Sharing Formula Sample Clauses

A Sharing Formula clause defines how benefits, costs, or revenues are distributed among parties involved in an agreement. Typically, it specifies the proportions or percentages each party receives, and may outline the method for calculating these shares based on performance, investment, or other agreed metrics. This clause ensures transparency and fairness in the allocation process, reducing the risk of disputes by clearly setting expectations for all parties.
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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: a. For each Agreement FMU, the Province will multiply the FMU Annual Revenue by the Sharing Percentage. FMU Annual Revenues X b. The Province will multiply the product of the resulting number by the First Nation Allocation. Sharing Percentage X First Nation Allocation X
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Sharing Formula. 2.1 Subject to Section 2.2 below, the Province will calculate the Forestry Portion of the Funds to be provided to Mushkegowuk Council 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: a. For each Agreement FMU, the Province will multiply the FMU Annual Revenue by the Sharing Percentage. FMU Annual Revenues X Sharing Percentage X b. The Province will multiply the product of the resulting number by the First Nation Allocation. First Nation Allocation X Number of FMU First Nations c. The Province will multiply the product of the resulting number by the number of FMU First Nations to arrive at the FMU Annual Funds. = FMU Annual Funds d. The Province will repeat the operations in a. through c. above for each Agreement FMU, and then add all the resulting FMU Annual Funds together to arrive at the Forestry Portion of the Funds for a Fiscal Year. Add all FMU Annual Funds for a Fiscal Year to arrive at the Forestry Portion of the Funds for the Fiscal Year. 2.2 The Province shall include in the calculation of the Forestry Portion of the Funds in accordance with Section 2.1 above, only the First Nation Allocations corresponding to those First Nations specified in Appendix 1 that have delivered a Band Council Resolution to the Province in accordance with Sections 9.3 or 12.9 of the Agreement.
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Sharing Formula. Notwithstanding anything to the contrary in Section 4.3.1.1
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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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Related to Sharing Formula

  • Allocation of Profit or Loss All Profit or Loss shall be allocated to the Member.

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  • Long Term Cost Evaluation Criterion # 4 READ CAREFULLY and see in the RFP document under "Proposal Scoring and Evaluation". Points will be assigned to this criterion based on your answer to this Attribute. Points are awarded if you agree not i ncrease your catalog prices (as defined herein) more than X% annually over the previous year for years two and thr ee and potentially year four, unless an exigent circumstance exists in the marketplace and the excess price increase which exceeds X% annually is supported by documentation provided by you and your suppliers and shared with TIP S, if requested. If you agree NOT to increase prices more than 5%, except when justified by supporting documentati on, you are awarded 10 points; if 6% to 14%, except when justified by supporting documentation, you receive 1 to 9 points incrementally. Price increases 14% or greater, except when justified by supporting documentation, receive 0 points. increases will be 5% or less annually per question Required Confidentiality Claim Form This completed form is required by TIPS. By submitting a response to this solicitation you agree to download from th e “Attachments” section, complete according to the instructions on the form, then uploading the completed form, wit h any confidential attachments, if applicable, to the “Response Attachments” section titled “Confidentiality Form” in order to provide to TIPS the completed form titled, “CONFIDENTIALITY CLAIM FORM”. By completing this process, you provide us with the information we require to comply with the open record laws of the State of Texas as they ma y apply to your proposal submission. If you do not provide the form with your proposal, an award will not be made if your proposal is qualified for an award, until TIPS has an accurate, completed form from you. Read the form carefully before completing and if you have any questions, email ▇▇▇▇ ▇▇▇▇▇▇ at TIPS at ▇▇▇▇.▇▇▇▇▇▇@t ▇▇▇-▇▇▇.▇▇▇

  • Net Loss A Net Loss for a particular fund or, in the case of a multi-class fund, a class results when aggregate Losses exceed aggregate Benefits (i.e., net redemptions on a day the fund’s or class’s NAV is overstated or net subscriptions on a day the fund’s or class’s NAV is understated) during the Error Period.