Minimum Suspension definition
Examples of Minimum Suspension in a sentence
Minimum Suspension Period: a period of ninety (90) days of which HyperAir is allowed to suspend the Payment to Seller pursuant to the Sales Proceeds – Payment Section of the Terms.
The "Minimum Suspension Period" is the six (6) month period beginning on the date of the hardship distribution.
Term of Reliability Must-Run Service Requested: [check one] Annual Minimum Suspension Period Type of Reliability Must-Run Service: [check one] RMR Unit Synchronous Condenser Unit The type of unit checked may also be referred to as the “Designated Unit” in this Agreement.
In a Suspension Request, the duration of a suspension (“Suspension Period”) may not be less than the Minimum Suspension Term (as indicated above).
Such Participant may not again make Deferral Contributions to this Plan until the Plan Year following the end of the Minimum Suspension Period.