Event of Abandonment means any of the following shall have occurred:

Event of Abandonment means an Abandonment with respect to Projects accounting for thirty percent (30%) or more of Available Cash during the most recently completed Measurement Period.

Event of Abandonment means, with respect to a Project or Projects, the suspension or cessation for a period of at least one hundred eighty (180) consecutive days of all or substantially all of the operational and maintenance activities at such Project or Projects; provided, however, that any such suspension or cessation that arises from an Event of Loss, a requirement of law, an event of force majeure, curtailment or failure to be dispatched, or other bona fide business reasons shall not constitute an Event of Abandonment, in each case, so long as the applicable Project Company is taking commercially reasonable actions to overcome or mitigate the effects of the cause of suspension or cessation so that maintenance and/or operations, as the case may be, can be resumed. Any period of cessation or suspension shall end on the date that operation and maintenance activities of a substantial nature are resumed.

Examples of Event of Abandonment in a sentence

Event of Abandonment - Failure to maintain the Cable and Cable Accessories in accordance with this Agreement, for a period of 180 days or longer.
Existing FacilitiesSection 1811 Action Required in the Event of Abandonment of Cellular Tower Section 1812 Staff Review Proposals by the ApplicantSection 1813 Appeals SECTION 1800 - INTENT In as much as the Congress of the United States enacted the Telecommunications Act of 1996, to deregulate the telecommunications industry by providing a more competitive environment for wired and wireless telecommunications.
A report of the Clerk to the Fire and Rescue Authority was submitted which provided Members with a review of the learning and development undertaken in 2021/22, together with a forward look to learning and development in 2022/23.
Without prejudice to the terms and conditions of this Agreement, all third party liabilities arising out of the Event of Abandonment shall be borne by the Contractor.
Action Required in the Event of Abandonment of Cellular Tower Section 1812 Staff Review Proposals by the ApplicantSection 1813 Appeals Section 1800 Intent In as much as the Congress of the United States enacted the Telecommunications Act of 1996, to deregulate the telecommunications industry by providing a more competitive environment for wired and wireless telecommunications.

More Definitions of Event of Abandonment

Event of Abandonment means any of the following shall have occurred: (i) the abandonment by the Borrower of the development, construction, operation or maintenance of the Project for a period of more than sixty (60) consecutive days (other than as a result of force majeure, an Event of Taking or a Casualty Event), (ii) the suspension of all or substantially all of the Borrower’s activities with respect to the Project, other than as the result of a force majeure, Event of Taking or Casualty Event, for a period of more than sixty (60) consecutive days, or (iii) any written acknowledgement by the Borrower of a final decision to take any of the foregoing actions.

Event of Abandonment means with respect to any Plant any of the following shall have occurred: (i) the abandonment by the applicable Borrower of the operation or maintenance of such Plant for a period of more than ten (10) consecutive days (other than as a result of force majeure, an Event of Taking or a Casualty Event), (ii) the suspension of all or substantially all of any Borrower’s activities with respect to such Plant, other than as the result of a force majeure, Event of Taking or Casualty Event, for a period of more than ten (10) consecutive days, or (iii) any written acknowledgement by any Borrower of a final decision to take any of the foregoing actions; provided that neither Cold Shutdown nor Hot Idle shall constitute an Event of Abandonment under any of clauses (i), (ii) or (iii).

Event of Abandonment means a formal, public announcement by any Credit Party of a decision to abandon or indefinitely defer, or the abandonment of, the construction, completion or operation of any material portion of the Project for any reason; provided, however, that delays in construction, completion or operation of the Project solely caused by the failure of any Government Authority to provide in a timely manner a Government Approval that was properly and timely applied for in a timely manner shall not constitute an “Event of Abandonment”.

Event of Abandonment means the abandonment of the System or the Telecommunications Business or cessation of the operation of the System or the Telecommunications Business which reasonably indicates to the Creditor that the Company intends to abandon the System or the Telecommunications Business.

Event of Abandonment means any of the following shall have occurred: (i) the abandonment by the Borrower of the capital repair, remediation and improvement work with respect to, operation (until the CS End Date in Cold Shutdown) or maintenance of the Project for a period of more than fifteen (15) consecutive days (other than as a result of force majeure, an Event of Taking or a Casualty Event) or (ii) any written acknowledgement by the Borrower of a final decision to take any of the foregoing actions.

Event of Abandonment means a formal, public announcement by any Borrower or any of its Subsidiaries of a decision to abandon or indefinitely defer, or the abandonment of, the operation of any material portion of the Projects for any reason and such abandonment is inconsistent with the Operating and Capital Budget and prudent mining operations with respect to the Projects and could reasonably be expected to cause a Material Adverse Effect, as determined by Administrative Agent; provided, however, that delays in