Alternative calculation definition

Alternative calculation means the calculation used under paragraph (d) of this section for the death benefit avail- able to dependents.
Sample 1Sample 2
Alternative calculation means the calculation used in § 110.82(c) of this part for the death benefit available to dependents younger than 18 years old at the time of payment.
Sample 1Sample 2
Alternative calculation means thecalculation used under paragraph (d) of this section for the death benefit available to dependents.
Sample 1

Examples of Alternative calculation in a sentence

  • The Issuer will pay the Cash Alternative Amount, together with any other amount due in satisfaction of the relevant exercise of Investor Cash Settlement Rights, by not later than five Trading Days following the last day of the Cash Alternative Calculation Period by transfer to a euro account with a bank in a city in which banks have access to the TARGET System in accordance with instructions given by the relevant Bondholder in the relevant Conversion Notice.

  • VFSG shall pay the Cash Alternative Amount, together with any other amount as aforesaid, by not later than date falling [***] Business Days following the last day of the Cash Alternative Calculation Period (the “Cash Alternative Payment Date”) by transfer to the USD account of the Bondholder specified in the relevant Exchange Notice.

  • Pursuant to Alternative Calculation II (triggered because the aggregate option grants in the then current Excess Issuance Period exceeds 300,000) the conversion ratio is now 1.524 (16 / 10.50).

  • In this example, neither of the Alternative Calculations would result in a higher conversion ratio, as the general Base Amount is still $13.00 (so Alternative Calculation I has no effect on the conversion ratio) and the aggregate number of shares with respect to which options have been granted in the then current Excess Issuance Period is insufficient to trigger Alternative Calculation II.

  • The Issuer shall pay the Cash Alternative Amount by not later than the fifth Exchange Business Day following the end of the Cash Alternative Calculation Period by U.S. dollar cheque drawn on, or by transfer to an U.S. dollar account maintained by the payee with, a bank in New York City in accordance with instructions contained in the relevant Conversion Notice.

  • Pursuant to Alternative Calculation I, the conversion ratio would be 1.238 (13 / 10.50).

  • Alternative Calculation of Performance Adjustment if Threshold Adjusted EBIT is not Achieved If Adjusted EBIT for the Performance Period is below Threshold, the number of Performance-Adjusted RSUs will equal 34% of the Target number of Performance RSUs if Operating EBITDA for the Performance Period is greater than _____________ of Net Sales for the Performance Period.

  • Alternative Calculation MethodAn individual may satisfy the Minimum Distribution Requirements under Section 408(a)(6) and 408(b)(3) of the Code by taking a distribution from one IRA that is equal to the amount required to satisfy the minimum distribution requirements for two or more IRAs. For this purpose, the owner of two or more IRAs may use the alternative method described in Q&A-9 of Section 1.408-8 of the Income Tax Regulations, to satisfy the minimum distribution requirements described above.

  • The reduction of the general Conversion Price to $9.00 as a result of the sale to the investor results in a lesser increase in the conversion ratio than does Alternative Calculation II.

  • If, pursuant to the Company Calculation or the Alternative Calculation, as the case may be, the Total Liabilities are greater than the sum of (x) the Exercise Price, plus (y) the Short-Term Assets, plus (z) $5,000,000 (the "Measured Assets"), the Cash Amount shall be reduced by the amount of such excess; if the Measured Assets are greater than the Total Liabilities, the Cash Amount shall be increased by the amount of such excess.


More Definitions of Alternative calculation

Alternative calculation is defined in Section 8.7(a).
Sample 1
Alternative calculation means a calculation that is made with alternative methods to verify correctness of another original calculation;
Sample 1

Related to Alternative calculation

  • The calculation date means the first date on which the purchasers of ordinary shares of the Company shall not be granted the rights to receive the dividend payment (the first date that the SET posts XD sign).

  • Rate Calculation Date means the day which is two Rate Calculation Business Days before the due date of the relevant amount under these Conditions;

  • Fixed Rate Calculation Date means, for any Subsequent Fixed Rate Period, the 30th day prior to the first day of such Subsequent Fixed Rate Period.

  • Rate Calculation Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong and New York City;

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.

  • Alternative Benchmark Rate means an alternative benchmark or screen rate which is customarily applied in international debt capital markets transactions for the purposes of determining floating rates of interest (or the relevant component part thereof) in the Specified Currency, provided that all determinations will be made by the Independent Adviser in its reasonable discretion.

  • RMB Rate Calculation Date means the day which is two RMB Rate Calculation Business Days before the due date for payment of the relevant Renminbi amount under the Conditions.

  • RMB Rate Calculation Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong and in New York City.

  • FX Calculation Date means each day on which FX is published by the Fixing Sponsor. "FX Call Event" means each of the following events:

  • Alternative Base Rate means the rate that has replaced LIBOR in customary market usage for determining floating interest rates in respect of bonds denominated in Dollars or, if the Independent Financial Adviser or the Issuer (in consultation with the Calculation Agent and acting in good faith and a commercially reasonable manner), as applicable, determines that there is no such rate, such other rate as the Independent Financial Adviser or the Issuer (in consultation with the Calculation Agent and acting in good faith and a commercially reasonable manner), as applicable, determines in its or the Issuer’s sole discretion is most comparable to LIBOR. If the Alternative Base Rate is determined, such Alternative Base Rate shall be the Alternative Base Rate for the remaining Interest Periods.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Pricing Rate Determination Date means with respect to any Pricing Rate Period with respect to any Transaction, the second (2nd) Business Day preceding the first day of such Pricing Rate Period.

  • Reference mass means the "unladen mass" of the vehicle increased by a uniform figure of 100 kg for test according to Annexes 4a and 8;

  • Fallback Reference Price (if the relevant parties have specified an alternate Commodity Reference Price in the Confirmation);

  • Monthly Report Determination Date The meaning specified in Section 10.7(a).

  • Recalculation Date means the Valuation Date that gives rise to the dispute under Paragraph 5; provided, however, that if a subsequent Valuation Date occurs under Paragraph 3 prior to the resolution of the dispute, then the “Recalculation Date” means the most recent Valuation Date under Paragraph 3.

  • RMB Rate Calculation Agent means the agent appointed from time to time by the Issuer for the determination of the RMB Spot Rate or identified as such in the relevant Final Terms.

  • Interest Calculation Date if applicable, shall have the meaning set forth in the Series Term Sheet.

  • Alternative method means any method of sampling and analyzing for an air pollutant that is not a reference or equivalent method but that has been demonstrated to the satisfaction of the commissioner and the U.S. EPA to, in specific cases, produce results adequate for a determination of compliance.

  • Interest Calculation Period means the interest calculation period set out or referred to in item 5(d) of the Mortgage Form;

  • Determination Notice is defined in Section 6.1(b)(i) of the Agreement.

  • Valuation Notice means the notice given by the Partnership pursuant to Section 8.5(b) or Section 8.6(a) and stating the Initial Value at which a Purchase Right is to be exercised or at which a Repurchase Obligation is to be effected.

  • Rate Determination Notice has the meaning specified in Section 3.07(g).

  • Reset Determination Date means, in respect of the First Reset Period, the second Business Day prior to the First Reset Date, in respect of the first Subsequent Reset Period, the second Business Day prior to the Second Reset Date and, in respect of each Subsequent Reset Period thereafter, the second Business Day prior to the first day of each such Subsequent Reset Period;

  • Calculation Rate For each Distribution Date, in the case of the Class A and Class B Interests, the product of (i) 10 and (ii) the weighted average rate of the outstanding Class A and Class B Interests, treating each Class A Interest as capped at zero or reduced by a fixed percentage of 100% of the interest accruing on such Class.

  • Base Rate Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.