Examples of Zone 3 in a sentence
The areas of highest risk are classified as Flood Zone 3, with a 1 in 100 or greater annual probability of flooding, and the areas of lowest risk are classified as Flood Zone 1, with a less than 1 in 1000 annual probability of flooding.
Zone 3: West Coast All land and waters, and all waters off the coast of Western Australia south of 27° 00′ south latitude but excluding the land and waters of Zone 4.
For each Mortgaged Property located in a Zone 3 or Zone 4 seismic zone, either: (i) a seismic report which indicated a PML of less than 20% was prepared, based on a 450- or 475-year lookback with a 10% probability of exceedance in a 50-year period, in connection with the origination of the Mortgage Loan secured by such Mortgaged Property or (ii) the improvements for the Mortgaged Property are insured against earthquake damage.
In relation to Segments identified as forming part of Pricing Zone 3 in Schedule E, the Access revenue from any Access Holder, or group of Access Holders must not exceed the Ceiling Limit where the RAB for those Segments is equal to, or falls below, the RAB Floor Limit for those Segments at the end of the calendar year (t -1).
ARTC’s forecast RAB value of the aggregate of Segments in Pricing Zone 3 as at both the start and the end of the next calendar year to those Access Holders holding Coal Access Rights in Pricing Zone 3.