Natural Events Sample Clauses

Natural Events. Force Majeure - Natural" includes, but is not limited to: a) Acts of Nature; b) Epidemic or plague;
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Natural Events. The Facility shall be operated and maintained, as set forth in Section 2.1(E) (Requirements for Electric Energy Supplied by Seller) and in accordance with the terms of this Agreement, unless Seller has obtained specific approval from the Company System Operator to take the Facility off-line, such that the Facility shall remain on-line and available to produce Firm Capacity and Net Real Power during events caused by natural forces, including, but not limited to, tropical storms, hurricanes, floods, earthquakes and volcanic eruptions, of a degree of severity set forth in the design and build standards and specifications in Section 2.1(B) (Facility Specifications).
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Natural Events. The environment in which we live is always changing. These changes are sometimes large and sometimes small. There are natural events that occur that can also threaten the survival of biodiversity. These include thunderstorms, floods, drought, and other weather conditions that can severely impact the well-being of people.
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Related to Natural Events

  • Special Events For the purposes of this Agreement, “special events” are defined as:

  • Material Events any other event occurs or circumstance arises which, in the opinion of the Agent (following consultation with the Banks), is likely materially and adversely to affect either (i) the ability of any Security Party to perform all or any of its obligations under or otherwise to comply with the terms of any of the Security Documents or (ii) the security created by any of the Security Documents; or

  • Environmental Events The Borrower will, and will cause MCRC and each of their respective Subsidiaries to, promptly give notice in writing to the Administrative Agent (i) upon the Borrower’s, MCRC’s or such Subsidiary’s obtaining knowledge of any material violation of any Environmental Law affecting any Real Estate or the Borrower’s, MCRC’s or such Subsidiary’s operations or the operations of any of their Subsidiaries, (ii) upon the Borrower’s, MCRC’s or such Subsidiary’s obtaining knowledge of any known Release of any Hazardous Substance at, from, or into any Real Estate which it reports in writing or is reportable by it in writing to any Governmental Authority and which is material in amount or nature or which could materially adversely affect the value of such Real Estate, (iii) upon the Borrower’s, MCRC’s or such Subsidiary’s receipt of any notice of material violation of any Environmental Laws or of any material Release of Hazardous Substances in violation of any Environmental Laws or any matter that may be a Disqualifying Environmental Event, including a notice or claim of liability or potential responsibility from any third party (including without limitation any federal, state or local governmental officials) and including notice of any formal inquiry, proceeding, demand, investigation or other action with regard to (A) the Borrower’s, MCRC’s or such Subsidiary’s or any other Person’s operation of any Real Estate, (B) contamination on, from or into any Real Estate, or (C) investigation or remediation of off-site locations at which the Borrower, MCRC or such Subsidiary or any of its predecessors are alleged to have directly or indirectly disposed of Hazardous Substances, or (iv) upon the Borrower’s, MCRC’s or such Subsidiary’s obtaining knowledge that any expense or loss has been incurred by such Governmental Authority in connection with the assessment, containment, removal or remediation of any Hazardous Substances with respect to which the Borrower, MCRC or such Subsidiary or any Partially-Owned Entity may be liable or for which a lien may be imposed on any Real Estate; provided any of which events described in clauses (i) through (iv) above would have a Material Adverse Effect or constitute a Disqualifying Environmental Event with respect to any Unencumbered Property.

  • Dissolution Events The Company shall be terminated and dissolved at such time or upon the happening of such events as shall be determined by the Member.

  • Triggering Events The events referred to in Sections 3(f) and 5(a) hereof are as follows: