Estimated Volume Award definition

Estimated Volume Award is defined in GC Section 3.1.4(1);
Sample 1Sample 2Sample 3

Examples of Estimated Volume Award in a sentence

  • No later than 30 days prior to the end of each full or partial Fiscal Year the Service Provider shall provide a financial and statistical analysis to the CCAC comparing the Actual Volume of Services provided to the CCAC with the Estimated Volume Award to determine whether the Actual Volume of Services is less than the Estimated Volume Award (a “Shortfall”).

  • In the Price Form, for each full or partial Fiscal Year, there is at least one column to the left and to the right of the column that represents the Service Provider’s Estimated Volume Award (and, therefore, the applicable Fixed Period Visit Price or Hourly Rates (or both)).

  • For the purpose of clarity, if the calculation in respect of High Volume is being carried out in a partial Fiscal Year, the Estimated Volume Award and the High Volumes in each High Volume column shall be pro-rated for the number of months in the partial Fiscal Year.

  • The Service Provider shall provide a monthly statement to the CCAC of the Actual Volume of Services carried out as of the date of the Request for Payment and the remaining volume of Services left until the Estimated Volume Award for the applicable full or partial Fiscal Year is reached.

  • The Estimated Volume Award allocated to a Service Provider should be at the mid-point of the middle column.5. Make the same revisions to each of the charts for as many years or partial years in your agreement (NOT including any renewals).

  • The Estimated Volume Award allocated to a Service Provider should be at the mid-point of the middle column.

  • The organisation has established an occurrence reporting system which ensures that any identified condition of an aircraft or component which endangers the flight safety is reported to the operator, the competent authority of the operator, the organisation responsible for the type design or supplemental type design and the continuing airworthiness management organisation.

  • The CCAC shall provide the Service Provider with at least 84 days’ prior Notice of any change in the Service Provider’s Estimated Volume Award of greater than 10% of the Estimated Volume Award as of the Effective Date (the “Volume Adjustment Notice”), provided that such change arises from adjustments to the volume of Services resulting from the implementation of Consolidated Services by the CCAC.

  • Mr. Dias concluded by encouraging the use of emerging policy inroads (e.g., National Biodiversity Strategy and Action Plans) to foster partnerships and resource mobilization for determination of the best strategies for furthering work at the country level.

Related to Estimated Volume Award

  • Gross Standard Volume as herein used means volume corrected to a temperature of sixty degrees (60°) Fahrenheit, in accordance with the latest API/ASTM measurement standards, and at equilibrium vapor pressure.

  • Monthly Volume means the product of the Committed Volume multiplied by the number of days in the relevant month.

  • Contract Quantity means the quantity of Gas to be delivered and taken as agreed to by the parties in a transaction.

  • Committed Volume means, with respect to a Committed Shipper, the minimum daily volume of Crude Petroleum set out in Schedule A to the Committed Shipper’s TSA.

  • Volume Commitment means the agreed upon Customer commitment to purchase, and may be described as an Annual Volume Commitment, Total Volume Commitment, Tiered Volume Commitment, or Subminimum Volume Commitment.

  • Scheduled Quantity means the net quantity of Gas (being the difference between receipt and delivery nominations) agreed by MDL and the Welded Party to pass through (or, in the case of a Notional Welded Point, be deemed to have passed through) the relevant Welded Point for a Day.

  • Net Invoice Price means the price paid by You for Your Vehicle including all factory fitted accessories and any discount given but excluding retailer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and / or upholstery protection kits, insurance premiums (including this Premium), warranty premiums and any such associated costs and any Negative Equity.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Estimated Adjustment Amount has the meaning set forth in Section 2.8(a).

  • Formula Price means the highest of: (a) the highest composite daily closing price of the Stock during the period beginning on the 60th calendar day prior to the Change of Control and ending on the date of such Change of Control, (b) the highest gross price paid for the Stock during the same period of time, as reported in a report on Schedule 13D filed with the Securities and Exchange Commission, or (c) the highest gross price paid or to be paid for a share of Stock (whether by way of exchange, conversion, distribution upon merger, liquidation or otherwise) in any of the transactions set forth in Section 9 of the Plan as constituting a Change of Control; provided that in the case of the exercise of any such Right related to an Incentive Stock Option, “Formula Price” shall mean the Fair Market Value of the Stock at the time of such exercise.

  • VWAP Purchase Share Volume Maximum means a number of shares of Common Stock traded on the Principal Market during normal trading hours on the VWAP Purchase Date equal to: (i) the VWAP Purchase Share Estimate, divided by (ii) the VWAP Purchase Share Percentage (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Minimum Purchase Price has the meaning set forth in Section 2.04.

  • Estimated Value means the value of the Contract estimated under these Contract and Procurement Regulations.

  • Target Price means the estimated amount payable to the Contractor for the performance of the Work under a Cost Plus Fixed Fee (CPFF) Contract.

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1, or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • On-premise beer retailer means a beer retailer who is:

  • MWh means megawatt hour.

  • Meet-Point Billing (MPB means the billing associated with interconnection of facilities between two (2) or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Type A quantity means a quantity of radioactive material, the aggregate radioactivity of which does not exceed A1 for special form radioactive material or A2 for normal form radio- active material, where A1 and A2 are given in Appendix O or may be determined by procedures described in Appendix O.

  • Metered Quantity means apparent power, reactive power, active power, with associated time tagging and any other quantity that may be measured by a Party’s Metering Equipment and that is reasonably required by either Party for Security reasons or revenue requirements.

  • MMBtu means one million British thermal units.

  • Daily Quantity means the quantity of waste discharged during an operating day.

  • Runoff volume means the volume of water that runs off the land development project from a prescribed storm event.

  • tons means the gross tonnage calculated in accordance with the tonnage measurement regulations contained in Annex I of the International Convention on Tonnage Measurement of Ships, 1969; the word “tonnage” shall be construed accordingly.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Contract Unit Price means the total price per unit charged to DLA Troop Support for a product delivered to DLA Troop Support’s customers. The Contract unit price consists of three components: delivered price plus distribution price less Government rebates and discounts. The unit price sum of the three component prices shall be rounded up or down as applicable, to the nearest cent to determine the final Contract unit price.