Calculation definition

Calculation means Pay Rate x (1 ÷ (1 – the applicable % expressed as a decimal)).

Calculation shall have the meaning set forth in Section 2.5(a).

Calculation. ( 有關計算) means a calculation made for the purposes of subsection (1);

Examples of Calculation in a sentence

• The determination of any rate or amount, the obtaining of each quotation and the making of each determination or calculation by the Calculation Agent(s) shall (in the absence of manifest error) be final and binding upon all parties.

• The Calculation Agent may not resign its duties without a successor having been appointed as aforesaid.

• Where any Interest Period comprises two or more Interest Accrual Periods, the amount of interest payable per Calculation Amount in respect of such Interest Period shall be the sum of the Interest Amounts payable in respect of each of those Interest Accrual Periods.

• A number of Share Termination Delivery Units, as calculated by the Calculation Agent, equal to the Payment Obligation divided by the Share Termination Unit Price.

• Where more than one Calculation Agent is appointed in respect of the Notes, references in these Conditions to the Calculation Agent shall be construed as each Calculation Agent performing its respective duties under the Conditions.

More Definitions of Calculation

Calculation has the meaning set forth in Section 2.04(a).

Calculation means that if the Building is less than 100% occupied in any Fiscal Year during the Term, Operating Expenses shall be calculated as though the Building had been 100% occupied, and the result shall constitute the Operating Expenses for all purposes hereunder. In addition, if during all or part of any Fiscal Year, Landlord is not performing or furnishing any item or service to any portion of the Property (the cost of which, if performed or furnished by Landlord to such portion of the Property, would constitute a part of Operating Expenses), on account of (a) such item or service not being required or desired by a tenant, or (b) any tenant obtaining or providing such item or service itself, then, Operating Expenses shall be deemed to be increased by an amount equal to the additional costs and expenses which would reasonably have been incurred during such period by Landlord if it had performed or furnished such item or service to 100% of the Building.

Calculation has the meaning set forth in ss.2(f) below.

Calculation is a mathematical representation of the metric and exactly how it should be calculated. - Additional information about the calculation and definitions for terms used in the calculation are outlined in this section.

Calculation shall have the meaning attributed to that term in clause 1.3.2(l)(i);

Calculation. The Earn Out Sum shall be reduced on the basis of a $NZ 1.00 reduction for each $NZ 1.00 by which the cumulative Cashflow of the Company over the Earn Out Period falls short of the Earn Out Sum.

Calculation. The term “Severance Payment” means an aggregate amount equal to the sum of: