Volume Factor definition

Volume Factor with respect to a KCD-Branded Product Category means the lesser of (i) one, and (ii) a fraction the numerator of which is Buyer’s total sales of KCD-Branded Products comprising the KCD-Branded Product Category and the denominator of which is the Comparable Customers’ total sales of KCD Branded Products comprising the KCD-Branded Product Category. For the purposes of the preceding sentence all sales to other than end-user consumers (i.e., wholesale sales) will be converted to retail-equivalent sales by grossing up the wholesale sales based on Buyer’s weighted average first cost margin for the KCD Category or using such other basis on which Seller and Buyer mutually agree.
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Volume Factor means, as at any date of determination, the ratio of (a) the total volume (in STM-1's) of Capacity sold (excluding sales of fiber pairs) during the previous four quarters (or such shorter period during the first four quarters after the Conversion Date) to (b) the sum of the Projected Volume amounts for such four quarters (or such shorter period during the first four quarters after the Conversion Date).
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Examples of Volume Factor in a sentence

  • By way of example, Variable Rent due on June 1 would be based on the Excess Product Volume Factor calculated for the preceding month of March.

  • Only volumes within the boundaries of the TSC have been considered.2. Totals may not compute exactly due to rounding errors.3. GRV = Gross Rock Volume, NTG = Net To Gross, Sw = Water Saturation, FVF = Formation Volume Factor (rbbl/stb).4.

  • Xxxxx shall pay, for logistical services (the "Scheduling Fee") a single Fee at each base point in an amount determined by the following: (The locations where the Scheduling Fee applies are set out in Exchange Contract Addenda A, B, C or D.) Scheduling Fee = (Daily Volume Factor) X (Price Basis (in $/barrel)) X (Interest Rate/365).

  • The party seeking such change shall provide written notice thereof along with all necessary supporting documentation not less than thirty (30) days prior to the change in the Daily Volume Factor going into effect.

  • The Daily Volume Factor may be changed only upon documentation of changes in Product slates or logistical supply conditions, as further specified in the formula described below.

  • The Daily Volume Factor is equal to the inventory required to handle the requested throughputs less tank bottoms.

  • The Formation Volume Factor values are based on PVT analysis reports of wells BU-1, FQ-1 and AG-1 for Buzurgan, Fauqi and Abu Ghirab Fields, respectively.TABLE 5.1 MISSAN FIELDSOIL IN-PLACE SUMMARYAS OF 31ST DECEMBER, 2011 Field Block Oil Group Reservoirs GRV (Acre-Ft) Notes:1.

Related to Volume Factor

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

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

  • 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:

  • Stress Factor means 2.25.

  • 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;

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

  • 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.

  • Multiplier means the Multiplier specified in the Table.

  • Monthly Volume means the product of the Committed Volume multiplied by the number of days in the relevant month.

  • 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.

  • 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.

  • 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.

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

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

  • VWAP Purchase Share Volume Maximum means a number of shares of Common Stock traded on the Principal Market during normal trading hours on the VWAP Purchase Date equal to: (i) the VWAP Purchase Share Estimate, divided by (ii) the VWAP Purchase Share Percentage (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

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

  • 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.

  • Capacity factor means the ratio of the average load on a machine or equipment for the period of time considered to the capacity rating of the machine or equipment.

  • Minimum Weighted Average Spread Test means a test that will be satisfied on any date of determination if the Weighted Average Spread of all Eligible Collateral Obligations included in the Collateral on such day is equal to or greater than 5.25%.

  • Average VWAP means the average of the VWAPs for each Trading Day in the relevant period.

  • 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.

  • Minimum Weighted Average Coupon Test means a test that will be satisfied on any Measurement Date if the Weighted Average Coupon equals or exceeds 7.0%.