Cooperative basis definition

Cooperative basis means that net savings, after payment of any investment dividends or after provision for separate funds has been made as required or authorized by law, the certificate of formation, or bylaws, are:
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Cooperative basis means the Cooperative principles enumerated in section 3 of this Act;
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Cooperative basis means the allocation of Cooperative earnings in proportion to the value in monetary terms of business done by a Patron with the Cooperative. While the Cooperative may conduct business with nonmembers on a Cooperative Basis or on another basis, it is anticipated that the Cooperative will only do business on a Cooperative Basis with its members.
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Examples of Cooperative basis in a sentence

  • Affective disorders or adaptive behavior which restricts effective functioning in the standard program Services for these eligible children are provided on a District or Cooperative basis.

  • To encourage member investment in renewable energy resources, comply with Public Utility Regulatory Policies Act (PURPA), enhance the continued diversification of Illinois’ energy resource mix and protect the Illinois environment through the use of renewable fuel sources while honoring the Cooperative’s obligation to provide electricity to all members on a Cooperative basis as required by the Illinois Not-for- Profit Act and Internal Revenue Code Section 501 (c) (12).

  • To establish safety, reliability and economic standards for interconnection and parallel operation of distributed generation that encourage the development of member-owned on-site electric generation facilities using renewable fuel sources designed primarily to offset the member’s electrical requirements while honoring the Cooperative’s obligation to provide electricity to all members on a Cooperative basis.

  • Defending that property against a person who was committing an offence.

  • To construct houses for low and middle income groups for the benefit of Jains; either on its own or on a Co-operative basis.

  • To encourage member investment in renewable energy resources, comply with the Public Utility Regulatory Policies Act (PURPA), enhance the continued diversification of Illinois’ energy resource mix and protect the Illinois environment through the use of renewable fuel sources while honoring the Cooperative’s obligation to provide safe and reliable electricity to all members on a Cooperative basis as required by the Illinois Not-for-Profit Act and Revenue Code Section 501(c)(12).

  • It is the objective of this policy to encourage member investment in renewable energy resources, comply with the Public Utility Regulatory Policies Act (PURPA), enhance the continued diversification of Illinois’ energy resource mix and protect the Illinois environment through the use of renewable fuel sources while honoring the Cooperative’s obligation to provide electricity to all members on a Cooperative basis as required by the Illinois Not-for-Profit Act and Revenue Code Section 501(c)(12).

  • Upon receiving a proposal to dissolve the Cooperative, the Board shall invite all other Entities operating on a Cooperative basis, Providing electricity, and located in North Carolina, to submit, within a period of not less than 120 days from the date of such invitation, a proposal to merge or consolidate with the Cooperative.

  • The society exists for illegal purpose, (c) The society willfully violated the provisions of the Act and (d) not operating on Co-operative basis.

  • Repealed 5–7 [Repealed 2007-7-35.] Cooperative basis 8 (1) An association must be organized and operated and must carry on business on a cooperative basis.


More Definitions of Cooperative basis

Cooperative basis means the carrying on of an enterprise organized, operated and administered in accordance with the cooperative principles set out in section 4;
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Cooperative basis means the conduct of business for the mutual benefit of the members as. patrons.
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Cooperative basis means that net savings, after payment of any investment dividends or after provision for separate funds has been made as required or authorized by law,
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Cooperative basis means that the net savings after payment, if any, of investment dividends and after making provisions for separate funds required or specifically permitted by statute, articles, or by-laws is allocated or distributed to member patrons, or to all patrons, in proportion to their patronage or retained by the enterprise for the actual or potential expansion of its services, the reduction of
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Related to Cooperative basis

  • Interest Rate Basis means the Base Rate Basis or the LIBOR Basis, as appropriate.

  • Base Rate Basis means a simple interest rate equal to the sum of (a) the Base Rate and (b) the Applicable Margin applicable to Base Rate Advances. The Base Rate Basis shall be adjusted automatically as of the opening of business on the effective date of each change in the Base Rate to account for such change, and shall also be adjusted to reflect changes of the Applicable Margin applicable to Base Rate Advances.

  • Individual Case Basis or "ICB" shall have the meaning set forth in Exhibit I.

  • Fee Basis Amount As of any date of determination, the sum of (a) the Collateral Principal Amount, (b) the Aggregate Principal Balance of all Defaulted Obligations and (c) the aggregate amount of all Principal Financed Accrued Interest.

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.

  • Alternate Base Rate means, for any day, a rate per annum equal to the greater of (a) the Prime Rate in effect on such day and (b) the Federal Funds Effective Rate in effect on such day plus ½ of 1%. Any change in the Alternate Base Rate due to a change in the Prime Rate or the Federal Funds Effective Rate shall be effective from and including the effective date of such change in the Prime Rate or the Federal Funds Effective Rate, respectively.

  • Approved Pricing Service means a pricing or quotation service as set forth in Schedule 1.01(a) or any other pricing or quotation service approved by the Board of Directors of the Borrower and designated in writing to the Administrative Agent (which designation shall be accompanied by a copy of a resolution of the Board of Directors of the Borrower that such pricing or quotation service has been approved by the Borrower).

  • Designated country construction material means a construction material that is a WTO GPA country construction material, an FTA country construction material, a least developed country construction material, or a Caribbean Basin country construction material.

  • Approved program or approved State means a State administered NPDES program which has been approved or authorized by EPA under 40 CFR Part 123.

  • WTO GPA country construction material means a construction material that—

  • Reference method means any direct test method of sampling and analyzing for an air pollutant as specified in 40 CFR 60, Appendix A*.