RSABV Computation Sample Clauses

RSABV Computation. The parties agree that based on the book value of the company at December 31, 2009, of $32.38, the 60% threshold growth and 65% maximum growth in book value per share over the measuring period would result in the following book value per share at the indicated dates: December 31, 2010 $ 35.57 $ 35.79 December 31, 2011 $ 39.08 $ 39.56 December 31, 2012 $ 42.93 $ 43.73 December 31, 2013 $ 47.16 $ 48.34 December 31, 2014 $ 51.81 $ 53.43 For purposes of determining book value of the company's Class A Common Shares during the Lapse Period, the following shall apply: (a) AOCI shall be excluded; (b) Any dividends paid during the calendar years included in the Lapse Period shall be added to the actual book value. (c) Book value shall be calculated using generally accepted accounting principles (“GAAP”) materially consistent with those used to determine book value as of December 31, 2009.
View SourceView Similar (2)

Related to RSABV Computation

  • Time Computation Saturday, Sunday and holidays recognized by this Agreement shall not be counted under the time procedures established in this Agreement.

  • Basis of Computation Interest accrued hereunder shall be computed for the actual number of days elapsed on the basis of a 360-day year.

  • Interest Computation In computing interest on the Obligations, all checks, wire transfers and other items of payment received by Silicon (including proceeds of Receivables and payment of the Obligations in full) shall be deemed applied by Silicon on account of the Obligations three Business Days after receipt by Silicon of immediately available funds, and, for purposes of the foregoing, any such funds received after 12:00 Noon on any day shall be deemed received on the next Business Day. Silicon shall not, however, be required to credit Borrower's account for the amount of any item of payment which is unsatisfactory to Silicon in its sole discretion, and Silicon may charge Borrower's loan account for the amount of any item of payment which is returned to Silicon unpaid.

  • Computation In the event the Prime Rate is changed from time to time hereafter, the applicable rate of interest hereunder shall be increased or decreased, effective as of the day the Prime Rate is changed, by an amount equal to such change in the Prime Rate. All interest chargeable under the Loan Documents shall be computed on the basis of a three hundred sixty (360) day year for the actual number of days elapsed.

  • Overtime Computation Computation of overtime will be rounded upward to the nearest one-tenth (1/10th) of an hour.