Effective December definition

Effective December. 31, 1992, HEI merged into HEHC, and as a result thereof, the Company became a direct majority-owned subsidiary of HEHC. Also effective as of December 31, 1992, GET and ERSI merged into the Company and, as a result thereof, the separate existence of GET and ERSI ceased and all of their respective assets and liabilities became vested in the Company. Such merger had no effect on the consolidated financial statements or results of operations of the Company. Industry Natural gas compressors generally do not suffer significant technological obsolescence, so that the useful life of a compressor is based primarily on its mechanical integrity. The useful life of a compressor may also be extended by refurbishing or overhauling the compressor at regular intervals of approximately five to six years. Refurbished or overhauled compressors may be leased at prices substantially similar to new compressors. The gas compressor industry services both independent producers and major natural gas producers, as well as pipeline, gathering and transmission companies, and is substantially dependent on the natural gas industry. The Company believes that independent producers currently account for a substantial portion of the natural gas industry. The Company also believes that independent gas producers are now accounting for an increasing portion of the natural gas produced in the United States relative to that produced by major integrated energy producers and that independent producers are more likely to lease compressors from third parties such as the Company as a result of restraints on their ability to make the large capital expenditures necessary to purchase compressors. The Company believes that the market for natural gas compressors is driven by a variety of factors, including, without limitation, (i) the price of natural gas, (ii) the age of particular gas wells, (iii) the relative price of natural gas to the price of oil or other alternative energy sources and (iv) the season. All other things being equal, the gas compression industry is generally benefited by either an increase in gas prices, which generally results in the development of new wells, fields and pipeline systems and a corresponding increase in demand for compression, or by a decrease in natural gas prices, which results in outsourcing by independent producers and an increase in the need for leased compression. Increases in the age of natural gas wells also has a positive impact on the gas compression industry...
Effective December. [handwritten text "by BHC"] 1, 2008, the following Articles and Exhibits are revised or added to provide reinsurance terms for the Advisor VUL and Excel Performance VUL plans:

Examples of Effective December in a sentence

  • Effective December 28, 2007, it was continued under the Business Corporations Act (British Columbia).

  • Please note: Effective December 1, 2007, bid notices will be sent only to those Vendors registered to receive them via our Bid Opportunities list serve.

  • Effective December 1, 2009, 28 U.S.C. § 636(b)(1) was amended to extend that period to fourteen days.

  • Filed January 15, 2010 Effective December 2, 2009Filed in Compliance with Order Nos.

  • Effective December 1, 2015 (November hours) the Monthly Rate shall be converted to an equivalent Hourly Rate commencing with an employee’s first hour of employment pursuant to the methodology outlined below.

  • Effective December 1, 2015 (November hours), the base contribution rate shall be reduced to $1.05 per hour.

  • Effective December 1, 2018 (on November 2018 hours) the base contribution rate shall return to$1.25.

  • Effective December 1, 2009, the newly created Rule 11 of the Rules Governing Section 2254 Cases in the United States District Courts, 28 U.S.C. foll.

  • Effective December 1, 2015 (November hours), the base contribution rate shall be reduced to one dollar and five cents ($1.05) per hour.

  • Effective December 1, 2018 (November hours) the base contribution rate shall return to one dollar and twenty-five cents ($1.25).

Related to Effective December