Annual Supply Level definition

Annual Supply Level means the quantities of Timber to be hauled by the Contractor (and, to the extent the Contractor elects pursuant to Schedule 6, by an Other Contractor) in each Contract Year from the Supply Zones to the Delivery Sites as specified in Item 3 of Schedule 1 less any reduction to those quantities pursuant to clauses 3.4, 12.2(c), 13.3(a) and 15.6(a).
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Annual Supply Level means the annual quantity of Timber planned to be sold by VicForests and purchased by the Buyer in each Supply Year set out in item 5 of Schedule 2. Annual Timber Intake means the quantity of Timber agreed to be sold by VicForests and purchased by the Buyer in a Supply Year specified in the Operational Plan for that Supply Year less the quantity of any Timber not to be supplied by VicForests as a result of the application of clause 22.3.
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Examples of Annual Supply Level in a sentence

  • The contract quantity is expressed in cubic metres per annum and is defined in the Agreement as the Annual Supply Level.

  • For the avoidance of doubt, the Timber Sale Agreement Take or Pay provisions apply to 90% of the Annual Supply Level which is equal to the fixed minimum quantity.

Related to Annual Supply Level

  • Base Level means the following amounts plus the percentage

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Working level (WL) means any combination of short-lived radon daughters in 1 liter of air that will result in the ultimate emission of 1.3E+5 MeV of potential alpha particle energy. The short-lived radon daughters are—for radon-222: polonium-218, lead-214, bismuth-214, and polonium-214; and for radon-220: polonium-216, lead-212, bismuth-212, and polonium-212.

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

  • Normal Minimum Generation means the lowest output level of a generating resource under normal operating conditions.

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • Initial Level means, in respect of an Index, the level specified as such in the applicable Issue Terms.

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Contract Quantity means the quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in the Cover Sheet.

  • Baseline means the “Initial Small Business Lending Baseline” set forth on the Initial Supplemental Report (as defined in the Definitive Agreement), subject to adjustment pursuant to Section 3(a).

  • Project Year means the twelve-month period beginning from the Effective Date and ending twelve months thereafter (the First Project Year), and any twelve-month period beginning at the end of the First Project Year, or the end of subsequent Project Years;

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Nominated Energy Efficiency Value means the amount of load reduction that an Energy Efficiency Resource commits to provide through installation of more efficient devices or equipment or implementation of more efficient processes or systems.

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • Price Level means the price of the Share last determined and published by the Exchange on any day (official closing price).

  • Use Level means the license use meter or model (which may include operating system, hardware system, application or machine tier limitations, if applicable) by which Symantec measures, prices and licenses the right to use the Licensed Software, in effect at the time an order is placed for such Licensed Software, as indicated in this License Agreement and the applicable License Instrument.