The Average Annual Values Sample Clauses

The Average Annual Values. The Coordinating Group shall use the reservoir regulations made pursuant to subparagraph 7(d)(4)(A), Trial Refill Regulation Based on Minimum Flow Variable Energy Content Curves, adjusted for changes in Energy Content Curves (“ECC”) made pursuant to subparagraph 7(d)(4)(b), Refill Regulation, to determine the average annual useable energy to be adjusted as hereinafter provided in this paragraph 13(a)(3). The Coordinating Group shall determine average annual energy gains from storage before adjustments for tailwater encroachment and usability for each Project for each Period by computing the energy capability of such Project with and without storage. The Coordinating Group shall adjust the resulting increment of energy from storage for each Period by the obligation to deliver energy or right to receive energy from an adjacent Project that arises out of a settlement for tailwater encroachment. The amount of such obligation assigned to storage shall in each Period bear the same ratio to the total obligation in the Period as storage use bears to total plant discharge in the Period. The Coordinating Group shall reduce the Coordinated System's total increment of energy gained or lost due to storage to the amount useable in the Coordinated System's estimated load after use of energy from unregulated flow. The Coordinating Group shall prorate such gain or loss to each Project in each Period in proportion to that Project's increment of energy due to storage. The Coordinating Group shall assign the increments of average annual useable energy gain or loss at each Project from storage to each upstream reservoir in proportion to the storage change at each reservoir. The As for each storage Project shall be the algebraic sum of these increments in megawatt months for that Project's storage at site and downstream, divided by the number of months in the study, and multiplied by 2. The Ah for each storage Project shall be the algebraic sum of the useable energy at site from unregulated flow and the useable energy from at-site and upstream storage, divided by the number of months in the study, and multiplied by 2.
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Related to The Average Annual Values

  • 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.

  • Share Class Annual Compensation Rate Class R-1 1.00% Class R-2 0.75% Class R-2E 0.60% Class R-3 0.50% Class R-4 0.25% Class R-5 No compensation paid Class R-5E No compensation paid Class R-6 No compensation paid

  • Base Annual Salary “Base Annual Salary” means the greater of (1) the highest annual rate of base salary in effect for the Executive during the 12 month period immediately prior to a Change in Control or, (2) the annual rate of base salary in effect at the time Notice of Termination is given (or on the date employment is terminated if no Notice of Termination is required).

  • Calculation Dates The interest rate applicable to each Interest Reset Period will be determined by the Calculation Agent on or prior to the Calculation Date (as defined below), except with respect to LIBOR, which will be determined on the particular Interest Determination Date. Upon request of the Holder of a Floating Rate Note, the Calculation Agent will disclose the interest rate then in effect and, if determined, the interest rate that will become effective as a result of a determination made for the next succeeding Interest Reset Date with respect to such Floating Rate Note. The “Calculation Date”, if applicable, pertaining to any Interest Determination Date will be the earlier of: (1) the tenth calendar day after the particular Interest Determination Date or, if such day is not a Business Day, the next succeeding Business Day; or (2) the Business Day immediately preceding the applicable Interest Payment Date or the Maturity Date, as the case may be.

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

  • Sick Leave Annual Cash Out ‌ Each January, employees are eligible to receive cash on a one (1) hour for four (4) hours basis for ninety-six (96) hours or less of their accrued sick leave, if:

  • 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.

  • Payment for annual leave (a) Before going on annual leave, an employee will be paid the amount of wages they would have received for ordinary time worked had they not been on leave during that period.

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

  • FIXED AMOUNTS The fixed amounts contained in Section I of this agreement are based on an estimate of the costs that will be incurred during the period to which the amounts apply. When the actual costs for this period are determined, any differences between the fixed costs used as an estimate and the actual costs will be considered in a subsequent agreement.

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