Discretionary Elements definition

Discretionary Elements of the Scheme means any provision(s) of the Scheme enabled by the 1985 Act but not required by the 2000 Act or the 2007 Act which allows individually or in combination Passenger Journeys:
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Discretionary Elements means any terms or features of a Subject Annuity that are subject to change at the election of the Cedant or that are otherwise within the discretion of the Cedant, including caps, spreads, participation rates, renewal credited interest rates and other interest crediting adjustments.
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Discretionary Elements of the Scheme means any provision(s) of the Scheme enabled by the 1985 Act but not required by the 2000 Act or the 2007 Act.
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Examples of Discretionary Elements in a sentence

  • J x F x fr Where: R is Revenue Reimbursement J is the validated number of Passenger Journeys made in accordance with the Statutory and Discretionary Elements of the Scheme and starting in the Principal Area of the Scheme F is the Average Fare fr is the Reimbursement Factor which takes account of Generated Travel.

  • The Cedant shall establish all Discretionary Elements in respect of the Subject Annuities taking into account the recommendations of the Reinsurer.

  • Challenges Associated with Discretionary Elements in Ministerial ProjectsCommented [HE7]: Cal Fire #6Objective: Exemptions and Emergency Notices are ministerial notices accepted by the Department that are bound by prescriptive standards for protection of natural and cultural resources.

  • J = the validated number of Passenger Journeys made in accordance with the Statutory and Discretionary Elements of the Scheme and starting in the Principal Area of the Scheme.

  • All Agreements) Parties agree to the following items which were previously at main table will be discussed at Trade Level where either CLR or the affiliate union had a proposal on the subject.

  • Challenges Associated with Discretionary Elements in Ministerial ProjectsCommented [HE6]: Cal Fire #6 Objective: Exemptions and Emergency Notices are ministerial notices accepted by the Department that are bound by prescriptive standards for protection of natural and cultural resources.

  • In exceptional cases, the Council shall have the discretion to extend the period of full allowance or half allowance provided.In addition, on exhaustion of sick pay entitlement, the Council shall have the discretion to allow unpaid leave of absence, to a normal maximum of 6 months absence, subject to review at monthly intervals.The exercise of the Discretionary Elements of Sick Leave and Allowances will be subject to the approval of the Head of Service with the remit of HR.

  • Proposed Withdrawal of Discretionary Elements of the Concessionary Travel Scheme - Outcome of Consultation.Director of Environment and Transport(Pages 13 - 14) The Cabinet Lead Member for Transportation, Mr. P.

Related to Discretionary Elements

  • Eligible Participants means persons who, at a particular time, are employees, officers, consultants, or directors of the Company or its subsidiaries;

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • Section 16 Participants means Participants who are subject to the provisions of Section 16 of the Exchange Act.

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Recoverable Incentive Compensation means Incentive Compensation received by a Covered Officer during the Lookback Period that exceeds the amount of Incentive Compensation that would have been received had such amount been determined based on the Accounting Restatement, computed without regard to any taxes paid (i.e., on a gross basis without regard to tax withholdings and other deductions). For any compensation plans or programs that take into account Incentive Compensation, the amount of Recoverable Incentive Compensation for purposes of this Policy shall include, without limitation, the amount contributed to any notional account based on Recoverable Incentive Compensation and any earnings to date on that notional amount. For any Incentive Compensation that is based on stock price or TSR, where the Recoverable Incentive Compensation is not subject to mathematical recalculation directly from the information in an Accounting Restatement, the Administrator will determine the amount of Recoverable Incentive Compensation based on a reasonable estimate of the effect of the Accounting Restatement on the stock price or TSR upon which the Incentive Compensation was received. The Company shall maintain documentation of the determination of that reasonable estimate and provide such documentation to the Exchange in accordance with the Listing Standards.