New production definition

New production means production which results from a new facility, a facility which has not received credits before 2017, or the expansion of the capacity of an existing facility by at least 2 million gallons if the expansion is first placed in service after 2016, as certified by the design engineer of the facility to the State Energy Office.

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New production means production that results from a new facility, a facility that has not received credits before 2014, or the expansion of the capacity of an existing facility by at least 2 million gallons first placed into service after 2014, as certified by the design engineer of the facility to the Department of Revenue. The amount of the credit based on new production must be approved by the Department based on the ethanol or biodiesel production records as may be necessary to reasonably determine the level of new production. If the credit is based on the expansion of the capacity of an existing facility, “new production” means annual production in excess of 12 times the monthly average of the highest 3 months of ethanol or biodiesel production at the facility during the 24 month period immediately preceding certification by the design engineer. A credit is not allowed for an expansion of the capacity of an existing facility until production exceeds 12 times the 3 month average amount determined pursuant to Code Section 12-6-3600(D) during any 12 consecutive month period beginning no sooner than January 1, 2014.

New production means, as at any date of determination, production from any proved producing reserves that were not classified as proved producing reserves in the most recent Reserve Report delivered by the Borrower pursuant to Section 6.01(j).

Examples of New production in a sentence

• New production associates hired on or after the effective date of this Agreement, who do not hold a seniority date shall be hired at a rate equal to $5.00 less than the maximum base rate of the job classification.

• New production will be sold in the United States and in Western Europe.

• NSLP Lunch and production record SBP New Breakfast/Snack Pattern & New production record 20b.

• New production employees to be paid at seventy-five percent (75%) of the classification rate during the first nine (9) months of employment.

• New production associates hired on or after the effective date of this Agreement, who do not hold a seniority date shall be hired at a rate equal to less than the maximum base rate of the job classification.

• New production sites, outsourcing and facility upgrades shall not be utilized relative to Antibodies, Reagents or Reagent Kits pending PMA supplemental or other approval, unless consistent with FDA and other applicable regulations.

• For the duration of the current contract of 2018-2020 P/F Fiskaaling is to maintain focus on research, development and advice within certain areas that are connected to: • Improved utilisation of aquaculture fiords, • Land-based aquaculture, • Fish welfare • Dissemination of lice and infectious disease • New production possibilities This contract is part of the Government’s initiative to implement the UN Sustainable Development Goals, and this way acquire knowledge for sustainable aquaculture.

• New production technology requires a more educated, more technologically trained workforce.

• The foundation for the expertise was laid by a donated professorship in 1999-2003, which continued as a per- manent position in the University of Oulu, and by two research and development projects: New production methods in sheet metal industry and Expertise in Laser and high speed machining technology.

• New production sites, outsourcing and facility upgrades shall not be utilized relative to Manufactured Products, pending PMA supplement or foreign approval, unless consistent with FDA and other applicable regulations.

More Definitions of New production

New production means production at a new facility, a facility that had not received credits before 2017, or an existing facility with an expanded capacity of at least two million gallons first placed into service after 2016, as certified by the facility’s design engineer to the State Energy Office. For expansion of the capacity of an existing facility, "new production" means annual production in excess of 12 times the monthly average of the highest three months of ethanol or biodiesel production at an ethanol or biodiesel facility during the 24-month period immediately preceding certification of the facility by the design engineer. Credits are not allowed for expansion of the capacity of an existing facility until production is in excess of 12 times the 3-month average amount during any 12-consecutive-month period beginning no sooner than January 1, 2017.

New production means all Producer’s Products owned or Controlled by Producer or any of its Affiliates that are produced and saved from any well with a well name and API number that is not listed on Exhibit G as of the Effective Date.