Common use of Quarterly Calculation Clause in Contracts

Quarterly Calculation. At the conclusion of each calendar quarter of the Term for each of the first three calendar quarters of every Year after the Effective Date, and within thirty (30) days after BAC has provided the Required Reports for such quarter, MasterCard shall make the appropriate calculation to determine the **** earned for such period pursuant to this Section 2.2 (the “****”). The quarterly **** during the Term will be determined by **** from Table 3, below, based upon the **** determined pursuant to Section 2.1(A)(4) and will be subject to **** as provided herein **** ($****) **** **** **** **** **** **** **** **** **** **** **** **** ****

Appears in 1 contract

Sources: Customer Business Agreement (Mastercard Inc)

Quarterly Calculation. At the conclusion of each calendar quarter of the Term for each of the first three calendar quarters of every Year after the Effective Date, and within thirty (30) days after BAC has provided the Required Reports for such quarter, MasterCard shall make the appropriate calculation to determine the **** earned for such period pursuant to this Section 2.2 (the “****”). The quarterly **** during the Term will be determined by **** from Table 3, below, based upon the **** determined pursuant to Section 2.1(A)(4) and will be subject to **** as provided herein herein. Notwithstanding the foregoing, the **** ($****) to be applied the last Year of the **** Term shall be the **** that was applied to **** **** **** **** **** **** **** **** **** **** ****in the immediately preceding Year.

Appears in 1 contract

Sources: Customer Business Agreement (Mastercard Inc)

Quarterly Calculation. At the conclusion of each calendar quarter of the Term for each of the first three calendar quarters of every Year after the Effective Date, and within thirty (30) days after BAC has provided the Required Reports for such quarter, MasterCard shall make the appropriate calculation to determine the **** earned for such period pursuant to this Section 2.2 (the “****”). The quarterly **** during the Term will be determined by **** from Table 3, below, based upon the **** determined pursuant to Section 2.1(A)(4) and will be subject to **** as provided herein EXECUTION VERSION Table 3 **** ($****) **** **** **** **** **** **** **** **** **** **** **** **** ****

Appears in 1 contract

Sources: Customer Business Agreement