Downtime Event means, with respect to any Facility Segment, or, as applicable, all of the Facilities Segments of an Individual System, a period during which Midstream Co is unable to receive Product into the central facility of such Facility Segment for a reason other than (i) Force Majeure, (ii) an event or condition downstream of the Individual System of which such Facility Segment is a part that was not caused by Midstream Co, (iii) planned maintenance for which Midstream Co provided notice as described in Section 5.5(b)(ii), or (iv) Producer’s production exceeding the production forecast in the Development Report on which the applicable Facility Segment was based.
Downtime Event means a period during which all or a portion of the Gathering System was unavailable to provide Gathering Services.
Downtime Event means a period during which an Individual System was unavailable to provide Services for a reason other than (i) Force Majeure, (ii) an event or condition downstream of the Individual System that was not caused by Midstream Co or (iii) planned maintenance for which Midstream Co provided notice as described in Section 5.5(b)(ii).
Examples of Downtime Event in a sentence
Cash is deposited with financial institutions in the form of short-term deposits.
In the event any Web Site experiences a Downtime Event (as defined in the Web Hosting Specifications) caused by a Web Site data file corruption, Publisher shall receive credit or credits against the Monthly Maintenance Fee as specified in Section 6.3 of this Agreement.
To the extent that, as a result of a Downtime Event, Producer exercises its right to a temporary release pursuant to Section 2.4(b), Producer shall be entitled to both such release and the reduction of the applicable Individual First Phase Fee pursuant to this Section 6.2(c).
At all times during which the Parties to this Agreement are also party to another Transaction Document that covers Crude Oil, Downtime Hours shall not accrue under this Agreement during the period of time in which a Downtime Event with respect to a Facility Segment connecting to a central facility on the System is occurring at the same time a Downtime Event with respect to a Facility Segment connecting to the same central facility on the Crude Oil Gathering System is occurring.
Downtime or unavailability resulting from Scheduled Maintenance shall not constitute a Qualified Downtime Event or qualify for any Service Credit.
More Definitions of Downtime Event
Downtime Event means, (i) with respect to any facility on an Individual System that is designed for the purpose of storing Fresh Water, an event that results in the loss of 10% or more of the Fresh Water that should have been stored in such facility at such time, except for any such event arising from Force Majeure and (ii) with respect to any facility on an Individual System that is designed for the purpose of transporting and delivering Fresh Water to Producer at a Delivery Point that is not a Retention Facility, an event that prevents Midstream Co from delivering to such Delivery Point all or a portion of the quantity of Fresh Water requested by Producer for a reason other than Force Majeure; provided that to the extent Producer requests Fresh Water in a quantity exceeding the amount required to be delivered by Midstream Co hereunder, then a Downtime Event shall only occur with respect to the quantity of Fresh Water that Midstream Co is obligated to deliver hereunder. Notwithstanding the foregoing, no event described in Section 5.5(a) shall constitute a Downtime Event, and no event described in Section 5.5(b) shall constitute a Downtime Event so long as Midstream Co has complied with the notice provisions set forth therein.
Downtime Event means the time in which a SpotInst Service is unavailable to the Customer as measured and determined solely by SpotInst based on its servers. Downtime Events shall exclude: planned downtime events announced in-advance by SpotInst, including without limitation, for periodic upgrade and maintenance; and/or any time where SpotInst is awaiting information from the Customer or awaiting Customer confirmation that the Service has been restored.
Downtime Event means any continuous [***] week period of time during normal business operating hours when (a) the Nitrogen Facility was operating at less than [***]% of its standard operating capacity for such business day or (b) the CC Assets, the CC Pipeline or the NBU CO2-EOR Project were not capable of capturing, transporting or sequestering (respectively) substantially all of the carbon oxides delivered by the Nitrogen Facility for such business day; provided, that in each case it shall not be considered a Downtime Event for any ordinary course planned maintenance activities.
Downtime Event means the time in which a Company Service is unavailable to the Customer as measured and determined solely by Company based on its servers. Downtime Events shall exclude: planned downtime events announced in-advance by Company, including without limitation, for periodic upgrade and maintenance; and/or any time where Company is awaiting information from the Customer or awaiting Customer confirmation that the Service has been restored.
Downtime Event means a discrete period of unavailability that prevents the Insured from collecting revenue via the Covered URL through no intention of the Insured. The following are examples of Downtime Events:
Downtime Event means the time in which a SpotInst Service is unavailable to the Customer as measured and determined solely by SpotInst based on its servers. Downtime Events shall exclude: planned downtime events announced inadvance by SpotInst, including without limitation, for periodic upgrade and maintenance; and/or any time where SpotInst is awaiting information from the Customer or awaiting Customer confirmation that the Service has been restored.
Downtime Event means, with respect to the Gathering System or any Individual System, a period during which all or a portion of the Gathering System or such Individual System was unavailable to provide Gathering Services, due to reasons other than (a) Force Majeure (including any deemed events of Force Majeure under Sections 4.7 and 11.3) and/or (b) Gatherer’s failure to provide Compression Services for any Compression Obligation Receipt Point on such Individual System in accordance with this Agreement (for which remedies are provided under Sections 2.5(a)(iv) and 5.2(c)).