Operations Failure definition

Operations Failure shall have the meaning provided in the definition ofEBITDA Lost as a Result of a Unit Outage”.
Operations Failure shall have the meaning provided in the definition ofEBITDA Lost as a Result of a Unit Outage”. “Organizational Documents” shall mean, (a) with respect to any corporation, the certificate or articles of incorporation and the bylaws (or equivalent or comparable constitutive documents with respect to any non-U.S. jurisdiction), (b) with respect to any limited liability company, the certificate or articles of formation or organization and operating agreement and (c) with respect to any partnership, joint venture, trust or other form of business entity, the partnership, joint venture or other applicable agreement of formation or organization and, if applicable, any agreement, instrument, filing or notice with respect thereto filed in connection with its formation or organization with the applicable Governmental Authority in the jurisdiction of its formation or organization and, if applicable, any certificate or articles of formation or organization of such entity. “Other Connection Taxes” shall mean, with respect to any recipient of any payment to be made by or on account of any obligation of any Credit Party under any Credit Document, Taxes imposed as a result of any current or former connection between such recipient and the jurisdiction imposing such Tax (other than any such connection arising from such recipient having executed, delivered or performed its obligations or received a payment under, received or perfected a security interest under, or having been a party to or having engaged in any other transaction pursuant to or enforced, this Agreement or any other Credit Document, or sold or assigned an interest in any Loan or Credit Document). “Other Taxes” shall mean any and all present or future stamp, registration, court, documentary or any other excise, property or similar Taxes (including interest, fines, penalties, additions to such Taxes) arising from any payment made or required to be made under this Agreement or any other Credit Document or from the execution or delivery of, registration or enforcement of, from the receipt or perfection of a security interest under, consummation or administration of, or otherwise with respect to, this Agreement or

Examples of Operations Failure in a sentence

  • Sincerely, Kimberly Albritton Kimberly Albritton Director of Financial Operations Failure to file a protest within the time prescribed in s.

  • With regard to a Liquidation Event, Operations Failure or Permanent Hold, if Shareholder (or its designee) fails to give such notice within the said thirty (30) days, the Company, and its liquidator if applicable, shall have no further obligations to Shareholder (or its designee) pursuant to this Section 5.1 of this Article V of this Agreement.

  • These were Operations Failure, Service Delivery System Failure, Customer Request Failure, Employee Action Failure, Cleanliness Failure, Design Failure, Service Recovery, and Customer Intention.

  • General Risks Associated with the Mergers and the Integration of VBV, IBE and EGP into the Company’s Operations Failure to complete the Mergers could negatively impact the Company’s stock price and the future business and financial results of the Company.

Related to Operations Failure

  • Service Level Failure means a failure to perform the Software Support Services fully in compliance with the Support Service Level Requirements.

  • Listing Failure means the situation where the Bonds have not been listed on the corporate bond list of Nasdaq Stockholm (or any other Regulated Market) within sixty (60) calendar days after the Issue Date.

  • Planned Outage means the removal of equipment from service availability for inspection and/or general overhaul of one or more major equipment groups. To qualify as a Planned Outage, the maintenance (a) must actually be conducted during the Planned Outage, and in Seller’s sole discretion must be of the type that is necessary to reliably maintain the Project, (b) cannot be reasonably conducted during Project operations, and (c) causes the generation level of the Project to be reduced by at least ten percent (10%) of the Contract Capacity.

  • Public Information Failure shall have the meaning ascribed to such term in Section 4.3(b).