Negative Deviation definition

Negative Deviation has the meaning ascribed to it in Clause 7.1.1;
Sample 1
Negative Deviation is defined as a negative change or the prospect of a negative change in excess of fifteen percent (15%) of the net income/(loss) of ECO on a quarterly basis (any accrued interest payments on loans from NRUCFC shall not be included in this calculation). This provision shall not apply to any sales of propane and other equipment that are made after a purchase order for such sales has been received by ECO or such other events as may be agreed to by the Parties in writing from time to time. At H Power's written request, ECO or EFC shall immediately take such steps as may be necessary to bring its budget back into compliance within forty-five (45) days or a Material Adverse Change shall be deemed to have occurred.
Sample 1
Negative Deviation means a negative deviation of the realized aggregate EBITDA of the Company for the period from January 1, through April 30, 2004 ("Deviation Period I") determined on May 15, 2004 ("Deviation Date I") or for the period from May 1, through August 31, 2004, ("Deviation Period II") determined on September 15, 2004 ("Deviation Date II") compared with the planned aggregate EBITDA set out in the Business Plan for the financial year 2004 resolved by the shareholders (the "Business Plan EBITDA") for the respective Deviation Period on the respective Deviation Date of more than 25 (twenty-five) percent. To the extent any negative impact on the EBITDA of the Company is caused by a business measure to which at least one member of the Euronet Group consented, such negative impact shall be eliminated for the purpose of determining a Negative Deviation.
Sample 1

Examples of Negative Deviation in a sentence

  • Whereas a sensitivity analysis perturbs one tolerance parameter at a time, a Monte Carlo analysis will randomly perturb every tolerance parameter at once between the ranges of their Negative Deviation and Positive Deviation.

  • The service is provided by 53.5 full time equivalent staff and has a budget of£1.675m (excluding the REACH and Participation services) for 2015/16.

  • D 2.6.4 Allocation of Unrecovered Cost Payments for Hourly Pre- dispatched System Resources For each Settlement Interval o, the total uplift payments (PREDISPATCH_PMTi,h,o) for all hourly pre-dispatched System Resources will be included in the Excess Cost Payments to be allocated to a Scheduling Coordinator’s Net Negative Deviation through allocation of excess costs and/or ISO metered Demand through excess cost neutrality allocation.

  • Conditioned on reaching the ith random variable it would be accepted withi=1probability 1/n, for an overall probability of acceptance of Σn (1−1/n)i−1 ·1/n = 1−(1−1/n)n.Algorithm 1 mimics this approach, but instead of using n − 1 fresh samples for each of the nrandom variables it constructs n − 1 fresh-looking samples for each of the n random variables from a single set {S1, .

  • Must have units compatible with the Negative Deviation and Positive Deviation properties.

  • Must have units compatible with the Negative Deviation and Positive Deviation properties.Gaussian Std DeviationUsed by the Mean and Std Deviation Gaussian settings type to define the shape of the truncated normal distribution.

  • For a factor of , the standard deviation ( ) is computed such that there are multiples of the standard deviation between the mean ( ) and either end of the truncated distribution (and , set by the Negative Deviation and Positive Deviation properties).

  • In particular, and without prejudice to the Seller's position that these Articles are not applicable anyway, the Purchaser confirms that it has no claim under Article 8.5 of the Agreement or under Section 7.1 of the Seller's Representations and Warranties with respect to the Negative Deviation, the Reduced Outlook, or the actual EBIT of the Industrial Packaging Division for 2001 up to Closing.

  • ECO and EFC immediately shall notify H Power anytime that there is any "Negative Deviation" from the annual EFC or ECO budget.

  • It has helped reduce extreme poverty as well as enhance the infrastructure and purchasing power in rural areas. The benefits have largely been reaped by women (SDG 5) and disadvantaged sections of society (SDG 10).

Related to Negative Deviation

  • Deviation is a departure from the requirements specified in the Tendering document;

  • Material Deviation refers to any contents or characteristics of the proposal that is significantly different from an essential aspect or requirement of the RFP, and : (i) substantially alters the scope and quality of the requirements; (ii) limits the rights of UNDP and/or the obligations of the offeror; and (iii) adversely impacts the fairness and principles of the procurement process, such as those that compromise the competitive position of other offerors.

  • Substantial modification means modification of a relevant source that results in a significant increase in emissions, excluding any change in emissions resulting from by-product recovery. It shall be a matter for the Party to decide whether a modification is substantial or not;

  • Projecting sign ’ means a sign which is affixed to a wall of a building and which at some point projects more than 250 mm in front of the surface of such wall;

  • Goods Specification means any specification for the Goods, including any related plans and drawings that is set out in the Purchase Order or otherwise agreed in writing by the Customer and the Supplier;

  • Degradation means a decrease in the useful life of the right-of-way caused by excavation in or disturbance of the right-of-way, resulting in the need to reconstruct such right-of-way earlier than would be required if the excavation or disturbance did not occur.

  • Visible area means that portion of the input surface of the image receptor over which incident x-ray photons are producing a visible image.

  • Class specification means a formal written statement of the class which defines the general character and scope of the duties and responsibilities of positions in the class, lists typical or illustrative examples of work of positions in the class, enumerates the knowledges, skills, and abilities required for successful performance of the work and states required minimum experience and training for positions in the class.

  • Operating Margin Customer means a Control Area purchasing Operating Margin pursuant to an agreement between such other Control Area and the LLC.

  • limits of deviation means the limits of deviation shown on the deposited plans;

  • Material Modification means any modification to an Interconnection Request that has a material adverse effect on the cost or timing of Interconnection Studies related to, or any Network Upgrades or Local Upgrades needed to accommodate, any Interconnection Request with a later Queue Position.

  • Operating Software means those routines, whether or not identified as Program Products, that reside in the Equipment and are required for the Equipment to perform its intended function(s), and which interface the operator, other Contractor-supplied programs, and user programs to the Equipment.

  • IS Specification means the Specification of latest edition with amendments, if any, up to time of receipt of tender by Corporation issued by the Bureau of Indian Standards as referred to in the specifications and / or work orders.

  • 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.

  • No Observable Acute Effect Level or "(NOAEL)" means any concentration equal to or less than the critical test concentration in a single concentration (pass/fail) toxicity test, conducted pursuant to Section 22a-430-3(j)(7)(A)(i) of the RCSA, demonstrating 90% or greater survival of test organisms at the CTC.

  • Rating Point means the V&H coordinates associated with a particular telephone number for rating purposes.

  • Product Specification means a product specification for a Medical Device set out in Schedule 2;

  • Variance means a grant of relief from the requirements of this chapter which permits construction in a manner that would otherwise be prohibited by this chapter.

  • propagating material has the meaning given to it in the PBR Act, namely in relation to a Plant of a particular Plant Variety, means any part or product from which, whether alone or in combination with other parts or products of that Plant, another Plant with the same essential characteristics can be produced.

  • Nonconforming structure means a structure the size, dimension

  • Asbestos-containing material or “ACM” means asbestos or any material containing more than one percent (1%) asbestos as determined using methods specified in 40 CFR 763, Subpart E, Appendix E, Section I, Polarized Light Microscopy* including Category I and Category II ACM and all friable material.

  • Discrepancies incident to shipment means any differences (e.g., count or condition) between the items documented to have been shipped and items actually received.

  • Projection means prospective financial statements that present, to the best of the responsible party’s knowledge and belief given one or more hypothetical assumptions, an entity’s expected financial position, results of operations, and changes in financial position or cash flows that are based on the responsible party’s assumptions reflecting conditions it expects would exist and the course of action it expects would be taken given such hypothetical assumptions.

  • Unilateral Change Order (ULCO means a Change Order issued by Owner without the complete agreement of Contractor, as to cost and/or time.

  • medium voltage means the set of nominal voltage levels that lie above low voltage and below high voltage in the range of 1 kV < Un 44 kV. [SANS 1019]

  • Input Material means all documents, information, representations, statements and materials provided by Customer or a third party on behalf of Customer, relating to the Services, including computer programs, data, logos, reports and specifications and inventories.