Commodity. A tangible good, which may or may not meet the specifications herein. Commodities under this contract are Agriculture and Lawn Equipment which includes the Base Equipment, associated OEM Options, Accessories and Implements and Replacement Parts classified under twenty-one (21) Groups, listed in section 3.1.
Commodity. Coal Sectional Run Times: See Clause 1.2 Special Operating Restrictions: See Clause 1.5 System: Table 1.1 Origin Destination Distance (km) Time at Origin Loading Facility (hrs) Notes: Origin is denoted as the mine and/or Aurizon Network terms for the location at which the mine loads Trains Train Services run loaded between Origin and Destination and empty between Destination and Origin. For Train Services with the above characteristics, the time at the Destination unloading facility is as per the following table. Destination Unloading Facility Time at Destination Unloading Facility (hrs) For Train Services with the above characteristics, the average Time at Depot and the Other Dwell Time are as per the following table: System Time at Depot (hrs) Other Dwell Time (hrs)
Commodity. A product. The terms products and commodities can be used interchangeably throughout this ITB. Commodity Code - The State of Florida numeric code for classifying commodities and contractual services which meet specific requirements, specifications, terms, and conditions herein. Florida has adopted the United Nations Standard Products and Services Code for classifying commodities and services. Contract - The written agreement resulting from this ITB. Contractor - The business entity that is awarded a Contract resulting from this ITB. The terms Vendor, Successful Bidder or Awarded Vendor may be used interchangeably throughout this ITB. Customer – An ordering entity including state agencies and eligible users, as defined in Rule 60A-1.001, Florida Administrative Code. Department - The Florida Department of Management Services. Eligible User (EU) – A governmental entity defined in Rule 60A-1.001, Florida Administrative Code. Purchase – A transaction that results in the Customer obtaining ownership of a commodity. Responsible vendor – A vendor who has the capability in all respects to fully perform the Contract requirements and the integrity and reliability that will assure good faith performance. (Subsection 287.012(25), F.S.) Responsive bid - A bid submitted by a responsive and responsible vendor that conforms in all material respects to the solicitation. (Subsection 287.012(26), F.S.) Responsive vendor – A vendor that has submitted a bid that conforms in all material respects to the solicitation. (Subsection 287.012(27), F.S.) State - The State of Florida. State Term Contract (STC) – A term contract that is competitively procured by the Department pursuant to section 287.057, F.S., and that is used by agencies and Eligible Users pursuant to section 287.056, F.S. United Nations Standard Products and Services Code (UNSPSC) – A commodity code list used by the State. Vendor Bid System (VBS) – The State of Florida’s bidding system. (Subparagraph 287.042(3)(b)(2), F.S.) Vendor - An entity that is in the business of providing commodities similar to those within the solicitation.
Commodity. Hedge shall mean a price protection agreement related to crude oil, diesel fuel, heating oil, coal, SO2 allowances, natural gas, explosives or other commodities used in the ordinary course of business of the Loan Parties. Compliance Certificate shall have the meaning specified in Section 8.3.3 [Certificate of the Borrower]. Consolidated EBITDA for any period of determination shall mean (i) the sum of net income, depreciation, depletion, amortization, minority interest, other non-recurring, non-cash charges to net income, interest expense, non-cash loss on derivative items (SFAS No. 133 and its successors) and income tax expense minus (ii) non-cash gains on derivative items (SFAS No. 133 and its successors) and non-recurring, non-cash credits to net income, in each case of the Loan Parties and their Subsidiaries for such period determined and consolidated in accordance with GAAP plus (iii) transaction fees and expenses paid in connection with the closing of the transactions contemplated by this Agreement and Permitted Acquisitions, in an aggregate amount not to exceed $5,000,000; provided, however, that for the purposes of this definition, with respect to a business acquired by the Loan Parties pursuant to a Permitted Acquisition, Consolidated EBITDA shall be calculated on a pro forma basis, using historical numbers, in accordance with GAAP as if the Permitted Acquisition had been consummated at the beginning of such period, and provided, further, that for the purposes of this definition, with respect to a business or assets conveyed or disposed of by the Loan Parties pursuant to Section 8.2.7 [Dispositions of Assets or Subsidiaries] or pursuant to a Permitted Joint Venture, Consolidated EBITDA shall be calculated as if such disposition or conveyance had been consummated at the beginning of such period. For purposes of determining Consolidated EBITDA, items related to Permitted Joint Ventures shall be excluded, except that cash dividends paid by any Permitted Joint Venture to the Borrowers or a wholly-owned Subsidiary of the Borrowers shall be included in Consolidated EBITDA. Consolidated Funded Debt shall mean, as of any date of determination and without duplication, the sum of all Indebtedness representing borrowed money, including both the current and long-term portion thereof, capitalized lease obligations, and contingent and guaranty obligations with respect to the foregoing, in each case of the Loan Parties and their Subsidiaries for such period deter...
Commodity. (1) The commodities in this Agreement refer to copiers, multifunction machines and printers containing the "SHARP" trademark and used in the sea environment stipulated by the state (see the product description for details), as well as supporting optional parts, consumables, spare parts, peripheral equipment or related software commodities.