Target Production definition

Target Production means, 28.6 million tons in respect of 2004, 29.5 million tons in respect of 2005, 29.8 million tons in respect of 2006, 28.9 million tons in respect of 2007 and 29.1 million tons in respect of 2008; provided that the Board may make such equitable adjustments to Target Production as it reasonably deems to be appropriate in order to achieve the intention of this agreement after giving effect to significant events including, without limitation, acquisitions, dispositions, mergers or similar transactions.
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Target Production means the projected output of the “insured energy installation”. This is described further in Additional Conditions F.16. The “target production” for this insurance is indicated in the Declarations / Policy schedule.
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Examples of Target Production in a sentence

  • Each of the Target EBITDA, Target Free Cash Flow, Target EBITDA/Revenue Margin, and Target Production.

  • For any new Products that become subject to this Agreement after the Effective Date, the Target Production Yield Percentage will be set as an average of the first ten (10) commercial Batches for such new Product.

  • Subject to the Participant’s continued Employment with the Company and its Affiliates (except as provided in Section 3(g)) through February 28, 2009, the Production Restricted Stock Units shall be earned with respect to one-half of the Shares subject to the Production Restricted Stock Units on December 31, 2007 and one-half on December 31, 2008 to the extent that the Actual Production for the fiscal year ending on such Performance Date equals or exceeds the Target Production for such fiscal year.

  • Subject to the Participant’s continued Employment with the Company and its Affiliates (except as provided in Section 3(g)) through March 17, 2009, the Production Restricted Stock Units shall vest with respect to one-third of the Shares subject to the Production Restricted Stock Units on each Performance Date to the extent that the Actual Production for the fiscal year ending on such Performance Date equals or exceeds the Target Production for such fiscal year.

  • On an annual basis, the average Production Yield Percentage will be compared to the Target Production Yield Percentage.

  • M.4.1.4 The Government will evaluate the (3) Target Production diagrams to determine the feasibility of meeting or exceeding the performance specification.

  • Generator guarantees that the System shall produce ninety three percent (93%) of the year one Target Production listed in Schedule A multiplied by the Site Meteorological Adjustment Factor.

  • Annually, if the average Production Yield Percentage is more than two percentage points (2%) above the Target Production Yield Percentage, then Purchaser will pay or credit the Packager for 50% of the value of the Excess Yield Gain as set forth in Example 2 on Schedule A.

  • Generator guarantees that, for each Contract Year during such ten (10) year period, the System shall produce Electricity equal to TBD%) of the Target Production for such Contract Year multiplied by the Site Meteorological Adjustment Factor.

  • The Aggregate Amount shall equal the sum of: (i) the amount described on Attachment C for each month (the "Monthly Target Production"); plus (ii) a reserve amount (the "Reserve Amount") which shall (at any time) equal **.

Related to Target Production

  • complex product means a product which is composed of multiple components which can be replaced permitting disassembly and re-assembly of the product.

  • Hemp product means the same as that term is defined in § 3.2-4112.

  • Edible cannabis product means cannabis product that is intended to be used, in whole or in part, for human consumption, including, but not limited to, chewing gum, but excluding products set forth in Division 15 (commencing with Section 32501) of the Food and Agricultural Code. An edible cannabis product is not considered food, as defined by Section 109935 of the Health and Safety Code, or a drug, as defined by Section 109925 of the Health and Safety Code.

  • Licensed Product means any pharmaceutical product containing a Licensed Compound (alone or with other active ingredients), in all forms, presentations, formulations and dosage forms.

  • Licensed Products means tangible materials which, in the course of manufacture, use, sale, or importation, would be within the scope of one or more claims of the Licensed Patent Rights that have not been held unpatentable, invalid or unenforceable by an unappealed or unappealable judgment of a court of competent jurisdiction.