Minimum Retention definition

Minimum Retention means the minimum amount of Loss that you shall retain for your own account being the greater of either i) the amount specified in paragraph 20.5 or ii) the Unprotected Percentage;
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Minimum Retention means the Operator and its Affiliates will maintain a minimum balance on deposit in one or more of the banks that are operating in Equatorial Guinea selected by the operator, measured annually for each Calendar Year, in the following amounts: (a) Before the year following approval of the first Development and Production Plan, a deposit balance equal to … percent (…%) of the current Annual Budget applicable to the Calendar Year; (b) After the year following approval of the first Development and Production Plan, and during each year that the development activities continue that were foreseen in that Development and Production Plan, a deposit balance equal to … percent (…%)of the Annual Budget (excluding capital expenditure) applicable to the Calendar Year; (c) After the year following the year in which the development operations cease that were foreseen in the first Development and Production Plan, a deposit balance equal to … percent (…%) of the Annual Budget (excluding capital expenditure) applicable to the Calendar Year; (d) If at any time a subsequent Development and Production Plan is approved that requires a development operation, the required balance of the deposit will return to … per cent (…%) of the Annual Budget (excluding capital expenditure) applicable to that Calendar Year, up to the year following the year during which the development operations foreseen in that Development and Production Plan cease;
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Minimum Retention means that the Operator and its Affiliates shall maintain a minimum deposit amount. This amount shall be measured annually and per Calendar Year, at one or more banks chosen by the Operator and operating in Equatorial Guinea. The amounts will be as follows: a) From the effective date until the approval of the first Development and Production Plan, a deposit amount equivalent to ten per cent (10 %) of the Annual Budget applicable to such Calendar Year; b) From the approval of the first Development and Production Plan, and until First Oil, a deposit amount equivalent to point five per cent (0.5 %) of the Annual Budget applicable to such Calendar Year; and c) From First Oil until the end of Operations„ a deposit amount equivalent to a five per cent (5 %) of the Annual Budget applicable to such Calendar Year; provided that d) If, at any time, a later Development and Production Plan is approved and should this Plan require a development operation, the deposit amount required shall return to a point five per cent (0.5 %) of the Annual Budget applicable to such Calendar Year, until the year following the year during which the development operations foreseen in such Development and Production Plan cease to exist.
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Examples of Minimum Retention in a sentence

  • Based on feedback from various stakeholders the final guidelines have specific requirements on Minimum Holding Period (MHP), Minimum Retention Requirement, credit enhancement, and accounting treatment.

  • Other Resources: The MPRG laboratory has developed a substantial research infrastructure that will provide administrative, financial, and secretarial support for the project.

  • The Notes to Accounts of the originating banks should indicate the outstanding amount of securitised assets as per books of the SPVs sponsored by the bank and total amount of exposures retained by the bank as on the date of balance sheet to comply with the Minimum Retention Requirements (MRR).

  • The ‘Notes to Accounts’ of the originating banks should indicate the outstanding amount of securitised assets as per books of the SPVs sponsored by the bank and total amount of exposures retained by the bank as on the date of balance sheet to comply with the Minimum Retention Requirements (MRR).

  • The Minimum Retention Requirement of the different categories of SFISPL records is provided in the Retention Schedule which is disclosed by way of Annexure to this Policy.

  • Neither Founding Shareholder shall effect (or permit to be effected) a Transfer if doing so would result in the Parent Company Interest of the relevant Parent Company of the Founding Shareholder being less than the Minimum Interest at any time during the Minimum Retention Period.

  • Minimum Retention Amount: 50% of applicable fees or Rs. 4500/-+applicable taxes/statutory levies whichever is higher 9 Fees for Loans under HDFC Reach Scheme Processing Fees At Application Once Up to 2.00% of the loan amount+ applicable taxes / statutory levies.

  • Minimum Retention Amount: 50% of applicable fees or Rs. 3000/-+applicable taxes/statutory levies whichever is higher 5 Fees for Top-Up Loan & HDFC Now (Self Employed Non-Professionals) Processing Fees At Application Once Upto1.50%of the Loan amount or Rs. 4500/- whichever is higher + applicable taxes / statutory levies.

  • If your full time employment is terminated by the Company at any other time, your options shall be accelerated such that you shall have the benefit of one additional year of vesting of the unvested portion of your options.

  • This retention schedule details the Minimum Retention Period for each type of health record.


More Definitions of Minimum Retention

Minimum Retention means the amount specified as such in the Agreement which will be deducted from the Purchase Price of a Protected Debt which is not paid due to Debtor Default instead of the Protected Percentage if the Minimum Retention is greater than the difference between the Protected Debt, after deduction of the relevant Value Added Tax, and the Protected Percentage of the Protected Debt.
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Minimum Retention means the amount described as such in and calculated in accordance with the Fees and Special Conditions Module forming part of this Agreement (if any).
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Minimum Retention has the meaning set forth in Article I, Paragraph 29.
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Related to Minimum Retention

  • Minimum Requirements means the minimum requirements for available commercial structures. The minimum requirements may be found at this link: https://portlandgeneral.com/energy- choices/renewable-power/green-future-impact The minimum requirements may be updated from time to time to reflect PGE’s criteria from its latest Commission accepted renewable request for proposals.

  • Maximum Applied Water Allowance (MAWA) means the upper limit of annual applied water for the established landscaped area as specified in Section 492.4. It is based upon the area's reference evapotranspiration, the ET Adjustment Factor, and the size of the landscape area. The Estimated Total Water Use shall not exceed the Maximum Applied Water Allowance. Special Landscape Areas, including recreation areas, areas permanently and solely dedicated to edible plants such as orchards and vegetable gardens, and areas irrigated with recycled water are subject to the MAWA with an ETAF not to exceed 1.0. MAWA = (ETo) (0.62) [(ETAF x LA) + ((1-ETAF) x SLA)]

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • Monthly Minimum Removal Efficiency means the minimum reduction in the pollutant parameter specified when the effluent average monthly concentration for that parameter is compared to the influent average monthly concentration.

  • Minimum Payments $50 (with respect to all funds in the aggregate.)

  • NOx Allowance means an authorization to emit a specified amount of NOx that is allocated or issued under an emissions trading or marketable permit program of any kind that has been established under the Clean Air Act or a state implementation plan.

  • 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.

  • Minimum Balance means, at any time, an amount that equals the product of: (a) the average Borrowing Base (or, if less on any given day, the Revolving Loan Commitment) during the immediately preceding month multiplied by (b) the Minimum Balance Percentage for such month.

  • Minimum Run Time For all generating units that are not combined cycle units, “Minimum Run Time” shall mean the minimum number of hours a unit must run, in real-time operations, from the time after generator breaker closure, which is typically indicated by telemetered or aggregated State Estimator megawatts greater than zero, to the time of generator breaker opening, as measured by PJM's State Estimator. For combined cycle units, “Minimum Run Time” shall mean the time period after the first combustion turbine generator breaker closure, which is typically indicated by telemetered or aggregated State Estimator megawatts greater than zero, and the last generator breaker opening as measured by PJM’s State Estimator.

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • Minimum Liquidity means, as of any date of determination, the sum of (a) the aggregate unused amount of the Commitments as of such date and (b) unrestricted cash of the Loan Parties as of such date.

  • 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.

  • PHARMACY ALLOWANCE means the lower of:

  • income-related employment and support allowance means an income-related allowance under Part 1 of the Welfare Reform Act 2007;

  • Minimum Extended Summer Resource Requirement means, for Delivery Years through May 31, 2017, the minimum amount of capacity that PJM will seek to procure from Extended Summer Demand Resources and Annual Resources for the PJM Region and for each Locational Deliverability Area for which the Office of the Interconnection is required under Tariff, Attachment DD, section 5.10(a) to establish a separate VRR Curve for such Delivery Year. For the PJM Region, the Minimum Extended Summer Resource Requirement shall be equal to the RTO Reliability Requirement minus [the Limited Demand Resource Reliability Target for the PJM Region in Unforced Capacity]. For an LDA, the Minimum Extended Summer Resource Requirement shall be equal to the LDA Reliability Requirement minus [the LDA CETL] minus [the Limited Demand Resource Reliability Target for such LDA in Unforced Capacity]. The LDA CETL may be adjusted pro rata for the amount of load served under the FRR Alternative.

  • 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).

  • Expenditure minimum means:

  • Utility Allowance means a monthly allowance, as provided by the local public housing authority or as otherwise allowed by HUD rules and the GLO rules, for utilities and services (excluding telephone services) to be paid by the tenant.

  • Credit allowance date means with respect to any qualified equity investment:

  • Minimum Payment Due means the least payment amount, specified in the “Statement of Account”, required to be paid by the “Principal Cardholder” on or before the “Payment Due Date” in order to keep the “Card Account” active. “Past Due Amount” from previous “Billing Cycle” will form part of the “Minimum Payment Due”.

  • 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 Rent means the sum of Thirty-Three Million, Six Hundred Seventy-Nine Thousand, Seven Hundred Sixteen and 55/100 Dollars ($33,679,716.55) per annum.

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • Availability Incentive Payments has the meaning set forth in the CAISO Tariff.

  • Access Compensation is the compensation paid by one Party to the other Party for the origination/termination of intraLATA toll calls to/from its End User. Access compensation is in accordance with the LEC’s tariffed access rates.

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.