Estimation Methodology Sample Clauses

Estimation Methodology. Buyer shall determine in a Commercially Reasonable Manner the quantity of Energy that could not be generated due to compliance with and implementation of the Dispatch Down instruction(s) based on: (i) The power plant controller output data points specified in Exhibit 9 attached hereto, which Seller shall provide to Buyer, on a real time basis, during the Term of this Agreement; (ii) the duration of the Dispatch Down; (iii) the amount of the generating capability of the Facility that is curtailed by the applicable Dispatch Down (e.g. 10% generation capability is curtailed); (iv) the solar exposure, irradiance, and meteorological circumstances actually recorded at the Facility during the Dispatch Down period; and (v) the Facility design, performance capability, and historic performance (the “Estimation Methodology”). Seller shall be responsible for installing and maintaining all equipment necessary to provide Buyer with the power plant controller output data points specified in Exhibit 9 on a real time basis. In the event that the real time data specified in 8.9.3(i) is unavailable historical production data required under Section 9.4.5 shall be used in its place. Absent manifest error, Xxxxx’s calculations of the quantity of Energy that could not be generated due to compliance with and implementation of the Dispatch Down instruction(s) shall govern for purposes of determining Control Compensation.
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Estimation Methodology. Buyer shall determine in a Commercially Reasonable Manner the quantity of Energy that could not be generated due to compliance with and implementation of the Dispatch Down instruction(s) based on: (i) The power plant controller output data points specified in Exhibit 6 attached hereto, which Seller shall provide to Buyer, on a real time basis, during the Term of this Agreement; (ii) the duration of the Dispatch Down; (iii) the amount of the generating capability of the Facility that is curtailed by the applicable Dispatch Down (e.g. 10% generation capability is curtailed); (iv) the solar exposure, irradiance, and meteorological circumstances actually recorded at the Facility during the Dispatch Down period; and
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Estimation Methodology. Rather than estimating single point values, such as in maximum likelihood techniques, Global Trend uses estimates from a range of values. Global Trend uses Bayesian learning techniques to systematically adjust model parameters, markets, and sectors. FORT considers this approach similar to a fund of funds allocator that invests capital across a number of different managers rather than investing all of its capital with a single manager. The learning process favors both winners and losers for allocations. For example, models that underperform recently but perform well over the long-term are candidates for allocation. However, FORT generally limits allocation to recently underperforming models to 20% of the Global Trend portfolio’s overall risk profile.
Sample 1
Estimation Methodology. Rather than estimating single point values, such as in maximum likelihood techniques, Global Contrarian uses estimates from a range of values. Global Contrarian uses Bayesian learning techniques to systematically adjust model parameters, markets, and sectors. FORT considers this approach similar to a fund of funds allocator that invests capital across a number of different managers rather than investing all of its capital with a single manager. The learning process favors both winners and losers for allocations. For example, models that underperform recently but perform well over the long-term are candidates for allocation. However, FORT generally limits allocation to recently underperforming models to 20% of the Global Contrarian portfolio’s overall risk profile. Global Contrarian is adaptive by nature. On a daily basis, new price information is entered into the system and included in the calibration for the next day’s trading signals. Markets evolve and Global Contrarian’s estimated values reflect this new information. Although failure to re-estimate system values by not incorporating new information can lead to a deterioration of the system’s performance, a single day’s information is expected to change the estimated values only marginally. See the Disclosure Document for a more detailed description of the Global Contrarian Program, which is incorporated by reference herein.
Sample 1
Estimation Methodology. For each calendar year, after a Dispatch Down Payment Event occurs during that calendar year, Buyer shall pay Seller starting with the [ ( ) MWh], at the Contract Price for the Product multiplied by the units of Product not generated due to the Dispatch Down instruction(s)Estimation Methodology. Buyer shall determine in a Commercially Reasonable Manner the quantity of Energy that could not be generated due to compliance with and implementation of the Dispatch Down instruction(s) based on: (i) The power plant controller output data points specified in Exhibit 96 attached hereto, which Seller shall provide to Buyer, on a real time basis, during the Term of this Agreement; (ii) the duration of the Dispatch Down; (iii) the amount of the generating capability of the Facility that is curtailed by the applicable Dispatch Down (e.g. 10% generation capability is curtailed); (iv) the solar exposure, irradiance, and meteorological circumstances actually recorded at the Facility during the Dispatch Down period; and (v) the Facility design, performance capability, and historic performance (the “Estimation Methodology”). Seller shall be responsible for installing and maintaining all equipment necessary to provide Buyer with the power plant controller output data points specified in Exhibit 96 on a real -time basis. In the event that the real time data specified in 8.9.36.2(i) is unavailable historical production data required under Section 9.4.5 shall be used in its place. Absent manifest error, Xxxxx’s calculations of the quantity of Energy that could not be generated due to compliance with and implementation of the Dispatch Down instruction(s) shall govern for purposes of determining Control Compensation.
Sample 1
Estimation Methodology. A conventional Inverse Distance Squared (IDS) interpolation method with an unfolding methodology was used to estimate Mn%, Al2O3%, Fe%, SiO2%, P2O5%, CaO%, MgO%, BaO%, S%, TiO2%, Pb% and LOI%. No grade capping was applied. Search ellipses applied in the estimate were based on a combination of variography and drill hole spacing and the interpreted geological continuity and orientation of the deposits. The search ellipse had radii of 75m by 75m by 7.5m vertically. A minimum of 2 samples and a maximum of 20 samples was required in the search, with a maximum of 4 samples per drill hole allowed. All mineralised blocks were informed in this search ellipse A density of 2.8 t/m3 has been applied to calculate resource tonnages. This was based on specific gravity test work on core and from experience and knowledge of manganese deposits in the district. A typical section through the resource model showing Mn grade is illustrated below as Figure 3. Resource classification is based on information and data provided from the Spitfire database. Descriptions of drilling techniques, survey, sampling/sample preparation, analytical techniques and database management validation provided by Spitfire indicate that data collection and management is well within industry standards. Widenbar and Associates Pty Ltd (Widenbar) considers that the database represents an accurate record of the drilling undertaken at the project. Based on the data integrity, geological knowledge and estimation processes, the Contact Deposit Resource Estimate has been assigned to the Inferred Category as defined by the 2012 edition of the JORC code.
Sample 1

Related to Estimation Methodology

  • Methodology 1. The price at which the Assuming Institution sells or disposes of Qualified Financial Contracts will be deemed to be the fair market value of such contracts, if such sale or disposition occurs at prevailing market rates within a predefined timetable as agreed upon by the Assuming Institution and the Receiver. 2. In valuing all other Qualified Financial Contracts, the following principles will apply:

  • Allocation Method (Choose one of a. or b.): a. [ ] All the same. Using the same allocation method as applies to the Signatory Employer under this Election 28. b. [ ] At least one different. Under the following allocation method(s): .

  • Construction Methods 3.1 The Contractor shall provide all tools, equipment, materials, labor and work for the excavation and removal of the unsuitable subgrade soils and their subsequent replacement with the specified backfill soils as directed by the Owner’s representative. All work under this item shall be performed in a safe and workmanlike manner. 3.2 All work shall be performed in accordance with DelDOT Standard Specifications Section 821. 3.3 Following the removal of existing pavements, the Owner’s representative will review the exposed subgrade and provide recommendations for the undercutting of unsuitable subgrade materials as required. The depth and extent of undercut excavation, if required, will be determined by the Owner’s representative at the time of excavation. 3.4 All excavated materials shall become the property of the Contractor and be removed from the site at the completion of the project at no additional expense to the Owner. 3.5 Undercut excavations should be backfilled with graded aggregate. Backfill shall be placed in loose lifts not exceeding 8 inches thick. Each lift should be compacted with at least 3 passes of a minimum 5-ton, walk-behind or self-propelled vibratory roller when the size of the area permits, or with a vibrating plate mechanical compactor for smaller areas. Lift thickness shall be reduced to 6 inch loose lift when using a vibratory plate compactor. 3.6 The Contractor shall take precautions as necessary to minimize the potential for disturbance or softening of the pavement subgrade materials from inclement weather or construction traffic. As a minimum, this shall include the placement of backfill on the same day as the excavation. Any soft areas which develop shall be undercut and replaced with graded aggregate at no additional cost to the Owner. 3.7 Where undercutting is performed, the geotextile fabric shall be installed. The fabric should be pulled tight and lapped a minimum of 12 inches.

  • Claims Review Methodology ‌‌ a. C laims Review Population. A description of the Population subject‌‌ to the Quarterly Claims Review.

  • Underwriting Methodology The methodology used in underwriting the extension of credit for each Mortgage Loan employs objective mathematical principles which relate the related Mortgagor's income, assets and liabilities to the proposed payment and such underwriting methodology does not rely on the extent of the related Mortgagor's equity in the collateral as the principal determining factor in approving such credit extension. Such underwriting methodology confirmed that at the time of origination (application/approval) the related Mortgagor had a reasonable ability to make timely payments on the Mortgage Loan;

  • Balance Computation Method For all dividend-bearing Accounts, dividends are calculated by the average daily balance method which applies a daily periodic rate to the average daily balance for the average daily balance calculation period. The average daily balance is determined by adding the full amount of the principal in Your Account for each day of the period and dividing that figure by the number of days in the period. Accrual on Noncash Deposits. For dividend-bearing Accounts, dividends will begin to accrue on the business day that You deposit noncash items (e.g. checks) into Your Account.

  • Service Providing Methodology 1.3.1 Party A and Party B agree that during the term of this Agreement, where necessary, Party B may enter into further service agreements with Party A or any other party designated by Party A, which shall provide the specific contents, manner, personnel, and fees for the specific services. 1.3.2 To fulfill this Agreement, Party A and Party B agree that during the term of this Agreement, where necessary, Party B may enter into equipment or property leases with Party A or any other party designated by Party A which shall permit Party B to use Party A’s relevant equipment or property based on the needs of the business of Party B. 1.3.3 Party B hereby grants to Party A an irrevocable and exclusive option to purchase from Party B, at Party A’s sole discretion, any or all of the assets and business of Party B, to the extent permitted under PRC law, at the lowest purchase price permitted by PRC law. The Parties shall then enter into a separate assets or business transfer agreement, specifying the terms and conditions of the transfer of the assets.

  • Payment Methodology The Contractor shall be compensated based on the Service Rates in Attachment for units of service authorized by the Institution in a total amount not to exceed the Contract Maximum Liability established in Section C. 1. The Contractor’s compensation shall be contingent upon the satisfactory completion of units of service or project milestones identified in Attachment B. The Contractor shall submit invoices, in form and substance acceptable to the Institution with all of the necessary supporting documentation, prior to any payment. Such invoices shall be submitted for completed units of service or project milestones for the amount stipulated.

  • METHODS OF CALCULATION 224. Bi-Weekly. An employee whose compensation is fixed on a bi-weekly basis shall be paid the bi-weekly salary for his/her position for work performed during the bi-weekly payroll period. There shall be no compensation for time not worked unless such time off is authorized time off with pay.

  • Accounting Methods Implement or adopt any change in its accounting principles, practices or methods, other than as may be required by generally accepted accounting principles.

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