Operational Event definition

Operational Event means a material disruption in communication, commercial banking or securities depository services provided to the Issuer or other similar third party events beyond the control of the Issuer that has prevented or will prevent the Issuer and/or the applicable paying agent from making payments on any CP in a timely manner;
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Operational Event means an event in case of which threat or violation of nuclear safety has occurred at a nuclear installation during the commissioning of the nuclear installation, during its operation, during the decommissioning stage or during the closure of repository.
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Operational Event means (a) the failure of the facility made the subject of this Agreement to operate or function as designed with respect to the injection, storage or withdrawal of Gas, including but not limited to the loss of Customer’s Gas at the facility; (b) the failure of the Customer’s Gas nominated for withdrawal and delivery to meet the Pipeline Requirements; (c) the curtailment of Gas receipts from Ryckman Creek by a Receiving Pipeline due to the failure to meet the Pipeline Requirements; (d) the curtailment or interruption of storage services, either partially or completely for reasons attributable to Ryckman Creek’s storagefacility or storage operations; (e) the unavailability of Primary Points of Receipt and Delivery for reasons attributable to Ryckman Creek’s storage facility or storage operations; or (f) the inability of the Customer to fully utilize all of its rights under this Agreement, including its Maximum Storage Quantity, Maximum Daily Injection Quantity, Maximum Daily Withdrawal Quantity, Storage Injection Ratchets, Storage Withdrawal Ratchets and/or Maximum Daily Delivery Quantities and/or Maximum Daily Receipt Quantities, to deliver or receive any portion of Customer’s nominated Gas for reasons attributable to Ryckman Creek’s storage facility or storage operations;
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Examples of Operational Event in a sentence

  • For purposes of this permit, A Single Operational Event which leads to simultaneous violations of more than one pollutant parameter shall be treated as a single violation.

  • An organization is not able to combine any Operational, Event, or Travel Request submitted at a later timestamp into a request that was submitted at an earlier timestamp for any reason.

  • For purposes of this permit, A Single Operational Event which leads to simultaneous violations of more than one pollutant parameter must be treated as a single violation.

  • The Deficiency Payment for any Contract Year means, the positive amount, if any, of a dollar payment equal to the difference between (A) the sum for the Contract Months in such Contract Year of the Monthly Commitment multiplied by the applicable tariff rate for such Contact Month, minus (B) the total transportation charges incurred by Customer for such Contract Year, minus (C) any Operational Event Credits accrued for such Contract Year, minus (D) any Excess Credit from the previous Contract Year.

  • Synopsis: Hopedale Medical Foundation (“applicant”) filed applications for property tax exemptions for 13 parcels of property located in Tazewell County for the year 2001.

  • The following instructions apply to IMDS screen 474, Cause Code Table; 342, Operational Event Cancellation; 343, Operational Event Tail Number Swap/Tail Number Spare; and 350, Deviation, Start/Stop/Correction Abort/Delete.

  • The emphasis when managing Operational Event Risk is on operational event risks that cause a cash outflow.

  • Also the bidder should have a labour license and a copy of the same should be submitted with the technical bid.

  • The recording of the event is done by compiling a specific Operational Event Report, i.e. the KT report.

  • The KT (Operational Event) reporting system pro- vides a good and standardised structure for scree- ning and identification of significant events at the Loviisa NPP (see Appendices).


More Definitions of Operational Event

Operational Event means an event in case of which threat or violation of nuclear safety has occurred at a nuclear installation
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Related to Operational Event

  • 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.

  • Capital Event means and includes: (i) any transaction involving the sale, exchange or other disposition of the Project or the Company (but excluding any incidental sales or exchanges of tangible personal property and fixtures), (ii) any financing, refinancing or borrowing secured by the Project or the Company, and (iii) any condemnation or recovery of damage awards and property insurance proceeds (excluding proceeds from any rent or business interruption insurance).

  • Operational Date means the date on which a union school district

  • Operational Period means a period starting with the date and time a Certificate is issued (or on a later date and time certain if stated in the Certificate) and ending with a date and time at which the Certificate expires or is earlier revoked.

  • Medical event means an event that meets the criteria in 12VAC5-481-2080.

  • Commercial Operation Date means the date on which a Material Project is substantially complete and commercially operable.

  • 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.

  • Removal Event has the meaning set forth in Section 12.12 hereof.

  • Material Event has the meaning set forth in Section 3(i) hereof.

  • Accounting Event has the meaning set forth in the Supplemental Indenture.

  • Commercial Operation means the condition of operation in which the complete equipment covered under the Contract is officially declared by the Owner to be available for continuous operation at different loads up to and including rated capacity. Such declaration by the Owner, however, shall not relieve or prejudice the Contractor of any of his obligations under the Contract.

  • Partnership Change of Control means Tesoro Corporation ceases to Control the General Partner.

  • Commercial Operations Date or "COD": The date on which Facility first achieves Commercial Operations.

  • 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.

  • Special Event means any of a Tax Event, an Investment Company Event or a Capital Treatment Event.

  • 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:

  • Special event permit means a permit granted by the Division

  • Tier 2 Capital Event means the receipt by the Company of a legal opinion from counsel experienced in such matters to the effect that the Subordinated Notes do not constitute, or within 90 days of the date of such legal opinion will not constitute, Tier 2 Capital (or its then equivalent if the Company were subject to such capital requirement).

  • Material Events means any of the events listed in Section 3 of this Continuing Disclosure Undertaking.

  • Knock-out Event means the event as defined in §4(4).

  • Suspension/Withdrawal Event means, in respect of the Benchmark:

  • Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

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

  • Training Event means either a Course or Online Training, or both.

  • Non-Approval Event means, in respect of the Benchmark: