Operational Control means Security monitoring, adjustment of generation and transmission resources, coordinating and approval of changes in transmission status for maintenance, determination of changes in transmission status for reliability, coordination with other Balancing Authority Areas and Reliability Coordinators, voltage reductions and load shedding, except that each legal owner of generation and transmission resources continues to physically operate and maintain its own facilities.
Capital Event means and includes: (i) any transaction involving the sale, exchange or other disposition of the Project or the Company (but excluding any incidental sales or exchanges of tangible personal property and fixtures), (ii) any financing, refinancing or borrowing secured by the Project or the Company, and (iii) any condemnation or recovery of damage awards and property insurance proceeds (excluding proceeds from any rent or business interruption insurance).
Operational Date means the date on which a union school district
Operational Period means a period starting with the date and time a Certificate is issued (or on a later date and time certain if stated in the Certificate) and ending with a date and time at which the Certificate expires or is earlier revoked.
Medical event means an event that meets the criteria in 12VAC5-481-2080.
Commercial Operation Date means the date on which a Material Project is substantially complete and commercially operable.
Dissolution Event has the meaning set forth in Section 6.1.
Removal Event has the meaning set forth in Section 12.12 hereof.
Material Event has the meaning set forth in Section 3(i) hereof.
Accounting Event has the meaning set forth in the Supplemental Indenture.
Commercial Operation means the condition of operation in which the complete equipment covered under the Contract is officially declared by the Owner to be available for continuous operation at different loads up to and including rated capacity. Such declaration by the Owner, however, shall not relieve or prejudice the Contractor of any of his obligations under the Contract.
Partnership Change of Control means Tesoro Corporation ceases to Control the General Partner.
Commercial Operations Date or "COD": The date on which Facility first achieves Commercial Operations.
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.
Special Event means any of a Tax Event, an Investment Company Event or a Capital Treatment Event.
Material Event of Default means any Event of Default arising under Section 10.01(a), 10.01(b) (solely with respect to a default related to Section 8.01, 8.20 or 9.13), 10.01(f), 10.01(i), 10.01(j), 10.01(n) or 10.01(o).
Special event permit means a permit granted by the Division
Tier 2 Capital Event means the receipt by the Company of an opinion of independent bank regulatory counsel experienced in such matters to the effect that, as a result of (i) any amendment to, or change (including any announced prospective change) in, the laws or any regulations thereunder of the United States or any rules, guidelines or policies of an applicable regulatory authority for the Company or (ii) any official administrative pronouncement or judicial decision interpreting or applying such laws or regulations, which amendment or change is effective or which pronouncement or decision is announced on or after the date of original issuance of the Securities, the Notes do not constitute, or within 90 days of the date of such opinion will not constitute, Tier 2 Capital (or its then equivalent if the Company were subject to such capital requirement) for purposes of capital adequacy guidelines of the Board of Governors of the Federal Reserve System (or any successor regulatory authority with jurisdiction over bank holding companies), as then in effect and applicable to the Company.
Material Events means any of the events listed in Section 3 of this Continuing Disclosure Undertaking.
Knock-out Event means the event as defined in §4(4).
Suspension/Withdrawal Event means, in respect of the Benchmark:
Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.
Operation Period means the period commencing from COD and ending on the Transfer Date;
Put Event means the occurrence of any of the following:
Training Event means either a Course or Online Training, or both.
Non-Approval Event means, in respect of the Benchmark: