Example 3 definition

Example 3. Same assumed facts as in Example 2. Assume further that the Coverage Ratios of the hospitals and nursing centers that remain subject to this Lease, determined for the four (4) full calendar quarters ending not less than sixty (60) days prior to the assumed Section 16.10.3.1 New Lease Transaction, equal, respectively, 1.575:1 and 1.500:1 and that the Coverage Ratios of the hospitals and nursing centers included in the 25 Leased Properties that were covered by this Lease immediately prior to the aforesaid transaction, for the same period, equal, respectively, 1.500:1 and 1.450:1. In the circumstances of this Example 3, this Section 16.10.3.1 would not apply, and the Section 16.10.1 Number applicable to this Lease would be determined pursuant to Section 16.10.1(a) hereof (because this Lease would then cover 15 Leased Properties), without any adjustment pursuant to this Section 16.10.3.1, because requirement (y) above is not met. The Section 16.10.1 Number for this Lease would equal one (1). For the aforesaid New Lease, for the reasons stated in Example 2, the Section 16.10.1 Number would also equal one (1).
Example 3. Same assumed facts as in Example 1, except assume four (4) Master Lease Leased Properties are subject to continuing Section 16.1(m) and/or Section 16.1(q) Events of Default immediately prior to the assumed Section 40.18 transaction, 2 of which are within the 35 Master Lease Leased Properties Lease A and 2 of which are within the 15 Master Lease Leased Properties Lease B. Immediately following the assumed Section 40.18 transaction, the recombined 50 Master Lease Leased Properties Lease A would have included therein 4 Master Lease Leased Properties that are subject to continuing Section 16.1(m) and/or Section 16.1(q) Events of Default, which number exceeds the Section 16.10.1 Number that would be applicable to the combined 50 Master Lease Leased Properties Lease A pursuant to Section 16.10.1(c) above, but for this Section 16.10.3.2. Requirements (a), (b) and (c) above are met relative to Lease A, and, in addition, Lease A meets the requirements of the proviso at the end of Section 16.10.3.2. Therefore, pursuant to Section 16.10.3.2, the Section 16.10.1 Number that is applicable to the combined Lease A would equal five (5) (i.e. the Section 16.10.3.2
Example 3. If an Event of Default occurs under Section 16.1(q) hereof due to a loss of Medicaid certification at a particular Facility, such Event of Default shall be deemed to be “continuing” for purposes of Section 4.1, Section 16.1(q), Section 16.10, Section 17.1, Section 19.1, Section 25.1.1, Section 25.1.2 and Section 25.1.3 of this Lease, subject, if applicable, to the Section 16.10.2.3 Proviso, unless, prior to termination of this Lease as it applies to such Facility, or dispossession of Tenant from such Facility, as described above, such Facility’s certification for reimbursement under Medicaid is fully restored.

Examples of Example 3 in a sentence

  • One can make up situations like Example 3 in which the country imposing the withholding tax has arguably collected more than its fair share, but they do not happen in practice because they can easily be avoided.

  • Example 3 – no Automatic Early Exercise and no Coupon Amount: The Reference Price of one Underlying Asset for the Valuation Date scheduled to fall on October 24, 2024 is less than its Coupon Level, and the Reference Price of each other Underlying Asset for such Valuation Date is greater than or equal to its respective Autocall Level.

  • The facts are the same as in paragraph (d)(3)(i) of this section (the facts of Example 3), except that XCo only uses the IP in Country X and the 100u of royalties paid to YCo in Year 1 is all attributable to XCo’s use of the IP in Country X.

  • Example 3 Given that the two triangles shown on the top of the next page are similar find the length of the indicated side.Solution Since the two triangles are similar they are scaled versions of each other.

  • Assumption 2 holds with a = n2/6, b = 1 and c = n√2/6 for Example 1, with a = 1/6, b = 1 and c = √2/6 for Example 2 and with a = 1/12, b = 1 and c = √2/36 for Example 3.


More Definitions of Example 3

Example 3. The facts are the same as in Example 1, except that the annual additions of 18 of the 50 employees whose benefits were limited by § 415(c) nevertheless exceeded the maximum limitations under § 415(c) during the 2005 limitation year, and the amount of the excesses ranged from $1,000 to $9,000, and totaled $150,000. Under these facts, taking into account the number of participants affected by the failure relative to the total number of participants who could have been affected by the failure for the 2005 limitation year (and the monetary amount of the failure relative to the total employer contribution), the failure is significant. Accordingly, the § 415(c) failure in Plan A that occurred in 2005 is ineligible for correction under this section 8 as an insignificant failure. Example 4: Employer J maintains Plan C, a money purchase pension plan established in 1992. The plan document satisfies the requirements of § 401(a). The formula under the plan provides for an employer contribution equal to 10% of compensation, as defined in the plan. During its examination of the plan for the 2005 plan year, the Service discovered that the employee responsible for entering data into the employer's computer made minor arithmetic errors in transcribing the compensation data with respect to 6 of the plan's 40 participants, resulting in excess allocations to those 6 participants' accounts. Under these facts, the number of participants affected by the failure relative to the number of participants that could have been affected is insignificant, and the failure is due to minor data errors. Thus, the failure occurring in 2005 would be insignificant and therefore eligible for correction under this section 8. Example 5: Public School maintains for its 200 employees a salary reduction 403(b) Plan (the "Plan") that satisfies the requirements of § 403(b). The business manager has primary responsibility for administering the Plan, in addition to other administrative functions within Public School. During the 2005 plan year, a former employee should have received an additional minimum required distribution of $278 under § 403(b)(10). Another participant received an impermissible hardship withdrawal of $2,500. Another participant made elective deferrals of which $1,000 was in excess of the § 402(g) limit. Under these facts, even though multiple failures occurred in a single plan year, the failures will be eligible for correction under this section 8 because in the aggregate the failures...
Example 3. If an employee has 60 hours of annual leave and the employee has more than 270 hours of accrued vacation hours, the employee may, for example, do any one of the following:
Example 3. A producer produces Good A which is subject to a regional value content requirement of 50 percent. In the production of Good A, the producer uses non-originating Materials A and B whose values are $30 and $68 USD respectively. In addition, the producer uses Material C whose value is $12 and the producer does not want to determine its origin. The transaction value of good A, adjusted to a F.O.B. basis is $222 USD. Provided that the origin of Material C is not determined, in applying the formula, its value would be considered as part of the value of non-originating materials. The formula will be applied as follows: By applying the formula: Then: TV – VNM RVC = 100 TV 222 – (30 + 68 + 12) RVC = x 100 222 RVC = 50.5 percent Since the RVC is 50.5 percent, the good satisfies the RVC requirement and therefore qualifies as originating.
Example 3. If we arrange an investment on your behalf for £50,000 the fee based upon our maximum charge of 4% would be £2,000. Pension Transfer Specialist (PTS) • For defined benefit pension transfers which are referred to one of our Pension Transfer Specialists (PTS) there are two charges:
Example 3. Same assumed facts as in Example 1, except assume four (4) Master Lease Leased Properties are subject to continuing Section 16.1(m) and/or Section 16.1(q) Events of
Example 3. Employee A, whose regular shift is eight (8) hours per day, works for Employee B whose regular shift is ten (10) hours per day during the first pay period of the month and Employee B in turn works for Employee A during the same pay period RESULT- Employee A will receive two (2) hours additional straight time pay and Employee B will receive two hour less straight time pay.
Example 3. If a retiree turns 65 on August 23, 1982, the final payment would have been made in July, 1982.