Percentage Calculation Clause Samples

The Percentage Calculation clause defines how percentages are determined and applied within the context of the agreement. It typically outlines the specific formula or method used to calculate percentages, such as revenue shares, commissions, or discounts, and may specify the base figures or time periods involved. By clearly establishing the calculation method, this clause ensures transparency and consistency, reducing the risk of disputes over financial entitlements or obligations.
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Percentage Calculation. For purposes of determining the number of Current Films to which the ten percent (10%) applies pursuant to Section 3.3, any partial number of 0.5 or greater shall be rounded up and any partial number of less than 0.5 shall be rounded down (e.g., assuming thirty seven (37) Current Films, ten percent (10%) of such Current Films would be deemed to be four (4) Current Films).
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Percentage Calculation. Each percentage point described in Section 8.4.2.1 through 8.4.2.4 shall be measured in tenths of a percentage, with percentages less than 0.49% constituting the lower percentage value and percentages greater than or equal to 0.50% constituting the immediately higher percentage value (e.g., 5.149% would be 5.1% and 5.150% would be 5.2%), excepting only that the lowest percentage shall be the absolute minimum.
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Related to Percentage Calculation

  • Annual Percentage Rate Each Receivable has an APR of not more than 25.00%.

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

  • Subsequent Recalculation In the event the Internal Revenue Service adjusts the computation of the Company under Section 5.2 herein so that the Executive did not receive the greatest net benefit, the Company shall reimburse the Executive for the full amount necessary to make the Executive whole, plus a market rate of interest, as determined by the Committee, within 30 days after such adjustment.

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

  • 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).