Offset Ratio definition
Examples of Offset Ratio in a sentence
ICFD As a condition of project approval SOx NOx PM10 VOC Annual Emissions (tons) 51.7 86.7 83.6 73.7 ICAPCD Daily Threshold (pounds) 137.0 137.0 137.0 137.0 ICAPCD Annual Threshold (tons) 25.0 25.0 25.0 25.0 Required Offsets 26.7 61.4 58.6 48.7 Offset Ratio 1.2 1.2 1.2 1.2 Required ERCs (tons) 32.04 73.68 70.32 58.44 AIR QUALITY MM 4.4.1 The Applicant shall purchase emission offsets for SOx, NOx, PM10 and VOC for the newly permitted stationary sources after installation of BACT.
Notwithstanding anything to the contrary herein, any liability of Seller or its Affiliates for indemnification obligations under this Agreement shall be satisfied first by way of a reduction at the Offset Ratio of the value of future Post-Closing Services that the Buyer Parties are obligated to provide to Seller pursuant to the Services Agreement as of such time, if any.