Calculation of RR Clause Samples

The 'Calculation of RR' clause defines the method for determining the value of RR, which may refer to a specific rate, ratio, or return relevant to the agreement. This clause typically outlines the formula, variables, and data sources to be used in the calculation, ensuring that all parties have a clear and consistent approach to determining RR. By specifying these details, the clause helps prevent disputes over how RR is derived and ensures transparency and fairness in its application.
Calculation of RR. The RR component shall equal the (a) Historical Transmission Revenue Requirement, plus (b) the Forecasted Transmission Revenue Requirement which shall exclude the impact of any Transmission Support Payments, plus (c) the Annual True-Up, determined in accordance with the Formula Rate.
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Calculation of RR. Rate of Recovery or RR is calculated in accordance with the following formula: RR = (A – B)/A x 100% where: (a) A is the number of tonnes of Recyclables accepted by the Contractor at the Facility during the period; and (b) B is the number of tonnes on Residual Material recovered from the Recyclable Material delivered to the Facility during the same period.
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Related to Calculation of RR

  • Calculation of Fees Ameriprise will have sole responsibility, and Ameriprise’s records will provide the sole basis, for calculating fees for which Ameriprise invoices under this Agreement. However, the Issuer Entities may provide records to assist Ameriprise in its calculations.

  • Calculation of Overtime If the overtime work has been carried out before as well as after the regular working hours during a certain day, the overtime periods shall be added together. Only full half hours are included in the calculation.

  • Determination of Applicable Interest Rate As soon as practicable on each Interest Rate Determination Date, Bank shall determine (which determination shall, absent manifest error in calculation, be final, conclusive and binding upon all parties) the interest rate that shall apply to the LIBOR Advances for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Borrower.

  • Calculation of Amounts Binding Effect of Interpretations and Actions of Master Servicer...............................

  • Calculation of Rent All calculation of Rent payable hereunder shall be computed based on the actual number of days elapsed over a year of three hundred sixty (360) days or, to the extent such Rent is based on the Prime Lending Rate, three hundred sixty-five (365) (or three hundred sixty-six (366), as applicable) days.