EAF definition
Examples of EAF in a sentence
Each Party agrees and acknowledges that (i) the damages that Company would incur if the Seller fails to achieve the ▇▇▇▇ EAF Performance Metric for a ▇▇▇▇ Measurement Period would be difficult or impossible to calculate with certainty and (ii) the aforesaid liquidated damages are an appropriate approximation of such damages.
If the ▇▇▇▇ Annual Equivalent Availability Factor for such ▇▇▇▇ Measurement Period is less than 97% (the "▇▇▇▇ EAF Performance Metric"), Seller shall pay, and Company shall accept, as liquidated damages for such shortfall, the amount set forth in the following table (on a progressive basis) upon proper demand at the end the current ▇▇▇▇ Measurement Period: Such liquidated damages shall be due within thirty (30) Days after the first to occur of the end of such ▇▇▇▇ Measurement Period or the end of Term.
Steel from the EAF process contains a total of 100% recovered steel, of which 67% is post-consumer.
The Department will only reimburse Program Providers for Interventions if this Agreement specifically provides that reimbursement is available under the EAF.
A deration or outage required by Company pursuant to the preceding sentence shall be considered an Unplanned Deration and shall “count against” Seller for the purpose of calculating the Annual EAF and Annual EFOF until the conditions that led to the deration or outage are resolved by Seller and Seller notifies Company of same.