Cumulative Basis definition

Cumulative Basis means the basis of deduction or repayment of tax provided for in regulation 23;
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Cumulative Basis has the meaning set forth in Section 3.1(b)(i).
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Cumulative Basis means that, in any given calendar quarter, the Stockholder may transfer the number of Consideration Shares permitted to be transferred in that calendar quarter plus a number of Consideration Shares equal to the difference between (x) the aggregate maximum number of Consideration Shares permitted to be transferred in the previous calendar quarter(s) and (y) the number of Consideration Shares actually transferred by the relevant Stockholder.
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Examples of Cumulative Basis in a sentence

  • Calculation of tax – 3 different methodsPAYE tax and USC deductions are calculated using one of the following methods:• Cumulative Basis (see paragraph 9.3) • Non-Cumulative Basis (Week 1/Month 1 Basis) (see paragraph 9.4) • Emergency Basis (see paragraph 9.5).

  • Calculations in §§4.3.1 and 4.3.2 must be made on a Cumulative Basis.

  • Year-wise Details of fund for Major Replacement of the System of Rs. 2(Two) crore (subject to annual increase at 5% on Cumulative Basis) and Collection System Replacement of Rs. 5 (Five) crore (subject to annual increase at 5% on Cumulative Basis).

  • Revised 2/28/19Capture and Percent Reduction on Cumulative Basis for all LTCP Completed Projects *The annual volume captured is estimated based on the individual project parameters in conjunction with baseline wet‐weather capture statistics documented in the Albany Pool CSO LTCP for a typical year.

  • The Base Sum Insured under the Base Plan will be increased on Cumulative Basis at each Policy Year on the basis of inflation rate in previous year.

  • Calculation of tax - 4 different methods PAYE tax deductions are calculated using one of the following methods: Paragraph • Cumulative Basis 7.3 • Non-Cumulative Basis 7.6 (Week 1/Month 1 Basis) • Temporary Basis 7.7 • Emergency Basis 7.8 Cumulative basis The purpose of the PAYE system is to ensure that an employee's tax liability isspread out evenly over the year.

  • Investment Status of 10 Countries in Vietnam based on Cumulative Basis (1988-2017)Unit: Million Dollar, Number of Cases Source: Foreign Investment Agency Furthermore, Vietnam’s import and export volume has been on the rise every year due to steady FDI and the acceleration of integration into the global economy through the expansion of multilateral trade agreements between the countries, such as South Korea-China, Vietnam-Europe through Free Trade Agreement(FTA) and the Asean Economic Community(AEC).

  • Calculation of tax – 3 different methodsPAYE tax and USC deductions are calculated using one of the following methods: Cumulative Basis (see paragraph 9.3)  Non-Cumulative Basis (Week 1/Month 1 Basis) (see paragraph 9.4)  Emergency Basis (see paragraph 9.5).

  • Except as otherwise provided in this Agreement, this option will become exercisable ("vest") in accordance with the following schedule: Date Amount Which First Becomes Vested Amount Vested on a Cumulative Basis First anniversary of the Grant Date 25 % 25 % Second anniversary of the Grant Date 25 % 50 % Third anniversary of the Grant Date 25 % 75 % Fourth anniversary of the Grant Date 25 % 100 % This option shall expire upon, and will not be exercisable after, the Final Exercise Date.

  • Operating Ratio (1) ‐ Cumulative Basis (Cash Expense / Cash Revenue) 1.151.10Better1.051.000.95BudgetActualForecast0.90OctNovDecJanFebMarAprMayJunJulAugSep (1) Operating Ratio is defined as Total Operating Expense adjusted for Depreciation, Project related costs covered by Capital funding (PRJ), non-cash portion of OPEBs and the Inspector General's office - covered by a separate grant, divided by Total Operating Revenue less State Capital amortization.


More Definitions of Cumulative Basis

Cumulative Basis means that the stated cap shall be applied on a cumulative and compounding basis. For example, if the stated cap is three percent (3%), the maximum capped amount for the first year to which the cap applies shall be one hundred three percent (103%) of the amount for the immediately preceding period (annualized if such amount is not for a full year), which shall constitute the “Cap Amount” for such year; for the second year, the “Cap Amount” shall be equal to one hundred six and 9/100ths percent (106.09%); and for each year after such second year, the Cap Amount shall be an amount equal to one hundred three percent (103%) of the Cap Amount applicable to the immediately preceding year.
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Cumulative Basis means a cumulative or increasing accumulation of additional expenses within a specific Project Budget Line Item starting with the initial amount approved in §4.2, Project Budget as of the Effective Date. Such starting point will reset with an amendment to this Grant approved by the DOLA Controller changing the Project Budget Line Item amount or if the Project Budget Line Item has been amended through an approved True-up Budget Proposal.
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Cumulative Basis means, with respect to the calculation of Debt Service Coverage Ratio for the six-month period commencing October 1, 2002 and ending March 31, 2003 and the nine-month period commencing October 1, 2002 and ending June 30, 2003, that EBITDA, interest expense, scheduled installments of principal of long-term Indebtedness and cash taxes shall be determined based solely upon the actual earnings and expenditures, as applicable, made during such six-month and nine-month period, as the case may be.
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Related to Cumulative Basis

  • Negative Basis means, with respect to any Member and as of any time of calculation, the amount by which the Member’s “adjusted tax basis,” for U.S. federal income tax purposes, in the Member’s Interest in the Company as of that time (determined without regard to any adjustments made to the “adjusted tax basis” by reason of any Transfer or assignment of the Interest, including by reason of death, and without regard to such Member’s share of the liabilities of the Company under Section 752 of the Code) exceeds the value of its Interest as of such time. As used in this Section 5.9, the term “Negative Basis Member” means any Member whose Interest is repurchased by the Company and who has Negative Basis as of the effective date of the repurchase, but such Member shall cease to be a Negative Basis Member at such time as it shall have received allocations pursuant to clause (i) of paragraph (c) equal to its Negative Basis as of the effective date of such repurchase.

  • Cumulative Net Loss Ratio means, as of any Payment Date, the ratio (expressed as a percentage) of (i) the aggregate Principal Balance of Receivables that became Defaulted Receivables plus all the Cram Down Losses (without duplication) which occurred during the period from the Cut-Off Date through the end of the related Collection Period reduced by the amount of Liquidation Proceeds with respect to Defaulted Receivables received during such period which are applied to principal of the Defaulted Receivables to (ii) the Pool Balance as of the Cut-Off Date.

  • Base Rate Basis means a simple interest rate equal to the sum of (i) the Base Rate and (ii) the Applicable Margin applicable to Base Rate Advances for the applicable Loans. The Base Rate Basis shall be adjusted automatically as of the opening of business on the effective date of each change in the Base Rate to account for such change, and shall also be adjusted to reflect changes of the Applicable Margin applicable to Base Rate Advances.

  • Positive Basis means, with respect to any Partner and as of any time of calculation, the amount by which the total of the Partners’ Capital Accounts as of that time exceeds the Partner’s “adjusted tax basis,” for U.S. federal income tax purposes, in the Partner’s Units in the Partnership as of that time (determined without regard to any adjustments made to the “adjusted tax basis” by reason of any Transfer or assignment of Units, including by reason of death). As used in this Section 5.8, the term “Positive Basis Partner” means any Partner who or that withdraws from the Partnership and who or that has a Positive Basis as of the effective date of the Partner’s withdrawal. As used in this Section 5.8, the term “Negative Basis” means, with respect to any Partner and as of any time of calculation, the amount by which the Partner’s “adjusted tax basis,” for U.S. federal income tax purposes, in the Partner’s Units in the Partnership as of that time (determined without regard to any adjustments made to the “adjusted tax basis” by reason of any Transfer or assignment of Units, including by reason of death, and without regard to such Partner’s share of the liabilities of the Partnership under section 752 of the Code) exceeds the Partner’s Capital Account as of such time. As used in this Section 5.8, the term “Negative Basis Partner” means any Partner who or that withdraws from the Partnership and who or that has a Negative Basis as of the effective date of the Partner’s withdrawal.

  • Interest Rate Basis means the Base Rate or the Eurodollar Basis, as applicable.

  • Cumulative Net Loss Test With respect to any Payment Date, a test that will be satisfied if the Cumulative Net Loss Percentage does not exceed the applicable percentage indicated below: Payment Date occurring in the period Percentage February 2018 to January 2019 0.10% February 2019 to January 2020 0.20% February 2020 to January 2021 0.30% February 2021 to January 2022 0.40% February 2022 to January 2023 0.50% February 2023 to January 2024 0.60% February 2024 to January 2025 0.70% February 2025 to January 2026 0.80% February 2026 to January 2027 0.90% February 2027 to January 2028 1.00% February 2028 to January 2029 1.10% February 2029 to January 2030 1.20% February 2030 and thereafter 1.30% Current Accrual Rate: With respect to each Payment Date and any Reference Obligation, the lesser of (i) the related current Accounting Net Yield; and (ii) the related current mortgage rate thereon (as adjusted for any modifications) minus 0.35%.

  • Fee Basis Amount As of any date of determination, the sum of (a) the Collateral Principal Amount, (b) the Aggregate Principal Balance of all Defaulted Obligations and (c) the aggregate amount of all Principal Financed Accrued Interest.

  • Cumulative EBITDA means, as of any date of determination, EBITDA of the Company from the Existing Notes Issue Date to the end of the Company’s most recently ended full fiscal quarter prior to such date, taken as a single accounting period.

  • Annual Percentage Rate or “APR” of a Receivable means the annual percentage rate of finance charges or service charges, as stated in the related Contract.

  • Cumulative Net Income means, in respect of any Performance Period, the aggregate cumulative amount of the Adjusted Net Income for the calendar or other fiscal years of the Company during such Performance Period.

  • Interest Basis has the meaning given to it in the applicable Final Terms;

  • Individual Case Basis or "ICB" shall have the meaning set forth in Exhibit I.

  • Alternative Base Rate means the rate that has replaced LIBOR in customary market usage for determining floating interest rates in respect of bonds denominated in Dollars or, if the Independent Financial Adviser or the Issuer (in consultation with the Calculation Agent and acting in good faith and a commercially reasonable manner), as applicable, determines that there is no such rate, such other rate as the Independent Financial Adviser or the Issuer (in consultation with the Calculation Agent and acting in good faith and a commercially reasonable manner), as applicable, determines in its or the Issuer’s sole discretion is most comparable to LIBOR. If the Alternative Base Rate is determined, such Alternative Base Rate shall be the Alternative Base Rate for the remaining Interest Periods.

  • Alternate Base Rate means, for any day, a rate per annum equal to the greater of (a) the Prime Rate in effect on such day and (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1%. Any change in the Alternate Base Rate due to a change in the Prime Rate or the Federal Funds Effective Rate shall be effective from and including the effective date of such change in the Prime Rate or the Federal Funds Effective Rate, respectively.

  • Cumulative Loss Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the aggregate amount of Realized Losses incurred from the Cut-off Date to the last day of the calendar month preceding the month in which such Distribution Date occurs and the denominator of which is the Cut-off Date Pool Principal Balance of the Mortgage Loans.

  • Cumulative Retained Excess Cash Flow Amount means, at any date, an amount, not less than zero in the aggregate, determined on a cumulative basis equal to the aggregate cumulative sum of the Retained Percentage of Excess Cash Flow for all Excess Cash Flow Periods ending after the Closing Date and prior to such date.

  • Adjusted One Month LIBOR Rate means, an interest rate per annum equal to the sum of (i) 1.00% per annum plus (ii) the Adjusted LIBO Rate for a one month Interest Period on such day (or if such day is not a Business Day, the immediately preceding Business Day); provided that, for the avoidance of doubt, the Adjusted LIBO Rate for any day shall be based on the Screen Rate at approximately 11:00 a.m. London time on such day.

  • Cumulative Interest Expense means, in respect of any Restricted Payment, the sum of the aggregate amount of Consolidated Interest Expense of the Issuer and the Restricted Subsidiaries for the period from and after January 1, 2005 to the end of the Issuer’s most recently ended fiscal quarter for which internal financial statements are available and immediately preceding the proposed Restricted Payment.

  • 30/360 Basis The accrual of interest calculated on the basis of a 360-day year consisting of twelve 30-day months.

  • Substitute Basis has the meaning specified in Section 2.9(b).

  • Reference Interest Rate means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;

  • Cumulative Consolidated Net Income means, for any period, Consolidated Net Income for such period, taken as a single accounting period. Cumulative Consolidated Net Income may be a positive or negative amount.

  • Cumulative Loss Amount means the sum of the Monthly Loss Amounts less the sum of all Recovery Amounts.

  • Cumulative Excess Cash Flow means the sum of Excess Cash Flow (but not less than zero in any period) for the fiscal year ending on December 31, 2013 and Excess Cash Flow for each succeeding completed fiscal year.

  • Eligible Basis has the meaning given to it in Section 42(d) of the Code.

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.