Expected Annual Production definition

Expected Annual Production or “Average Annual Production” means the expected average annual production of the Facility as determined by a CT Licensed Professional Engineer and/or as calculated by the EDC.
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Expected Annual Production means the economic production from a mine for each future year as estimated by an analysis of the life-of-mine mining plan for the property.
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Expected Annual Production means the future economic production of an oil and gas property as estimated by the Property Tax Division using decline curve analysis. Expected annual production does not include production used on the same well, lease, or unit for the purpose of repressuring or pressure maintenance.
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Examples of Expected Annual Production in a sentence

  • The second goal is to explore novel methods for suppressing foodborne pathogens—specifically, this project will evaluate how soil amendments and farm management affect the ability of feces-feeding soil bacteria to suppress pathogens (Escherichia coli and Listeria).

  • No more than thirty (30) days after a SCEF achieves commercial operation, the associated Selected Bidder/Subscriber Organization shall provide Operating Period Security in an amount equal to the ACP multiplied by fifty (50) percent of the Expected Annual Production of the Facility (in MWh).

  • NY-Sun: Expected Annual Production Associated with 6 GWdc Goal (MWh) Note: The megawatt-hours included in Table 4 are estimated amounts based on a statewide capacity factor.

  • To the extent that Seller does not meet their obligations under Section 5.8.2 Seller shall pay PPUC for the amount of Electric Energy not delivered for that Contract Year, calculated by subtracting the Annual Electric Energy Production from the Minimum Expected Annual Production, and multiplying this difference by the Product Price for that Contract Year, as set forth in Schedule 6.

  • Seller shall not modify any of the key design specifications of any Facility detailed in Appendix A, including any change to a Facility or its design that would change the Expected Capacity of such Facility or the Minimum Expected Annual Production, Expected Annual Production or Maximum Expected Annual Production of the Project, without the prior written consent of PPUC.

  • All Solar: Statewide Distributed Solar Expected Annual Production Supported by NYSERDA (MWh) Notes: NYPA Customers and LIPA Service Territory represents incentive funding supported with proceeds under the Regional Greenhouse Gas Initiative (RGGI).The megawatt-hours included in Table 6 are estimated amounts based on a statewide capacity factor.

  • To ensure supply to Department,‘Right to Refusal’ shall be provided to the Department for a minimum of 10% of the Expected Annual Production of Fingerlings.

  • A Gelucire 44/14 and labrasol based solid self emulsifying drug delivery system: formulation and evaluation.

  • Seller warrants that the Annual Electric Energy Delivered in any Contract Year will be equal to or greater than the Minimum Expected Annual Production for that Contract Year as set forth in Schedule 5.

  • Notwithstanding any other provision of this Agreement, PPUC shall have no obligation to purchase or accept, any Electric Energy at the Delivery Point for any Facility in excess of the Maximum Expected Annual Production of such Facility, as set forth in Schedule 5.


More Definitions of Expected Annual Production

Expected Annual Production means, with respect to any Contract Year, the Electric Energy set forth on Schedule 5, adjusted from time to time as provided in Article 4 or Article 6.
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Expected Annual Production means the base case forecasted production:
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Expected Annual Production means, with respect to any Contract Year, the Electric Energy set forth on Schedule 5, adjusted from time to time as provided in Clause 5 or Clause 7.
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Expected Annual Production means the expected production from the Contract Amount for each Contract Year as set forth in Exhibit B.
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Expected Annual Production means the economic (a) actual sales of like mineral by the taxpayer; production from a mine for each future year as estimated by an (b) actual sales of like mineral by other taxpayers; or analysis of the life-of-mine mining plan for the property. (c) posted prices of like mineral; or
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Related to Expected Annual Production

  • Commercial Production means the operation of the Property or any portion thereof as a producing mine and the production of mineral products therefrom (excluding bulk sampling, pilot plant or test operations);

  • Projected Annual Benefit means the annual retirement benefit (adjusted to an actuarial equivalent straight life annuity if such benefit is expressed in a form other than a straight life annuity or Qualified Joint and Survivor Annuity) to which the Participant would be entitled under the terms of the Plan assuming:

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • Commencement of Commercial Production means the first occurrence of Commercial Production in an Area.

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

  • Supply Period means for a Supply Point, the period beginning on the Start Date and ending on the Termination Date;

  • 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.

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

  • 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.

  • Commercial Product means any such product as defined in FAR 2.101.

  • 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.

  • Gas Year means the period of 365 or 366 Gas Days, as the case may be, beginning at October 1st at 06:00 hours (Belgian time) and ending at September 30th 06:00 hours (Belgian time) of the next year.

  • Phase I Trial means a clinical trial of a Licensed Product in human patients conducted primarily for the purpose of determining the safety, tolerability and preliminary activity of the Licensed Product, including, without limitation, for determining the maximum tolerated dose, or optimal dose. For purposes of this Agreement, a Phase I trial shall specifically exclude a study in healthy volunteers.

  • Production Year means the 12- month period between September 1 of one year and August 31 of the following year, inclusive.

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • Development Period Security shall have the meaning set forth in Section 6.1(a) hereof.

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.

  • Phase I Clinical Study means, as to a particular Licensed Product, an initial clinical study in humans with the purpose of assessing the Licensed Product’s safety, tolerability, toxicity, pharmacokinetics or other pharmacological properties.

  • Phase III Clinical Study means a trial involving administration of a Compound to sufficient numbers of human patients with the goal of establishing that the Compound is safe and efficacious for its intended use, to define warnings, precautions and adverse reactions that are associated with the drug or label expansion of such Compound, and to be considered as a pivotal study for submission of an NDA.

  • Phase III Trial means a human Clinical Trial of the Licensed Product, which trial is designed (a) to establish that the Licensed Product is safe and efficacious for its intended use; (b) to define warnings, precautions and adverse reactions that are associated with the Licensed Product in the dosage range to be prescribed; and (c) consistent with 21 CFR § 312.21(c).

  • Program Year means the annual period beginning January 1 and ending December 31.

  • Phase III Study means a human clinical trial that is prospectively designed to demonstrate statistically whether a product is safe and effective for use in humans in a manner sufficient to obtain regulatory approval to market such product in patients having the disease or condition being studied as described in 21 C.F.R. § 312.21(c) (FDCA), as amended from time to time, and the foreign equivalent thereof.

  • Phase I Study means a study in humans which provides for the first introduction into humans of a product, conducted in healthy volunteers or patients to obtain information on product safety, tolerability, pharmacological activity or pharmacokinetics, as more fully defined in 21 C.F.R. § 312.21(a) (or the non-United States equivalent thereof).

  • Program Period means the period of time which the department intends to support the program without requiring the recompetition for funds. The program period is specified within the grant application.

  • Development Period means the period from the date of this Agreement until the Appointed Date;