Suspending Event definition

Suspending Event includes: (1) the lack of availability, after the Operator has diligently, timely and in good faith attempted to secure same, of any required equipment, materials and/or personnel, such as the specific type of rig or specific type of casing or drill pipe necessary for Injection; or (2) the unreasonable or unexpected delay by any government agency or political subdivision in granting, modifying, or reinstating permits necessary for Injection; or (3) an order of any federal or state court of competent jurisdiction preventing or suspending Injection; or (4) the act of a third party, not under the control or at the instigation of the Operator, in shutting down and unreasonably refusing to reopen any pipeline, plant, or facility through which a Carbon Dioxide Stream for a Facility are necessarily emitted or passed through as part of the capture, transport or Injection of a Carbon Dioxide Stream (and provided there is no other reasonably economical method or alternative of carrying on Injection of a Carbon Dioxide Stream) so as to prevent Injection; or (5) other events not described herein that may be recognized by the State.
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Suspending Event includes: (1) the lack of availability, after the Operator has diligently, timely and in good faith attempted to secure same, of any required equipment, materials and/or personnel, such as the specific type of rig or specific type of casing or drill pipe necessary for the occurrence of an act or event that would otherwise extend the effectiveness of this Agreement or prevent its termination; or (2) the unreasonable or unexpected delay by any government agency or political subdivision in granting, modifying, or reinstating permits necessary for the occurrence of an act or event that would otherwise extend the effectiveness of this Agreement or prevent its termination (e.g., delays relating to permits for the expected Carbon Dioxide source plant or facility); or (3) an order of any federal or state court of competent jurisdiction preventing or suspending the occurrence of an act or event that would otherwise extend the effectiveness of this Agreement or prevent its termination; or (4) the act of a third party, not under the control or at the instigation of the Operator, in shutting down and unreasonably refusing to reopen any pipeline, plant, or facility through which a Carbon Dioxide Stream for a Facility are necessarily emitted or passed through as part of the capture, transport or Injection of a Carbon Dioxide Stream (and provided there is no other reasonably economical method or alternative of carrying on Injection of a Carbon Dioxide Stream) so as to prevent the occurrence of an act or event that would otherwise extend the effectiveness of this Agreement or prevent its termination; or (5) any delays lasting one-hundred eighty (180) days or more due to shut downs, closures, repairs, maintenance or damage events to any pipeline, plant or facility through which a Carbon Dioxide Stream for a Facility is emitted or passed through as part of the capture, transport or Injection of a Carbon Dioxide Stream; or (6) other events not described herein that may be recognized by the State.
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Suspending Event includes: (1) the lack of availability, after Operator has diligently, timely and in good faith attempted to secure same, of any required equipment, materials and/or personnel, such as the specific equipment necessary for Operations; or (2) the unreasonable or unexpected delay by any government agency or political subdivision in granting, modifying, or reinstating Permits necessary for Operations; or (3) an order of any federal or state court of competent jurisdiction preventing or suspending the Operations; or (4) the act of a third party, not under the control or at the instigation of Operator, in shutting down and unreasonably refusing to reopen the Windpower Facilities through which the generation of electricity from the Windpower Facilities are necessarily passed through as part of the transmission of energy so as to prevent production; or (5) Repowering Activities; or (6) other events not described herein that may be recognized by the State.
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Examples of Suspending Event in a sentence

  • Notwithstanding anything in Article 3(B)(1) or 3(B)(2), this Lease may also be maintained in some cases after the Primary Term in accordance with Article 3(C) (Deferred Development Payment), Article 3(D) (Shut-In Payment) and Article 5 (Force Majeure and Suspending Event).


More Definitions of Suspending Event

Suspending Event as herein utilized, shall be: (1) the lack of availability, after Lessee has diligently, timely and in good faith attempted to secure same, of any required equipment and/or personnel, such as the specific type of rig or specific type of casing or drill pipe; or (2) the unreasonable delay by any government agency or political subdivision in granting permits necessary for Acceptable Lease Operations or Production in Paying Quantities; or (3) an order of any federal or state court of competent jurisdiction preventing Acceptable Lease Operations or Production in Paying Quantities; or (4) the act of a third party, not under the control or at the instigation of Lessee, in shutting down and unreasonably refusing to reopen any facility through which hydrocarbons from this Lease are necessarily passed as part of production (and provided there is no other reasonably economical method of carrying on production); or (5) other events not described herein that are recognized by Xxxxxx.
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Related to Suspending Event

  • Delaying Event means any failure of a Party to perform any of its obligations set forth in this Agreement, caused in whole or in part by:

  • Disabling Event means the General Partner ceasing to be the general partner of the Partnership pursuant to Section 17-402 of the Act.

  • Sporting event means any of the following athletic activities that is organized, operated, managed, or sponsored by the School:

  • Delisting Event means any time during the term of this Investment Agreement, that the Company's Common Stock is not listed for and actively trading on the O.T.C. Bulletin Board, the Nasdaq Small Cap Market, the Nasdaq National Market, the American Stock Exchange, or the New York Stock Exchange or is suspended or delisted with respect to the trading of the shares of Common Stock on such market or exchange.

  • De-listing Event means the situation where (i) the shares in the Issuer are not listed and admitted to trading on a Regulated Market or (ii) trading in the shares in the Issuer on the relevant Regulated Market is suspended for a period of fifteen (15) consecutive Business Days.

  • Disqualifying Event has the meaning specified in the definition of Eligible Currency.

  • TLAC Disqualification Event means OSFI has advised the Bank in writing that the bail-inable notes issued under the applicable pricing supplement will no longer be recognized in full as TLAC under the TLAC Guideline as interpreted by the Superintendent, provided that a TLAC Disqualification Event will not occur where the exclusion of those bail-inable notes from the Bank’s TLAC requirements is due to the remaining maturity of those bail-inable notes being less than any period prescribed by any relevant eligibility criteria applicable as of the issue date of those bail-inable notes.

  • Discontinuation Event means (i) when the Commission notifies the Company whether there will be a “review” of such Registration Statement and whenever the Commission comments in writing on such Registration Statement (the Company shall provide true and complete copies thereof and all written responses thereto to each of the Holders); (ii) any request by the Commission or any other Federal or state governmental authority for amendments or supplements to such Registration Statement or Prospectus or for additional information; (iii) the issuance by the Commission of any stop order suspending the effectiveness of such Registration Statement covering any or all of the Registrable Securities or the initiation of any Proceedings for that purpose; (iv) the receipt by the Company of any notification with respect to the suspension of the qualification or exemption from qualification of any of the Registrable Securities for sale in any jurisdiction, or the initiation or threatening of any Proceeding for such purpose; and/or (v) the occurrence of any event or passage of time that makes the financial statements included in such Registration Statement ineligible for inclusion therein or any statement made in such Registration Statement or Prospectus or any document incorporated or deemed to be incorporated therein by reference untrue in any material respect or that requires any revisions to such Registration Statement, Prospectus or other documents so that, in the case of such Registration Statement or Prospectus, as the case may be, it will not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading.

  • Capital Disqualification Event has the meaning specified in Section 1.1 of the Indenture.

  • ERISA Termination Event means (i) a Reportable Event described in Section 4043 of ERISA and the regulations issued thereunder (other than a Reportable Event not subject to the provision for 30-day notice to PBGC), or (ii) the withdrawal of the Borrower or any of its ERISA Affiliates from an ERISA Plan during a plan year in which the Borrower or any of its ERISA Affiliates was a “substantial employer” as defined in Section 4001(a)(2) of ERISA, or (iii) the filing of a notice of intent to terminate an ERISA Plan or the treatment of an ERISA Plan amendment as a termination under Section 4041 of ERISA, or (iv) the institution of proceedings to terminate an ERISA Plan by the PBGC or to appoint a trustee to administer any ERISA Plan, or (v) any other event or condition that would constitute grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any ERISA Plan.

  • MREL Disqualification Event means that, at any time, all or part of the outstanding nominal amount of Securities is or will be excluded fully or partially from the eligible liabilities available to meet the MREL Requirements provided that: (a) the exclusion of a Series of such Securities from the MREL Requirements due to the remaining maturity of such Securities being less than any period prescribed thereunder, does not constitute a MREL Disqualification Event; (b) the exclusion of all or some of a Series of Securities due to there being insufficient headroom for such Securities within a prescribed exception to the otherwise applicable general requirements for eligible liabilities does not constitute a MREL Disqualification Event; and (c) the exclusion of all or some of a Series of Securities as a result of such Securities being purchased by or on behalf of the Issuer or as a result of a purchase which is funded directly or indirectly by the Issuer, does not constitute a MREL Disqualification Event.

  • Suspension/Withdrawal Event means, in respect of the Benchmark:

  • Event Date shall have the meaning set forth in Section 2(d).

  • Terminating Event means any of the following events:

  • Change of Control Triggering Event means the occurrence of both a Change of Control and a Rating Event.

  • Disqualification Event shall have the meaning ascribed to such term in Section 3.1(rr).

  • Material Event has the meaning set forth in Section 3(i) hereof.