Scenario D definition

Scenario D. The Consolidated Company’s Trailing Twelve Month's Economic Earnings is $60,000,000 for the twelve-month period ending on the First Vesting Date, $80,000,000 for the twelve-month period ending on the Second Vesting Date, and $60,000,000 for the twelve-month period ending on the Third Vesting Date. The resulting Performance Ratio at each Vesting Date is: First Vesting Date: $60,000,000 / $70,000,000 = 0.857 Second Vesting Date: $80,000,000 / $70,000,000 = 1.143 (deemed to be 1.0) Third Vesting Date: $60,000,000 / $70,000,000 = 0.857 Therefore, 85.7% of one third of the Performance Shares (or 28.57% of the Performance Shares) vest on the First Vesting Date, and, absent application of Section 2.3(b), 100.0% of one third of the Performance Shares vest on the Second Vesting Date and 85.7% of one third of the Performance Shares (28.57%) vest on the Third Vesting Date for total vesting of 90.48% of the Performance Shares. However, applying Section 2.3(b), at the Second Vesting Date, $10,000,000 of the Trailing Twelve Month's Economic Earnings of the Consolidated Company for the twelve-month period ending on the Second Vesting Date would be applied to the Trailing Twelve Month's Economic Earnings of the Consolidated Company for the twelve-month period ending on the First Vesting Date, as follows: Excess of Trailing Twelve Month's Economic Earnings for the twelve-month period ending on the Second Vesting Date over $70,000,000: $80,000,000 - $70,000,000 = $10,000,000 $60,000,000 + $10,000,000 = $70,000,000 $70,000,000 / $70,000,000 = 1.0 Resulting in a Catch-Up Ratio applicable to the First Vesting Date of 1.0. Therefore, after applying Section 2.3(b), at the Second Vesting Date, the portion of Performance Shares that did not vest at the First Vesting Date will be fully vested and 100.0% of one third of the Performance Shares will have vested as of the Second Vesting Date.
Sample 1Sample 2
Scenario D. If neither trial has shown superiority of a regimen, then the DSMB might recommend continuation of both trials unless there is very strong and consistent evidence of equivalence of the two regimens in the two trials. Such evidence might be that the RCI for the hazard ratio in each trial is entirely within the range 0.5 to 2, and the RCI for the hazard ratio in the two trials combined is entirely within the range 0.75 to 1.333. The requirement for consistency of evidence from the two trials might also involve the need for the estimated differences between NNRTI-based and PI-based therapy being in the same direction in both trials so that there is no concern that there may be a qualitative difference in which regimen might be preferred according to whether or not a woman had previously received SD NVP.
Sample 1
Scenario D. The Consolidated Company’s Trailing Twelve Month’s Earnings is $40,000,000 as of the First Vesting Date, $60,000,000 as of the Second Vesting Date and $40,000,000 as of the Third Vesting Date. The resulting Performance Ratio at each Vesting Date is: First Vesting Date: $40,000,000 / $50,000,000 = 0.8 Second Vesting Date: $60,000,000 / $50,000,000 = 1.2 (deemed to be 1.0) Third Vesting Date: $40,000,000 / $50,000,000 = 0.8 Therefore, 80.0% of one third of the Shares (or 26.66% of the Shares) vest on the First Vesting Date, and, absent application of Section 2.2, 100.0% of one third of the Shares vest on the Second Vesting Date for and 80.0% of one third of the Shares (26.66%) vest on the Third Vesting Date for total vesting of 86.65% of the Shares. However, applying Section 2.2, at the Second Vesting Date, $10,000,000 of the Trailing Twelve Month’s Earnings of the Consolidated Company for the Second Vesting Date would be applied to the Trailing Twelve Month’s Earnings of the Consolidated Company for the First Vesting Date, as follows: Excess of Trailing Twelve Month’s Earnings over $50,000,000: $60,000,000 - $50,000,000 = $10,000,000 $40,000,000 + $10,000,000 = $50,000,000 $50,000,000 / $50,000,000 = 1.0 Resulting in a Catch-Up Ratio applicable to the First Vesting Date of 1.0. Therefore, after applying Section 2.2, at the Second Vesting Date, the portion of Shares that did not vest at the First Vesting Date (20.0% of one third) will be fully vested and 100.0% of one third of the Shares will have vested as of the Second Vesting Date. Because there is a second Shortfall Date that occurs as of the Third Vesting Date, the provisions of Section 2.2 are unavailable to determine whether the additional Shares shall vest, as prior period performance is not considered for purposes of Section 2.2. That is, regardless of an excess over $50,000,000 for the Trailing Twelve Month’s Earnings at the Second Vesting Date, this excess cannot be used to calculate subsequent Catch-Up Ratios under Section 2.2. Therefore, the portion of Shares that did not vest at the Third Vesting Date (20.0% of one third) remain unvested. 100.0% of one third of the Shares will have vested at each of the First and Second Vesting Date and 80.0% of one third of the Shares will become Vested Shares at the Final Vesting Date.
Sample 1

Examples of Scenario D in a sentence

  • As illustrated under Scenario D in the tables above, such purchase of Shares will have the effect of reducing the working capital and net tangible assets of the Company and of the Group by the dollar value of the Shares purchased.

  • As illustrated under Scenario D in the tables above, such purchase of Shares will have the effect of reducing the working capital and NAV of the Company and of the Group by the dollar value of the Shares purchased.

  • Scenario D of the Jopson Memo directs that: Where applicant is above a reservoir which has an all year season of collection or diversion and exercises full control of the stream during the critical season; or where a downstream diverter takes the entire flow during the critical season.

  • Fahey contends that one instruction, Scenario D, is relevant to this case.

  • As illustrated under Scenario D in the tables above, such purchase of Shares will have the effect of reducing the working capital and NTA of the Company and of the Group by the US$ value of the Shares purchased.

  • However, the scenario sets reviewed that used a matrix-type approach did not strictly follow this method, and did not limit the scenario options to just two states of two possible attributes.Attribute 1Attribute 2Option 2a Option 2bOption 1a Option 1b Scenario A Scenario B Scenario C Scenario D Figure 1.

  • Scenario D: Socially Disadvantaged TerminologyA farmer submits an EQIP application.

  • IntuitionRobustness Scenario A (Weights amplified) Robustness Scenario B (Sysytem Integration amplified)Robustness Scenario C (Operability and certifiability amplified) Robustness Scenario D (Noise amplified)Robustness Scenario E (Costs amplified) Robustness Scenario F (Aerodynamics amplified) Mean0.9 0.8 Weighted Normalized Scores0.7 0.6 0.5 0.4 0.3 0.2 0.1 06g 6m 9g 9m 7e 7m 8e 8m 5g 5m 10e 10m Fig.

  • In order for the organic material streams described in Scenario D to become available for processing, these materials would need to be diverted from the waste stream in the respective communities, and agreements would need to be established with the jurisdictions from where these organic material streams would be sourced.

  • Mean number and standard deviation of prompts per scenario-protocolScenario A Scenario B Scenario C Scenario D Scenario E Scenario F Prompts Mean 5.03 2.37 17.75 3.62 1.483 1.55SD 4.01 3.16 11.24 3.96 1.64 2.24A significant interaction effect between scenario-protocols and series was found: F (20, 40) = 10.01, p < .001, partial η²= .83.

Related to Scenario D

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