Common use of Rounding Clause in Contracts

Rounding. Any financial ratios required to be maintained or complied with by any Loan Party pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan 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-up if there is no nearest number).

Appears in 10 contracts

Samples: Loan Agreement (Mimedx Group, Inc.), Loan Agreement (Mimedx Group, Inc.), Loan Agreement (Spark Networks SE)

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Rounding. Any financial ratios required to be maintained or complied with by any a Loan Party pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan 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-up if there is no nearest number).

Appears in 7 contracts

Samples: Credit Agreement (Hamilton Beach Brands Holding Co), Credit Agreement (Innodata Inc), Credit Agreement (Innodata Inc)

Rounding. Any financial ratios required to be maintained or complied with by any the Loan Party Parties pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan 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-rounding up if there is no nearest number).

Appears in 6 contracts

Samples: Credit Agreement, Credit Agreement (CorePoint Lodging Inc.), Credit Agreement (CorePoint Lodging Inc.)

Rounding. Any financial ratios required to be maintained or complied with by any the Loan Party Parties pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan 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-rounding up if there is no nearest number).

Appears in 5 contracts

Samples: Term Loan Credit Agreement, Credit Agreement (Sears Hometown & Outlet Stores, Inc.), Term Loan Credit Agreement (Sears Hometown & Outlet Stores, Inc.)

Rounding. Any financial ratios required to be maintained or complied with by any the Loan Party Parties pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan 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-up if there is no nearest number).

Appears in 4 contracts

Samples: Credit Agreement (Pier 1 Imports Inc/De), Credit Agreement (Pier 1 Imports Inc/De), Credit Agreement (Pier 1 Imports Inc/De)

Rounding. Any financial ratios required to be maintained or complied with by any Loan Credit Party pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan 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-up if there is no nearest number).

Appears in 3 contracts

Samples: Credit Agreement (Atlassian Corp), Credit Agreement (Atlassian Corp), Credit Agreement (Atlassian Corp PLC)

Rounding. Any financial ratios ratio as required to be maintained or complied with by any Loan Party pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan 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-rounding up if there is no nearest number).

Appears in 3 contracts

Samples: Construction Loan Agreement (Stratus Properties Inc), Franchise Financing Agreement (Rent a Center Inc De), Loan Agreement (Omega Protein Corp)

Rounding. Any financial ratios required to be maintained or complied with by any the Loan Party Parties pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan 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 in this Agreement and rounding the result up or down to the nearest number (with a rounding-rounding­ up if there is no nearest number).

Appears in 1 contract

Samples: Credit Agreement (Gulf Island Fabrication Inc)

Rounding. Any financial ratios required to be maintained or complied with by any Loan Party pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan 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-up if there is no nearest number).. 51167637.4

Appears in 1 contract

Samples: Credit Agreement (CRH Medical Corp)

Rounding. Any financial ratios required to be maintained or complied with by any the Loan Party Parties pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan 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-up if there is no nearest number).. DB1/ 124773100.6 -62-

Appears in 1 contract

Samples: Credit Agreement (Destination Xl Group, Inc.)

Rounding. Any financial ratios required to be maintained or complied with by any Loan Party pursuant to this Agreement or any other Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan Agreement) Document 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-up if there is no nearest number).

Appears in 1 contract

Samples: Credit Agreement (Del Monte Foods Co)

Rounding. Any financial ratios required to be maintained or complied with by any the Loan Party Parties pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan 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-up if there is no nearest number).place

Appears in 1 contract

Samples: Credit Agreement (Ciner Resources LP)

Rounding. Any financial ratios required to be maintained by the Borrower or complied with by any other Loan Party pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan 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-up if there is no nearest number).

Appears in 1 contract

Samples: Five Year Credit Agreement (Principal Financial Group Inc)

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Rounding. Any financial ratios required to be maintained or complied with by any the Loan Party Parties pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan 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-up if there is no nearest number).. DB1/ 97390493.6

Appears in 1 contract

Samples: Credit Agreement (Destination Xl Group, Inc.)

Rounding. Any financial ratios required to be maintained or complied with by any the Loan Party Parties pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan 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 in this Agreement and rounding the result up or down to the nearest number (with a rounding-up if there is no nearest number).

Appears in 1 contract

Samples: Credit Agreement (Geospace Technologies Corp)

Rounding. Any financial ratios required to be maintained or complied with by any the Loan Party Parties pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan 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-rounding - up if there is no nearest number)) . Section 1 . 05 .

Appears in 1 contract

Samples: Loan Agreement (Red White & Bloom Brands Inc.)

Rounding. Any financial ratios required to be maintained or complied with by any Loan Party pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan 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-up if there is no nearest numberfor fractions with values equal to or greater than 0.5).

Appears in 1 contract

Samples: Credit Agreement (Scotts Liquid Gold Inc)

Rounding. Any financial ratios required to be maintained or complied with by any the Loan Party Parties pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan 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-up if there is no nearest number).. #95484613v795537764v17

Appears in 1 contract

Samples: Incremental Joinder (SS&C Technologies Holdings Inc)

Rounding. Any financial ratios required to be maintained or complied with by any Loan a Credit Party pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan 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-up if there is no nearest number).

Appears in 1 contract

Samples: Loan Agreement (Regional Health Properties, Inc)

Rounding. Any financial ratios required to be maintained or complied with by any Loan Party pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan 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-up if there is no nearest number).expressed

Appears in 1 contract

Samples: Credit Agreement (Usa Technologies Inc)

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