Calculation Rules and Conventions Clause Samples
Calculation Rules and Conventions. The Managing Member will employ the following calculation rules and conventions in determining the Internal Rate of Return of a Class B Member:
(i) Continuity of Ownership. The Managing Member will treat ownership of each Class B Unit as being continuous from the applicable Acquisition Date with respect to such Class B Units to the date as of which the calculation is being made without regard to any change in ownership of such Class B Unit during such period.
Calculation Rules and Conventions. The Managing Member shall employ the following calculation rules and conventions in determining the Flip Point:
Calculation Rules and Conventions. In performing the calculations and making the determinations with respect to the Flip Point as described in Section 10.1, the Manager shall employ the following calculation rules and conventions:
Calculation Rules and Conventions. The Managing Member will employ the following calculation rules and conventions in determining whether the Class B Member has reached the Target Internal Rate of Return:
Calculation Rules and Conventions. The Managing Member will employ the following calculation rules and conventions in determining the Internal Rate of Return of GEPIF:
Calculation Rules and Conventions. The Parties will employ the following calculation rules and conventions in determining ISQ’s Internal Rate of Return with respect to the ISQ Shares then owned by ISQ at the applicable time:
Calculation Rules and Conventions. The Parties will employ the following calculation rules and conventions in determining BDT&MSD’s Internal Rate of Return with respect to the BDT&MSD Shares then owned by BDT&MSD at the applicable time: