Surplus reduction definition

Surplus reduction means the ACP Limit minus the ACP Emissions when the ACP Limit was greater than the ACP Emissions during a given compliance period, expressed to the nearest pound of VOC. Except as provided in section 11 (g)(3), “Surplus Reduction” does not include emissions occurring prior to the date that the ACP Agreement approving an ACP is signed by the (OTC STATE).
Surplus reduction means the ACP Limit minus the ACP Emissions when the ACP Limit was greater than the ACP Emissions during a given compliance period, expressed to the nearest pound of VOC. Except as provided in section 94547(c), “Surplus Reduction” does not include
Surplus reduction means the ACP limit minus the ACP emissions when the ACP limit was greater than the ACP emissions during a given compliance period, expressed to the nearest pound of VOC. Except as provided in 9VAC5-45-320 F 3,

Examples of Surplus reduction in a sentence

  • Surplus reduction – the ACP limit minus the ACP emissions when the ACP limit was greater than the ACP emissions during a given compliance period, expressed to the nearest pound of VOC.

  • Surplus reduction certificates do not constitute instruments, securities, or other form of property.


More Definitions of Surplus reduction

Surplus reduction means the ACP limit minus the ACP emissions when the
Surplus reduction means the ACP limit minus the ACP emissions when the ACP limit was greater than the ACP emissions during a given compliance period, expressed to the nearest pound of VOC. Except as provided in Section 100.10.7 (relating to limited-use surplus reduction credits for early reformulations of ACP products), the term does not include emissions occurring prior to the date that the ACP agreement is signed by the Department.