Closing Calculation definition

Closing Calculation has the meaning ascribed thereto in Section 2.6.1;
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Closing Calculation has the meaning ascribed to it in Section ------------------- 1.4(d).
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Closing Calculation means, in respect of a Business Day, the calculation which takes place at least 15 minutes after the settlement price of the corresponding underlying commodity asset of such Business Day is available.
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Examples of Closing Calculation in a sentence

  • The Closing Calculation is conducted based on the most recent settlement price.

  • If PubCo and Sponsor agree in writing to make any modification to the Closing Calculation as set out in the Notice, then such Closing Calculation as so agreed by PubCo and Sponsor to be modified shall be deemed to be the Closing Calculation for the purposes of determining the number of Shares issuable to Sponsor pursuant to Section 2 of this Agreement at the Closing.

  • In case there is no settlement price available during the time of the Closing Calculation, the most recent one is used.

  • Absent PubCo and Sponsor agreeing in writing to make any modification to the Closing Calculation as set out in the Notice, then the Closing Calculation as set out in the Notice shall be deemed to be the Closing Calculation for the purposes of determining the number of Shares issuable to Sponsor pursuant to Section 2 of this Agreement at the Closing.

  • The Parties will bear their respective fees and expenses (including those of their respective advisors) in preparing, auditing or reviewing, as the case may be, the Closing Calculation.


More Definitions of Closing Calculation

Closing Calculation means, in respect of a Business Day, the calculation of the Indices at the Fixing time.
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Closing Calculation means, in respect of a Business Day, the calculation of the Indices at the Fixing time. “Fixing Time” means, in respect of each Business Day and each Index, 10:00 PM CET.
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Closing Calculation means, in respect of a Business Day, the calculation which takes place when the settlement price of the corresponding underlying future of such Business Day is published.
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Closing Calculation has the meaning specified in Section 2.1(b).
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Closing Calculation has the meaning set forth in Section 4.1(d)(i).
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Closing Calculation shall have the meaning set forth in Section 1.7 of the Agreement.
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Closing Calculation means the AP minus Net AR, where: Net AR = the sum of Seller's accounts receivable as of the Closing on the Closing Date (other than Seller's income tax refunds receivable and Seller's accounts receivable under the PMC Agreement), as reflected on the Closing Balance Sheet ("Gross AR") minus the product of 5.5% multiplied by the Gross AR (the "Reserve"); and AP = the sum of the Assumed Liabilities as calculated on an accrual basis and as reflected on the Closing Balance Sheet plus the Accrued Vacation (as defined in Schedule 1.2).
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