Common use of 3Rounding Clause in Contracts

3Rounding. Any financial ratios required to be maintained by Holdings and its Subsidiaries pursuant to this Agreement shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding up if there is no nearest number).

Appears in 2 contracts

Samples: Credit Agreement (Enfusion, Inc.), Credit Agreement (Enfusion, Inc.)

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3Rounding. Any financial ratios required to be maintained by Holdings Borrower and its Subsidiaries pursuant to this Agreement shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding up if there is no nearest number).

Appears in 1 contract

Samples: Credit Agreement (Enfusion, Inc.)

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3Rounding. Any financial ratios required to be maintained by Holdings and its Subsidiaries the Borrower pursuant to this Agreement shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding rounding-up if there is no nearest number).

Appears in 1 contract

Samples: Credit Agreement (Axcelis Technologies Inc)

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