Production Unit definition

Production Unit means a facility for generation of electricity made up of a single generation unit or of an aggregation of generation units;
Production Unit means a grouping of activities which either uses homo- geneous inputs of direct material and direct labor or yields homogeneous outputs such that the costs or statis- tics related to these homogeneous in- puts or outputs are appropriate as bases for allocating variances.
Production Unit is the unit of production of an Eligible Agricultural Product, as described in the Advance Rate for that product.

Examples of Production Unit in a sentence

  • Within fifteen (15) calendar days after the anniversary of the Lease Date when a producing well is shut- in or suspended from operation for a period greater than 180 continuous calendar days, the Lessee shall pay to the Lessor, for each acre of the leased premises located within the established oil and/or gas Production Unit, a sum equal to the rental rate applicable under the terms of C(1b).


More Definitions of Production Unit

Production Unit means a unit on a holding which the official veterinarian is satisfied is completely independent of any other unit in the same holding in terms of its location and day-to-day management of the poultry or other captive birds kept there;
Production Unit means a Unit which is not an Affordable Unit, a Companion Unit, a Custom Unit, or a Senior Unit.
Production Unit means at least one area which gave right to direct payments in the reference period, including forage area within the meaning of Article 43(3) of Regulation (EC) No 1782/2003, or one animal which would have given right to direct payments in the reference period, accompanied, where the case may be, by a corre- sponding premium right;
Production Unit is a Drilling Unit, or Development Unit, or Uniform Spacing Plan and, if agreed to by the Lessor, a Unitized Area, and consisting of one or more xxxxx.
Production Unit means an area of contiguous lands, oil and gas leasehold interests, and oil and gas interests that will be developed and operated for oil and gas purposes.
Production Unit means a division (mine, plant or factory, etc) carrying out production and business activities resulting in products and/or services with its own corporate structure.
Production Unit means a unit of property designated by the department from which products of common ownership are severed;