Common use of Maximum TEC Clause in Contracts

Maximum TEC. The maximum TEC to qualify toward the procurement commitment of the Voluntary Agreement is the sum of the specified STB Base type allowance and the sum of all applicable Additional Functionality Allowances as defined in Equation 1. Equation 1: Maximum TEC = + βˆ‘_

Appears in 1 contract

Samples: Voluntary Agreement

AutoNDA by SimpleDocs

Maximum TEC. The maximum TEC to qualify toward the procurement commitment of the Voluntary Agreement is the sum of the specified STB Base type allowance and the sum of all applicable Additional Functionality Allowances as defined in Equation 1. Equation 1: Maximum TEC π’Š 𝑻𝑬π‘ͺ𝑴𝑨𝑿 = 𝑻𝑬π‘ͺ𝑩𝑨𝑺𝑬 + βˆ‘_βˆ‘ 𝑻𝑬π‘ͺ𝑨𝑫𝑫𝑳_π’Š Where: TECBASE is the Base Type Allowance (kWh); and TECADDL_i is each applicable Additional Functionality Allowance (kWh).

Appears in 1 contract

Samples: Voluntary Agreement

Maximum TEC. The maximum TEC to qualify toward the procurement commitment of the Voluntary Agreement is the sum of the specified STB Base type allowance and the sum of all applicable Additional Functionality Allowances as defined in Equation 1. Equation 1: Maximum TEC TECMAX = TECBASE + βˆ‘_Ξ£ TECADDL_i

Appears in 1 contract

Samples: Voluntary Agreement

AutoNDA by SimpleDocs

Maximum TEC. The maximum TEC to qualify toward the procurement commitment of the Voluntary Agreement is the sum of the specified STB Base type allowance and the sum of all applicable Additional Functionality Allowances as defined in Equation 1. Equation 1: Maximum TEC = + βˆ‘_.

Appears in 1 contract

Samples: Voluntary Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.