Operational EOD definition

Operational EOD means an Event of Default that (a) is an Event of Default pursuant to Section 7.3(f), (b) has resulted in an Adverse DOE Impact, (c) in DOE’s reasonable judgment has resulted from, or arisen out of, the Clean Line Entities’ detrimental, harmful, negligent or incompetent management, monitoring, supervision or administration of the construction, operation or maintenance of the Project on a persistent basis and (d) is not otherwise a Fundamental Event of Default.
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Examples of Operational EOD in a sentence

  • Similarly, DOE agrees, upon the occurrence of an Operational EOD and exercise of the remedy described in Section 7.4(a)(v), to grant to DOE’s designated replacement operator(s) a right of access and use in respect of any DOE Acquired Real Property and the AR Facilities for purposes of carrying out the Project.

Related to Operational EOD

  • Operational Control means Security monitoring, adjustment of generation and transmission resources, coordinating and approval of changes in transmission status for maintenance, determination of changes in transmission status for reliability, coordination with other Balancing Authority Areas and Reliability Coordinators, voltage reductions and load shedding, except that each legal owner of generation and transmission resources continues to physically operate and maintain its own facilities.

  • Operational Services the operational services described as such in the Services Description;

  • operational area means the geographical area wherein an operational activity is to take place;

  • Operational Plan means a Forest Stewardship Plan, Woodlot Licence Plan, a Range Use Plan, or Range Stewardship Plan, as those terms are defined in provincial forest and range legislation;

  • Operational Flow Order means any directive issued to a Customer by KUB which requires the Customer to adjust Deliveries to KUB or deliveries of non-Firm gas to the Customer by KUB.