Material Aging definition

Material Aging means any gradual irreversible deterioration in the material properties of the Photovoltaic Modules as a result of the passage of time, that cause a reduction in power output as set forth in the Performance Warranty, in excess of expected wear and tear and degradation.
Material Aging means any gradual irreversible deterioration in the material properties of the Photovoltaic Modules as a result of the passage of time, that cause a reduction in power output as set forth in the Performance Warranty, in excess of expected wear and tear and degradation. “Material Defect” means any faulty material forming part of a Photovoltaic Module which is not detected by the Insured’s quality management and control system (including final functional acceptance tests) as it was inspected, approved or prescribed by the Insurer upon the necessary underwriting due diligence.

Examples of Material Aging in a sentence

  • For the two coupler types discussed above, this adaptation is done mechanicallyby re-machining the iris to the cavity before (or after) the waveguide is permanently connected to the cavity (e.g. by brazing).

  • Buyer shall promptly review the Raw Material Aging Report each [*].

  • Buyer is obligated to select one of these two options for all raw materials that have been in Seller’s possession for [*] or longer, as shown in the Raw Material Aging Reports.

  • If Buyer does not select one of these two options in writing within [*] after receipt of the applicable Raw Material Aging Report, Seller shall scrap the subject raw materials and Buyer shall be obligated to pay Seller’s total cost of ownership for the subject raw materials.

  • Occurrence and Implication of Radiation Dose Rate Effects for Material Aging Studies," Clough and Gillen, June 1981.

  • See EPRI, MRP-175, Materials Reliability Program: PWR Internals Material Aging Degradation Mechanism Screening and Threshold Values § 2.1 (Dec.

  • Core DesignRisk‐Informed Systems Analysis Tools VERA-CS Domain KnowledgeFuel Performance FRAPCON/FRAPTRANBISON(plant characteristics,System Analysis RELAP5-3D RELAP-7operational data, building structures, site layout, core design, procedures, failure information, etc.) to Create Plant- Specific ModelsContainment Severe Accident Material Aging Natural Hazards PRACode IntegrationMELCOR MELCOR GRIZZLYMASTODON NEUTRINO SAPHIRE RAVENLOTUS CFAST FDS EMRALD HUNTERRAVEN Market Economics CRAFT RAVEN Figure 29.

  • Application” means the executed application submitted by the Insured in connection with the underwriting of this Policy (including Questionnaires, flash data sheets, etc.).“Approved Test” means a statistical sample test of the respective modulescarried out by an independent expert approved by the Insurer to prove a decrease of the power output of an Photovoltaic Module which is due to Faulty Manufacturing, Material Defect and/or Material Aging.

Related to Material Aging

  • material hoist means a hoist used to lower or raise material and equipment, excluding passengers; "medical certificate of fitness" means a certificate contemplated in regulation 7(8);

  • Material Agreement means any material contract, commitment, agreement (written or oral), instrument, lease or other document, license agreement and agreements relating to intellectual property, to which the Corporation or any Subsidiary are a party or to which any of their property or assets are otherwise bound;

  • Material Agreements shall have the meaning assigned to such term in Section 4.16 hereof.

  • Material Action means to consolidate or merge the Company with or into any Person, or sell all or substantially all of the assets of the Company, or to institute proceedings to have the Company be adjudicated bankrupt or insolvent, or consent to the institution of bankruptcy or insolvency proceedings against the Company or file a petition seeking, or consent to, reorganization or relief with respect to the Company under any applicable federal or state law relating to bankruptcy, or consent to the appointment of a receiver, liquidator, assignee, trustee, sequestrator (or other similar official) of the Company or a substantial part of its property, or make any assignment for the benefit of creditors of the Company, or admit in writing the Company's inability to pay its debts generally as they become due, or take action in furtherance of any such action, or, to the fullest extent permitted by law, dissolve or liquidate the Company.

  • Material Deviation refers to any contents or characteristics of the proposal that is significantly different from an essential aspect or requirement of the RFP, and : (i) substantially alters the scope and quality of the requirements; (ii) limits the rights of UNDP and/or the obligations of the offeror; and (iii) adversely impacts the fairness and principles of the procurement process, such as those that compromise the competitive position of other offerors.

  • Material IP means any Intellectual Property that is material to the conduct of the business of the Borrower and its Restricted Subsidiaries, taken as a whole.

  • Material Company means, at any time:

  • Material Properties means (a) those Mortgaged Properties designated on Schedule 3.12 as Material Properties and (b) each other Mortgaged Property with respect to which a Mortgage is granted pursuant to Section 5.11 after the Restatement Effective Date.

  • Material Contract means any contract or other arrangement (other than Loan Documents), whether written or oral, to which any Credit Party is a party as to which the breach, nonperformance, cancellation or failure to renew by any party thereto could reasonably be expected to have a Material Adverse Effect.

  • Material Property means all Real Property owned in fee in the United States by any Credit Party, in each case, with a fair market value of $7,425,000 (as determined by the Borrower in good faith) or more, as determined (i) with respect to any Real Property owned by any Credit Party on the Closing Date, as of the Closing Date, and (ii) with respect to any Real Property acquired by a Credit Party after the Closing Date, as of the date of such acquisition.

  • Material Permit shall have the meaning ascribed to such term in Section 3.1(n).

  • Material Group Company means the Issuer or a Subsidiary representing more than 5.00 per cent. of either (i) the total assets of the Group on a consolidated basis (for the avoidance of doubt, excluding any intra-group transactions) or (ii) the net profit of the Group on a consolidated basis according to the latest Financial Report.

  • Material Project Documents means, collectively, the Power Purchase Agreement, the EPC Contract, the Transmission Facilities Construction Agreement, the O&M Agreement, the Coal Supply Agreements, the Coal Transportation Agreement and all other instruments, agreements or other documents arising from or related to the Project, but shall not include any Financing Agreement.

  • Material Assets means with respect to any Person all Material interests in any kind of property or asset, whether real, personal or mixed, or tangible or intangible.

  • Material Documents has the meaning set forth in Section 5.23.

  • Material means material in relation to the business, operations, affairs, financial condition, assets or properties of the Company and its Subsidiaries taken as a whole.

  • Material and substantial disruption of a normal school activity means:

  • Material Asset means any asset which has a book value of RMB100,000 or more or has a material effect on the business operations of any Party.

  • Material Intellectual Property means any intellectual property owned by any Loan Party that is, in the good faith determination of the Borrower, material to the operation of the business of the Borrower and its Restricted Subsidiaries, taken as a whole.

  • Material Document Defect As defined in Section 2.03(a) of this Agreement.

  • Material Leases has the meaning set forth in Section 4.21.

  • Material Customer has the meaning set forth in Section 3.22(a).

  • Material Information means any information (Material Fact or Material Change) relating to the business and affairs of the Company that results in or would reasonably be expected to result in a significant change in the market price or value of any of the Company’s securities;

  • Material Suppliers has the meaning set forth in Section 3.15(b).

  • Material Contracts has the meaning set forth in Section 3.09(a).

  • Material Debt means Debt (except (i) Debt of the Borrower outstanding hereunder and (ii) Non-recourse Debt) of the Borrower and/or one or more of its Subsidiaries, arising in one or more related or unrelated transactions, in an aggregate principal or face amount exceeding $150,000,000.