Weighted average method Sample Clauses
The weighted average method clause defines how costs or values are calculated by averaging them based on their relative proportions or quantities. In practice, this means that when multiple items or transactions with different costs or values are combined, the total is averaged according to the weight of each component, such as the number of units or their respective values. This approach ensures a fair and consistent allocation of costs or values, preventing distortions that could arise from simple averaging, and is commonly used in inventory accounting or pricing adjustments.
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Weighted average method. Applicable Business Days: A day other than (a) a Saturday or a Sunday, (b) any day on which banking institutions located in the city of New York, New York are authorized or required by law to close, (c) a day on which the New York Stock Exchange is closed or (d) any day on which ▇▇▇▇▇▇▇ Mac is closed.
Weighted average method. The Employer may elect under Part 12, #45.b.(3)(a) of the Agreement [Part 12, #63.b.(3)(a) of the 401(k) Agreement] or under separate administrative procedures to apply a weighted average method in determining net income or loss. Under the weighted average method, a Participant’s Account Balance as of the prior Valuation Date is adjusted to take into account a portion of the contributions made during the valuation period so that the Participant may receive an allocation of net income or loss for the portion of the valuation period during which such contributions were invested under the Plan. The amount of the adjustment to a Participant’s Account Balance is determined by multiplying the contributions made to the Participant’s Account during the valuation period by a fraction, the numerator of which is the number of months during the valuation period that such contributions were invested under the Plan and the denominator is the total number of months in the valuation period. The Plan’s investment procedures may designate the specific type(s) of contributions eligible for a weighted allocation of net income or loss and may designate alternative methods for determining the weighted allocation, including the use of a uniform weighting period other than months.
Weighted average method. If the Employer in its Adoption Agreement elects to apply a weighted average allocation method, the Plan Administrator will allocate pursuant to the balance forward method, except it will treat a weighted portion of the applicable contributions as if includible in the Participant's Account as of the beginning of the Valuation Period. The weighted portion is a fraction, the numerator of which is the number of months in the Valuation Period, excluding each month in the Valuation Period which begins prior to the contribution date of the applicable contributions, and the denominator of which is the number of months in the Valuation Period. The Employer in its Adoption Agreement may elect to substitute a weighting period other than months for purposes of this weighted average allocation.
Weighted average method. Allocate using the weighted average method, based on the following weighting period: . See Plan Section 14.12.
Weighted average method. Allocate using the weighted average method, based on the following weighting period: . See Plan Section 14.12. [n/a] (4) Balance forward method with adjustment. Allocate pursuant to the balance forward method, except treat as part of the relevant Account at the beginning of the valuation period % of the contributions made during the following valuation period: . [n/a] (5) Individual account method. Allocate using the individual account method. See Plan Section 9.08. [X] (c) Employer nonelective contributions. (Choose one or more of (1) through (5) as applicable) [X]
Weighted average method. Allocate using the weighted average method, based on the following weighting period: . See Plan Section 14.12. 20 [n/a] (4) Balance forward method with adjustment. Allocate pursuant to the balance forward method, except treat as part of the relevant Account at the beginning of the valuation period % of the contributions made during the following valuation period: . [n/a] (5) Individual account method. Allocate using the individual account method. See Plan Section 9.08. [n/a] (d) Specified method. Allocate pursuant to the following method: . [Note: The specified method must be a definite predetermined formula which is not based on Compensation, which satisfies the nondiscrimination requirements of Treas. Reg. §1.401(a)(4) and which is applied uniformly to all Participants.] [X] (e) Interest rate factor. In accordance with Plan Section 9.08(E), the Plan includes interest at the following rate on distributions made more than 90 days after the most recent valuation date: 0. ARTICLE X TRUSTEE AND CUSTODIAN, POWERS AND DUTIES 29. INVESTMENT POWERS (10.03). The following additional investment options or limitations apply under Plan Section 10.03: N/A. [Note: Enter "N/A" if not applicable.] 30. VALUATION OF TRUST (10.15). In addition to the last day of the Plan Year, the Trustee must value the Trust Fund on the following valuation date(s): (Choose one of (a) through (d)) [X] (a) Daily valuation dates. Each business day of the Plan Year on which Plan assets for which there is an established market are valued and the Trustee is conducting business. [n/a] (b) Last day of a specified period. The last day of each of the Plan Year. [n/a] (c) Specified dates: . [n/a] (d) No additional valuation dates. The Trustee (and Custodian, if applicable), by executing this Adoption Agreement, accepts its position and agrees to all of the obligations, responsibilities and duties imposed upon the Trustee (or Custodian) under the Prototype Plan and Trust. The Employer hereby agrees to the provisions of this Plan and Trust, and in witness of its agreement, the Employer by its duly authorized officers, has executed this Adoption Agreement, and the Trustee (and Custodian, if applicable) has signified its acceptance, on: . Name of Employer: Petco Animal Supplies, Inc. Employer's EIN: ▇▇-▇▇▇▇▇▇▇ Signed: [Name/Title] Name(s) of Trustee: ABN AMRO Trust Services Company Trust EIN (Optional): Signed: [Name/Title] Signed: [Name/Title] Signed: [Name/Title] Signed: [Name/Title] Signed: [Name/Titl...
Weighted average method. (See Section 1 3.4(a)(2)(i) of the BPD.)