default

O & M Default means any default on the part of the Company for a continuous period of ninety (90) days to (i) operate and/or (ii) maintain (in accordance with Prudent Utility Practices), any of the generating units of the projects at all times and with due diligence during the period of availability of adequate wind velocity for generation;
Sample 1
O & M Default means any default on the part of the Company for a continuous period of ninety (90) days to (i) operate and/or (ii) maintain (in accordance with Prudent Utility Practices), the Project at all times during the period of availability of Fuel for generation. “O & M Default” shall mean any default on the part of the Company for a continuous period of ninety (90) days to (i) operate and/or (ii) maintain (in accordance with Prudent Utility Practices), the Project at all times during the period of availability of Fuel for generation.. “Project” means a Biomass Based/Agricultural Residue Based Power Station proposed to be established by the Company at ..................................... in Karnataka State comprising of Units with an individual capacity of MW and a total installed capacity of ......MW and shall include land, buildings, plant, machinery, ancillary equipment, material, switchgear, transformers, protection equipment and the like necessary to deliver the Electricity generated by the Project to …… ESCOM at the Delivery Point. “Project” means a Biomass Based/Agricultural Residue Based Power Station proposed to be established by the Company at .....................................
Sample 1Sample 2
O & M Default means any default on the part of the Power Producer for a continuous period of ninety (90) days to
Sample 1

Related to O & M Default

  • MI Default has the meaning in paragraph 6 of Framework Schedule 8 (Management Information);

  • Lease Event of Default Lease Default," "Majority in Interest of Note Holders," "Make-Whole Amount" or "Note Holder," or the percentage of Note Holders required to take or approve any action hereunder, (ii) reduce the amount, or change the time of payment or method of calculation of any amount, of Original Amount, Make-Whole Amount, if any, or interest with respect to any Equipment Note, or alter or modify the provisions of Article III hereof with respect to the order of priorities in which distribution thereunder shall be made as among the Note Holders, the Owner Trustee and Lessee, (iii) reduce, modify or amend any indemnities in favor of the Owner Trustee, the Mortgagee or the Note Holders (except that the Owner Trustee (in its individual capacity) or the Mortgagee, as the case may be, may consent to any waiver or reduction of an indemnity payable to it) or the other Indenture Indemnitees, (iv) consent to any change in the Trust Indenture or the Lease which would permit redemption of Equipment Notes earlier than permitted under Section 2.10 or 2.11 hereof or the purchase or exchange of the Equipment Notes other than as permitted by Section 2.13 hereof, (v) except as contemplated by the Lease or the Participation Agreement, reduce the amount or extend the time of payment of Basic Rent, Stipulated Loss Value, or Termination Value for the Aircraft in each case as set forth in the Lease, or modify, amend or supplement the Lease or consent to any assignment of the Lease, in either case releasing Lessee from its obligations in respect of the payment of Basic Rent, Stipulated Loss Value or Termination Value for the Aircraft or altering the absolute and unconditional character of the obligations of Lessee to pay Rent as set forth in Sections 3 and 16 of the Lease or (vi) permit the creation of any Lien on the Trust Indenture Estate or any part thereof other than Permitted Liens or deprive any Note Holder of the benefit of the Lien of this Trust Indenture on the Trust Indenture Estate, except as provided in connection with the exercise of remedies under Article IV hereof.

  • Owner Event of Default has the meaning set forth in Section 12.2.

  • Default means any event which is, or after notice or passage of time or both would be, an Event of Default.

  • Major Default means any Event of Default occurring under Sections 4.1(a) or 4.1(k).

  • Potential Default means the occurrence of any event or condition which, with the giving of notice, the passage of time, or both, would constitute an Event of Default.

  • Payment Event of Default means an Event of Default specified in Section 7.1(a).

  • Material Event of Default means the occurrence of an Event of Default (as defined in the Senior Unsecured Loan Agreement) under any of the following sections of the Senior Unsecured Loan Agreement:

  • Lease Default means any event or condition which, with the lapse of time or the giving of notice, or both, would constitute a Lease Event of Default.

  • Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).

  • Indenture Event of Default means an "Event of Default" as defined in the Indenture.

  • Issuer Event of Default means the occurrence of any of the following events: