Common use of Annual Calculation Clause in Contracts

Annual Calculation. At the end of the 4th calendar quarter of each Year during the Term, and within thirty (30) days after BAC has provided all Required Reports for such Year, MasterCard shall make the appropriate calculation and **** as follows: 1. The **** will be used with Table 2 to determine the corresponding ****, as well as **** and the ****, for that Year. 2. The “****” is calculated as follows: **** Then, the “****” is calculated as follows: ****. See Annex A for examples of this calculation.

Appears in 2 contracts

Samples: Customer Business Agreement, Customer Business Agreement (Mastercard Inc)

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Annual Calculation. At the end of the 4th calendar quarter of each Year during the Term, and within thirty (30) days after BAC has provided all Required Reports for such Year, MasterCard shall make the appropriate calculation and **** to determine the **** as follows: 1. The **** will be used with Table 2 3 to determine the corresponding ****, as well as **** and the ****, for that Year. 2. The “****” is calculated as follows: **** Then, the “****” is calculated as follows: ****. See Annex A B for examples of this calculation.

Appears in 2 contracts

Samples: Customer Business Agreement, Customer Business Agreement (Mastercard Inc)

Annual Calculation. At the end of the 4th calendar quarter of each Year during the Term, and within thirty (30) days after BAC has provided all Required Reports for such Year, MasterCard shall make the appropriate calculation and **** as follows: 1. The **** will be used with Table 2 to determine the corresponding ****, as well as **** and the ****, for that Year. Notwithstanding the foregoing, the **** to be applied the **** Year of the **** Term shall be the **** that was applied to **** in the immediately preceding Year. 2. The “****” is calculated as follows: **** Then, the “****” is calculated as follows: **** ****. See Annex A for examples of this calculation.

Appears in 1 contract

Samples: Customer Business Agreement (Mastercard Inc)

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Annual Calculation. At the end of the 4th calendar quarter of each Year during the Term, and within thirty (30) days after BAC has provided all Required Reports for such Year, MasterCard shall make the appropriate calculation and **** to determine the **** as follows: 1. The **** will be used with Table 2 3 to determine the corresponding ****, as well as **** and for that Year. Notwithstanding the foregoing, the **** to be applied the *, for *** Year of the **** Term shall be the **** that was applied to **** in the immediately preceding Year. 2. The “****” is calculated as follows: **** Then, the “****” is calculated as follows: ****. See Annex A B for examples of this calculation.

Appears in 1 contract

Samples: Customer Business Agreement (Mastercard Inc)

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