Production Year definition

Production Year means any calendar year after the year in which the eligible business’s pre-eligibility production threshold was established and in which the eligible business produces renewable chemicals.
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Production Year means the 12 calendar month period during the Term beginning with the Operations Date and ending on December 31 of each year. The first Production Year may be less than a 12-month period.
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Production Year means in respect of each CBM Field, a period of twelve (12) consecutive Gregorian months under the Gregorian Calendar, beginning on the Date of Commencement of Commercial Production of such CBM Field or any anniversary thereof.
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Examples of Production Year in a sentence

  • Production Year (commencing 1st January) Quarter Scheduled Offset Amount 1986 .

  • Production Year Scheduled (commencing Quarter Offset 1st January) Amount 1986 .

  • The DCSEU will notify Subcontractor if Subcontractor’s performance in a particular Production Year failed to meet the Subcontract Annual Minimum Production Requirement for that Production Year.

  • The DCSEU will calculate the projected and actual electricity output in a Production Year and for the Subcontract Operating Period according to the schedule and methodology described in Attachment B2 to determine if Subcontractor has met the Subcontract Annual Minimum Production Requirement in a given Production Year and Subcontract Term Minimum Production Requirement under this Subcontract.

  • Amount of System Underproduction for a specific Production Year, multiplied by the Value of the CREF Minimum Production Requirement for that CREF.


More Definitions of Production Year

Production Year means in respect of the Oil Field, a period of twelve (12) consecutive Gregorian months under the Gregorian Calendar, beginning on the Date of Commencement of Commercial Production of such Oil Field or any anniversary thereof.
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Production Year means a period of twelve (12) consecutive months, commencing on the Supply Initiation Date, and each subsequent twelve (12) month period.
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Production Year means each twelve (12)-month period following first day of the Term.
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Production Year means a particular calendar year during the Minimum CREF Commercial Operation Period beginning on the Commercial Operation Date that a CREF funded by this Subcontract must operate and generate electricity for the benefit of low-income District of Columbia households.
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Production Year means, in relation to a Sales Year, the 12-month period that ends on December 31 immediately before the beginning of the Sales Year.
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Production Year means a year in which the Insured intends to harvest creeping red fescue seed.
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Production Year means, in respect of each oil field and/or gas field, a period of twelve
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