Permanent facility closure definition

Permanent facility closure means the permanent shutdown of a
Sample 1Sample 2Sample 3
Permanent facility closure means any permanent cessation of commercial operations of the Project (i.e., canned and/or bottled beverage products permanently cease to be manufactured and warehoused on, and distributed from, the Project Site), which shall be evidenced by either (a) any decision by the Company to cease such commercial operations thereon permanently, or (b) any actual cessation of such commercial operations for twelve (12) or more consecutive months other than as a result of (i) a casualty loss event; provided that the Company makes reasonable efforts thereafter to repair and/or rebuild damaged portions of the Project and/or recommence Project operations; or (ii) any other Force Majeure Event.
Sample 1

Examples of Permanent facility closure in a sentence

  • Without limiting any other rights and remedies available to any of the Taxing Authorities arising from a default by the Company of any obligation thereof set forth herein, in the event of a Permanent Facility Closure, the Fee-in-Lieu granted hereby may also be subject to suspension and/or termination in accordance with MCA §§ 27-31-104(6) and 00-00-000 and other applicable law.

Related to Permanent facility closure

  • Replacement Facility means 1 of the following:

  • Nursing facility means an institution as defined in Iowa Code chapter 135C. This definition does not include acute care settings.

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

  • Designated facility means (a hazardous waste treatment, storage, or disposal facility which :

  • Facility means the entire operation located on the property where the Equipment is located;