Basis of Determination Sample Clauses

Basis of Determination. The number of Performance Awards payable to the Participant (and any Performance Awards credited as dividend equivalents thereon) shall be determined on the basis of the extent to which the Performance Targets for each of the Performance Criteria have been achieved. The number of Performance Awards payable to the Participant shall be equal to the sum of the number of Performance Awards payable to the Participant with respect to each Performance Criteria, together with any dividend equivalents credited on such Performance Awards. The number of Performance Awards payable with respect to each Performance Criteria shall be equal to the Target Performance Award for such Performance Criteria multiplied by the Payout Percentages set forth in Exhibit A for such Performance Criteria, together with any dividend equivalents credited on such Performance Awards.
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Basis of Determination a. Teachers who desire to bid or make application for the vacancy shall submit a written request to the Superintendent and Building Principal. b. Teachers under regular contract will be given first consideration over applicants outside the school district when filling a vacancy. This will include those teachers who have requested a change or transfer for the vacant position in writing in accordance with Paragraph B, below.
Basis of Determination. The seniority of all employees shall be based on the date of hire, as per the January posted seniority list in each year (list attached). When two (2) or more employees are hired on the same date, seniority shall be determined by the date of the first shift worked. If employees start on the same shift on the same day, seniority will be determined by the draw from a hat, by the Unit Chairperson with the Administrator in attendance.
Basis of Determination. The rent payable to Assets Sino HK under the Tenancy Renewal Agreement is based on the amount of rent payable under the Office Premises Tenancy Agreement, which was determined after arm’s length negotiation between the parties with reference to the prevailing market rent for properties of similar use.
Basis of Determination. The annual rent payable by the Group in each of the Lease Renewal Agreements has been determined with reference to the prevailing market rates of leasing similar properties in the locality from the Independent Third Parties. Xxxxx Xxxxxxx Appraisal Limited, a firm of professional surveyors and valuers independent of the Group, has reviewed the annual rent payable by the Group under each of the Lease Renewal Agreements and has confirmed that it is fair, reasonable and is consistent with the prevailing market rates of similar properties in the locality.
Basis of Determination. Based on the sales record of imported Volkswagen automobiles across the PRC and in different regions, the annual caps for prior years, and the actual transaction quantity and amount, the Group estimates the annual caps of sales or purchase of imported Volkswagen automobiles and related spare parts to or from Yangzhou Sunfonda for the period from 2020 to 2022. The transaction amount includes the transaction amount of automobiles and spare parts. The automobile transaction quantity is determined with reference to the actual transaction quantity in the prior years and the expected sales volume of imported Volkswagen automobiles across the PRC in the future. The transaction prices between the Group and Yangzhou Sunfonda are equivalent to the transaction prices between the Group and Volkswagen Group Import (China) Co., Ltd. and there is no price difference between them, and the prices at which the Group sells or purchases imported Volkswagen automobiles and related spare parts to or from Yangzhou Sunfonda are also equivalent to the transaction prices with any independent third party. Firstly, the Group has established years of cooperation relationship with Yangzhou Sunfonda. Their cooperation over the years has deepened the mutual understanding between the Group and Yangzhou Sunfonda and has thus laid a good foundation for cooperation. Secondly, the business in Jiangsu region, where Yangzhou Sunfonda operates, is growing rapidly with dense network of dealership outlets. Two of the Company’s subsidiaries, both of which are dealers of imported Volkswagen automobiles, are located in Jiangsu region, which is also the region where Yangzhou Sunfonda is located. In the automobile sales industry, popular car models vary across different cities, the Group can broaden the automobile sales channels, increase sales volume and reduce inventory pressure through adjustment of car models. In order to avoid the negative effect of excessive inventories to the Company and its Shareholders, the Group sells a portion of imported Volkswagen automobiles to Yangzhou Sunfonda every year. Meanwhile, in selling imported Volkswagen automobiles of the Group, the Group may purchase such models not in its inventory from the nearby Yangzhou Sunfonda to meet the immediate needs of its customers in a timely manner, thus capturing more business opportunities. Resource allocation of new automobiles and marketability of dealers differs from region to region. Such trans-regional purchases of new au...
Basis of Determination. Each affected and unaffected Enforceable Coastal Policy should be addressed as relevant or not relevant in the Federal Coastal Consistency Determination. a. General Policies i. Core Policies ii. Water Quality iii. Flood Hazards
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Basis of Determination. Existing employees’ seniority is based on the agreed to attached seniority list. The seniority of any future employee in relation to any other employee or all or any group of employees in the bargaining unit shall be determined on the basis of the length of employment of such employee. Where two (2) or more employees are hired on the same date, seniority shall be determined by the date of the employeesfirst shift worked. If both employees start on the same shift, seniority will then be determined by alphabetical order of last name.
Basis of Determination. If the President determines that a poten- tially responsible party is not eligible for set- Page 6263 TITLE 42—THE PUBLIC HEALTH AND WELFARE § 9622 tlement under this subsection, the President shall provide the reasons for the determina- tion in writing to the potentially responsible party that requested a settlement under this subsection.
Basis of Determination. If the President determines that a poten- tially responsible party is not eligible for set- tlement under this subsection, the President shall provide the reasons for the determina- tion in writing to the potentially responsible party that requested a settlement under this subsection.
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