Payment Factor definition

Payment Factor means the number of complete years, subject to a minimum of 12 and a maximum of 24, that you have been a full time employee of the Company.

Payment Factor for this Note means 3.0698%.

Payment Factor. The factor shown on the Contract Schedule which is used on the Annuity Calculation Date to calculate the first annuity payment. PORTFOLIO: A segment of an Eligible Fund which constitutes a separate and distinct class of shares.

Examples of Payment Factor in a sentence

• The Repair Payment Factor shall be as agreed to by Owner and CAISO.

• If Owner and CAISO do not agree on the Repair Payment Factor, the Repair Payment Factor shall equal the Fixed Option Payment Factor, unless the Owner demonstrates in ADR that it would not have made the proposed Repair in accordance with Good Industry Practice but for its obligations under this Agreement, in which case the Repair Payment Factor shall be as determined in ADR.

• The Percent of Original Cost shall be the Per Payment Factor multiplied by the number of lease payments Lessor has received from Lessee during the Initial Term subtracted from 112 and then divided by 100.

• The Per Payment Factor is the sum of 112 multiplied by 0.8 divided by the number of Monthly Lease Charges that are due during the Initial Term (collectively, the sum of (i) plus (ii) shall be the “Casualty Loss Value”).

• If the Spousal Continuation Payment Factor is equal to zero, withdrawals taken to meet Required Minimum Distribution requirements with respect to this contract will be deemed to be within the Withdrawal Limit for purposes of the rider.

More Definitions of Payment Factor

Payment Factor means the percentage amounts set forth in Schedule I for allocation of the Purchase Price among the Shareholders.

Payment Factor means 2.676%, subject to adjustments in the Basic Rate in the event the Prime Rate is greater than 5.00% on the date of determination.

Payment Factor for each Interest Period is $0.20, subject to adjustment for any stock dividends on or any subdivisions, combinations or reclassifications of shares of the Common Stock. Such adjustments shall be made in a manner inversely proportional to the corresponding adjustments to the Conversion Rate for such events pursuant to Section 11.11.

Payment Factor for this Note means 2.3150%, subject to adjustments to Basic Rate.

Payment Factor means the percentage factor identified in Section 4.1(b) which when multiplied against the Gross Revenues for a particular accounting period produces the Quarterly Payment.

Payment Factor means for any particular Advance, 3.0913%.

Payment Factor for this Note means [3.0484%], subject to changes in Basic Rate.