Variable Component definition

Variable Component means that component of consideration allocable to each Eligible Policy as provided in Section 7.1(b)(ii). Such Variable Component shall be equal to the sum of (i) the Basic Variable Component and (ii) the Additional Variable Component, if any.
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Variable Component. Defined as the component of the Metric Benefit for the Preterm Birth, Healthy Birth Intervals, and Child Injury PFS Metrics that is not contingent upon the achievement of a minimum threshold as defined in Article V.B in this Contract. The dollar amount of the Variable Component of each Metric Benefit shall be determined by the PFS Impact Estimate and the number of Project Participants. The Metric Benefit for each of the PFS Outcome Metrics shall be calculated as follows:
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Variable Component means components that are used as bases in production sharing calculation adjustment as described in Exhibit “F”.
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Examples of Variable Component in a sentence

  • Variable Component Payments by the Agency under the variable operation, maintenance, power, and replacement component of the Transportation Charge shall commence in the year of initial water delivery to the Agency.

  • For the purposes of the Code "Capacity Variable Component" shall mean in respect of a Customer Charge, the component (if any) thereof the amount of which is determined by reference to the amount of Offtake Capacity allocated to a Pipeline User pursuant to Part B.

  • In accordance with the Settlements, the estimated CTC related costs that are reconciled annually are primarily the costs comprising the Variable Component.

  • Thus, there are no credits for unit sales in this subsection of the Variable Component.

  • The Total compensation package for the employees comprises of Fixed and Variable Component.

  • The Variable Component is set forth in Section 1.2 of the CTC formula.

  • FERC approval was received on February 28, 2006.In accordance with the Settlements, the estimated CTC related costs that are reconciled annually are primarily the costs comprising the Variable Component.

  • Each of the Reconciliation Transportation Charge Adjustments for a Day shall be established by multiplying the DM Reconciliation Quantity by the Applicable Commodity Rate(s) of the NTS Commodity Charge, the LDZ Commodity Charge or (as the case may be) the Commodity Variable Component (if any) of the Customer Charge for such Day.

  • User Aggregate Transportation Charge Adjustments in respect of the NTS Exit Commodity Charge, the LDZ Commodity Charge and the Commodity Variable Component of Customer Charges.

  • TABLE O REPAYMENT SCHEDULE--TRANSPORTATION CHARGE [DISTRICT] Year Capital Cost Component Minimum Component Variable Component Total 1* * Year in which State commences construction of Project Transportation Facilities.


More Definitions of Variable Component

Variable Component means technology Controlled by Novartis or any of its Affiliates that Novartis elects to combine with a Licensed ARCUS Nuclease in a Licensed Product. [***]
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Variable Component has the meaning given in Clause 4.2;
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Variable Component means: the component of the remuneration based on performance, including bonuses, premiums and other incentive remuneration schemes;
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Related to Variable Component

  • Principal Component The principal payment plus any interest payments that are either due after the date specified in, or are specified as ineligible for stripping in, the applicable Supplemental Agreement.

  • Class C Component The Component having such designation.

  • Components means articles, materials, and supplies incorporated directly into end products at any level of manufacture, fabrication, or assembly by the Contractor or any subcontractor.

  • Accrual Components As specified in the Preliminary Statement.

  • Interest Component Each future interest payment, or portion thereof, due on or prior to the Maturity Date, or if the Debt Security is subject to redemption or repayment prior to the Maturity Date, the first date on which such Debt Security is subject to redemption or repayment.

  • Class D Component The Component having such designation.

  • Component means an article, material, or supply incorporated directly into an end product.

  • Index Component means those securities, assets or reference values of which the Index is comprised from time to time.

  • Class E Component The Component having such designation.

  • Bearing components means the bearing element, retainer, inner race, or outer race.

  • Class B Component The Component having such designation.

  • Corresponding Component As identified in the Preliminary Statement with respect to any Class of Non-Vertically Retained Principal Balance Certificates or Lower-Tier Regular Interest.

  • Class D Par Value Test means the test which will be satisfied as of any Measurement Date if, on such Measurement Date, the Class D Par Value Ratio is at least equal to the percentage specified in the definition of "Coverage Test".

  • Class C Par Value Test means the test which will be satisfied as of any Measurement Date if, on such Measurement Date, the Class C Par Value Ratio is at least equal to the percentage specified in the definition of "Coverage Test".

  • Structural component means a component that supports non-variable forces or weights (dead loads) and variable forces or weights (live loads).

  • SPS AER Value means the Underlying Reference Value.

  • Vapor balance system means a combination of pipes or hoses which create a closed system between the vapor spaces of an unloading tank and a receiving tank such that vapors displaced from the receiving tank are transferred to the tank being unloaded.

  • Service Component means certain enabling Software, hardware peripherals and associated documentation which may be separately provided by Symantec as an incidental part of a Service.

  • Dilution Volatility Component means the product (expressed as a percentage) of (i) the difference between (a) the highest three (3)-month rolling average Dilution Ratio over the past 12 months and (b) the Adjusted Dilution Ratio, and (ii) a fraction, the numerator of which is equal to the amount calculated in (i)(a) of this definition and the denominator of which is equal to the amount calculated in (i)(b) of this definition.

  • Daily Non-Cumulative Compounded RFR Rate means, in relation to any U.S. Government Securities Business Day during a Floating Rate Interest Period for a Loan (or any part of it), the percentage rate per annum determined by the Facility Agent in accordance with the methodology set out in Schedule 15B (Daily Non-Cumulative Compounded RFR Rate) or in any relevant Compounding Methodology Supplement.

  • Operating parameter value means a minimum or maximum value established for a control device or process parameter that, if achieved by itself or in combination with one (1) or more other operating parameter values, determines that an owner or operator has complied with an applicable emission limit.

  • SBI 1 Year MCLR Rate means 1 year Marginal Cost of Funds Based Lending Rate (MCLR) fixed by State Bank of India (SBI) / any replacement thereof by SBI for the time being in effect applicable for 1 year period, as on 1st April of the respective financial year in accordance with regulations and guidelines of Reserve Bank of India. In absence of such rate, any other arrangement that substitutes such rate as mutually agreed to by the Parties.

  • Class A-2 Component The Component having such designation.