Contingency Event definition

Contingency Event means an event affecting the power system which AEMO expects would be likely to involve the failure or removal from operational service of one or more generating units and/or transmission elements.

Contingency Event means an event or circumstance that MDL believes, acting as a Reasonable and Prudent Operator, has detrimentally affected Transmission Services or depleted Line Pack to an unacceptable level, or could do so, and includes an Emergency.

Contingency Event means an event affecting the power system which NEMMCO expects would be likely to involve the failure or removal from operational service of a generating unit or transmission element.

Examples of Contingency Event in a sentence

• The parties shall take all necessary steps to give effect to the ESFA Contingencies in the event of an ESFA Contingency Event occurring.

• The Parties shall take all necessary steps to give effect to the ESFA Contingencies in the event of an ESFA Contingency Event occurring.

• To the extent possible, Company shall rotate on a monthly basis the sequence in which Rotation Projects shall be required to respond to a Contingency Event during the Service Period such that the Rotation Project that was first in the queue in Month A will be second in the queue in Month B, with the other Rotation Projects falling back one place in the queue, and with the Rotation Project that was last in the queue in Month A moving to the front of the queue in Month B.

• A Contingency Option Project may not export electric energy to the Company System except during a Contingency Event that occurs during such Project's Scheduled Window.

• The Recovery Point Objective (“RPO”) represents the target point in time, prior to a Contingency Event, to which data can be recovered.

More Definitions of Contingency Event

Contingency Event means the unexpected failure of a single component or multiple components connected to the transmission system;

Contingency Event means that the Issuer or CSG has given a Contingency Event Notice. No such Contingency Event Notice shall be given, and no Contingency Event Conversion shall therefore occur, if, notwithstanding the CET1 Ratio being below the Threshold Ratio as contemplated pursuant to the definition of Contingency Event Notice, the Regulator, at the request of CSG, has agreed on or prior to the publication of the relevant Quarterly Financial Report that a Contingency Event Conversion shall not occur because it is satisfied that actions, circumstances or events have had, or imminently will have, the effect of restoring the CET1 Ratio to a level above the Threshold Ratio that the Regulator and CSG deem, in their absolute discretion, to be adequate at such time.

Contingency Event means any event that disrupts or has the potential to disrupt the normal exchange and settlement of transactions in KEPSS. Five main potential types of Contingency Event are envisaged:

Contingency Event means a Partnering Event, a Sale of the Company or a Post-Approval Financing.

Contingency Event means an event or circumstance that MDL believes, acting as a Reasonable and Prudent Operator, has detrimentally affected Transmission

Contingency Event means that the Issuer or CSG has given a Contingency Event Notice.

Contingency Event means an event affecting the Power System or one or more Transmission Elements, and includes, without limitation, any Scheduled Outages, switching or disconnection carried out by either party in accordance with this agreement or the Works Coordination Agreement. Costs include costs, charges and expenses, including those incurred in connection with advisers, and, for a Cost Variation, includes an amount for Powerlink’s profit and overhead relating to the performance of the Powerlink Works the subject of the Cost Variation.