The Average Clause Samples

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The Average. NHC Trend increase and the New City Healthcare Contribution shall be determined by September 1st of each year for the following year increase, which shall become effective on January 1st.
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The Average. Consolidated Senior Debt Ratio, determined as at the last day of each of the two most recent fiscal quarters prior to the date of such payment, based upon the most recent financial statements delivered pursuant to clause (a) or (b) of Section 6.01 and calculated on a pro forma basis as if such payment had been made on the first day of each such quarter, shall be less than 2.75:1.00;
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Related to The Average

  • Settlement Averaging Period For any Option and regardless of the Settlement Method applicable to such Option:

  • Target Fair Market Value The Company agrees that the Target Business that it acquires must have a fair market value equal to at least 80% of the balance in the Trust Account at the time of signing the definitive agreement for the Business Combination with such Target Business (excluding taxes payable and the Deferred Underwriting Commissions). The fair market value of such business must be determined by the Board of Directors of the Company based upon standards generally accepted by the financial community, such as actual and potential sales, earnings, cash flow and book value. If the Board of Directors of the Company is not able to independently determine that the target business meets such fair market value requirement, the Company will obtain an opinion from an independent investment banking firm or another independent entity that commonly renders valuation opinions with respect to the satisfaction of such criteria. The Company is not required to obtain an opinion as to the fair market value if the Company’s Board of Directors independently determines that the Target Business does have sufficient fair market value.

  • Average Annual Compensation The Executive's "Average Annual Compensation" for purposes of this Agreement shall be deemed to mean the average level of compensation paid to the Executive by the Employers or any subsidiary thereof during the most recent five taxable years preceding the Date of Termination, including Base Salary and benefits and bonuses under any employee benefit plans of the Employers.

  • Determination Date The Business Day immediately preceding the related Remittance Date.

  • Starting Salary All bargaining-unit positions will be hired at a starting salary commensurate with their experience. It is expected that those salaries will typically be within 20% of employees within that unit at a similar rank and/or experience level. In exceptional cases, bargaining-unit positions may be hired at a salary above that range contingent on extraordinary experience and extramural funding.