Basic Calculation Sample Clauses

Basic Calculation. Upon the occurrence of a Change in Control, the ----------------- Executive, if then employed by the Company or if Terminated by the Company without Cause in Anticipation of the Change of Control in question, shall receive in cash the amount computed under the following table: TOTAL SHAREHOLDER PORTION OF TOTAL SHAREHOLDER CONSIDERATION PAID IN CONSIDERATION PAID RESPECT OF THE CHANGE TO BE PAID TO EXECUTIVE IN CONTROL -------------------------- ----------------- If not in excess of 0.05% $60,000,000 If in excess of $60,000,000 $30,000, plus 0.08% of the but not in excess of excess over $60,000,000 $120,000,000 If in excess of $120,000,000 $78,000, plus 0.1% of the but not in excess of excess over $120,000,000 $180,000,000 If in excess of $180,000,000 $138,000, plus 0.15% of the but not in excess of excess over $180,000,000 $240,000,000 If in excess of $240,000,000 $228,000, plus 0.2% of the excess over $240,000,000
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Basic Calculation. Upon the occurrence of a Change in Control, ----------------- the Executive, if then employed by the Company or Xxxxxxxx-Xxxxx Lumber Company ("New Employer") or if Terminated by the Company or by New Employer without Cause in Anticipation of the Change of Control in question, shall receive in cash the amount computed under the following table:
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Basic Calculation. The Variable Rent payable for a calendar month under this Section 3.4 will be an amount equal to 1 percent (1%) of the Spark Spread for that calendar month.
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Basic Calculation. The NH Electric Utilities are allowed to earn a portion of their energy efficiency budget as an incentive “to motivate companies to achieve and exceed program goals.” NHPUC Order No. 24,203, at 13 (September 5, 2003). The formula used to calculate this incentive was initially proposed by the Energy Efficiency Working Group in its final report and the Commission adopted the formula in its order regarding Electric Utility Restructuring – Energy Efficiency Programs, 85 NHPUC 684, 694 (2000) and approved the formula in Order No. 23,982 (May 31, 2002) regarding the CORE Energy Efficiency Programs. Most recently, the Commission found that “the present incentive mechanism provides a just and reasonable balance between the interest of shareholders and the interest of customers.” Order No. 24,203, at 13 (September 5, 2003) Three factors influence the incentive: (1) the size of the budget, (2) the ratio of the actual Benefit-to-Cost Ratio achieved to the predicted Benefit-to-Cost Ratio, and (3) the ratio of the kWh savings achieved to the predicted kWh savings. The basic formula is: INCENTIVE = [4% x BUDGET] x [(BCACT/BCPRE) + (kWhACT/kWhPRE)] Where: INCENTIVE - Shareholder incentive in dollars BUDGET – Total dollars budgeted less the shareholder incentive (Use ACTUAL Dollars Spent for final calculation) BCACT - Actual Benefit-to-Cost ratio achieved BCPRE - Predicted Benefit-to-Cost ratio kWhACT - Actual Lifetime Kilowatt-hour savings achieved kWhPRE - Predicted Lifetime Kilowatt-hour savings Residential and Commercial/Industrial Incentive Components The shareholder incentive is made up of a residential component and a commercial/industrial component. The residential component is determined by summing the budgets and kWh savings and calculating a combined program benefit-to-cost ratio for residential programs. These values are then used in the formula above to determine an overall residential incentive. Programs included in the residential calculation are as follows: NH Home Performance with Energy Star, Low Income Energy Efficiency (Home Energy Assistance), ENERGY STAR Homes, ENERGY STAR Lighting, ENERGY STAR Appliances and any utility specific programs. The commercial/industrial component is determined in an analogous manner. Programs included in the commercial/industrial calculation are as follows: New Equipment & Construction, Large C&I Retrofit, Small Business Energy Solutions, Education, and any utility specific programs.
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Basic Calculation. The price to be paid by Buyer for each Barrel of the Delivery Amounts delivered to Buyer during a given Delivery Month shall be the Market Price during the Delivery Month (each month being, a "Delivery Amount Price").
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Related to Basic Calculation

  • Payment Calculation District shall pay Contractor at a rate of $ per . OR District shall pay Contractor as described in attached Exhibit A

  • Interest Calculation Except as otherwise stated in this Agreement, all interest and fees, if any, will be computed on the basis of a 360-day year and the actual number of days elapsed. This results in more interest or a higher fee than if a 365-day year is used. Installments of principal which are not paid when due under this Agreement shall continue to bear interest until paid.

  • Overtime Calculation For the purpose of overtime calculation only, approved or scheduled time off work will be considered the same as time worked.

  • Subsequent Recalculation In the event the Internal Revenue Service adjusts the computation of the Company under Section 5.2 herein so that the Executive did not receive the greatest net benefit, the Company shall reimburse the Executive for the full amount necessary to make the Executive whole, plus a market rate of interest, as determined by the Committee, within 30 days after such adjustment.

  • INTEREST CALCULATION COSTS 10.1 As set forth in 31 CFR 205.27, interest calculation costs are defined as those costs necessary for the actual calculation of interest, including the cost of developing and maintaining clearance patterns in support of the interest calculations. Interest calculation costs do not include expenses for normal disbursing services, such as processing of checks or maintaining records for accounting and reconciliation of cash balances, or expenses for upgrading or modernizing accounting systems. Interest calculation costs in excess of $50,000 in any year are not eligible for reimbursement, unless the State provides justification with the annual report.

  • Calculation Each of the foregoing ratios and financial requirements shall be calculated as of the last day of each Fiscal Quarter.

  • Calculation Agent; Determination of LIBOR (a) The Issuer hereby agrees that for so long as any Class A(2008-4) Notes are Outstanding, there shall at all times be an agent appointed to calculate LIBOR for each Interest Period (the “Calculation Agent”). The Issuer hereby initially appoints the Indenture Trustee as the Calculation Agent for purposes of determining LIBOR for each Interest Period. The Calculation Agent may be removed by the Issuer at any time. If the Calculation Agent is unable or unwilling to act as such or is removed by the Issuer, or if the Calculation Agent fails to determine LIBOR for an Interest Period, the Issuer shall promptly appoint a replacement Calculation Agent that does not control or is not controlled by or under common control with the Issuer or its Affiliates. The Calculation Agent may not resign its duties, and the Issuer may not remove the Calculation Agent, without a successor having been duly appointed.

  • Interest Calculations Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

  • 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.

  • Interest Rates Payments and Calculations (a) Interest Rate. -------------

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