Equivalent Waiver definition

Equivalent Waiver means an undertaking by NIE not to bring any claim in negligence, other tort, or otherwise howsoever against the Customer in respect of any act or omission of the Customer in relation to the subject matter of this Agreement, save in respect of claims against the Customer under any contract to which the Customer and NIE are (from time to time) party or in respect of fraudulent misrepresentation or death or personal injury resulting from the negligence of the Customer;
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Equivalent Waiver means an undertaking by ESB not to bring any claim in negligence, other tort, or otherwise howsoever against the User in respect of any act or omission of the User in relation to the subject matter of this Agreement, save in respect of claims against the User under any contract to which the User and ESB are (from time to time) party or in respect of fraudulent misrepresentation or death or personal injury resulting from the negligence of the User;
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Equivalent Waiver means an undertaking by ESB not to bring any claim in negligence, other tort, or otherwise howsoever against the User in respect of any act or omission of the User in relation to the subject matter of this Agreement, save in respect of claims against the User under any contract to which the User and ESB are (from time to time) party or in respect of means the Electricity Supply Board in the Republic of Ireland (being the owner of the transmission system in the Republic of Ireland); means any event or circumstances which is beyond the reasonable control of either Party and which results in or causes the failure of that Party to perform any of its obligations under this Agreement including act of God, strike, lockout or other industrial disturbance, act of the public enemy, war declared or undeclared, threat of war, terrorist act, blockade, revolution, riot, insurrection, civil commotion, public demonstration, sabotage, act of vandalism, lightning, fire, storm, flood, earthquake, accumulation of snow or ice, lack of water arising from weather or environmental problems, explosion, fault or failure of Plant and Apparatus (which could not have been prevented by Good Industry Practice), governmental restraint, Act of Parliament, other legislation, by law and Directive (not being any order, regulation or direction under Article 35, 36, 37 or 38 of the Order or any other event or circumstance which could not have been prevented by the exercise of Good Industry Practice by SONI provided that lack of funds shall not be interpreted as a cause beyond that Party’s reasonable control; means the Conditions Applicable to Electricity Agreements, set out in Schedule 4 to this Agreement; has the meaning given to that expression in the Connection Agreement; means the exercise of that degree of skill, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced operator engaged in the same type of undertaking under the same or similar circumstances; the code prepared pursuant to Condition 16 of the Licence, as from time to time revised in accordance with the Licence; means:
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Related to Equivalent Waiver

  • Equivalent e-document means an electronic equivalent of a document, issued by the issuing authority of such document with its valid digital signature including documents issued to the digital locker account of the client as per rule 9 of the Information Technology (Preservation and Retention of Information by Intermediaries Providing Digital Locker Facilities) Rules, 2016.

  • Equivalent Preferred Stock shall have the meaning set forth in Section 11(b) hereof.

  • Equivalent Load means the sum of a Market Participant’s net system requirements to serve its customer load in the PJM Region, if any, plus its net bilateral transactions.

  • Equivalent Preferred Shares shall have the meaning set forth in Section 11(b) hereof.

  • Equivalent Unit Score is calculated for each issuer, and is equal to the lesser of (x) one and (y) the Issuer Par Amount for such issuer divided by the Average Par Amount.