Examples of Participation Fraction in a sentence
If a Benefit is payable to a Participant who has fewer than 10 years of participation in the Plan when the Benefit begins, the limitations set forth in Section 7.1(A)(2) and 7.1(D) shall be adjusted by multiplying such amounts by a fraction known as the “Participation Fraction.” The numerator of the Participation Fraction is the Participant’s years of participation (or part thereof), and the denominator of which is ten.
In the event that the Merger is consummated as contemplated in this Agreement, an amount of the Deposit equal to the product of the Deposit times the Participation Fraction shall be retained by the Escrow Agent as part of the Escrow Amount as set forth in Section 3.02(b)(i) and credited at Closing towards the Purchase Price.
Two discount factors that reflect the challenge of changing the public’s behavior are as follows:D1: Awareness: Fraction who remember the messageD2: Participation: Fraction who are willing to change their behaviorThe awareness factor is dictated by the media type, while the participation factor differs depending on the activity, as described in each individual education practice.
Savings Insurance Participation Fraction means, on any Mortgage Calculation Date, in respect of any Participation- Linked Mortgage Receivable, an amount equal to the relevant Savings Insurance Participation on the first calendar day of the immediately preceding Mortgage Calculation Period divided by the Outstanding Principal Amount in respect of such Participation-Linked Mortgage Receivable on the first calendar day of the immediately preceding Mortgage Calculation Period.
Each Bank severally agrees, on the terms and conditions of this Agreement, to make Loans to the Borrower from time to time in an aggregate principal amount not in excess of the aggregate amount of such Market Disruption Obligations arising from its Participation Fraction of all unreimbursed LOC Advances.