Mill Sample Clauses

A "mill" clause typically defines the obligations, rights, or procedures related to the operation, use, or ownership of a mill within a contract. This clause may specify who is responsible for maintaining the mill, how its output is to be distributed, or the standards for its operation. For example, it might require the owner to keep the mill in good working order or set terms for sharing profits from its production. The core function of a mill clause is to ensure clear expectations and responsibilities regarding the mill, thereby preventing disputes and facilitating smooth operations.
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Mill. The "Mill" shall mean the flour mill located adjacent to the Plant Property which is capable of processing durum wheat in sufficient quantities to supply the Plant's Flour Requirements, subject to the limitations set forth in this Agreement.
Mill. In the event that AIPC increases its flour needs at the Pasta Plant as provided in Section 8(a) above, Bay State shall make, upon the consent of AIPC as to placement and land use, which consent shall not be unreasonable withheld or delayed, all improvements to the Mill that Bay State deems necessary to continue to meet AIPC's flour requirements at the Pasta Plant pursuant to the terms of the Supply Agreement; provided, however, that: (i) at such time as AIPC has increased the production capabilities of the Pasta Plant such that its product requirements are equal to or in excess of [*] million pounds annually, and Bay State has completed all necessary improvements to the Mill to accommodate AIPC's increased demand for Products, AIPC shall purchase at least [*] million pounds of Products annually; and (ii) if AIPC anticipates that its annual requirements for Products will increase above [*] million pounds annually, then AIPC shall provide Bay State with written notice of its additional flour requirements at least twelve (12) months prior to such increased need in order to allow Bay State sufficient time to complete any necessary milling expansion. If AIPC has failed to respond to a Bay State proposal for improvements to the Mill within ten (10) business days following receipt by AIPC of such proposal, such failure to respond shall be deemed to be consent by AIPC to the proposal. In connection with any improvements made to the Mill in accordance with this Section 8, the Initial Term shall be adjusted as provided in the proviso of the first sentence of Section 2 above. In order to make improvements to meet AIPC's anticipated flour requirements at the Pasta Plant of up to [*] million pounds of flour annually, Bay State acknowledges that it has and will be capable of providing adequate land for all necessary improvements to the Mill and a grain elevator and truck pit with a capacity of at least one million bushels. If Bay State is not able to complete improvements made to the Mill in accordance with the provisions of paragraph (b) above in time to satisfy AIPC's additional flour requirements, Bay State shall, provided that AIPC has complied with the requirements of this Section 8, arrange for the supply of additional Products sufficient to meet AIPC's flour requirements, at Bay State's expense, until such time as Bay State is capable of satisfying AIPC's flour requirements directly from the Mill. Additionally, the parties shall discuss and agree on the most appr...
Mill. It was agreed that should the Mill be put back into production, the Mill classifications and rates of pay adjusted for increases negotiated for cl assifications in this or subsequent agreements will be reinstated as part of the Collective Agreement.
Mill. At a delivered cost with a modest 2.7% over and above the expected delivered cost of the 8,400 cbm vessels, but with about 20% more earning capacity compared to them; we are capitalizing on the unique design and the competitive and flexible agreement with the yard that was the basis for the new building program. All the new vessels are similar in design and they will all be larger and more efficient compared to the “Norgas Average” vessel (7,121 cbm). As such have an increased earnings capacity and they are also expected to further reduce NGC’s EBIT B/E* level from this years level of USD 232’ per vessel per month. This is mainly due to the low acquisition cost, improved utilization of our shore side resources and the operating efficiencies of the new units. The most relevant key earnings figures on a per share basis for IMS will improve under both the internal “Base case” and our “Low case” earnings forecast with the new projects despite the possible increase in share capital due to the convertible loan program. Weighted average cash cost of capital for this project, inclusive of all the related risk capital, but excl. the possible dilution cost for the IMS equity is estimated by us to be approx. 7.2%.
Mill. 3.8.1 To the Knowledge of the Seller, the Seller has not received notice that any portion of the Mill violates any Applicable Laws, including, without limitation, Environmental Laws and Applicable Laws relating to zoning, building, land use, health and safety, fire, air, sanitation and noise control. 3.8.2 To the Knowledge of the Seller, there is no condemnation, expropriation or similar proceeding pending or threatened in writing against the Mill or any improvement thereon. 3.8.3 To the Knowledge of the Seller, there are no local improvement charges, development charges, special levies or other Taxes outstanding against the Mill nor has the Seller received any notice of any proposed local improvement charge, development charge, special levy or other Tax in respect of the Mill. 3.8.4 To the Knowledge of the Seller, all accounts that are due and owing for work or services performed or materials placed or furnished upon or in respect of the construction, completion, repair, renovation or maintenance of the Mill have been fully paid and no Person has a right to file a lien under Applicable Laws in respect thereof. 3.8.5 To the Knowledge of the Seller, the Seller has not received notice or other written communication of any fact or condition that would result in the interruption or termination of the provision of any of the utilities existing at the Mill. 3.8.6 To the Knowledge of the Seller, the Seller has not received notice or other written communication regarding any work orders, deficiency notices or other similar notices of non-compliance issued by any Governmental Entity or otherwise with respect to the Mill that are outstanding requiring or recommending work or repairs in connection with the Mill or any part thereof.
Mill. The sale of SGCS is in line with IMS' focus on our core business; Liquefied Gas Transportation, and our plan to visualize the potential values in the IMS' core businesses. The investment in SGCS was initially made for strategic reasons in order to secure high quality manufacturing capabilities for the supply of the cargo containment and cooling systems for IMS' new-building program of nine specialized gas carrying vessels in the period between the years 2006 to 2011. Six of these were "MG ships" which are designed to also transport LNG. After the delivery of these ships our investment in SGCS became non- strategic and we initiated the process of making a profitable exit in order to concentrate our business on Liquefied Gas Transportation. Says ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, the CEO of IMS; "We are proud to both have been the largest shareholder and a contributor to the Shenghui company since 2006. We provided the company with money and technology and its vision to focus on the LNG value chain. We have then seen the further use of advanced technology to see its growth in the employment of Chinese in the new factories that has been made in China. When we made our equity investment of USD 11 mill in 2006 the Shenghui company had a turnover of RMB 145 mill and expected this year is over RMB 1 billion. SGCS has thus since IMS' equity investment was made in 2006 developed rapidly and it has been able to grow sevenfold in turnover while EBIT margins have been kept stable at above 10%. This has been quite an achievement by the management of this company; considering that no further equity injections have been made since by its shareholders since our initial investment was made in 2006"
Mill. According to the Commission, Lundbeck entered into an agreement in 2002 concerning the anti- depressant Citalopram with four generic competitors. According to Lundbeck, the purpose of the agree- ments was to protect Lundbeck’s patents, but apparently they entailed Lundbeck paying the participat- ing pharmaceutical companies to delay the market entry of a cheaper generic version of Lunsbeck’s anti-depressant Cipramil. The Commission opened a case against Lundbeck in 2010 for the purpose of uncovering possible breaches of the competition rules in the form of restrictive business practices and the abuse of a domi- nant position, including whether Lundbeck had contributed to the delay of the introduction of the ge- neric and cheaper citalopram into the European Market through the agreements with the generic com- petitors. Lundbeck has maintained throughout the case that the purpose of the agreements was to protect the company’s patents. However, the Commission found that Lundbeck paid large sums, bought the stocks of the generic procuct manufacturers, destroyed the products, and offered a guaranteed profit through a distribution agreement. The Commission also refers to Lundbeck’s in-house documents describing a “club” in which money was to be shared amongst the participants. Due to these circumstances, the Commission found that a serious breach of the competition rules had ocurred. When fixing the fines, the Commission took into consideration the duration of each of the breaches along with their severity. In connection with the publication of the decision, the Commission accentuat- ed that agreements of this type are unacceptable and that they cause direct harm to the patients and the national health services which are already working on severely tight budgets. The Commission will not allow this type of anti-competitive practice, and it was on this background that the record fines were imposed on the participating companies. Lundbeck has announced that they do not agree with the decision and expect to appeal it.
Mill new ordinary shares of USD 1 par value at a subscription price of USD 10 each, net proceeds from which are on account with DNB Bank ASA to be released by DNB Bank ASA and Clarksons Platou Securities AS for the purpose of funding the completion of the SPA (the "Available Funds");
Mill. EUR; 1.62 mill. USD)) will develop and demonstrate the basis for reliability-based/probabilistic design of wind turbines, leading to the development of a new international standard on probabilistic design of wind turbines. The new probabilistic design method for wind turbines will provide a reliable design at a reduced Prestige project - Predicting Wind Turbine Stability In General Inflow (2019-2022, grant 9.6 mill. DKK (1.23 mill. EUR; 1.44 mill. USD) and total budget 13.2 mill. DKK (1.77 mill. EUR; 1.98 mill. USD)) is granted by Innovation Fund Denmark. The overall objective of the project is Test Facilities and Demonstration Projects Collaborative Research Impact of Wind Energy Environmental Impact

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  • MINES The Contractor represents and warrants that neither it, its parent entities (if any), nor any of the Contractor’s subsidiaries or affiliated entities (if any) is engaged in the sale or manufacture of anti-personnel mines or components utilized in the manufacture of anti-personnel mines.

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