Sharing Formula definition

Sharing Formula means the product of FMU Annual Revenues, Sharing Percentage, First Nation Allocation, and Number of FMU First Nations to generate the FMU Annual Funds for each forest management unit specified in Appendix 1, the sum of which equates to the Forestry Portion of the Funds, as explained in Section 2 below;
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Sharing Formula means, with respect to the SVA Amount specified in Section 6.08(h)(ii), an apportionment of such SVA Amount such that the Sherwin- Williams Claims Trust receives or retains the TR Share and Gentek H▇▇▇▇▇▇▇ and its Subsidiaries receive or retain the remainder.
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Examples of Sharing Formula in a sentence

  • Profit sharing contributions shall be allocated to each Member's Account for the Contribution Determination Period at the election of the Employer, in accordance with one of the following options: Profit Sharing Formula 1 - In the same ratio as each Member's Salary during such Contribution Determination Period bears to the total of such Salary of all Members.

  • Profit Sharing Formula 2 - In the same ratio as each Member's Salary for the portion of the Contribution Determination Period during which the Member satisfied the Employer's eligibility requirement(s) bears to the total of such Salary of all Members.

  • Franchisee shall extend Cable Service to potential Subscribers upon request where the density standards of Section 3.2 are not satisfied in accordance with the terms and conditions of the Line Extension Cost Sharing Formula attached hereto as Exhibit D which Exhibit D is incorporated herein by reference.

  • Profit Sharing Formula 2 – In the same ratio as each Member’s Salary for the portion of the Contribution Determination Period during which the Member satisfied the Employer’s eligibility requirement(s) bears to the total of such Salary of all Members.

  • Franchisee shall also extend service if Town, or any other governmental authority, agrees to pay the cost of the extension that a customer would be required to bear under the Line Extension Cost Sharing Formula.

  • Profit sharing contributions shall be allocated to each Member’s Account for the Contribution Determination Period at the election of the Employer, in accordance with one of the following options: Profit Sharing Formula 1 – In the same ratio as each Member’s Salary during such Contribution Determination Period bears to the total of such Salary of all Members.

  • Effective December 1, 2023 Salary Schedules/Grids in all of Subsidiary Agreements shall be increased by 1.5% plus an additional .5% subject to the following Gain Sharing Formula: Gain Sharing Formula: Alberta’s 20-year average (2000-2019) of Real Gross Domestic Product (GDP) is 2.7%.

  • Profit Sharing Formula 7 – Subject to the overall permitted disparity limit, Profit Sharing contributions shall be allocated as follows: Step One: If the plan is Top-Heavy (See Article X, Section 10.2), contributions will be allocated to each Member’s account in the ratio that each Member’s Salary bears to the total of all Members’ Salary, but not in excess of 3% of each Member’s Salary.

  • January 1, 2023 – 1.25% September 1, 2023, 1.50% plus an additional .5% subject to the following Gain Sharing Formula: Alberta’s 20-year average (2000-2019) of Real Gross Domestic Product (GDP) is 2.7%.

  • Profit Sharing Formula 5 – In a uniform percentage (as specified by the Employer in the Adoption Agreement) of each Member’s Salary during the Contribution Determination Period (the “Base Contribution Percentage”), plus a uniform percentage (as specified by the Employer in the Adoption Agreement) of each Member’s Salary for the Contribution Determination Period in excess of the Integration Level (as specified by the Employer in the Adoption Agreement).

Related to Sharing Formula

  • Floating Profit/Loss means current profit/loss on Open Positions calculated at the current Quotes.

  • Net Loss means, for each fiscal year or other applicable period, an amount equal to the Partnership’s taxable income or loss for such year or period as determined for federal income tax purposes by the General Partner, determined in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a) of the Code shall be included in taxable income or loss), adjusted as follows:

  • Excess Contributions means, with respect to any Plan Year, the excess of:

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Allocation Year Means (i) the period commencing on the Closing Date and ending on December 31, 2006, (ii) any subsequent period commencing on January 1 and ending on the following December 31, or (iii) any portion of the period described in clause (ii) for which the Company is required to allocate Profits, Losses and other items of Company income, gain, loss or deduction pursuant to Article V.