Extension Events definition

Extension Events means (i) any delays resulting from the enactment, adoption, promulgation, issuance, modification, or repeal of any statue, rule, regulation, order or other applicable law or changes in the enforcement, interpretation or application of any statue, rule, regulation, order or other applicable existing law, (ii) any delays associated with any PJM, New Jersey BPU, or siting authority directed additions to or modifications of the Scope of Work, (iii) any delays as a result of a Force Majeure, (v) any delays in permitting or resulting from injunctive action by a court, (iv) any delays resulting from breach, default, interference, or failure to cooperate by (A) Transmission Provider of its obligations under this Designated Entity Agreement or (B) any Transmission Owner in connection with any interconnection agreements and (v) any delays as a result of a request by Transmission Provider to delay or suspend any activities associated with the Project or delays in the Project due to a delay in the Transmission Provider completing its scope of work.
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Extension Events means any of the following:
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Extension Events as defined in Section 2.20.
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Examples of Extension Events in a sentence

  • The Designated Entity shall be granted relief from this commitment if the capital market conditions do not remain normal and the Designated Entity does not have the ability to finance the Project with the proposed capital structure.• Schedule Delays: The Designated Entity commits to a reduction in the Project ROE if the Project does not achieve Commercial Operation by the Target Project In-Service Date, as such date may be extended for Extension Events.

  • The Designated Entity commits to a reduction in the Project ROE if the Project does not achieve Commercial Operation by the Target Project In-Service Date, as such date may be extended for Extension Events.

  • Schedule Delays: The Designated Entity commits to a reduction in the Project ROE if the Project does not achieve Commercial Operation by the Target Project In-Service Date, as such date may be extended for Extension Events.

  • To avoid doubt, Extension Events are restricted to the design and construction period of the Project.

  • Geology and Geochronology of the Betara Region in South-Southeastern Brazil: Evidence for Possible Statherian (1.80-1.75 Ga) and Calymmian (1,50-1.45 Ga) Extension Events.

  • Provision will be made for delays caused by events beyond the Developer's reasonable control (Milestone Extension Events) but all affordable homes must be delivered by 31 March 2022.Delivery and on-going obligations of the DeveloperDelivery and Developer ObligationsObligations on the Developer in respect of each Firm Scheme include but are not limited to:i.

  • For the avoidance of doubt, if the requirements for two or more Extension Events are satisfied, the Counterparty may elect, or, if the requirements for an Extension Event III are satisfied, the Counterparty will be required, to deliver an Extension Notice for such Extension Event for which the Extension Spread is the lowest.

  • For each Class within a Series of Notes, the date to which thematurity of the Notes may be extended following one or more Extension Events, as specified in the applicable Offering Circular Supplement (or if such day is not a Business Day, on the next succeeding Business Day) (“Extended Redemption Date”).

  • The State has retained some risks, which include the Compensable Extension Events and Compensable Intervening Events listed in Schedule 3 to this document.

  • Purchaser will pay for the Assets a purchase price in the amount of Three Million Three Hundred Fifty Thousand Dollars ($3,350,000), subject to adjustment as provided in Sections 2.4(b) and 2.6 (the “Purchase Price”).


More Definitions of Extension Events

Extension Events means (i) any delays resulting from the enactment, adoption, promulgation, issuance, modification, or repeal of any statue, rule, regulation, order or other applicable law or changes in the enforcement, interpretation or application of any statue, rule, regulation, order or other applicable existing law, (ii) any delays associated with any PJM, New Jersey BPU, or siting authority directed additions to or
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Extension Events as such term is defined in Section 14.4.1 hereof.
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Extension Events. (as such term is defined in Section 2 of the First Amendment) and (b) the "Early Termination Event" (as defined in Section 3 of the Second Amendment).
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Extension Events. (as defined below) shall occur (and each Borrower agrees to make all related payments.
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Extension Events means each of the following: (i) the Revolving Loan Commitment of each Non-Extending Lender shall be reduced to zero and, subject to receipt of the payment referred to in (iv) below, it shall cease to have any rights or duties as a "Lender" under the Credit Agreement except with respect to indemnification obligations of the Borrowers which by the terms of the Credit Agreement survive termination of the Credit Agreement and obligations of the Borrowers under Section 4.4 of the Credit Agreement in respect of payments made pursuant to (iv) below; (ii) if the Aggregate Revolving Loan Commitments of the Continuing Lenders are less than or equal to $75,000,000, then the Revolving Loan Commitment of each Continuing Lender shall be unchanged; (iii) if the Aggregate Revolving Loan Commitments of the Continuing Lenders are greater than $75,000,000, the Revolving Loan Commitment of each Continuing Lender shall be an amount determined by the Administrative Agent such that (A) no Continuing Lender has its Revolving Loan Commitment increased and (B) the Aggregate Revolving Loan Commitments equal $75,000,000; (iv) each Borrower shall pay to the Administrative Agent, for the account of the Lenders, the principal amount of, and accrued interest on, all Lenders' Loans, together with any amounts payable to the Lenders and any accrued commitment fees or other amounts owing to the Lenders under this Agreement; provided that the Borrowers may then reborrow from the Continuing Lenders as set forth in the Credit Agreement; (v) on the Extension Effective Date, the Company shall pay the Administrative Agent for the ratable benefit of each Continuing Lender, an extension fee equal to 0.500% of the extended Revolving Loan Commitment of such Continuing Lender; (vi) the Administrative Agent shall give notice to the Lenders advising them of their respective Revolving Loan Commitments; (vii) the definition of "Revolving Loan Termination Date" in Section 1.1 of the Credit Agreement shall be deemed amended to delete the reference therein to "October 18, 2000" and to substitute therefore a reference to the date 364 days after the Extension Effective Date. Each Continuing Lender consents to any increase in its Pro Rata Share (but not any increase in its Revolving Loan Commitment) arising out of (ii) or (iii) above.
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Related to Extension Events

  • Extension Date has the meaning specified in Section 2.19(b).

  • Grace Period Extension Date means, if:

  • Suspension Event As defined in Section 5(b) hereof.

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.

  • Second Extension Period means a period of twelve (12) consecutive months following the First Extended Maturity Date.

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • Extension Term means the time period defined in §2.C.

  • Initial Term Loan Maturity Date means August 15, 2025 or, if such date is not a Business Day, the immediately preceding Business Day.

  • Final Maturity Date means March 31, 2022.

  • Additional Disruption Event means any of Change in Law, Hedging Disruption and/or Increased Cost of Hedging.

  • Specified Event of Default means an Event of Default under Section 7.01(a), (f) or (g).

  • Suspension Date has the meaning set forth in Section 4.18(a).

  • Canadian Pension Event means (a) the voluntary whole or partial wind up of a Canadian Pension Plan by any Loan Party or Restricted Subsidiary; (b) the withdrawal of a Borrower or Restricted Subsidiary from a Canadian Union Plan; (c) the filing of a notice of intent to terminate in whole or in part a Canadian Pension Plan or Canadian Union Plan or the treatment of a Canadian Pension Plan or Canadian Union Plan amendment as a termination or partial termination; (d) the institution of proceedings by any Governmental Authority to terminate in whole or in part or have a trustee appointed to administer a Canadian Pension Plan or Canadian Union Plan, or (e) any other event or condition which might constitute grounds for the termination of, winding up or partial termination or winding up or the appointment of trustee to administer, any Canadian Pension Plan or Canadian Union Plan.