Calculated Amount means the difference between (i) the actual payment made by each Class Member during the period in which the Class Member was enrolled in a Viridian variable rate electricity and/or gas plan during the Class Period based on Viridian’s records (or reasonable, good-faith estimates where records are incomplete or anomalous), and (ii) the amount the Class Member would have paid during that same period if the Class Member paid the relevant public utility Price to Compare (“PTC”), plus one cent ($0.01) per kilowatt hour/therm, plus a twenty percent (20%) margin. The one-cent ($0.01) addition reflects an estimated average premium charged by public utilities for green energy.
Calculated Amount is the difference between the (i) actual payment made by each Class Member during the period in which the Class Member was enrolled in a Viridian variable rate electricity and/or gas plan during the Class Period based on Viridian’s records (or reasonable, good-faith estimates where records are incomplete or inconsistent), and (ii) amount the Class Member would have paid during that same period if the Class Member paid the Price to Compare (“PTC”), plus one cent ($0.01) per kilowatt hour/therm, plus a 20% margin. The PTC is a good faith estimate of the price that the customer’s relevant public utility would Exhibit C – Viridian Settlement Agreement Long Form Notice for Above Average Usage Class have charged for the supply portion of the electric or gas service, based on reasonably available information. The PTC will be based on a weighted average price per therm or kilowatt hour charged by the relevant public utility for the duration of the period in which the Class Member was enrolled in a Viridian variable rate electricity and/or natural gas plan during the Class Period. The one- cent addition reflects an estimated average premium charged by public utilities for green energy.
Calculated Amount has the meaning set forth in Section 8.3 hereof.
Examples of Calculated Amount in a sentence
Ipsen paid fees according to the number of attendees- Calculated Amount = (Actual cost / Actual number of attendees, including Ipsen staff and non HCP attendees)- Disclosure: Calculated Amount, disclosed on actual attendees.- Example: A meeting is organized with 11 HCPs and 2 Ipsen staff.
The costs of “no-shows” (occurring when a HCP fails to attend a meeting they were supposed to) - Two situations can occur:1 Ipsen booked and paid in advance for a forecasted number of HCPs/HCOs- Calculated Amount = (Actual cost / Forecasted number of attendees, including Ipsen staff and non HCP attendees)- Disclosure: Calculated Amount, disclosed on actual attendees- Example: Ipsen has paid in advance 100€ for 8 HCPs and 2 Ipsen staff.
The costs of “no-shows” (occurring when an HCP fails to attend a meeting they were supposed to) - Two situations can occur:1 Ipsen booked and paid in advance for a forecasted number of HCPs/HCOs- Calculated Amount = (Actual cost / Forecasted number of attendees, including Ipsen staff and non-HCP attendees)- Disclosure: Calculated Amount, disclosed on actual attendees- Example: Ipsen has paid in advance 100€ for 8 HCPs and 2 Ipsen staff.
Class Members who elect the Billing Credit Option, but whose Calculated Amount is zero dollars ($0.00) or less, will be provided the Cash Benefit Option described above.
Members Accounts shall be entitled to a Benefit equal to the greater of Ten Dollars ($10.00) or 65% of the Calculated Amount (“Above Average Usage Benefit”).
More Definitions of Calculated Amount
Calculated Amount means an amount calculated in accordance with subsection 42(4);
Calculated Amount means, with respect to any Class B Member, and at any time of determination, (other than as set forth in the last sentence of this definition), $*****, minus (a) all cash flows distributed to the Class B Member by the Company, minus (b) the tax savings from tax losses or deductions allocated to the Class B Member including tax savings that have accrued in any Tax Year but have not yet been paid , minus (c) all other cash flows distributed or paid by the Company, the Class A Member or otherwise, to the Class B Member (including proceeds of the Cash Grant) and any other distributions under Section 6.1 of the Company LLC Agreement), minus (d) any indemnity payments made by the Class A Member to the Class B Members that compensate for loss of any item listed in the foregoing clauses (a), (b), and (c), plus (e) the tax detriment from any taxable income or gain allocated to the Class B Member by the Company and any gain recognized by the Class B Member pursuant to section 731(a) of the Code, including any tax detriment or tax gain that have accrued in any Tax Year but have not yet been paid, minus (f) the tax savings from the Utah PTCs allocated to the Class B Member (without duplication of any amounts already accounted for in clause (b) hereof), plus (g) the Total Equity Capital Contribution Amount. Notwithstanding the previous sentence, in the event the Calculated Amount is being determined concurrently with the sale of the Project by the Project Company to SCPPA pursuant to section 2.5(h) of the PPA, the figure “$*****” in the previous sentence shall be reduced (but not below zero) so that, when all distributions and allocations to the Class B Member under ARTICLE V, VI or X, as the case may be, are accounted for as of the date of such sale, the sum of all items in clauses (a) through (f) after subtracting the Total Equity Capital Contribution Amounts is not greater than $***** in the aggregate; provided, however, that the adjustment in this sentence shall not result in the Class B Member receiving aggregate distributions and allocations pursuant to the LLC Agreement in an amount less than 5% of the total distributions and allocations under the LLC Agreement, when measured from the Initial Closing Date through the date on which the Project is sold to SCPPA. The Calculated Amount will be calculated using the assumptions and conventions described in Section 6.6 of the Company LLC Agreement (including the Fixed Tax Assumptions).
Calculated Amount means the fair market value of all Forest Securities beneficially owned by High River and its subsidiaries (which, for the avoidance of doubt, do not include the Excluded Securities) on the Final Date (as determined by High River). For this purpose the “fair market value” of one share of Forest common stock shall mean and be equal to, the average closing price of Forest common stock on the primary market on which such common stock is traded on the 20 trading days immediately prior to the Final Date (such average to be determined by adding together all 20 such closing prices and dividing by 20).
Calculated Amount means the amount of a particular BD Fee payable to a particular Broker-Dealer calculated by XxxXxx from Source Data on the basis of Parameter values set by the Client and without reference to any Invoice.
Calculated Amount means $4,115,000 less the following: (1) distributions to iDL Inc. shareholders for 2004 estimated income tax liabilities, (2) all expenses, incurred in 2004, including professional fees and costs, in connection with the formation of Seller, (3) all expenses, incurred in 2004, including professional fees and costs, associated with the proposed PNC financing with respect to Seller, (4) all expenses, incurred in 2004, including professional fees and costs, associated with the transactions contemplated by this Agreement and the Collateral Agreements, and (5) the $1,000,000 intercompany loan made by iDL Inc. to Seller, which $1,000,000 was subsequently loaned by Seller to BRR Inc. and then distributed by BRR Inc. to certain shareholders and employees. Notwithstanding subsection 1.2(a)(i) above, Seller shall transfer to Buyer $2,000,000 in cash and cash equivalents, and the cash and cash equivalents which are the Excluded Assets described in such subsection above shall only be any cash and cash equivalents in excess of such $2,000,000 amount (such cash and cash equivalents which are in excess of such $2,000,000 amount are referred to herein as the "Excess Cash and Cash Equivalents"). If Excess Cash and Cash Equivalents of Seller are not sufficient to equal the Calculated Amount, then certain trade accounts receivable to be agreed upon by Seller and Buyer (the "Retained Accounts Receivable") shall also be Excluded Assets, such that the Excess Cash and Cash Equivalents plus such Retained Accounts Receivable on the Closing Date shall equal the Calculated Amount. If the Excess Cash and Cash Equivalents of Seller exceed the
Calculated Amount means, at any time, (i) the indebtedness of the Company (including without limitation amounts outstanding under the Subordinated Convertible Note) other than trade debt and any amounts outstanding under the Note, (ii) less the cash balances of the Company, (iii) plus $137,500.
Calculated Amount shall have the meaning set forth in Section 8.01.