Examples of Applicable Factor in a sentence
The Applicable Factor is determined from the appropriate table below based on the Normal Retirement Age under the Plan, as specified above (determined without regard to any years of Participation requirement).
The Remarketing Agent shall make each determination of the Applicable Spread and the Applicable Factor (and any function or scale to be used to adjust the Applicable Spread or the Applicable Factor) required to be made by it pursuant to this subsection regardless of whether Bonds are Liquidity Facility Bonds and whether or not an Event of Default exists.
The redemption price payable by the Company for an Optional Redemption shall be equal to the product of (x) the Applicable Factor (as defined below) corresponding to the calendar month on which such Optional Redemption is being made (the “Optional Redemption Month”) and (y) the unpaid principal amount of this Note being redeemed (the “Optional Redemption Price”).
The Company will pay the Participant a cash severance benefit in an amount equal to the Applicable Factor multiplied by the Participant’s Highest Base Compensation.
The Notice of Participation shall also specify the Eligible Individual’s Applicable Factor and the Eligible Individual’s Applicable Period.