Basic Parameters Clause Samples
The "Basic Parameters" clause defines the fundamental terms and details that govern the agreement, such as the parties involved, effective dates, and key deliverables or milestones. Typically, this clause outlines the essential information that frames the rest of the contract, ensuring that all parties have a clear understanding of the who, what, and when of the arrangement. By establishing these core details upfront, the clause helps prevent misunderstandings and provides a reference point for interpreting the rest of the contract.
Basic Parameters. (1) Control drainage area: 58.2 square kilometers (km2).
(2) Normal storage level and corresponding reservoir capacity: 803.5m, 6,950,000 cubic meters (m3).
(3) Dead water level and corresponding reservoir capacity: 772m, 670,000 cubic meters (m3).
(4) Designed flood level and corresponding reservoir capacity: 804.75m, 8,069,300 cubic meters (m3).
(5) Check flood level and corresponding reservoir capacity: ___m, ___ cubic meters (m3).
(6) Top level of flood control: ___m.
(7) Beginning water level in flood season: ___m.
Basic Parameters. The fusion power cores of all the designs share the same overall geometry and plasma characteristics. The principal parameters are listed below. Plasma major radius : 9.4 metres Plasma minor radius : 2.1 metres Plasma current : 10.4 MA Plasma temperature : 10 keV Fusion power : 3,000 MW Blanket life : 5 full power years The average flux of energy carried to the surrounding structures by the neutrons (called the average “wall load”) is 2.1 MW/m2. Details are given in the original SEAFP-1 report [1]. The plasma parameters were chosen in 1992 as reasonable extrapolations of then-existing experimental performance, and were not changed in the course of the SEAFP studies. Since 1992 there have been enormous advances in the practise and understanding of fusion plasma physics. These would change the details [1] of the SEAFP plasma physics characteristics, but would not change the main parameters in a way that could have significant effect on safety or environmental impacts.
Basic Parameters. The Alliance and the GNWT agree to the following basic parameters:
1.1. A Business Entity, of which Alliance members will be majority shareholders, will be created to design, finance, build, operate and maintain the Deh Cho Bridge near Ft Providence. Once created, the Business Entity will replace the Alliance for all purposes relating to this MOI.
1.2. Shareholders of the Business Entity will invest a minimum of $2 million in equity.
1.3. The bridge will be designed and built and operated and maintained to standards agreed to by consensus of the Alliance, the Business Entity and the GNWT. Any standards adopted shall be consistent with applicable laws and regulations of the Northwest Territories and Canada, and good engineering practices.
1.4. The ‘Concession Period’ will start when the bridge goes into operation and will end on December 31 of the 35th full year of operation. The ownership of the bridge will revert to the GNWT at the end of the Concession Period.
1.5. During the bridge operation, the GNWT will collect a ‘Commercial Vehicle Toll’ and remit funds to the Business Entity as outlined herein.
