ACP limit definition

ACP limit means the maximum allowable ACP emissions during the compliance period specified in an ACP agreement approving an ACP, expressed to the nearest pound of VOC and calculated according to the following equation:
ACP limit means for each Plan Year the same as the ADP Limit, except such limit shall be applied subject to the regulations under Code sections 401(k) and 401(m) regarding the multiple use of the alternative limitations and the term ACP shall be substituted for ADP in such definition.
ACP limit means the maximum allowable ACP emissions during the compliance period specified in an ACP, expressed to the nearest pound of VOC and calculated according to the following equation: where, where, Enforceable Sales = see "Enforceable sales" in 2.2 of this regulation ACP Standard = see "ACP standard" in 2.2 of this regulation1,2,...N = each product in an ACP up to the maximum N.

Examples of ACP limit 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.


More Definitions of ACP limit

ACP limit means the maximum allowable ACP emissions during the
ACP limit means the Average Actual Contribution Percentage limitation under Section 23.4 of the Regulations.
ACP limit means the maximum allowable ACP emissions during the compliance period specified in an ACP agreement, expressed to the nearest pound of VOC and calculated according to the following equation: ACP limit = (Limit)1 + (Limit)2 + + (Limit)N where, (ACP Standard) x (Enforceable Sales) Limit = 100 1,2, N = each product in an ACP up to the maximum N.
ACP limit means the maximum allowable ACP emissions during the compliance period specified in an ACP agreement approving an ACP, expressed to the nearest pound of VOC and calculated according to the following equation: ACP Limit = (Limit)1 + (Limit)2 +...+ (Limit)N where, where, 1,2,...N = each product in an ACP up to the maximum N.
ACP limit means the maximum allowable ACP emissions during the compliance period specified in an ACP, expressed to the nearest pound of VOC and calculated according to the following equation:3. The provisions of Section 2 shall not apply to aA C P L im it = ( L im it )+ ( L im it )+ ... + ( L im it )retailer who sells, supplies or offers for sale in the State of Delaware, a particular consumer product that does not comply with the VOC standards specified in (c)(1), provided that retailer demonstrates to the satisfaction of theLim it = ( A P Cwhere,1 2 NSta ndard ) x ( E n fo rceable Sales)100 Department that the manufacturer or distributor of that product mislead that retailer into believing that the product did comply with the VOC standards specified in (c)(1).
ACP limit. Means the maximum allowable ACP Emissions during the compliance period specified in an ACP Agreement approving an ACP, expressed to the nearest pound of VOC and calculated according to the following equation: where, Enforceable Sales = the total amount of an ACP product sold for use in OTC STATE, during the applicable compliance period specified in the ACP Agreement approving an ACP, as determined through enforceable sales records (expressed to the nearest pound, excluding container and packaging). ACP Standard = either the ACP product's Pre-ACP VOC Content, or the applicable VOC standard specified in section 3 (a), whichever is the lesser of the two. Pre-ACP VOCContent = the lowest VOC content which the ACP product had between January 1, 1990 and the date on which the application for a proposed ACP is submitted to the OTC STATE, based on either the data on the product obtained from the March 12, 1991 CARB Consumer Products Survey, or other accurate records available to the OTC STATE, whichever yields the lowest VOC content for the product. 1,2,...N = each product in an ACP up to the maximum N.
ACP limit. The Average Contribution Percentage limitation under paragraph 2(a) of this Article.