CALCULATION WORKSHEET Sample Clauses

The CALCULATION WORKSHEET clause establishes the requirement for a standardized form or document to be used when performing and presenting calculations related to the agreement. Typically, this worksheet details the specific inputs, formulas, and results for financial or quantitative matters such as payments, adjustments, or performance metrics. By mandating a consistent calculation method and format, the clause ensures transparency, reduces the risk of errors or disputes, and facilitates mutual understanding between the parties.
CALCULATION WORKSHEET. Following the definitions and calculations more fully defined in the Credit Agreement:
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CALCULATION WORKSHEET. 1. Agree the total market value of Assets of Borrower to the Borrower's supporting documentation and agree the market value of all Assets of Borrower on the Year-End Investor Report to the total of the portfolio of investments included in the Borrower's audited financial statements. So long as no Default or Event of Default shall have occurred and be continuing, in no case shall a report prepared and delivered to the Agent with respect to an audit performed in accordance with this Schedule V be required to report any unreconciled errors that are individually less than $100,000. SCHEDULE VI JURISDICTION OF FORMATION Massachusetts PRINCIPAL OFFICE ; TRUSTEE LOCATIONS ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ NAMES USED BY THE BORROWER First Trust/Four Corners Senior Floating Rate Income Fund II NAMES AND STATES OF RESIDENCE OF TRUSTEES ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ - Illinois ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ - Illinois ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ - Tennessee ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ - Illinois ▇▇▇▇▇ ▇. ▇▇▇▇▇ - Illinois SCHEDULE VII LOCATIONS OF LOAN DOCUMENTS ▇ ▇▇▇▇▇▇ ▇▇▇▇▇ Brooklyn, NY 11217 EXHIBIT A FORM OF ADVANCE NOTE ADVANCE NOTE $__________ _________, ____ FOR VALUE RECEIVED, on the Maturity Date (as defined in the Credit Agreement hereinafter referred to) of each Advance made by the [Conduit Lender] [Secondary Lender] to the undersigned (the "Borrower") pursuant to the Credit Agreement (defined below), the Borrower hereby promises to pay [INSERT NAME OF CONDUIT LENDER OR SECONDARY LENDER] (together with its successors and assigns the ["Conduit Lender"] ["Secondary Lender"]) the unpaid principal amount of each such Advance, in immediately available funds and in lawful money of the United States of America, and to pay Yield on the unpaid balance of said principal Advance from the Borrowing Date thereof, until the principal amount thereof shall have been paid in full, in like funds and money as provided in said Credit Agreement for Advances made by the [Conduit Lender] [Secondary Lender] and at the maturity thereof. Capitalized terms used in this promissory note unless otherwise defined herein shall have the meaning assigned to such terms in the Credit Agreement. This promissory note is an Advance Note referred to in the Revolving Credit and Security Agreement dated as of July 13, 2012 (as from time to time amended, modified, or supplemented, the "Credit Agreement") among the Borrower, [the Conduit Lender], [Secondary Lender], the other banks and financial institutions parties thereto, and...
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CALCULATION WORKSHEET. Tangible Net Worth Total Debt to Tangible Net Worth Rate
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CALCULATION WORKSHEET. 1. Agree the total market value of Assets of Borrower to the Borrower’s supporting documentation and agree the market value of all Assets of Borrower on the Year-End Investor Report to the total of the portfolio of investments included in the Borrower’s audited financial statements. [Reserved] ▇▇▇▇▇ ▇▇▇▇ ▇▇., Suite 800 Dallas, TX 75420 Australian Dollar 85.68 % British Pound 89.29 % Canadian Dollar 90.46 % Danish Krone 86.65 % Euro 87.24 % Icelandic Krona 86.06 % Japanese Yen 85.57 % New Zealand Dollar 84.49 % Norwegian Krone 85.83 % Swedish Krona 85.60 % Swiss Franc 85.77 % $ , ___ FOR VALUE RECEIVED, on the Maturity Date (as defined in the Credit Agreement hereinafter referred to) of each Advance made by the [Conduit Lender] [Secondary Lender] to the undersigned (the “Borrower”) pursuant to the Credit Agreement (defined below), the Borrower hereby promises to pay [INSERT NAME OF CONDUIT LENDER OR SECONDARY LENDER] (together with its successors and assigns the [”Conduit Lender“] [”Secondary Lender“]) the unpaid principal amount of each such Advance, in immediately available funds and in lawful money of the United States of America, and to pay Yield on the unpaid balance of said principal Advance from the Borrowing Date thereof, until the principal amount thereof shall have been paid in full, in like funds and money as provided in said Credit Agreement for Advances made by the [Conduit Lender] [Secondary Lender] and at the maturity thereof. Capitalized terms used in this promissory note unless otherwise defined herein shall have the meaning assigned to such terms in the Credit Agreement. This promissory note is an Advance Note referred to in the Revolving Credit and Security Agreement dated as of June 27, 2008 (as from time to time amended, modified, or supplemented, the “Credit Agreement”) among the Borrower, [the Conduit Lender], [Secondary Lender], the other banks and financial institutions parties thereto, and The Bank of Nova Scotia, acting through its New York Agency, as agent. The date and principal amount of each Advance made to the Borrower and of each repayment of principal thereon shall be recorded by the [Conduit Lender] [Secondary Lender] or its designee on Schedule II attached to this Advance Note, and the aggregate unpaid principal amount shown on such schedule shall be rebuttable presumptive evidence of the principal amount owing and unpaid on the Advances made by the [Conduit Lender] [Secondary Lender]. The failure to record or any error i...
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CALCULATION WORKSHEET. Tangible Net Worth
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Related to CALCULATION WORKSHEET

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

  • Calculations All calculations under this Section 3 shall be made to the nearest cent or the nearest 1/100th of a share, as the case may be. For purposes of this Section 3, the number of shares of Common Stock deemed to be issued and outstanding as of a given date shall be the sum of the number of shares of Common Stock (excluding treasury shares, if any) issued and outstanding.

  • 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.

  • Financial Covenant Calculations The parties hereto acknowledge and agree that, for purposes of all calculations made in determining compliance for any applicable period with the financial covenants set forth in Section 6.7 and for purposes of determining the Applicable Margin, (i) after consummation of any Permitted Acquisition, (A) income statement items and other balance sheet items (whether positive or negative) attributable to the target acquired in such transaction shall be included in such calculations to the extent relating to such applicable period (including by adding any cost saving synergies associated with such Permitted Acquisition in a manner reasonably satisfactory to the Agent), subject to adjustments mutually acceptable to Borrowers and the Agent and (B) Indebtedness of a target which is retired in connection with a Permitted Acquisition shall be excluded from such calculations and deemed to have been retired as of the first day of such applicable period and (ii) after any Disposition permitted by Section 6.8), (A) income statement items, cash flow statement items and balance sheet items (whether positive or negative) attributable to the property or assets disposed of shall be excluded in such calculations to the extent relating to such applicable period, subject to adjustments mutually acceptable to Borrowers and the Agent and (B) Indebtedness that is repaid with the proceeds of such Disposition shall be excluded from such calculations and deemed to have been repaid as of the first day of such applicable period.