System Event definition

System Event means an event, which for the purposes of this Agreement, shall be deemed to be one (1) hour in duration (whether or not the actual duration is longer than one (1) hour) that causes the System to be in non-compliance with all or any applicable North American Electric Reliability Council disturbance control standards and/or causes the System Controller to shed firm load from the System.
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System Event has the meaning given to it in the PPA;
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System Event has the meaning given to it in the PPA; "System Operator" has the meaning given to it in the Codes;
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Examples of System Event in a sentence

  • If emergency Services are offered in the Proposal, emergency service hours are used to address and resolve a System Event.


More Definitions of System Event

System Event means an event identified as such in Table 1 in Article 1.7 of Part D to this Schedule 20.
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System Event means an event identified as such in Table 1 in Section 1.8 of Part D. For the avoidance of doubt, a System Event is classified as a Train Kilometres Availability Failure.
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System Event means an event that is registered electronically on a computerised screen at Panorama Security’s SMS requiring operator intervention and action by Panorama Security in accordance with the Commission Form.
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System Event means an event that is registered electronically on a computerised screen at SXP’s SMS requiring operator intervention and action by SXP in accordance with the Connection Form.
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System Event means any constraint or congestion on, any delay in, or any unavailability, interruption, curtailment, breakdown, inoperability or failure of, the whole or any part of the System;
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Related to System Event

  • Barrier Event means that R (final) is lower than the Barrier.

  • Load Reduction Event means a reduction in demand by a Member or Special Member for the purpose of participating in the PJM Interchange Energy Market.

  • Public event means any event that can be attended by the

  • Severe Disruption Event means any event specified as such in the Final Terms.

  • Benchmark Event means, with respect to an Original Reference Rate:

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

  • Covenant Trigger Event shall occur at any time that Availability is less than the greater of (a) $12.5 million and (b) 10% of the Line Cap then in effect. Once commenced, a Covenant Trigger Event shall be deemed to be continuing until such time as Availability equals or exceeds the greater of (i) $12.5 million and (ii) 10% of the Line Cap then in effect for 30 consecutive days.

  • Replacement Event shall have the meaning specified in Section 11.16.

  • SOFR Index Cessation Event means the occurrence of one or more of the following events:

  • Trigger Event shall have the meaning specified in Section 14.04(c).

  • €STR Index Cessation Event means the occurrence of one or more of the following events, as determined by the Issuer and notified by the Issuer to the Calculation Agent:

  • Load Management Event means a) a single temporally contiguous dispatch of Demand Resources in a Compliance Aggregation Area during an Operating Day, or b) multiple dispatches of Demand Resources in a Compliance Aggregation Area during an Operating Day that are temporally contiguous.

  • Notice Event means any of the events enumerated in paragraph (b)(5)(i)(C) of the Rule and listed in Section 4(a) of this Disclosure Agreement.

  • Delay Event means any event set out at Clause 5.19.4 [Delay Events].

  • OBFR Index Cessation Event means the occurrence of one or more of the following events:

  • Major Event means an event which is likely to pose a serious risk to public health in relation to medicinal products in more than one Member States. Such an event concerns a deadly threat or otherwise serious threat to health of biological, chemical, environmental or other origin or incident that can affect the supply or quality, safety, and efficacy of medicinal products. Such an event may lead to shortages of medicinal products in more than one Member State and necessitates urgent coordination at Union level in order to ensure a high level of human health protection.