Time Calculation Sample Clauses

Time Calculation. Any extra hours worked shall be calculated to the nearest one-quarter (¼) hour, or such lesser period required by the Fair Labor Standards Act or Oregon Law. a. Except when deviations are justified by special circumstances, employees shall be offered additional hours in accordance with the callback procedures agreed to by the District and the RVPFF. This procedure shall not apply to early callback and holdovers.
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Time Calculation. In computing any period of time described in this Option Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is not a Business Day, in which event the period shall run until the end of the next day which is a Business Day. As used herein, the term “Business Day” means any day that is not a Saturday, Sunday, or legal holiday for national banks in Denver, Colorado.
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Time Calculation. For the purpose of this Chapter a month is deemed to consist of 30 days and 312 hours 8.
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Time Calculation. For purposes of calculating work assignments, extra time or time worked, time shall be rounded to the next one-quarter (1/4) hour for all employees. When the District implements a time clock, payment for time worked will be based on actual time worked.
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Time Calculation. Any extra hours worked shall be calculated to the nearest one- quarter (¼) hour, or such lesser period required by the Fair Labor Standards Act or Oregon Law.
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Time Calculation. All time references contained in this Agreement shall be based upon the prevailing time calculation (e.g., Eastern Standard, Eastern Daylight) in the time zone of the United States in which Lender is located on the relevant day.
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Related to Time Calculation

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

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

  • Proration of calculations If less than total program funding is subject to interest calculation procedures, the resulting interest liability calculations shall be prorated to 100% of program funding.

  • Interest Calculation Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the period for which the calculation is being made by (b) a daily rate based on a three hundred sixty (360) day year by (c) the outstanding principal balance.

  • 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.