Project Scale Sample Clauses

Project Scale. (a) The initial scale of production for the first year of the Company after its establishment is estimated to be: Wire ropes: 50,000 tons (b) As more fully described in the Feasibility Study Report, the Parties wish to expand the scale of production of wire ropes from 50,000 tons to 100,000 tons within two (2) to three (3) years after the establishment of the Company. (c) Subject to Section 5.3(b) above, the development plan and implementation schedule of the Company shall be decided by the Board based on domestic and international market conditions. In addition, the Company may expand or reduce production capacity, increase or decrease product varieties based on the capacity of the Company, the domestic and foreign market demand and other factors as decided by the Board.

Project Scale. This project covers an area of 89,684.4 sq. meters. The buildings covers an area of 75,352.11 sq. meters (actual area should be approved by Dalian Changxing Island Harbor Industry Zone Planning Department). Construction cost is estimated to be within RMB 175 million (all expenses are determined by budget and final cost, and Party B needs written confirmation from Party A regarding its expenses for this Project, otherwise Party A has the right to refuse to pay to Party B at final settlement)

Project Scale. The Finding also suggests that the scale of the Project—its absolute size—subjects a small firm participating in the Project to a potential risk of catastrophic financial loss of $15 billion at certain low-estimate market prices [FIF-C-9]. This is due largely to the risks of cost overruns associated with large, complex projects. Here, however, the Applicant is not a small firm, but three of the largest companies in the world. The smallest among them has a market cap in excess of $100 billion. It’s worth noting that the economic risks associated with the sponsor of a pipeline project will be evaluated by the regulatory agencies in the United States and Canada to determine whether to green light the project, and if green lighted, an appropriate rate of return on equity reflecting such risks. These risks include: completion risk, cost overrun, operational performance, capacity gaps, and securing the initial shipping contracts. If the regulators do their job, the allowed rate of return on equity is “adequate” given the project risks. Those returns will be there for the taking so long as shippers are able to make their payments for service on the line.7 In reality, neither the project sponsors nor their pipeline subsidiaries will actually invest $18 billion. Most of the capital will come from lenders who are repaid from the revenue generated through shippers’ payments. Plus, the federal loan guarantees available through the Department of Energy combined with the limited recourse financing described in the Fiscal Interest Finding means the Producers’ risk exposure will be hedged on this Project. The combined equity required from all three companies is approximately $4 billion. That exposure can be reduced further if the Producers simply commit to ship the gas on their leases. Such commitment has the added benefit of increasing the performance of their investment metrics as well:

Project Scale. (a) The initial scale of production for the first year of the Company after its establishment is estimated to be: DTY 80,000 tons FDY 8,000 tons POY 10,000 tons (b) As more fully described in the Feasibility Study Report, the Parties wish to expand the scale of production to an annual sales of US$500,000,000 to US$600,000,000 within five (5) years after establishment of the Company, increasing from the current scale of approximately US$130,000,000 at Plant Number 5. During such five (5) year expansion period, the Company shall maintain an acceptable return on investment for the Parties. Accordingly, the Parties agree that the appropriate course of development for the Company shall include: (i) optimizing the existing business of Plant Number 5 by higher yields and productivity, higher-value product mix and increased sales; (ii) building additional processing capacity to absorb Party A’s surplus POY capacity; (iii) introducing further value-added processes such as textured yarn package dyeing; and (iv) investing in new polymerization and POY capacity for the Company’s use to expand the business. (c) Subject to Section 4.3(b) above, the development plan and implementation schedule of the Company shall be decided by the Board based on domestic and international market conditions. In addition, the Company may expand or reduce production capacity, increase or decrease product varieties based on the capacity of the Company, the domestic and foreign market demand and other factors as decided by the Board.

Project Scale. The total land area of the project is about 50 mu, and the total investment is 540 million YUAN, including fixed asset investment of 150 million yuan and working capital of 390 million yuan. ​

Project Scale. The scale of the developments in terms of capital investment and operating revenues are extremely large. The capital value of current LNG developments is measured in tens of billions. Project cash flows are significant and because there are generally long term contracts with end users, there is continuity and consistency of revenues. As such, scaling benefits packages to the size of the projects results in significant funds that are potentially available to be applied to benefit packages contained in agreements, while not significantly affecting the rate of return from the project. There is also value in predictability of payments under agreements as this assists in planning and funding initiatives and programs. Negotiations over quantum therefore need not focus so much on a project’s capacity to pay but rather on how payments can be applied to achieve positive and lasting social and economic benefit to affected communities. Furthermore, there is a huge underlying incentive for companies to have certainty and security of investment achieved through a robust social licence to operate.