Outage Election definition

Outage Election means Seller's election during any Cover Period either to provide Replacement Power or cause to be provided Substitute Power in accordance with Section 4.7.3.
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Examples of Outage Election in a sentence

  • If Seller is able to resume delivery of Electric Energy before any Outage Election is made, Seller may do so immediately without waiting until the top of the next hour, if it can be scheduled by Buyer on such short notice.

  • If Seller determines that the incident is expected to extend beyond the Diagnostic Period, then, Seller shall (as soon as practicable but no later than the expiration of the Diagnostic Period) make an Outage Election applicable to the remainder of the incident.

  • If Seller ---------------------------------------- fails to timely notify Buyer if its election under Section 4.5.2, or its Outage Election or fails to deliver or cause to be delivered either Replacement Power or Substitute Power, such incident shall be included as a Forced Outage or Forced Derating (as applicable) for purposes of the calculation of the Availability Adjustment.

  • If Seller is able to resume delivery of Electric Energy before any Outage Election is made, Seller may do so immediately without waiting until the top of the next hour (if it can be scheduled by Buyer on such short notice).

  • If Seller fails to timely notify Buyer if its election under Section 4.5.2, or its Outage Election or fails to deliver or cause to be delivered either Replacement Power or Substitute Power, such incident shall be included as a Forced Outage or Forced Derating (as applicable) for purposes of the calculation of the Availability Adjustment.

  • If Seller --------------------------------------- determines that the incident is expected to extend beyond the Diagnostic Period, then , Seller shall (as soon as practicable but no later than the expiration of the Diagnostic Period) make an Outage Election applicable to the remainder of the incident.

  • If Seller --------------------------------------- determines that the incident is expected to extend beyond the Diagnostic Period, then, Seller shall (as soon as practicable but no later than the expiration of the Diagnostic Period) make an Outage Election applicable to the remainder of the incident.

Related to Outage Election

  • 10) Election has the meaning set forth in Section 6.05(a).

  • Section 336(e) Election has the meaning set forth in Section 7.06.

  • LCT Election has the meaning assigned to such term in Section 1.06.

  • LCA Election has the meaning specified in Section 1.09(a).

  • Election Period means the period immediately preceding the beginning of each Plan Year established by the Administrator, such period to be applied on a uniform and nondiscriminatory basis for all Employees and Participants. However, an Employee's initial Election Period shall be determined pursuant to Section 5.1.

  • Payment Election means an election pursuant to Section 5.1.

  • Distribution Election With respect to any Series, as specified in the related Supplement.

  • Deferral Election means the Participant’s election under Section 3.1 to defer all or a portion of his or her Compensation.

  • Election Form means the form established from time to time by the Committee that a Participant completes, signs and returns to the Committee to make an election under the Plan.

  • Distribution Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the time and form of distribution.

  • Exchange Election shall have the meaning specified in Section 14.12(a).

  • Deferral Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the amount of the Deferrals.

  • Deferral Period has the meaning set forth in Section 3(i) hereof.

  • Safe Harbor Election has the meaning set forth in Section 10.2(d).

  • Election Year means a year in which ordinary elections for local governments are required to be held;

  • Qualified Election Period means the six Plan Year period beginning with the Plan Year in which the Participant first becomes a Qualified Participant.

  • Voice Initiated Election means any election concerning dividend options available to Investment Company shareholders or subscribers which is requested by voice over the telephone.