Relief Period definition

Relief Period means the period commencing on the Amendment No. 2 Effective Date and terminating on the Relief Period Termination Date. For the avoidance of doubt, only one Relief Period may occur during the term of this Agreement, and no Relief Period may be in effect after the first date on which the Relief Period Termination Date occurs.

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Relief Period means the period from the first day of the first full fiscal quarter ended after the First Amendment Effective Date and ending on (but not including) the Relief Period Termination Date.

Relief Period has the meaning specified in Section 7.09.

Examples of Relief Period in a sentence

• Refers to power (kW) and energy (kWh): (a) ordinarily supplied by the Company that is displaced by use of Electric Generating Equipment and/or reduced by Applicant at the Customer’s premises; or (b) produced by use of Electric Generating Equipment by a Customer consistent with regulatory requirements; and, in both instances, delivered by a Customer to the Company’s distribution system during a Load Relief Period.

• The Baseline Verification Methodology will be used by the Company to verify the actual Load Relief provided (measured in kW and kWh) during each hour of each designated Load Relief Period and Test Event.

• The Company will provide reasonable notification to Applicant, including by telephone, e-mail, or machine-to-machine electronic signal, or a combination thereof, in advance of the commencement of a Load Relief Period or Test Event.

• For clarity and the avoidance of doubt, only Applicant will receive notifications hereunder from Con Edison, including, without limitation, notifications relating to any Load Relief Period or Test Event, and Applicant shall be responsible for notifying all of its participating Customers and any necessary third parties.

• During the Covenant Relief Period, the Company shall pay the reasonable fees and expenses of (i) ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇▇▇▇ Canada Limited or another petroleum engineer engaged by the Majority Noteholders (or legal counsel on their behalf) and (ii) FTI Consulting, Inc.

More Definitions of Relief Period

Relief Period means the five fiscal quarters ending March 31, 2020, June 30, 2020, September 30, 2020, December 31, 2020 and March 31, 2021.

Relief Period means the period commencing on the Closing Date and terminating on the Relief Period Termination Date. For the avoidance of doubt, only one Relief Period may occur during the term of this Agreement, and no Relief Period may be in effect after the first date on which the Relief Period Termination Date occurs.

Relief Period the period commencing on July 1, 2020 through (but not including) the Relief Period Termination Date.

Relief Period has the meaning specified in Section 10.12.2.

Relief Period has the meaning specified in the Current Credit Agreement (as in effect on the First Amendment Effective Date).

Relief Period means the period commencing on the First Amendment Effective Date and continuing until the date (such earlier date, the “Relief Period Termination Date”) which is the earlier to occur of: (a) the date specified as the “Relief Period Termination Date” in a written notice from the Company to the Administrative Agent (which written notice shall be delivered to the Administrative Agent five (5) Business Days prior to the “Relief Period Termination Date” specified in such notice) and (b) the date on which both (i) the financial statements required by Section 6.01(b) and (ii) the Compliance Certificate required by Section 6.02(a), in each case, for the fiscal quarter ending March 31, 2025, shall have been delivered to the Administrative Agent by the Company (or, if earlier, the date on which such statements and certificate were required to be delivered to the Administrative Agent pursuant to such Sections).

Relief Period means, (a) with respect to a Phase I Program Receivable, the related deferral period (not to exceed thirty (30) days) during which no Scheduled Receivable Payments are due in accordance with the COVID-19 Customer Relief Program, and (b) with respect to a Phase II Program Receivable, the related period (not to exceed ninety (90) days) during which Scheduled Receivable Payments are reduced in accordance with the COVID-19 Customer Relief Program.