Inclusion Exception definition

Inclusion Exception means a determination that an Element that falls outside the BES Definition should be included in the BES.
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Examples of Inclusion Exception in a sentence

  • Likewise, an entity must request and obtain an Inclusion Exception pursuant to an Exception Request under this Exception Procedure before any Element that is excluded from the BES by application of the BES Definition shall be included in the BES.

  • The Owner of an Element may submit an Exception Request for either an Inclusion Exception or an Exclusion Exception regarding that Element.

  • Inclusion ExceptionAn entity may request and obtain Approval from NERC for an Inclusion Exception on the grounds that the Element(s) for which the Exception Request is filed is not included within the BES based on application of the BES Definition but is necessary for the Reliable Operation of the interconnected bulk-power transmission system as evidenced by Required Information provided pursuant to Detailed Information to Support an Exception Request (Section III.B of the Exception Request Form).

  • In the case of an Element not included in the BES by application of the BES Definition but for which an Inclusion Exception is approved, the Owner shall submit a proposed implementation plan to the Regional Entity detailing the schedule for complying with any Reliability Standards applicable to the newly included Element.

  • In the case of an Element not included in the BES by application of the BES Definition but for which an Inclusion Exception is approved, the Owner shall submit a proposed implementation plan to the Regional Entity detailing the schedule for complying with any NERC Reliability Standards applicable to the newly included Element.

  • Therefore, the value attributed to the stock options under the Black‐Scholes model does not necessarily correspond to the actual future value that will be realized.

  • NERC has processed approximately five years of Exception Requests – totaling [37] Exclusion Exception Requests and seven Inclusion Exception Requests.

  • Section 4.1, Eligible Submitting Entities, details what entities may submit ExceptionRequests: • The Owner of an Element may submit an Exception Request for either an Inclusion Exception or an Exclusion Exception regarding that Element.

  • When an Element will be included in the BES as a result of the termination of an Exclusion Exception, an implementation plan detailing the schedule for complying with any Reliability Standards applicable to the newly-included Element will be developed in accordance with section 10.1 as if it were being included by an Inclusion Exception.

  • This Agreement has been duly executed and delivered by the Company, and constitutes the valid and binding obligation of the Company, enforceable in accordance with its terms, except to the extent that enforceability may be limited by applicable bankruptcy, reorganization, insolvency, moratorium or other laws affecting the enforcement of creditors' rights generally and by general principles of equity.

Related to Inclusion Exception

  • Customary Recourse Exceptions means, with respect to any Non-Recourse Debt of an Unrestricted Subsidiary, exclusions from the exculpation provisions with respect to such Non-Recourse Debt for the voluntary bankruptcy of such Unrestricted Subsidiary, fraud, misapplication of cash, environmental claims, waste, willful destruction and other circumstances customarily excluded by lenders from exculpation provisions or included in separate indemnification agreements in non-recourse financings.

  • Asset Schedule means with respect to any Transaction as of any date, an asset schedule in the form of a computer tape or other electronic medium (including an Excel spreadsheet) generated by Seller and delivered to Buyer and the Custodian, which provides information (including, without limitation, the information set forth on Exhibit E attached hereto) relating to the Purchased Mortgage Loans in a format reasonably acceptable to Buyer.

  • Special Condition means a condition of a Transporter's Licence or Shipper's Licence other than a Standard Condition;

  • Preexisting condition exclusion means, with respect to coverage, a limitation or exclusion of

  • Special Conditions means Special Conditions of Contract, which override the General Conditions, also referred to as SCC.

  • Acquisition Cost means the cost to acquire a tangible capital asset including the purchase price of the asset and costs necessary to prepare the asset for use. Costs necessary to prepare the asset for use include the cost of placing the asset in location and bringing the asset to a condition necessary for normal or expected use.

  • Exception shall have the meaning assigned thereto in the Custodial Agreement.

  • Current closure cost estimate means the most recent of the estimates pre- pared in accordance with § 265.142 (a), (b), and (c).

  • Estimated Closing Indebtedness has the meaning set forth in Section 2.4(a).

  • Permitted Exceptions shall have the meaning set forth in Section 4.3.

  • Environmental Report The environmental audit report or reports with respect to each Mortgaged Property delivered to the related Mortgage Loan Seller in connection with the origination or acquisition of the related Mortgage Loan.

  • environmental statement means the document certified as the environmental statement by the Secretary of State for the purposes of this Order;

  • Closing Indebtedness means the Indebtedness of the Company immediately prior to the Closing. For the avoidance of doubt, Closing Indebtedness will be determined without giving effect to the transactions contemplated hereby.

  • Post-Closing Statement has the meaning set forth in Section 3.3(c).