Life years definition

Life years means the number of member months divided by 12.
Sample 1Sample 2Sample 3

Examples of Life years in a sentence

  • Class A-1 Class A-2 Prepayment Assumption Prepayment Assumption Distribution Date 50% 75% 100% 150% 200% 50% 75% 100% 150% 200% Initial Percentage 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Weighted Average Life (years) * Rounded to the nearest whole percentage.

  • The estimated useful lives for fixed assets classes are as follows: Assets Class and Description Estimated Useful Life (years) Permanent Buildings 40 yearsComputer Equipment 3 yearsOffice Equipment 3 yearsMotor Vehicles 5 years Property, plant, or equipment, procured with Voluntary Contributions on behalf of a project, are not the Organization’s assets and are meant solely for the use of the project beneficiary.

  • Capital Assets (Continued) Depreciation and amortization of all exhaustible equipment, leasehold improvements and intangibles is charged as an expense against operations using the straight-line method over the following estimated useful lives: Asset Category Useful Life (years) Office Furniture and Equipment 5Automobiles 5When, in the opinion of management, certain assets are impaired, any estimated decline in value is accounted for as a non-operating expense.

  • The useful life classifications for capitalized assets are as follows: Description Useful Life (years) Leasehold Improvements Liabilities represent the amount of funds likely to be paid by the CSB as a result of transactions or events that have already occurred.

  • Table 33: Summary of Expected Lives and Costs for Preventive Maintenance Treatments Preventive MaintenanceTreatment Life (years) Cost per Lane Mile Treatment From all of the literature reviewed, two main studies specifically compared multiple preventive maintenance treatment alternatives simultaneously (Hall et al., 2003 and Jahren et al., 2003a).

  • Batteries and Runtime• Battery type: Lead-acid battery• Typical recharge time: 8 hours• Nominal Battery Voltage: 24 V• Expected Battery Life (years): 3 – 5• Battery Volt-Amp-Hour Capacity: 216• Runtime: at least 300W at least 23mins 51secs, 1200W at least 2mins 15 secs• Efficiency: At least 97.2% at full load D.

  • Table 22: Ultrathin Friction Course Treatment Life as Reported by Various SourcesReference Treatment Life (years) Notes Gilbert et al., 2004 8 to 12 expected life in South Africa Maher et al., 2005 10 to 12 typical serviceable life Peshkin et al., 2004 7 to 10 generally reported rangeThe first NovaChipTM experiment in Missouri occurred in 1998.

  • The following table summarizes the carrying amount of our intangible assets and goodwill, net of accumulated amortization: March 31, 2017 December 31, 2016 Estimated Life (years) Amortization expense was $80 for the three months ended March 31, 2017 and 2016.

  • Plant Life (years) (in millions) Natural gas transmission..........................................................................................

  • Estimated Useful Life: years Estimated Project Costs: $ Council MeetingDecember 14, 2020 TITLE: DDA By LawsDATE: December 9, 2020SUMMARY: The DDA approved at its November 24, 2020 meeting the following DDA By Laws.

Related to Life years

  • life cycle means all consecutive and/or interlinked stages, including research and development to be carried out, production, trading and its conditions, transport, use and maintenance, throughout the existence of the product or the works or the provision of the service, from raw material acquisition or generation of resources to disposal, clearance and end of service or utilisation;

  • Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.

  • Plan Year(s means the approximate twelve-month periods between annual meetings of the shareholders of the Company, which, for purposes of the Plan, are the periods for which annual retainers are earned.

  • Leave Year means the year ending with the anniversary date of the employee’s appointment.

  • One-hundred-year flood means a flood having a one per cent chance of being equaled or exceeded in any given year.

  • Remaining Dollar-Years means the amount obtained by (1) multiplying the amount of each then-remaining principal payment on such Debt by the number of years (calculated at the nearest one-twelfth) that will elapse between the date of determination of the Weighted Average Life to Maturity of such Debt and the date of that required payment and (2) totaling all the products obtained in clause (1) above.

  • Term Year means a 12-month period beginning on the first day of the Term and each successive 12-month period thereafter.

  • Income year means any year or accounting period beginning 1 July of one calendar year and ending 30 June of the following calendar year or any other period that the Trustees by resolution adopt;

  • Prior Year means the year commencing 1 April immediately prior to the relevant Charging Year;

  • Anniversary Year The one-year period beginning on the Closing Date and ending on the first anniversary thereof, and each subsequent one-year period beginning on the day after the end of the preceding Anniversary Year and ending on next succeeding anniversary of the Closing Date.

  • One year means 365 calendar days as required in federal regulations.

  • Benefit year means the period of twelve consecutive months, July 1 through June 30, as established by an employer in which an employee shall accrue and use earned sick leave as provided pursuant to N.J.S.A. 34:11D-2, provided that once the starting date of the benefit year is established by the employer it shall not be changed unless the employer notifies the Commissioner of Labor and Workforce Development of the change in accordance with regulations promulgated pursuant to the Act. The Commissioner shall impose a benefit year on any employer the Commissioner determines is changing the benefit year at times or in ways that prevent the accrual or use of earned sick leave by an employee.

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Years mean and refer to calendar year(s).

  • Benefit Period means the period of time from the date of the Accident causing the Injury for which benefits are payable, as shown in the Schedule of Benefits, and the date after which no further benefits will be paid.

  • Service Year means fiscal year, except that:

  • Crop year means any 12 month period which represents the planting, growing, harvesting and marketing of an insurable crop, as stated in the Schedules;

  • Extended benefit period means a period which:

  • Credited Service means the member's total period of service

  • Prior Month Receipt Period With respect to each Distribution Date, the calendar month preceding the month in which such Distribution Date occurs.

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.

  • Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;

  • Planning Period Balance means the entire period of time remaining in the Planning Period following the month that a monthly auction is conducted.

  • Anniversary Date means each anniversary of the Closing Date.

  • Annuity Commencement Date is the first day of the month an annuity begins under this contract. This date may not be later than the date a Participant's periodic benefits are required to commence under the Code.

  • Vesting Year means a unit of Service credited to a Participant pursuant to Section 9.2 for purposes of determining his vested interest in his Account.