Extrapolation Sample Clauses

Extrapolation. To predict a future zero crossing, the zero crossing function f must be ex- trapolated. For first order extrapolation,
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Extrapolation. With respect to any Lease Year in which the Building or Building Portion A is not 95% occupied, the Operating Costs which vary based on the occupancy of the Building shall, for the purpose of determining Operating Costs, be increased for such period to the amount which would have been incurred had the Building or Building Portion A, as the case may be, been 95% occupied. D.
Extrapolation. Follow the procedures found in PIM 3.10 and Exhibits 9-12, as well as MMA Section 935(a), regarding the use of extrapolation.
Extrapolation. Can information from bulk or other nanomaterials be used? 20
Extrapolation. Following an audit, the IMI JU services will indicate in the final report whether the possible errors detected during the audit are of a systemic nature, i.e. if they are such that it is reasonable to assume that they affect not only the IMI grant agreement actually audited, but also other IMI grant agreements where the audited entity participates. If there are errors of systemic nature, the letter of conclusion accompanying the final audit report will require the beneficiaries to apply the findings of the audit and to correct the errors in all IMI JU projects by re-submitting within a given deadline the financial statements of all projects where the audited entity participates. These revised financial statements should take into account the conclusions of the audit. The beneficiary will have the possibility of explaining why the audit findings should not be extrapolated to other IMI grant agreements. Should the beneficiary not react, the IMI JU may suspend all payments owed to this beneficiary until the revised cost statements are submitted, and follow-up audits of the beneficiaries may be carried out by the IMI JU.
Extrapolation. Following an audit, the Commission services will indicate in the final report whether the possible errors detected during the audit are of a systematic nature, i.e. if they are such that it is reasonable to assume that they affect not only the Grant Agreement actually audited, but also other GA where the audited entity participates. If there are errors of systematic nature, the letter of conclusion accompanying the final audit report will require the beneficiaries to apply the findings of the audit and to correct the errors in all FP7 projects by re-submitting within a given deadline the financial statements of all projects where the audited entity participates. These revised financial statements should take into account the conclusions of the audit. The beneficiary will have the possibility of explaining why the audit findings should not be extrapolated to other GA. Should the beneficiary not react, the Commission may suspend all FP7 payments owed to this beneficiary until the revised cost statements are submitted, and follow-up audits of the beneficiaries' GA may be carried out by the Commission. The Commission has adopted in December 2009 a Communication regarding simplification of the recovery process in the framework of the implementation of the audit strategy under the Framework Programmes. The Communication permits the use of flat rate corrections based on the average error rates observed in the audited projects to establish the amounts to be recovered; in that way, the extrapolation exercise can be now performed without examining each non-audited periods of projects or even without re-calculating the sums claimed. The calculation of the actual debt can be made on the basis of one of the following methods: - Method 1: where the audit has identified the existence of a systematic error, the beneficiary shall precisely recalculate the costs affected by the systematic error in each of the non- audited projects/periods and report the corresponding adjustments to the Commission in due form. - Method 2: however, with the aim to simplify extrapolation the beneficiary may choose to adjust the individual cost category (personnel, subcontracting, other costs, indirect costs,.) affected by the systematic error by the application of a flat-rate correction. The flat-rate corresponds to the average of the individual systematic error in a given cost category identified in the audited projects/periods. - Method 3: the beneficiary may also opt to apply an overall fla...

Related to Extrapolation

  • Cost of Metering The Issuer shall not be obligated to pay any costs associated with the routine metering duties set forth in this Section 2, including the costs of installing, replacing and maintaining meters, nor shall the Issuer be entitled to any credit against the Servicing Fee for any cost savings realized by the Servicer as a result of new metering and/or billing technologies.

  • Calculation Any figure or percentage referred to in this Agreement shall be carried to seven decimal places.

  • TAX ESCALATION 32.01 Tenant shall pay to Landlord, as Additional Rent, tax escalation in accordance with this Article:

  • 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.

  • Contract Schedule The information set forth in the Contract Schedule is true and correct.

  • Escalation If parties are unable to resolve the issue in a timely manner, as specified above, either Sourcewell or Supplier may escalate the resolution of the issue to a higher level of management. The Supplier will have 30 calendar days to cure an outstanding issue.

  • Measurement Should the State terminate this contract as herein provided, no fees other than fees due and payable at the time of termination shall thereafter be paid to the Engineer. In determining the value of the work performed by the Engineer prior to termination, the State shall be the sole judge. Compensation for work at termination will be based on a percentage of the work completed at that time. Should the State terminate this contract under paragraph (4) or (5) above, the Engineer shall not incur costs during the thirty-day notice period in excess of the amount incurred during the preceding thirty days.

  • Contract Sales Price The total consideration provided for in the sales contract for the sale of a Property.

  • Upward Adjustments The Purchase Price shall be adjusted upward by the following:

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