Current Violation definition

Current Violation has the meaning specified in Section 3.7 hereof.
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Examples of Current Violation in a sentence

  • Effective as of the Amendment Effective Date (as defined below), and subject to the terms and conditions set forth in this Amendment, the Lenders hereby waive the Default and the Event of Default under Section 8.01(d) of the Credit Agreement that has occurred solely as a result of the Current Violation.

  • The Company has requested that the Lenders waive the Default that has occurred and any Event of Default that may have occurred under Section 8.01(d) of the Credit Agreement as a result of the Current Violation.

  • Such violation constitutes a Default and would, with the passage of time, constitute an Event of Default under Section 8.01(d) of the Credit Agreement (the "Current Violation").

  • Effective as of the First Amendment Effective Date (as defined below), and subject to the terms and conditions set forth in this First Amendment, the Lenders hereby waive the Event of Default that exists under Section 11.1(c) of the Credit Agreement that has occurred solely as a result of the Current Violation.

  • The Borrower has requested that the Lenders waive the Event of Default that has occurred under Section 11.(c) of the Credit Agreement as a result of the Current Violation.

  • Table 3.1 Example of Current Violation Report Table 3.2 Example of Voltage Violation Report For every selected time frame, a visual representation of grid states can be generated, like in Figure 3.2 below.

Related to Current Violation

  • Market Violation means a tariff violation, violation of a Commission-approved order, rule or regulation, market manipulation, or inappropriate dispatch that creates substantial concerns regarding unnecessary market inefficiencies, as defined in 18 C.F.R. § 35.28(b)(8).

  • Repeat violation means a violation of the same regulation in any location by the same person for which voluntary compliance previously has been sought within two years or a notice of civil violation has been issued

  • OVI or OVUAC violation means a violation of section 4511.19 of the Revised Code or a violation of an existing or former law of this state, any other state, or the United States that is substantially equivalent to section 4511.19 of the Revised Code.

  • Moving violation means any violation of any statute or ordinance, other than section 4513.263 of the Revised Code or an ordinance that is substantially equivalent to that section, that regulates the operation of vehicles, streetcars, or trackless trolleys on highways or streets or that regulates size or load limitations or fitness requirements of vehicles. "Moving violation" does not include the violation of any statute or ordinance that regulates pedestrians or the parking of vehicles.

  • Restrictive Covenant Violation means the Participant’s breach of the Restrictive Covenants listed on Appendix A or any covenant regarding confidentiality, competitive activity, solicitation of the Company’s vendors, suppliers, customers, or employees, or any similar provision applicable to or agreed to by the Participant.

  • Minor violation means a violation that is not the result of the purposeful, reckless or criminally negligent conduct of the alleged violator; and/or the activity or condition constituting the violation has not been the subject of an enforcement action by any authorized local, county or state enforcement agency against the violator within the immediately preceding 12 months for the same or substantially similar violation.

  • Remedy a Violation means to bring the structure or other development into compliance with state and community floodplain management regulations, or, if this is not possible, to reduce the impacts of its noncompliance. Ways that impacts may be reduced include protecting the structure or other affected development from flood damages, implementing the enforcement provisions of the ordinance or otherwise deterring future similar violations, or reducing federal financial exposure with regard to the structure or other development.

  • Serious violation means a violation of this act, an order issued under this act, or a rule promulgated or adopted by reference under this act for which a substantial probability exists that death or serious impairment of a body function to a person other than the violator may result unless the violator did not and could not, with the exercise of reasonable diligence, know of the presence of the violation.

  • Wildlife violation means any cited violation of a statute, law, regulation, ordinance, or administrative rule developed and enacted for the management of wildlife resources and the uses thereof.

  • Technical violation means a noncriminal violation of the conditions of parole. This rule is intended to implement Iowa Code section 905.7.

  • Behavioral violation means a student’s behavior that violates the district’s discipline policies.

  • Environmental Violation means, with respect to the Property, any activity, occurrence or condition that violates or results in non-compliance with any Environmental Law.

  • integrity violation means any act which violates the anticorruption policy including corrupt, fraudulent, coercive, or collusive practice, abuse, and obstructive practice;

  • Serious traffic violation means a conviction when operating a commercial motor vehicle of:

  • Family violence means conduct as defined by S.7 of the Family Violence Act 2004.

  • Material Outside Event shall have the meaning set forth in Section 6.08.

  • Event of Noncompliance has the meaning set forth in the Certificate of Designation.

  • Material Related Party Transaction means a transaction with a related party if the transaction / transactions to be entered into individually or taken together with previous transactions during a financial year, exceeds ten percent of the annual consolidated turnover of the company as per the last audited financial statements of the company.

  • Barrier Event means that R (final) is lower than the Barrier.

  • Material Breach means a breach by either Party of any of its obligations under this Agreement which has or is likely to have a Material Adverse Effect on the Project and which such Party shall have failed to cure.

  • Environmental Activity means any activity, event or circumstance in respect of a Contaminant, including, without limitation, its storage, use, holding, collection, purchase, accumulation, assessment, generation, manufacture, construction, processing, treatment, stabilization, disposition, handling or transportation, or its Release, escape, leaching, dispersal or migration into the natural environment, including the movement through or in the air, soil (land surface or subsurface strata), surface water or groundwater;

  • criminal activity means any kind of criminal involvement in the commission of the following serious crimes:

  • Violation means the failure of a structure or other development to be fully compliant with the community's floodplain management regulations. A structure or other development without the elevation certificate, other certifications, or other evidence of compliance required in Articles 4 and 5 is presumed to be in violation until such time as that documentation is provided.

  • Notice of Violation means a written notice prepared by an enforcement official that informs a responsible person of code violations and orders them to take certain steps to correct the violations.

  • Violation Ticket means a violation ticket as defined in the Provincial Offences Procedures Act (Alberta).

  • Change in Use means altering the purpose of an existing room, within the facility, that requires structural changes.