Corrective Period definition

Corrective Period as defined in accordance with Clause 8.2.
Sample 1Sample 2Sample 3
Corrective Period as defined in Clause 12.3 of the Agreement.
Sample 1Sample 2Sample 3
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).
Sample 1

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.

  • Upon Consultant's failure to correct the stated deficiency, the Agreement will be terminated at the end of the Corrective Period.

  • If a sample evaluated pursuant to this Section is rejected, Supplier agrees to correct, at its expense, the failure to meet the specifications (referred to herein collectively as "defect") leading to such rejection and resubmit a corrected sample to Company within thirty (30) days after receipt of notice from Company of such defect (collectively referred to herein as the "Corrective Period").

  • During the Corrective Period, the Capacity Charge shall be calculated in accordance with the Capacity Charge formula using the Firm Capacity determined in the initial Capacity Test as the Firm Capacity in the formula.

  • Promptly following the expiration of the Corrective Period, the Secretary shall take such steps as he or she deems necessary in order to ensure compliance.

  • The Corrective Period shall be counted from the date of receipt by the breaching Party of a written notice of breach.Should no satisfactory corrective action be taken, or acceptable corrective action plan provided by the breaching Party, the non-breaching Party shall have the right to terminate the Agreement.

  • Such liquidated damages shall be levied every three months commencing with the end of the Corrective Period until compliance is achieved.

  • If the Facility is unable to achieve a Demonstrated Firm Capacity equal to Contract Firm Capacity in the initial Capacity Test, see Section 4 (Initial Capacity Shortfall; Corrective Period) of Attachment W (Capacity Test Procedures).

  • In addition and for the avoidance of any doubt, the application of the Corrective Period under this Clause 9.2 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 10.2or to pay Damages incurred by the other Party in accordance with the provisions of Clause 10.3.

  • If the test is being done after the Corrective Period, the Firm Capacity shall be designated by the Seller as up to the minimum average capacity level that the Facility is able to sustain over a fifteen (15) minute interval in which the Facility is being dispatched at maximum capacity; provided that the Seller may not set the Firm Capacity at a level in excess of the prior Firm Capacity in accordance with the terms of this Agreement and may not be set to a level greater than the Committed Capacity.


More Definitions of Corrective Period

Corrective Period. The period defined in Section 5.1B(3)(a) CT - Shall mean combustion turbine and related equipment.
Sample 1
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.
Sample 1
Corrective Period. Shall have the meaning set forth in Section 5.2(B)(1).
Sample 1

Related to Corrective Period

  • Effective Period means the period beginning on the Change of Control Date and ending 24 months after the date of the related Change of Control.

  • Rectification Period means the period of time set out in Section 4.3 of this RFP during which a Proponent will be permitted to rectify its Proposal to satisfy the mandatory submission requirements of this RFP.

  • Remediation Period has the meaning specified in Section 8.2(a);

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Minimum Hire Period means the Minimum Hire Period as described on the invoices, quotation, authority to hire, or any other forms as provided by the Supplier to the Client.

  • Corrective action means action taken to eliminate the cause of a potential or real non- conformity or other undesirable situation;

  • Corrective Measure means a measure as defined in Article 3, point 16, of Regulation (EU) 2019/1020;

  • Covered Period means the period beginning six (6) months prior to a Change in Control and ending twenty-four (24) months after the Change in Control.

  • Testing Period means a single period consisting of the four consecutive fiscal quarters of the Borrower then last ended (whether or not such quarters are all within the same fiscal year), except that if a particular provision of this Agreement indicates that a Testing Period shall be of a different specified duration, such Testing Period shall consist of the particular fiscal quarter or quarters then last ended that are so indicated in such provision.

  • PAL effective period means the period beginning with the PAL effective date and ending 10 years later.

  • 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.

  • prescribed period means 14 days;

  • Discovery Period means the period of time set forth in Section 13.

  • Work period means the period specified in a Plan when an employee is at work.

  • Promotion Period means the period the Promotion is open, as specified in clause 5.1.

  • 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.

  • Restrictive Period means the period beginning on the Effective Date and ending two (2) years after the termination of the Executive’s employment hereunder.

  • Evaluation Period bears the meaning ascribed thereto in Section 7.4(d)(i);

  • Clean-Up Period has the meaning specified in Section 8.05.

  • 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).

  • Covenant Testing Period means a period (a) commencing on the last day of the fiscal month of Parent most recently ended prior to a Covenant Trigger Event for which Borrowers are required to deliver to Agent monthly financial statements pursuant to Schedule 5.1 to this Agreement, and (b) continuing through and including the first day after such Covenant Trigger Event that Availability has equaled or exceeded the greater of (a) 15% of the Maximum Revolver Amount, and (b) $4,500,000 for 60 consecutive days.

  • Retention Period means the time period that the Customer Data is stored within the cloud storage, as specified in the product addenda.

  • CIC Protection Period means the two-year period beginning on the date of a Change in Control and ending on the day before the second annual anniversary of the date of the Change in Control.

  • Notification Period means a set period of time between the submittal of a Notice of Intent and the beginning of lead - based paint abatement activities (including all on-site worksite preparation).

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of (1) two years following such Change in Control or (2) the Executive’s death.