Corrective Period definition

Corrective Period as defined in accordance with Clause 8.2.
Corrective Period as defined in Clause 12.3 of the Agreement.
Corrective Period. The period defined in Section 5.1B(3)(a) CT - Shall mean combustion turbine and related equipment.

Examples of Corrective Period in a sentence

  • The Corrective Period shall be counted from the date of receipt by the breaching Party of a written notice of breach.

  • For the sake of clarity, the Corrective Period is not applied in case of material breach under Clause 11.1(b) or Clause 11.1(c), as in these cases the purpose of the Corrective Period is fulfilled by the Cure Period or the term specified in the Ojbection Notice, as the case may be, and their prior application.

  • In addition and for the avoidance of any doubt, the application of the Corrective Period under this Clause 11.2 of this Agreement shall be without prejudice to and shall not relieve either Party from the obligation to pay any contractual penalty in accordance with the provisions of Clause 12.2 of this Agreement or to pay Damages incurred by the other Party in accordance with the provisions of Clause 12.3 of this Agreement.


More Definitions of Corrective Period

Corrective Period. Shall have the meaning set forth in Section 5.2(B)(1).
Corrective Period. A period of time following the Commercial Operation Date, during which the Seller may increase Firm Capacity in accordance with Section 5.1C(6).
Corrective Period as defined in accordance with Clause 8.2 “Damages”, any claim, damage, demand, loss, expense or liability incurred by the relevant Party or Person. “Deficiency”, is a part of the Service which is not in accordance with the Scope of Service, Applicable Law or Good Industry Practice.

Related to Corrective Period

  • Hire Period means the period commencing when the Customer holds the Hire Goods on hire (including Saturdays Sundays and Bank Holidays) and ending upon the happening of any of the following events:

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Implementation Period means the period from the date of signing of the Agreement and up to the issuance of Final Acceptance Certificate for the project.

  • Transition Period means the period beginning with the Registration Date and ending as of the earlier of: (i) the date of the first annual meeting of stockholders of the Company at which directors are to be elected that occurs after the close of the third calendar year following the calendar year in which the Registration Date occurs; and (ii) the expiration of the “reliance period” under Treasury Regulation Section 1.162-27(f)(2).