Consequences definition

Consequences means all consequences including but not limited to claims, demands, liabilities, proceedings, fines, penalties, damages, costs (including legal costs on a full indemnity basis), delays, loss of or damage to or loss of use of property, loss of revenue and loss of profit.
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Consequences. Subject to paragraph (B) if an Event of Default occurs and is continuing unremedied and unwaived the Agent may by notice to the Borrower: (i) cancel the Facility; or (ii) demand immediate repayment of the Loan Amount and require that Cash Cover or a Letter of Credit be effected immediately for the Guaranteed Loan Notes Outstandings whereupon the Loan Amount shall become repayable and an amount equal to such Cash Cover shall become immediately due and payable or all of the above. The Agent agrees to deliver a notice under this sub-clause if the Majority Banks instructs the Agent to do so. In the case of cancellation the Lenders will be under no further obligation to make an Advance and the Issuing Bank shall be under no further obligation to guarantee any issued Guaranteed Loan Notes. In the case of a demand for repayment the Borrower agrees to pay the Lenders in accordance with the notice.
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Consequences means, in respect of any proposed action to be taken by BC Hydro hereunder: (i) the feasibility of such proposed action; (ii) any costs to be incurred by BC Hydro in taking such proposed action due to: (A) either or both additional time being spent by BC Hydro employees in taking such proposed action or additional costs being incurred directly by BC Hydro to take such proposed action; or (B) any stranded assets or personnel resulting from such proposed action; (iii) any impact on the timely provision of any other Services hereunder resulting from the reallocation of resources by BC Hydro in order to take such proposed action, including any resulting implications for Performance Standards; (iv) any impact on BC Hydro’s ability to meet the Key Performance Measures determined pursuant to Section 5.2; and (v) any other direct or indirect impact on BC Hydro or BCTC in connection with the taking of such action by BC Hydro, including any impact on the provision of any other service by, or satisfaction of any other obligation of, BC Hydro to BCTC as contemplated by the Key Agreements or any other service level agreement entered into between the Parties, provided that no such impact shall be deemed to amend any Key Agreement or other such service level agreement, or any of the respective roles and responsibilities of BC Hydro or BCTC thereunder.
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Examples of Consequences in a sentence

  • The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order.

  • Financial Consequences will be assessed daily for each individual failure until the performance or submittal is accomplished to the Department’s or Customer’s satisfaction, unless stated otherwise.

  • Financial Consequences will be assessed for failure to timely perform or submit a report as required by the Contract and shall be paid via check or money order in US Dollars and made out to the Department of Management Services or the specific Customer, where applicable.

  • Consequences and Appropriate Remedial Action for False Accusation The Board prohibits any person from falsely accusing another as a means of retaliation or as a means of harassment, intimidation, or bullying.

  • Examples of consequences and remedial measures for students who engage in reprisal or retaliation are listed and described in the Consequences and Appropriate Remedial Actions section of this Policy.

  • Pursuant to Article 15, such decision and its imposition of Consequences shall have automatic effect in every sport in every country.

  • The Administrative Agent shall not be liable for any action taken or not taken by it (i) with the consent or at the request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Administrative Agent shall believe in good faith shall be necessary, under the circumstances as provided in Sections 11.1 [Modifications, Amendments or Waivers] and 9.2 [Consequences of Event of Default]) or (ii) in the absence of its own gross negligence or willful misconduct.

  • Consequences and Appropriate Remedial Action for False Accusation K.

  • The decision on whether Consequences apply to recreational-level Athletes who engage in fitness activities but never compete is left to the National Anti-Doping Organization.

  • DISQUALIFICATION OF INDIVIDUAL RESULTS An anti-doping rule violation in Individual Sports in connection with an In- Competition test automatically leads to Disqualification of the result obtained in that Competition with all resulting Consequences, including forfeiture of any medals, points and prizes.


More Definitions of Consequences

Consequences. If the student does not complete his/her assignments, an appropriate penalty may include taking away privileges such as: time with friends; TV, stereo, or video games; internet or phone use. NOTE: Parents know their children best! Therefore, it is up to them to decide what rewards and consequences will work best for their individual children and their family’s situation. OVERCOMING HOMEWORK BARRIERS: TIPS FOR PARENTS
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Consequences by all means do what you need to do regarding your special interests and I will continue to serve the students and constituents to whom I swore an oath to serve, in line with the Mission, Vision and Goals we have adopted as a Board and in my role as a member of said Board of Directors.
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Consequences. We like to reward good behavior, but when rules (above) are broken:
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Consequences means dose. Therefore, an increase in consequences must
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Consequences means damage or loss experienced by someone, and being responsible for such consequences means having to pay financial compensation.
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Consequences means: An employment related act or decision or a failure to take appropriate action by management or by an employee on his / her superior / senior which may affect the employee’s employment, including but not limited to compensation, increment, promotion, job location, job profile, immunities, leaves, training or other privileges.
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Related to Consequences

  • Financial Consequences means a financial sanction imposed for an anti-doping rule violation or to recover costs associated with an anti-doping rule violation; and

  • Acceleration as defined in Subsection 9.1(e).

  • Payment Default has the meaning set forth in Section 5.4(a) of the Indenture.

  • Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body.

  • O & M Default means any default on the part of the Power Producer for a continuous period of ninety (90) days to (i) operate and/or (ii) maintain (in accordance with Prudent Utility Practices), the Project at all times.

  • Status means Level I Status, Level II Status, Level III Status, Level IV Status, Level V Status or Level VI Status.

  • Incipient Default means any occurrence that is, or with notice or lapse of time or both would become, an Event of Default.

  • Acceleration Event means the occurrence of an Event of Default (a) in respect of which Agent has declared all or any portion of the Obligations to be immediately due and payable pursuant to Section 10.2, (b) pursuant to Section 10.1(a), and in respect of which Agent has suspended or terminated the Revolving Loan Commitment pursuant to Section 10.2, and/or (c) pursuant to either Section 10.1(e) and/or Section 10.1(f).

  • Material Event of Default means the occurrence of an Event of Default (as defined in the Senior Unsecured Loan Agreement) under any of the following sections of the Senior Unsecured Loan Agreement:

  • Potential Issuer Event of Default means any condition, event or act which, with the lapse of time and/or the issue, making or giving of any notice, certification, declaration, demand, determination and/or request and/or the taking of any similar action and/or the fulfilment of any similar condition, would constitute an Issuer Event of Default;

  • Impact means any effect caused by a proposed activity on the environment including human health and safety, flora, fauna, soil, air, water, climate, landscape and historical monuments or other physical structures or the interaction among these factors; it also includes effects on cultural heritage or socio-economic conditions resulting from alterations to those factors;

  • Acceleration Right means the Participant’s right, in certain circumstances, to exercise its outstanding Option as to all or any of the Common Shares in respect of which such Option has not previously been exercised and which the Participant is entitled to exercise, including in respect of Common Shares not otherwise vested at such time;

  • Non-Payment Default means any event (other than a Payment Default) the occurrence of which entitles one or more Persons to accelerate the maturity of any Designated Senior Indebtedness.

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Default means any event which is, or after notice or passage of time or both would be, an Event of Default.

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

  • Result means the result of performed Works which may contain, inter alia, Intellectual Property, or which by itself may be Intellectual Property.

  • Nonpayment means, with respect to any Payment Date, an Insured Amount is Due for Payment but has not been paid pursuant to the Indenture.

  • MI Default has the meaning given to it in paragraph 6.1 of Framework Schedule 9 (Management Information);

  • Rescind means the cancellation of a contract with an RES and/or pending customer enrollment to an RES, without the incurrence of an early termination fee.

  • PTC Event of Default means, with respect to each Trust Agreement, the failure to pay within 10 Business Days after the due date thereof: (i) the outstanding Pool Balance of the applicable Class of Certificates on the Final Legal Distribution Date for such Class or (ii) interest due on such Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or a withdrawal from the Cash Collateral Account relating to a Liquidity Facility for such Class, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee entitled thereto).

  • Senior Payment Default means any default in the payment of principal of (or premium, if any) or interest on any Senior Debt of the Company when due, whether at the Stated Maturity of any such payment or by declaration of acceleration, call for redemption or otherwise. In the event that any Senior Nonmonetary Default (as defined below) shall have occurred and be continuing, then, upon the receipt by the Company, the Subsidiary Guarantors and the Trustee of written notice of such Senior Nonmonetary Default from the agent for the Designated Senior Debt which is the subject of such Senior Nonmonetary Default, no Securities Payment shall be made during the period (the “Payment Blockage Period”) commencing on the date of such receipt of such written notice and ending on the earlier of (i) the date on which such Senior Nonmonetary Default shall have been cured or waived or shall have ceased to exist or all Designated Senior Debt the subject of such Senior Nonmonetary Default shall have been discharged; (ii) the 179th day after the date of such receipt of such written notice; or (iii) the date on which the Payment Blockage Period shall have been terminated by written notice to the Company, any Subsidiary Guarantor or the Trustee from the agent for the Designated Senior Debt initiating the Payment Blockage Period; provided, however, that nothing in this Section shall prevent the satisfaction of any sinking fund payment in accordance with Article Sixteen by delivering and crediting pursuant to Section 1602 Securities which have been acquired (upon redemption or otherwise) prior to the date of such receipt of such written notice. No more than one Payment Blockage Period may be commenced with respect to the Securities of a particular series during any 360-day period and there shall be a period of at least 181 consecutive days in each 360-day period when no Payment Blockage Period is in effect. For all purposes of this paragraph, no Senior Nonmonetary Default that existed or was continuing on the date of commencement of any Payment Blockage Period shall be, or be made, the basis for the commencement of a subsequent Payment Blockage Period, whether or not within a period of 360 consecutive days, unless such Senior Nonmonetary Default shall have been cured for a period of not less than 90 consecutive days.

  • Nonpayment of premium means the failure or inability of the named insured to discharge any obligation in connection with the payment of premiums on a policy of insurance subject to this section, whether such payments are payable directly to the insurer or its agent or indirectly payable under a premium finance plan or extension of credit;

  • Event of Default has the meaning specified in Section 8.01.

  • Rescission has the meaning specified therefor in Section 7(k).

  • 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)).