Quantity Calculations Clause Samples

The Quantity Calculations clause defines how the amounts or quantities of goods, services, or materials are determined under a contract. It typically outlines the methods or formulas used to measure or verify quantities, such as through physical measurement, weight, or count, and may specify who is responsible for performing these calculations. This clause ensures that both parties have a clear and agreed-upon process for determining quantities, reducing the risk of disputes and ensuring accurate billing or delivery.
Quantity Calculations. 2 All quantities shown for bid items used in the 3 construction contract documents and cost estimate shall 4 include easy to follow backup calculations demonstrating how 5 the quantities were determined. Quantity calculations shall 6 be accompanied with sketches, diagrams and dimensions 7 necessary to allow them to be independently used by field 8 inspectors.
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Quantity Calculations. We will answer contractor questions and issue addenda where necessary during the bidding process.
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Quantity Calculations. ▇▇▇▇▇▇ will continuously monitor and track the construction material quantities throughout the course of the construction phase and provide weekly review summaries to the Sponsor. The Construction Inspector will assist with the tracking of quantities during the full- time inspection services.
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Quantity Calculations. A. The Survey Contractor shall have the capability to compute excavation and placement quantities from work performed under this contract. Volume computations shall be generated by using the TIN (Triangulated Irregular Network) computation method, as outlined in the USACE Hydrographic Surveying Manual EM ▇▇▇▇-▇-▇▇▇▇, dated January 2002, and any subsequent changes/revisions issued by the USACE. A 5-foot by 5-foot matrix using the average depth of all depths recorded in a cell shall be generated from the edited multi-beam data to perform the TIN volume computations. The survey Contractor will compute materials quantities to the nearest cubic yard. Tabulated summaries shall be submitted that show volumes dredged and volumes placed within the tolerances provided herein.
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Quantity Calculations. The County shall submit the PDI Report in draft form to DEQ for approval. Upon receipt of DEQ’s comments, the County shall revise the PDI Report to incorporate feedback. The County shall re-submit revised reports to DEQ until DEQ approves.
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Related to Quantity Calculations

  • 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.

  • 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.

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

  • 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).

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