Long-term care means those activities taken by a host state after a compact facility is permanently closed to ensure the protection of air, land, and water resources and the health and safety of all people who may be affected by the compact facility.
Long-term contract means a contract with a duration period exceeding one year;
Long-Term Incentive Plan or “LTIP” means a plan providing compensation intended to motivate performance over a period greater than one financial year. LTIPs do not include option or SAR plans or plans for compensation through shares or units that are subject to restrictions on resale;
Long-Term Debt means debt repayable over a period exceeding one year;
Long-Term Rating has the meaning specified in the Intercreditor Agreement.