Rounding Conventions Clause Samples

The Rounding Conventions clause establishes the rules for how numerical values are rounded within the context of the agreement. It typically specifies whether numbers should be rounded up, down, or to the nearest whole number or decimal place, and may set thresholds for when rounding occurs. This clause ensures consistency and clarity in financial calculations, preventing disputes over minor discrepancies that could arise from differing rounding methods.
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Rounding Conventions. Regarding rounding of results, percentages shall be computed to one decimal point (i.e., XX.X%). • Target Units that will vest and any Additional Shares that will be issued from the application of the methods in the foregoing subsection F(3) and Section D above shall only be paid out in whole shares of Common Stock. Any fractional shares that would otherwise result from such application shall be rounded down to the nearest whole number of shares.
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Rounding Conventions. The Corporation may, in its sole discretion and taking into account any requirements of the Code, determine the effect of any adjustments on Shares and may provide that no fractional Shares will be issued (rounding up or down as determined by the Corporation).
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Rounding Conventions. Regarding rounding of results, percentages shall be computed to one decimal point, i.e., XX.X%)
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Rounding Conventions. • Regarding rounding of TSRs, percentages for each company in the Peer Group shall be computed to two decimal points (i.e., XX.XX%). • Regarding TSR Percentile Rank, the percentile rankings for each company in the Peer Group shall be rounded to the nearest percentage (e.g., 85% rather than 85.4166666%) before calculating the linearly interpolated payout, and the final payout percentage shall be rounded to the nearest percentage (e.g., 183% rather than 183.333333%). • Target Units that will vest and any Additional Shares that will be issued from the application of the methods and formula set forth in the foregoing subsection F(3) and Section D above shall only be paid out in whole shares of Common Stock. Any fractional shares that would otherwise result from such application shall be rounded down to the nearest whole number of shares.
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Rounding Conventions. Regarding rounding of TSRs, percentages for each company in the Peer Group shall be computed to two decimal points, i.e., XX.XX%)
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Rounding Conventions. The following conventions will apply for values used and values computed for this procedure: • Heat Rate – MMBtu/MWh rounded to 3 decimal places • NOx emission rate – pounds/MMBtu rounded to 3 decimal places • Tons of NOx emissions – tons rounded to 0 decimal places • Value of NOx emission allowances – dollars rounded to 0 decimal places • MWh dispatched – MWh rounded to 3 decimal places
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Rounding Conventions. Regarding rounding of TSRs, percentages for each company in the Peer Group shall be computed to two decimal points (i.e., XX.XX%). • Regarding TSR Percentile Rank, the percentile rankings for each company in the Peer Group shall be rounded to the nearest percentage (e.g., 85% rather than 85.4166666%) before calculating the linearly interpolated payout, and the final payout percentage shall be rounded to the nearest percentage (e.g., 183% rather than 183.333333%). • Target Units that will vest and any Additional Shares that will result from the application of the methods and formula set forth in the foregoing subsection F(3) and Section D above shall only be paid out in whole shares of Common Stock. Any fractional shares that would otherwise result from such application shall be rounded down to the nearest whole number of shares. If Participant resides in the State of California, Section 15(c)(ii) of the foregoing Performance Share Unit Award Agreement shall be restated as follows:
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Rounding Conventions. For purposes of calculating any Share amounts pursuant to the foregoing formulae, the applicable number of Shares shall be rounded to the nearest whole number. EXHIBIT A SECTION 83(B) TAX ELECTION
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Rounding Conventions. Regarding rounding of results, percentages shall be computed to one decimal point (i.e., XX.X%). • Target Units that will vest and any Additional Shares that will be issued result from the application of the methods in the foregoing subsection F(3) and Section D above shall only be paid out in whole shares of Common Stock. Any fractional shares that would otherwise result from such application shall be rounded down to the nearest whole number of shares. If Participant resides in the State of California, Section 15(c)(ii) of the foregoing Performance Share Unit Award Agreement shall be restated as follows:
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Related to Rounding Conventions

  • Measurements and arithmetic conventions All measurements and calculations shall be in the metric system and calculations done to 2 (two) decimal places, with the third digit of 5 (five) or above being rounded up and below 5 (five) being rounded down.

  • File Naming Conventions Files will be named according to the following convention: {gTLD}_{YYYY-MM-DD}_{type}_S{#}_R{rev}.{ext} where: {gTLD} is replaced with the gTLD name; in case of an IDN-TLD, the ASCII-compatible form (A-Label) must be used; {YYYY-MM-DD} is replaced by the date corresponding to the time used as a timeline watermark for the transactions; i.e. for the Full Deposit corresponding to 2009-08-02T00:00Z, the string to be used would be “2009-08-02”; {type} is replaced by: “full”, if the data represents a Full Deposit; “diff”, if the data represents a Differential Deposit; “thin”, if the data represents a Bulk Registration Data Access file, as specified in Section 3 of Specification 4; {#} is replaced by the position of the file in a series of files, beginning with “1”; in case of a lone file, this must be replaced by “1”. {rev} is replaced by the number of revision (or resend) of the file beginning with “0”: {ext} is replaced by “sig” if it is a digital signature file of the quasi-homonymous file. Otherwise it is replaced by “ryde”.

  • Conventions For purposes of this Article XIII, Party A means the Carrier from which a telephone number is Ported, and Party B means the carrier to which a telephone number is ported.

  • Union Conventions Leave of Absence without pay and without loss of seniority shall be granted upon request to the Employer, to employees elected or appointed to represent the Union at Union Conventions or seminars. The total of such time off for all causes and for all employees in this unit combined shall not exceed fifteen (15) working days in any calendar year.

  • Rounding of Calculations; Minimum Adjustments All calculations under this Section 13 shall be made to the nearest one-tenth (1/10th) of a cent or to the nearest one- hundredth (1/100th) of a share, as the case may be. Any provision of this Section 13 to the contrary notwithstanding, no adjustment in the Exercise Price or the number of Shares into which this Warrant is exercisable shall be made if the amount of such adjustment would be less than $0.01 or one-tenth (1/10th) of a share of Common Stock, but any such amount shall be carried forward and an adjustment with respect thereto shall be made at the time of and together with any subsequent adjustment which, together with such amount and any other amount or amounts so carried forward, shall aggregate $0.01 or 1/10th of a share of Common Stock, or more.