Common use of Rounding Clause in Contracts

Rounding. Unless otherwise specified on the face hereof, all percentages resulting from any calculation on this Floating Rate Note will be rounded to the nearest one hundred-thousandth of a percentage point, with five one-millionths of a percentage point rounded upwards. All dollar amounts used in or resulting from any calculation on this Floating Rate Note will be rounded to the nearest cent.

Appears in 373 contracts

Samples: Indenture (Principal Life Insurance Co), Indenture (Principal Life Insurance Co), Global Note (Principal Life Insurance Co)

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Rounding. Unless otherwise specified on the face hereof, all percentages resulting from any calculation on this Floating Rate Note will be rounded to the nearest one hundred-thousandth of a percentage point, with five one-millionths of a percentage point rounded upwards. All dollar amounts used in or resulting from any calculation on this Floating Rate Note will be rounded rounded, in the case of U.S. Dollars, to the nearest centcent or, in the case of a Foreign Currency, to the nearest unit (with one-half cent or unit being rounded upwards).

Appears in 33 contracts

Samples: Indenture (Principal Life Insurance Co), Global Note (Ing Usa Annuity & Life Insurance Co), Global Note (Principal Life Insurance Co)

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Rounding. Unless otherwise specified on the face hereof, all percentages resulting from any calculation on this Floating Rate Note will be rounded to the nearest one hundred-thousandth of a percentage point, with five one-millionths of a percentage point rounded upwards. All dollar amounts used in or resulting from any calculation on this Floating Rate Note will be rounded rounded, in the case of U.S. Dollars, to the nearest centcent or, in the case of a Foreign Currency, to the nearest unit (with one-half cent or unit being rounded upwards).

Appears in 12 contracts

Samples: Global Note (Genworth Global Funding Trust 2006-A), Global Note (Genworth Life & Annuity Insurance Co), Global Note (Genworth Life & Annuity Insurance Co)

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