Forecast Retainage definition

Forecast Retainage means the forecast by the Terminal Operator of Retainage within the Terminal for a given period. Forecast Retainage will be based on a study that will be prepared by the Terminal Operator and will be submitted to RAE for approval.
Sample 1Sample 2Sample 3
Forecast Retainage means the forecast by the Terminal Operator of Retainage within the Terminal for a given period. Forecast Retainage will be based on a study
Sample 1
Forecast Retainage means the forecast by the Terminal Operator of Retainage within the Terminal for a given period.
Sample 1

Examples of Forecast Retainage in a sentence

  • The settlement of the difference between the Forecast Retainage and the Actual Retainage will take place annually at the end of the Contract Year.

  • Such positive balance will be used to cover the portion of Forecast Retainage of any such User for the subsequent Contract Year.

  • If, at the last day of the Term, a Terminal User has title of LNG in-tank, that has been the result of the difference between the Forecast Retainage and the Actual Retainage, then such User shall be invited to execute an SCA to this amount, in accordance with the IUA, at no charge.

Related to Forecast Retainage

  • Operating Budget has the meaning given in Section 3.11(a).

  • Forecast has the meaning set forth in Section 4.1.

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • Annual Service Charge for any period means the aggregate interest expense for such period in respect of, and the amortization during such period of any original issue discount of, Indebtedness of the Issuer and its Subsidiaries.

  • Annual Budget means the operating budget, including all planned capital expenditures, for the Property prepared by Borrower for the applicable Fiscal Year or other period.

  • 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.