CALCULATION OF THE R FACTOR Clause Samples

CALCULATION OF THE R FACTOR. Production distribution based on the R factor will be applied as of the first day of the third calendar month following that when the accrued production in the Contract Area reached 60 million barreis of liquid Hydrocarbons or 420 giga cubic feet of gaseous Hydrocarbons at standard conditions, in keeping with 14.2.1 The R Factor for calculation each Commercial Field will be based on the accounting closing for the calendar month when accrued production reached 60 million barrels of liquid Hydrocarbons or 420 giga cubic feet of gaseous Hydrocarbons at standard conditions, in keeping with14.2.1 The resulting distribution will be applied until 30th June of the following year. Thereafter, R factor production distribution will be made for one-year periods (lst July to 30th June) for liquidation thereof based on accrued value at 31st December of the previous year as shown in the respective accounting closing.
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Related to CALCULATION OF THE R FACTOR

  • 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.

  • NET INVESTMENT FACTOR The Net Investment Factor for any Subaccount as of the end of any Valuation Period is determined by dividing (1) by (2) and subtracting (3) from the result, where:

  • 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.

  • Calculation Dates The interest rate applicable to each Interest Reset Period will be determined by the Calculation Agent on or prior to the Calculation Date (as defined below), except with respect to LIBOR, which will be determined on the particular Interest Determination Date. Upon request of the Holder of a Floating Rate Note, the Calculation Agent will disclose the interest rate then in effect and, if determined, the interest rate that will become effective as a result of a determination made for the next succeeding Interest Reset Date with respect to such Floating Rate Note. The “Calculation Date”, if applicable, pertaining to any Interest Determination Date will be the earlier of: (1) the tenth calendar day after the particular Interest Determination Date or, if such day is not a Business Day, the next succeeding Business Day; or (2) the Business Day immediately preceding the applicable Interest Payment Date or the Maturity Date, as the case may be.