Proportional value definition

Proportional value means the ratio of a manufacturer’s California applicable sales volume to the manufacturer’s Section 177 state applicable sales volume. In any given model year, the same applicable sale volume calculation method must be used to calculate proportional value.
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Proportional value means the portion of their Settlement Entitlement (in the case of SAB
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Proportional value means the portion of their Settlement Entitlement (in the case of SAB Zenzele Retailer Shareholders, less their SAB Zenzele Scheme Entitlements) which each category of Qualifying Investor elects to reinvest pursuant to the Reinvestment Offer, divided by 40 (on the basis that this number represents the issue price of R40 for each SAB Zenzele Kabili Ordinary Share). In this respect, please see the column “Reinvestment election” in the worked example set out in Annexure 1 to this Prospectus; “Prospectus” means this entire document and all the annexures to it; “Qualifying Investors” means, collectively:(i) the SAB Zenzele Retailer Shareholders; and(ii) the beneficiaries of The SAB Zenzele Employee Trust,and “Qualifying Investor” shall mean any one of them as the context may require; “Rand” or “R” means South African rand, the official currency of South Africa; “Registered Office of SAB Zenzele Kabili” means the registered office of SAB Zenzele Kabili, being: 65 Park Lane, Sandown, Sandton, 2196; “Reinvestment Offer” means an invitation to Qualifying Investors to cede all or a portion of their Settlement Entitlement (which, in the case of SAB Zenzele Retailer Shareholders, will be their entitlement remaining after having taken into account the portion of their Settlement Entitlement ceded to SAB Zenzele Kabili pursuant to the SAB Zenzele Scheme, if approved and implemented) in exchange for SAB Zenzele Kabili Ordinary Shares of Proportional Value; “Reinvestment Offer Cap” has the meaning ascribed to the term in paragraph 9.1.2.2 of the section titled: “Overview of Participation Process” on page 12 of this Prospectus; “Reinvestment Offer Period” means the period between the opening of the Reinvestment Offer and its closing, presently scheduled to be from 09:00 on Wednesday, 19 February 2020 to 16:00 on Tuesday, 7 April 2020; “Retailer Exchange Transaction” means the transaction contemplated on maturity of the Existing Empowerment Transaction, pursuant to which the SAB Zenzele Retailer Shareholders would transfer their SAB Zenzele Shares to AB InBev (or its nominee), and in exchange AB InBev would allot and issue AB InBev Shares to such SAB Zenzele Retailer Shareholders, in such number as determined in accordance with the formula set out in the Amended and Restated Exchange Agreement; “SAB” means The South African Breweries Proprietary Limited, a private company incorporated in accordance with the laws of South Africa under registration number: 1998/006375/07; “SA...
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Examples of Proportional value in a sentence

  • Proportional value for a subcontracted partial Contract item will be verified by the Project Manager.

  • Proportional value of a subcontracted partial contract item will be verified by the Engineer.

  • Proportional value for a subcontracted partial contract item will be verified by the Engineer.

  • Proportional value for a subcontracted par- tial contract item shall be verified by the Engineer.

  • First, Respondent has granted an adequate royalty in conformity with Article 31(h) of TRIPS Agreement.

  • Proportional value looks at the relationship between the value of the work performed and the compensation received by male job classes, and applies that relationship to determine the pay for female job classes.Proxy MethodThe proxy comparison method allows defined organizations in the broader public sector, which have mostly or all female job classes, to find comparators from another public sector organization.

  • Proportional value indirectly compares female and male job classes by looking at the relationship between the value of the work performed and the compensation received by male job classes and applying the same principles and practices to compensating female job classes.

  • Contact Work Cond 2 32 29.75 33.6 19.5 19.5 29.25 39 29.25 33.6 19.5 3 50 45.5 55.2 33 33 49.5 66 49.5 55.2 33 4 68 61.25 76.8 46.5 46.5 69.75 93 69.75 76.8 46.5 5 86 77 98.4 60 60 90 120 90 98.4 60 6 104 92.75 120 120 7 122 108.5 8 140 124.25 9 140 Point Spread by Grade Grade Points 1 360 – 420 2 421 – 480 3 481 – 540 4 541 – 600 5 601 – 660 6 661 – 720 7 720 + Proportional value, using all male dominated jobs within the bargaining unit, was applied to achieve Pay Equity maintenance.

  • In some cases, they may have the required authority and expertise.

  • The value share of other resources programme funding agreements that are multi-year stood at 68 per cent in 2019, up from just 7 per cent in 2016 but down from 79 percent in 2018.Figure VII Proportional value of multi-year funding agreements by resource type, 2016–20198(millions of United States dollars) 8 Total commitment value for regular resources includes multi-year agreements signed with Member States, as well as pledges, and represents the total contributions received in a given year.

Related to Proportional value

  • Total Value means either the fair market value or the actual price paid for a covered animal part or product, whichever is greater.

  • Cash Value means the greater of (i) the amount that the policyholder is entitled to receive upon surrender or termination of the contract (determined without reduction for any surrender charge or policy loan), and (ii) the amount the policyholder can borrow under or with regard to the contract. Notwithstanding the foregoing, the term “Cash Value” does not include an amount payable under an Insurance Contract as:

  • New value means (i) money, (ii) money's worth in property, services, or new credit, or (iii) release by a transferee of an interest in property previously transferred to the transferee. The term does not include an obligation substituted for another obligation.

  • FMV is the closing price of the Association's common stock on The New York Stock Exchange (“NYSE”) or on whatever other stock exchange or market such stock is publicly traded on the date the Executive's employment terminates or, if such day is not a day on which such securities are traded, on the most recent preceding trading day on which a trade occurs, provided however that if the security allocated to the Executive's account during the last completed plan year is other than the Association's common stock the closing price of such security on the date the Executive's employment terminates shall be utilized.