Allocation Event definition

Allocation Event means the absolute value of the difference between the Target Exposure and the Exposure
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Allocation Event means any one of the following:
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Allocation Event means an event that does not constitute a force majeure event, but includes (1) an NGL Facility's planned or unplanned maintenance, (2) a force majeure event declared by an NGL Facility, (3) refusal by an NGL Facility to accept Raw Product deliveries from Buyer, or (4) any other action by an NGL Facility that reduces Buyer's ability to use the NGL Facility.
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Examples of Allocation Event in a sentence

  • Such reduction in the Class Investor Interest will not result in any change in any numerator for purposes of determining any Class Percentage with respect to such Class if a Fixed Principal Allocation Event with respect to such Series has previously occurred.

  • The Agreement shall continue as to the remaining parties, but shall trigger an Allocation Event.

  • DESFA will also inform Gastrade if any Proportional Allocation Event occurred in the previous Gas Month and its effect on the OBA Balance.

  • DESFA will also inform Gastrade if any Proportional Allocation Event occurred in the relevant Gas Day and its effect on the OBA Balance.

  • The portion of the premium paid by each Trust shall be allocated among the Trusts based upon the minimum amount of coverage required under Rule 17g-1 under the Investment Company Act of 1940, as amended and then allocated among each of the Funds in a Trust based on their respective assets under management as of the date of the Allocation Event.

  • On each date following the Initial Closing Date when a Lease SUBI Allocation Event occurs, subject to the satisfaction of the terms and conditions set forth herein, SPV shall sell, assign, transfer, set over and otherwise convey to the Issuer all of SPV's right, title and interest in, to and under the Additional Transferred Assets, by executing and delivering to the Issuer an assignment, substantially in the form of Exhibit B (an "Additional Assignment").

  • The portion of the premium paid by each Trust shall be allocated among the Trusts based upon the minimum amount of coverage required under Rule 17g-1 under the Investment Company Act of 1940, as amended, based on their respective assets under management as of the date of the Allocation Event.

  • If Processor is rendered unable, wholly or in part, by Force Majeure, to perform or comply with any obligation or condition of this Agreement for more than seventy-two (72) consecutive hours in a given Month that impacts system recoveries of Plant Products (an “Allocation Event”), then for the duration of the Allocation Event, Processor may allocate Plant Products and Residue Gas based on actual recoveries and fuels as described in this Section 2.5(b).

  • ICGB will also inform DESFA if any Proportional Allocation Event occurred in the relevant Gas Day and its effect on the OBA Balance.

  • Unless excused by either force majeure or Buyer’s failure to accept delivery for any reason, including force majeure or an Allocation Event, if Seller delivers less than the Minimum Volume for the Delivery Month, Seller shall pay the Deficiency Fee.


More Definitions of Allocation Event

Allocation Event means (i) a Final Order entered by the Bankruptcy Court or any other court of competent jurisdiction determining that the Expense Reimbursements and/or Accelerated Relocation Payments, or any portion thereof, are not the exclusive property of the ▇▇▇▇▇▇▇ Debtors, or (ii) any settlement entered into by the Debtors (a) providing that the Expense Reimbursements and/or Accelerated Relocation Payments, or any portion thereof, are not the exclusive property of the ▇▇▇▇▇▇▇ Debtors or (b) providing compensation of any kind to any person or entity other than a ▇▇▇▇▇▇▇ Debtor on account of any dispute or controversy concerning the ownership or any entitlement to any Expense Reimbursements and/or Accelerated Relocation Payment Claims under the C-Band Order (other than as set forth in the Plan and Settlement Agreement), unless, in either such event, such settlement has been approved in writing by the Required Consenting Unsecured Creditors.
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Allocation Event shall have the meaning set forth in Section 2.5.
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Allocation Event means any one of the following: (i) the end of a calendar year, (ii) the admission, withdrawal or expulsion of a Member, (iii) the termination of the Company for federal income tax purposes, (iv) the dissolution of the Company and (v) any other event which the Members, in their discretion, designate as an "Allocation Event". In case any person shall be admitted as a new Member to the Company, or any Member shall withdraw or be expelled from the Company or shall die, the Company shall be deemed to have sold its assets for their respective fair market values, as determined in good faith by the Managing Member, and concurrently repurchased such assets, on the date of such event for the same consideration.
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Allocation Event means (i) a Final Order entered by the Bankruptcy Court or any other court of competent jurisdiction determining that the Expense Reimbursements and/or Accelerated Relocation Payments under the C-Band Order are not the exclusive property of the ▇▇▇▇▇▇▇ Debtors, or (ii) any settlement, other than a settlement that is materially consistent with the terms of the Plan, entered into by the Debtors without the consent of the Required Consenting Creditors providing that the Expense Reimbursements and/or Accelerated Relocation Payments under the C-Band Order are not the exclusive property of the ▇▇▇▇▇▇▇ Debtors.
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Allocation Event means (i) a Final Order entered by the Bankruptcy Court or any other court of competent jurisdiction determining that the Expense Reimbursements and/or Accelerated Relocation Payments, or any portion thereof, are not the exclusive property of the Jackson Debtors, or
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Related to Allocation Event

  • Distribution Event means, as to each Participant, the earliest of the following events:

  • Reduction Event means any of the following:

  • Load Reduction Event means a reduction in demand by a Member or Special Member for the purpose of participating in the PJM Interchange Energy Market.

  • Servicer Termination Event shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement or at any time that the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, any analogous concept under the servicing agreement pursuant to which the Mortgage Loan is being serviced in accordance with the terms of this Agreement.

  • Valuation Event means an event in which the Company at any time during a Valuation Period takes any of the following actions: