Upset condition definition

Upset condition means a failure, breakdown, or malfunction of any piece of process equipment or pollution control equipment that causes, or has the potential to cause, excess emissions.

Upset condition means the sudden failure of air pollution control equipment or process equipment or of a process to operate in a normal or usual manner that causes, or is likely to cause, emissions that exceed an applicable emission standard and that results entirely or in part from either a malfunction or a preventable upset condition.

Upset condition shall have occurred if both of the following conditions exist as of the last day of the Pricing Period: (a) the Average Purchaser Closing Price is less than $80.82 (the "Floor Purchaser Price"); and (b) the number determined by dividing the Average Purchaser Closing Price by $101.03 is less than the number obtained by subtracting (i) 20% from (ii) the quotient obtained by dividing the Final Index Price by the Initial Index Price. The "Initial Index Price" means the $94.81 closing price of the KBW Nasdaq Regional Banking Index (KRX) on April 12, 2024. The "Average Purchaser Closing Price" means the average volume weighted trading price per share of Purchaser Common Stock on which shares of Purchaser Common Stock were actually traded in transactions reported on the Nasdaq stock exchange during the twenty (20) trading days immediately preceding the first date on which all Requisite Regulatory Approvals (and waivers, if applicable) necessary for the consummation of the Merger have been received (disregarding any waiting period) (the "Pricing Period"). The "Final Index Price" means the closing price of the KBW Nasdaq Regional Banking Index (KRX) on the last day of the Pricing Period.

Examples of Upset condition in a sentence

• Upset condition log for each engine and generator that includes date, time, duration of upset, cause, and corrective action.

• Upset condition is defined, for consideration of penstock transients, as a temporary condition due to separation from the power grid.

• Adefinition of Upset condition has been added in Section 19.6 of Regulation #19.

• Upset condition log for each emission unit (the 97 engines, 8 reserve engines, 32 cooling towers, and 100 fluid coolers) and their respective control units that include unit ID, date, time, duration of upset, cause, and corrective action.

• Terry gave a detailed report on the Upset condition that caused a Precautionary Drinking Water Advisory for the south line of Phase 3.

• Examples include: Upset condition reporting guidelines Submission of monitoring reports Notification requirements Testing requirements Exemption from limits requests E.

• Upset condition" means precipitation, earthquake, vandalism or other occurrence beyond the control of the dairy farm owner or operator that exceeds criteria for storage and containment facilities and nutrient man- agement in an approved environmental management plan.[37-604, added 2014, ch.

• Upset condition log for each emission unit (the 37 engines and 32 cooling towers) and their respective control units that include unit ID, date, time, duration of upset, cause, and corrective action.

More Definitions of Upset condition

Upset condition shall exist if both of the following conditions then exist:

Upset condition shall have occurred if both of the following conditions exist: (a) the Final Purchaser Price is less than $12.02 (the "Floor Purchaser Price"); and (b) the number determined by dividing the Final Purchaser Price by $15.02 (the "Initial Purchaser Price") is less than the number obtained by subtracting (i) .20 from (ii) the quotient obtained by dividing the Final Index Price by the Initial Index Price. The "Final Purchaser Price" means the average closing price of Purchaser Common Stock for the 5 trading days ending on the sixth Business Day prior to the date of Closing on which shares of Purchaser Common Stock were actually traded in transactions reported on The NASDAQ Global Select Market (the "Pricing Period"). The "Initial Index Price" means the closing price of the Nasdaq Bank Index (Nasdaq:IXBK), a sector index maintained by the Nasdaq Stock Market ("Bank Index") on January 6, 2014. The "Final Index Price" means the closing price of the Bank Index on the last day of the Pricing Period.

Upset condition shall have occurred if both of the following conditions exist: (a) the Final Purchaser Price is less than $11.13 (the “Floor Purchaser Price”); and (b) the number determined by dividing the Final Purchaser Price by $13.91 (the “Initial Purchaser Price”) is less than the number obtained by subtracting (i) 20% from (ii) the quotient obtained by dividing the Final Index Price by the Initial Index Price. The “Final Purchaser Price” means the average closing price of Purchaser Common Stock for the 10 trading days ending on the sixth Business Day prior to the date of Closing on which shares of Purchaser Common Stock were actually traded in transactions reported on The NASDAQ Global Select Market (the “Pricing Period”). The “Initial Index Price” means the closing price of the Nasdaq Bank Index (Nasdaq:IXBK), a sector index maintained by the Nasdaq Stock Market (“Bank Index”) on July 24, 2014. The “Final Index Price” means the closing price of the Bank Index on the last day of the Pricing Period.

Upset condition means precipitation, earthquake, vandalism or other occurrence beyond the control of the dairy farm owner or operator that exceeds criteria for storage and containment facilities and nutrient man- agement in an approved environmental management plan.

Upset condition shall have occurred if both of the following conditions exist as of the last day of the Pricing Period: (a) the Average Purchaser Closing Price is less than $23.58 (the "Floor Purchaser Price"); and (b) the number determined by dividing the Average Purchaser Closing Price by $29.47 (the "Initial Purchaser Price") is less than the number obtained by subtracting (i) 20% from (ii) the quotient obtained by dividing the Final Index Price by the Initial Index Price. The "Initial Index Price" means the closing price of the KBW Regional Banking Index (KRX), a sector index maintained by the Nasdaq Stock Market ("Bank Index") on January 2, 2015. The "Average Purchaser Closing Price" means the average volume weighted trading price per share of Purchaser Common Stock on which shares of Purchaser Common Stock were actually traded in transactions reported on The Nasdaq Global Select Market (the "Pricing Period") during the thirty (30) trading days preceding the fifth (5th) Business Day preceding the Closing Date. The "Final Index Price" means the closing price of the Bank Index on the last day of the Pricing Period.