Applicable Factor Sample Clauses

Applicable Factor. The Applicable Factor is determined from the appropriate table below based on the Normal Retirement Age under the Plan, as specified above (without regard to any years of Participation requirement.) If the Plan's Standard Form of Retirement Income, as specified below is other than a life annuity, the factor determined from the appropriate table below must be multiplied by the following adjustment factor: life annuity, 10 years guaranteed -- .90; life annuity and 50% survivor benefit -- .80; life annuity and 100% survivor benefit -- .666. If the Integration Level under the Plan is either option 4 or 5 in Section XI, C. below, the appropriate table is Table II. Otherwise, the appropriate table shall be Table I. TABLE I Plan's Normal Retirement Age Participant's Social Security Retirement Age 65 .75 .70 .65 64 .70 .65 .60 63 .65 .60 .55 62 .60 .55 .50 61 .55 .50 .475 60 .50 .475 .45 59 .475 .45 .425 58 .45 .425 .40 57 .425 .40 .375 56 .40 .375 .344 55 .375 .344 .316 TABLE II Plan's Normal Retirement Age Participant's Social Security Retirement Age 65 .60 .56 .52 64 .56 .52 .48 63 .52 .48 .44 62 .48 .44 .40 61 .44 .40 .38 60 .40 .38 .36 59 .38 .36 .34 58 .36 .34 .32 57 .34 .32 .30 56 .32 .30 .2752 55 .30 .2752 .2528 If a Participant begins receiving benefits before Normal Retirement Age or, in the case of a fixed benefit plan (whether excess or offset), before the Participant has completed 35 years of Participation, the Participant's benefit will be determined in accordance with Section 5.7 of the Plan.
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Applicable Factor. For purposes of this Agreement, "Applicable Factor" shall equal:
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Related to Applicable Factor

  • Interest Factor With respect to this Floating Rate Note, accrued interest is calculated by multiplying the principal amount of such Note by an accrued interest factor. The accrued interest factor is computed by adding the interest factor calculated for each day in the particular Interest Reset Period. The interest factor for each day will be computed by dividing the interest rate applicable to such day by 360, in the case of a Floating Rate Note as to which the CD Rate, the Commercial Paper Rate, the Federal Funds Open Rate, the Federal Funds Rate, LIBOR or the Prime Rate is an applicable Interest Rate Basis, or by the actual number of days in the year, in the case of a Floating Rate Note as to which the CMT Rate or the Treasury Rate is an applicable Interest Rate Basis. In the case of a series of Notes that bear interest at floating rates as to which the Constant Maturity Swap Rate is the Interest Rate Basis, the interest factor for each day will be computed by dividing the number of days in the interest period by 360 (the number of days to be calculated on the base is of a year of 360 days with twelve 30-day months (unless (i) the last day of the interest period is the 31st day of a month but the first day of the interest period is a day other than the 30th or 31st day of a month, in which case the month that includes that last day shall not be considered to be shortened to a 30-day month, or (ii) the last day of the interest period is the last day of the month of February, in which case the month of February shall not be considered to be lengthened to a 30-day month)). The interest factor for a Floating Rate Note as to which the interest rate is calculated with reference to two or more Interest Rate Bases will be calculated in each period in the same manner as if only the applicable Interest Rate Basis specified above applied.

  • Applicable Fees 48.1. CONTRACTOR shall not charge any clients or third-party payers any fee for service unless directed to do so by the Director at the time the client is referred for services. When directed to charge for services, CONTRACTOR shall use the uniform billing and collection guidelines prescribed by DHCS.

  • Non pre-priced Adjustment Factor To be applied to Work determined not to be included in the CTC but within the general scope of the work: 1.1500.

  • Adjustment Factor The Bidder’s competitively bid price adjustment to the unit prices published in the Construction Task Catalog®.

  • ADJUSTMENT FACTORS The Contractor will perform any or all Tasks in the Construction Task Catalog for the Unit Price appearing therein multiplied by the following Adjustment Factors. See the General Terms and Conditions for additional information.