Variable Component definition

Variable Component means that component of consideration allocable to each Eligible Policy as provided in Section 7.1(b)(ii). Such Variable Component shall be equal to the sum of (i) the Basic Variable Component and (ii) the Additional Variable Component, if any.
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Variable Component means components that are used as bases in production sharing calculation adjustment as described in Exhibit “F”.
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Variable Component. Defined as the component of the Metric Benefit for the Preterm Birth, Healthy Birth Intervals, and Child Injury PFS Metrics that is not contingent upon the achievement of a minimum threshold as defined in Article V.B in this Contract. The dollar amount of the Variable Component of each Metric Benefit shall be determined by the PFS Impact Estimate and the number of Project Participants. The Metric Benefit for each of the PFS Outcome Metrics shall be calculated as follows: 1. Preterm Birth Metric Benefit = Fixed Component + Variable Component 2. Healthy Birth Interval Metric Benefit = Fixed Component + Variable Component
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Examples of Variable Component in a sentence

  • Thus, there are no credits for unit sales in this subsection of the Variable Component.

  • In accordance with the Settlements, the estimated CTC related costs that are reconciled annually are primarily the costs comprising the Variable Component.

  • The Variable Component is set forth in Section 1.2 of the CTC formula.

  • FERC approval was received on February 28, 2006.In accordance with the Settlements, the estimated CTC related costs that are reconciled annually are primarily the costs comprising the Variable Component.

  • If the actual cost of any aspect of the Work is greater or less than that set forth in the Provisioning Schedule, such fact shall not cause any change in the Initial Contract Price, except for the Variable Component.

  • The Fixed Component of the Initial Contract Price includes all the Work except for the Work described in the Variable Component.

  • If Good Reason is determined to exist, your salary, Variable Component and Fringe Benefits prior to such determination will be no less than your salary, Variable Component and benefits immediately prior to the Change of Control which gives rise to your right to receive Termination Benefits as provided in this Agreement.

  • The initial Contract Price for the Work, in United States Dollars (US$) is a fee of * (the "Initial Contract Price") which includes a fixed component of * (the "Fixed Component") and a variable component of * (which is subject to adjustment to correspond to the actual cost (including out-of-pocket fees and expenses) incurred by Contractor in obtaining land in Japan on which two cable stations, and any parking lots thereto, are built pursuant to Sub-Article 6(D) (the "Variable Component").

  • This period shall begin with the payment, even in part (upfront or deferred), of the Variable Component.In addition, ex post correction mechanisms may not lead to an increase in the Variable Component initially recognised or of the Variable Component previously reduced or reduced to zero as a result of the application of malus or claw-backs.

  • Example = + % Variable Component 16 Premium If consideration is paid for the sole purpose of securing the lease/ tenancy, please input the value here.


More Definitions of Variable Component

Variable Component means: the component of the remuneration based on performance, including bonuses, premiums and other incentive remuneration schemes;
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Variable Component has the meaning given in Clause 4.2;
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Variable Component means technology Controlled by Novartis or any of its Affiliates that Novartis elects to combine with a Licensed ARCUS Nuclease in a Licensed Product. [***]
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Related to Variable Component

  • Principal Component The principal payment plus any interest payments that are either due after the date specified in, or are specified as ineligible for stripping in, the applicable Supplemental Agreement.

  • Class C Component The Component having such designation.

  • Components means articles, materials, and supplies incorporated directly into end products at any level of manufacture, fabrication, or assembly by the Contractor or any subcontractor.

  • Accrual Components As specified in the Preliminary Statement.

  • Interest Component Each future interest payment, or portion thereof, due on or prior to the Maturity Date, or if the Debt Security is subject to redemption or repayment prior to the Maturity Date, the first date on which such Debt Security is subject to redemption or repayment.

  • Class D Component The Component having such designation.

  • Component means an article, material, or supply incorporated directly into an end product.

  • Class A-S Component The Component having such designation.

  • Performance of the Basket Componenti (final) means the Performance of the Basket Componenti on the Final Observation Date according to the following formula:Ki (final) / Ki (initial)

  • Index Component means those securities, assets or reference values of which the Index is comprised from time to time.

  • Class E Component The Component having such designation.

  • Bearing components means the bearing element, retainer, inner race, or outer race.

  • Class X-A Components The Class A-1 Component, Class A-2 Component, Class A-3 Component, Class A-4 Component, Class A-AB Component and Class A-S Component, each of which constitutes a separate class of “regular interests”, within the meaning of Code Section 860G(a)(1), in the Upper-Tier REMIC with a pass-through rate equal to its Class X Strip Rate from time to time and a notional amount equal to its Component Notional Amount from time to time.

  • Class B Component The Component having such designation.

  • Corresponding Component As identified in the Preliminary Statement with respect to any Class of Non-Vertically Retained Principal Balance Certificates or Lower-Tier Regular Interest.

  • Structural component means a component that supports non-variable forces or weights (dead loads) and variable forces or weights (live loads).

  • Performance of the Basket Componenti (k means the Performance of the Basket Componenti on the respective Observation Date (k) according to the following formula:Ki (k) / Ki (initial)

  • Cumulative Compounded RFR Rate means, in relation to a Loan (or any part of it) accruing interest at the Compounded Reference Rate, the percentage rate per annum determined by the Facility Agent in accordance with the methodology set out in Schedule 15C (Cumulative Compounded RFR Rate) or in any relevant Compounding Methodology Supplement.

  • Service Component means an individual component of a Service provided under this Agreement.

  • Capital components means those items, whether or not a part of the common area, for which the association has the obligation for repair, replacement or restoration and for which the board of directors determines funding is necessary.

  • Dilution Volatility Component means the product (expressed as a percentage) of (i) the difference between (a) the highest three (3)-month rolling average Dilution Ratio over the past 12 Calculation Periods and (b) the Adjusted Dilution Ratio, and (ii) a fraction, the numerator of which is equal to the amount calculated in (i)(a) of this definition and the denominator of which is equal to the amount calculated in (i)(b) of this definition.

  • Daily Non-Cumulative Compounded RFR Rate means, in relation to any U.S. Government Securities Business Day during a Floating Rate Interest Period for a Loan (or any part of it), the percentage rate per annum determined by the Facility Agent in accordance with the methodology set out in Schedule 15B (Daily Non-Cumulative Compounded RFR Rate) or in any relevant Compounding Methodology Supplement.

  • Class A-2 Component The Component having such designation.

  • AMPS Basic Maintenance Amount, as of any Valuation Date, means the dollar amount equal to (i) the sum of (A) the product of the number of shares of AMPS and Other AMPS Outstanding on such Valuation Date multiplied by the sum of (a) $25,000 and (b) any applicable redemption premium attributable to the designation of a Premium Call Period; (B) the aggregate amount of cash dividends (whether or not earned or declared) that will have accumulated for each share of AMPS and Other AMPS Outstanding, in each case, to (but not including) the end of the current Dividend Period that follows such Valuation Date in the event the then current Dividend Period will end within 49 calendar days of such Valuation Date or through the 49th day after such Valuation Date in the event the then current Dividend Period will not end within 49

  • Variable-aperture beam-limiting device means a beam-limiting device which has capacity for stepless adjustment of the x-ray field size at a given SID.

  • Fixed Retained Yield Rate With respect to each Mortgage Loan, a per annum rate equal to the greater of (a) zero and (b) the Mortgage Interest Rate on such Mortgage Loan minus the sum of (i) 6.500%, (ii) the applicable Servicing Fee Rate and (iii) the Master Servicing Fee Rate.