Tolling Event means 1[the action or inaction of a third party,
Tolling Event means any of the following events or transactions occurring on or after the date hereof:
Tolling Event has the meaning assigned in Section 8.03(c).
Examples of Tolling Event in a sentence
Unable to Determine: Tolling event on this tax period is still open.6 Since original tax return was filed late, tax and interest may not be dischargeable, if tax return fails the "Beard Test".
More Definitions of Tolling Event
Tolling Event means 1[the action or inaction of a third party, or occurrence or circumstance that delays the timely completion or commercial operation of a qualified solar electric power generation facility, that is not within the reasonable control of the project sponsor of the qualified solar electric power generation facility, and shall be limited solely to the failure of an electric public utility or PJM Interconnection, L.L.C. to approve an application for interconnection with the utility distribution system or interstate transmission system, or to negotiate, execute, and deliver any other engineering or other studies, agreements, or approvals required by the electric public utility or PJM Interconnection, L.L.C. as a prerequisite to project interconnection or commercial operation, within such time period as would allow a project sponsor to achieve commercial operation of a qualified solar electric power generation facility pursuant to an award, authorization, or conditional approval under a solar incentive program] any action or inaction of the PJM Interconnection, L.L.C., 3[or an applicable electric public utility,]3 any moratorium in new applications declared by the PJM Interconnection, L.L.C., 3[or an applicable electric public utility,]3 any deferral in processing of existing applications by the PJM Interconnection, L.L.C., 3[or an applicable electric public utility,]3 any new application process, study, report, or analysis established by the PJM Interconnection, L.L.C., 3[or an applicable electric public utility,]3 to approve and contract a project, 2[or]2 the deferral to negotiate, execute, and deliver any other engineering or other studies, agreements, or approvals required by the PJM Interconnection, L.L.C., 3[or an applicable electric public utility,]3 as a prerequisite to project interconnection or commercial operation of a qualified solar electric power generation facility 3[, 2[that] or any undue delay in the provision of a permit or approval required by a local government unit, including a local land use board, caused by the action or inaction of the local government unit, which2 delays the timely completion or commercial operation of a qualified solar electric power generation facility1]3 .
Tolling Event means any action or inaction of the PJM
Tolling Event means the occurrence of any “default,” “event of default” or similar term under and as defined in the debt documents of Parent and its Subsidiaries listed on Schedule 1.1, in each case, as in effect on the date hereof.
Tolling Event has the meaning set forth in Section 1.1 of the Buyer Disclosure Schedules.
Tolling Event means following a Casualty Event, the failure of the monthly Revenues of the Gaming Facility to equal at least fifty percent (50%) of the Average Gaming Facility Revenues for three (3) consecutive Fiscal Months.
Tolling Event means (i) an act or omission by one Party or a third Party that is identified as a Tolling Event or Uncontrollable Circumstance under this Agreement; or (ii) any reasonable request by one Party to the other to extend the time for performance of any obligation, requirement, commitment or responsibility arising pursuant to this Agreement, which request is granted by the other Party.
Tolling Event means, following a Casualty Event, the failure of the monthly Revenues of the Gaming Facility to equal at least fifty percent (50%) of the Average Gaming Facility Revenues for three(3) consecutive Fiscal Months.