Overage definition

Overage means the oil or gas delivered to a carrier, transporter, or taker in excess of the allowable set by the Commission for any given period.
Overage means the total number of shares of Common Stock issued in connection with the Subject Transactions above the Share Allowance.
Overage means claiming back an element of improved development value where, for example, there is a general uplift in the market, or where the market value of the end development is not known at the time of sale.

Examples of Overage in a sentence

  • The “BC Overage Penalty” shall mean and refer to the sum of $500.00 for each twenty-four (24) hour period (or part thereof) following the BC Cure Period, during which any Basic Capacity Overage is continuing.

  • Customer will pay Verizon’s standard MRC for the data plan selected for the Wireless Connection and the Overage usage charges, as applicable.

  • Overage usage will be based on the data plan in effect on the last day of the billing period when traffic usage is calculated.

  • Overage usage (usage in excess of the monthly data plan amount) will be rounded to the next full GB of traffic and will be billed in arrears.

  • In addition to Licensor’s remedies set forth in Section 10.1, below, if Licensee fails to cure a Basic Capacity Overage within twelve (12) hours (the “BC Cure Period”) following Licensee’s receipt of such Basic Capacity Overage notification e-mail, then Licensee agrees to pay Licensor the BC Overage Penalty (defined below), within thirty (30) days after Licensee’s receipt of written demand therefor.


More Definitions of Overage

Overage or “overproduction” means the oil or gas produced in excess of the allowable fixed by the department.
Overage is defined as (i) Refuse or Recyclables exceeding its Container’s intended capacity such that the lid is lifted (or would be lifted if lowered) or (ii) Refuse or Recyclables placed on top of or in the immediate vicinity of the Container, in bags or otherwise. o Contamination; Overage.
Overage means any landing or portion of a landing that exceeds groundfish trip limits. Groundfish trip limits are approved by Pacific Fisheries Management Council and implemented by the National Marine Fisheries Service.
Overage has the meaning assigned to such term in the definition ofEligible Accounts”.
Overage is defined in Section 6.2.2.2.
Overage or “over production” shall mean the oil or gas produced in excess of the allowable fixed by the department.
Overage rent that is (1) attributable to any Percentage Rent lease year in which the Closing Date falls and (2) not yet due or payable (not including estimated payments) as of the Closing Date (collectively, "Current Year Percentage Rent"), shall be prorated as follows: promptly upon receipt by Purchaser, Purchaser shall furnish to Seller copies of all sales reports from tenants relative to Current Year Percentage Rent, including, without limitation, all sales reports with respect to any tenants whose Percentage Rent lease years have expired as of the Closing but whose sales reports were not delivered to Seller as of the Closing Date and sales reports of any tenants whose Percentage Rent lease years expire after the Closing, and the amount of any Current Year Percentage Rent shall be payable in accordance with such tenant's Lease as existing as of the Closing Date, and Purchaser shall (to the extent not paid to Seller by way of estimated payments prior to Closing) pay to Seller a pro rata portion of such rent based upon the apportionment being made as of the Closing Date (in proportion to the relative number of days in the subject year occurring prior and subsequent to the Closing Date), promptly after the date when such rent is received from the tenant. The schedule referred to in Section 4(C)(i)(b) above shall include an itemized breakdown of the total estimated payments made by each tenant as of the Closing Date on account of Current Year Percentage Rent;