Adjustment Benefit definition
Adjustment Benefit means, at any time, an amount equal to:
Adjustment Benefit means, at any time, an amount equal to: [ [(Unadjusted LRP – LRP) + (Unadjusted DRP – DRP)] x NRB] + [ITRB x (1 – ARP)] Where: Unadjusted LRP = Unadjusted Loss Reserve Percentage LRP = Loss Reserve Percentage Unadjusted DRP = Unadjusted Dilution Reserve Percentage DRP = Dilution Reserve Percentage NRB = Net Receivables Balance ITRB = Aggregate In Transit Earned Receivables Balance ARP = Aggregate Reserve Percentage
Adjustment Benefit means, at any time, an amount equal to: [( Unadjusted LRP - LRP) + (Unadjusted DRP - DRP)] x NRB Where: Unadjusted LRP = Unadjusted Loss Reserve Percentage LRP = Loss Reserve Percentage Unadjusted DRP = Unadjusted Dilution Reserve Percentage DRP = Dilution Reserve Percentage NRB = Net Receivables Balance.
Examples of Adjustment Benefit in a sentence
C = The Weekly Benefit as figured in the Disability provision of this Plan plus the Employee’s earnings received while he is Partially Disabled ( not including adjustments under the Cost of Living Adjustment Benefit, if included).
C = The Weekly Benefit as figured in the Disability provision of this plan plus the Covered Person’s earnings received while he is Partially Disabled ( not including adjustments under the Cost of Living Adjustment Benefit, if included).