Daily Average Sample Clauses

The 'Daily Average' clause defines how an average value is calculated over a set period, typically on a per-day basis. In practice, this clause might specify that certain quantities, such as usage, production, or costs, are to be averaged across each day within a defined timeframe, ensuring that fluctuations are smoothed out and a representative figure is used for contractual purposes. Its core function is to provide a fair and consistent method for measuring or billing variable amounts, thereby reducing disputes and ensuring clarity in performance or payment obligations.
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Daily Average. The Affected Unit(s) Daily Average shall then be multiplied by the number of days covered in the Excuse event to arrive at the excused tons. The excused tons shall reduce on a pro-rata basis the quantities contained in the two pricing tiers specified in Section 5.02 based upon and subject to the Annual Maximum.
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Daily Average. Water Level (or DAWL) means the arithmetic average of readings of water levels recorded in a day at the Cross Lake Gauge, adjusted to eliminate the effects of wind by using a 5 day moving mean, or a valid representative substitute for such readings, if such readings are unavailable or demonstrably in error, and described in Article 3;
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Daily Average. The maximum allowable concentration in the discharge as measured in a representative sample during a sampling day.
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Daily Average. The Affected Unit(s) Daily Average shall then be multiplied by the number of days covered in the Excuse event to arrive at the excused tons. The excused tons shall reduce on a pro-rata basis the quantities contained in the two pricing tiers specified in Section 5.02 based upon and subject to the Annual Maximum. Exhibit I sets forth examples of how the Parties intend for the foregoing calculations to be applied, including the actual calculation by the Parties resulting from the Buyer’s notice, dated October 9, 2014, of an Excuse event beginning September 28, 2014.”
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Related to Daily Average

  • Daily 1. Name and address changes 2. Name and address additions and deletions 3. Transaction Register a. Purchases b. Redemptions c. Transfer and adjustments 4. Cash reconciliation - Cash received for day 5. Check reconciliation - checks issued for day 6. Transaction reconciliation a. Amount received b. Total shares purchased c. Number of purchase transactions d. Dollar amount redeemed e. Shares redeemed f. Number of accounts redeeming g. Checks issued for redemptions

  • Settlement Averaging Period For any Option and regardless of the Settlement Method applicable to such Option:

  • Holiday During Vacation If a holiday, named under Article 7 of this Agreement, falls within the vacation period of an employee, he shall be granted an additional day's pay in lieu of the holiday.

  • Cost of Capital Rate The Cost of Capital Rate shall equal the proposed Weighted Costs of Capital plus Federal Income Taxes and State Income Taxes. (a) The Weighted Costs of Capital will be calculated for the Transmission Investment Base using Connecting Transmission Owner’s actual capital structure and will equal the sum of (i), (ii), and (iii) below: (i) the long-term debt component, which equals the product of the actual weighted average embedded cost to maturity of Connecting Transmission Owner’s long-term debt then outstanding and the actual long-term debt capitalization ratio. (ii) the preferred stock component, which equals the product of the actual weighted average embedded cost to maturity of Connecting Transmission Owner’s preferred stock then outstanding and the actual preferred stock capitalization ratio; (iii) the return on equity component, shall be the product of the allowed ▇▇▇ of 10.30% or such value as most recently approved by the Commission plus a 50 basis point adder (per FERC Order 697 and 697-A, if authorized by the Commission for the Connecting Transmission Owner) and Connecting Transmission Owner’s actual common equity capitalization ratio. (b) Federal Income Tax shall equal where A is the sum of the preferred stock component and the return on equity component, each as determined in Sections 2.(a)(ii) and for the ▇▇▇ set forth in 2.(a)(iii) above (c) State Income Tax shall equal Where A is the sum of the preferred stock component and the return on equity component as determined in A.2.(a)(ii) and A.2.(a)(iii) above and Federal income Tax is determined in 2.(b) above.

  • Supported wage rates Employees to whom this clause applies shall be paid the applicable percentage of the minimum rate of pay prescribed by this Agreement for the class of work which the person is performing according to the following schedule: * (Provided that the minimum amount payable shall be not less than $45 per week). Where a person’s assessed capacity is 10%, they shall receive a high degree of assistance and support.