Excess Annual Tonnage Threshold definition

Excess Annual Tonnage Threshold means the Tons of Acceptable Waste during a Contract Year as set forth in Schedule 1, as the same may be modified or amended from time to time by the Jurisdictions pursuant to Section 2.2(b) or, in the case of the Extended Term, pursuant to Section 2.2(c).
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Excess Annual Tonnage Threshold shall be the sum of the Excess Monthly Tonnages reflected in this Schedule 1. During the Extended Term, the “Minimum Annual Tonnage” shall be equal to zero and the “Excess Annual Tonnage Threshold” shall be determined in accordance with Section 2.2(c). Schedule 2 Base Tipping Fee, Excess Tonnage Tip Fee and Adjustment Factor Term Contract Start End Base Excess Tonnage Year Tipping Tip
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Excess Annual Tonnage Threshold shall be determined in accordance with Section 2.2(c). Schedule 2 Base Tipping Fee, Excess Tonnage Tip Fee and Adjustment Factor Term Contract Start End Base Excess Tonnage Year Tipping Tip
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Examples of Excess Annual Tonnage Threshold in a sentence

  • The initial Minimum Annual Tonnage shall be 50,000 Tons per Contract Year and the initial Excess Annual Tonnage Threshold shall be 70,000 Tons per Contract Year as shown in Schedule 1.

  • If there is an amendment in either the Minimum Annual Tonnage or the Excess Annual Tonnage Threshold, or both, the difference between such amounts shall always be 20,000 Tons.

  • The Jurisdictions may, from time to time in their sole discretion, amend the Minimum Annual Tonnage, the Excess Annual Tonnage Threshold, the Excess Monthly Tonnage, and the Minimum Monthly Tonnage in accordance with Section 2.2(b).

  • Jurisdictions shall have the right, in their sole discretion, to amend Schedule 1 to increase or decrease the Minimum Annual Tonnage or the Excess Annual Tonnage Threshold, or both, by no more than 5,000 Tons each Contract Year by delivering written notice to the Company at least ninety (90) days prior to the Effective Date or the first day of the pertinent Contract Year, as applicable, in which the adjustment is to be effective.

Related to Excess Annual Tonnage Threshold

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Average Annual Bonus means the average of the annual bonuses (if any) from the Company earned by the Executive with respect to the Bonus Fiscal Years during all or any portion of which the Executive was employed by the Company; and, provided, further, that, if the Executive was not employed by the Company during all or any portion of any of the Bonus Fiscal Years, “Average Annual Bonus” means zero.

  • Pro-rata Annual Bonus means the amount of Annual Bonus, multiplied by a fraction, the numerator of which is the number of days in such year during which the Executive was actually employed by the Company (or its predecessor) and the denominator of which is 365.

  • Semi-Annual Period means each of: the period beginning on and including January 1 and ending on and including June 30; and the period beginning on and including July 1 and ending on and including December 31.

  • Excess Cash Flow Percentage 50%; provided that the Excess Cash Flow Percentage shall be reduced to (a) 25% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 3.75 to 1.00 and (b) to 0% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 2.25 to 1.00.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Minimum Quarterly Distribution means $0.35 per Unit per Quarter (or with respect to the period commencing on the Closing Date and ending on September 30, 2005, it means the product of $0.35 multiplied by a fraction of which the numerator is the number of days in such period and of which the denominator is 92), subject to adjustment in accordance with Section 6.6 and Section 6.9.

  • Quarterly Excess Available Funds Percentage means, with respect to the March 2008 Transfer Date and each Transfer Date thereafter, the percentage equivalent of a fraction the numerator of which is the sum of the Excess Available Funds Percentages with respect to the immediately preceding three Monthly Periods and the denominator of which is three.

  • Average Annual Compensation For the purposes of this Agreement, “Average Annual Compensation” shall be an amount equal to the annual average of the sums of (x) the Executive’s annual Base Salary from the Company plus (y) the amount of Incentive Awards accrued by TNS for the Executive, in each case for the three calendar years that ended immediately before (or, if applicable, coincident with) the Change in Control Date;

  • Threshold Percentage means 15%.

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

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

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Target Amount is defined in Section 4.3(b)(i).

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

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

  • Excess Cash Amount means, as of any Excess Cash Measurement Date, (a) the total amount of Unrestricted Cash, less (b) the sum of (i) the applicable Minimum Cash Threshold hereto corresponding to such Excess Cash Measurement Date, (ii) the total amount of scheduled payments due by OEC and its Subsidiaries, taken as a whole, under (x) the New Notes and (y) any other Permitted Indebtedness in each case in the subsequent twelve (12) month period, (iii) projected expenses for the Issuer to conduct its operations during the subsequent twelve (12) month period, including any foreign currency conversion expenses and (iv) for any Excess Cash Measurement Date through (and including) December 31, 2024, any Fines due by OEC and its Subsidiaries for the subsequent twelve (12) month period; less (c) an amount equal to the Required Gross-Up; provided that any items already deducted from cash and short-term investments of OEC and its Subsidiaries for purposes of determining Unrestricted Cash shall not be deducted again for purposes of determining the Excess Cash Amount.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).