Hourly Calculations Clause Samples

The 'Hourly Calculations' clause defines how work hours are measured and billed under an agreement. It typically outlines the method for tracking time spent on tasks, such as using time sheets or electronic logs, and specifies the billing rate per hour. This clause ensures that both parties have a clear understanding of how charges are determined for hourly work, preventing disputes over payment and promoting transparency in the billing process.
Hourly Calculations. The payments of Section 13.3 and receipts of Section 13.4 shall be calculated Hourly, but are accumulated and billed Monthly among the Companies.
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Hourly Calculations. (a) For purposes of Sub-sections (a), (b) and (d) above, the Base Fee shall include one-way travel time from NKSD’s ▇▇▇▇▇▇▇▇▇ office to the location of the appointment, if such location is within Thirty (30) miles of the ▇▇▇▇▇▇▇▇▇ office. If the location is more than Thirty (30) miles from the ▇▇▇▇▇▇▇▇▇ office, the Base Fee shall include round trip travel time (plus mileage reimbursement) from either NKSD’s ▇▇▇▇▇▇▇▇▇ office or the interpreter’s or captionist’s beginning location, whichever is closer to the appointment. (c) Assignments ending prior to the originally scheduled time will be charged for the number of hours originally scheduled. (d) If, after an interpreter or captionist arrives at an appointment, Client determines that he/she is not needed, Client shall still be charged for the duration of the scheduled appointment pursuant to the charges identified in this Section 2.
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Hourly Calculations. (a) For purposes of Sub-sections (a), (b) and (d) above, the Base Fee shall include one-way travel time from NKSD’s ▇▇▇▇▇▇▇▇▇ office to the location of the appointment, if such location is within Thirty (30) miles of the ▇▇▇▇▇▇▇▇▇ office. If the location is more than Thirty (30) miles from the ▇▇▇▇▇▇▇▇▇ office, the Base Fee shall include round trip travel time (plus mileage reimbursement) from either NKSD’s ▇▇▇▇▇▇▇▇▇ office or the interpreter’s or captionist’s beginning location, whichever is closer to the appointment. (b) All charges shall be calculated in one-half hour increments, with any partial hour being rounded to the next highest one-half hour increment. (c) Assignments ending prior to the originally scheduled time will be charged for the number of hours originally scheduled. (d) If, after an interpreter or captionist arrives at an appointment, Client determines that he/she is not needed, Client shall still be charged for the duration of the scheduled appointment pursuant to the charges identified in this Section 2.
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Related to Hourly Calculations

  • 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.

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

  • Payment Calculation District shall pay Contractor at a rate of $ per . District shall pay Contractor as described in attached Exhibit A

  • Interest Calculations Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

  • Interest Rates Payments and Calculations (a) Interest Rates. From the Effective Date, all Obligations charged to the Loan Account with respect to the Loans shall, subject to Section 2.5(c)(ii), bear interest payable in cash on the Outstanding Amount at a rate per annum equal to ABR plus the Applicable Margin and shall be payable in accordance with Section 2.5(c).