Sharing Formula Sample Clauses

Sharing Formula. 2.1 Subject to Section 2.2 below, the Province will calculate the Forestry Portion of the Funds to be provided to WTC in accordance with Section 5 of the Agreement, at the times specified in Schedule “C” – Payment Plan, in accordance with the formula set out below:
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Sharing Formula. For the purpose of calculating the earnings subject to the ESM, the benchmark return on equity will be 11.25%. Any annual earnings over 11.25%, up to and including 100 basis points, shall be shared 50% to customers and 50% to the Company. Any earnings in excess of 12.25% shall be shared 75% to customers and 25% to the Company. In calculating the earnings subject to the ESM on an annual basis, the benchmark will remain at 11.25%, unless modified in a subsequent proceeding setting base rates to be effective on or after July 1, 2005. The customer share of any excess earnings will be passed through as a credit to the DAC. An example of the sharing of any earnings in excess of 11.25% is shown on Appendix C (attached hereto).
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Sharing Formula. (4) Notwithstanding anything to the contrary in Section 4.3.1.1(1) of the Agreement, the City and the Rede- veloper agree that the Redeveloper shall be permitted to make advance payments of the Funds, if any, that may ultimately be owed by the Redeveloper to the City and that the City shall (i) credit the amount of such Funds against any monetary obligation of the Redeveloper under Section 4.3.1.1 of the Agreement and (ii) expend the Funds solely for the purposes established in Section 4.3.1.2."
Sample 1

Related to Sharing Formula

  • Compensation for Losses Upon demand of any Lender (with a copy to the Administrative Agent) from time to time, the Borrower shall promptly compensate such Lender for and hold such Lender harmless from any loss, cost or expense incurred by it as a result of:

  • Contribution Formula Health Coverage a. Faculty Member Coverage. For plan year beginning on January 1, 2014, for faculty member health coverage, the Employer contributes an amount equal to one hundred percent (100%) of the faculty member premium of the Minnesota Advantage Health Plan (Advantage). Beginning on January 1, 2015, for faculty member health coverage, the Employer contributes an amount equal to ninety-five percent (95%) of the employee-only premium of the Minnesota Advantage Health Plan (Advantage).

  • Contribution Formula Dental Coverage a. Faculty Member Coverage. For faculty member dental coverage, the Employer contributes an amount equal to the lesser of ninety percent (90%) of the faculty member premium of the State Dental Plan, or the actual faculty member premium of the dental plan chosen by the faculty member. However, for calendar years beginning January 1, 2014, and January 1, 2015, the minimum employee contribution shall be five dollars ($5.00) per month.

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.