Proposed Allowable Annual Cut Sample Clauses

Proposed Allowable Annual Cut. Our Agreement Area was partly selected and approved in 2002 based upon the criteria of supporting a coniferous Allowable Annual Cut of 50 000 cubic metres per year. The Agreement Area was negotiated from tenure holders who previously operated within it. The volume was taken from the B.C. Timber Sales Program. Similar to the remainder of the Xxxxxx Valley Timber Supply Area, the AAC for the Community Forest is currently projected to be maintained for 10 to 20 years. Afterwards, a decrease of 10% per decade will occur until the long-term harvest level is reached. This long-term harvest level is projected to be 29 000 cubic metres per year, after six decades. As previously stated in this plan, we intend to compensate for the falldown effect through enhanced management practices, improved inventories and increased diversity and marketing of end products. These strategies will be developed over the term of this Management Plan so that their benefits may be realized before the falldown continues. Beginning with a harvest level of 31 000 cubic metres in the first year will further offset this falldown (refer to Appendix ‘C’).
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Proposed Allowable Annual Cut. The proposed Allowable Annual Cut (AAC) for the Squamish Community Forest is 20,000 m3/year.
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Proposed Allowable Annual Cut. The Timber Supply Analysis (i.e., “Fort Xxxxxx Community Forest, Timber Supply Analysis and Data Package”) for the Community Forest area was completed by Industrial Forestry Service Ltd. The complete analysis is presented as Attachment x . This analysis describes the methodology used to complete the analysis along with the results of the analysis including various sensitivity analysis. The Base Case harvest of 217,650 cubic metres per year can be maintained for 100 years before dropping to the long-term harvest of 199,850 m3/year. From within this harvest, the amount of volume coming from BCTS operating areas averaged 31,560 cubic metres per year for this first 50 years. The key uncertainty relative to timber supply is the yet to be finalized caribou management objectives. As indicated by the sensitivity analysis completed by IFS the largest potential implication for the timber supply of the Community Forest could arise through the use of a seral stage cap in caribou range areas. It is anticipated that the BCRIP will include a seral stage cap for caribou range areas, however, a government decision regarding this issue has not been finalized. A sensitivity analysis was completed utilizing a potential 6% seral stage cap which demonstrated that an AAC of 117,000 m3/yr. could be maintained for 150 years with approximately 18,200 m3 coming from BCTS pricing unit areas. Given this significant uncertainty, the CFA believes it is prudent to proceed with the best available information and make adjustments to the CFA upon finalization of caribou management objectives by the provincial government. As a result, the AAC that has been recommended in the analysis report for approval by the District Manager is 217,000 m3 per year for the next five years inclusive of a 31,560 m3/year volume reservation for BCTS.
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Proposed Allowable Annual Cut. The proposed allowable annual cut (AAC) for XXX X0X is 46,700 cubic meters
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Related to Proposed Allowable Annual Cut

  • Average Annual Compensation The Executive's "Average Annual Compensation" for purposes of this Agreement shall be deemed to mean the average level of compensation paid to the Executive by the Employers or any subsidiary thereof during the most recent five taxable years preceding the Date of Termination, including Base Salary and benefits and bonuses under any employee benefit plans of the Employers.

  • Minimum Annual Royalty Beginning in the calendar year after the first occurrence of SALEs, and in each succeeding calendar year thereafter, LICENSEE will pay to REGENTS a minimum annual royalty of [Written amount] U.S. Dollars ($ Number) for the life of this AGREEMENT. This minimum annual royalty will be paid to REGENTS by February 28 of each year and will be credited against the earned royalty due and owing for the calendar year in which the minimum payment is made.

  • Minimum Annual Royalties Company shall pay to JHU minimum annual royalties as set forth in Exhibit A. These minimum annual royalties shall be due, without invoice from JHU, within thirty (30) days of each anniversary of the EFFECTIVE DATE beginning with the first anniversary. Running royalties and sublicense consideration accrued under Paragraphs 3.3 and 3.4, respectively, and paid to JHU during the one year period preceding an anniversary of the EFFECTIVE DATE shall be credited against the minimum annual royalties due on that anniversary date.

  • Sick Leave Annual Cash Out ‌ Each January, employees are eligible to receive cash on a one (1) hour for four (4) hours basis for ninety-six (96) hours or less of their accrued sick leave, if: A. Their sick leave balance at the end of the previous calendar year exceeds four hundred and eighty (480) hours; B. The converted sick leave hours do not reduce their previous calendar year sick leave balance below four hundred and eighty (480) hours; and C. They notify their payroll office by January 31st that they would like to convert their sick leave hours earned during the previous calendar year, minus any sick leave hours used during the previous year, to cash. All converted hours will be deducted from the employee’s sick leave balance.

  • Maximum Annual Operating Expense Limit The Maximum Annual Operating Expense Limit with respect to each Fund shall be the amount specified in Schedule A based on a percentage of the average daily net assets of each Fund.

  • Base Annual Salary “Base Annual Salary” means the greater of (1) the highest annual rate of base salary in effect for the Executive during the 12 month period immediately prior to a Change in Control or, (2) the annual rate of base salary in effect at the time Notice of Termination is given (or on the date employment is terminated if no Notice of Termination is required).

  • Annual Percentage Rate Each Receivable has an APR of not more than 25.00%.

  • Intent to Limit Charges to Maximum Lawful Rate In no event shall the interest rate or rates payable under this Agreement, plus any other amounts paid in connection herewith, exceed the highest rate permissible under any law that a court of competent jurisdiction shall, in a final determination, deem applicable. Borrower and the Lender Group, in executing and delivering this Agreement, intend legally to agree upon the rate or rates of interest and manner of payment stated within it; provided, however, that, anything contained herein to the contrary notwithstanding, if said rate or rates of interest or manner of payment exceeds the maximum allowable under applicable law, then, ipso facto, as of the date of this Agreement, Borrower is and shall be liable only for the payment of such maximum as allowed by law, and payment received from Borrower in excess of such legal maximum, whenever received, shall be applied to reduce the principal balance of the Obligations to the extent of such excess.

  • Minimum Revenue Borrower and its Subsidiaries shall have Revenue from sales, marketing or distribution of the Product and related services (for each respective measured period, the “Minimum Required Revenue”): (a) during the twenty-four month period beginning on January 1, 2015, of at least $45,000,000; (b) during the twenty-four month period beginning on January 1, 2016, of at least $80,000,000; (c) during the twenty-four month period beginning on January 1, 2017, of at least $110,000,000; and (d) during the twenty-four month period beginning on January 1, 2018, of at least $120,000,000; and (e) during the twenty-four month period beginning on January 1, 2019, of at least $120,000,000.

  • Maximum Total Payment Including the reimbursable expenses shown above (if any), the maximum total payment under this Contract is $ ; this is a not-to-exceed amount, and the District will not pay more than this amount unless specifically agreed to in an amendment executed by the parties.

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