Unit Calculation Sample Clauses

Unit Calculation. The number of Units purchased in each specified Investment Option as the result of a Deposit or an Exchange is determined by dividing (a) by (b), where;
Sample 1
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Unit Calculation. The Number of UPREIT Units to be issued to a Contributor shall be equal to the product of (A) the percentage interest in the Partnership represented by the Transferred Interest of such Contributor (i.e., the aggregate percentage of total interests in the Partnership represented by such Transferred Interest), and (B) the quotient obtained by dividing the Cumberland Unit Value by the average closing price of a share of the publicly traded beneficial interests of PREIT during the ten (10) trading day period immediately preceding Closing (the "AVERAGE CLOSING PRICE"); provided that the number of UPREIT Units so derived shall be rounded to the nearest integer (0.5 rounded down). Such issuance shall be further subject to the following provisions:
Sample 1
Unit Calculation. In each instance, the City and the County will discuss what the County’s contribution will be to a contemplated housing project, and will enter into a mutually agreeable contribution agreement. However, in the event that the City and the County are unable to agree on a contribution agreement, then the County’s contribution will reflect its proportional share as referenced under section 4.9 of the Agreement (but not including any phase in, as described in section 4.9.1) of the municipal portion of the Actual Growth Costs for the contemplated housing project. Further, the County’s contribution shall be limited to the County’s total estimated contribution as described in clause B4 above and subject to cost pressures and other inflationary factors as set out in clause B6 below. Should the County’s total estimated contribution be exhausted through expenditures for housing projects, the County is not obligated to make further contributions; however, the County reserves the right to determine and potentially make additional contributions above and beyond the total estimated contribution, if warranted and at the sole discretion of the County.
Sample 1

Related to Unit Calculation

  • Interest Calculation Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the period for which the calculation is being made by (b) a daily rate based on a three hundred sixty (360) day year by (c) the outstanding principal balance.

  • Interest Calculations Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

  • Calculation Any figure or percentage referred to in this Agreement shall be carried to seven decimal places.

  • Performance Adjustment One-twelfth of the annual Performance Adjustment Rate will be applied to the average of the net assets of the Portfolio (computed in the manner set forth in the Fund's Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month and the performance period.

  • Accounting Reference Date The Accounting Reference Date of each member of the Group is 31 December.

  • Financial Calculations (a) All financial calculations to be made under, or for the purposes of, this Agreement and any other Transaction Document shall be determined in accordance with the Accounting Principles and, except as otherwise required to conform to any provision of this Agreement, shall be calculated from the then most recently issued quarterly financial statements, prepared on a consolidated basis, which the Borrower is obligated to furnish to IFC under Section 6.03 (a) (Reporting Requirements).

  • CALCULATION OF NET ASSET VALUE U.S. Trust will calculate the Fund's daily net asset value and the daily per-share net asset value in accordance with the Fund's effective Registration Statement on Form N-2 (the "Registration Statement") under the Securities Act of 1933, as amended (the "Securities Act"), including its current prospectus. If so directed, U.S. Trust shall also calculate daily the net income of the Fund

  • Downward Adjustments The Purchase Price shall be adjusted downward by the following:

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