Model Structure Clause Samples

The Model Structure clause defines the organizational framework and components of a model used within an agreement or project. It typically outlines the key elements, such as data sources, assumptions, variables, and relationships between different parts of the model, ensuring all parties have a shared understanding of how the model operates. By clearly specifying the structure, this clause helps prevent misunderstandings, facilitates consistent application, and ensures that the model can be accurately interpreted and maintained throughout the agreement's duration.
Model Structure. File Naming Structure: FILE NAMES (Construction Models)
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Model Structure. Describe how the Model is separated, e.g., by building, by floors, by zone, by areas, and/or discipline. Indicate the connections and hierarchy of linked files, including CAD files. Broward County Construction Management Division requires that all paths in Revit files be relative and that files be overlayed instead of attached unless the project team makes a strong case for alternate strategies.
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Model Structure. TBEST provides forecasts or predictions of stop-level boardings. Thus, ridership in the context of TBEST is defined as the number of boardings at each transit stop. In particular, models estimated by TBEST have two features: 1) TBEST incorporates separate equations for estimating and distinguishing between Direct boardings and Transfer boardings at each stop location. 2) TBEST includes separate ridership estimation equations for each time of day and The basic assumption in TBEST model estimation is that boarding in each stop is affected by both Neighbor stops and Accessible stops. Neighboring stops are other stops within its buffer or whose buffers overlap with its buffer. Four different types of neighbor stops (N0 through N3) are defined. Definition of five accessible stops (S0 through S4) is based on the potential to reach or be reached by the analyzed stop or any of its neighboring stop groups [Detailed definitions could be found in the manual]. 𝐷𝑠 = 𝑔(𝐶𝑠, 𝐴𝑠 , 𝐴𝑠 , 𝐴𝑠 , 𝐴𝑠 , 𝑋𝑠 ), 𝑛 = 1,…, 𝑁 𝑛 where 1𝑛 2𝑛 3𝑛 4𝑛 𝑛 s = index for any origin stop n = index for any time period N = number of time periods n 𝐷s = direct boardings at stop s during period n for the direction and along the route that define stop s. 𝐶s = vector of buffer characteristics for stop s. These characteristics include the amount of population and employment as well as their characteristics. s C 1n 𝐴s = vector of accessibility to employment and population in the buffer areas of S1 stops during period n. 2n 𝐴s = vector of accessibility to employment and population in the buffer areas of S2 stops during period n.
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Model Structure. In our study we formed the air travel demand in a general form which best suits for travel demand causal analysis, multiple variable regression model. We do the model analysis through some econometric methods, statistic methods and the statistic software IBM SPSS. The air travel demand model is formed by: Yi=β0 + β1 x1 i + β2x2i + …+ βkxki + εi Yi is the dependent variable, x1 i, x2i, xki are the independent variables, i=1, 2... ,n is the number of independent variables and theβ1, β2,βk are the constant linear coefficients of each independent variables. This model will be used to provide estimates of the effect of each variable in combination with the other variable .The marginal change in the dependent variable, Yi, that is related to the changes in the independent variables which estimated by the coefficients β and the coefficient β indicates the change in Yi, given a unit change in order to control the simultaneous effect of the other independent variables. In our study, the dependent variable Yi is the travel frequency as the air travel demand and the independent variables are the affecting factors of travel frequency.
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Related to Model Structure

  • Capital Structure (i) As of the date of this Agreement, the authorized capital stock of the Company consists of 25,000,000 shares of Company Common Stock, of which 13,478,272 shares are issued and outstanding. All issued and outstanding shares of the capital stock of the Company are duly authorized, validly issued, fully paid and nonassessable. No class of Company capital stock is entitled to preemptive rights. None of the issued and outstanding shares of Company Common Stock have been issued in violation of any preemptive rights of current or past holders of any class of Company capital stock or are subject to any preemptive rights of current or past Company shareholders granted by the Company. As of the date of this Agreement, there are no outstanding options, warrants, indebtedness convertible into capital stock or other rights to acquire capital stock from the Company other than (i) Options representing in the aggregate the right to purchase 1,353,442 shares of Company Common Stock under the Company Stock Option Plan and (ii) up to 50,000 shares of Company Common Stock available under the ESPP. The Company Disclosure Schedule sets forth the name of each person holding outstanding Options, the number of shares which may be purchased upon exercise of such Options, the expiration date of such Options as of the date of this Agreement and the exercise price per Share of such Options. (ii) All of the issued and outstanding shares of capital stock of the Company Subsidiaries are duly authorized, validly issued, fully paid and nonassessable and are owned by the Company, free and clear of any liens, claims, encumbrances, restrictions, preemptive rights or any other claims of any third party (“Liens”). Except for the capital stock of the Company Subsidiaries, the Company does not own, directly or indirectly, any capital stock or other ownership interest in any Person. (iii) As of the date of this Agreement, no bonds, debentures, notes or other indebtedness of the Company having the right to vote on any matters on which shareholders may vote (“Company Voting Debt”) are issued or outstanding. (iv) Other than the Options and the ESPP, there are no securities, options, warrants, calls, rights, commitments, agreements, arrangements or undertakings of any kind to which the Company or any Company Subsidiary is a party or by which any of them is bound obligating the Company or any Company Subsidiary to issue, deliver or sell, or cause to be issued, delivered or sold, additional shares of capital stock or other voting securities of the Company or any Company Subsidiary or obligating the Company or any Company Subsidiary to issue, grant, extend or enter into any such security, option, warrant, call, right, commitment, agreement, arrangement or undertaking. As of the date of this Agreement, there are no outstanding obligations of the Company or any Company Subsidiary to repurchase, redeem or otherwise acquire any shares of capital stock of the Company or any Company Subsidiary.

  • Organizational Structure The ISO will be governed by a ten (10) person unaffiliated Board of Directors, as per Article 5 herein. The day-to-day operation of the ISO will be managed by a President, who will serve as an ex-officio member of the ISO Board, in accordance with Article 5 herein. There shall be a Management Committee as per Article 7 herein, which shall report to the ISO Board, and shall be comprised of all Parties to the Agreement. There shall be at least two additional standing committees, the Operating Committee, as provided for in Article 8, and the Business Issues Committee, as provided for in Article 9, both of which shall report to the Management Committee. A Dispute Resolution Process will be established and administered by the ISO Board in accordance with Article 10.

  • Company Capital Structure In the case of the Company, the authorized capital stock of the Company consists of 500,000,000 shares of Company Common Stock and 50,000,000 shares of preferred stock, par value $0.01 per share (“Company Preferred Stock”). As of the Measurement Date, (i) 228,209,888 shares of Company Common Stock (excluding treasury shares) were issued and outstanding (including 119,422 shares of Company Common Stock subject to outstanding Company Restricted Stock Awards), (ii) no shares of Company Common Stock were held by the Company in its treasury and (iii) no shares of Company Preferred Stock were issued and outstanding. All of the outstanding shares of Company Common Stock have been duly authorized, validly issued, fully paid and nonassessable and free of preemptive rights. The Company has no shares of Company Common Stock or Company Preferred Stock reserved for issuance, except that, as of the Measurement Date, there were (a) 3,913,542 shares of Company Common Stock reserved for future issuance under the Company Stock Plans, (b) 867,802 shares of Company Common Stock subject to outstanding Company Option Awards, and such Company Option Awards have a weighted average exercise price of $21.03 per share, (c) 5,311,304 shares of Company Common Stock subject to outstanding Company RSU Awards, and (d) 5,494,388 shares of Company Common Stock subject to outstanding Company PSU Awards (assuming maximum performance and excluding those Company PSU Awards that pursuant to their terms may only be settled in cash). Each of the outstanding shares of capital stock or other securities of each of the Company’s Subsidiaries is duly authorized, validly issued, fully paid and nonassessable, and each of the outstanding shares of capital stock or other securities of each of the Company’s Significant Subsidiaries is owned beneficially and of record by the Company or by a direct or indirect wholly owned Subsidiary of the Company, free and clear of any Encumbrance (excluding such transfer restrictions of general applicability as may be provided under the Securities Act, the “blue sky” Laws of the various States of the United States or similar Law of other applicable jurisdictions). Except for the Company Stockholders Agreement, as of the date of this Agreement, there are no outstanding subscriptions, options, warrants, puts, call agreements, understandings, claims or other agreements, commitments or rights of any type relating to the issuance, sale, redemption or transfer by the Company of any equity securities of the Company or its Subsidiaries, nor are there outstanding any securities which are convertible into or exchangeable for any shares of capital stock of the Company or its Subsidiaries and neither the Company nor any of its Subsidiaries has any obligation to issue any additional securities or to pay for or repurchase any securities of the Company or its Subsidiaries. The shares of Company Common Stock are registered under the Exchange Act. Since the Measurement Date and through the date of this Agreement, the Company has not (A) issued any shares of Company Common Stock (other than upon the exercise or settlement of Company Equity Awards outstanding as of the Measurement Date) or (B) granted any Company Equity Awards or similar awards. The Company does not have outstanding any bonds, debentures, notes or other obligations the holders of which have the right to vote (or convertible into or exercisable for securities having the right to vote) with the stockholders of the Company on any matter.

  • Classification Structure All employees working under this Agreement shall be classified according to the skill based classification structure set out in Appendix A.

  • Fee Structure In consideration of Consultant providing services, Municipality shall pay Consultant for Services performed in accordance with Exhibit A – List of Services and Fee Schedule.