CALCULATION WORKSHEET Sample Clauses

CALCULATION WORKSHEET. Following the definitions and calculations more fully defined in the Credit Agreement:
Sample 1Sample 2
AutoNDA by SimpleDocs
CALCULATION WORKSHEET. Tangible Net Worth Actual: Equity as of financial statements dated [ ] U.S.$ Less: Goodwill, Other Intangible Assets and Accumulated Other Comprehensive Income U.S.$( ) Tangible Net Worth U.S.$ (A) Minimum Required:
Sample 1
CALCULATION WORKSHEET. Tangible Net Worth Actual: Equity as of financial statements dated [ ] U.S.$ Less: Goodwill and other Intangible Assets U.S.$(__) Tangible Net Worth U.S.$ (A) Minimum Required: Minimum Level US $<*> Compliance [Yes]/[No] Total Debt to Tangible Net Worth Rate Indebtedness Description Amount [itemize] Total Debt U.S. $___________________(B) Tangible Net Worth U.S. $ ___________________ (A) Total Debt to Tangible Net Worth <*>: 1 Minimum Requirement 1.00:1 Leverage Ratio Total Debt U.S. $ ___________________ (B) Mine Closure, Asset U.S. $ ___________________ (C) Retirement and Environmental Reclamation Obligations (to extend not fully defeased by cash collateral) Non-Recourse Indebtedness U.S. $___________________ (D) Unencumbered Cash in Permitted Jurisdictions U.S. $___________________(E) Net Total Debt (B + C) - (D + E) U.S.$___________________(F) Rolling EBITDA U.S. $___________________ (G) Leverage Ratio (Actual) __________________________(F:G) Rolling EBITDA attributable to
Sample 1
CALCULATION WORKSHEET. 1. Agree the total market value of Assets of Borrower to the Borrower’s supporting documentation and agree the market value of all Assets of Borrower on the Year-End Investor Report to the total of the portfolio of investments included in the Borrower’s audited financial statements. SCHEDULE VI [Reserved] SCHEDULE VII PRINCIPAL XXXXXX 00000 Xxxx Xx., Suite 800 Dallas, TX 75420 SCHEDULE VIII FOREIGN CURRENCY BORROWING BASE ADVANCE RATES Foreign Currency Foreign Currency Borrowing Base Advance Rate Australian Dollar 85.68 % British Pound 89.29 % Canadian Dollar 90.46 % Danish Krone 86.65 % Euro 87.24 % Icelandic Krona 86.06 % Japanese Yen 85.57 % New Zealand Dollar 84.49 % Norwegian Krone 85.83 % Swedish Krona 85.60 % Swiss Franc 85.77 % SCHEDULE IX CLOSING DATE TRS ELIGIBLE ASSETS See attached. EXHIBIT A FORM OF ADVANCE NOTE ADVANCE NOTE $ , ___ FOR VALUE RECEIVED, on the Maturity Date (as defined in the Credit Agreement hereinafter referred to) of each Advance made by the [Conduit Lender] [Secondary Lender] to the undersigned (the “Borrower”) pursuant to the Credit Agreement (defined below), the Borrower hereby promises to pay [INSERT NAME OF CONDUIT LENDER OR SECONDARY LENDER] (together with its successors and assigns the [”Conduit Lender“] [”Secondary Lender“]) the unpaid principal amount of each such Advance, in immediately available funds and in lawful money of the United States of America, and to pay Yield on the unpaid balance of said principal Advance from the Borrowing Date thereof, until the principal amount thereof shall have been paid in full, in like funds and money as provided in said Credit Agreement for Advances made by the [Conduit Lender] [Secondary Lender] and at the maturity thereof. Capitalized terms used in this promissory note unless otherwise defined herein shall have the meaning assigned to such terms in the Credit Agreement. This promissory note is an Advance Note referred to in the Revolving Credit and Security Agreement dated as of June 27, 2008 (as from time to time amended, modified, or supplemented, the “Credit Agreement”) among the Borrower, [the Conduit Lender], [Secondary Lender], the other banks and financial institutions parties thereto, and The Bank of Nova Scotia, acting through its New York Agency, as agent. The date and principal amount of each Advance made to the Borrower and of each repayment of principal thereon shall be recorded by the [Conduit Lender] [Secondary Lender] or its designee on Schedule II attached to ...
Sample 1
CALCULATION WORKSHEET. 1. Agree the total market value of Assets of Borrower to the Borrower's supporting documentation and agree the market value of all Assets of Borrower on the Year-End Investor Report to the total of the portfolio of investments included in the Borrower's audited financial statements. So long as no Default or Event of Default shall have occurred and be continuing, in no case shall a report prepared and delivered to the Agent with respect to an audit performed in accordance with this Schedule V be required to report any unreconciled errors that are individually less than $100,000. SCHEDULE VI JURISDICTION OF FORMATION Massachusetts PRINCIPAL OFFICE ; TRUSTEE LOCATIONS 000 Xxxx Xxxxxxx Xxxxx, Xxxxx 000 Xxxxxxx, XX 00000 NAMES USED BY THE BORROWER First Trust/Four Corners Senior Floating Rate Income Fund II NAMES AND STATES OF RESIDENCE OF TRUSTEES Xxxxxxx X. Xxxxxxxx - Illinois Xxxxxx X. Xxxxxx - Illinois Xxxx X. Xxxxxxx - Tennessee Xxxxxx X. Xxxxx - Illinois Xxxxx X. Xxxxx - Illinois SCHEDULE VII LOCATIONS OF LOAN DOCUMENTS 0 Xxxxxx Xxxxx Brooklyn, NY 11217 EXHIBIT A FORM OF ADVANCE NOTE ADVANCE NOTE $__________ _________, ____ FOR VALUE RECEIVED, on the Maturity Date (as defined in the Credit Agreement hereinafter referred to) of each Advance made by the [Conduit Lender] [Secondary Lender] to the undersigned (the "Borrower") pursuant to the Credit Agreement (defined below), the Borrower hereby promises to pay [INSERT NAME OF CONDUIT LENDER OR SECONDARY LENDER] (together with its successors and assigns the ["Conduit Lender"] ["Secondary Lender"]) the unpaid principal amount of each such Advance, in immediately available funds and in lawful money of the United States of America, and to pay Yield on the unpaid balance of said principal Advance from the Borrowing Date thereof, until the principal amount thereof shall have been paid in full, in like funds and money as provided in said Credit Agreement for Advances made by the [Conduit Lender] [Secondary Lender] and at the maturity thereof. Capitalized terms used in this promissory note unless otherwise defined herein shall have the meaning assigned to such terms in the Credit Agreement. This promissory note is an Advance Note referred to in the Revolving Credit and Security Agreement dated as of July 13, 2012 (as from time to time amended, modified, or supplemented, the "Credit Agreement") among the Borrower, [the Conduit Lender], [Secondary Lender], the other banks and financial institutions parties thereto, and...
Sample 1

Related to CALCULATION WORKSHEET

  • Calculation Each of the foregoing ratios and financial requirements shall be calculated as of the last day of each Fiscal Quarter.

  • Yield Calculation The Bank will compute the performance results of the Fund (the "Yield Calculation") in accordance with the provisions of Release No. 33-6753 and Release No. IC-16245 (February 2, 1988) (the "Releases") promulgated by the Securities and Exchange Commission, and any subsequent amendments to, published interpretations of or general conventions accepted by the staff of the Securities and Exchange Commission with respect to such releases or the subject matter thereof ("Subsequent Staff Positions"), subject to the terms set forth below:

  • Calculations All calculations under this Section 3 shall be made to the nearest cent or the nearest 1/100th of a share, as the case may be. For purposes of this Section 3, the number of shares of Common Stock deemed to be issued and outstanding as of a given date shall be the sum of the number of shares of Common Stock (excluding treasury shares, if any) issued and outstanding.

  • Pro Forma Calculations Notwithstanding anything to the contrary herein (subject to Section 1.02(j)), the First Lien Net Leverage Ratio, the Total Net Leverage Ratio and the Fixed Charge Coverage Ratio and Consolidated Net Tangible Assets shall be calculated (including for purposes of Sections 2.14 and 2.15) on a Pro Forma Basis with respect to each Specified Transaction occurring during the applicable four quarter period to which such calculation relates, and/or subsequent to the end of such four-quarter period but not later than the date of such calculation; provided that notwithstanding the foregoing, when calculating the First Lien Net Leverage Ratio for purposes of (i) determining the applicable percentage of Excess Cash Flow for purposes of Section 2.05(b), (ii) the Applicable Rate, (iii) the Applicable Commitment Fee and (iv) determining actual compliance (and not Pro Forma Compliance or compliance on a Pro Forma Basis) with the Financial Covenant, any Specified Transaction and any related adjustment contemplated in the definition of Pro Forma Basis (and corresponding provisions of the definition of Consolidated EBITDA) that occurred subsequent to the end of the applicable four quarter period shall not be given Pro Forma Effect. For purposes of determining compliance with any provision of this Agreement which requires Pro Forma Compliance with the Financial Covenant, (x) in the case of any such compliance required after delivery of financial statements for the fiscal quarter ending on or about June 30, 2014, such Pro Forma Compliance shall be determined by reference to the maximum First Lien Net Leverage Ratio permitted for the fiscal quarter most recently then ended for which financial statements have been delivered (or were required to have been delivered) in accordance with Section 6.01, or (y) in the case of any such compliance required prior to the delivery referred to in clause (x) above, such Pro Forma Compliance shall be determined by reference to the maximum First Lien Net Leverage Ratio permitted for the fiscal quarter ending June 30, 2014. With respect to any provision of this Agreement (other than the provisions of Section 6.02(a) or Section 7.08) that requires compliance or Pro Forma Compliance with the Financial Covenant, such compliance or Pro Forma Compliance shall be required regardless of whether the Lux Borrower is otherwise required to comply with such covenant under the terms of Section 7.08 at such time. For purposes of making any computation referred to above:

  • Financial Covenant Calculations The parties hereto acknowledge and agree that, for purposes of all calculations made in determining compliance for any applicable period with the financial covenants set forth in Section 6.7 and for purposes of determining the Applicable Margin, (i) after consummation of any Permitted Acquisition, (A) income statement items and other balance sheet items (whether positive or negative) attributable to the target acquired in such transaction shall be included in such calculations to the extent relating to such applicable period (including by adding any cost saving synergies associated with such Permitted Acquisition in a manner reasonably satisfactory to the Agent), subject to adjustments mutually acceptable to Borrowers and the Agent and (B) Indebtedness of a target which is retired in connection with a Permitted Acquisition shall be excluded from such calculations and deemed to have been retired as of the first day of such applicable period and (ii) after any Disposition permitted by Section 6.8), (A) income statement items, cash flow statement items and balance sheet items (whether positive or negative) attributable to the property or assets disposed of shall be excluded in such calculations to the extent relating to such applicable period, subject to adjustments mutually acceptable to Borrowers and the Agent and (B) Indebtedness that is repaid with the proceeds of such Disposition shall be excluded from such calculations and deemed to have been repaid as of the first day of such applicable period.

  • Calculation of CP Costs On the third Business Day immediately preceding each Settlement Date, each Conduit shall calculate the aggregate amount of its Conduit Costs for the related Settlement Period and shall notify Seller of such aggregate amount.

  • Accounting Terms; GAAP; Pro Forma Calculations (a) Except as otherwise expressly provided herein, all terms of an accounting or financial nature shall be construed in accordance with GAAP, as in effect from time to time; provided that, if the Borrower notifies the Administrative Agent that the Borrower requests an amendment to any provision hereof to eliminate the effect of any change occurring after the date hereof in GAAP or in the application thereof on the operation of such provision (or if the Administrative Agent notifies the Borrower that the Required Lenders request an amendment to any provision hereof for such purpose), regardless of whether any such notice is given before or after such change in GAAP or in the application thereof, then such provision shall be interpreted on the basis of GAAP as in effect and applied immediately before such change shall have become effective until such notice shall have been withdrawn or such provision amended in accordance herewith. Notwithstanding any other provision contained herein, all terms of an accounting or financial nature used herein shall be construed, and all computations of amounts and ratios referred to herein shall be made (i) without giving effect to any election under Accounting Standards Codification 000-00-00 (or any other Accounting Standards Codification or Financial Accounting Standard having a similar result or effect) to value any Indebtedness or other liabilities of the Borrower or any Subsidiary at “fair value”, as defined therein and (ii) without giving effect to any treatment of Indebtedness in respect of convertible debt instruments under Accounting Standards Codification 470-20 (or any other Accounting Standards Codification or Financial Accounting Standard having a similar result or effect) to value any such Indebtedness in a reduced or bifurcated manner as described therein, and such Indebtedness shall at all times be valued at the full stated principal amount thereof.

  • Financial Calculations All financial calculations to be made under, or for the purposes of, this Agreement and any other Transaction Document shall be made in accordance with the Accounting Standards and, except as otherwise required in this Agreement or to conform to any provision of this Agreement, shall be calculated from the then most recently issued quarterly financial statements which the Borrower is obligated to furnish to the Lenders under Section 5.03 (

  • Pro Forma Statement The Receiver, as soon as practicable after Bank Closing, in accordance with the best information then available, shall provide to the Assuming Institution a pro forma statement reflecting any adjustments of such liabilities and assets as may be necessary. Such pro forma statement shall take into account, to the extent possible, (i) liabilities and assets of a nature similar to those contemplated by Section 2.1 or Section 3.1, respectively, which at Bank Closing were carried in the Failed Bank’s suspense accounts, (ii) accruals as of Bank Closing for all income related to the assets and business of the Failed Bank acquired by the Assuming Institution hereunder, whether or not such accruals were reflected on the Accounting Records of the Failed Bank in the normal course of its operations, and (iii) adjustments to determine the Book Value of any investment in an Acquired Subsidiary and related accounts on the “bank only” (unconsolidated) balance sheet of the Failed Bank based on the equity method of accounting, whether or not the Failed Bank used the equity method of accounting for investments in subsidiaries, except that the resulting amount cannot be less than the Acquired Subsidiary’s recorded equity as of Bank Closing as reflected on the Accounting Records of the Acquired Subsidiary. Any Loan purchased by the Assuming Institution pursuant to Section 3.1 which the Failed Bank charged off during the period beginning the day after the Bid Valuation Date to the date of Bank Closing shall be deemed not to be charged off for the purposes of the pro forma statement, and the purchase price shall be determined pursuant to Section 3.2.

  • Subsequent Recalculation In the event the Internal Revenue Service adjusts the computation of the Company under Section 5.2 herein so that the Executive did not receive the greatest net benefit, the Company shall reimburse the Executive for the full amount necessary to make the Executive whole, plus a market rate of interest, as determined by the Committee, within 30 days after such adjustment.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!