Basis of Calculation definition

Basis of Calculation. Payable annually based on calendar year results. Not earned or paid unless results since inception (net of all fees) exceed benchmark return. Inception Date: January 1, 2002
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Basis of Calculation means the basis used by Qubit to calculate the Subscription Fees as more particularly described in the Sales Order Form.
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Basis of Calculation. Actuarial analysis using the past ten (10) years of HP claims history, supplemented by insurance industry data. Accrued amounts represent projected ultimate claims cost, with an approximate eighty percent (80%) confidence level. The worker's compensation accrual amount has been discounted to NPV at sixty-five percent (65%) in accordance with tax and accounting rules. Self-Insured Liabilities to be Allocated: ---------------------------------------------------------------------------------------------------------------- Liability Estimated as of October 31, 1999 Proposed HP Proposed Agilent ---------------------------------------------------------------------------------------------------------------- Workers' Compensation $50M $28M $22M Liability ---------------------------------------------------------------------------------------------------------------- Historical Basis of Allocation Distribution:
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Examples of Basis of Calculation in a sentence

  • The Overage Charge will be proportional to the amount by which the Actual Pageview Data and/or Actual Transaction Data (as applicable) exceeds the Basis of Calculation (as applicable).

  • The obligations and rights set out in Articles 11.10 (Basis of Calculation of Payment), 16 (Method of Payment), 21 (Notice), and 22 (Amendment) will survive the expiry or termination of this Agreement.

  • The obligations and rights set out in Articles 11.10 (Basis of Calculation of Payment), 15(Method of Payment), 20 (Notice), 23 (Default) and 24 (Amendment) will survive the expiry or termination of this Agreement.

  • The obligations and rights set out in Articles 11.8 (Basis of Calculation of Payment), 17 (Method of Payment), 24 (Notice), and 25 (Amendment) will survive the expiry or termination of this Agreement.

  • Basis of Calculation The values of this Policy equal or exceed those required by law in the state where this Policy is delivered.

  • Payment Option Tables Initial Monthly Income per $1,000 of Annuity Proceeds Guaranteed Basis of Calculation for Payment Options Option 1, 3 and 4: 3.0% interest compounded annually.

  • The Overage Charge will be proportional to the amount by which the Actual Advertising Spend or Unique Visitors Data exceeds the Basis of Calculation (as applicable).

  • Basis of Calculation Antarctic Duty Allowances will be paid fortnightly, with salary, from the Day of Embarkation until the Day of Disembarkation, using the formula: The daily rate of the allowance is 1/14th of the fortnightly rate.

  • As set out in Article 26 (Survival), planning for the transition to a non-RCMP police force will ensure the obligations and rights set out in Article 11 (Basis of Calculation of Payment); Article 12 (Accommodations Program); Article 15 (Transfer of Ownership of Equipment); Article 17 (Method of Payment); Article 24 (Notice); and Article 25 (Amendment) are fulfilled.

  • Basis of Calculation The minimum annuity payments are based on the 1983 Individual Annuity Valuation Tables, weighted 40% male and 60% female, with interest at 3% per year.


More Definitions of Basis of Calculation

Basis of Calculation means the basis used by Comfolks to calculate the Subscription Fees as more particularly described in the Order Form.
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Related to Basis of Calculation

  • Accounting Methodology means GAAP, and to the extent consistent with GAAP, the accounting principles, methods and practices utilized in preparing the Financial Statements, applied on a consistent basis.

  • Fixed GAAP Terms (a) the definitions of the terms “Capitalized Lease Obligation,” “Consolidated Depreciation and Amortization Expense,” “Consolidated Interest Expense,” “Consolidated Net Income,” “Consolidated Tangible Assets,” “Consolidated Working Capital,” “EBITDA,” “ECF CNI,” “Excess Cash Flow,” “Fixed Charge Coverage Ratio,” “Fixed Charges,” “Funded Debt,” “Indebtedness,” “Investments,” “Net Income,” “Senior Secured Indebtedness” and “Senior Secured Indebtedness to EBITDA Ratio,” (b) all defined terms in this Agreement to the extent used in or relating to any of the foregoing definitions, and all ratios and computations based on any of the foregoing definitions, and (c) any other term or provision of this Agreement or the other Loan Documents that, at the Borrower’s election, may be specified by the Borrower by written notice to the Administrative Agent from time to time.

  • Fixed GAAP Date means the Issue Date; provided that at any time after the Issue Date, the Company may by written notice to the Trustee elect to change the Fixed GAAP Date to be the date specified in such notice, and upon such notice, the Fixed GAAP Date shall be such date for all periods beginning on and after the date specified in such notice.

  • Methodology means a document describing how a designated benchmark administrator determines a designated benchmark;

  • Consistent Basis in reference to the application of GAAP means the accounting principles observed in the period referred to are comparable in all material respects to those applied in the preparation of the audited financial statements of the Borrower referred to in Section 6.6(a).