Economic Hardship means an economic hardship as determined based on criteria established by senior management of the Company and approved by the human resources committee of the Board with the input of senior management of the Company.
Economic Hardship means a situation where the land- owner or land operator of an eligible site as identified in the water- shed plan has a debt−to−asset ratio of more than 60% and verifies this to the appropriate responsible governmental unit and the department with a signed statement from an accredited financial institution or a certified public accountant.
Economic Hardship means the inability to pay living or
Examples of Economic Hardship in a sentence
If the University Board approves the Economic Hardship Termination recommendation, then this Contract shall terminate at the end of the current school year without any further action of the parties.
The University Board’s revocation procedures set forth in Section 10.6 do not apply to an automatic termination initiated by the State’s Automatic Closure Notice or an Economic Hardship Termination under this Section 10.7.
If the College Board approves the Economic Hardship Termination recommendation, then this Contract shall terminate at the end of the current school year without any further action of the parties.
The College Board’s revocation procedures set forth in Section 10.6(c) do not apply to an automatic termination initiated by the State’s Automatic Closure Notice or an Economic Hardship Termination under this Section 10.3.
The applicant is required to submit documentation supporting their request for an Economic Hardship Waiver at the time of the application by attaching the supporting document to the grant application.
More Definitions of Economic Hardship
Economic Hardship means, at any time or from time to time during the Term, Customer’s annual Net Revenues earned from the Data Centre are, or are reasonably anticipated to be, less than per calendar year for the next three years (or the remaining amount of the Term if such remaining period is less than three years).
Economic Hardship means the inability to pay living or business expenses.
Economic Hardship shall be defined as permanent closure of all of Shipper’s Louisiana phosphoric acid production facilities. In the event that an Economic Hardship occurs and Shipper cancels the remaining term of this Contract, and in the event Shipper continues to produce or acquire Phosphate or products derived therefrom at its Florida operations, Carrier and Shipper agree to negotiate in good faith, and prior to the effective date of Shipper’s cancellation, an agreement for the transportation by Carrier of all Phosphate or other products derived therefrom acquired or produced at Shipper’s Florida operations (above and beyond Shipper’s prior tonnage commitments to Carrier pursuant to any other then-existing contract or agreement) to the Port of New Orleans, or other destinations in the vicinity therewith for transloading into river barges or for storage, which Shipper anticipates would range from approximately 500,000 to 900,000 tons per year (“Alternate Cargo Agreement”). Said Alternative Cargo Agreement would have a freight rate equal to the freight rate then effective from time to time under any then-existing affreightment contract between Carrier and Shipper (other than this Contract) for the transportation of Phosphate or products derived therefrom (“Existing DAP Agreement”) or if no such agreement then exists, the rate for transport of this alternate cargo will be 8% higher than the rate specified in this contract for shipments on non-self unloading vessels with load and discharge terms as outlined in Sections 11 and 14 of this contract. If such an Alternate Cargo Agreement is entered into prior to or as of the effective date of Shipper’s Cancellation, Shipper shall receive a credit against the freight charges thereunder and to be applied against such freight charges on a dollar for dollar basis, in the aggregate, up to the amount of the Buyout Payment made by Shipper under this Contract. If an Alternate Cargo Agreement is entered following the effective date of Shipper’s Cancellation, Shipper shall receive a credit against the freight charges thereunder and to be applied against such freight charges on a dollar for dollar basis, in the aggregate, up to a prorated Buyout Payment, with such pro-ration to account for the difference between the commencement date of the Alternate Cargo Agreement and the effective date of the Shipper’s Cancellation. In the event an “Economic Hardship” condition ceases to exist, Carrier shall have the option to reinstate this Contract sub...
Economic Hardship means, for the purpose of this Regulatory Plan, a permittee serving an area that does not have an alternative water source available and where average per capita income is more than 35% below the county average. If data for a permittee’s specific service area or geographic limits is not available, a permittee may use data corresponding to the appropriate census tracts or zip codes.
Economic Hardship means circumstances in which, in the case of Seller, its average price for coal tar (a raw material) exceeds for at least three months the then applicable price for Creosote sold hereunder as specified on Exhibit 3, and, in the case of Buyer, its average selling price for creosote products is less than for at least three months the then applicable price paid for Creosote as specified on Exhibit 3.
Economic Hardship means economic conditions in the British Columbia coastal forest industry which result in shutdown of timber harvesting operations by the industry generally.
Economic Hardship means a finding under the authority of this chapter that a person does not have sufficient assets, credit, or other means to pay for an emissions-related repair required by this chapter;