Quality Adjustment definition

Quality Adjustment means the procedure of making an allowance for an observed quality change by increasing or decreasing the observed current or reference price by a factor or an amount equivalent to the value of that quality change.
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Quality Adjustment means the alteration of any aspect of the
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Quality Adjustment means the quality adjustment for gravity and sulfur content, expressed in U.S. Dollars per Barrel; And where, for purposes of (2) through (4) above:
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Examples of Quality Adjustment in a sentence

  • If a carryover insured, the endorsement may be elected on a new application or RMA approved policy change form submitted on or before the sales closing date for the crop year in which the insured wishes the Quality Adjustment Endorsement to be effective.

  • A more detailed methodological description is available in Koev, Eugen: Combining Classification and Hedonic Quality Adjustment in Constructing a House Price Index.

  • Use Table 3, Percent Passing to determine the Quality Adjustment Factor (QAF) in accordance with §401-4, Method of Measurement.

  • The payment adjustment will be made according to Table 1 - Density Quality Adjustment Factors.” Add the following to the end of Subsection 401-3.06 Rollers.

  • A Year-End Quality Adjustment will also be applied to the ACOs’ Expected Total Cost of Care during the reconciliation period based on the ACOs’ quality performance.

  • A more detailed methodological description is published in Statistics Finland's Research Reports series (Koev, Eugen: Combining Classification and Hedonic Quality Adjustment in Constructing a House Price Index.

  • The Fresh Pear Quality Adjustment Endorsement provides a quality adjustment provision for pears located in a state designated for pear insurance and for which a premium rate for the endorsement is provided.

  • If you elect to delay measurement of farm stored production as provided in the Basic Provisions, all samples of farm stored production used to determine insurable quality deficiencies must be obtained in accordance with this Quality Adjustment Statement, but not later than 60 days after the EOIP, otherwise such production will not be adjusted for quality.

  • If the policy is transferred to a different AIP, a new Fresh Pear Quality Adjustment Endorsement must be signed by the insured and submitted to AIP on or before the SCD.

  • Cancellation of the Fresh Pear Quality Adjustment Endorsement must occur on or before the cancellation date of the CP.


More Definitions of Quality Adjustment

Quality Adjustment means the quality adjustment for gravity, sulfur content, and acid content expressed in U.S. Dollars per Barrel, determined in accordance with Exhibit 3; and
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Quality Adjustment means the alteration of any aspect of the Access Rights of CRL (whether in relation to performance, the quality or condition of the Network, the liability of any person to any other person, or in any other respect) other than a Quantum Adjustment in a manner, which is not consistent with this contract;
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Quality Adjustment. As Received" shipment quality will be provided to LPM during the purchase period. Price adjustments due to quality deviations will be made on a monthly basis. The price adjustment for quality deviations will be based on monthly as received data and will result in a price adjustment as follows: Ash $0.75/ton for each full 1 LB/MMBTU in excess of 11 LB/MMBTU BTU/LB - Any barge shipment not meeting BTU min. spec. (11,500 BTU/LB) will be penalized $0.50/ton for each 50 BTU below this spec.
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Quality Adjustment means an adjustment to the change in price of an item whose characteristics change over time, designed to remove the contribution of the change in characteristics to the observed price change;
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Related to Quality Adjustment

  • XXXXX Adjustment means, with respect to XXXXX, 0.0326% per annum.

  • Equity Adjustment means the dollar amount resulting by subtracting the Book Value, as of Bank Closing, of all Liabilities Assumed under this Agreement by the Assuming Bank from the purchase price, as determined in accordance with this Agreement, as of Bank Closing, of all Assets acquired under this Agreement by the Assuming Bank, which may be a positive or a negative number.

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Tax Adjustment has the meaning set forth in Section 4.7.

  • Informal adjustment means an agreement reached among the parties, with consultation, but not the consent, of the victim of the crime or other persons specified in KRS 610.070 if the victim chooses not to or is unable to participate, after a petition has been filed, which is approved by the court, that the best interest of the child would be served without formal adjudication and disposition;

  • Contract Term Adjustment means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection.

  • SOFR Adjustment means 0.10% (10 basis points).

  • Price Adjustment means any and all price reductions, offsets, discounts, rebates, adjustments, and or refunds which accrue to or are factored into the final net cost to the hospital outpatient department or ambulatory surgical center.

  • Cost of Living Adjustment or “COLA” means a percentage-based general wage increase adjustment provided in accordance with this memorandum of agreement. COLA is an upward adjustment applied to and folded into all wage rates. The "annualized average of BC CPI over twelve months” (AABC CPI) means the Latest 12-month Average Index % Change reported by BC Stats in March for British Columbia for the twelve months starting at the beginning of March in the preceding year and concluding at the end of the following February. The “Latest 12-month Average Index”, as defined by BC Stats, is a 12-month moving average of the BC consumer price indexes of the most recent 12 months. This figure is calculated by averaging index levels over the applicable 12 months. The Latest 12-month Average Index % Change is reported publicly by BC Stats in the monthly BC Stats Consumer Price Index Highlights report. The BC Stats Consumer Price Index Highlights report released in mid-March will contain the applicable figure for the 12 months concluding at the end of February. The percentage change reported by BC Stats that will form the basis for determining any COLA increase is calculated to one decimal point. For reference purposes only, the annualized average of BC CPI over 12 months from March 1, 2021 to February 28, 2022 was 3.4%.

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Baseline Schedule means the initial time schedule prepared by Contractor for Owner’s information and acceptance that conveys Contractor’s and Subcontractors’ activities (including coordination and review activities required in the Contract Documents to be performed by A/E and ODR), durations, and sequence of work related to the entire Project to the extent required by the Contract Documents. The schedule clearly demonstrates the critical path of activities, durations and necessary predecessor conditions that drive the end date of the schedule. The Baseline Schedule shall not exceed the time limit current under the Contract Documents.

  • Final Adjustment has the meaning set forth in Section 10.3.B(2) hereof.

  • Social Maladjustment means a consistent inability to conform to the standards for behavior established by the school. Such behavior is seriously disruptive to the education of the student or other students and is not due to emotional disturbance as defined in (c) 5 above.

  • ISDA Fallback Adjustment means the spread adjustment (which may be a positive or negative value or zero) that would apply for derivatives transactions referencing the ISDA Definitions to be determined upon the occurrence of an index cessation event with respect to the Benchmark for the applicable tenor.

  • Adjustment Price means the lowest Underlying Price within the Adjustment Period after the Underlying Price is for the first time equal to or below the Adjustment Threshold.

  • Related Adjustment means, in determining any LIBOR Successor Rate, the first relevant available alternative set forth in the order below that can be determined by the Administrative Agent applicable to such LIBOR Successor Rate:

  • Term SOFR Adjustment means a percentage equal to 0.10% per annum.

  • Market Value Adjustment means, on a given date, an amount equal to the lesser of (x) 98% and (y) a percentage determined according to the following formula: Market Value Adjustment = 98% – [(10yrCMTt – 10yrCMTlaunch) ×Duration], where 10yrCMTt = the 10-Year Treasury Constant Maturity Rate published each business day by the Board of Governors of the Federal Reserve System, or, if such rate ceases to be published, a successor rate reasonably determined by the Trustees (the “10-Year CMT”), on such repurchase date; 10yrCMTlaunch = the 10-Year CMT as of the end of the Initial Offering Period; and Duration = an estimate of the duration of the periodic interest payments of a hypothetical coupon-paying U.S. Government Security with a 25-year maturity, calculated by the Trust’s Investment Manager as of the end of the Initial Offering Period;

  • CMSA NOI Adjustment Worksheet A report substantially in the form of, and containing the information called for in, the downloadable form of the "NOI Adjustment Worksheet" available as of the Closing Date on the CMSA Website, or such other form for the presentation of such information and containing such additional information as may from time to time be recommended by the CMSA for commercial mortgage securities transactions generally and is acceptable to the Master Servicer or the Special Servicer, as applicable, and in any event, shall present the computations made in accordance with the methodology described in such form to "normalize" the full year net operating income and debt service coverage numbers used in the other reports required by this Agreement.

  • SOFR Adjustment Conforming Changes means, with respect to any SOFR Rate, any technical, administrative or operational changes (including changes to the interest period, timing and frequency of determining rates and making payments of interest, rounding of amounts or tenors, and other administrative matters) that the Administrator decides, from time to time, may be appropriate to adjust such SOFR Rate in a manner substantially consistent with or conforming to market practice (or, if the Administrator decides that adoption of any portion of such market practice is not administratively feasible or if the Administrator determines that no market practice exists, in such other manner as the Administrator determines is reasonably necessary).

  • Baseline means the “Initial Small Business Lending Baseline” set forth on the Initial Supplemental Report (as defined in the Definitive Agreement), subject to adjustment pursuant to Section 3(a).

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).

  • Benchmark Replacement Adjustment means, with respect to any replacement of the then-current Benchmark with an Unadjusted Benchmark Replacement for any applicable Interest Period and Available Tenor for any setting of such Unadjusted Benchmark Replacement:

  • Target Price means the estimated amount payable to the Contractor for the performance of the Work under a Cost Plus Fixed Fee (CPFF) Contract.

  • Material Project EBITDA Adjustments means, with respect to each Material Project: