Calculation Date. The present value of the Retirement Severance Pay benefits and the Early Retirement Plan benefits under the Prior Agreement shall be calculated, effective as of June 30, 2003. Using the above assumptions and the other assumptions contained on the Buy Out Spread Sheet attached hereto and incorporated herein as Appendix , FSC shall prepare the present value calculations for each teacher and the contributions described hereinafter will be made.
Calculation Date. The present value of the Retirement benefits under the Prior Agreement shall be calculated, effective as of June 30,
Calculation Date. In each year, each of those days in the calendar year that are specified in the applicable Supplemental Agreement as being the scheduled Interest Payment Dates regardless, for this purpose, of whether any such date is in fact an Interest Payment Date and, for the avoidance of doubt, a “Calculation Date” may occur prior to the Issue Date or after the last Principal Payment Date.
Calculation Date. The term "
Calculation Date. In each year, each of those days in the calendar year that are specified in the applicable Supplemental Agreement as being the scheduled Interest Payment Dates regardless, for this purpose, of whether any such date is in fact an Interest Payment Date and, for the avoidance of doubt, a “Calculation Date” may occur prior to the Issue Date or after the last Principal Payment Date. Cap: A maximum interest rate at which interest may accrue on a Variable Rate Debt Security during any Interest Reset Period. Citibank — London: Citibank, N.A., London office, the Global Agent for Registered Debt Securities. Citigroup — Frankfurt: Citigroup Global Markets Europe AG, the Registrar for Registered Debt Securities. Clearstream, Luxembourg: Clearstream Banking, société anonyme, which holds securities for its participants and facilitates the clearance and settlement of securities transactions between its participants through electronic book-entry changes in accounts of its participants.
Calculation Date. The term “CALCULATION DATE” means each of the dates upon which the APPLICABLE MARGINS are to be determined and adjusted, which adjustment shall be made quarterly on the date occurring five (5) BUSINESS DAYS after the date on which the LENDER receives the quarterly COMPLIANCE CERTIFICATE in accordance with the provisions of Section 2.1.2 of this AGREEMENT, or otherwise as required by the terms of this AGREEMENT.
Calculation Date. In each year, each of those days in the calendar year that are specified in the applicable Supplemental Agreement as being the scheduled Interest Payment Dates regardless, for this purpose, of whether any such date is in fact an Interest Payment Date and, for the avoidance of doubt, a “Calculation Date” may occur prior to the Issue Date or after the last Principal Payment Date. Cap: A maximum interest rate at which interest may accrue on a Variable Rate Debt Security during any Interest Reset Period. Citibank — London: Citibank, N.A., London branch, the Global Agent for Registered Debt Securities.
Calculation Date. The present value of the unfunded Target Benefits under the Prior Agreement shall be calculated, effective as of March 31, 2003.
Calculation Date. The present value of the Retirement Pay benefits contained in the Prior Agreement shall be calculated as of June 30, 2004. The interest earned on the present value as of June 30, 2004, at the time the bond proceeds are actually deposited will be added to the June 30, 2004, present value at the time of deposit.
Calculation Date. The present value of the retirement severance pursuant to Section 28.2, subsection a, in effect prior to August 24, 2004, shall be calculated, effective as of June 30, 2004.
