Base Volume definition

Base Volume means, with respect to each subsequent Closing, aggregate dollar trading volume of at least $10 million has traded on NYSE American during regular trading hours, from the Trading Day after the immediately prior Closing until the Trading Day immediately before the relevant Closing, but expressly excluding all volume traded on any Excluded Days.

Base Volume means the number of actual cases of Products sold by MEC or any of its Affiliates to all prior distributors in the applicable territory during the twelve (12) month period ending the last day of the month immediately preceding the effective dates of each applicable KO Distribution Agreement, which amount shall be agreed to by the Parties and shall be attached to this Agreement as Exhibit E, and which shall be increased from time to time as appropriate in order to reflect (i) the number of actual cases of Products sold by MEC or any of its Affiliates to Third Party Distributors, in any additional territories that may be added to this Agreement subsequent to the Effective Date, during the twelve (12) month period ending the last day of the month immediately preceding the effective dates of each applicable New Distribution Agreement, and (ii) the number of actual cases of Products sold by MEC or any of its Affiliates to customers or to accounts serviced by MEC or any of its Affiliates directly that begin to be sold by a KO/MEC Distributor to such customers or accounts serviced by a KO/MEC Distributor directly, during the twelve (12) month period ending the last day of the month immediately preceding the date on which such customers or accounts begin to be sold to or serviced by a KO/MEC Distributor directly, which amounts described in subclause (i) and (ii) shall be agreed to by the Parties from time to time.

Base Volume means the number of actual cases of Products sold by XXX or any of its Affiliates to all prior distributors in the applicable territory/ies, on a Region-by-Region basis, during the twelve (12) month period ending the last day of the month immediately preceding the effective dates of each applicable KO Distribution Agreement, which amount shall be agreed to by the Parties and shall be attached to this Agreement as Exhibit D-2, and which shall be amended from time to time as appropriate in order to reflect any additional territories in such Region that may subsequently be added to this Agreement.

Examples of Base Volume in a sentence

• MSA, supra note 116, exhibit E (“In the event the Actual Volume [the aggregate number of cigarettes sold by the OPMs in the United States] is less than the Base Volume [approximately 476 billion cigarettes] .

• The initial management fee payable monthly in terms of this Agreement shall be fixed at R (TO BE ADDED) per month based on an agreed Base Volume of (TO BE ADDED) transactions.

• SEAL OF [THE BANK] NAME OF [THE BANK] SIGNATURE NAME TITLE DATE Schedule L : Selection and Terms of Reference for Independent Engineer & Auditor Selection of Independent Engineer & Auditor (IE&A) The provisions of Part II of the Standard Bidding Documents for Consultancy Assignments : Time Base (Volume V) issued by Ministry of Finance, GOI in July, 1997 or any substitute thereof shall apply, mutates mutandis, for invitation of bids and evaluation thereof save as otherwise provided herein.

• For example, if The Lion delivered 700,000 cases of Product in the Base Volume Year and 806,000 cases during the year ended May 31, 2009, the increase over the previous year exceeds 15%, and there will be no Labor Surcharge for Products produced during the year beginning June 1, 2009.

• Selection of Independent Expert (IE) The provisions of Part II of the Standard Bidding Documents for Consultancy Assignments : Time Base (Volume V) issued by Ministry of Finance, GOI in July, 1997 or any substitute thereof shall apply, mutates mutandis, for invitation of bids and evaluation thereof save as otherwise provided herein.

More Definitions of Base Volume

Base Volume means 40,000 barrels multiplied by the number of days in the six-month period; provided, however, that for the initial six-month period “Base Volume” shall be based on the number of days from the date volumes are first tendered for delivery through the end of the initial six-month period.

Base Volume means *** pounds of Product.

Base Volume means *** of Products sold by XXX or any of its Affiliates to all prior distributors in the applicable territory/ies, on a Region-by-Region basis, *** of each applicable KO Distribution Agreement, which amount shall be agreed to by the Parties and shall be attached to this Agreement as Exhibit D-2, and which shall be amended from time to time as appropriate in order to reflect any additional territories in such Region that may subsequently be added to this Agreement. ***

Base Volume means the agreed total volume of gallons per calendar year as described in Article 4.1, and set out in Exhibit A, of the Basic Provisions; provided that during the first and last calendar years of operation of the WRT System, the Base Volume for the WRT System will be adjusted, pro rata based on the number of days of operation for the WRT System in such calendar year.

Base Volume means 5,000 barrels per day.

Base Volume means, in respect of the calculation of the reduction of the Management Fee as contemplated in clause 10 below as well as the reduction of Service Provider’s staff complement as contemplated in clause 4.6.1 below, a maximum of (TO BE ADDED) transactions in a Review Period;

Base Volume means the volume of Feedstock required to produce (i) 50,000,000 gallons of LVT Products at the LVT Unit during any of (a) Contract Years 1 and 2 combined, (b) Contract Years 2 and 3 combined, (c) Contract Years 3 and 4 combined, or (d) Contract Years 4 and 5 combined and (ii) 50,000,000 gallons of LVT Products at the LVT Unit during any 24-month period during the remainder of the Term. For purposes of this definition, Overhead Product is included within the term “LVT Products” only to the extent that Buyer actually purchases Overhead Product. Assuming the Overhead Product is not purchased, Base Volume shall be based on the following assumptions with respect to yield: