Common use of Calculation Method Clause in Contracts

Calculation Method. Step 1: Calculate 5% of the Base (Base Step x 0.05) Step 2: Base Step + 5% of the Base (as calculated in Step 1) to calculate L (10 Years) Step 3: Base Step + 2 x 5% of the Base (as calculated in Step 1) to calculate LL (15 Years) Example:

Appears in 3 contracts

Samples: scmtd.com, scmtd.com, www.scmtd.com

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Calculation Method. Step 1: Calculate 55 % of the Base (Base Step x 0.05) Step 2: Base Step + 5% of the Base (as calculated in Step 1) to calculate L (10 Years) Step 3: Base Step + 2 x 5% of the Base (as calculated in Step 1) to calculate LL (15 Years) Example:

Appears in 1 contract

Samples: scmtd.com

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