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 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;

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.

Examples of System Event in a sentence

• The Investment Manager generally will not perform a materiality analysis on the potential impact of a System Event.

• Irrespective of the merit, value and/or strength of a particular Model, it will not perform as designed if incorrect Data is fed into it which may lead to a System Event potentially subjecting the Portfolio to a loss.

• The events can be further divided by Power Event and System Event categories, and choosing the specific event.

• Emergency service hours are used to address and resolve a System Event.

• The Buyer shall pay to the Seller the Deemed Energy Payment for all Deemed Energy accruing in each Billing Period calculated in terms of clause 14 (Consequences of a System Event), clause 15 (Consequences of a Compensation Event) and Schedule 5 (Deemed Energy Payment).

• The initial Monitoring Instructions must be set out in the CSA (Part E) and are the procedures to be followed by Chubb in the event of a System Event.

• Where any System Event commencing in one Contract Year carries over into the following Contract Year (the "Second Contract Year"), the period of time for which such System Event endures in the Second Contract Year shall be included in the calculation of the Allowed Grid Unavailability Period for all System Events commencing in and enduring in the Second Contract Year.

• The availability of this service cannot be guaranteed at the time of a System Event.

• If Duress Alarms (CSA Part D) are selected by the Customer, the Customer acknowledges and agrees that a duress System Event will not result in automatic notification to Emergency Services or their attendance at the Site.

• The enabling of the Equipment or Pre-Existing Equipment to ensure that a System Event is transmitted from the Equipment or Pre-Existing Equipment to a receiver.

More Definitions of System Event

System Event has the meaning given to it in the PPA;

System Event has the meaning given to it in the PPA; "System Operator" has the meaning given to it in the Codes;

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.

System Event means an event identified as such in Table 1 in Article 1.7 of Part D to this Schedule 20.

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.