Annualization Factor definition

Annualization Factor means a fraction, the numerator of which is 365 and the denominator of which is the number of days from January 1, 2016 to December 31, 2018 or December 31 of the year in which a Qualifying Termination occurs, whichever is applicable.

Annualization Factor means (i) four, in the case of the Test Period ending December 31, 2003, (ii) two, in the case of the Test Period ending March 31, 2004 and (iii) 4/3, in the case of the Test Period ending June 30, 2004.

Annualization Factor means, (i) with respect to the Rolling Period ending on the last day of the Covenant Changeover Quarter, an annualization factor equal to 4, (ii) with respect to the first Rolling Period ending after the Covenant Changeover Quarter, an annualization factor equal to 2 and (iii) with respect to the second Rolling Period ending after the Covenant Changeover Date, an annualization factor equal to 4/3.

Examples of Annualization Factor in a sentence

• Under the KEIP, the Annualization Factor for the First Performance Period is 2.95, and the Annualization Factor for the Second Performance Period is 1.77.

• The Annualization Factor for a 10 year financing period at 4.5 percent is .1264 (2) (see Appendix E for Capital Cost Annualization Factors); therefore the annualized Capital Cost equals ($332,468) multiplied by (0.1264) or $42,024 per year (3).

• The grade rate attached to the salary basis has Grade Rate Basis as Hourly Salary with Grade Annualization Factor as 2080 (i.e. 40 hours x 52 weeks).

• Annualization is achieved by multiplying the applicable ratio as of the end of each Performance Period by a specified factor (the "Annualization Factor"), which is based upon historical seasonality.

• For purposes of this Section 4, the amount of total annualized Free Cash as of the end of any Quarter shall be determined by multiplying (a) the aggregate amount of Free Cash for the current and all preceding Quarters of the Company's current fiscal year by (b) the appropriate Annualization Factor.

More Definitions of Annualization Factor

Annualization Factor means, on any date of determination, (a) if only one fiscal quarter has elapsed since July 1, 2005, four, (b) if only two fiscal quarters have elapsed since July 1, 2005, two and (c) if only three fiscal quarters have elapsed since July 1, 2005, four thirds.

Annualization Factor means (i) with respect to each New Store, twelve (12) divided by a whole number equal to the number of Included Months (but not greater than eleven (11)). For example, (i) a New Store that has been in operation during the measurement period for four (4) fiscal months shall have an Annualization Factor of 3 (or 12 ÷ 4) and (ii) a New Store that has been in operation during the measurement period for four (4) months and ten (10) days shall have an Annualization Factor of 2.40 (or 12 ÷ 5); and

Annualization Factor means the sum of annualization factors set forth below for Included Quarters: Fiscal Quarter ending March 31 of each year 0.21 Fiscal Quarter ending June 30 of each year 0.21 Fiscal Quarter ending September 30 of each year 0.32 Fiscal Quarter ending December 31 of each year 0.26; provided, that with the prior approval of the Administrative Agent (but no more than one time in any four consecutive Fiscal Quarters), the Borrower may increase or decrease the Annualization Factor for any Fiscal Quarter by up to 0.02 (so long as the sum of the resulting Annualization Factors equals 1.00).

Annualization Factor means a fraction, the numerator of which is the number of days between the Closing Date and the Redemption Date and the denominator of which is 365.

Annualization Factor means the sum of annualization factors set forth below for Included Quarters: ------------------------------------------------------- Quarter ending May 31 of each year 0.16 ------------------------------------------------------- Quarter ending August 31 of each year 0.37 ------------------------------------------------------- Quarter ending November 30 of each year 0.17 ------------------------------------------------------- Quarter ending February 28 or 29 of each year 0.30 ------------------------------------------------------- Total 100.00 -------------------------------------------------------

Annualization Factor means either (A) a fraction of which the numerator is 12 and the denominator is equal to the number of months since the Rate Increase Completion Date, if the Closing Date is before December 31, 1997, or (B) four, if the Closing Date is on or after December 31, 1997.

Annualization Factor means a fraction the numerator of which is the number 12 and the denominator of which is the number of full months following November 1, 1999.