Calculation Formulas Sample Clauses

Calculation Formulas. Calculation Formulas Integrated Power WH [Wh] Demand Power [W]
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Calculation Formulas. (a) The initial Maximum Draw Amount shall be $2,400,000. (b) If the IDMC determines at its February 2017 meeting that, based on positive test results, the ADAPT Study should continue, and provides written confirmation of that determination to Landlord, the Maximum Draw Amount shall be reduced to $1,800,000. (c) If by July 31, 2017 both: (i) the Performance Benchmark has been met; and (ii) Tenant has, since February 1, 2017, received at least $70,000,000 in a combination of equity capital and/or upfront proceeds from a partnership with a third party, the Maximum Draw Amount shall be reduced to $1,200,000. (d) Starting with the SEC Report for the quarter ending June 30, 2017, if as of the date of the SEC Report (i.e., each end of calendar quarter), the Cash Runway reflected in the Cash Certification for that same date is 12 months or greater, the Maximum Draw Amount shall be $1,200,000. (e) If after the 40th full month of the Term Tenant continuously maintains a Cash Runway of not less than 12 months, the Maximum Draw Amount shall be reduced, on an annual basis, as follows:
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Related to Calculation Formulas

  • 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.

  • METHODS OF CALCULATION 224. Bi-Weekly. An employee whose compensation is fixed on a bi-weekly basis shall be paid the bi-weekly salary for his/her position for work performed during the bi-weekly payroll period. There shall be no compensation for time not worked unless such time off is authorized time off with pay.

  • Payment Methodology The Grantee shall be reimbursed for actual, reasonable, and necessary costs based upon the Grant Budget, not to exceed the Maximum Liability established in Section 1. Upon progress toward the completion of the Scope, as described in Section A of this Grant Contract, the Grantee shall submit invoices prior to any reimbursement of allowable costs.

  • Formula The formula referred to in paragraph 3.1 is as follows: 𝑁𝑅𝑃 = ∑((𝑊𝐴𝐶𝑀 + 𝑁𝑅𝐸𝐽𝑇)●𝐵𝐹●𝑁𝑅𝑃𝑅●𝑁𝐹) where:

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