ISTRF Compensation Sample Clauses
The ISTRF Compensation clause establishes the terms under which compensation is provided in relation to the International Swaps and Derivatives Association (ISDA) Standard Terms for Rate Fixing (ISTRF). It typically outlines how parties will calculate and settle amounts owed when certain events, such as early termination or market disruptions, occur under the agreement. For example, it may specify the method for determining the value of outstanding transactions and the timing of payments. The core function of this clause is to ensure that both parties are fairly compensated for their positions, thereby reducing disputes and providing a clear mechanism for financial settlement in complex derivatives transactions.
ISTRF Compensation. It is intended that the Base Amount, the Salary Reduction Payments, and the SRA Amount, which are described above, shall be: (i) included in Superintendent’s “annual compensation” as defined in Indiana Code 5-10.2-4-3(c),
ISTRF Compensation. It is intended that the Base Amount and the SRA ▇▇▇▇▇▇, as described above, shall be: (i) included in Assistant Director’s “annual compensation” as defined in Indiana Code 5-10.2-4-3; (ii) used to determine the “average of the annual compensation” as defined in Indiana Code 5-10.2-4-3; and (iii) otherwise reported to the Indiana State Teachers Retirement Fund (“ISTRF”) as compensation for purposes of calculating Assistant Director’s retirement benefit.
ISTRF Compensation. It is intended that the Base Amount, Elective Contributions, ABS Amount, Continuation Pay, and Stipend, all as described above, as well as the taxable portion of the automobile allowance, described below, shall be: (i) included in Superintendent’s “annual compensation” as defined in Indiana Code 5-10.2-4-3(c), (ii) used to determine the “average of annual compensation” as defined in Indiana Code 5-10.2-4-3(c), and (iii) otherwise reported to the Indiana State Teachers Retirement Fund as compensation for purposes of calculating Superintendent’s retirement benefit.