LWSC definition

LWSC s Retained Earnings” means, as calculated at the end of any fiscal year, the Retained Earnings at the beginning of such fiscal year plus the portion of net income retained after payment of any dividends;
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LWSC means the Liberia Water and Sewer Corporation
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Examples of LWSC in a sentence

  • As a result of the Government’s policy reform efforts and the creation of appropriate regulatory and institutional foundations, LWSC and other commercial utilities are starting to perform better, and the sector is being more effectively regulated.

  • Related to this, the Government and LWSC have agreed to enter into the LWSC Sustainability Agreement as a condition precedent to the entry into force of this Compact, which will set forth certain operational and financial performance milestones for LWSC and the sector.

  • Also, the technical assistance provided under the Institutional Strengthening Activity is designed to help LWSC better plan for maintenance and asset renewal.

  • This sub-activity is focused on strengthening the capacity of LWSC to, without limitation, undertake comprehensive asset management planning and execution, carry out effective environmental management and monitoring, institutionalize and improve gender mainstreaming and conduct effective outreach to ensure pro-poor water sanitation service delivery.

  • In addition, the Government, with support from the World Bank, has implemented the “Water Sector Performance Improvement Project,” which has positively contributed to the financial performance of LWSC.

  • First, LWSC currently recovers 102 percent if its operating costs, and the new water connections anticipated under the Infrastructure Activity are expected to increase the financial health of the utility.

  • The continued effectiveness of, and compliance with, the LWSC Sustainability Agreement, including satisfaction of the applicable performance milestones, is a condition precedent to the Disbursement of MCC Funding under the Program Implementation Agreement.

  • Where LWSC and other commercial utilities need assistance now is in the area of new capital to expand their networks and rehabilitate old infrastructure.Given the significant policy reform already undertaken by the Government in this area, including through continued, sustained support from other donors, such as the World Bank, no major specific sector policy reforms are included under the Compact.

  • Finally, as a condition to entry into force of this Compact and as a condition to subsequent Disbursements of MCC Funding, LWSC will be required to devote a minimum of 50 percent of its annual retained earnings to asset renewal.The long-term sustainability of the drainage infrastructure improvements funded under the Infrastructure Activity is expected to be reinforced by several factors and elements of the Project’s design.

  • As of the date of this Compact, the Government and MCC have identified LWSC and LCC as Implementing Entities with respect to the Project.

Related to LWSC

  • DSS means the Department of Social Services.

  • Google means the Google Entity that is party to the Agreement.

  • Intel means Intel Corporation, a Delaware corporation.

  • BSC means the balancing and settlement code required to be in place, pursuant to the transmission licence granted to the transmission company in England and Wales, as from time to time modified.

  • LEC means any Carrier that is engaged in the provision of telephone Exchange Service or Exchange Access. Such term does not include a Carrier insofar as such Carrier is engaged in the provision of a commercial mobile service under Section 332(c) of the Act, except to the extent that the FCC finds that such service should be included in the definition of such term.

  • WGS means the Whole Game System and the procedures for the operation thereof as determined by The FA from time to time.

  • Acquirer means a business organization, financial institution, or an agent of a business organization or financial institution that has authority from an organization that operates or licenses a credit card system to authorize merchants to accept, transmit, or process payment by credit card through the credit card system for money, goods or services, or anything else of value.

  • Motorola means Motorola, Inc., a Delaware corporation.

  • SFDC means xxxxxxxxxx.xxx.

  • RDSP means a registered disability savings plan as defined in the Tax Act.

  • Accenture means the Accenture entity that is a party to the Agreement and its Affiliates (collectively, “Accenture”).

  • CDC means Centers for Disease Control and Prevention.

  • Microsoft means Microsoft Corporation.

  • Subscriber means the subscriber to the Memorandum.

  • ACS means “asset-controlling supplier” as that term is defined in the Cap and Trade Regulations.

  • Cloud Service Provider or CSP means a company or organization that offers some component of cloud computing – typically Infrastructure as a Service (IaaS), Software as a Service (SaaS) or Platform as a Service (PaaS) – to other businesses, organizations or individuals.

  • Subscribers shall have the meaning set forth in the section of this Escrow Agreement titled “Background.”

  • Education service provider means an education management organization, school

  • RN means Registered Nurse.

  • Providing Party has the meaning set forth in Section 11.

  • Sprint means a set period of time during which specific work is realized and made ready for review.

  • LSI means Large Scale Industry

  • Business Associate means the Contractor.

  • Transmission Service Provider means the entity that administers the transmission tariff and provides transmission service to transmission customers under applicable transmission service agreements.

  • Buyer has the meaning set forth in the preamble.

  • Major source means any stationary source (or any group of stationary sources that are located on one or more contiguous or adjacent properties, and are under common control of the same person [or persons under common control]) belonging to a single major industrial grouping and that are described in subsection (A), (B), or (C) of this definition. For the purposes of defining “major source,” a stationary source or group of stationary sources shall be considered part of a single industrial grouping if all of the pollutant emitting activities at such source or group of sources on contiguous or adjacent properties belong to the same Major Group (i.e., all have the same two-digit code) as described in the Standard Industrial Classification Manual, 1987.