Description: A "VEVENT" calendar component is a grouping of component properties, possibly including "VALARM" calendar components, that represents a scheduled amount of time on a calendar. For example, it can be an activity; such as a one-hour long, department meeting from 8:00 AM to 9:00 AM, tomorrow. Generally, an event will take up time on an individual calendar. Hence, the event will appear as an opaque interval in a search for busy time. Alternately, the event can have its Time Transparency