Expected Production definition

Expected Production means, for any period of determination, expected production of proved, developed producing reserves of Petroleum Substances of the Borrower and its Subsidiaries, net of royalties, as described in the Borrower’s most recent Engineering Report (as such Expected Production is updated from time to time by a board of director approved forecast, such forecast to be acceptable to the Majority of the Lenders, acting reasonably), as adjusted for acquisitions and Dispositions for such year.
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Expected Production means, for each twenty-four month period occurring after the second anniversary of the Effective Date, KWHs projected to be produced by the System for that future period based on the Estimated Contract Year 1 Production and Estimated Annual Degradation factor set forth in Schedule 2 hereof.
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Expected Production means, for each Guarantee Period, the kWh projected to be produced by the System for that future period based on the Estimated Production set forth in Schedule 6 hereof.
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Examples of Expected Production in a sentence

  • To the extent that the Solar Array Design and / or the SEF Expected Production are adjusted after the Effective Date of this Agreement, such adjustments shall be approved by the Client and if they are different to the details specified in Schedule #2, the Contract Sum will be adjusted to ensure the Client’s expected economic benefit as at the Effective Date of this Agreement remains unaffected by the changes to the Solar Array Design and / or the SEF Expected Production.

  • Submit samples of design engineering systems (or samples of previous projects) either in AutoCAD, or other equivalent engineering programs, to determine engineering capability.2.5 Expected Production Capacity:a.

  • In such event, the Parties agree that Solar System Size, Estimated Year 1 Production and Expected Production set forth in Schedule 2 and the Purchase Option Fee set forth for each year in Schedule 4 shall automatically be reduced by a percentage equal to the percentage reduction in the size of the System.

  • Only two individual indicators related to expectations (Expected Production and Expected Sales) and reflecting confidence were proved as short leading indicators.

  • Expected Production Levels These levels can be increased by more than one alternative; all the alternatives will be compared and assessed by using the Cost-Benefit Analysis.

  • To the extent that the Solar PV System Design and/or the Solar PV System Expected Production are adjusted after the Effective Date of this Agreement, such adjustments shall be approved by Client and, if they are different from the details specified in Schedule #2, the Contract Sum will be adjusted to ensure Client’s Expected Economic Benefit as at the Effective Date of this Agreement remains unaffected by the changes to the Solar PV System Design and/or the Solar PV System Expected Production.

  • Table 4: Expected Production by Permanent and Contingent Resources for a 5-Period Problem aExpected Production with Permanent ResourcesbExpected Production with Contingent Resources As this example points out, it is very difficult to characterize the optimal structure of the capacity levels in problems with setup costs as there are many alternative potential ways of coping with the demand uncertainty with the help of flexibility inherent in the system.

  • In the event that UNIVERSITY’s activities result in the System being overshadowed in manner that causes the System to produce less than 95 percent of the Expected Production Output on a kWh basis over any twelve (12) month period, UNIVERSITY agrees to pay “in- lieu” fees up to the Expected Performance Output as described in Section 11.1.1 above for the duration of the period for which the shadowing occurs.

  • Suprihono, PT Medco E&P Indonesia (Alternate Paper in Technical Session 11) 191081 High Definition Multi Boundary Mapping Technique Delivers above Expected Production froma Horizontal Well Drilled in a Geologically Challenging Thin Clastic ReservoirN.M. Rane, B.

  • GeorgiaVIEW Brightspace Production Environment (QPROD, XPROD) Appropriate activities for the Production environment are:  Course Creation  Teaching  Training  Collaboration The Production environments should not be used for: Administrative tasks such as:  testing new third party integrations  testing external authentication  testing SIS uploads Expected Production environment upgrade periods: March (service pack upgrade), July (service pack upgrade), December (major version upgrade).

Related to Expected Production

  • Restricted Products means any products, equipment or machinery researched into, developed, manufactured, supplied, marketed, distributed or sold by the Company (on its own or in collaboration or partnership with others) and with which the duties of the Executive were materially concerned or for which he was responsible during the Relevant Period or about which he had Confidential Information, or any products, equipment or machinery of the same type or materially similar to those products, equipment or machinery;

  • Refined Products means gasoline, diesel fuel, jet fuel, asphalt and asphalt products, and other refined products of crude oil.

  • Commercial Production means the operation of the Property or any portion thereof as a producing mine and the production of mineral products therefrom (excluding bulk sampling, pilot plant or test operations);

  • Postproduction means an activity related to the finishing or duplication of a medium described in Subsection 59-12-104(54)(a).

  • complex product means a product which is composed of multiple components which can be replaced permitting disassembly and re-assembly of the product.

  • Edible cannabis product means cannabis product that is intended to be used, in whole or in part, for human consumption, including, but not limited to, chewing gum, but excluding products set forth in Division 15 (commencing with Section 32501) of the Food and Agricultural Code. An edible cannabis product is not considered food, as defined by Section 109935 of the Health and Safety Code, or a drug, as defined by Section 109925 of the Health and Safety Code.

  • Proved Developed Producing Reserves means Proved Reserves that are categorized as “Developed Producing Reserves” in the PRMS, “Proved Developed Nonproducing Reserves” means Proved Reserves that are categorized as “Developed Nonproducing Reserves” in the PRMS, and “Proved Undeveloped Reserves” means Proved Reserves that are categorized as “Undeveloped Reserves” in the PRMS.

  • Power production activities means any business operation that involves a project commissioned by the government of Iran whose purpose is to facilitate power generation and delivery, including, but not limited to, establishing power-generating plants or hydroelectric dams, selling or installing components for the project, providing service contracts related to the installation or maintenance of the project, as well as facilitating such activities, including by providing supplies or services in support of such activities.

  • Production Burdens means any royalties (including lessor’s royalties), overriding royalties, production payments, net profit interests or other burdens upon, measured by or payable out of oil, gas or mineral production.

  • Total hydrocarbons (THC) means the sum of all volatile compounds measurable by a flame ionization detector (FID).

  • Finished Product means a cannabis product in its final form to be sold at a retail premises.

  • Supply Period means for a Supply Point, the period beginning on the Start Date and ending on the Termination Date;

  • Covered Product The consumer product that You purchased concurrently with and is covered by this Agreement.

  • Covered Products means Your Applications, Libraries, Passes, Safari Extensions, Safari Push Notifications, and/or FPS implementations developed under this Agreement.

  • Supply Business means the licensed business of the Licensee and anyaffiliate or related undertaking of the Licensee as a Supplier but shall not include the business carried out by the Board in its capacity as public electricity supplier;

  • Product Group or “the Group” means a group of lotteries that has joined together to offer a product pursuant to the terms of the Multi-State Lottery Agreement and the Product Group’s own rules.

  • Licensed Product means a product, method or service in the Licensed Field of Use, the making, having made, using, importing or selling of which, absent this license, infringes, induces infringement, or contributes to infringement of a Licensed Patent.

  • Hydrocarbons means oil, gas, casinghead gas, drip gasoline, natural gasoline, condensate, distillate, liquid hydrocarbons, gaseous hydrocarbons and all products refined or separated therefrom.

  • Collaboration Product means a pharmaceutical product containing or comprising Compound in any dosage form alone, or in combination with, one or more other pharmaceutically active ingredients, and any and all Improvements thereto.

  • Development Well means a well drilled inside the established limits of an oil or gas reservoir, or in close proximity to the edge of the reservoir, to the depth of a stratigraphic horizon known to be productive.

  • Recycled product means a product containing recovered material, or post-consumer recovered material, or both.

  • Bulk Product means Licensed Product supplied in a form other than Finished Product which can be converted into Finished Product.

  • Bundled Product means Product sold together with any other product(s) or service(s) at a single unit price, whether packaged together or separately, and which other product(s) or service(s) have material independent value from Product itself.

  • Terminated Product has the meaning set forth in Section 13.5.

  • regulated product means a consumer product for which a VOC standard is specified in section 94509(a), and

  • Mercury-added product means a product or product component that contains mercury or a mercury compound that was intentionally added;