Catastrophic Event. Notwithstanding any other provision of this article or any article in this CBA, in the event of a Catastrophic Event, the Mayor or Fire Chief, as appropriate, may issue a call-out for all available Fire Personnel, irrespective of an employee's designation as full-time or reserve. The Fire Chief, or Deputy Chief in the absence of the Fire Chief, shall be responsible for issuing all assignments during a Catastrophic Event, which may be different from those under this agreement, throughout the duration of the Catastrophic event. The Fire Chief may issue a call-out for a catastrophic event under any circumstances which he or she deems meets the standard for a Catastrophic Event as defined in this collective bargaining agreement, or when directed to do so by the Mayor. The Mayor may issue a call-out for a catastrophic event upon first declaring a State of Emergency.
Catastrophic Event. A Catastrophic Event is any loss or damage to the Project that cannot be fully repaired, replaced or restored: o by the earlier to occur of (a) one year from the date of such loss or damage, and (b) the date that a Unit Owner whose Unit is affected by such loss or damage may terminate his/her purchase agreement for such Unit; and o for a cost equal to or less than 75% of the full insured replacement value of the Project under the property insurance maintained by the Owner; provided that if such loss or damage is not covered by insurance maintained by the Owner, then such loss or damage will automatically be considered a Catastrophic Event unless the Owner otherwise agrees.
Catastrophic Event. In the case of a catastrophic event in the life of an employee that causes the employee to be absent from work and does not otherwise qualify the employee for any sort of paid leave, the employee can seek to convert available sick leave days to personal leave days. The purpose of converting the days is to allow the employee to be paid while off work attending to other matters directly related to the catastrophic event.
Catastrophic Event. In this event, Service Provider will provide all necessary supervision, labor, and all equipment to remove, reduce, recycle, and haul mixed debris to multiple disposal sites.
Catastrophic Event. If Company elects to discontinue or is unable to continue to manufacture or deliver any Product ordered by Distributor for any reason other than the occurrence of any event specified in Section 16, and such failure to deliver such Product continues for at least one hundred twenty (120) consecutive days after receipt of written notice to Company from Distributor describing in reasonable detail such failure (a "Catastrophic Event"), Distributor may obtain that Product from a toll manufacturer reasonably acceptable to Company or require Company to establish another source to manufacture the Product, or permit Distributor to manufacture the Product. Company shall provide the alternative manufacturer with all technical assistance and licenses reasonably necessary to manufacture the Product for the period of time that such condition causing the Catastrophic Event continues and, unless otherwise agreed to by Distributor, not less than one (1) year from the occurrence of the Catastrophic Event. During such period of time that Distributor is obtaining a Product from a source, including itself, other than Company, Distributor shall pay to Company a royalty payment on the sale of each Product equal to eight percent (8%) of the amount of Net Sales for such Product for such time. Such royalty payment shall be payable by Distributor to Company on a quarterly basis for sales of Products made in the prior quarter. In such event and for such period of time, no Transfer Prices will be owed and Minimum Purchase Requirements shall be inapplicable.
Catastrophic Event. If any one or more members of Borrower’s or Servicer’s senior management is injured or incapacitated in an accident or other occurrence, or if Borrower’s or Servicer’s facilities become significantly damaged or destroyed, in whole or in part, by any Act of God, or by any other force majeure, and this Loan Agreement is currently not then in default, then all time limits contained in this Loan Agreement shall be extended for a fifteen (15) calendar day period to allow for the recovery of such Person, or in the alternative, to allow for parties to be authorized by Lender to take over Servicer and/or Borrower, and/or for Borrower or Servicer to reestablish their facilities. After any such extension hereunder, all such time limits shall return to as originally set forth in this Loan Agreement.
Catastrophic Event. The Facilities shall not have been materially damaged or destroyed, and there shall not have been any material adverse change in the economic conditions or capital markets generally in the United States.
Catastrophic Event. No catastrophic event, or series of events that in the aggregate would could constitute a catastrophic event, shall have occurred prior to the Closing that would materially affect the Purchased Business, in Buyer’s reasonable discretion.
