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Interruption Event definition

Interruption Event means theft, strike, lock-out, load shedding, blackout, fire, explosion, flood, riot, war, accident, act of nature, embargo, legislation, shortage of or a breakdown in transportation facilities, civil commotion, unrest or disturbances, cessation of labour, server downtime, government interference or control, or any other cause or contingency beyond the control of the Party concerned;
Interruption Event means an incident or event which has a significant impact on the performance of the Services, more particularly detailed in the Business Continuity Plan as at the Effective Date;
Interruption Event has the meaning ascribed thereto in Clause 4.6.1.

Examples of Interruption Event in a sentence

  • The Customer acknowledges that there may be an Additional Expenses Charge relating to recommencement of the Works after the occurrence of a Services Interruption Event.

  • In the event that a Put Interruption Event occurs after an Advance Put Notice Date, but before the applicable Put Date, that Put shall be deemed to be terminated, and the Company may deliver an Advance Put Notice for a new Put anytime beginning on the following Business Day, if otherwise allowed under this Agreement.

  • All Centralized Service Charges and Reimbursable Expenses actually incurred during the period of the Business Interruption Event shall continue to be payable in accordance with the provisions this Agreement, regardless of whether there are sufficient Business Interruption Insurance proceeds to cover such amounts.

  • In the event that a Put Interruption Event occurs after an Advance Put Notice Date, but before the applicable Put Date, that Put shall be deemed to be terminated, and the Company may deliver an Advance Put Notice for a new Put anytime beginning on the following Trading Day, if otherwise allowed under this Agreement.

  • Provided, however that such net profit (or net loss) calculations shall not include, and this policy shall not cover, net income that would likely have been earned as a result of an increase in volume of business due to favourable business conditions caused by the impact of a Business Interruption Event on other businesses.


More Definitions of Interruption Event

Interruption Event has the meaning set forth in Section 7.1.
Interruption Event means a System Breach or Denial of Service Attack that interrupts an Insured’s Computer System for a period longer than the applicable Waiting Period.
Interruption Event means a hurricane, tropical storm, tornado, tidal wave or other similar violent weather event.
Interruption Event means theft, strike, lock-out, load shedding, blackout, fire, explosion, flood, riot, war, accident, act of nature, embargo, legislation, shortage of or a
Interruption Event means a Short-Notice Event or a Long-Notice Event, as applicable, as declared by the System Operator in respect of a Facility, which may be comprised of no more than four (4) consecutive hours.
Interruption Event means act of God and/or Force Majeure (which for the purposes of this Agreement means pandemics war, political riots, civil commotions, legal prohibitions or restrictions, government acts, electrical load-shedding or surges, fire, floods, storms, earthquakes or other similar natural disasters).
Interruption Event means any cause which is beyond the reasonable control of a Party and directly prevents that Party from performing this Agreement, including: war, civil commotion, armed conflict, riot, act of terrorism, criminal damage, fire, flood, intervention by a Regulator, or compliance with any Applicable Law.