Common use of Calculation Method Clause in Contracts

Calculation Method. Calculate 5% of the Base (Base Step x 0.05) Step 2: Base Step + 5% of the Base (as calculated in Step 1) to calculate L (10 Years) Step 3: Base Step + 2 x 5% of the Base (as calculated in Step 1) to calculate LL (15 Years) Example:

Appears in 2 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding

Calculation Method. Calculate 55 % of the Base (Base Step x 0.05) Step 2: Base Step + 5% of the Base (as calculated in Step 1) to calculate L (10 Years) Step 3: Base Step + 2 x 5% of the Base (as calculated in Step 1) to calculate LL (15 Years) Example:

Appears in 1 contract

Sources: Memorandum of Understanding

Calculation Method. Calculate 5% of the Base (Base Step x 0.05) Step 2: Base Step + 5% of the Base (as calculated in Step 1) to calculate L (10 Years) Step 3: Base Step + 2 x 5% of the Base (as calculated in Step 1) to calculate LL (15 Years) Example:)

Appears in 1 contract

Sources: Memorandum of Understanding