Averaging means for the purposes of determining Kick-Out levels and the Final Index Levels an arithmetic average of the closing level of the FTSE 100 over a specified number of Business Days, as determined by the Calculation Agent.
Averaging means for the purposes of determining the Final Index Level an arithmetic average of the closing level of the FTSE 100 over a specified number of Business Days that the Calculation Agent calculates.
Averaging means an exchange of excess reduced regulated emissions among engines on vessels in the same owner’s or operator’s fleet.
Examples of Averaging in a sentence
Dealer will pay cash in lieu of delivering any fractional Shares to be delivered with respect to any Net Share Settlement Amount valued at the Relevant Price for the last Valid Day of the Settlement Averaging Period.
For any Option, the second Business Day immediately following the final Valid Day of the Settlement Averaging Period for such Option.
If Cash Settlement is applicable to any Option exercised or deemed exercised hereunder, in lieu of Section 8.1 of the Equity Definitions, Dealer will pay to Counterparty, on the relevant Settlement Date for each such Option, an amount of cash (the “Cash Settlement Amount”) equal to the sum, for each Valid Day during the Settlement Averaging Period for such Option, of (i) the Daily Option Value for such Valid Day, divided by (ii) the number of Valid Days in the Settlement Averaging Period.
For any Option, the third Business Day immediately following the final Valid Day of the Settlement Averaging Period for such Option.
Dealer will pay cash in lieu of delivering any fractional Shares to be delivered with respect to any Net Share Settlement Share Amount valued at the Relevant Price for the last Valid Day of the Settlement Averaging Period.
More Definitions of Averaging
Averaging means, where specified as applicable in the Final Terms, that the arithmetic mean of the Settlement Prices on each Averaging Date is a component of the calculation of Cash Settlement Amount.
Averaging means establishing the required buffer setback from a critical area, within the permitted parcel of land only, so that areas within the parcel determined to be more environmentally sensitive than others will have a larger buffer than the less sensitive areas. For every increase in setback for one area of the parcel, there will be an equal corresponding decrease in another area of the parcel. The total land area within the buffer must remain the same as if the buffer were a uniform width. “Aquifer” means a body of soil or rock that contains sufficient saturated material to conduct groundwater and yield usable quantities of groundwater to wells or springs.
Averaging of Employee Appointments to Maintain Benefit Eligibility
a. If an Employee has an appointment between 50- 74.9% in the fall semester, has an appointment below 50% in the winter semester, and if the two appointments average at least 50% for the academic year, the Employee will be identified as eligible for benefits in the winter semester and will pay the medical premium rates applicable to Employees with appointments of 50% to 74.9% for that term.
b. Employees who are eligible under Section I and whose fall semester appointment is 75% or higher, will pay the medical premium rates applicable to full- time employees for fall semester. For winter semester during which the Employee has an appointment below 50%, the Employee will pay the medical premium rates applicable to Employees with appointments of 50% to 74.9%. In addition, in certain cases where Employees with presumption of renewal have a historical percentage of effort that averages fifty percent or more for that year, but with a 0-49% appointment in the Fall semester, those Employees may request that their UYr, UYrD, or UyrT appointment (and effort) be averaged in order to receive benefits coverage for the Fall semester. Employees that utilize an approved leave under this contract may carry no effort for a term which could impact their eligibility under this section. An Employee who holds no effort for a term due to an approved leave but receives Employer Contributions for medical and/or dental benefits will be able to continue to receive Employer Contributions in the following term even if they are returning to a benefits ineligible position, including the Summer/Seasonal Benefits Bridge. The Benefits Bridge contained in this contract will not count as an approved leave of absence for the purposes of this provision. This provision will not negatively affect the benefits eligibility of those Employees with 0% effort in a given semester who had benefits coverage under current appointment averaging practices.
Averaging of Employee Appointments to Maintain “Full-time” Status for Purposes of Determining Medical Plan Premium Rates
Averaging is the method of inventory management whereby, except as provided in paragraph 4, the determination of whether materials or consumables are originating shall be made through the application of the following formula: PMN = TMO x 100 TMOYN Where: PMN: average of the fungible materials or goods originating. TMO: total of units of the fungible materials or goods originating forming part of inventory prior to departure.
Averaging is the method of inventory management whereby:
i) the determination as to whether the materials or consumables are originating shall be made, except as provided in item ii), through the application of the following formula: PMO = (TMO/TMOYN) 100 where PMO: average of materials or consumables originating. TMO: total number of units of materials or goods original expendable items that are part of the inventory prior to departure. TMOYN: total sum of units of materials or originating and non-originating fungible goods that make up part of the pre-departure inventory.
ii) in the case where the good is subject to a regional value content requirement, the determination of the value of the non- originating materials shall be made through the application of the following formula: PMN= (TMN/TMOYN) 100 where PMN: average of non-originating materials. TMN: total value of non-expendable consumables that are part of the inventory prior to the output. TMOYN: total value of consumables originating and non-originating companies that form part of the pre-departure inventory. Once one of the inventory management methods set forth in paragraph 2 has been selected, it should be used throughout the fiscal year.