Calculation. Any figure or percentage referred to in this Agreement shall be carried to seven decimal places.
Calculation. Each of the foregoing ratios and financial requirements shall be calculated as of the last day of each Fiscal Quarter.
Calculation. Interest will be computed on the basis of a year of 360 days and paid for the actual number of days elapsed.
Calculation. The FSA will be calculated as follows:
(a) Eight hundred dollars ($800.00) to be allocated to each eligible Full-time Employee and pro-rated for each eligible Part-time Employee based on their FTE as of December 1st (eligibility date) of each year.
Calculation. ((total problems – total problems failing standard) / total problems) * 100 = percentage problem response (as calculated by rounding to the second decimal point). Note: this calculation must be completed for each problem severity level.
Calculation. In determining any amount provided for in this Section 2.09, the Affected Person may use any reasonable averaging and attribution methods. The Administrative Agent, on behalf of any Affected Person making a claim under this Section 2.09, shall submit to the Borrower and the Collateral Manager a certificate of a Responsible Officer of the Affected Person setting forth in reasonable detail the basis for and the computations of such additional or increased costs, which certificate shall be conclusive absent manifest error. The Borrower shall pay such amount shown as due on any such certificate on the next Payment Date after receipt thereof.
Calculation. In determining any amount provided for in this Section 2.12, the Affected Party may use any reasonable averaging and attribution methods. Any Affected Party making a claim under this Section 2.12 shall submit to the Borrower a certificate as to such additional or increased cost or reduction, which certificate shall be conclusive absent manifest error.
Calculation. For the purposes of calculating the ratios in clauses (1) and (2) above and for the purpose of Section 3.4 and in relation to the delivery of a Compliance Certificate, the following rules shall apply, and the Borrowers shall provide details, satisfactory to the Administrative Agent, of the EBITDA derived from Subsidiaries that are not Material Subsidiaries:
(a) the ratios shall be determined as of the last day of each Fiscal Quarter on a rolling four quarter basis based on the Compliance Certificate delivered in respect of such Fiscal Quarter and the ratios so determined shall be deemed to apply throughout the subsequent Fiscal Quarter unless a disposition or Permitted Acquisition occurs during such Fiscal Quarter, in which case the ratios shall be adjusted as of the closing date of such disposition or Permitted Acquisition; provided, that if a Compliance Certificate shall be delivered late, not be in form and substance satisfactory to the Credit Facility Lenders or prove to be incorrect, the Credit Facility Lenders may adjust the calculation based on the information available to them;
(b) for all purposes if a Borrower or a Material Subsidiary shall make a disposition or Permitted Acquisition, other than a disposition to or acquisition from a Borrower or another Material Subsidiary, then (i) the EBITDA that the Borrowers in respect of the 12-month period following the closing date of such disposition or Permitted Acquisition shall thereupon be adjusted on a pro forma basis to include the EBITDA of the operation comprising the Permitted Acquisition or exclude the EBITDA of the operations disposed of (without deduction for any management fees) and to include annualized interest on any Debt assumed in connection with such Permitted Acquisition or exclude annualized interest on any Debt repaid or assumed by a third party in connection with such disposition, in each case, for the applicable portion of the 12-month period preceding such closing date and (ii) the Cash Interest Coverage Ratio in respect of the 12-month period following the closing of such disposition or Permitted Acquisition shall thereupon be adjusted on a pro forma basis to include or exclude annualized Cash Interest on Debt assumed in connection therewith or any Debt repaid or assumed by a third party in connection with such disposition, in each case, for the applicable portion of the 12-month period preceding such closing date provided that, where the operations disposed of were previously ac...
Calculation. DDR is calculated as the number of E-Line EVC test frames, EVC test frames within the specified traffic priority class that are successfully delivered from PE to PE within the Core Network divided by the total number of E-Line EVC test frames, test frames within the specified traffic priority class, sent per calendar month is: DDR (DDR for load consisting of frames) = frames Delivered/frames Offered *100
Calculation. To ensure that the eligible assets (assets discounted based upon Fitch’s and Moody’s ratings, as described below) of the Fund are greater than the Fund’s basic maintenance amount (as described below). If the eligible assets are less than the basic maintenance amount, the Fund fails the test. The Fund’s basic maintenance amount is the sum of the following: BMA Component Calculation
