Minimum Base Amount definition

Minimum Base Amount means the Base Amount minus $25,000.
Sample 1

Examples of Minimum Base Amount in a sentence

  • Minimum Base Amount - The minimum amount (20,000 tons) of Conforming Clean Coal that PMC shall pay as a processing fee to Beard in each month during the Term of this Agreement.

  • PMC shall prxxxxx BEARD with its written election to exercise its option to accept Clxxx Xoal in excess of the Minimum Base Amount no later than the 10th day of that same following month.

  • Section 12.1 - Force Majeure - In the event the Minimum Base Amount of Conforming Clean Coal is unable to be delivered by BEARD to PMC for any cause beyond the reasonable control of BEARD (xxxxx than as a result of the fault or negligence of BEARD) xxxxx wholly or partially prevents BEARD's performance of itx xxxigations under this Agreement, that txxxxxx is deemed Force Majeure as defined in Article 14 of the General Terms and Conditions (Exhibit B).

  • In the event the Facility is not producing the Minimum Base Amount within 270 days ("the Penalty Date"), BEARD will be penalized $1.00 per Ton for each Ton less than the Mixxxxx Base Amount shipped.

  • The penalty will remain in effect until monthly production reaches the Minimum Base Amount.

  • Section 12.1 - Force Majeure - In the event the Minimum Base Amount of Conforming Clean Coal is unable to be delivered by BP to PMC for any cause beyond the reasonable control of BP (other than as a result of the fault or negligence of BP) which wholly or partially prevents BP’s performance of its obligations under this Agreement, that tonnage is deemed Force Majeure as defined in Article 14 of the General Terms and Conditions (Exhibit B).

  • Month 2,1995 Gross Charges $ 220,000 Per hospital billing reports Estimated Contractuals and Bad Debt (55,000) Per hospital billing reports Net Revenue 165,000 Multiplied by 0.5 0.50 82,500 Multiplied by 0.9 0.90 Calculated amount due to NLTC $ 74,250 Minimum Base Amount (per 5.(a) and 5.(b)) $ 52,500 Program Fee for Medicare/Medicaid /Champus (per 5.( c)) $ 7,500 NLTC would be paid $81,750 ($74,250 + $7,500) for Month 2.

  • PMC shall provide BP with its written election to exercise its option to accept Clean Coal in excess of the Minimum Base Amount no later than the 10th day of that same following month.

  • In the event that the Pond Recovery Facility is producing the Minimum Base Amount earlier than the Operational Date, PMC will grant bonus compensation to BEARD in the amount of $1.00 per Ton for all coal processed and accxxxxx by PMC prior to the Operational Date.

  • Minimum Base Amount - The minimum amount (20,000 tons) of Conforming Clean Coal that PMC shall accept (and with respect to which it will, if delivered as provided herein, pay as a processing fee to Xxxxx in each month during the Term of this Agreement subject to the terms hereof).

Related to Minimum Base Amount

  • Minimum Balance means, at any time, an amount that equals the product of: (a) the average Borrowing Base (or, if less on any given day, the Revolving Loan Commitment) during the immediately preceding month multiplied by (b) the Minimum Balance Percentage for such month.

  • Minimum Balance Requirements You must maintain a minimum daily balance of $2,000.00 in your Money Market Savings account to obtain the disclosed annual percentage yield. We impose a monthly maintenance fee if the balance falls below $500 any day of the month. Basic Checking Account Rate Information: This account does not pay interest.

  • Minimum Cash Balance means $10,000,000 minus (i) $500,000, (ii) any amounts to be paid to holders of Allowed Ongoing Trade Claims of New Permian Corp., and (iii) any amounts to be paid to holders of Allowed Cure Amounts pursuant to Section 8.4(ii).

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Minimum Purchase Amount means an amount that would be sufficient to (i) reduce the Outstanding Amount of each class of Notes on such Distribution Date to zero and (ii) pay to the respective Noteholders the Class A Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Interest Distribution Amount payable on such Distribution Date.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Minimum qualifications” are qualifications mandated for the position and which must be possessed by a Unit Member before the individual can be considered for employment in a specific classification.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Minimum Collateral Amount means, at any time, (a) with respect to Cash Collateral consisting of cash or deposit account balances provided to reduce or eliminate Fronting Exposure during any period when a Lender constitutes a Defaulting Lender, an amount equal to 105% of the Fronting Exposure of the L/C Issuer with respect to Letters of Credit issued and outstanding at such time, (b) with respect to Cash Collateral consisting of cash or deposit account balances provided in accordance with the provisions of Section 2.14(a)(i), (a)(ii) or (a)(iii), an amount equal to 105% of the Outstanding Amount of all L/C Obligations, and (c) otherwise, an amount determined by the Administrative Agent and the L/C Issuer in their sole discretion.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Replenishment Amount has the meaning assigned to such term in Section 2.06(b).

  • Minimum Dilution Reserve Percentage means, at any time of determination, the product (expressed as a percentage and rounded to the nearest 1/100th of 1%, with 5/1000th of 1% rounded upward) of (a) the average of the Dilution Ratios for the twelve (12) most recent Fiscal Months, multiplied by (b) the Dilution Horizon Ratio.

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

  • Minimum Investment means an investment in the project of at least two and one‑half million dollars within the investment period. If a county has an average annual unemployment rate of at least twice the state average during the last twenty‑four month period based on data available on the most recent November first, the minimum investment is one million dollars. The department shall designate these reduced investment counties by December thirty‑first of each year using data from the South Carolina Department of Employment and Workforce and the United States Department of Commerce. The designations are effective for a sponsor whose fee agreement is signed in the calendar year following the county designation. For all purposes of this chapter, the minimum investment may include amounts expended by a sponsor or sponsor affiliate as a nonresponsible party in a voluntary cleanup contract on the property pursuant to Article 7, Chapter 56, Title 44, the Brownfields Voluntary Cleanup Program, if the Department of Health and Environmental Control certifies completion of the cleanup. If the amounts under the Brownfields Voluntary Cleanup Program equal at least one million dollars, the investment threshold requirement of this chapter is deemed to have been met.

  • Minimum Contract Value means 10% of the Maximum Contract Value.

  • Aggregate Targeted Balance With respect to any group of Targeted Principal Classes or Components and any Distribution Date, the amount set forth for such group for such Distribution Date in Schedule V hereto.

  • Minimum Weighted Average Spread Test means a test that will be satisfied on any date of determination if the Weighted Average Spread of all Eligible Collateral Obligations included in the Collateral on such day is equal to or greater than 5.25%.

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • Minimum DSCR means, with respect to a Supplemental Loan, (i) if the Senior Indebtedness bears interest at a fixed rate, 1.25:1, or (ii) if the Senior Indebtedness bears interest at a floating rate, 1.10:1.

  • Minimum Weighted Average Coupon Test means a test that will be satisfied on any Measurement Date if the Weighted Average Coupon equals or exceeds 7.0%.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.