Lowest definition

Lowest prime rate" as published in the Wall Street Journal on the date of the loan transaction.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Lowest when used in Section 4.2(r)(iii) and the definition of “Permitted Encumbrances” with respect to a Subject Well, refers to Subject Well with the lowest percentage Working Interest set forth on Schedule 14.4; provided, however, that, (a) with respect to the Subject Well with the “Well Name” “San ▇▇▇▇ ▇▇ 1 B1”, the “lowest” Working Interest (with respect to such Subject Well) shall be the Working Interest set forth for such Subject Well in the “WI APO” column on Schedule 14.4, (b) with respect to the Subject Well with the “Well Name” “▇▇▇▇▇▇▇ 6”, the “lowest” Working Interest (with respect to such Subject Well) shall be the Working Interest set forth for such Subject Well in the “WI APO” column on Schedule 14.4, (c) with respect to the Subject Well with the “Well Name” “▇ ▇ ▇▇▇▇▇▇▇ 8”, the “lowest” Working Interest (with respect to such Subject Well) shall be the Working Interest set forth for such Subject Well in the “WI APO” column on Schedule 14.4, (d) with respect to the Subject Well with the “Well Name” “EI77 8 WWS”, the “lowest” Working Interest (with respect to such Subject Well) shall be the Working Interest set forth for such Subject Well in the “WI APO” column on Schedule 14.4 and (e) with respect to the Subject Well with the “Well Name” “ST904 4 F2B”, the “lowest” Working Interest (with respect to such Subject Well) shall be the Working Interest set forth for such Subject Well in the “WI APO” column on Schedule 14.4.

Lowest here means in terms of the interest rate at which he is willing to lend.

Examples of Lowest in a sentence

Any allocation of the principal portion of Realized Losses (other than Debt Service Reductions) to the Subordinate Certificates then outstanding with the Lowest Priority shall be made by operation of the definition of "Certificate Principal Balance" and by operation of the provisions of Section 4.02(a).
By applying the criteria and methodologies, the Procuring Entity shall determine the Lowest Evaluated Tender.
The Master Servicer may enter into one or more special servicing agreements with a Lowest Class B Owner, subject to each Rating Agency's acknowledgment that the Ratings of the Certificates in effect immediately prior to the entering into of such agreement would not be qualified, downgraded or withdrawn and the Certificates would not be placed on credit review status (except for possible upgrading) as a result of such agreement.
The Servicer may enter into one or more special servicing agreements with a Lowest Class B Owner, subject to each Rating Agency’s acknowledgment that the Ratings of the Certificates in effect immediately prior to the entering into of such agreement would not be qualified, downgraded or withdrawn and the Certificates would not be placed on credit review status (except for possible upgrading) as a result of such agreement.
The final price submitted for Non-Pre-Priced (NPP) Tasks shall be calculated according to the following formula: A= The hourly rate for each trade classification not in the Construction Task Catalog® multiplied by the quantity; B= The rate for each piece of Equipment not in the Construction Task Catalog® multiplied by the quantity; C= Lowest of three (3) independent quotes for all materials.
The Procuring Entity shall award the Contract to the successful tenderer whose tender has been determined to be the Lowest Evaluated Tender in accordance with procedures in Section 3: Evaluation and Qualification Criteria.
The Procuring Entity shall award the Contract to the successful tenderer whose tender has been determined to be the Lowest Evaluated Tender.
Method of Award for Pre-Existing Inventory Vehicles: Lowest price to a single contractor that can meet the specified delivery date, and provide the total number of vehicles requested.
Method of Award for Vehicles Built to Specifications at the OEM Factory: Lowest price to a single contractor that can meet the specified delivery date, and supply the total number of vehicles requested.
Lowest price, per vehicle (i.e., the Total NYS Contract Price for Mini-Bid), to multiple Contractors that can meet the specified delivery date.

More Definitions of Lowest

Lowest. Cost Commercially Reasonable Manner".................... 8.07(e) "Market Risk Period"............................................ 6.04(g) "Material Contracts"............................................ 3.12(a) "Money Market Vehicle".......................................... 6.04(g) "Multiemployer Plan"............................................ 3.19(b) "Multiple Employer Plan"........................................ 3.19(b) "Non-Carbonless Paper Business"................................. Recitals "Non-Controlling Party"......................................... 8.08(c)

Lowest means the lowest Quotation obtained by the Calculation Agent or, if applicable, Seller (or in accordance with Section 7.7(b) of the Credit Derivatives Definitions) in relation to the Valuation Date.