Reduction definition

Reduction means measures designed to reduce or eliminate human exposure to lead-based paint hazards through methods including interim controls and abatement.
Reduction means a reduction or removal of one tonne of CO2e caused by the activities of a Project during the Project Crediting Period;
Reduction means the non-disciplinary movement of an employee from a higher-paid classification to a lower-paid classification at the request of the employee to be reduced, or by the appointing authority of his or her designated representative, for reasons of organizational change, reduction in force, poor job match or to accommodate an injured or disabled worker.

Examples of Reduction in a sentence

  • If more than one method of reduction will result in the same economic benefit, the items so reduced will be reduced pro rata (the “Pro Rata Reduction Method”).

  • This letter constitutes a Reduction Notice pursuant to Section 2.02(d) of the Agreement.

  • Capitalized terms used in this Reduction Notice and not otherwise defined herein shall have the meanings assigned thereto in the Agreement.

  • For the avoidance of doubt, if an Advance Rate Reduction Trigger Date has occurred with respect to more than one of the Senior Notes or Senior Secured Notes that constitute the Reference Debt that remains outstanding at the same time, the implementation of the Incremental Maturity Date Fixed Holdback shall not be additive (but shall continue to apply until it ceases to apply pursuant to the terms of Section 8.10(b).

  • If the Vendor Representative fails to deliver the Objection Notice within the Review Period, the Purchaser's Final Closing Statement shall be deemed to have been accepted by the Vendors and shall be final and binding and used in computing the Post-Closing Reduction Amount or Post-Closing Increase Amount, as applicable.


More Definitions of Reduction

Reduction means any provision that reduces the amount of the benefit; a risk of loss is assumed but payment upon the occurrence of the loss is limited to some amount or period less than would be otherwise payable had the reduction not been used.
Reduction means a defined [negative] [number][number of percentage points] and has been determined as [●].]
Reduction means the non-disciplinary voluntary or involuntary movement of an employee to a position with a lower maximum pay rate at the request of the employee to be reduced, or by the appointing authority or their designated representative for reasons of organizational change, reduction in force, poor job match or poor work performance.
Reduction. Any deduction, discount or set off claimed by a Customer or other alteration which reduces the Notified Value of a Debt;
Reduction means a reduction or removal of one (1) metric tonne of CO2 equivalent caused by the activities of the Project during the Project Crediting Period;
Reduction means, when applied to any Debt Facility, (i) the permanent repayment of outstanding loans (or obligations in respect of Attributable Debt) under such Debt Facility, (ii) the permanent reduction of outstanding lending commitments under such Debt Facility or (iii) the permanent cash collateralization of outstanding letters of credit under such facility (together with the termination of any lending commitments utilized by such letters of credit).
Reduction has the meaning set forth in Section 20.1B.