Labor Loading definition
Labor Loading means a percentage equal to the ratio of the total cost of Benefits to the total Wages paid for all employees working in Operator’s electric utility operations. Big Stone II Power plant June 30, 2005 Laws: Shall mean any and all federal, state, and local statutes, laws, judicial decisions, regulations, ordinances, rules, judgments, orders, decrees, codes, plans, injunctions, permits, governmental agreements and governmental restrictions of any Governmental Authority, whether now or hereafter in effect. Lender: Shall mean a Person providing financing or refinancing to any Owner in connection with the development, construction, alteration, rehabilitation, or working capital needs of BSP II.
Labor Loading means a percentage equal to the ratio of the total cost of Benefits to the total Wages paid for all employees working in Operator’s electric utility operations. Laws: Shall mean any and all federal, state, and local statutes, laws, judicial decisions, regulations, ordinances, rules, judgments, orders, decrees, codes, plans, injunctions, permits, governmental agreements and governmental restrictions of any Governmental Authority, whether now or hereafter in effect. Lender: Shall mean a Person providing financing or refinancing to any Owner in connection with the development, construction, alteration, rehabilitation, or working capital needs of THE PROJECT.