Fixed Component definition

Fixed Component means that component of consideration allocable to each Eligible Policyholder (regardless of the number of Eligible Policies owned by such Eligible Policyholder on the Adoption Date) as provided in Section 7.1(b)(i). Such Fixed Component shall be equal to the sum of (x) the Basic Fixed Component and (y) the Additional Fixed Component, if any.

Fixed Component. Defined as the component of the Metric Benefit that is contingent upon achievement of a minimum threshold, as defined in Article V.B in this Contract. The Fixed Component is a set dollar amount for every Project Participant.

Fixed Component shall have the meaning given such term in Section 4.4.

Examples of Fixed Component in a sentence

• If the Advisory Fee is payable with respect to any partial calendar month or calendar year, then the Fixed Component shall be prorated based on the number of days elapsed during any partial calendar month and the Performance Component shall be calculated based on the annualized total return amount determined using the total return achieved for the period of such partial calendar year.

• The Fixed Component shall be payable for each month in which this Agreement is in effect, even if the Agreement is in effect for a partial month.

• In the event this Agreement is terminated or its term expires without renewal, the partial period Fixed Component and Performance Component of the Advisory Fee shall be calculated and due and payable upon the Termination Date.

• The Fixed Component is payable monthly in arrears (after the completion of the NAV Calculations for such month).

• For years after 2020, the Fixed Component shall be the 2020 payment multiplied by 1.02, compounded for each year beyond 2020.

More Definitions of Fixed Component

Fixed Component means the fee payable to the Advisor, the Sub-Advisor or their respective designees under Section 8(a)(i) hereof.

Fixed Component means (i) prior to the NAV Pricing Date, the fee payable to the Advisor, the Sub-Advisor or their respective designees under Section 8(a)(i) hereof and (ii) from and after the NAV Pricing Date, the fee payable to the Advisor, the Sub-Advisor or their respective designees under Section 8(b)(i) hereof.

Fixed Component means the non-variable component of the Advisory Fee as described in Section 8.02(ii).

Fixed Component means the Fixed Facilities and the Fixed Equipment (and includes the MSFs), provided that this definition will be interpreted in accordance with the Ring Fencing Principle and the Timing Principle.

Fixed Component means an amount equal to 1.8553 cents per kWh. (B) The term "Fuel Component" for a month means an amount equal to the sum of all costs incurred in such month by Seller with respect to Fuel acquired for use in the Plant (including Fuel commodity, transportation, and storage costs and any costs related thereto) multiplied by a fraction, the numerator of which is the kWh actually delivered to Buyer in such month and the denominator of which is the total kWh actually delivered by the Plant in such month.

Fixed Component shall have the meaning set forth in Section 4.1(a)(i).

Fixed Component means the fixed component of consideration, equal to ten shares of Company Common Stock (subject to proportional adjustment as provided in Section 10.2), to be paid to each Eligible Policyholder.