Disruption Period definition

Disruption Period has the meaning set forth in Section 4.3(b).

Disruption Period for a licence means the period during which the licence holder is unable to carry out activities authorised by the licence because of circumstances beyond the holder’s control;

Disruption Period has the meaning set forth in Article 15;

Examples of Disruption Period in a sentence

• AE = Actual Electricity, as measured in total kWh, delivered by the System for the Term Year plus the estimated lost energy production during a Disruption Period.

• If the System fails to generate at least ninety-five percent (95%) of the Estimated Annual Production for a full Term Year (such amount, the “Minimum Guaranteed Output”), other than as a result of the acts or omissions of Purchaser or the Local Electric Utility (including a Disruption Period), or an Event of Force Majeure, Provider shall credit Purchaser an amount equal to Purchaser’s Lost Savings on the next invoice or invoices during the following Term Year.

• For the purpose of calculating Services Payments that would otherwise have been due for such Disruption Period, Services shall be deemed to have been produced at the average rate over the preceding twelve (12) months (or, if the disruption occurs within the first twelve (12) months of operation, the average over such period of operation), discounting for any planned or other maintenance outages of the System that had been scheduled by the Provider to occur during such Disruption Period.

• For the purpose of calculating Payments and lost revenue for such Disruption Period, Solar Services for each month of said months shall be deemed to have been produced at the average rate over the same month for which data exists (or, if the disruption occurs within the first twelve (12) months of operation, the average over such period of operation).

• For the purpose of calculating solar power payments and lost revenue for such Disruption Period, Deemed Generation shall be considered for calculation of lost revenue or payment obligation of Procurer.

More Definitions of Disruption Period

Disruption Period means the Trust Calculation Period immediately preceding a Disruption Event; and Previous Administrator Portfolio Information means the Administrator Portfolio Information received in respect of the three most recent Trust Calculation Periods (or, where there is no Administrator Portfolio Information for at least three previous Trust Calculation Periods, the Administrator Portfolio Information in respect of any previous Trust Calculation Period).

Disruption Period means any period during which Senetek is unable to deliver Products conforming to the Specifications in compliance with Section 4.2.3 as provided in Section 3.8.

Disruption Period means any period during which Senetek Product or Licensee Product is unable to be manufactured in conformance with the Specifications as provided in Section 3.6, with the effect set forth in Section 3.7.

Disruption Period has the meaning set forth in Section 14

Disruption Period means that period commencing on the date the applicable Disruption Condition commences and ending on the date that is the earlier of sixty (60) days following the date such Disruption Condition ceases to exist and the date all of the applicable units are occupied. In connection with any Manager-Controlled Project, Manager shall use commercially reasonable efforts to prevent any liens from being filed against the Facility, and shall seek (and, for any work or materials which cost more than $10,000 or for which acknowledgements, waivers and releases are required under any Applicable Facility Loan Documents, Superior Leases and Title Documents, shall obtain as a condition to payment therefor) payment acknowledgments, claim waivers and lien releases from the personnel and contractors performing work or furnishing materials, in connection with such project, but only to the extent that Tenant has made funds available to Manager to pay for such work or materials.

Disruption Period for a tenure means the period during which the tenure holder is unable to carry out activities authorised by the tenure because of circumstances beyond the holder’s control.

Disruption Period means any period during which SENETEK is unable to deliver the Products to LAVIPHARM and has notified LAVIPHARM at least thirty (30) days in advance.