Illustrative Calculation Clause Samples
Illustrative Calculation. The following calculation reflects the application of the provisions of this Agreement to the payments to be made to the Shareholder hereunder and to the other IHE minority shareholders under the Other Gross-Up Agreements, assuming in each case that a Purchase Transaction is entered into with each such shareholder with respect to all of the Shares held by them, and that the aggregate Indemnified Portion is equal to the aggregate Value Cap: Minority Home Equity Business Segment Value at 6/30/01 $10.42 million Combined Federal and State Ordinary Income Tax Rate 49.85 % Combined Federal and State Capital Gains Tax Rate 29.3 % Tax Rate Differential (Ordinary Income vs. Capital Gains) 20.55 % Maximum Gross-up Cash Payment ($10.42 million*20.55%) $2.14 million Maximum Supplemental Cash Payment: ($2.14 million/50.15% minus $2.14 million) $2.13 million Maximum Aggregate Cash Payment (all Gross-Up Agreements) $4.27 million
Illustrative Calculation. For illustrative purposes only, Exhibit 1.5(f) sets forth the calculation of the Closing Working Capital, Company’s Indebtedness, ESOT 11552395v19 Indebtedness, if any, Transaction Expenses and the Closing Purchase Price based thereon as if the Closing had occurred on June 30, 2023.
Illustrative Calculation. An illustrative calculation of the ▇▇▇▇▇’s Total Share ▇▇▇▇▇▇, ▇▇▇▇▇’s Merger Share ▇▇▇▇▇▇, ▇▇▇▇▇’s MIP Rollover Interests, CCFI Total Share Amount, CCFI Merger Share Amount, CCFI Warrant Amount and CCFI MIP Rollover Interests is attached to this Agreement as Schedule 1.12.