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.

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).

Examples of Time Factor in a sentence

All regular and temporary part-time employees shall receive for the day on which a holiday is observed pay for a normal daily tour of a comparable full-time employee multiplied by the part-time employee's "Part Time Factor" as defined in Article 40, Section 7B.
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.
OTHER SUPPLEMENTS Time Factor Per Total Factor For Month Over Responsibility More Than Ten (10) Months Factor Ten (10) Months 11 mo.
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 target Average Below Rail Transit Time Factor is set out below: 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 parties agree that the Performance Criteria targets described in Section 2, above, shall be calculated for each Performance Period during the term of this Agreement and shall be equal to the weighted average results (with a [*] weighting given to the Completion Factor, a [*]weighting given to the On Time Factor and a [*] weighting given to each of the other Factors) of Midwest for each of the Performance Criteria for such Performance Period (“Midwest Actual Performance”).
T = Time Factor: An amount computed by multiplying (B + R) by the ratio of the number of additional working days to the number of duty days included in the school year.
If the Date of Termination occurs after a Change of Control, the Time Factor shall be three (3).
Time Factor _____ Total Factors _____ Responsibility _____ Sports Coaches _____ Experience _____ Location of Activity _____ Time Commitment _____ This contract is subject to the statutes of the Commonwealth of Massachusetts, the rules and regulations of the School Committee, and the Master Agreement between the School Committee and the ▇▇▇▇▇▇ Teachers' Association.
Accordingly, notwithstanding anything to the contrary contained herein, Subadvisor or its Affiliate (as applicable) shall be required to sell its Holdings Interest, free and clear of all liens, to Advisor or its Affiliate (as applicable) at the Fair Market Value multiplied by the Time Factor thereof in cash.

More Definitions of Time Factor

Time Factor means Xn, where X equals 1.1 and n equals the number of anniversaries since the Agreement Date.

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).

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%.

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.