Minimum Production Level definition

Minimum Production Level means the expected production for the Prior Quarter • For Quarters Zero, 1, 2 and 3: the product obtained by multiplying [**] and the number of Working Days in the last two Contract Months of the applicable quarter • For Quarters 4, 5, 6 and 7: the product obtained by multiplying [**] and the number of Working Days in the last two Contract Months of the applicable quarter • For Quarters 8, 9 and 10: the product obtained by multiplying [**] and the number of Working Days in the last two Contract Months of the applicable quarter
Minimum Production Level means the expected production for the Prior Quarter o For Quarters Zero, 1, 2 and 3: the product obtained by multiplying [**]* and the number of Working Days in the last two Contract Months of the applicable quarter o For Quarters 4, 5, 6 and 7: the product obtained by multiplying [**]* and the number of Working Days in the last two Contract Months of the applicable quarter o For Quarters 8, 9 and 10: the product obtained by multiplying [**]* and the number of Working Days in the last two Contract Months of the applicable quarter -------- * The portions of this exhibit indicated by [**] have been omitted and filed separately with the Secretary of the Commission pursuant to the Reporting Persons' application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934.

Examples of Minimum Production Level in a sentence

  • The Producer supplies Power to the Service Provider produced by the following generation Wind Farm: [Wind Farm name]: • Owner/Operator: [⚫] • Delivery Point: [⚫] • Metering Point: [⚫] • Account No. at grid operator: [⚫] • Customer No. at grid operator: [⚫] • Balancing Group: [⚫] • Grid Operator: [⚫] • Maximum Capacity: [⚫] MW • Technical Minimum Production Level: [⚫] MW Wind Farm‘s code Max.

  • Under such Stock Incentive Plan, in the event that the annual rate of coal production from Coal Upgrading Facilities that has been achieved or is achievable by the end of 31 December 2012 shall exceed certain minimum levels to be determined by the compensation committee of the board of directors of the Purchaser after the Settlement Date (the Minimum Production Level) but up to a rate that is equal to or in excess of 20,000,000 tonnes per annum.

  • Wind Farm and Delivery Point identification The Producer supplies Power to the Service Provider produced by the following generation Wind Farm: The Wind Farm [Wind Farm name]: Owner/Operator: [] Delivery Point: [] Metering Point: [] Account No. at grid operator: [] Customer No. at grid operator: [] Balancing Group: [] Grid Operator: [] Maximum Capacity: [] MW Technical Minimum Production Level: [] MW Wind Farm‘s code Max.

  • Wind Farm and Delivery Point identification The Producer supplies Power to the Buyer produced by the following generation Wind Farm: The Wind Farm [Wind Farm name]: Owner/Operator: [] Delivery Point: [] Metering Point: [] Account No. at grid operator: [] Customer No. at grid operator: [] Balancing Group: [] Grid Operator: [] Maximum Capacity: [] MW Technical Minimum Production Level: [] MW Wind Farm‘s code Max.

Related to Minimum Production Level

  • Maximum Concentration Level Assessment means the Maximum Concentration Level Assessment for the purposes of a Basic Comprehensive Certificate of Approval, described in the Basic Comprehensive User Guide, prepared by a Toxicologist using currently available toxicological information, that demonstrates that the concentration at any Point of Impingement for a Compound of Concern that does not have a Ministry Point of Impingement Limit is not likely to cause an adverse effect as defined by the EPA. The concentration at Point of Impingement for a Compound of Concern must be calculated in accordance with O. Reg. 419/05.

  • Integration Level means the Social Security taxable wage base for the Plan Year, unless the Employer elects a lesser amount in (A) or (B) below.

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $4,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).

  • Action level means a rate of emissions of a hazardous air contaminant as specified in Appendix C or as may be determined under Section 5-261(3) of these regulations. Action Levels are used to determine the applicability of Section 5-261 to stationary sources and shall be derived in accordance with the method prescribed in Appendix E of these regulations.

  • regulatory action level RBC means the product of 1.5 and its authorized control level RBC;

  • Minimum Order Quantity means the minimum number of batches of a Product to be produced during the same cycle of manufacturing as set forth in a Product Agreement on Schedule B;

  • Minimum Balance Requirements The minimum balance to open the account is $5.00. If the balance falls below $5 at any time, the account may be closed. See Balance Computation Method above. Fees and Charges; Other Requirements: See our Schedule of Fees at xxxxxxx.xxx/xxxx. Dividends: See Disclosures Concerning Dividends above. Current rates are disclosed on the Credit Union’s website.

  • Contract Quantity means the quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in the Cover Sheet.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • 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.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Minimum DSCR means, with respect to a Supplemental Loan, (i) if the Senior Indebtedness bears interest at a fixed rate, 1.25:1, or (ii) if the Senior Indebtedness bears interest at a floating rate, 1.10:1.

  • Volume Commitment means the volume of NGLs that a Committed Shipper has guaranteed to ship on the Pipeline pursuant to its TSA.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Mean Sea Level means the average height of the sea for all stages of the tide. It is used as a reference for establishing various elevations within the floodplain. For the purposes of this Ordinance, the term is synonymous with the National Geodetic Vertical Datum (NGVD) of 1929, the North American Vertical Datum (NAVD) of 1988, or other datum, to which Base Flood Elevations shown on a community's Flood Insurance Rate Map are referenced.

  • Minimum Price shall have the meaning specified in Section 7.1(d).

  • Method Detection Level or “MDL” means the minimum concentration of an analyte (substance) that can be measured and reported with a ninety- nine percent (99%) confidence that the analyte concentration is greater than zero (0) as determined by procedure set forth in 40 CFR 136, Appendix B. The method detection level or MDL is equivalent to the LOD.

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

  • Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.

  • Target Population means persons with low incomes who have one or more disabilities, including mental illness, HIV or AIDS, substance abuse, or other chronic health condition, or individuals eligible for services provided pursuant to the Lanterman Developmental Disabilities Services Act (Division 4.5 (commencing with Section 4500) of the Welfare and Institutions Code) and may include, among other populations, adults, emancipated minors, families with children, elderly persons, young adults aging out of the foster care system, individuals exiting from institutional settings, veterans, and homeless people.

  • Minimum Hourly Work Requirement means the work hours over a given time period that are required of you by your Employer in order to be eligible for coverage. Your Minimum Hourly Work Requirement is specified in the Schedule of Benefits.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • 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.

  • Gross weight means the aggregate weight of a vehicle or combination of vehicles and the load