Optimal Solution definition

Optimal Solution means the lowest cost alternative to achieve compliance (or for remediation) acceptable to the controlling governmental entity (i.e., Federal or Louisiana Department of Environmental Quality) which does not result in any increase in operational cost, deed restrictions or other limitations adversely affecting the value of the business or property in excess of $50,000 in the aggregate in any twelve (12) month period. The Company agrees that UOP shall have the right notwithstanding the preceding sentence to achieve compliance or to take remedial action which exceeds the cost of the Optimal Solution for business or other reasons; provided, however, that the 55 68 liability of the Company hereunder shall be limited to the cost of the Optimal Solution for any such compliance or remediation liability set forth under Section 3.17 (Environmental Protection) and Section 5.12 (Soil and Groundwater Conditions at Sites) of this Agreement, and UOP shall notify the Company of a potential issue thereunder and thereafter shall provide to the Company a written project plan for the Optimal Solution to be submitted to the applicable regulatory authority (the "Project Plan") for agreement by the Company (which agreement shall be deemed to have been given by the Company in the event that it shall not have responded in writing to UOP regarding the Project Plan within thirty (30) days of its notice thereof in accordance with this Agreement), except that UOP shall not require the agreement of the Company with regard to items identified in Exhibit I to the Asset Holdback Agreement. In addition, UOP shall keep the Company informed of developments and negotiations with the applicable regulatory authority and shall, as the spokesperson to the applicable regulatory authority, invite a representative of the Company to attend and observe in an advisory capacity to UOP any scheduled discussions or meetings which may be held with the applicable regulatory authority regarding the compliance or remedial action to be taken.
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Examples of Optimal Solution in a sentence

  • O.S. the Simple Optimal Solution module for wellness is a concrete approach to optimal detoxification, organ, and immune system wellness that is ideal for your daily, weekly, and annual optimal physical health for today and years to come.

  • NoAN/NoCancel Fixed-α¯, α¯ = 0.5 Fixed-α¯, α¯ = 0.1 Fixed-α¯, α¯ = 0.3 Optimal Solution Suboptimal Solution 180 160 Harvested Power (µ W) 140 120 100 80 0 0.2 0.4 0.6 Non−outage Probability 0.8 1 Figure 3.4: Achievable O-E regions with a target secret rate r0 = 6.5bits/sec/Hz by different power allocation schemes when the IR and ER are 2m and 1m away from the Tx, respectively.

  • An Optimal Solution for Consensus Problem in an Unreliable Communication System.

Related to Optimal Solution

  • General Solicitation and “General Advertising” means “general solicitation” and “general advertising”, respectively, as used under Rule 502(c) of Regulation D, including, without limitation, advertisements, articles, notices or other communications published in any newspaper, magazine or similar media or the internet or broadcast over radio or television or the internet, or any seminar or meeting whose attendees had been invited by general solicitation or general advertising;

  • Professional solicitor means any person who, for a financial or other consideration, solicits

  • Commercial solid waste means all types of solid waste generated by stores, offices, restaurants, warehouses, and other nonmanufacturing activities, excluding residential and industrial wastes.

  • Industrial solid waste means solid waste generated by manufacturing or industrial processes that is not a hazardous waste. Such waste may include, but is not limited to, waste resulting from the following manufacturing processes: electric power generation; fertilizer/agricultural chemicals; food and related products or byproducts; inorganic chemicals; iron and steel manufacturing; leather and leather products; nonferrous metals manufacturing or foundries; organic chemicals; plastics and resins manufacturing; pulp and paper industry; rubber and miscellaneous plastic products; stone, glass, clay, and concrete products; textile manufacturing; transportation equipment; and water treatment. This term does not include mining waste or oil and gas waste.

  • Referral Source has the meaning set forth in Section 7.07(b).