Excused Events definition

Excused Events means (i) [Buyer’s failure to cause Gas to be available to Seller at the Gas Delivery Point, (ii)] the Buyer’s failure to take Energy from and after the Electrical Delivery Point, and (iii) an event of Force Majeure that is claimed by Buyer. [Bracketed language applicable only to tolling agreements.]
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Excused Events are the following: Reliability and safety related reduction of supply directed by the RTO or TDU, as the case may be, and other planned or unplanned transmission outages mandated by RTO or TDU not related to a EEA System Emergency, Force Majeure, Non-Compensated Curtailment up to the Annual Non-Compensated Curtailment Cap, and Substation PM. No make-whole provisions of any kind shall be due and owing to Customer by Supplier in connection with an Excused Event. “Otherwise Compensated Events” are the following: EEA System Emergency Curtailment and Compensated Curtailment. On a bi-weekly basis, Supplier shall report to Customer the running total of Non-compensated Curtailment and the Compensated Curtailment for the calendar year; provided that, if the Non-compensated Curtailment cap has been reached prior to the end of any calendar year, Supplier shall promptly notify customer in writing that the Non-compensated Curtailment cap has been reached for such calendar year.
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Excused Events means Force Majeure events, the failure of Owner and/or Millennium to furnish sufficient fuel, makeup water, waste disposal services, and other services required to be provided to Operator hereunder, events arising out of latent defects, or the failure to perform maintenance recommended by Operator but excluded from any Major Maintenance Budget or any Annual Operating Plan and Budget by Owner, or any event occurring prior to the Acceptance Date.
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Examples of Excused Events in a sentence

  • While Enbridge has claimed that the Excused Events provisions in the Requirements Contracts will provide the Co-op with the flexibility it requires to respond to seasonal fluctuations in demand, there are serious limitations with respect to the use of Excused94 CCRL/FCL Written Evidence, para 25 ( C10225-2).

  • The Co-op submits that in order to operate as an effective substitute for force majeure provisions, there must not be any limit on the number of Excused Events that a Shipper may claim.iv.

  • There should be no limit to the number of or the length of Excused Events under the Take or Pay TSAs.

  • Despite Enbridge’s assertions that the Excused Events clauses in the TSAs are unique and intended to provide shippers with flexibility,133 The Co-op submits that they do not provide an adequate alternative to the existing force majeure regime under the CTS Tariffs.

  • These Excused Events are described in reference (iii), Article 5, Section5.3 of the pro forma Transportation Agreement.

  • Unforeseen operational issues could impact a producer’s ability to deliver volume on to the Mainline and thus incur Failure to Tender Charges.51 Due to difficulties of allocating Designated Areas to contracts and the inability to claim Excused Events, producers may be required to procure alternative crude supply and incur additional costs to avoid Failure to Tender Charges.

  • If you make transfers using paper forms, you can make four free transfers during each calendar year.

  • The complete Loss Control/Safety Policy is included in the Okaloosa County Safety Manual.

  • To the extent the Units were unavailable to Buyer due to Instructed Operations or Excused Events, the Units shall be deemed to have been Available for purposes of determining TPEm and therefore no deduction is made for such hours.

  • Please describe the degree and severity of risk of revenue loss resulting from decreased volumes as a result of the Excused Events clause of Enbridge’s proposed Transportation Agreement.


More Definitions of Excused Events

Excused Events means any of the following:scheduled downtime, maintenance time, or work undertaken as part of a Change Request; faults, outages and issues arising from your acts or omissions;the time required to initiate another instance in an alternative region; you are in breach of Your Agreement for the Cisco Cloud Services; factors outside of our reasonable control.
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Excused Events which are not included as available hours include Buyer Dispatched Tests and the Operating Restrictions.
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Related to Excused Events

  • Excluded Events has the meaning set forth in Section 6.1(d)(ii).

  • Specified Event of Default means an Event of Default pursuant to Sections 8.1(a), 8.1(b) (with respect to Section 7.1 only) or 8.1(c).

  • Listed Events means any of the events listed in Section 5(a) of this Disclosure Certificate.

  • Unmatured Event of Default means any event which, with the giving of notice, the passage of time or both, would constitute an Event of Default.

  • Force Majeure Events means acts of war, domestic and/or international terrorism, civil riots or rebellions, quarantines, embargoes and other similar unusual governmental actions, extraordinary elements of nature or acts of God.

  • Triggering Events means each of the following events:

  • Events means an action or occurrence, at any given location within the Authorized System that causes a Collection System Overflow. An Event ends when there is no recurrence of a CSO or SSO in the Collection System at the same location in the 12-hour period following the last Collection System Overflow.

  • Senior Event of Default means an Event of Default under (and as defined in) the Senior Facilities Agreement.

  • Owner Event of Default shall have the meaning set forth in Section 12.3 hereof

  • Designated Event with respect to X means that:—

  • Covered Event means any event or occurrence related to the fact that Indemnitee is or was a director, officer, employee, agent or fiduciary of the Company, or any subsidiary of the Company, or is or was serving at the request of the Company as a director, officer, employee, agent or fiduciary of another corporation, partnership, joint venture, trust or other enterprise, or by reason of any action or inaction on the part of Indemnitee while serving in such capacity.

  • Widely attended event means an event at which at least 25 persons have been invited to attend or there is a reasonable expectation that at least 25 persons will attend the event and the event is open to individuals (i) who are members of a public, civic, charitable or professional organization, (ii) who are from a particular industry or profession or (iii) who represent persons interested in a particular issue.

  • Insured Event shall have the meaning given such term in Section 12.4.

  • Issuer Event of Default means the occurrence of any of the following events:

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.