Computation of Clause Samples

The 'Computation of' clause defines the method or process by which certain values, figures, or amounts are calculated under the agreement. It typically outlines the specific formulas, variables, or reference data to be used, and may specify who is responsible for performing the calculation and when it should occur. For example, it might detail how interest, damages, or payments are to be computed based on agreed rates or indices. This clause ensures transparency and consistency in financial or quantitative determinations, reducing the risk of disputes over how key numbers are derived.
Computation of delays For purposes of computing delays specified in this Agreement, the starting day is not counted, but the final day is counted. (a) Saturdays and Sundays; (b) January 1st and 2nd; (c) Good Friday;
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Computation of delays For purposes of computing delays specified in this Agreement, the starting day is not counted, but the final day is counted. The following listed days are counted but if the last day falls on one of the following listed days the time interval is extended to the next day: (a) Saturdays and Sundays; (b) January 1st and 2nd; (c) Good Friday; (d) Easter Monday; (e) July 1st, Canada Day; (f) The first Monday in September, Labour Day; (g) September 30th, National Day for Truth and Reconciliation;
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Computation of. Consideration For the purposes of this Section ---------------------------- ------- (i) the consideration for the issue or sale of any Additional Shares of Common Stock shall, irrespective of the accounting treatment of such consideration,
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Computation of delays For purposes of computing delays specified in this Agreement, the starting day is not counted, but the final day is counted. The following listed days are counted but if the last day falls on one of the following listed days the time interval is extended to the next day: (a) Saturdays and Sundays; (b) January 1st and 2nd; (c) Good Friday; (d) Easter Monday; (e) July 1st, Canada Day; (f) The first Monday in September, Labour Day; (g) The second Monday in October, Thanksgiving; (h) The 11th of November, Remembrance Day; (i) December 25 and 26, Christmas and Boxing Day; (j) The third Monday of May; (k) Any other day proclaimed or decreed by the Federal government or the government of the province where the contract is executed as a public holiday. 21.02
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Computation of. Once we have extracted each bit of the committed message x, we forward it into a component which validates that (x) = 1. However, this component might often be implemented as a circuit in a different field, such as a boolean circuit. To that end, we shall convert our arithmetic shares of bits into boolean shares via Algorithm 6 which is based on the share conversion technique of [20].
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Computation of. Consideration For the purposes of this Section ----------------------------
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Computation of. DISCOUNT
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Related to Computation of

  • Computation of Overtime In computing overtime a period of thirty (30) minutes or less shall be counted as one-half (½) hour and a period of more than thirty (30) minutes but less than sixty

  • Computation In the event the Prime Rate is changed from time to time hereafter, the applicable rate of interest hereunder shall be increased or decreased, effective as of the day the Prime Rate is changed, by an amount equal to such change in the Prime Rate. All interest chargeable under the Loan Documents shall be computed on the basis of a three hundred sixty (360) day year for the actual number of days elapsed.

  • Interest Computation In computing interest on the Obligations, all checks, wire transfers and other items of payment received by Silicon (including proceeds of Receivables and payment of the Obligations in full) shall be deemed applied by Silicon on account of the Obligations three Business Days after receipt by Silicon of immediately available funds, and, for purposes of the foregoing, any such funds received after 12:00 Noon on any day shall be deemed received on the next Business Day. Silicon shall not, however, be required to credit Borrower's account for the amount of any item of payment which is unsatisfactory to Silicon in its sole discretion, and Silicon may charge Borrower's loan account for the amount of any item of payment which is returned to Silicon unpaid.

  • Computations Unless otherwise expressly set forth herein, any accrued interest on any Loan, any Fees or any other Obligations due hereunder shall be computed on the basis of a year of 360 days and the actual number of days elapsed.

  • Computation of Amounts For purposes of computing the amount of any item of income, gain, loss, deduction or expense to be reflected in Capital Accounts, the determination, recognition and classification of each such item shall be the same as its determination, recognition and classification for federal income tax purposes; provided that: (i) any income that is exempt from Federal income tax shall be added to such taxable income or losses; (ii) any expenditures of the Company described in Section 705(a)(2)(B) of the Code or treated as Code Section 705(a)(2)(B) expenditures pursuant to Treasury Regulation Section 1.704-1(b)(2)(iv)(i), shall be subtracted from such taxable income or losses; (iii) if the Book Value of any Company property is adjusted pursuant to Treasury Regulation Section 1.704-1(b)(2)(iv)(e) (in connection with a distribution of such property) or (f) (in connection with a revaluation of Capital Accounts), the amount of such adjustment shall be taken into account as gain or loss from the disposition of such property; (iv) if property that is reflected on the books of the Company has a Book Value that differs from the adjusted tax basis of such property, depreciation, amortization and gain or loss with respect to such property shall be determined by reference to such Book Value; and (v) the computation of all items of income, gain, loss, deduction and expense shall be made without regard to any election pursuant to Section 754 of the Code that may be made by the Company, unless the adjustment to basis of Company property pursuant to such election is reflected in Capital Accounts pursuant to Treasury Regulation Section 1.704-1(b)(2)(iv)(m).