Service Factor Sample Clauses

The Service Factor clause defines a multiplier or rating that indicates the capacity of equipment or machinery to operate above its nominal or standard load. In practice, this clause specifies the conditions under which a device, such as a motor or pump, can safely handle loads exceeding its rated capacity for limited periods without risk of damage. By establishing clear operational limits, the Service Factor clause helps prevent equipment overuse and failure, ensuring reliability and extending the lifespan of assets.
Service Factor. It means the percentage effectively utilizable of the Nominal Capacity, due to the Pipeline’s temporary operational and maintenance restrictions, as well as those of its connected and ancillary installations, calculated for a determined period, in which the effects of the non – availability of the mechanical equipment, the line maintenance programs and the number of days of the period considered must be taken into account.
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Service Factor. Notwithstanding Section 4, if, after achieving the Service Factor, the Participant’s employment with the Company terminates as a result of the Participant’s resignation or termination without Cause, the RSUs shall continue to vest in accordance with the Scheduled Vesting Dates. For purposes of this Agreement, “Service Factor” shall mean the Participant’s (i) attaining the age of at least 55 and (ii) continuous service with the Company or any of its Subsidiaries and Affiliates for at least 10 years, or such other criteria that are deemed by the Committee to be an achievement of the Service Factor, provided, however, that, in the case of a resignation, the Participant must provide the Company with a written notice of intent to resign at least six (6) months prior to the final day of employment with the Company.
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Service Factor. To be eligible to receive the Service Factor, an SRP must have earned at least one year’s credit of Pasco continuous service since arriving at the top step of his/her salary schedule.
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Service Factor. The service factors indicated in the table below shall be based upon the installed power:- Rotating Bridges: Sedimentation & Clarifier Tanks 1.5 Rotating Scraper System: WAS Thickeners & Fermentation Tanks 1.75 Aerators 2.25 Mixers 2 Screw & Plunger Pumps 2.25 Centrifugal Pumps 2 Dosing Pumps 2 Mechanical Screens 2
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Service Factor. Each motor shall be designed to provide a continuous horsepower capacity per 12.
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Service Factor. An increment of pay for service to the Epping School District is added to the base stipend. Individual coaches and advisors are awarded two percentage points for each year of service as stated previously (up to 10%). This increment of pay for service may also be awarded for verifiable service to another school district in the same position for which this stipend is being determined. The service factor is calculated by multiplying the base stipend by the total percentage points accumulated by the individual. This amount is then added to the base salary. (Base Stipend x Experience Factor = Service Factor)
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Service Factor. Notwithstanding Section 4, if, after achieving the Service Factor, the Participant’s employment with the Company terminates as a result of the Participant’s resignation or termination without Cause, the PSUs shall continue to vest in accordance with the Scheduled Vesting Date and the Participant shall be entitled to the number of Earned PSUs as determined on the Scheduled Vesting Date. For purposes of this Agreement, “Service Factor” shall mean the Participant’s (i) attaining the age of at least 55 and (ii) continuous service with the Company or any of its Subsidiaries and Affiliates for at least 10 years, or such other criteria that are deemed by the Committee to be an achievement of the Service Factor, provided, however, that, in the case of a resignation, the Participant must provide the Company with a written notice of intent to resign at least six (6) months prior to the final day of employment with the Company.
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Service Factor. Effective July 1, 2016, service factors are fixed dollar amounts beyond the principal's annual salary after five (5), ten (10) years, and fifteen (15) years of experience in the District. Service factors are effective on July 1 of each year after completion of the years of service. Five (5) through ten (10) Years: $3,000 After completion of ten (10) years: $4,000 (additional $1,000) After completion of fifteen (15) years: $5,000 (additional $1,000)
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Service Factor. Subd. 1. Service factors are fixed annual dollar amounts beyond the principal’s annual salary as prescribed by the salary schedule, at the beginning of fifteen (15) years of experience in the District and at the beginning of twenty (20) years of experience in the District. Service factors become effective only at the beginning of a contract year and are not prorated for extended year contracts or assignments. 1.1 2011-13 Amounts are as follows: Lanes MA through Ph.D. Required years of Saint ▇▇▇▇ experience 15 yrs. 20 yrs. Dollar amount above annual salary prescribed by salary schedule $2,000 $5,000
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Related to Service Factor

  • Performance Factors (a) Each party will notify the other party of the existence of a Performance Factor, as soon as reasonably possible after the party becomes aware of the Performance Factor. The Notice will: describe the Performance Factor and its actual or anticipated impact; include a description of any action the party is undertaking, or plans to undertake, to remedy or mitigate the Performance Factor; indicate whether the party is requesting a meeting to discuss the Performance Factor; and address any other issue or matter the party wishes to raise with the other party. (b) The recipient party will provide a written acknowledgment of receipt of the Notice within 7 Days of the date on which the Notice was received (“Date of the Notice”). (c) Where a meeting has been requested under paragraph 7.2(a)(3), the parties agree to meet and discuss the Performance Factors within 14 Days of the Date of the Notice, in accordance with the provisions of section 7.3.

  • Power Factor The Power Producer shall maintain the Power Factor as per the prevailing GERC regulations and as may be stipulated / specified by GETCO from time to time. The Power Producer shall provide suitable protection devices, so that the Electric Generators could be isolated automatically when grid supply fails. Connectivity criteria like short circuit level (for switchgear), neutral Grounding, fault clearance time, current unbalance (including negative and zero sequence currents), limit of harmonics etc. shall be as per Grid Code.

  • Performance Expectations The Charter School’s performance in relation to the indicators, measures, metrics and targets set forth in the CPF shall provide the basis upon which the SCSC will decide whether to renew the Charter School’s Charter Contract at the end of the charter term. This section shall not preclude the SCSC from considering other relevant factors in making renewal decisions.

  • Power Factor Design Criteria Developer shall design the Large Generating Facility to maintain an effective power delivery at demonstrated maximum net capability at the Point of Interconnection at a power factor within the range established by the Connecting Transmission Owner on a comparable basis, until NYISO has established different requirements that apply to all generators in the New York Control Area on a comparable basis. The Developer shall design and maintain the plant auxiliary systems to operate safely throughout the entire real and reactive power design range. The Connecting Transmission Owner shall not unreasonably restrict or condition the reactive power production or absorption of the Large Generating Facility in accordance with Good Utility Practice.

  • Adjustment Factor The Bidder’s competitively bid price adjustment to the unit prices published in the Construction Task Catalog®.