Common use of Rounding Clause in Contracts

Rounding. The calculation of any financial ratios under this Agreement shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-down if there is no nearest number).

Appears in 44 contracts

Samples: Credit Agreement (Dayforce, Inc.), Credit Agreement (Ceridian HCM Holding Inc.), Credit Agreement (Ceridian HCM Holding Inc.)

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Rounding. The calculation of any Any financial ratios under pursuant to this Agreement shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-down up if there is no nearest number).

Appears in 13 contracts

Samples: Credit Agreement (Lamb Weston Holdings, Inc.), Credit Agreement (Lamb Weston Holdings, Inc.), Credit Agreement (Lamb Weston Holdings, Inc.)

Rounding. The calculation of any Any financial ratios required to be satisfied in order for a specific action to be permitted under this Agreement shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-down rounding up if there is no nearest number).

Appears in 11 contracts

Samples: Credit Agreement (Eastman Kodak Co), Credit Agreement (Duck Creek Technologies, Inc.), Credit Agreement

Rounding. The calculation of any Any financial ratios required to be satisfied in order for a specific action to be permitted under this Agreement shall be calculated by dividing the appropriate component by the other component, carrying the result to one decimal place more than the number of decimal places by which such ratio is expressed herein (the “Applicable Decimal Place”) and rounding the result up or down to the nearest number (with a rounding-down if there is no nearest number)Applicable Decimal Place.

Appears in 9 contracts

Samples: Credit Agreement (Allegro Microsystems, Inc.), Abl Revolving Credit Agreement (Petco Health & Wellness Company, Inc.), Abl Revolving Credit Agreement (Petco Health & Wellness Company, Inc.)

Rounding. The calculation of Any financial ratios, including any financial ratios required to be satisfied in order for a specific action to be permitted under this Agreement Agreement, shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-down up if there is no nearest number).

Appears in 8 contracts

Samples: Credit Agreement (Warner Music Group Corp.), Credit Agreement (Warner Music Group Corp.), Credit Agreement (Warner Music Group Corp.)

Rounding. The calculation of any Any financial ratios under determined pursuant to this Agreement shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-down up if there is no nearest number).

Appears in 5 contracts

Samples: Credit Agreement (FreightCar America, Inc.), Credit Agreement (Pacific Investment Management Co LLC), Credit Agreement (Pacific Investment Management Co LLC)

Rounding. The calculation of any Any financial ratios under this Agreement required to be calculated hereunder shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-down up if there is no nearest number).

Appears in 5 contracts

Samples: Term Loan Credit Agreement (MRC Global Inc.), Refinancing Amendment (MRC Global Inc.), Refinancing Amendment and Successor Administrative Agent Agreement (MRC Global Inc.)

Rounding. The calculation of any Any financial ratios under required to be determined pursuant to this Agreement shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio or percentage is expressed herein and rounding the result up or down to the nearest number (with a rounding-down up if there is no nearest number).

Appears in 3 contracts

Samples: Credit Agreement (FTS International, Inc.), Credit Agreement (FTS International, Inc.), Term Loan Agreement (FTS International, Inc.)

Rounding. The calculation of any (a) Any financial ratios under required to be maintained pursuant to this Agreement shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-down up if there is no nearest number).

Appears in 2 contracts

Samples: Credit Agreement (Music123, Inc.), Credit Agreement (Music123, Inc.)

Rounding. The calculation of any Any financial ratios under calculated pursuant to this Agreement shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio or percentage is expressed herein and rounding the result up or down to the nearest number (with a rounding-down up if there is no nearest number).

Appears in 1 contract

Samples: Credit Agreement (Dts, Inc.)

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Rounding. The calculation of any Any financial ratios calculated under this Agreement shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-down up if there is no nearest number).

Appears in 1 contract

Samples: Credit Agreement (Warner Music Group Corp.)

Rounding. The calculation of any financial ratios under this Agreement shall be shallbe calculated by dividing the appropriate component by the other component, carrying the result to one place oneplace more than the number of places by which such ratio is expressed herein and rounding the result up or upor down to the nearest number (with a rounding-down if there is no nearest number).

Appears in 1 contract

Samples: Credit Agreement Amendment (CDW Corp)

Rounding. The calculation of any Any financial ratios under required to be maintained or measured pursuant to this Agreement shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio or percentage is expressed herein and rounding the result up or down to the nearest number (with a rounding-down up if there is no nearest number).

Appears in 1 contract

Samples: Credit Agreement (Boot Barn Holdings, Inc.)

Rounding. The calculation of any 41 Any financial ratios under pursuant to this Agreement shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-down up if there is no nearest number).

Appears in 1 contract

Samples: Credit Agreement (Lamb Weston Holdings, Inc.)

Rounding. The calculation of any Any financial ratios under required to be satisfied by the Borrowers pursuant to this Agreement shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-down –up if there is no nearest number).

Appears in 1 contract

Samples: Credit Agreement (Broadview Networks Holdings Inc)

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