Average Age definition

Average Age means the period of time corresponding to the rotation of the total stock of brandy that is undergoing the ageing process, calculated by dividing the total volume of brandy contained in all the ageing scales by the volume of the extractions made from the last scale – the solera – in one year.
View Source
Average Age means, at any time, the average age of all of the Pool Aircraft at such time, weighted with respect to each Pool Aircraft by (a) the lower of the median and the mean of the Base Values set forth with respect to such Pool Aircraft in the most recent Appraisals delivered with respect to such Pool Aircraft pursuant to the Loan Documents, or (b) if as of such time no Appraisals have been required to be so delivered with respect to such Pool Aircraft pursuant to the Loan Documents, the Initial Appraised Value for such Pool Aircraft.
View Source
Average Age is defined in Section 9.9.4(a).
View Source

Examples of Average Age in a sentence

  • The Fleet Average Age for Body on Chassis Type Buses may not be more than 9.5 years.

  • The Fleet Average Age for Van Type or Integral Buses may not be more than 8.5 years.

  • For the 2015-2016 school year, the Fleet Average Age for "body on chassis" type vehicles may not be more than 8.5 years.

  • For the 2015-2016 school year, the Fleet Average Age for "van" type vehicles for all Milwaukee Public School contracts may not be more than 7.5 years.

  • The Average Age will be determined, to the extent practicable, on the basis of appropriate documentation and substantiation, and in circumstances where substantiation is not practicable, the reasonable, good faith estimate of the parties.

  • The foregoing equation is intended to calculate the Weighted Average Age of the Managed Containers.

  • Data provided monthly shall be Average Age for all RMA assets that have been at SCI longer than 2 weeks, and the number of delinquent (age exceeds goal) RMA assemblies outstanding in each category below.

  • Average Turn Around time of returned Units: • Systems • Circuit Packs • Sets Quantity of Units in Process (WIP) Average Age of Units in Process (where age is defined as # of days since goods were received.) List of 10 oldest units by part number and explanation as to delay if in excess of agreed to lead-times.

  • The Weighted Average Age of the Eligible Containers on the Drawdown Date for such Loan (after giving effect to the Loan(s) advanced on such Drawdown Date and all Collateral pledged in connection therewith) shall not exceed five (5) years.

  • Table 4: Physician population – as of October 2012 Active Physicians 1,005 1,494 2,499 Male / Female 55% / 44% 70% / 30% 64% / 36% Average Age 52 51 51 Average Years of Practice 19 14 16 Table 5: Physician population by DHA of practice – as of October 2012 1.


More Definitions of Average Age

Average Age. As of any Record Date, an amount equal to the quotient of (a) the aggregate sum of (i) the number of Eligible Containers, multiplied by (ii) the age of such Eligible Containers, divided by (b) the aggregate number of all Eligible Containers. Bankruptcy Code: The Bankruptcy Reform Act of 1978, as amended.
View Source
Average Age is defined in Section 8.16.5(a).
View Source
Average Age. As of any Record Date, an amount equal to the quotient of (a) the aggregate sum of (i) the number of Eligible Containers, multiplied by (ii) the age of such Eligible Containers, divided by (b) the aggregate number of all Eligible Containers.
View Source
Average Age means, at any time, the average age of all of the PS Pool Aircraft at such time, weighted with respect to each PS Pool Aircraft by the average of the Base Values set forth with respect to such PS Pool Aircraft (a) in the most recent Appraisals delivered with respect to such PS Pool Aircraft pursuant to the Loan Documents, or (b) if as of such time no Appraisals have been required to be so delivered with respect to such PS Pool Aircraft pursuant to the Loan Documents, in the Initial Appraisals..
View Source
Average Age means the arithmetic average integer age of all the Ships the subject of a Mortgage rounded up to two decimal places.
View Source

Related to Average Age

  • Average weekly discharge limitation means the highest allowable average of "daily discharges'' over a calendar week, calculated as the sum of all "daily discharges'' measured during a calendar week divided by the number of "daily discharges'' measured during that week. Each of the following 7-day periods is defined as a calendar week: Week 1 is Days 1 - 7 of the month; Week 2 is Days 8 - 14; Week 3 is Days 15 - 21; and Week 4 is Days 22 - 28. If the "daily discharge" on days 29, 30 or 31 exceeds the "average weekly" discharge limitation, Ohio EPA may elect to evaluate the last 7 days of the month as Week 4 instead of Days 22 - 28. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.

  • Average monthly discharge limitation means the highest allowable average of "daily discharges" over a calendar month, calculated as the sum of all "daily discharges" measured during a calendar month divided by the number of "daily discharges" measured during that month. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • Average weekly wage means the amount derived by dividing an

  • Final Average Earnings means the earnings used to determine benefits under this Plan as further described in Article 7.