Common use of Calculation of EPM Entitlements Clause in Contracts

Calculation of EPM Entitlements. (a) Each Group Creditor’s allocated proportion of EPM Entitlements, taking into account each AFF Financier’s AFF Holdco Facilities Commitment Entitlement, will be calculated as follows: where: 𝐸 × 𝑉 × (1 ― (42% 𝑥 𝐴)) E = a DOCA Creditor’s EPM Recovery (which will exclude, for the avoidance of doubt, any recovery to which a Group Creditor would be entitled to in respect of a Group Creditor Claim which is an AFF Waived Claim or an Intra-Group Claim); V = the amount of all Holdco Facilities Commitments that have been designated for issuance as at the Initial Distribution Time (including, for the avoidance of doubt, in respect of Holdback Claims); and A = the percentage of the AFF Rolled Up Elections that will be exercised to receive AFF Holdco Facilities Commitment Entitlements.

Calculation of EPM Entitlements. (a) Each Group Creditor’s allocated proportion of EPM Entitlements, taking into account each AFF Financier’s AFF Holdco Facilities Commitment Entitlement, will be calculated as follows: where: 𝐸 × �� × (1 ― (42% �� 𝐴)) E = a DOCA Creditor’s EPM Recovery (which will exclude, for the avoidance of doubt, any recovery to which a Group Creditor would be entitled to in respect of a Group Creditor Claim which is an AFF Waived Claim or an Intra-Group Claim); V = the amount of all Holdco Facilities Commitments that have been designated for issuance as at the Initial Distribution Time (including, for the avoidance of doubt, in respect of Holdback Claims); and A = the percentage of the AFF Rolled Up Elections that will be exercised to receive AFF Holdco Facilities Commitment Entitlements.

Calculation of EPM Entitlements. (a) Each Group Creditor’s allocated proportion of EPM Entitlements, taking into account each AFF Financier’s AFF Holdco Facilities Commitment Entitlement, will be calculated as follows: where: 𝐸 × 𝑉 × (1 − ― (42% 𝑥 𝐴)) E = a DOCA Creditor’s EPM Recovery (which will exclude, for the avoidance of doubt, any recovery to which a Group Creditor would be entitled to in respect of a Group Creditor Claim which is an AFF Waived Claim or an Intra-Group Claim); V = the amount of all Holdco Facilities Commitments that have been designated for issuance as at the Initial Distribution Time (including, for the avoidance of doubt, in respect of Holdback Claims); and A = the percentage of the AFF Rolled Up Elections that will be exercised to receive AFF Holdco Facilities Commitment Entitlements.