BASIS FOR CALCULATING Sample Clauses

BASIS FOR CALCULATING. PAYMENT OBLIGATIONS of the Original Contract is modified by adding Subsection D as follows:
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BASIS FOR CALCULATING. PAYMENT OBLIGATIONS of the Original Contract is modified by adding the following provision:
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BASIS FOR CALCULATING. Reimbursement Costs
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BASIS FOR CALCULATING. REIMBURSABLE COSTS
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BASIS FOR CALCULATING. Refund In calculating the amount of refunds, if any, to be made under the provisions of paragraph 6 above, the Utility and Developer agree that the following shall be applicable: a) Residential Service In determining the “estimated annual revenue” to the Utility for each new residential customer connected to the Main Extension, the Utility shall be entitled to use its average annual revenue per residential customer realized by the Utility from comparable residential customers on its water utility system in the calendar year preceding such connection, adjusted for any changes in the applicable rates and charges for such service which have become effective in such prior calendar year or in the current year on or before the date of the connection. In determining the Utility's investment in connecting each such residential customer, the Utility shall be entitled to use the average of its costs for the same size service connections for all residential customers incurred for its Northwest water utility system during the preceding calendar year. Such investment in connecting shall include all costs in connecting service to new customers, including services, meters and meter vaults and installation thereof.
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Related to BASIS FOR CALCULATING

  • Basis for calculation of periodic payments All interest and commitment fee and any other payments under any Finance Document which are of an annual or periodic nature shall accrue from day to day and shall be calculated on the basis of the actual number of days elapsed and a 360 day year.

  • Calculation Any figure or percentage referred to in this Agreement shall be carried to seven decimal places.

  • Interest Calculation Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the period for which the calculation is being made by (b) a daily rate based on a three hundred sixty (360) day year by (c) the outstanding principal balance.

  • Interest Calculations Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

  • Basis for Layoff A. The reasons for layoffs include, but are not limited to, the following: 1. Lack of funds; 2. Lack of work; or 3. Organizational change. B. Examples of layoff actions due to lack of work include, but are not limited to: 1. Termination of a project or special employment; 2. Availability of fewer positions than there are employees entitled to such positions; 3. Employee’s ineligibility to continue in a position following its reallocation to a class with a higher salary maximum; or 4. Employee’s ineligibility to continue, or choice not to continue, in a position following its reallocation to a class with a lower salary range maximum.