Unavailability Event definition

Unavailability Event means an incident or state of affairs which causes one or more Functional Units to be Unavailable; and

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Unavailability Event has the meaning set out in Schedule 8 [Payments];

Unavailability Event means an incident or state of affairs which causes one or more Functional Units to be Unavailable;

Examples of Unavailability Event in a sentence

• Each Unavailability Event shall be deemed to persist during each hour thereafter until such Unavailability Event is resolved.

• An Unavailability Event occurring at anytime during an hour shall be deemed to have started at the beginning of the hour, and an Unavailability Event that ends at anytime during an hour shall be deemed to have ended at the end of that hour.

• If the starting time of such Unavailability Event is unknown, such Unavailability Event shall be deemed to have started the earlier of the moment it was (a) discovered by Developer or (b) reported to Developer by the Department or by a third party.

• Each Unavailability Event shall be deemed to have commenced from the moment such Unavailability Event actually begins.

• If the Parties are unable to agree on the Buyer’s proposal or that of the Supplier or any of those Other Suppliers, as the case may be, within sixty (60) days after the date the Price Unavailability Event occurs, then the Replacement Provision(s) shall be determined by mandatory and binding arbitration, from which there shall be no appeal, with such arbitration(s) to be conducted in accordance with the procedures set out in Exhibit K.

More Definitions of Unavailability Event

Unavailability Event means an incident or state of affairs which causes one or more Functional Units within the New Facility to be Unavailable; and

Unavailability Event means a condition during which the Units are physically incapable of delivering all or a portion of the Scheduled energy for reasons other than a Force Majeure Event.

Unavailability Event has the meaning given to it in paragraph 5.5 of Schedule 10 (Payment Mechanism);

Unavailability Event has the meaning given in paragraph 2.1 of Part 4 of Schedule 6. "Unavailability Event (%)" has the meaning given in paragraph 2.6.2 of Part 4 of Schedule 6.

Unavailability Event has the meaning set forth in Appendix 11 (Deductions).

Unavailability Event has the meaning set forth in Section 1.1 (Definitions) of Exhibit X-2 (Deductions).

Unavailability Event has the meaning given to it in Paragraph 5.1 of Part A (Contract Management) of Schedule 4 (Contract Management and Compliance);