For illustrative purposes Sample Clauses

For illustrative purposes. (a) any prepayment made pursuant to Clause 3.1.2 shall be applied to the repayment of the Delayed Principal Amount in an amount equal to the difference between the amounts in the third column (Originally Scheduled Repayments) and the fifth column (Revised Repayments) of schedule 10 to the Original Loan Agreement of each Revised Repayment i.e. in the amount of USD8,266,294.56 from 21 April 2014;
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
For illustrative purposes. (A) Based upon the following facts and calculations and assuming (x) the TSA is terminated with respect to the Brown Unit at the end of 2025 and (y) the percentage of taxes being paid under the State Pilot Statute in 2026 is 25%, then the Gap Amount is calculated as follows:
Sample 1
For illustrative purposes. The divisions of time are retained but the class contact may be operated over a longer period, normally 2 weeks, but not exceeding 4 weeks. Xxx xxxxx contact of 25 hours in any single week, subject to an average of 22.5 hours over the agreed period of variation An allowance of no less than one third of the teacher’s ACTUAL class contact commitment is provided for preparation and correction Remaining time as per school WTA – fixed as 5 hours per week Time and place is retained which effectively provides a planned flexitime system. During “pay back” weeks, the teachers would only be required to be on school premises for their class contact time and collegiate meetings as per the WTA. Under flexibility, the teacher would still be employed for 5 days with the full 5 hours collegiate time and would have to attend such meetings whether they had class contact on that day or not. Three examples are given assuming the maximum class contact allowed of 25 hours. Over 2 weeks Xxx xxxxx contact Personal Allowance (1/3) Collegiate time Total Time owed Week 1 25 hours 8 hours 20 mins 5 hours 38 hours 20 mins 3 hours 20 mins Week 2* 20 hours 6 hours 40 mins 5 hours 31 hours 40 mins Paid back Total 45 hours 15 hours 10 hours 70 hours 0 Over 3 weeks Xxx xxxxx contact Personal Allowance (1/3) Collegiate time Total Cumulative Time owed Week 1 25 hours 8 hours 20 mins 5 hours 38 hours 20 mins 3 hours 20 mins Week 2 25 hours 8 hours 20 mins 5 hours 38 hours 20 mins 6 hours 40 mins Week 3* 17 hours 30 mins 5 hours 50 mins 5 hours 28 hours 20 mins Paid back Total 67 hours 30 mins 22 hours 30 mins 15 hours 105 hours 0 Over 4 weeks Xxx xxxxx contact Personal Allowance (1/3) Collegiate time Total Cumulative Time owed Week 1 25 hours 8 hours 20 mins 5 hours 38 hours 20 mins 3 hours 20 mins Week 2 25 hours 8 hours 20 mins 5 hours 38 hours 20 mins 6 hours 40 mins Week 3 25 hours 8 hours 20 mins 5 hours 28 hours 20 mins 10 hours Week 4* 15 hours 5 hours 5 hours 25 hours Paid back Total 90 hours 30 hours 20 hours 140 hours 0 For atypical weeks – holidays, in-service days – the above time owed would not be fully accumulated. Similarly holidays, etc, would not count as “pay back”. Code of Practice on Working Hours, Working Week There is evidence that current provisions have been set aside on an ad hoc basis in some schools. These include where the arrangement of providing Class Contact Time is organised in larger blocks of time, or where a teacher has provided cover in unforeseen circumsta...
Sample 1

Related to For illustrative purposes

  • Accounting Terms; Utilization of GAAP for Purposes of Calculations Under Agreement Except as otherwise expressly provided in this Agreement, all accounting terms not otherwise defined herein shall have the meanings assigned to them in conformity with GAAP. Financial statements and other information required to be delivered by Company to Lenders pursuant to clauses (ii), (iii) and (xii) of subsection 6.1 shall be prepared in accordance with GAAP as in effect at the time of such preparation (and delivered together with the reconciliation statements provided for in subsection 6.1(v)). Calculations in connection with the definitions, covenants and other provisions of this Agreement shall utilize GAAP as in effect on the date of determination, applied in a manner consistent with that used in preparing the financial statements referred to in subsection 5.3. If at any time any change in GAAP would affect the computation of any financial ratio or requirement set forth in any Loan Document, and Company, Administrative Agent or Requisite Lenders shall so request, Administrative Agent, Lenders and Company shall negotiate in good faith to amend such ratio or requirement to preserve the original intent thereof in light of such change in GAAP (subject to the approval of Requisite Lenders), provided that, until so amended, such ratio or requirement shall continue to be computed in accordance with GAAP prior to such change therein and Company shall provide to Administrative Agent and Lenders reconciliation statements provided for in subsection 6.1(v).

  • Single Purpose Borrower hereby represents and warrants to, and covenants with, Lender that as of the date hereof and until such time as the Debt shall be paid in full:

  • Partnership Only for Purposes Specified The Partnership shall be a partnership only for the purposes specified in Section 3.1, and this Agreement shall not be deemed to create a partnership among the Partners with respect to any activities whatsoever other than the activities within the purposes of the Partnership as specified in Section 3.1. Except as otherwise provided in this Agreement, no Partner shall have any authority to act for, bind, commit or assume any obligation or responsibility on behalf of the Partnership, its properties or any other Partner. No Partner, in its capacity as a Partner under this Agreement, shall be responsible or liable for any indebtedness or obligation of another Partner, nor shall the Partnership be responsible or liable for any indebtedness or obligation of any Partner, incurred either before or after the execution and delivery of this Agreement by such Partner, except as to those responsibilities, liabilities, indebtedness or obligations incurred pursuant to and as limited by the terms of this Agreement and the Act.

  • Sole Purpose The Borrower has been formed solely for the purpose of engaging in transactions of the types contemplated by this Agreement, and has not engaged in any business activity other than the negotiation, execution and to the extent applicable, performance of this Agreement and the transactions contemplated by the Transaction Documents.

  • Calculation of CP Costs On the third Business Day immediately preceding each Settlement Date, each Conduit shall calculate the aggregate amount of its Conduit Costs for the related Settlement Period and shall notify Seller of such aggregate amount.

  • Determination of Net Asset Value The Trustees shall cause the Net Asset Value of Shares of each Series or Class to be determined from time to time in a manner consistent with applicable laws and regulations. The Trustees may delegate the power and duty to determine Net Asset Value per Share to one or more Trustees or officers of the Trust or to a custodian, depository or other agent appointed for such purpose. The Net Asset Value of Shares shall be determined separately for each Series or Class at such times as may be prescribed by the Trustees or, in the absence of action by the Trustees, as of the close of regular trading on the New York Stock Exchange on each day for all or part of which such Exchange is open for unrestricted trading.

  • CALCULATION OF NET ASSET VALUE U.S. Trust will calculate the Fund's daily net asset value and the daily per-share net asset value in accordance with the Fund's effective Registration Statement on Form N-2 (the "Registration Statement") under the Securities Act of 1933, as amended (the "Securities Act"), including its current prospectus. If so directed, U.S. Trust shall also calculate daily the net income of the Fund

  • Definitions and Usage Except as otherwise specified herein or as the context may otherwise require, capitalized terms used but not otherwise defined herein are defined in Appendix A hereto, which also contains rules as to usage that shall be applicable herein.

Time is Money Join Law Insider Premium to draft better contracts faster.