LMEP definition

LMEP means the average of the three months seller price for 99.7 percent purity aluminum in U.S. Dollars per Metric Ton quoted by the London Metal Exchange as published in Metal Bulletin under the caption “Metal Bulletin (month) Averages” in the section “London Metal Exchange high, low and average (month) (days)” in the column “(month) Average” for the calendar year in question. In the absence of an LMEP, St. ▇▇▇ Bauxite and the Government will negotiate toward agreeing on a mutually acceptable alternative pricing mechanism. In the event the parties fail to reach an agreement within sixty (60) days of either party having notified the other to enter into discussions to agree to an alternative pricing mechanism, then the Chairman of the London Metal Exchange in London, U.K. or his nominee shall be requested to select a suitable reference in lieu thereof and/or appropriate amendment to the terms of this Section 6.01(b)(ii). The decision of the Chairman or his nominee shall be final and binding on the parties.
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LMEP means the average of the three months seller price for 99.7 percent purity aluminum in U.S. Dollars per Metric Ton quoted by the London Metal Exchange as published in Metal Bulletin under the caption “Metal Bulletin (month) Averages” in the section “London Metal Exchange high, low and average (month) (days)” in the column “(month) Average” for the calendar year in question. In the absence of an LMEP, St. ▇▇▇ Bauxite and the Government will negotiate toward agreeing on a mutually acceptable alternative pricing mechanism. In the event the parties fail to reach an agreement within sixty
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Examples of LMEP in a sentence

  • On or as soon as reasonably practicable following the Effective Date, the Company will cause LLH MGMT Profits II, LLC (“LMEP”) to grant to Executive 2,191,000 Class C-14 Common Units of LMEP (the “Incentive Units”).

  • The Incentive Units will be structured in a manner intended to constitute “profits interests” for United States federal income tax purposes and will be subject to such terms and conditions (including vesting conditions) as are set forth in a restricted unit grant agreement prescribed by the Company (the “Award Agreement”), to be entered into between Executive and LMEP, in the form previously provided to Executive, which shall evidence the grant of the Incentive Units.

  • The Incentive Units shall be subject in all respects to the terms and conditions (including vesting and lock-up conditions) set forth in the Award Agreement and the LMEP operating agreement, including any restrictive covenants contained therein.

  • Landlord agrees to use commercially reasonable efforts to comply with all applicable provisions of the ICIP Program and the LMEP Program with the goal that the Building will receive the benefits and entitlements provided by both the ICIP Program (such benefits, the "ICIP Benefits") and the LMEP Program (such benefits, the "LMEP Benefits"; the ICIP Benefits and the LMEP Benefits being herein sometimes collectively referred to as the "ICIP/LMEP Benefits").

  • The business transacted at a special meeting of stockholders shall be limited to the purpose or purposes for which such meeting is called, except as otherwise determined by the Board of Directors, the LMEP III-A Designee or the chairman of the meeting.

  • Landlord shall set forth on all invoices for Tenant's bills form Landlord for electricity (for which reductions thereof are by reason of the applicability of the LMEP), substantially the following language: "Tenant may be entitled to share a rebate which your Landlord has received for charges for energy pursuant to the revitalization area energy rebate program.

  • LMEP currently engages with 261 of our city’s 283 primary schools, 37 of 40 secondary schools, and 9 specialist learning centres, providing a range of music learning opportunities on a weekly basis for over 16,000 children.

  • Meetings of the Board of Directors shall be presided over by the LMEP III-A Designee, or in his or her absence, by the Chairman of the Board, if any, or if there is none or in his or her absence, by the Chief Executive Officer, or in his or her absence by a chairman chosen at the meeting.

  • On behalf of LMEP, ArtForms manages Music Connect, a CPD offer plus coordinators network available to all primary schools.

  • Special meetings of the Board of Directors may be called by the LMEP III-A Designee, the Chairman of the Board, if any, the Chief Executive Officer, or the Secretary.