Net Processing Time definition
Net Processing Time means the time taken from the date submitted until the date determined less any time the application was waiting on additional information from the applicant
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Related to Net Processing Time
Processing Date means the day on which the first step of physical Processing is scheduled to occur, as identified in an Acknowledgement.
processing aid means any substance not consumed as a food ingredient by itself, intentionally used in the processing of raw materials, foods or their ingredients, to fulfil a certain technological purpose during treatment or processing and which may result in the unintentional but technically unavoidable presence of residues of the substance or its derivatives in the final product, provided that these residues do not present any health risk and do not have any technological effect on the finished product;
Processing Fee means the amount to be paid by the Tenderers in consideration of cost of bid document.
Sales Agent means an authorized representative of the Company; and
Processing Agreement means the agreement (as amended from time to time) ratified by the Iron Ore Processing (BHP Minerals)