Example No. 1. If the Shortfall Amount is $1,000,000, the Shortfall Fee will be equal to $1,300,000 x ($1,000,000/$10,000,000), or $130,000, plus interest at 6% per year from the Effective Date.
Example No. 2. If Ground Rent is equal to $41,700 and the Percentage Threshold is $56,700: $56,700 - $41,700 = $15,000 and Percentage Rent of $15,000 is due for that month.
Example No. If an employee, Xxxx Xxx, earnslaccrues three weeks of vacation and twelve days of sick leave each year, then that is the maximum amount that may be claimed during a contract period of one year. If Xxxx Xxx has five weeks of vacation and eighteen days of sick leave at the beginning of the agreement, the Contractor during a one-year agreement term may only claim up to three weeks of vacation and twelve days of sick leave actually used by the employee. Xxxxxxx earnedlaccrued in periods prior to the beginning of the agreement are not an allowable cost.
Example No. If during a single year agreement, Xxxx Xxx works fifty weeks and used one week of vacation and one week of sick leave and all fifty-two weeks have been billed to DHS, the remaining unused two weeks of vacation and seven days of sick leave may not be claimed as an allowable cost.
Example No. 4 — Tracking Account has a negative $1,120,565.35 balance at start of the Year (that is not a leap year or a major maintenance outage year) following the Year described in Example No. 3, with $3,319,373.30 carried over from such preceding Year. [Section 1.47 & 10.15(b)(iv)]. AVCF equals 88.000%. The Facility produces constant NEO of 159,248 kW during each Winter Period hour and 157,153 kW during each Summer Period hour, yielding an ACF of 95.244%, i.e., DC / ((MCS * Hours in the Summer Period) + (MCW * Hours in the Winter Period)). [Section 1.1]
Example No. 1: The “Value” (as defined in the Partnership Agreement) of the Stock (as defined in the Contribution Agreement) at the time that H. Xxxxx Xxxxxx and Xxxxxxx Xxxxxx (collectively, “Knuppe”) tender the Series A Units for redemption is $20.00 per share of Stock, and Parent elects to acquire all of the Tendered Series A Units in exchange for Stock.
Example No. 2: The Value of the Stock at the time that Knuppe tenders the Series A Units for redemption is $5.00 per share of Stock, and Parent elects to acquire all of the Tendered Series A Preferred Units in exchange for Stock. The Series A Preferred Redemption Amount payable with respect to each Series A Unit would be equal to the sum of the Series A Preferred Capital ($116.1639629083) plus the Value of a share of Stock ($5.00), or $121.1639629083. The total cash amount that would be payable with respect to such redemption (but for Parent’s election to issue Stock in exchange for the Series A Units) would be equal to the product of the total number of Series A Units (989,980) multiplied by the Series A Preferred Redemption Amount ($121.1639629083), or $119,949,900.00. Parent would have the obligation to issue 23,989,980 shares of Stock with respect to the redemption. 20,000,000 of the shares of Stock (representing the $100,000,000.00 balance owing under the Promissory Note) would be applied to the satisfaction of the Promissory Note and 3,989,980 of the shares of Stock would be issued to Knuppe. Because the total number of shares being issued is 23,989,980, the Maximum Shares of Stock limitation would not apply. Knuppe would receive consideration in exchange for the Series A Units of $100,000,000 (through the satisfaction of the Promissory Note) plus shares of Stock having a total Value of $19,949,900.00, for total consideration of $119,949,900.00.
Example No. 6: The Parent and Extra Space file for bankruptcy, and the Series A Units are worthless. Knuppe elects to tender the Series A Units for redemption. Because the Series A Units are worthless, they cannot be offset against the outstanding balance on the Promissory Note. Knuppe remains obligated for $100,000,000 on the Promissory Note.
Example No. If during a single year contract, Xxxx Xxx, works fifty weeks and uses one week of vacation and one week of sick leave and all fifty-two of these weeks have been billed to the State, the remaining unused two weeks of vacation and seven days of sick leave may not be claimed as an allowable cost. of California Health Services Agency final submit one original and two (2) copies. The original must bear the original signature of a person authorized to bind the Contractor. The additional copies may bear photocopied signatures. Submission of Final Invoice Pursuant to contract number entered into between the State of California Department of Health Services and the Contractor (identified below), the Contractor does hereby acknowledge that final payment has been requested via invoice , in the of $ and dated . If necessary, enter “See Attached“ in the .appropriate blocks and attach a list of invoice numbers, dollar amounts and invoice dates. By signing this form, and upon receipt of the amount specified in the invoice referenced above, the Contractor does hereby release and discharge the State, its officers, agents and employees of and from any and all liabilities, obligations, claims, and demands whatsoever arising from the above referenced contract. Repayments Due to Audit Exceptions Record Retention By signing this form, Contractor acknowledges that expenses authorized for reimbursement does not guarantee final allowability of said expenses. Contractor agrees that the amount of any sustained audit exceptions resulting from any subsequent audit made after final payment, will be refundedto the State. By signing this form, Contractor certifies under penalty of perjury that [Enter “percentage value” or “zero”] percent of the materials, goods, supplies or products offered or used in the performance of the above referenced contract meets or exceeds the minimum percentage of recycled material, as defined in Public Contract Code Sections 12161 and 12200. Reminder to Return State (If Applicable) (Applies only if equipment was provided by DHS or purchased with or reimbursed by contract funds) Unless DHS has approved the continued use and possession of State equipment (as defined in the above referenced contract) for use in connection with another DHS agreement, Contractor agrees to promptly initiate arrangements to account for and return said equipment to DHS, at expense, if said equipment has not passed its useful life expectancy as defined in the above referenced contrac...
Example No. 1: Example No.2:
