System Loss definition

System Loss means loss, theft, damage or destruction of the System or any portion thereof, or any other occurrence or event that prevents or limits the System from operating in whole or in part, resulting from or arising out of any cause (including casualty, condemnation or Force Majeure).

System Loss means loss, theft, damage or destruction of a System or System Assets, or any other occurrence or event that prevents or limits such System from operating in whole or in part, resulting from or arising out of any cause (including casualty, condemnation or Force Majeure) other than (i) Provider’s negligence or intentional misconduct, (ii) Provider’s breach of maintenance obligations under the PPA, or (iii) normal wear and tear of the Projects.

System Loss means any loss of or damage to the System or System Assets or any part thereof that prevents the System from operating at full capacity, resulting from or arising out of any cause or occurrence including but not limited to theft, casualty, accident, condemnation or Force Majeure other than (i) Seller’s negligence or intentional misconduct, (ii) Seller’s breach of maintenance obligations under this PPA, or (iii) normal wear and tear of the System.

Examples of System Loss in a sentence

• The Borrower shall ensure, and cause to be ensured, the implementation of the System Loss Reduction Plan approved by the Borrower and agreed with ADB.

• In the event of any System Loss that, in the reasonable judgment of Seller, results in damage, destruction or loss (partial or total) of the System, this Agreement will remain in full force and effect so long as the System PPA remains in full force and effect.

• Subject to Buyer’s obligation to indemnify Seller set forth in Section 12.1, Seller shall bear the risk of any System Loss.

• In the event of any System Loss that, in the reasonable judgment of Tenant results in total damage, destruction or loss of the System, Tenant shall, within twenty (20) business days following the occurrence of such System Loss, notify Landlord of such damage, destruction or loss and further notify Landlord as to whether Tenant is willing to repair or replace the System pursuant to this Section 13.

• Tenant shall be entitled to all proceeds of insurance with respect to the System in connection with any System Loss.

More Definitions of System Loss

System Loss means loss, theft, damage or destruction of the System or System Assets, or any other occurrence or event that prevents or limits the System from operating in whole or in part, resulting from or arising out of any cause (including casualty, condemnation or Force Majeure).

System Loss has the meaning set fo1th in Section 18(b) of this Agreement. "System Removaf' has the meaning set fo1th in Section 6(c) of this Agreement. "Taxes and Assessments" has the meaning set forth in Section 16 of this Agreement. "Tests" has the meaning set forth in Section 2 of this Agreement.

System Loss. The loss, theft, damage or destruction of the System or any portion thereof, or any other occurrence or event that prevents or limits the System from operating in whole or in part, resulting from or arising out of any cause (including casualty, condemnation or Force Majeure). Substantial Completion Date or Commercial Operation Date. The date on which the Contractor warrants by written notice in the form shown in Exhibit F that the System is substantially complete and producing Electricity equal to or greater that the guaranteed electricity generation.

System Loss means as defined in Section 4.5(i).

System Loss means loss, theft, damage or destruction of the System, or any other occurrence or event that prevents or limits the System from

System Loss means the difference between volume of energy billed and volume of energy purchased as a percentage of volume of energy billed.

System Loss means the volume of water equal to the difference between the volume of water entering the distribution system and the volume of water that is sold.