Define: Monthly Average

How is Monthly Average defined in a legal contract?

• Monthly Average means the maximum permissible average of daily discharge measurements for a given calendar month, established by summing all daily discharges during the month and then dividing by the total number of daily discharges recorded for that month. The monthly average is applicable for measurements such as Fecal Coliform Bacteria or E-Coli. Seen in 496 SEC filings
• Monthly Average means the sum total mass or concentration of all daily discharges during a calendar month, divided by the number of daily discharges sampled or measured during that same month. Seen in 128 SEC filings
• Monthly Average means the arithmetic mean of all ""daily discharges"" calculated over a calendar month, obtained by adding all ""daily discharges"" measured during that month and then dividing by the number of ""daily discharges"" measurements recorded for that month. Seen in 45 SEC filings
• Monthly Average means the sum of the concentrations or mass loadings of a pollutant, divided by the number of samples taken during a calendar month. The sum of concentrations or loadings is based on single number measurements for all days during the month for which analyses are obtained. Seen in 16 SEC filings
• Monthly Average means the average of ""daily discharges"" over a calendar month, calculated as the sum of all ""daily discharges"" measured during that month divided by the number of ""daily discharges"" measured during that month. Seen in 16 SEC filings
• Monthly Average means the arithmetic mean of all measurements taken during a given month. Seen in 13 SEC filings

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of monthly average' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

Monthly Average means the sum of all daily measurements within a given month, divided by the number of measurements taken.

Relevant Contract Types

• Service Level Agreement
• Supply and Distribution Agreement

Relevant Circumstances

• Tracking service or product delivery metrics
• Billing for utility usage

Relevant Sectors

• Utilities
• Manufacturing
• Telecommunications

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Genie Definition 2

Monthly Average means the permitted highest average of all daily measurements for a specific parameter, calculated over a calendar month.

Relevant Contract Types

• Environmental Compliance Agreement
• Quality Assurance Agreement

Relevant Circumstances

• Monitoring environmental impact metrics
• Ensuring quality control in product manufacturing

Relevant Sectors

• Environmental Services
• Manufacturing
• Healthcare

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