Schedule Recovery Plan definition

Schedule Recovery Plan means a written recovery plan, approved by PacifiCorp, an initial draft of which Seller shall submit to PacifiCorp (i) within five (5) Business Days after Seller’s receipt of a written request from PacifiCorp in the event of Seller’s Abandonment of the Facility under clause (b) of the definition thereof or (ii) by the Scheduled Commercial Operation Date in the event of Seller’s failure to achieve Commercial Operation by the Scheduled Commercial Operation Date. The Schedule Recovery Plan shall include a detailed plan to complete all necessary work to achieve Commercial Operation by the Scheduled Commercial Operation Date, in the case of Abandonment, or, in the case of failure to achieve Commercial Operation by the Scheduled Commercial Operation Date, by the first to occur of (i) the date that occurs one hundred eighty (180) days following the Scheduled Commercial Operation Date or (ii) the date that occurs on the third (3rd) anniversary of the Effective Date (“Cure Period Deadline”). Upon its receipt of a draft recovery plan, PacifiCorp shall promptly approve or submit reasonable revisions to it.
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Schedule Recovery Plan has the meaning ascribed thereto in Section 5.2 of the Contract.
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Schedule Recovery Plan means a written recovery plan, approved by PacifiCorp, an initial draft of which Seller shall submit to PacifiCorp (i) within five (5) Business Days after Seller’s receipt of a written request from PacifiCorp in the event of Seller’s Abandonment of the Facility under clause (b) of the definition thereof or (ii) by the Scheduled Commercial Operation Date in the event of Seller’s failure to achieve Commercial Operation by the Scheduled Commercial Operation Date. The Schedule Recovery Plan shall include a detailed plan to complete all necessary work to achieve Commercial Operation by the Scheduled Commercial Operation Date, in the case of Abandonment, or, in the case of failure to achieve Commercial Operation by the Scheduled Commercial Operation Date, by the first to occur of (i) the date that occurs one hundred eighty (180) days following the Scheduled Commercial Operation Date or (ii) the date that occurs on the third (3rd) anniversary of the Effective Date (“Cure Period Deadline”). Upon its receipt of a draft recovery plan, PacifiCorp shall promptly approve or submit reasonable revisions to it. Seller promptly shall incorporate any such revisions into the plan and resubmit it to PacifiCorp for approval. Upon approval of the revised plan by PacifiCorp, Seller shall diligently prosecute the work in accordance with the Schedule Recovery Plan. Seller shall be responsible for any costs or expenses incurred by Seller as a result of the formulation and implementation of the Schedule Recovery Plan. Approval by PacifiCorp of such plan shall not be deemed in any way to have relieved Seller of its obligations under this Agreement relating to the failure to timely achieve Commercial Operation by the Scheduled Commercial Operation Date or be a basis for any increase in the Contract Price or other claim against PacifiCorp.
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Examples of Schedule Recovery Plan in a sentence

  • The Contractor prepared Progress Report shall review the Project Schedule, review the Schedule Recovery Plan if necessary, and review the Three-Week-Look-Ahead Schedule.

  • At the Owners request the Contractor shall have the opportunity to initiate a Schedule Recovery Plan to get the project back on schedule.

  • If the CITY fails to meet the commitments in the approved Schedule Recovery Plan, the AQMD may immediately terminate the commitment to fund the affected berth(s).

  • To maintain eligibility for Program funds, the project must be on schedule or operating under an approved Schedule Recovery Plan.

  • Contractor shall then resubmit a revised Schedule Recovery Plan addressing such modifications as shall have been provided by Owner within five (5) additional days and, upon approval by Owner, promptly proceed with such additional Work as may be required under the Schedule Recovery Plan.

  • If Owner disapproves all or any portion of the Schedule Recovery Plan, Owner shall approve those portions of the Schedule Recovery Plan that are acceptable and provide modifications to those portions of the Schedule Recovery Plan that have been disapproved.

  • In the event CONTRACTOR fails to ------------------------------- deliver any Design Documents or other items, including without limitation submittals or shop drawings, to COMPANY by the dates agreed upon, CONTRACTOR shall develop a Schedule Recovery Plan.

  • The other 60 Contractor Milestones are to be agreed to later and Section 8.3 allows the EPC Contractor to create a Schedule Recovery Plan when Critical Path Items are missed.

  • Approval by Owner of a Schedule Recovery Plan shall not be deemed in any way to have relieved Contractor of its obligations under this Agreement relating to the failure to achieve completion of the Scope of Work on or before the Guaranteed Final Acceptance Date, be a basis for an increase in the Contract Price, or limit the rights of Owner under ARTICLE 11.

  • If COMPANY approves such Schedule Recovery Plan, COMPANY shall pay the additional Reimbursable Costs incurred in carrying out such Schedule Recovery Plan, and the Budgeted Cost of the Work shall be increased by the amount of such additional Reimbursable Costs.


More Definitions of Schedule Recovery Plan

Schedule Recovery Plan has the meaning set forth in Section 5.9.
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Related to Schedule Recovery Plan

  • financial recovery plan means a plan prepared in terms of section 141 of the MFMA

  • Disaster Recovery Plan means has the meaning set out in paragraph 1.2.3 of Schedule 5 (Disaster Recovery and Business Continuity);

  • Recovery Plan means a recovery plan drawn up and maintained by an institution in accordance with Article 5;

  • Progress Schedule means a schedule of the Work, in a form satisfactory to Owner, as further set forth in Section 3.02.

  • Implementation Schedule means the Implementation Schedule in Section VII of the tendering documents.

  • Plan Schedule means the key terms applicable to Plans as set, and as may be varied by Us, from time to time in its absolute discretion without notice to You;

  • Shift Schedule means a written statement setting forth the days and hours upon which the employees are required to work.

  • Disaster recovery project means a redevelopment project

  • Business Continuity and Disaster Recovery Plan means the Schedule containing plans and provisions for business continuity and disaster recovery.

  • Disaster Recovery Services means the Services embodied in the processes and procedures for restoring the provision of Services following the occurrence of a Disaster, as detailed further in Call Off Schedule 8 (Business Continuity and Disaster Recovery);

  • Work Progress Schedule means the continually updated time schedule prepared and monitored by Contractor that accurately indicates all necessary appropriate revisions as required by the conditions of the Work and the Project while maintaining a concise comparison to the Baseline Schedule.

  • Amortization Schedule means, with respect to each Equipment Note, the amortization schedule for such Equipment Note delivered pursuant to Section 2.02 of the Trust Indenture.

  • Specification Schedule means the Schedule containing details of the Specification.

  • Baseline Schedule means the initial time schedule prepared by Contractor for Owner’s information and acceptance that conveys Contractor’s and Subcontractors’ activities (including coordination and review activities required in the Contract Documents to be performed by A/E and ODR), durations, and sequence of work related to the entire Project to the extent required by the Contract Documents. The schedule clearly demonstrates the critical path of activities, durations and necessary predecessor conditions that drive the end date of the schedule. The Baseline Schedule shall not exceed the time limit current under the Contract Documents.

  • Applicable Recovery Period means the three completed fiscal years immediately preceding the Restatement Date for a Financial Restatement. In addition, in the event the Company has changed its fiscal year: (i) any transition period of less than nine months occurring within or immediately following such three completed fiscal years shall also be part of such Applicable Recovery Period and (ii) any transition period of nine to 12 months will be deemed to be a completed fiscal year.

  • Delinquency Collection Policies and Procedures The delinquency collection policies and procedures of the Interim Servicer, a copy of which is attached to the Interim Servicing Agreement as Exhibit 11.

  • CREFC® Servicer Watch List/Portfolio Review Guidelines As of each Determination Date a report, including and identifying each Performing Serviced Loan satisfying the “CREFC® Portfolio Review Guidelines” approved from time to time by the CREFC® in the “CREFC® Servicer Watch List” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form (including other portfolio review guidelines) for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Expected Amortization Schedule means, with respect to any Tranche, the expected amortization schedule related thereto set forth in the Series Supplement.

  • Product Schedule means a product schedule documenting the specific terms and conditions applying to a Product as may be amended, updated or replaced from time to time (and includes any Electronic Platform Schedules);

  • Disaster Recovery System means the system identified by the Supplier in the Supplier Solution which shall be used for the purpose of delivering the Disaster Recovery Services;

  • Construction Schedule means a construction schedule indicating the planned start and completion dates of the major activities of the Work as set out in Appendix [ ], a future Appendix;

  • Completion Schedule means the fulfilment of the Related Services by the Supplier in accordance with the terms and conditions set forth in the Contract;

  • Donor profile record means all records about donors or potential donors to a public institution of higher education except the names and reported addresses of the actual donors and the date, amount, and conditions of the actual donation.

  • Disaster Recovery shall be defined as the installation and storage of Product in ready-to-execute, back-up computer systems prior to disaster or breakdown which is not used for active production or development.

  • Operating Plan means a plan adopted or amended under this section for the development, redevelopment, maintenance, operation and promotion of a business improvement district, including all of the following:

  • Project Schedule means a document that, with respect to each Phase of the Project, identifies, coordinates and integrates the anticipated design and construction schedules, the Contracting Authority’s and Owner's responsibilities, government authority reviews and other activities as are necessary for the timely completion of the Work.