the RAF definition

the RAF. - means the Road Accident Fund, a statutory entity established in terms of section 2(1) of the Road Accident Fund Act, 1996 with its principal place of business at 420 Witch-hazel, Eco Glades 2, Centurion, Pretoria.

Examples of the RAF in a sentence

  • This value shall increase regularly by the same percentage equal to the available COLA per the RAF for the Unit.

  • If a decision is made to reallocate activities within the assigned hours, Section B of the RAF shall be revised accordingly.

  • A yearly allocation of twenty five thousand dollars ($25,000) for unit member travel and attendance for job related workshops and/or conferences shall be allocated from the AFT’s share of the RAF and shall be augmented by one thousand dollars ($1,000) from the District for a total yearly allocation of twenty six thousand dollars ($26,000).

  • The Unions may also establish vending machines in portions of the RAF Building which are not exclusively owned and controlled by the District if the other owners/occupiers do not object.

  • Management positions are funded from the District’s 15% share of the RAF dollars.

  • All youth will be required to sign an agreement of acceptable use terms and conditions prior to using the RAF Mildenhall Youth Programs network resources.

  • In the event CCE and the District agree to the development and implementation of a comprehensive Resource Allocation Formula (RAF) model effective on or after July 1, 2017, CCE/AFT bargaining unit members shall be covered by the RAF.

  • In developing the RAF, the parties took into consideration priorities such as, but not limited to, the following: • Provide for salary and benefit improvements for its employees.

  • New COLA revenue is tied to Base FTES funding, and as “Restoration” provisions protect current year base revenue (excluding deficit factors), it is relatively safe to make financial decisions based on COLA revenue and distribute the funds as part of the RAF agreement during the current year.

  • The following pages provide the RAF revenue and cost related flow charts, RAF details, funding formulas, and cost-out worksheets.

Related to the RAF

  • Applicable Margin means, with respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule.

  • Applicable Margins means collectively the Applicable L/C Margin, the Applicable Revolver Index Margin, the Applicable Term Loan Index Margin, the Applicable Revolver LIBOR Margin and the Applicable Term Loan LIBOR Margin.

  • Original Accrual Rate With respect to each Payment Date and any Reference Obligation, the lesser of (i) the related Accounting Net Yield as of the Cut-off Date; and (ii) the related mortgage rate as of the Cut-off Date minus 0.35%.

  • Original Reference Rate means the originally-specified benchmark or screen rate (as applicable) used to determine the Rate of Interest (or any component part thereof) on the Notes.

  • Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the relevant Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent on the Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards: