Time Factor definition

Time Factor means, as at any date, the number of months (or the fraction of a month calculated to three decimal places) that have lapsed since the Issue Date. The Time Factor shall be calculated on the basis of a 30-day month. For example, if 16 days have lapsed since the Issue Date, the Time Factor equals 16/30 or .533; and if three months and 20 days have lapsed since the Issue Date, the Time Factor equals 3 + 20/30 or 3.667.
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Time Factor in the Examples means the portion of a financial period for which the guaranteed return at the applicable Guaranteed Rate of Return ("GR") or IGR is calculated and accrued.
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Time Factor shall be as follows for each of the following periods: (1) from the end of the Start-Up Period to the first anniversary thereof, 50%; (2) from the first anniversary of the end of the Start-Up Period to the second anniversary thereof, 60%; (3) from the second anniversary of the end of the Start-Up Period to the third anniversary thereof, 70%; (4) from the third anniversary of the end of the Start-Up Period to the fourth anniversary thereof, 80%; and (5) from and after the fourth anniversary of the end of the Start-Up Period, 90%.
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Examples of Time Factor in a sentence

  • All works are fully supervised and executed by Junior Engineer / Assistant Engineer in charge of the work and as regards accountability; he/ she is fully responsible on account of Quality, Quantity, Time Factor, Expenditure, etc.

  • The target Average Below Rail Transit Time Factor is set out below: Coal Target Average Below Rail Transit Time Factor (%) 1 This formula for ATP assumes that, for a Train Service operating in the Central Queensland Coal Region, the Train Service operates within an single Individual Coal System.

  • The Successful Bidder shall augment the manufacturing and supply mechanism of the Laptop Computers accordingly as Time Factor is an important part of this contract.

  • EXAMPLE 1: Reemployment Period=3 yearsOriginal Retirement=9 yearsTotal Service=12 yearsBecause the length of service in the original retirement is more than 5 but less than 10 years of service, the computation method is:1 3/4 percent x Average Salary x Time Factor for 1 year of reemployment service.PLUS2 percent x Average Salary x Time Factor for 2 years of reemployment service.

  • Average Below Rail Transit Time Threshold for a Train Service Type means the maximum Average Below Rail Transit Time Factor for that Train Service Type as specified as such in schedule 6.

  • The Word Error Rate (WER), Real Time Factor (RTF) and other minor statistics are collected.

  • The Time Factor and Stale Probable CauseThe time during which the events set forth in the affidavit occurred is a prime element in determining probable cause for the issuance of a search warrant.

  • EXAMPLE 2: Reemployment Period=3 yearsOriginal Retirement=12 yearsTotal Service=15 years Because the length of service in the original retirement exceeds 10 years of service, the computation method is:2 percent x Average Salary x Time Factor for 3 years of reemployment service.

  • Functionally Graded Materials, Springer.Considering the Time Factor in Longitudinal Fracture Analysis of Functionally Graded ConstructionsV.

  • Appliance Time Factor Operational Time (Hour)1.5Cloth Dryer 1.0 121.5Refrigerator 1.0 241.5Dishwasher 1.0 9 1.


More Definitions of Time Factor

Time Factor means (i) if the Net Worth of PGRT is less than $100,000,000 for at least two (2) consecutive calendar quarters, the number of whole or partial twelve-month periods between the applicable date of determination of the Debt Service Security Amount and January 5, 2013; or (ii) in all other cases, the lesser of (x) the number of whole or partial twelve-month periods between the applicable date of determination of the Debt Service Security Amount and January 5, 2013 and (y) five (5).
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Time Factor means (i) if the equity market capitalization of PGRT is less than $300,000,000 for more than 90 consecutive calendar days, the number of whole or partial twelve-month periods between the applicable date of determination of the Debt Service Security Amount and January 5, 2013; or (ii) in all other cases, five (5).
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Time Factor means, at any time, a fraction, (x) the numerator of which is 365 and (y) the denominator of which is the number of days that have elapsed during the current calendar year.
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Related to Time Factor

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

  • Weighting factor wT for an organ or tissue (T) means the proportion of the risk of stochastic effects resulting from irradiation of that organ or tissue to the total risk of stochastic effects when the whole body is irradiated uniformly. For calculating the effective dose equivalent, the values of wT are:

  • 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.

  • Stress Factor means 2.25.

  • Leverage Factor means the leverage factor in respect of a Series of ETP Securities as specified in the relevant Final Terms.

  • Loss Factor means the scaling factor determined in accordance with clause 7 and applied by the reconciliation manager to volumes of electricity measured or estimated in respect of ICPs on the Network, in order to reflect the impact of the ICP on Losses within the Network;

  • 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.

  • Performance Factor means any matter that could or will significantly affect a party’s ability to fulfill its obligations under this Agreement;

  • Multiplier means 1.0.

  • Adjustment Factor means, with respect to a share of the Fund (or one unit of any other security for which a Fund Closing Price must be determined), 1.0, subject to adjustment in the event of certain events affecting the shares of the Fund. See “—Anti-dilution Adjustments Relating to the Fund; Alternate Calculation —Anti-dilution Adjustments” below.

  • Class Factor As to any date of determination and any Class of Certificates (other than the Interest Only Classes and the Residual Certificates), a fraction the numerator of which is (i) the aggregate of the denominations of all Certificates of such Class plus, in the case of each Accrual Class, all interest that has accrued on the Certificates of such Class prior to such date of determination and been added to the Class Balance thereof, less (ii) the aggregate amount of all Principal Distribution Amounts, if any, allocable thereto prior to such date of determination and the denominator of which is the original Class Balance of such Class. As to any date of determination and any Interest Only Class, a fraction, the numerator of which is the percentage of the balance specified for such purpose under “Reference Sheet–Notional Classes” in the Prospectus Supplement (or, if applicable, the sum of the applicable percentages of the balances so specified) and the denominator of which is the original Class Balance thereof. Code: The Internal Revenue Code of 1986, as amended, including any successor or amendatory provisions.

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

  • Exchange Factor means 1.0; provided, however, that if the General Partner: (a) declares or pays a dividend on its outstanding Common Stock in Common Stock or makes a distribution to all holders of its outstanding Common Stock in Common Stock; (b) subdivides its outstanding Common Stock; or (c) combines its outstanding Common Stock into a smaller number of shares of Common Stock, the Exchange Factor shall be adjusted by multiplying the Exchange Factor by a fraction, the numerator of which shall be the number of shares of Common Stock issued and outstanding on the record date for such dividend, contribution, subdivision or combination (assuming for such purpose that such dividend, distribution, subdivision or combination has occurred as of such time), and the denominator of which shall be the actual number of shares of Common Stock (determined without the above assumption) issued and outstanding on the record date for such dividend, distribution, subdivision or combination. Any adjustment to the Exchange Factor shall become effective immediately after the effective date of such event retroactive to the record date, if any, for such event.

  • Accumulation Period Factor means, for any Collection Period, a fraction with:

  • Applicable Multiplier means, with respect to any Rate Period for any Series of RVMTP Shares, the percentage set forth opposite the applicable credit rating most recently assigned to such Series by the Rating Agency in the table below on the Rate Determination Date for such Rate Period: Long-Term Ratings* Fitch Applicable Multiplier AAA to AA- 100% A+ to A- 000% BBB+ to BBB- 140% *And/or the equivalent ratings of any other Rating Agency then rating the RVMTP Shares utilizing the highest of the ratings of the Rating Agencies then rating the RVMTP Shares.

  • Power Factor means the ratio of usage power measured in kW to total power measured in kVA;

  • Volume Weighted Average Price for any security as of any date means the volume weighted average sale price on The NASDAQ Global Market (“NASDAQ”) as reported by, or based upon data reported by, Bloomberg Financial Markets or an equivalent, reliable reporting service mutually acceptable to and hereafter designated by holders of a majority in interest of the Warrants and the Company (“Bloomberg”) or, if NASDAQ is not the principal trading market for such security, the volume weighted average sale price of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or, if no volume weighted average sale price is reported for such security, then the last closing trade price of such security as reported by Bloomberg, or, if no last closing trade price is reported for such security by Bloomberg, the average of the bid prices of any market makers for such security that are listed in the over the counter market by the Financial Industry Regulatory Authority, Inc. or in the “pink sheets” by the Pink OTC Market, Inc, or in the Over-The-Counter Bulletin Board (“OTCBB”). If the Volume Weighted Average Price cannot be calculated for such security on such date in the manner provided above, the volume weighted average price shall be the fair market value as mutually determined by the Company and the Holders of a majority in interest of the Warrants being Exercised for which the calculation of the volume weighted average price is required in order to determine the Exercise Price of such Warrants. “Trading Day” shall mean any day on which the Common Stock is traded for any period on the OTCBB, NASDAQ, or on the principal securities exchange or other securities market on which the Common Stock is then being traded. For purposes of Rule 144 and sub-section (d)(3)(ii) thereof, it is intended, understood and acknowledged that the Common Stock issuable upon Exercise of this Warrant in a Cashless Exercise transaction shall be deemed to have been acquired at the time this Warrant was issued. Moreover, it is intended, understood and acknowledged that the holding period for the Common Stock issuable upon Exercise of this Warrant in a Cashless Exercise transaction shall be deemed to have commenced on the date this Warrant was issued.

  • Inflation Factor means a number determined for each tax year by dividing the consumer price index for June of the tax year by the consumer price index for June 2005.

  • Performance Factors means any of the factors selected by the Committee and specified in an Award Agreement, from among the following objective measures, either individually, alternatively or in any combination, applied to the Company as a whole or any business unit or Subsidiary, either individually, alternatively, or in any combination, on a GAAP or non-GAAP basis, and measured, to the extent applicable on an absolute basis or relative to a pre-established target, to determine whether the performance goals established by the Committee with respect to applicable Awards have been satisfied:

  • NET INVESTMENT FACTOR The Net Investment Factor is an index applied to measure the investment performance of a Subaccount from one Valuation Period to the next. The Net Investment Factor for any Subaccount for any Valuation Period is determined by dividing (1) by (2) and subtracting (3) from the result, where:

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Target Bonus Percentage means, with respect to any Executive, the target bonus percentage specified for such Executive in his or her Employment Agreement.

  • Moody’s Discount Factor means the discount factors set forth in the Moody's Guidelines for use in calculating the Discounted Value of the Fund's assets in connection with Moody's long-term preferred share ratings of the VRDP Shares at the request of the Fund.

  • Beer retailer means a business that:

  • Index Level means, in respect of any day and subject to Adjustment Provisions: (a) in respect of an Index(other than a Multiple Exchange Index), the closing level of such Indexat the Valuation Time on such day; and (b) in respect of an Index that is a Multiple Exchange Index, the official closing level of the Index on such day at the Valuation Time as calculated and published by the Index Sponsor each as rounded up to four decimal places (with 0.00005 being rounded up), allas determined by the Calculation Agent.

  • Capacity Utilization Factor or “CUF” Shall have the same meaning as provided in CERC (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2009 as amended from time to time.