Common use of Calculation Adjustments Clause in Contracts

Calculation Adjustments. For any testing period ending less than four Fiscal Quarters after the Closing Date: (i) “Consolidated Net Cash Interest Expense” shall be annualized for the period from the Closing Date to the relevant testing date, by multiplying Consolidated Net Cash Interest Expense by A/ B, where A=365 and B equals the number of days elapsed since (and including) the Closing Date;

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Grifols Germany GmbH)

Calculation Adjustments. For any testing period ending less than four Fiscal Quarters after the Original Closing Date: (i) , “Consolidated Net Cash Interest Expense” shall be annualized for the period from the Original Closing Date to the relevant testing date, by multiplying Consolidated Net Cash Interest Expense by A/ B, where A=365 and B equals the number of days elapsed since (and including) the Original Closing Date;.

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Grifols SA)