Examples of Viable in a sentence
Notwithstanding anything contained in this Agreement to the contrary, the Applicant shall not be in breach of, and shall not be subject to any liability for failure to Maintain Viable Presence to the extent such failure is caused by Force Majeure, provided the Applicant makes commercially reasonable efforts to remedy the cause of such Force Majeure.
In order to receive and maintain the limitation authorized by Section 2.4 in addition to the other obligations required by this Agreement, the Applicant shall Maintain Viable Presence in the District commencing at the start of the Tax Limitation Period through the Final Termination Date of this Agreement.
If there is not a Viable and Sufficient transmission solution, the ISO will select among the Viable and Sufficient generation solutions as follows.
The minimum viable amount (the “Minimum Viable Amount”) for the Sub-Fund shall be euro 50 million.
In the event that the aggregate amount of subscriptions prior to the close of the Initial Subscription Period does not reach the Minimum Viable Amount or the Net Asset Value of this Sub-Fund falls below the Minimum Viable Amount, the Management Company may decide not to launch the Sub-Fund or to liquidate the Sub- Fund in accordance with article 20 of the Management Regulations.