Average Monthly Production definition
Average Monthly Production means the Facility’s average monthly production during the time period from the commencement of commercial operation to the Default or, if the Facility has been operated less than twelve months, the Estimated Annual Production divided by twelve.
Average Monthly Production means (x) the sum of the Accrued Production plus the Gross Production of the Transferred Employees for the Current Month (the "Aggregate Accrued Production"), divided by (y) the number of full calendar months beginning with the first full calendar month immediately after the Closing Date through and including the Current Month (the "Total Number of Months").
Examples of Average Monthly Production in a sentence
Average Monthly Production = * Average Monthly Utility Consumption: Description Utilization Variable utilities/month Elec.
Air / Mcf * 52 "TIER 1" @ 40% Average Monthly Production = * Utilization Rate Cost Description utilities/month $/_ $/Month ----------- --------------- ---- ------- Variable -------- Elec.