Outage Event definition
Examples of Outage Event in a sentence
Subject to § 6.4 (Meter Outage Event), readings of the Metering Device shall be conclusive as to the amount of output delivered to the Delivery Point.
Customer shall be entitled to the Outage Event Credit (“OEC”) in the form of a credit against future bill of amounts payable by customer for the provision of the service.
Your Services may be eligible to the Exabytes Uptime Guarantee and may be eligible to Outage Event Credit in the form of a credit against future ▇▇▇▇ of amounts payable by You for the provision of the service subject to the Terms of Exabytes Uptime Guarantee Policy as published on Exabytes Website.
At any time the funds on deposit in the Debt Service Reserve Account are greater than (i) the Debt Service Reserve Requirement at such time or (ii) the aggregate remaining principal and interest payments on the Notes, and no Event of Default or Forced Outage Event has occurred and is continuing, Collateral Agent shall direct Depositary to transfer to the Revenue Account any such excess cash as requested by the Company pursuant to an Account Withdrawal Request, to the extent of such excess.
The Maximum Total Credit means the combined total Service Incident Credits and Outage Event Credits that a Customer may receive in a single billing period.