Pay factor definition

Pay factor means the calculated proportion of the whole payment to be paid to the Contractor subject to conformance with this document.
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Examples of Pay factor in a sentence

  • Since the Combined Total Base Liability Amount is being reduced under the Ability to Pay factor, the Los Angeles Water Board Prosecution Team has elected not to increase the Combined Total Base Liability Amount in consideration of the costs of investigation and enforcement costs incurred in prosecuting this matter.

  • In such case and also under paragraph 16.4.4.1, the Contractor will submit in a form prescribed by the Director an itemized cost breakdown together with supporting data 16.4.5 Pay factor adjustments will be adjusted in accordance with details outlined in EXHIBIT H, Special Conditions.

Related to Pay factor

  • Fit factor means a quantitative estimate of the fit of a particular respirator to a specific individual, and typically estimates the ratio of the concentration of a substance in ambient air to its concentration inside the respirator when worn.

  • Interest Factor means monthly compounding, discounting or annuitizing, as applicable, at a rate set forth in Exhibit A.

  • Load factor means the percentage of aircraft seats actually occupied on a flight (RPMs divided by ASMs). “NMB” means the National Mediation Board.

  • Class Factor As to any date of determination and any Combinable Class, the then current Class Factor for the Related REMIC Class. As to any date of determination and any RCR Class, a fraction the numerator of which is the sum of the then current Class Balances of

  • Note Factor means, with respect to the Notes or any Class of Notes on any Payment Date, a six-digit decimal figure equal to the Note Balance of the Notes or such Class of Notes, as applicable, as of the end of the preceding Collection Period divided by the Note Balance of the Notes or such Class of Notes, as applicable, as of the Closing Date. The Note Factor will be 1.000000 as of the Closing Date; thereafter, the Note Factor will decline to reflect reductions in the Note Balance of the Notes or such Class of Notes, as applicable.