Basic Block definition

Basic Block means a section of the surface of the earth bounded by the segments of longitude and latitude of equal distance of ten (10) minutes.
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Examples of Basic Block in a sentence

  • The Renter will be billed using the following rates:  Standard rate: $135/hr dry, ▇▇▇▇▇  Block rates: o Mini Block – 5 hours, $650 ($130/hr) o Basic Block – 10 hours, $1250 ($125/hr) o Mid Block – 15 hours, $1800 ($120/hr) o Big Block – 20+ hours, $2300+ ($115/hr) o Timebuilders Superblock – 50+ hours, $5000+ ($100/hr) o Block rates must be purchased by the Renter prior to any flights for those special rates to apply, and must be purchased directly from the Operator by the Renter.

Related to Basic Block

  • AMPS Basic Maintenance Amount, as of any Valuation Date, means the dollar amount equal to (i) the sum of (A) the product of the number of shares of AMPS and Other AMPS Outstanding on such Valuation Date multiplied by the sum of (a) $25,000 and (b) any applicable redemption premium attributable to the designation of a Premium Call Period; (B) the aggregate amount of cash dividends (whether or not earned or declared) that will have accumulated for each share of AMPS and Other AMPS Outstanding, in each case, to (but not including) the end of the current Dividend Period that follows such Valuation Date in the event the then current Dividend Period will end within 49 calendar days of such Valuation Date or through the 49th day after such Valuation Date in the event the then current Dividend Period will not end within 49

  • Group II Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Group II Principal Remittance Amount for such Distribution Date over (ii)(a) the Overcollateralization Release Amount, if any, for such Distribution Date multiplied by (b) the Group II Allocation Percentage.

  • Basic generation service or "BGS" means electric generation

  • Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Principal Remittance Amount for such Distribution Date over (ii) the Excess Subordinated Amount, if any, for such Distribution Date.

  • Group I Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Group I Principal Remittance Amount for such Distribution Date over (ii)(a) the Overcollateralization Release Amount, if any, for such Distribution Date multiplied by (b) the Group I Allocation Percentage.