Approved AOP definition

Approved AOP means, with respect to any Year during the Term commencing with 2009, the AOP applicable to such Year and approved in accordance with Section 5.4, and for 2008, the AOP consistent with the preliminary AOP attached hereto as Exhibit 3 and approved in accordance with Section 5.4, as each such Approved AOP may be modified from time to time in accordance with Section 5.6.
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Examples of Approved AOP in a sentence

  • The Closing Stock Consideration is subject to further adjustment as provided in Section 5.02.

  • If the Steel Index average is greater than the inflation rate assumed in the Approved AOP, the Steel Budget shall be increased in the Fee Adjustment Basis AOP by the difference in the respective percentages.

  • NRG may at any time propose that the Approved AOP applicable to any Year be revised for any reason (specifically including a desire by NRG to increase or decrease AOP Volumes for the remainder of such Year) by submitting to TWCC a request for a change to such AOP (a “Change Order Request”).

  • Unless otherwise mutually agreed in writing between the Parties, no Approved AOP shall obligate TWCC to supply lignite from sources other than the Mine.

  • In addition, in the event that TWCC purchases up to ten percent (10%) more tires or ten percent (10%) fewer tires than the total number of tires in the Tire Budget in a given Approved AOP, the Fee Adjustment Basis AOP for such Year shall be adjusted to reflect the total cost for such overage or underage, as the case may be, of up to ten percent (10%).

  • Such Change Order, as modified as the Parties may agree, shall be implemented only if and when accepted by NRG, and the Approved AOP shall be modified as set forth in such Change Order from and after such acceptance.

  • Consistent with the Approved AOP, TWCC and NRG shall cooperate in scheduling daily, weekly, and Monthly deliveries of AOP Volumes in order to accommodate NRG’s fuel requirements and consistent with TWCC’s abilities to meet such requirements.

  • TWCC shall conduct all operations, incur expenses, and direct capital expenditures pursuant to the Approved AOP for the applicable Year.

  • With respect to any Change Order implementing a change in the AOP Volumes, the AOP Volumes for the Approved AOP for such Year shall be adjusted to take into account the change in volumes effected by such Change Order, and the daily, weekly, and Monthly AOP Volumes shall be reduced or increased, as applicable, in accordance with such Change Order from and after its effectiveness.

  • As soon as reasonably practical but in no event later than the 15th Business Day after such Change Order Request, TWCC shall submit to NRG a proposed change to the Approved AOP (such change, a “Change Order”) that sets forth in reasonable detail the changes to the Approved AOP necessary to implement the modification requested in the Change Order Request, which changes will include changes to the Mine Costs.