Calculation Example Clause Samples

A Calculation Example clause provides a sample computation to illustrate how a specific formula or method in the contract should be applied. This clause typically presents a hypothetical scenario using assumed numbers to demonstrate the step-by-step process of reaching a result, such as calculating interest, penalties, or payment amounts. By offering a concrete example, the clause helps clarify complex calculations and ensures all parties have a shared understanding of how contractual terms will be implemented in practice, thereby reducing the risk of disputes over interpretation.
Calculation Example. An example of the calculation of the applicable revenue, commission and charges in a typical ClickThrough advertising proposal would be as follows: Item Cost Revenues From an Advertising Proposal $35.00 CPM Less Applicable Agency Commission @ 15% ($5.25) Less NetGravity Charges @ $0.50US ($0.80) Canadian Dollar equivalent Equals Net Advertising Sales $28.95 ClickThrough Commission @ 37.5% $10.86 Balance of Revenue to be paid to Company $18.09
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Calculation Example. The price will be based on the average delivery day to refinery in Dubai.
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Calculation Example. Total number of hours worked for the four (4) weeks immediately preceding the holiday divided by twenty (20) days.
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Calculation Example. For the sole purpose of illustrating the calculation of the Base Earnout Payment and the Additional Earnout Payment, the following examples are provided: (i) Assuming EBIT for 1997 (prorated from the Effective Time) were $700,000, the Base Earnout Payment would be $225,000 and the Additional Earnout Payment would be $61,595 (31%) of $198,693 the difference between the EBIT Target and the EBIT Earnout Base for 1997. (ii) Assuming EBIT for 1998 were $421,200, the Base Earnout Payment would be $185,112, or about 82.3% of $225,000; and the difference of $90,761 between the EBIT Earnout Base of $511,961 and EBIT of $421,200 would be added to the EBIT Earnout Base for 1999, thus increasing such base from $511,961 to $602,722. (iii) Assuming EBIT for 1999 were $602,722, the Base Earnout Payment would be $264,888 (representing the base of $225,000 and a full recoupment of the $39,888 Shortfall for 1998); and no Additional Earnout Payment would be made since EBIT equalled the Adjusted EBIT Earnout Base. In this example, to the extent that EBIT were to fall between the original EBIT Earnout Base of $511,961 and the Adjusted EBIT Earnout Base of $602,722, only a (iv) Assuming instead that EBIT for 1999 were $2,000,000, the Base Earnout Payment would be $264,888 (the $225,000 plus the recoupment of the $39,888 1998 Shortfall), and there would be an Additional Earnout Payment of $204,872 (equaling 31% of the difference between the EBIT Target of $1,263,600 and the Adjusted EBIT Earnout Base of $602,722).
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Calculation Example. In this example, Feb 2006 is the first year anniversary of the contract. Therefore, Old PPI: Jan 2006 PPI for Computer Printers = 129.4 New PPI: Jan 2007 PPI for Computer Printers = 125.5 New PPI / Old PPI = Price De-escalation Rate (rounded to four decimal points) “Old Price Discount %” ÷ “Price De-escalation Rate” = New Price Discount % (rounded to two decimal points) 125.5 ÷ 129.4 = .9699 which equates to a Price De-escalation Rate of 96.99% 50% ÷ 96.99% = 51% (New Price Discount Percent) Any decreases negotiated during the term of the contract shall become effective no later than thirty (30) days after approval of the request.
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Related to Calculation Example

  • Calculation Any figure or percentage referred to in this Agreement shall be carried to seven decimal places.

  • Payment Calculation District shall pay Contractor at a rate of $ per . District shall pay Contractor as described in attached Exhibit A

  • Pro Forma Calculations (a) Notwithstanding anything to the contrary herein, financial ratios, tests and covenants, including the Leverage Ratio and the Fixed Charge Coverage Ratio shall be calculated in the manner prescribed by this Section 1.9. (b) For purposes of calculating any financial ratio, covenant or test, Specified Transactions (with any incurrence or repayment (excluding voluntary repayments) of any Debt in connection therewith to be subject to Section 1.9(c)) that have been made (i) during the applicable measurement period and (ii) subsequent to such period and prior to or simultaneously with the event for which the calculation of any such ratio is made shall be calculated on a pro forma basis assuming that all such Specified Transactions (and any increase or decrease in EBITDA and the component financial definitions used therein attributable to any Specified Transaction) had occurred on the first day of the applicable measurement period. If, since the beginning of any applicable period any Person that subsequently became a Subsidiary or was merged, amalgamated or consolidated with or into Borrower or any of its Subsidiaries since the beginning of such period shall have made any Specified Transaction that would have required adjustment pursuant to this Section 1.9, then such financial ratio or test shall be calculated to give pro forma effect thereto in accordance with this Section 1.9. (c) In the event that Borrower or any Subsidiary incurs (including by assumption or guarantees) or repays (including by redemption, repayment (other than voluntary repayments), retirement or extinguishment) any Debt included in the calculations of any financial ratio, covenant or test (in each case, other than Debt incurred or repaid under any revolving credit facility), (i) during the applicable period or (ii) subsequent to the end of the applicable period and prior to or simultaneously with the event for which the calculation of any such ratio is made, then such financial ratio or test shall be calculated giving pro forma effect to such incurrence or repayment of Debt, to the extent required, as if the same had occurred on the last day of the applicable period.

  • Long Term Cost Evaluation Criterion # 4. READ CAREFULLY and see in the RFP document under "Proposal Scoring and Evaluation". Points will be assigned to this criterion based on your answer to this Attribute. Points are awarded if you agree not i ncrease your catalog prices (as defined herein) more than X% annually over the previous year for years two and thr ee and potentially year four, unless an exigent circumstance exists in the marketplace and the excess price increase which exceeds X% annually is supported by documentation provided by you and your suppliers and shared with TIP S, if requested. If you agree NOT to increase prices more than 5%, except when justified by supporting documentati on, you are awarded 10 points; if 6% to 14%, except when justified by supporting documentation, you receive 1 to 9 points incrementally. Price increases 14% or greater, except when justified by supporting documentation, receive 0 points. increases will be 5% or less annually per question Required Confidentiality Claim Form This completed form is required by TIPS. By submitting a response to this solicitation you agree to download from th e “Attachments” section, complete according to the instructions on the form, then uploading the completed form, wit h any confidential attachments, if applicable, to the “Response Attachments” section titled “Confidentiality Form” in order to provide to TIPS the completed form titled, “CONFIDENTIALITY CLAIM FORM”. By completing this process, you provide us with the information we require to comply with the open record laws of the State of Texas as they ma y apply to your proposal submission. If you do not provide the form with your proposal, an award will not be made if your proposal is qualified for an award, until TIPS has an accurate, completed form from you. Read the form carefully before completing and if you have any questions, email ▇▇▇▇ ▇▇▇▇▇▇ at TIPS at ▇▇▇▇.▇▇▇▇▇▇@t ▇▇▇-▇▇▇.▇▇▇ If the vendor is awarded a contract with TIPS under this solicitation, the vendor agrees to make any Choice of Law c lauses in any contract or agreement entered into between the awarded vendor and with a TIPS member entity to re ad as follows: "Choice of law shall be the laws of the state where the customer resides" or words to that effect. Agreed In the event of litigation or use of any dispute resolution model when resolving disputes with a TIPS member entity a s a result of a transaction between the vendor and TIPS or the TIPS member entity, the Venue for any litigation or ot her agreed upon model shall be in the state and county where the customer resides unless otherwise agreed by the parties at the time the dispute resolution model is decided by the parties. Agreed

  • Long Term Cost Evaluation Criterion # 4 READ CAREFULLY and see in the RFP document under "Proposal Scoring and Evaluation". Points will be assigned to this criterion based on your answer to this Attribute. Points are awarded if you agree not i ncrease your catalog prices (as defined herein) more than X% annually over the previous year for years two and thr ee and potentially year four, unless an exigent circumstance exists in the marketplace and the excess price increase which exceeds X% annually is supported by documentation provided by you and your suppliers and shared with TIP S, if requested. If you agree NOT to increase prices more than 5%, except when justified by supporting documentati on, you are awarded 10 points; if 6% to 14%, except when justified by supporting documentation, you receive 1 to 9 points incrementally. Price increases 14% or greater, except when justified by supporting documentation, receive 0 points. increases will be 5% or less annually per question Required Confidentiality Claim Form This completed form is required by TIPS. By submitting a response to this solicitation you agree to download from th e “Attachments” section, complete according to the instructions on the form, then uploading the completed form, wit h any confidential attachments, if applicable, to the “Response Attachments” section titled “Confidentiality Form” in order to provide to TIPS the completed form titled, “CONFIDENTIALITY CLAIM FORM”. By completing this process, you provide us with the information we require to comply with the open record laws of the State of Texas as they ma y apply to your proposal submission. If you do not provide the form with your proposal, an award will not be made if your proposal is qualified for an award, until TIPS has an accurate, completed form from you. Read the form carefully before completing and if you have any questions, email ▇▇▇▇ ▇▇▇▇▇▇ at TIPS at ▇▇▇▇.▇▇▇▇▇▇@t ▇▇▇-▇▇▇.▇▇▇