Formulae Sample Clauses
The 'Formulae' clause defines how specific calculations or numerical determinations are to be made within the contract. It typically outlines the mathematical expressions, variables, and any relevant parameters that must be used to compute values such as payments, interest, or performance metrics. For example, it may specify how to calculate late fees based on outstanding amounts and time overdue. This clause ensures consistency and transparency in applying quantitative terms, reducing the risk of disputes over how figures are derived.
Formulae. The minimum salaries paid to a Casual Academic staff member will be calculated in accordance with the following formulae:
i) Lecturing rate and higher marking rate: The base rate applicable to lecturing or for purposes of the higher marking rate is determined by reference to the second step of the full-time Level B scale (referred to as a), and calculated as follows:
ii) Rate applicable to performance of other duties involving full subject coordination or possession of a relevant doctoral qualification: The base rate applicable where duties include full course coordination or the staff member possesses a relevant doctoral qualification is determined by reference to the sixth step of the full-time Level A scale (referred to as c), and calculated as follows:
iii) Rate applicable to all other duties: The base rate applicable to all other duties including tutoring rates not covered by subclause a)ii) is determined by reference to the second step of the full-time Level A scale (referred to as e), and calculated as follows:
Formulae. GILEAD represents and warrants that the Specifications for the Product are its property and that GILEAD may lawfully disclose such Specifications to APO. GILEAD further represents and warrants that any trademarks utilized by APO in connection with the Product are its property and may be lawfully used as directed by GILEAD. GILEAD further represents and warrants that the Specifications for the Product conform to all applicable laws and regulations, and that the Product if labeled and formulated in accordance with such Specifications and Manufactured in compliance with this Agreement (i) may be lawfully sold and distributed in every jurisdiction in which GILEAD markets the Product, (ii) will be fit for the purpose intended, and (iii) subject to labeling and application in accordance with applicable laws will be safe for human consumption.
Formulae. (A) Single Productions, Not Part of a Series
(B) Series of Productions with Consistent Ticket Prices
Formulae. Figures, formulae, and trial-balance figures may be included within text. For figure columns, formulae are entered directly but text requires the formulae to be between square brackets "[" and "]". The results of formulae are then incorporated within the text of the accounts during accounts production. The format of formulae within the brackets is identical to cell formulae. See Formulae and Trial Balance Figures later.
Formulae. In the calculation of SAn an amount shall be subtracted from NCF identical to the value of any AOE which would be due to the State if reference were made hereunder only to the FAn. In the calculation of TAn an amount shall be subtracted from NCF identical to the value of any AOE which would be due to the State if reference were made hereunder only to the FAn and SAn. In the calculation of YAn an amount shall be subtracted from NCF identical to the value of any AOE which would be due to the State if reference were made hereunder only to the FAn, SAn and TAn. In the calculation of ZAn an amount shall be subtracted from NCF identical to the value of any AOE which would be due to the State if reference were made hereunder only to the FAn, SAn, TAn and YAn.
Formulae. Promptly following Closing, Seller agrees to use commercially reasonable efforts to provide Buyer with any other formulae that may have been inadvertently omitted from Schedule 2.1.1.9, including, but not limited to, written set up sheets, set up procedures and operator know how (to the extent documented in writing) related to the formulae set forth on Schedule 2.1.1.
Formulae. The Amount of variation in prices in several components (labour material etc.) shall be worked out by the following formulae :
(i) L = W x (LQ – LB) x LC LB 100
(ii) M = W x (MQ – MB) x MC MB 100
(iii) F = W x (FQ – FB) x FC FB 100
(iv) E = W x (EQ – EB) x EC EB 100
(v) D = W x (DQ – DB) x DC DB 100
(vi) S = SW x (SQ – SB)
(vii) C = CV x (CQ – CB) / CB For Railway Electrification Works :
(viii) T = [(CS - CO) / CO x 0.4136] x TC
(ix) R = [(RT - RO) / RO + (ZT - ZO) / ZO x 0.06] x RC
(x) N = [(PT - PO) / PO] x NC
(xi) Z = [(ZT - ZO) / ZO] x ZC
(xii) I = [(IT – IO) / IT] x 85 Where, L Amount of price variation in Labour M Amount of price variation in Materials F Amount of price variation in Fuel E Amount of price variation in Explosives D Amount of price variation in Detonators S Amount of price variation in Steel C Amount of price variation in Cement T Amount of price variation in Concreting R Amount of price variation in Ferrous Items N Amount of price variation in Non-Ferrous Items Z Amount of price variation in Zinc I Amount of price variation in Insulator LC % of Labour Component MC % of Material Component FC % of Fuel Component EC % of Explosive Component DC % of Detonators Component TC % of Concreting Component RC % of Ferrous Component NC % of Non-Ferrous Component ZC % of Zinc Component W Gross value of work done by contractor as per on-account ▇▇▇▇(s), excluding cost of materials supplied by Railway at fixed price, minus the price values of cement and steel. This will also exclude specific payment, if any, to be made to the consultants engaged by contractors (such payment shall be indicated in the contractor’s offer) LB Consumer Price Index Number for Industrial Workers - All India : Published in R.B.I. Bulletin for the base period LQ Consumer Price Index Number for Industrial Workers - All India : Published in R.B.I. Bulletin for the average price index of the 3 months of the quarter under consideration MB Index Number of Wholesale Prices – By Groups and Sub-Groups : All commodities – as published in the R.B.I. Bulletin for the base period MQ Index Number of Wholesale Prices – By Groups and Sub-Groups : All commodities – as published in the R.B.I. Bulletin for the average price index of the 3 months of the quarter under consideration FB Index Number of Wholesale Prices – By Groups and Sub-Groups for Fuel and Power as published in the R.B.I. Bulletin for the base period FQ Index Number of Wholesale Prices – By Groups and Sub-Groups for Fuel and Pow...
Formulae. The minimum salaries paid to academic staff employed on a casual basis will be derived from three base rates calculated using the following formulae:
Formulae. The minimum salary paid to academic teaching staff employed on a casual basis will be at the rates provided for in 1) above. These rates are derived from 3 base rates calculated using the following formulae:
Formulae. The abbreviations used herein shall have the meaning as defined below;