CALCULATION AND RECALCULATION OF THE ANNUAL REMUNERATION Sample Clauses

CALCULATION AND RECALCULATION OF THE ANNUAL REMUNERATION. 7. For the respective year (i.e., for each 12-month period starting with the commencement of the payment of the Annual remuneration according to the provisions of the Agreement), the Annual remuneration is calculated according to the following equation: = + 3 + 4 + 5 where: Mn Annual remuneration in the nth year MSn Flows of the borrowed and own capital in the Debt and equity capital flows in the nth year M3n Costs of the financial and investment activities in the nth year M4n Service provision costsin the nth year M5n Administration and management costs in the nth year
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