Calculation Periods definition

Calculation Periods means (A) the twelve-month period beginning January 1, 2007 and ending on December 31, 2007, (B) the twelve-month period beginning January 1, 2008 and ending on December 31, 2008, (C) the twelve-month period beginning January 1, 2009 and ending on December 31, 2009, and (D) the period beginning January 1, 2010 and ending on December 31, 2010.

Calculation Periods. Each calendar month during the term of the Transaction, commencing HE 0100 EPT on the first calendar day of such calendar month, and ending HE 2400 EPT on the last calendar day of such calendar month. Time Block: 7 x 24 (i.e., round the clock) for each hour of each day in each Calculation Period, including Saturdays, Sundays and NERC Holidays.

Calculation Periods is defined in Section 2.1(c).

Examples of Calculation Periods in a sentence

• Notwithstanding Sections 5.1(b) and 5.4 of the Credit Derivatives Definitions, each Fixed Rate Payer Payment Date will relate to the three Fixed Rate Payer Calculation Periods immediately preceding such Fixed Rate Payer Payment Date provided that the final Fixed Rate Payer Payment Date may relate to fewer than three Fixed Rate Payer Calculation Periods if fewer than three have elapsed since the previous Fixed Rate Payer Payment Date.

• Non-standard Calculation Periods (referred to as Stub Periods) may only occur at the start or end of the OTC Transaction.

• With respect to the Fixed Rate Payer Calculation Periods, the dates in the above schedule will be subject to No Adjustment.

• For the avoidance of doubt, any Unpaid Annual Management Charges which cannot be paid will continue to be carried forward to subsequent Calculation Periods until paid pursuant to this clause.

• The calculation will be based on the amount of the Revenue Receipts and the Principal Receipts received and the Losses sustained during each of the preceding Interim Trust Calculation Periods.

More Definitions of Calculation Periods

Calculation Periods means (a) the period beginning on the Closing Date and ending on December 31, 2022 (the “First Calculation Period”), and (b) the period beginning on January 1, 2023 and ending on December 31, 2023 (the “Second Calculation Period”).

Calculation Periods. 64 consecutive monthly periods from and including the month beginning on the Effective Date to and including the month ending on the Termination Date Commodity: Gold (minimum 0.995 fine, London good delivery form) Gold Price Adjustment: 15,000* Gold Price Adjustment Mechanism Gold Price Adjustment The difference between: Mechanism:

Calculation Periods means (a) that portion of the Initial Gas Storage Year commencing on the Closing Date, and (b) each of the following Gas Storage Years, respectively, thereafter through and including the Gas Storage Year for which the associated Earnout Payment results in the aggregate of all Earnout Payments being equal to the Maximum Earnout Amount.

Calculation Periods means (a) the period beginning on the Closing Date and ending on September 30, 2023; (b) each of the fiscal years ending on September 30, 2024, 2025, 2026 and 2027, respectively; and (c) the period beginning on October 1, 2027 and ending on June 30, 2028.

Calculation Periods means (i) the period beginning on January 1, 2013 and ending on December 31, 2013, and (ii) each of the calendar years ending on December 31, 2014, 2015, 2016, 2017 and 2018, respectively.

Calculation Periods means each annual period during the Commission Term; provided, however, that (a) the first Calculation Period shall be the period beginning on the Closing Date and ending on the last day of the then-current annual period, and (b) the final Calculation Period shall be the period beginning on the first day of the last partial annual period of the Commission Term and ending on the third (3rd) anniversary of the Closing Date.

Calculation Periods shall have the meaning set forth in Section 1.5(e)(i) hereof.