Share of excess definition

Share of excess means, for a distribution year, the product obtained by multiplying a county's equalization ratio by the difference between the year's fund balance and the sum of the guaranteed shares for all counties. If the sum of the guaranteed shares for all counties exceeds the year's fund balance the share of the excess for all counties is zero.
Sample 1

Examples of Share of excess in a sentence

  • Federal Share of excess cash (D * .90) 1.4 Check List / Questions (Report Page 5) ITEM H.1 Default Rate The default rate is automatically calculated from data reported on page 6.

  • Share of excess return: With reference to the operation mode of market-based equity funds, in order to better promote the function of PICC Capital as a professional alternative investment platform, a certain degree of incentive mechanism is introduced in the Agreement.

  • Figure 1: Geographical distribution of industry employment Figure 2: Share of excess supply and estimated trade costs Figure 3: Sectors’ share of US value-added in tradable industries Figure 4: Tradable service industries’ share of regional value addedA Data Appendix – For Online Publication In this appendix, we provide additional details on the data, sample and measurement.

  • Federal Share of excess cash (D * .90) 1.4 Check List / Questions (Report Page 5) ITEM H.1 Default Rate The default rate is automaticallycalculated from data reported on page 6.

  • Tenant's Proportionate Share of excess Property Expenses for any Lease Year shall be paid in twelve (12) equal monthly installments simultaneously with Tenant's monthly installments of Base Rent in the next succeeding Lease Year.

  • Federal Share of excess cash (D * .90) 1.5 Check List / Questions (Report Page 5) ITEM H.1 Default Rate The default rate is automatically calculated from data reported on page 6.

  • If any such statement shall show an overpayment or underpayment of Tenant’s Proportionate Share of excess Basic Costs for the preceding calendar year, any overpayment shall be refunded to Tenant, provided Tenant is not in default under the terms of this Lease, or otherwise such overpayment shall be credited against payments due from Tenant under this Lease.

  • Federal Share of excess cash (D * .90)1.4 Check List / Questions (Report Page 5)ITEM H.1 Default RateThe default rate is automatically calculated from data reported on page 6.

  • Within thirty business days of receipt of MPS’ written request Contractor will return all documents, records, and copies thereof it obtained during the development of the work product covered by this Contract.

Related to Share of excess

  • rate of exchange shall include any premiums and costs of exchange payable in connection with the purchase of, or conversion into, the relevant currency.

  • Spot Rate of Exchange shall include any premiums and costs of exchange payable in connection with the purchase of, or conversion into, United States dollars.

  • rate(s) of exchange has the meaning specified in Section 1.14.

  • available rate of exchange means the rate at which the Creditor Party concerned is able at the opening of business (London time) on the Business Day after it receives the sum concerned to purchase the Contractual Currency with the Payment Currency. This Clause 21.4 creates a separate liability of the Borrower which is distinct from its other liabilities under the Finance Documents and which shall not be merged in any judgment or order relating to those other liabilities.

  • Agent’s Spot Rate of Exchange means the Agent's spot rate of exchange for the purchase of the relevant currency with the Base Currency in the London foreign exchange market at or about 11:00 a.m. on a particular day.

  • Notice of Exchange means the Notice of Exchange substantially in the form of Exhibit B to this Agreement.

  • Fair Market Value Excess With respect to each Mortgage Loan to be purchased pursuant to Section 10.01(a), the excess, if any, of the Fair Market Value Call Price for such Mortgage Loan, over the Par Call Price for such Mortgage Loan. Any Fair Market Value Excess will not become part of the related Group Available Funds, but shall instead be distributed directly to the Holders of the Class A-LR Certificates pursuant to Section 4.02(g).

  • Adjusted Fair Market Value means, in the event of a Change in Control, the greater of (i) the highest price per Share paid to holders of the Shares in any transaction (or series of transactions) constituting or resulting in a Change in Control or (ii) the highest Fair Market Value of a Share during the ninety (90) day period ending on the date of a Change in Control.

  • Gross Fair Market Value means the value of the assets of the Company, or the value of the assets being disposed of, determined without regard to any liabilities associated with such assets.

  • Ten Percent Owner means an employee who owns or is deemed to own (by reason of the attribution rules of Section 424(d) of the Code) more than 10 percent of the combined voting power of all classes of stock of the Company or any parent or subsidiary corporation.

  • Actual Cash Value means purchase price less depreciation.

  • Actual Cost means the cost of depleted supplies, records storage media costs, actual mailing and alternative delivery costs, or other transmitting costs, and any direct equipment operating and maintenance costs, including actual costs paid to private contractors for copying services.

  • Adjusted Income means, with respect to a HOME Development, the gross income from wages, income from assets, regular cash or noncash contributions, and any other resources and benefits determined to be income by HUD, adjusted for family size, minus the deductions allowable under 24 CFR §5.611.

  • Per Share Fair Market Value has the meaning set forth in Section 13(C).

  • Actual QP Rate of Pay means the rate of pay which will be paid to the Agency Worker if and when s/he completes the Qualifying Period, as set out in any variation to the relevant Assignment Details Form;

  • Total Enterprise Value means the sum of: (i) the product of (A) the Equity Securities Value Per Share of a share of Common Stock not subject to vesting or other restrictions multiplied by (B) the number of outstanding shares of Common Stock, less (y) the number of outstanding shares of Restricted Stock or Other Awards of shares of Common Stock without vesting restrictions, in each case, issued after the date of this Agreement (including outstanding shares of Common Stock resulting from the vesting of such Restricted Stock), and less (z) the number of shares of Common Stock issued by the Company after the date of this Agreement in connection with any merger, consolidation, share exchange or other transaction in which, in each case, the Company acquires voting securities of another Person or all or any portion of another Person’s assets; (ii) for each other class or series of Equity Securities of the Company, if any, the product of (A) Equity Securities Value Per Share for such class or series of such Equity Securities of the Company multiplied by (B) the number of shares of such class or series of such Equity Securities of the Company, less (y) the number of shares of such class or series of such Equity Securities issued under the Plan (or otherwise issued for compensatory purposes) after the date of this Agreement, and less (z) the number of shares of such class or series of such Equity Securities issued by the Company after the date of this Agreement in connection with any merger, consolidation, share exchange or other transaction in which, in each case, the Company acquires the voting securities of another Person or all or any portion of another Person’s assets; and (iii) the principal amount of all outstanding funded indebtedness of the Company as of the last day of the month immediately preceding the date of calculation less the aggregate amount of cash and cash equivalents of the Company (exclusive of funds held on behalf of clients) as of the last day of the month immediately preceding the date of calculation.

  • Highly Compensated Individual means an individual defined under Code Section 125(e), as amended, as a "highly compensated individual" or a "highly compensated employee."

  • Ten Percent Owner Optionee means an Optionee who, at the time an Option is granted to the Optionee, owns stock possessing more than ten percent (10%) of the total combined voting power of all classes of stock of a Participating Company within the meaning of Section 422(b)(6) of the Code.

  • Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.

  • Five Percent Owner means an Employee who, with respect to a Participating Company, is described in section 423(b)(3) of the Code.

  • Intrinsic Loss Estimate means total losses under the shared loss agreements in the amount of One hundred Sixty-eight million dollars ($168,000,000.00).

  • Actual carrier means a person, other than the contracting carrier, who, by virtue of authority from the contracting carrier, performs the whole or part of the carriage contemplated in paragraph (b) but who is not with respect to such part a successive carrier within the meaning of the Warsaw Convention. Such authority is presumed in the absence of proof to the contrary.

  • Not Domestic Currency means any obligation that is payable in any currency other than the Domestic Currency.

  • Notice of Exclusive Control has the meaning given to such term in the Control Agreement.

  • Difference means in an FX and CFD the difference in price upon the opening of a Transaction and the closing of such Transaction.

  • Fair Market Value means, as of any date, the value of Common Stock determined as follows: