Common use of Roundings Clause in Contracts

Roundings. (i) The Material Index average (ICn) shall be rounded to the nearest second decimal place and the Labor Index average (ECIn) shall be rounded to the nearest first decimal place. (ii) CPIn shall be rounded to the nearest second decimal place. (iii) The final factor (CPIn/186.92) shall be rounded to the nearest third decimal place. If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure. After final computation Pn shall be rounded to the nearest whole number (0.5 rounds to 1).

Appears in 2 contracts

Samples: A320 Family Purchase Agreement (Spirit Airlines, Inc.), A320 Family Purchase Agreement (Spirit Airlines, Inc.)

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Roundings. (i) The Material Index index average (ICn) shall be rounded to the nearest second decimal place and the Labor Index labor index average (ECIn) shall be rounded to the nearest first decimal place. (ii) CPIn shall be rounded to the nearest second decimal place. (iii) The final factor (CPIn/186.92CPIn/[***]) shall be rounded to the nearest third decimal place. If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure. After final computation Pn shall be rounded to the nearest whole number (0.5 rounds to 1).

Appears in 1 contract

Samples: Aircraft Purchase Agreement (AerCap Holdings N.V.)

Roundings. (i) The Material Index index average (ICn) shall be rounded to the nearest second decimal place and the Labor Index labor index average (ECIn) shall be rounded to the nearest first decimal place. (ii) CPIn shall be rounded to the nearest second decimal place. (iii) The final factor (CPIn/186.92CPIn/148.84) shall be rounded to the nearest third decimal place. If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure. After final computation Pn shall be rounded to the nearest whole number (0.5 rounds to 1).

Appears in 1 contract

Samples: Purchase Agreement (KLM Royal Dutch Airlines)

Roundings. (i) The Material Index index average (ICn) shall be rounded to the nearest second decimal place and the Labor Index labor index average (ECIn) shall be rounded to the nearest first decimal place. (ii) CPIn shall be rounded to the nearest second decimal place. (iii) The final factor (CPIn/186.92CPln/[***]) shall be rounded to the nearest third decimal place. If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure. After final computation Pn shall be rounded to the nearest whole number (0.5 rounds to 1).

Appears in 1 contract

Samples: Aircraft Purchase Agreement (AerCap Holdings N.V.)

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Roundings. (i) The Material Index average (ICn) shall will be rounded to the nearest second decimal place and the Labor Index average (ECIn) shall will be rounded to the nearest first decimal place. (ii) . CPIn shall will be rounded to the nearest second decimal place. (iii) . The final factor (CPIn/186.92) shall [*CTR*] will be rounded to the nearest third decimal place. The final factor [*CTR*] will be rounded to the nearest third decimal place. If the next succeeding place is five (5) or more, the preceding decimal place shall will be raised to the next higher figure. After final computation Pn shall will be rounded to the nearest whole number (0.5 rounds to 1).

Appears in 1 contract

Samples: Purchase Agreement (American Airlines Inc)

Roundings. (i) The Material Index index average (ICn[***]) shall be rounded to the nearest second decimal place and the Labor Index labor index average (ECIn[***]) shall be rounded to the nearest first decimal place. (ii) CPIn shall be rounded to the nearest second decimal place. (iii) The final factor (CPIn/186.92[***]) shall be rounded to the nearest third decimal place. If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure. After final computation Pn computation, [***] shall be rounded to the nearest whole number (0.5 rounds to 1).

Appears in 1 contract

Samples: A320 Family Aircraft Purchase Agreement (Jetblue Airways Corp)

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