Last Resort Event definition

Last Resort Event means an event which triggers the operation of the retailer of last resort scheme approved by the
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Last Resort Event means an event which triggers the operation of the retailer of last resort scheme approved by the Essential Services Commission of South Australia;
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Last Resort Event means an event that triggers the operation of a retailer of last resort scheme under the Electricity Laws.
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Examples of Last Resort Event in a sentence

  • Retailer of Last Resort Event If we are no longer entitled by law to sell energy to you due to a Retailer of Last Resort (RoLR) event occurring in relation to us, this Contract will terminate in relation to the relevant Retail Service.

  • This Agreement will also end:  10 Business Days after you’ve been disconnected, if you don’t have a right to be reconnected;  where another person starts being supplied with gas at the Supply Address with us or with another retailer; or  if we’re no longer entitled to sell gas due to a Last Resort Event.

  • Where a Retailer of Last Resort Event (or RoLR event) occurs in relation to us, this Agreement will automatically end, and you will not be liable for an exit fee.

  • Retailer Of Last Resort – the entity appointed under the relevant Jurisdiction's retailer of last resort arrangements to supply electricity to the Customer at a Connection Point following the occurrence of a Last Resort Event.

  • If we are no longer entitled by law to sell energy to you due to a Retailer of Last Resort Event (RoLR) occurring in relation to us, we are required under the National Energy Retail Law and the Rules to provide relevant information (including your name, billing address and metering identifier) to the entity appointed as the relevant designated retailer for the RoLR event and this contract will come to an end 39.

  • A Supply Address will also be removed from this Agreement: • 10 Business Days after the Supply Address has been disconnected, if you don’t have a right to be reconnected; • where another person starts being supplied with energy at the Supply Address with us or with another retailer; or • if we’re no longer entitled to sell energy to that Supply Address due to a Last Resort Event.

  • This Agreement will also end: • 10 Business Days after you’ve been disconnected, if you don’t have a right to be reconnected; • where another person starts being supplied with energy at the Supply Address with us or with another retailer; or • if we’re no longer entitled to sell energy due to a Last Resort Event.

  • You must pay us all outstanding amounts owing and for any energy consumed at your Supply Address up until the date of the Last Resort Event.

  • If you transfer to another Retailer in a Last Resort Event, we will provide your personal details to that Retailer.


More Definitions of Last Resort Event

Last Resort Event has the meaning given to that term in the Energy Retail Code.
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Last Resort Event means an event that triggers the operation of the Retailer of Last Resort scheme in relation to us under the Energy Retail Code. Payment Plan means an agreed payment arrangement whereby regular recurring frequency of payments is made at an agreed amount. TE V3.6 Tango Energy Pty Ltd ABN 43 155 908 839 xxxxxxxxxxx.xxx Owned by Pacific Hydro Australia T 1800 010 648
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Last Resort Event means an event that triggers the operation of the Retailer of Last Resort scheme under the Energy Laws, which usually occurs due to a Retailer no longer being able to sell energy as a result of the suspension or revocation of their (a) retail licence; or (b) right to acquire energy from an energy wholesale market. Market Retail Contract Terms and Conditions means these terms and conditions (including any variations to these terms and conditions). Medical Confirmation means certification from a registered medical practitioner of the requirement for life support equipment at your Premises. Meter means an instrument that measures the quantity of energy passing through it and includes associated equipment attached to the instrument, including any recording and display equipment and communications interface, to control or regulate the flow of energy.
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Last Resort Event. ’ means an event which triggers the operation of the retailer of last resort scheme approved by the energy regulator in the State or Territory where the Site is situated.’
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Last Resort Event means an event which triggers the operation of the retail entity of last resort scheme approved by the QCA;
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Related to Last Resort Event

  • Load Management Event means a) a single temporally contiguous dispatch of Demand Resources in a Compliance Aggregation Area during an Operating Day, or b) multiple dispatches of Demand Resources in a Compliance Aggregation Area during an Operating Day that are temporally contiguous.

  • Put Event means the occurrence of any of the following:

  • Banquet Event Order or “BEO” means a written order issued by the Contractor to the Judicial Council that confirms the Judicial Council’s specific instructions and orders with respect to the Program on any one or more of the following, but does not alter any of the Agreement’s terms and conditions: (i) meeting and/or function room(s) and set-up requirements and/or rental charges; (ii) meal menus and prices and set-up requirements; and/or (iii) audio-visual equipment and set-up requirements and/or rental charges. BEO’s will be approved and signed by the Judicial Council’s representative, as set forth in Exhibit B.

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).

  • Resort Site means those parts of Burswood Island as are‑

  • Acquisition Event means a merger or consolidation in which the Company is not the surviving entity, any transaction that results in the acquisition of all or substantially all of the Company’s outstanding Common Stock by a single person or entity or by a group of persons and/or entities acting in concert, or the sale or transfer of all or substantially all of the Company’s assets.

  • Replacement Event shall have the meaning specified in Section 11.16.

  • Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.

  • Default Event means an event or circumstance which leads Operator to determine that a Venue User is or appears to be unable or likely to become unable to meet its obligations in respect of an Order or Transaction or to comply with any other obligation under an Agreement or Applicable Law.

  • Acquisition Period means any period commencing on the date that a Material Acquisition is consummated through and including the last day of the second full fiscal quarter following the date on which such acquisition is consummated; provided that there shall be at least one full fiscal quarter between any two Acquisition Periods.

  • Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.

  • Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).

  • Term SOFR Transition Event means the determination by the Administrative Agent that (a) Term SOFR has been recommended for use by the Relevant Governmental Body, (b) the administration of Term SOFR is administratively feasible for the Administrative Agent and (c) a Benchmark Transition Event or an Early Opt-in Election, as applicable, has previously occurred resulting in a Benchmark Replacement in accordance with Section 2.14 that is not Term SOFR.

  • Payment Event of Default means an Event of Default specified in Section 7.1(a).

  • Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Triggering Event means any Section 11(a)(ii) Event or any Section 13 Event.

  • Change of Control means the occurrence of any of the following:

  • Cybersecurity Event means any act or attempt, successful or, to the extent known by Provider, unsuccessful, to gain unauthorized access to, disrupt or misuse an Information System or Nonpublic Information stored on such Information System. The ongoing existence and occurrence of attempted but Unsuccessful Security Incidents shall not constitute a Cybersecurity Event under this definition. “Unsuccessful Security Incidents” are activities such as pings and other broadcast attacks on Provider’s firewall, port scans, unsuccessful log-on attempts, denials of service and any combination of the above, so long as no such incident results in unauthorized access, use or disclosure of Molina Nonpublic Information or sustained interruption of service obligations to Molina.

  • Change of Control Triggering Event means the occurrence of both a Change of Control and a Rating Event.

  • Security Event means an immediately reportable subset of security incidents which incident would include:

  • Remote Terminal or "RT" means a cabinet, vault or similar structure at an intermediate point between the End User Customer and CenturyLink's Central Office, where Loops are aggregated and hauled to the Central Office or Serving Wire Center using LCM. A Remote Terminal may contain active electronics such as digital loop carriers, fiber hubs, DSLAMs, etc.

  • Chesapeake Bay Preservation Act land-disturbing activity means a land-disturbing activity including clearing, grading, or excavation that results in a land disturbance equal to or greater than 2,500 square feet and less than one acre in all areas of jurisdictions designated as subject to the Chesapeake Bay Preservation Area Designation and Management Regulations (9VAC25-830) adopted pursuant to the Chesapeake Bay Preservation Act.

  • Benchmark Transition Event means the occurrence of one or more of the following events with respect to the then-current Benchmark:

  • Market Monitoring Unit means the consulting or other professional services firm, or other similar entity, retained by the Board, as specified in Section 30.4.2 of Attachment O, that is responsible for carrying out the Core Market Monitoring Functions and the other functions that are assigned to it in Attachment O. The Market Monitoring Unit shall recommend Tariff and market rule changes, but shall not participate in the administration of the ISO’s Tariffs, except as specifically authorized in Attachment O.

  • Event Outside Our Control means any act or event beyond WRAS’s reasonable control, including without limitation strikes, lock-outs or other industrial action by third parties, civil commotion, riot, invasion, terrorist attack or threat of terrorist attack, war (whether declared or not) or threat or preparation for war, fire, explosion, storm, flood, earthquake, subsidence, epidemic or other natural disaster, or failure of public or private telecommunications networks [or impossibility of the use of railways, shipping, aircraft, motor transport or other means of public or private transport;

  • Pay-Out Event means any Pay-Out Event specified in Section 6.01.