Standard 700 definition

Standard 700 means, as of any date of determination, Standard 700 of the Air-Conditioning, Heating and Refrigeration Institute, as in effect on the Existing Credit Agreement Date.
Standard 700 means Standard 700 of the Air-Conditioning, Heating and Refrigeration Institute in effect as of the calculation date.

Examples of Standard 700 in a sentence

  • Minimum Performance Standard Minimum Performance Standard: $700 per week* regularly by 3 months with it increasing to Minimum Performance Standard: $900 per week* regularly by 6 months minimum or agreed at $ per week Gross Income plus GST, ATTENTION FRANCHISEES – Be sure that the Minimum you set here is equal to what you are required to do under your Minimum Annual Payment.