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
No employee employed as of September 1, 1997, other than a Support Services Officer, Programmer, Programmer/Analyst, Systems Analyst or Technical Support Specialist shall have Appendix C (Averaging of Hours of Work) applied while he/she remains in his/her current position, unless agreed to by the employee.
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 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 of Employee Appointments to Maintain Benefit Eligibility Once per academic year the Employer will identify benefit-eligible Employees whose appointment effort during the fall and winter semesters averages at least 50% for the academic year but whose winter semester appointment is below 50% effort. By way of example, an Employee with a 67% appointment during the fall semester and a 33% appointment in the winter semester would have an average appointment for the fall and winter semesters of 50%. Likewise, an Employee with a 100% appointment in the fall semester and a 25% appointment in the winter would have an average appointment for the fall and winter semesters of 62.5%. These Employees would be benefits eligible under this section. Employees identified above will pay the medical premium rates in the following manner:
Averaging of Employee Appointments to Maintain “Full-time” Status for Purposes of Determining Medical Plan Premium Rates Once per academic year, the Employer will identify benefit- eligible Employees whose appointment effort during the fall and winter semesters averages to at least 75% in both the fall and winter semesters. By way of example, an Employee with a 100% appointment during the fall semester and a 66.67% appointment in the winter semester would have an average appointment for the fall and winter semesters of 83.35%. Employees identified under the above provisions in this section will pay the medical premium rates applicable to full-time employees (i.e. those with appointments of 75% or greater) for the entire academic year (September 1 through August 31). If an Employee identified under the above provisions in this section has a lower percentage of appointment in the fall semester and a higher percentage of appointment in the winter semester, a lump-sum payment will be made to the Employee during the winter semester to adjust the premium dollars paid by the Employee to reflect the full-time premium rates for the fall semester. The parties agree that no changes will be made to an Employee’s appointment as a result of this section. Appointment effort and salary (including in the M-Pathway system) will continue to reflect the actual work performed in each semester.
Averaging is the method of inventory management whereby: