Surplus reduction definition

Surplus reduction means the ACP Limit minus the ACP Emissions when the ACP Limit was greater than the ACP Emissions during a given compliance period, expressed to the nearest pound of VOC. Except as provided in section 11 (g)(3), “Surplus Reduction” does not include emissions occurring prior to the date that the ACP Agreement approving an ACP is signed by the (OTC STATE).
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Surplus reduction means the ACP Limit minus the ACP Emissions when the ACP Limit was greater than the ACP Emissions during a given compliance period, expressed to the nearest pound of VOC. Except as provided in section 94547(c), “Surplus Reduction” does not include
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Surplus reduction means the ACP limit minus the ACP emissions when the ACP limit was greater than the ACP emissions during a given compliance period, expressed to the nearest pound of VOC. Except as provided in 9VAC5-45-320 F 3,
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Examples of Surplus reduction in a sentence

  • Gross paid in and contributed surplus decreased by $61,690 during the examination period, as follows: Year Description Amount1/1/2009 Beginning gross paid in and contributed surplus $702,722,452 2009 Surplus reduction (61,690) 12/31/2013 Ending gross paid in and contributed surplus $702,660,762 The 2009 surplus reduction represented the difference in value of previously granted restricted stock of Radian Group between the vesting date and the date of the grant.

  • CIP Target14/1515/1616/1717/1818/19Total£'000£'000£'000£'000£'000£ ‘000In Year CIP Target4,3183,9883,5283,3712,95318,158 Other Cost Pressures 2,112 512 4,291 456 456 7,827Total CIP Target6,4304,5007,8193,8273,40925,985  The CIP targets reflect the Surplus reduction which shifts £0.8m from 2014/15 to 2015/16, effectively smoothing the impact upon Operational Divisions.

  • Surplus reduction – the ACP limit minus the ACP emissions when the ACP limit was greater than the ACP emissions during a given compliance period, expressed to the nearest pound of VOC.

  • Surplus reduction certificates do not constitute instruments, securities, or other form of property.


More Definitions of Surplus reduction

Surplus reduction means the ACP limit minus the ACP emissions when the
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Surplus reduction means the ACP limit minus the ACP emissions when the ACP limit was greater than the ACP emissions during a given compliance period, expressed to the nearest pound of VOC. Except as provided in Section 100.10.7 (relating to limited-use surplus reduction credits for early reformulations of ACP products), the term does not include emissions occurring prior to the date that the ACP agreement is signed by the Department.
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Related to Surplus reduction

  • Surplus Amount in respect of a particular Bid by an Anchor Investor, shall mean any amount paid in respect of such Bid that is in excess of the amount arrived at by multiplying the number of Equity Shares allocated in respect of such Bid with the Anchor Investor Offer Price, and shall include Bid Amounts below the Anchor Investor Offer Price, in respect of which no Equity Shares are to be Allotted, and in respect of refunds that are to be made after transfer of monies to the Public Offer Account, the Surplus Amount shall mean all Bid Amounts to be refunded after the transfer of monies to the Public Offer Account. For the sake of clarity, in case of an unsuccessful Bid by an Anchor Investor, the entire amount paid towards the Bid shall be considered to be the Surplus Amount;

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Annual Balanced Budget means that, in each Funding Year of the term of this Agreement, the total revenues of the HSP are greater than or equal to the total expenses, from all sources, of the HSP;

  • Surplus Fund means the fund by that name established pursuant to the Second Resolution.

  • Available Balance means, in relation to any Account, the aggregate of: (i) the balance in such Account in your favour of immediately available and freely transferable funds; and (ii) where we have granted you an overdraft facility or line of credit in respect of such Account, the limit of such overdraft facility or line of credit notified by us to you less the total amount payable by you to us with respect to such overdraft facility or line of credit.

  • extended reduction means a reduction under this scheme for which a person is eligible under Part 12 (extended reductions);

  • Surplus funds means, at any given date, the excess of cash and other recognized assets that are expected to be resolved into cash or its equivalent in the natural course of events and with a reasonable certainty, over the liabilities and necessary reserves at the same date.

  • Debt Service Reduction With respect to any Mortgage Loan, a reduction in the scheduled Monthly Payment for such Mortgage Loan by a court of competent jurisdiction in a proceeding under the Bankruptcy Code, except such a reduction resulting from a Deficient Valuation.