Residual Life Methodology definition

Residual Life Methodology means the methodology used to assess and calculate the Residual Life for each Maintained Element specified in to the Concession Agreement.
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Residual Life Methodology means the evaluation methodology by which the Residual Life of any asset of the Project will be calculated. It contains the method by which any necessary Renewal Work will be identified to ensure that Residual Life Requirements will be met at the end of the Term of the Agreement.
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Residual Life Methodology. (RLM) is the evaluation and calculation methodology by which the Residual Life of any Element of the Project will be calculated at expiration or earlier termination of the Agreement and Lease and contains the method by which any necessary Renewal Work will be identified to ensure that each Element of the Project for which a minimum Residual Life at Handback is required under Section 19 of the Technical Provisions meets such requirement.
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Examples of Residual Life Methodology in a sentence

  • Developer shall submit the Handback Plan, including a Residual Life Methodology plan, to TxDOT for review and approval at least 60 months before the anticipated Termination Date.

  • The Concessionaire must submit the Handback Plan, including a Residual Life Methodology plan, to HPTE for review and Acceptance.

  • The Concessionaire shall submit the Handback Plan, including a Residual Life Methodology plan, to HPTE for review and Acceptance no later than the first day of the fifth full calendar year before the Expiration Date.

  • The Residual Life Methodology Report shall include the qualifications and experience of all independent engineers, testing facilities, specialists and organizations that shall undertake the Handback Inspections, all of which shall be submitted to the Enterprises for Acceptance in the Residual Life Methodology Report.

  • Residual Life Methodology Report Prepare and submit a timely, accurate and complete Residual Life Methodology Report in accordance with Section 3.3 of Schedule 12 (Handback Requirements).

  • Residual Life Methodology toward the end of early Term, generally commensurate with the swing of the Handback Period, containing the criteria to be adopted for the calculation of the Residual Life is each Element.

  • Central 70 Project: Project Agreement Schedule 12 (Handback Requirements) Appendix A Residual Life Requirements Element Residual Life at Handback (yrs) Inspection Requirements Residual Life Methodology (RLM) Requirement Structures Reinforced concrete 40 Inspections of structures shall be undertaken by Accepted independent testing organizations.


More Definitions of Residual Life Methodology

Residual Life Methodology means the methodology used to assess and calculate the Residual Life for each Maintained Element specified in Schedule 20.
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Residual Life Methodology. Report shall:
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Related to Residual Life Methodology

  • Alternative method means any method of sampling and analyzing for an air pollutant that is not a reference or equivalent method but that has been demonstrated to the satisfaction of the commissioner and the U.S. EPA to, in specific cases, produce results adequate for a determination of compliance.

  • Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.

  • Single Life Annuity means a Participant’s Grandfathered Benefit and/or 409A Benefit, as applicable, payable as an annuity in equal monthly installments over the life of the Participant, commencing as of the Payment Date and terminating in the month in which the Participant dies, with no further payments thereafter.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Methodology means the process used by the Steward to determine its calculation of its Supplied quantity of Designated Printed Paper and Packaging, including, but not limited to, data sources, percentage allocation of data reported, data collection systems, and the use of calculators, worksheets, commercial software, or mathematical formulae.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Actuarial method means the method of allocating a fixed level monthly payment on an obligation between principal and interest, pursuant to which the portion of such payment that is allocated to interest is equal to the product of (a) 1/12, (b) the fixed annual rate of interest on such obligation and (c) the outstanding principal balance of such obligation.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • 2%/25% Guidelines has the meaning set forth in Section 13.

  • Reference method means any direct test method of sampling and analyzing for an air pollutant as specified in 40 CFR 60, Appendix A*.

  • Standard Methods means the examination and analytical procedures set forth in the most recent edition of "Standard Methods for the Examination of Water and Wastewater" published jointly by the American Public Health Association, the American Water Works Association, and the Water Pollution Control Federation.

  • 2001 CSO Mortality Table means that mortality table, consisting of separate rates of mortality for male and female lives, developed by the American Academy of Actuaries CSO Task Force from the valuation basic mortality table developed by the Society of Actuaries Individual Life Insurance Valuation Mortal- ity Task Force, and adopted by the NAIC in December 2002. The 2001 CSO mortality table is included in the Proceedings of the NAIC (2nd Quarter 2002) and is supplemented by the 2001 CSO preferred class structure mortality table and may be obtained from the office. Unless the context indicates otherwise, the “2001 CSO mortality table” includes both the ultimate form of that table and the select and ultimate form of that table and includes both the smoker and nonsmoker mortality tables and the composite mor- tality tables. It also includes both the age−nearest−birthday and age−last−birthday bases of the mortality tables.

  • Vapor balance system means a combination of pipes or hoses which create a closed system between the vapor spaces of an unloading tank and a receiving tank such that vapors displaced from the receiving tank are transferred to the tank being unloaded.

  • Method Detection Level or “MDL” means the minimum concentration of an analyte (substance) that can be measured and reported with a ninety- nine percent (99%) confidence that the analyte concentration is greater than zero (0) as determined by procedure set forth in 40 CFR 136, Appendix B. The method detection level or MDL is equivalent to the LOD.

  • MBA Delinquency Method Under the MBA Delinquency Method, a loan due on the first of the month is considered 30 days delinquent when all or part of one or more payments remains unpaid as of close of business on the last Business Day of such month.

  • Annuity reserve means the present value, computed upon the basis of the mortality and other tables adopted by the board, of all payments to be made on account of any annuity, or benefit in lieu of any annuity, granted to a retirant as provided in this chapter.

  • Random selection basis means a mechanism for selection of employees that:

  • Unadjusted Benchmark Replacement means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.

  • Applicable Mortality Table means the 1983 Group Annuity Mortality Table; and

  • USP-NF means the current edition of the United States Pharmacopeia-National Formulary.

  • Established catalogue price means the price included in a catalogue, price list, schedule, or other form that:

  • Open type traction battery means a type of battery requiring filling with liquid and generating hydrogen gas that is released to the atmosphere.

  • Minimum Lifetime Mortgage Rate The minimum level to which a Mortgage Interest Rate can adjust in accordance with its terms, regardless of changes in the applicable Index.

  • Country Limitation Schedule means the schedule published from time to time by Ex-Im Bank setting forth on a country by country basis whether and under what conditions Ex-Im Bank will provide coverage for the financing of export transactions to countries listed therein.