Standard Time. The standard time per piece produced is the length of time required by an average qualified operator working at normal pace and under standard conditions to produce one piece. This time is determined by stop-watch timestudy observation or standard data derived from timestudy in the Company’s Georgetown Plant.
Standard Time. Daylight Saving Time Weekends
Standard Time. It is unlimited as to its duration and may be terminated by either party upon giving ninety (90) days notice of cancellation in writing. In the event either party terminates in accordance with the above, it is understood that all transactions coming within the terms of this Agreement will continue in effect within the said ninety (90) days.
Standard Time. The Retrocessionaires shall remain liable for all losses under original contracts in force until their expiration or renewal dates, whichever come first, plus an additional 12 month period should an original contract be renewed at an original reinsured's option. In addition, the Retrocessionaires shall remain liable as respects any run-off obligations under the original contracts covered hereunder. In the event a Retrocessionaire opts not to continue its participation on the agreement replacing this Agreement, the Retrocessionaire shall remit to the Retrocedent 90% of the Retrocessionaire's share of the positive balance of premium received, less losses paid, and less ceding and other commissions within 30 days after the termination of the Agreement. This provision shall not apply in the event this Agreement is not renewed. Notwithstanding the cancellation of this Agreement as hereinabove provided, its provisions shall continue to apply to all unfinished business hereunder to the end that all obligations and liabilities incurred by each party hereunder prior to such termination shall be fully performed and discharged.
Standard Time. In all cases, the time of departure used herein shall be the time of block departure of the airplane. When changes In the regional time occur in flight, the regional time at the of last take-off shall be used in computing the day and night flying time for that leg of the trip,
Standard Time. The standard time is calculated by adding the time described in clause 10 to the pro- duction time, if relevant and as described.
Standard Time. The date and time used and effective between the Customer and the FLIP Consortium in connection with these Terms shall be Japan Standard Time.
Standard Time. It is also hereby mutually understood and agreed that this Contract is amended as follows:
Standard Time. For the avoidance of doubt, all references to year, date, and time in this Agreement and the Detailed Regulations shall be interpreted in accordance with Japan Standard Time (UTC+9).
Standard Time. This Agreement shall replace the 1968 Agreement and shall become effective on at 12:00 a.
