Numerical Example Sample Clauses

Numerical Example. Sum of Contract and Rider (if applicable) Contributions = $50,000 Annuity Account Value = $40,000 Withdrawal amount - $4,000 Adjustment = $36,000 ($40,000 - $4,000)/$40,000 = 0.90 Guaranteed Minimum Death Benefit = $45,000 ($50,000 x 0.90) The following terms apply:
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Numerical Example. The Stackelberg models produce the following optimal values for our decision variables based on equation (18) and (25): α = 3, Pw1 = 21170, Pa = 1550, qM1 = 23248.59, qÆ2 = 266, U1(C) = 0 Pw1 = 21170, C3r = 700, C3p = 800, qM1 = 23248.59, qÆ3 = 102, U2(C) = 17963 Pw2 = 21080, C1r = 7550, C1p = 850, qM2 = 23560.80, qÆ1 = 1126, U3(C) = 18148 The result shows that the OEM, as the leader of the agent would choose option M2. The agent as the follower of the manufacturer and the leader of the customer, would choose option A1. And the customer has to choose option C3, which makes sense. In other words, the obtain sub-perfect-equilibrium (SPE), (M2, A1, C3) is tangible. Fig.4. Domination of the OEM’s options relative to reliability parameter. Fig.5. Domination of the Agent’s options relative to reliability parameter.
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Numerical Example. Excess Withdrawals during the Accumulation Phase are illustrated as follows: Covered Fund Value before the Excess Withdrawal adjustment = $50,000 Benefit Base = $100,000 Excess Withdrawal amount: $10,000 Covered Fund Value after adjustment = $50,000 - $10,000 = $40,000 Covered Fund Value adjustment = $40,000/$50,000 = 0.80 Adjusted Benefit Base = $100,000 x 0.80 = $80,000
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Numerical Example. Assume that the Participant was granted an Award of [ ] Stock Units and the Corporation’s TSR Percentile Rank for the Performance Period was [ ]. In that case, the number of Stock Units subject to the Award that would vest would be [ ]. The remaining [ ] Stock Units subject to the Award that did not vest would terminate as of the end of the Performance Period.
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Numerical Example. Consider a supermarket that purchases 200 kg of apples from its supplier at the wholesale price of 1.5 euros per kg. The shelf life of the fruit is four weeks and the supermarket divides it into four quality periods with the length of one week (there are four quality levels). It is predicted it can sell 100 kg during the first week at the price of 4 euros per kg, 60 kg during the second week at the price of 3.5 euros per kg, and 40 kg during the third week at the price of 2.5 euros per kg. The supermarket anticipates selling all of them during the first three weeks and the revenue that it predicts equals 410 euros. It usually does not sell apples with the quality level 4 and if something remains at the end of the third week, it will be left at the corner of the supermarket so people who need can use it as a donation otherwise it would be wasted. Based on the previous data, about 60% of their surplus inventories usually will be wasted. This does not seem an efficient way and a large portion of the surplus inventories are going to be wasted when they cannot sell their goods at the level that they have predicted before. 1𝑖𝑖 Consider the supermarket sells 80, 70, and 15 kg of the apples during the first, second, and the third period respectively. So, it sells 20 kg lower than the amount that is predicted for the first period. In the second period, it sells 10 kg more than what was anticipated and for the third period, it cannot sell more than 15 kg which is 25 kg less than the predicted quantity. Considering the indicator of apples in the supermarket 1 (i=1) and 𝐼𝑠𝑢𝑟 = 5 kg (j=2,3,4), there is 20 kg surplus inventory at the beginning of the second quality period and 35 kg surplus inventory at the beginning of the last quality period. As mentioned before, the supermarket does not sell the apples with quality level 4 and they will be left at a corner of the supermarket to be picked up by people who need them. Finally based on the previous data, 60% of them will be wasted which equals 21 kg. Although the supermarket is predicted to gain 410 euros in revenue by selling the apples during different periods, the real revenue equals 302.5 euros and 21 kg of the apples will be wasted. The owner of the supermarket decides to use smart contracts with a blockchain platform to cooperate with other parties to avoid food waste and find a quick way to decide about the surplus inventories when they have better quality. This may help her to minimize food waste, maximize i...
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Numerical Example. Covered Fund Value before XXX = $55,000 Benefit Base = $100,000 XXX % = 5% XXX Amount = $100,000 x 5% = $5,000 Total annual withdrawal: $10,000 Excess Withdrawal = $10,000 – $5,000 = $5,000 Covered Fund Value after XXX = $55,000 – $5,000 = $50,000 Covered Fund Value after Excess Withdrawal = $50,000 – $5,000 = $45,000 Covered Fund Value Adjustment due to Excess Withdrawal = $45,000/$50,000 = 0.90 Adjusted Benefit Base = $100,000 x 0.90 = $90,000 Adjusted XXX Amount = $90,000 x 5% = $4,500 (Assuming no XXX increase on succeeding Ratchet Date)
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Related to Numerical Example

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution.

  • Number, etc Unless the context otherwise requires, words importing the singular shall include the plural and vice versa and words importing any gender shall include all genders.

  • Minimum EBITDA Section 9.23(c) of the Loan Agreement is hereby deleted in its entirety and replaced with the following:

  • Calculations; Computations (a) The financial statements to be furnished to the Lenders pursuant hereto shall be made and prepared in accordance with U.S. GAAP consistently applied throughout the periods involved (except as set forth in the notes thereto); provided that except as otherwise specifically provided herein, all computations of the Applicable Margin shall utilize U.S. GAAP and policies in conformity with those used to prepare the audited financial statements of the Borrower referred to in Section 8.05(a)(i) for the fiscal year of the Borrower ended December 31, 2012; provided further, that if the Borrower notifies the Administrative Agent that the Borrower wishes to amend any leverage calculation or any financial definition used therein to implement the effect of any change in U.S. GAAP or the application thereof occurring after the Closing Date on the operation thereof (or if the Administrative Agent notifies the Borrower that the Required Lenders wish to amend any leverage test or any financial definition used therein for such purpose), then the Borrower and the Administrative Agent shall negotiate in good faith to amend such leverage test or the definitions used therein (subject to the approval of the Required Lenders) to preserve the original intent thereof in light of such changes in U.S. GAAP; provided, further that all determinations made pursuant to any applicable leverage test or any financial definition used therein shall be determined on the basis of U.S. GAAP as applied and in effect immediately before the relevant change in U.S. GAAP or the application thereof became effective, until such leverage test or such financial definition is amended. Notwithstanding any other provision contained herein, all terms of an accounting or financial nature used herein shall be construed, and all computations of amounts and ratios referred to herein shall be made, without giving effect to Statement of Financial Accounting Standards 141R or ASC 805 (or any other financial accounting standard having a similar result or effect).

  • Total Net Leverage Ratio The Borrower will not permit the Total Net Leverage Ratio as of the end of any Fiscal Quarter to exceed 3.50 to 1.00.

  • Computation; 360-Day Year In computing interest, the date of the making of any Credit Extension shall be included and the date of payment shall be excluded; provided, however, that if any Credit Extension is repaid on the same day on which it is made, such day shall be included in computing interest on such Credit Extension. Interest shall be computed on the basis of a 360-day year for the actual number of days elapsed.

  • Daily Computation The Investment Manager shall determine on each business day whether the aggregate Term to date Fund Operating Expenses for any class of a Fund exceed the Operating Expense Limit, as such Operating Expense Limit has been pro-rated to the date of such determination (the “Pro-Rated Expense Cap”). If, on any business day, the aggregate Term to date Fund Operating Expenses for any class of a Fund do not equal the Pro-Rated Expense Cap for that class, the amount of such difference shall be netted against the previous day’s accrued amount for Excess Amounts or Recoupment Amounts (as defined below), and the difference shall be accrued for that day as an Excess Amount or Recoupment Amount as applicable.

  • Measurement Period (b) In this Agreement, unless the contrary intention appears, a reference to:

  • Annual Percentage Rate Each Receivable has an APR of not more than 25.00%.

  • Minimum Adjusted EBITDA As of any date of determination from and after April 1, 2008, if Borrowers do not have Net Debt in an amount less than $4,000,000 at all times during the most recently completed fiscal quarter, then Borrowers shall not fail to achieve Adjusted EBITDA, measured on a quarter-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto (and the failure to do so shall be deemed an Event of Default): Applicable Amount Applicable Period $(1,234,000) For the 3 month period ending March 31, 2008 $(1,246,000) For the 6 month period ending June 30, 2008 $(200,000) For the 9 month period ending September 30, 2008 $(839,000) For the 12 month period ending December 31, 2008 $(750,000) For the 12 month period ending March 31, 2009 17 Applicable Amount Applicable Period $(500,000) For the 12 month period ending June 30, 2009 $(150,000) For the 12 month period ending September 30, 2009 $150,000 For the 12 month period ending December 31, 2009 $350,000 For the 12 month period ending March 31, 2010 $550,000 For the 12 month period ending June 30, 2010 $750,000 For the 12 month period ending September 30, 2010 $950,000 For the 12 month period ending December 31, 2010 and for each 12 month period ending as of the last day of each fiscal quarter thereafter

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