Vehicle Basis definition

Vehicle Basis means, at any time with respect to any Financed Vehicle securing an Eligible Contract, the product of (i) 90% and (ii) the Vehicle Cost of such Financed Vehicle.
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Examples of Vehicle Basis in a sentence

  • TW, including fuel-flexible and dual-fuel vehicles when operating on an available fuel other than gasoline, shall apply for the specified model years only: Intermediate In-Use Compliance Standards* (in grams per mile)Emission CategoryModel YearDurability Vehicle Basis (mi)3751-5750 lbs.5751 - 8500 lbs.8501-10,000 lbs.10,001-14,000 lbs.

  • In-use compliance with standards beyond 50,000 miles shall be waived through the 2001 model year for SULEVs. Intermediate In-Use Compliance Standards* (in grams per mile)Emission CategoryModel YearDurability Vehicle Basis (mi)3751-5750 lbs.5751 - 8500 lbs.8501-10,000 lbs.* Dashes mean that the standards in Section E.1.1 apply.

  • In-use compliance with standards beyond 50,000 miles shall be waived through the 2001 model year for SULEVs. Intermediate In-Use Compliance Standards * (in grams per mile)Emission CategoryModel YearDurability Vehicle Basis (mi)3751-5750 lbs.5751 - 8500 lbs.8501-10,000 lbs.10,001-14,000 lbs.* Dashes mean that the standards in Section E.1.1 apply.

  • Except as otherwise provided, unit members employed in the GED grant program shall have the right to displace less senior employees within the GED work group only, and shall have no right to displace any other College employee.

  • LEV II NMOG Standards for Bi-Fuel, Fuel-Flexible and Dual-Fuel Vehicles Operating on Gasoline (g/mi) Vehicle Type Vehicle Emission Category Durability Vehicle Basis 50,000 mi 120,000 mi All PCs; LDTs, 0-8500 lbs.

  • In‑use compliance with standards beyond 50,000 miles shall be waived through the 2001 model year for SULEVs. Emission Category Model Year Durability Vehicle Basis (mi) ULEV -2002 50,000 -2002 120,000 SULEV through 2002 50,000 2002 120,000 * Dashes mean that the standards in Section E.1.1 apply.

  • In-use compliance with standards beyond 50,000 miles shall be waived through the 2001 model year for SULEVs. Intermediate In-Use Compliance Standards* (in grams per mile)Emission CategoryModel YearDurability Vehicle Basis (mi)3751-5750 lbs.5751 - 8500 lbs.8501-10,000 lbs.10,001-14,000 lbs.* Dashes mean that the standards in Section E.1.1. apply.

  • Table 2.3 (below) outlines the emission requirements according to the Pavley regulations.Table 2.3 - Fleet Average Greenhouse Gas Exhaust Mass Emission Requirements for Passenger Car, Light-Duty Truck, and Medium-Duty Passenger Vehicle Weight Classes (4,000 mile Durability Vehicle Basis) Source: CARB (2010b) As shown in Table 2.3, GHG emission levels are restricted to specific CO2 equivalent emission levels.

  • TW, including fuel-flexible and dual-fuel vehicles when operating on an available fuel other than gasoline, shall apply for the specified model years only:Intermediate In-Use Compliance Standards* (in grams per mile)Emission CategoryModel YearDurability Vehicle Basis (mi)3751-5750 lbs.5751 - 8500 lbs.8501-10,000 lbs.10,001-14,000 lbs.

  • LVW, intermediate in-use compliance standards for NMOG emissions at 50,000 miles when the vehicle is operated on gasoline shall be: Vehicle TypeLoaded Vehicle Weight (LVW)Emission CategoryDurability Vehicle Basis (g/mi)50,000 miPCs, LDTAll, 0-3750TLEV0.32 LEV0.188 ULEV0.100LDT3751-5750TLEV0.41 LEV0.238 ULEV0.128Intermediate in-use compliance standards shall apply to TLEVs through the 1995 model year, and to LEVs and ULEVs through the 1998 model year.

Related to Vehicle Basis

  • Eligible Basis has the meaning given to it in Section 42(d) of the Code.

  • Substitute Basis has the meaning specified in Section 2.9(b).

  • Interest Rate Basis means the Base Rate or the Eurodollar Basis, as applicable.

  • Reasonable Basis means reasonable basis within the meaning of Section 6662(d)(2)(B)(ii)(II) of the Code and the Treasury Regulations promulgated thereunder (or such other level of confidence required by the Code at that time to avoid the imposition of penalties).

  • Negative Basis means, with respect to any Member and as of any time of calculation, the amount by which the Member’s “adjusted tax basis,” for U.S. federal income tax purposes, in the Member’s Interest in the Company as of that time (determined without regard to any adjustments made to the “adjusted tax basis” by reason of any Transfer or assignment of the Interest, including by reason of death, and without regard to such Member’s share of the liabilities of the Company under Section 752 of the Code) exceeds the value of its Interest as of such time. As used in this Section 5.9, the term “Negative Basis Member” means any Member whose Interest is repurchased by the Company and who has Negative Basis as of the effective date of the repurchase, but such Member shall cease to be a Negative Basis Member at such time as it shall have received allocations pursuant to clause (i) of paragraph (c) equal to its Negative Basis as of the effective date of such repurchase.

  • Base Rate Basis means a simple interest rate equal to the sum of (i) the Base Rate and (ii) the Applicable Margin applicable to Base Rate Advances for the applicable Loans. The Base Rate Basis shall be adjusted automatically as of the opening of business on the effective date of each change in the Base Rate to account for such change, and shall also be adjusted to reflect changes of the Applicable Margin applicable to Base Rate Advances.

  • Positive Basis means, with respect to any Partner and as of any time of calculation, the amount by which the total of the Partners’ Capital Accounts as of that time exceeds the Partner’s “adjusted tax basis,” for U.S. federal income tax purposes, in the Partner’s Units in the Partnership as of that time (determined without regard to any adjustments made to the “adjusted tax basis” by reason of any Transfer or assignment of Units, including by reason of death). As used in this Section 5.8, the term “Positive Basis Partner” means any Partner who or that withdraws from the Partnership and who or that has a Positive Basis as of the effective date of the Partner’s withdrawal. As used in this Section 5.8, the term “Negative Basis” means, with respect to any Partner and as of any time of calculation, the amount by which the Partner’s “adjusted tax basis,” for U.S. federal income tax purposes, in the Partner’s Units in the Partnership as of that time (determined without regard to any adjustments made to the “adjusted tax basis” by reason of any Transfer or assignment of Units, including by reason of death, and without regard to such Partner’s share of the liabilities of the Partnership under section 752 of the Code) exceeds the Partner’s Capital Account as of such time. As used in this Section 5.8, the term “Negative Basis Partner” means any Partner who or that withdraws from the Partnership and who or that has a Negative Basis as of the effective date of the Partner’s withdrawal.

  • Fee Basis Amount As of any date of determination, the sum of (a) the Collateral Principal Amount, (b) the Aggregate Principal Balance of all Defaulted Obligations and (c) the aggregate amount of all Principal Financed Accrued Interest.

  • Pool Strip Rate With respect to each Mortgage Loan, a per annum rate equal to the excess of (a) the Net Mortgage Rate of such Mortgage Loan over (b) the Discount Net Mortgage Rate (but not less than 0.00%) per annum.

  • Individual Case Basis or "ICB" shall have the meaning set forth in Exhibit I.

  • Excess Additional Book Basis has the meaning given such term in the definition of “Additional Book Basis Derivative Items.”

  • Adjusted Property means any property the Carrying Value of which has been adjusted pursuant to Section 5.5(d)(i) or 5.5(d)(ii).

  • Calculation Rate For each Distribution Date, in the case of the Class A and Class B Interests, the product of (i) 10 and (ii) the weighted average rate of the outstanding Class A and Class B Interests, treating each Class A Interest as capped at zero or reduced by a fixed percentage of 100% of the interest accruing on such Class.

  • Dry weight basis means 100 percent solids (i.e. zero percent moisture).

  • Alternate Base Rate means, for any day, a rate per annum equal to the greater of (a) the Prime Rate in effect on such day and (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1%. Any change in the Alternate Base Rate due to a change in the Prime Rate or the Federal Funds Effective Rate shall be effective from and including the effective date of such change in the Prime Rate or the Federal Funds Effective Rate, respectively.

  • Interest Basis means the First Interest Basis or the Second Interest Basis, as applicable.

  • Treasury Rate means, with respect to any redemption date, the rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption date.

  • CMT Rate means, in relation to a Reset Period and the Reset Determination Date in relation to such Reset Period, the rate determined by the Calculation Agent, and expressed as a percentage, equal to:

  • Adjusted Treasury Rate means, with respect to any Redemption Date, the rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such Redemption Date.

  • HICP Daily Inflation Reference Index means (A) in relation to the first day of any given month, the HICP Monthly Reference Index of the third month preceding such month, and (B) in relation to a day (D) (other than the first day) in any given month (M), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • Additional Book Basis means the portion of any remaining Carrying Value of an Adjusted Property that is attributable to positive adjustments made to such Carrying Value as a result of Book-Up Events. For purposes of determining the extent that Carrying Value constitutes Additional Book Basis:

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.

  • Adjusted Daily Simple SOFR means an interest rate per annum equal to (a) the Daily Simple SOFR, plus (b) 0.10%; provided that if the Adjusted Daily Simple SOFR as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.

  • Index Start Value means 1,000 index points and represents the Index Closing Value on Index Calculation Day T=0 for the purposes of calculating the index in accordance with C).

  • Corporate Base Rate means a rate per annum equal to the corporate base rate of interest announced by First Chicago from time to time, changing when and as said corporate base rate changes.

  • Reference method means any direct test method of sampling and analyzing for an air pollutant as specified in 40 CFR 60, Appendix A*.