Common use of Roundings Clause in Contracts

Roundings. (i) ECIn and ICn will be calculated to the nearest tenth (1 decimal). (ii) Each quotient (ECIn/ECIb) and (ICn/ICb) will be calculated to the nearest ten-thousandth (4 decimals). (iii) The final factor will be rounded to the nearest ten-thousandth (4 decimals). If the next succeeding place is five (5) or more the preceding decimal place will be raised to the nearest higher figure. After final computation Pn will be rounded to the nearest whole number (0.5 rounds to 1).

Appears in 3 contracts

Sources: Purchase Agreement (Spirit Airlines, Inc.), Purchase Agreement (Spirit Airlines, Inc.), Purchase Agreement (Spirit Airlines, Inc.)

Roundings. (i) ECIn and ICn will be calculated to the nearest tenth (1 decimal). (ii) Each quotient (ECIn/ECIb) and (ICn/ICb) will be calculated to the nearest ten-ten thousandth (4 decimals). (iii) The final factor will be rounded to the nearest ten-thousandth (4 decimals). If the next succeeding place is five (5) or more the preceding decimal place will be raised to the nearest higher figure. After final computation Pn will be rounded to the nearest whole number (0.5 rounds to 1).

Appears in 3 contracts

Sources: Purchase Agreement (Spirit Airlines, Inc.), Purchase Agreement (Spirit Airlines, Inc.), Purchase Agreement (Spirit Airlines, Inc.)

Roundings. (i) ECIn and ICn will shall be calculated to the nearest tenth (1 decimal). (ii) Each quotient (ECIn/ECIb) and (ICn/ICb) will shall be calculated to the nearest ten-thousandth (4 decimals). (iii) The final factor will shall be rounded to the nearest ten-thousandth (4 decimals). If if the next succeeding place is five (5) or more the preceding decimal place will shall be raised to the nearest higher figure. After final computation Pn will shall be rounded to the nearest whole number (0.5 rounds to 1).

Appears in 2 contracts

Sources: A320 Purchase Agreement (China Eastern Airlines Corp LTD), A320 Purchase Agreement (China Eastern Airlines Corp LTD)

Roundings. (i) ECIn and ICn will be calculated to the nearest tenth (1 decimal). (ii) . Each quotient (ECIn/ECIb) ECIb and (ICn/ICb) will be calculated to the nearest ten-thousandth (4 decimals). (iii) . The final factor will be rounded to the nearest ten-thousandth (4 decimals). If the next succeeding place is five (5) or more the preceding decimal place will be raised to the nearest higher figure. After final computation Pn will be rounded to the nearest whole number (0.5 rounds to 1).

Appears in 1 contract

Sources: Purchase Agreement (American Airlines Inc)

Roundings. (i) ECIn and ICn will shall be calculated to the nearest tenth (1 decimal). (ii) Each quotient (ECIn/ECIb) and (ICn/ICb) will shall be calculated to the nearest ten-thousandth (4 decimals). (iii) The final factor will shall be rounded to the nearest ten-thousandth (4 decimals). If the next succeeding place is five (5) or more the preceding decimal place will shall be raised to the nearest higher figure. After final computation Pn will shall be rounded to the nearest whole number (0.5 rounds to 1).

Appears in 1 contract

Sources: A320 Purchase Agreement (Jetblue Airways Corp)

Roundings. (i) ECIn and ICn will be calculated to the nearest tenth (1 decimal). (ii) Each quotient (quotient, ECIn/ECIb) ECIb and (ICn/ICb) will , shall be calculated to the nearest ten-thousandth (4 decimals). (iiiii) The final factor will shall be rounded to the nearest ten-thousandth (4 decimals). If the next succeeding place is five (5) or more more, the preceding decimal place will shall be raised to the nearest higher figure. After final computation Pn will shall be rounded to the nearest whole number (0.5 rounds to 1).

Appears in 1 contract

Sources: Purchase Agreement (Intrepid Aviation LTD)