MGR definition

MGR means the Purchaser’s captive rail transportation system for transportation of Coal

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MGR means Mountain Gas Resources, Inc., a Delaware corporation.

MGR means Mountain Gas Resources LLC, a Delaware limited liability company.

Examples of MGR in a sentence

• In case of reduction of core capacity, it will be 100% prorate/proportionate to the MGR quoted.

• In case any consumer establishes Captive mode of transport (MGR, Belt, Pipe Conveyor, Rope), such supply through captive mode shall attract facilitation charge of 10% over the Modulated Price applicable for coal supply.

• In the event of the additional capacity withdrawal which was accounted/mounted @80% as above, the same ratio will be followed accordingly in MGR fixation.

• In case of capacity reduction or induction from the territory of appointment, including an increase in frequency /Sector, the MGR would be fixed & calculated prorate and equivalent to on 80% of the Quoted MGR for the additional frequency/frequencies, schedule & capacity inducted and MGR would be revised accordingly.

• Any variance/Change in the Cargo Payload or Schedule, the MGR amount would be calculated & corrected to impact the MGR (+/-) accordingly & automatically from the date of schedule amendment ,however the same would be advised by Air India in writing to GSA.

• Any addition in capacity, the MGR fixed will commensurate @80% of the calculated amount towards additional capacity and the same would be translated to Revenue/quoted MGR.

• Detailed documentation of coal supplied to consumers by RailI RoadI MGR etc.

• Shortfall /deficit amount can be made up in the following months and in case the MGR shortfall/deficit amount reaches the level of Bank Guarantee submitted for this purpose, the same can be invoked by AI in case the deficit amount is not settled by the GSA.

• Any addition in capacity, the MGR fixed will commensurate proportionate of the calculated amount towards additional capacity and the same would be translated to Revenue/quoted MGR.

• In case the actual monthly remittances is less than the monthly MGR Commitment, a debit note for the shortfall /deficit amount would be issued by Air India.

More Definitions of MGR

MGR has the meaning ascribed to it in the introductory paragraph of this Agreement.

MGR means all revenue generated in a given month by Manager’s and its subcontractors' activities under this Agreement, less sales tax, with the following exception: for revenue from ticketed live performance events, MGR includes only the month's aggregate revenue for such events net of direct, documented production expenses (such as lighting, sound, and security) and performer expenses (such as performer fee and hospitality). If Manager offers its employees staff discounts on products or services offered by Manager under this Agreement, revenues from sales of such discounted products and services will not be included in MGR.

MGR has the meaning set forth in the preamble.