Method 1 Clause Samples

The "Method 1" clause establishes a specific procedure or approach to be followed for a particular process or calculation within an agreement. Typically, this clause outlines the steps, criteria, or formula to be used, ensuring that all parties apply the same method when addressing the relevant issue—such as determining a payment amount, calculating damages, or performing a technical task. By clearly defining the method to be used, this clause eliminates ambiguity and helps prevent disputes by ensuring consistency and predictability in how the contract is executed.
Method 1. Financial offer (a) Rank tender offers from the most favourable to the least favourable comparative offer. (b) Recommend the highest ranked tenderer for the award of the contract, unless there are compelling and justifiable reasons not to do so. (c) Re-rank all tenderers should there be compelling and justifiable reasons not to recommend the highest ranked tenderer and recommend the highest ranked tenderer, unless there are compelling and justifiable reasons not to do so and the process set out in this sub clause is repeated.
Method 1. The amount determined by multiplying the income or loss allocable to the Participant’s Elective Deferrals (and QNECs or QMACs, or both, if such contributions are used in the ADP Test) for the Plan Year and the gap period, by a fraction, the numerator of which is the Participant’s Excess Contributions for the Plan Year and the denominator of which is the Participant’s Elective Deferral Account balance (and QNECs or QMACs, or both, if such contributions are used in the ADP Test) as of the beginning of the Plan Year plus any Elective Deferrals (and QNECs or QMACs, or both, if such contributions are used in the ADP Test) allocated to the Participant during the Plan Year and gap period.
Method 1. The amount determined by multiplying the income or loss allocable to the Participant’s Voluntary Employee Contributions, Mandatory Employee Contributions, Matching Contributions (if not used in the ADP Test), QNECs (if not used in the ADP Test) and, to the extent applicable, Elective Deferrals for the Plan Year and the gap period, by a fraction, the numerator of which is such Participant’s Excess Aggregate Contributions for the Plan Year and the denominator of which is the Participant’s Account balance(s) attributable to Contribution Percentage Amounts as of the beginning of the Plan Year, plus any additional amounts attributable to Contribution Percentage Amounts allocated to the Participant during such Plan Year and the gap period.
Method 1. Financial offer
Method 1. 1. Select the Shared Coordinates Host Model in your model. 2. In the Properties palette, under “Other” click the button next to “Shared Site” that reads “<Not Shared>” May 29, 2014 A new dialog box will open. Select the SECOND option to “Acquire Shared Coordinates…” Do not change anything where it gives you the option.
Method 1. Additional GLOBALEYES may elect to have a major change treated by GTE as an additional application. An additional application is subject to the same provisioning process and conditions as an original application. On receipt of an additional application and non-refundable engineering fee, GTE will notify the GLOBALEYES in writing within fifteen (15) days following receipt of the completed additional application if the additional requirements cannot be accommodated as specified. Filing an additional application does not change GTE’s obligation to process and fulfill the original application nor does it change the time intervals applicable to the processing and fulfillment of the original application. All of the provisions herein applicable to an original application similarly apply to an additional application.
Method 1. In the case of a financial offer: a) Rank tender offers from the most favourable to the least favourable comparative offer. b) Recommend the highest ranked tenderer for the award of the contract, unless there are compelling and justifiable reasons not to do so.
Method 1. During the hydrographic survey the Contract Surveyor may install an automatic recording tide gauge with water level sensor placed in a location approved by the Port. The tide gauge shall provide a continuous recording of tidal change for every 15-minute interval or each 0.1-foot change, whichever occurs first. Tidal changes shall be recorded in Port of San Francisco Datum, with these changes synchronized in time with cross-section survey time. A printed record of the tidal changes and time correlation shall become part of the Contract Surveyor’s survey records. Should the Port decide to exercise this option, payment for such an installation shall be made on a time and expense basis.
Method 1. Adjusted valuation in 2019 = Actual net profit of 2019/Committed net profit of 2019 * post-money valuation diluted by the transfer of shares Amount of compensation = the proportion of the Company's equity held by the Buyer at that time * (post-money valuation diluted by the transfer of shares - adjusted valuation in 2019) The Buyer has the right to require the Core Selling Shareholders to compensate in cash or by the Buyer's shares held by the Core shareholders equal to the amount of compensation. To avoid doubt, the above-mentioned "post-money valuation diluted by the transfer of shares" refers to the total transfer price and subsequent acquisition price, i.e.: RMB 394,800,000. To avoid doubt, if the Company's actual net profit in 2019 reaches 95% of the committed net profit of 2019, the adjusted valuation in 2019 = the post-money valuation diluted by the transfer of shares. Amount of compensation = (Committed net profit of 2019*95%) - Actual net profit in 2019 The Buyer has the right to require the Core Selling Shareholders to compensate in cash. To avoid doubt, if the Company's actual net profit in 2019 reaches 95% of the committed net profit of 2019, the Core Selling Shareholders need not compensate the Buyer.

Related to Method 1

  • Method of Billing Consultant may submit invoices to the City for approval on a progress basis, but no more often than two times a month. Said invoice shall be based on the total of all Consultant’s services which have been completed to City’s sole satisfaction. City shall pay Consultant’s invoice within forty-five (45) days from the date City receives said invoice. Each invoice shall describe in detail, the services performed, the date of performance, and the associated time for completion. Any additional services approved and performed pursuant to this Agreement shall be designated as “Additional Services” and shall identify the number of the authorized change order, where applicable, on all invoices.

  • Method and Content The State shall notify Grantee of such termination in accordance with §16. The notice shall specify the effective date of the termination and whether it affects all or a portion of this Grant.

  • Method of Calculation All calculations under this Section 4 shall be made to the nearest one hundredth of a share.

  • Method and Time of Exercise This Option shall be exercisable by any method permitted by the Plan and this Agreement that is made available from time to time by the external third party administrator of the Options. An exercise may be made with respect to whole Shares only, and not for a fraction of a Share. Shares shall not be issued under the Plan unless the issuance and delivery of such Shares comply with (or are exempt from) all applicable requirements of law, including (without limitation) the Securities Act, the rules and regulations promulgated thereunder, state securities laws and regulations, and the regulations of any stock exchange or other securities market on which the Company’s securities may then be traded. The Committee may require the Optionee to take any reasonable action in order to comply with any such rules or regulations. Assuming such compliance, for income tax purposes the Shares shall be considered transferred to the Optionee on the date the Option is exercised with respect to such Shares.

  • Method of Measurement All linear and area measurements under this Agreement are measured on the horizontal plane, unless specified otherwise in an attached Schedule.