Calculation of Percentages Sample Clauses

The 'Calculation of Percentages' clause defines the method by which percentages are determined and applied within the agreement. It typically specifies the base figures, rounding conventions, and any relevant timeframes or data sources used in the calculation process. By standardizing how percentages are calculated, this clause ensures consistency and prevents disputes over numerical interpretations, thereby promoting clarity and fairness in the contract's execution.
POPULAR SAMPLE Copied 1 times
Calculation of Percentages. The Company’s Revenue shall be calculated as a percentage of the Company’s target cumulative revenue for fiscal years 2011, 2012 and 2013 of $ million and multiplied by 0.5 (the “Revenue Percentage Component”). The Company’s Normalized EPS shall be calculated as a percentage of the Company’s target cumulative normalized earnings per share, calculated in accordance with generally accepted accounting principles in the United States of America, as reported in the 2013 Financial Statements for fiscal years 2011, 2012 and 2013 of $ and multiplied by 0.5 (the “Normalized EPS Component”). The sum of the Revenue Percentage Component and the Normalized EPS Component shall be the “Actual Percentage of Targets.”
View SourceView Similar (9)
Calculation of Percentages. 47 Section 20. Transfers in Violation of Agreement....................... 47 Section 21.
View SourceView Similar (2)
Calculation of Percentages. When calculating the percentage of Common Stock owned by any Stockholder for any purpose hereunder, all shares of Common Stock underlying Existing Options and the Warrants shall be included whether or not any of the Existing Options or Warrants have been exercised or are exercisable, the certificates issued (including subsequent issuances) pursuant to the Voting Trust Agreement shall be treated as Common Stock and subject to all the rights and obligations included herein and the shares of Common Stock owned by the Management Stockholders shall include the shares of Common Stock held by the Voting Trust.
View SourceView Similar (2)
Calculation of Percentages. In order that the calculation of percentages referred to herein will reflect average conditions, a sufficient period of time, in the past or projected into the future, shall be used so that all of an employee's regular assignments are included, and normal variations in time spent on each assignment are taken into consideration.
View SourceView Similar (2)
Calculation of Percentages. Percentages for any allocations required in this Memorandum shall be rounded to the nearest one-one hundredth of one percent.
View Source
Calculation of Percentages. Solely for purposes of Articles IV, V and VI, in determining each Stockholder's proportionate interest of the Company's issued and outstanding capital stock and calculating the number of shares of capital stock which Stockholders are entitled to purchase pursuant to Section 6.01 hereof, the Company shall be deemed to have one class of capital stock outstanding,
View Source

Related to Calculation of Percentages

  • Computation of Periods If the date to perform any act or give any notice specified in the Contract Documents (including the last date for performance or provision of notice “within” a specified time period) falls on a non-Business Day, such act or notice may be timely performed on the next succeeding day which is a Business Day. Notwithstanding the foregoing, requirements contained in the Contract Documents relating to actions to be taken in the event of an emergency and other requirements for which it is clear that performance is intended to occur on a non-Business Day, shall be required to be performed as specified, even though the date in question may fall on a non-Business Day.

  • Basis for calculation of periodic payments All interest and commitment fee and any other payments under any Finance Document which are of an annual or periodic nature shall accrue from day to day and shall be calculated on the basis of the actual number of days elapsed and a 360 day year.

  • CALCULATION OF NET ASSET VALUE U.S. Trust will calculate the Fund's daily net asset value and the daily per-share net asset value in accordance with the Fund's effective Registration Statement on Form N-2 (the "Registration Statement") under the Securities Act of 1933, as amended (the "Securities Act"), including its current prospectus. If so directed, U.S. Trust shall also calculate daily the net income of the Fund

  • Determination of Net Asset Value The Trustees shall cause the Net Asset Value of Shares of each Series or Class to be determined from time to time in a manner consistent with applicable laws and regulations. The Trustees may delegate the power and duty to determine Net Asset Value per Share to one or more Trustees or officers of the Trust or to a custodian, depository or other agent appointed for such purpose. The Net Asset Value of Shares shall be determined separately for each Series or Class at such times as may be prescribed by the Trustees or, in the absence of action by the Trustees, as of the close of regular trading on the New York Stock Exchange on each day for all or part of which such Exchange is open for unrestricted trading.

  • Calculation of Adjustments All adjustments to the Settlement Rate shall be calculated to the nearest 1/10,000th of a share of Common Stock (or if there is not a nearest 1/10,000th of a share to the next lower 1/10,000th of a share). No adjustment in the Settlement Rate shall be required unless such adjustment would require an increase or decrease of at least one percent therein; provided, that any adjustments which by reason of this subparagraph are not required to be made shall be carried forward and taken into account in any subsequent adjustment. If an adjustment is made to the Settlement Rate pursuant to paragraph (1), (2), (3), (4), (5), (6), (7) or (10) of this Section 5.6(a), an adjustment shall also be made to the Applicable Market Value solely to determine which of clauses (i), (ii) or (iii) of the definition of Settlement Rate in Section 5.1(a) will apply on the Stock Purchase Date. Such adjustment shall be made by multiplying the Applicable Market Value by a fraction, the numerator of which shall be the Settlement Rate immediately after such adjustment pursuant to paragraph (1), (2), (3), (4), (5), (6), (7) or (10) of this Section 5.6(a) and the denominator of which shall be the Settlement Rate immediately before such adjustment; provided, that if such adjustment to the Settlement Rate is required to be made pursuant to the occurrence of any of the events contemplated by paragraph (1), (2), (3), (4), (5), (7) or (10) of this Section 5.6(a) during the period taken into consideration for determining the Applicable Market Value, appropriate and customary adjustments shall be made to the Settlement Rate.