Basis of calculations. 21.2.1 All the terms defined in Clause 1.2 (Financial definitions) are to be determined on a consolidated basis and (except as may be expressly included or excluded in the relevant definition, or as stated below) in accordance with IFRS.
Basis of calculations. 19.2.1. All the terms defined in Clause 1.2 (Financial definitions) are to be determined (except as expressly included or excluded in the relevant definition) in accordance with IFRS. No item shall be deducted or credited more than once in any calculation.
Basis of calculations. Annual vacations shall be based on the calendar year, and on continuous service with the employer since the last date of hire.
Basis of calculations. (a) All the terms defined in Clause 18.3 (Financial covenant definitions) are to be determined on a consolidated basis and (except as expressly included or excluded in the relevant definition) in accordance with the Accounting Principles. The financial covenants in this Clause 18 shall apply as of the Accounting Date at the end of each Test Period and compliance (or otherwise) shall be tested by reference to the consolidated Accounts of the Group delivered pursuant to Clause 17.1 (Financial statements) and any applicable Reconciliation Statement delivered pursuant to Clause 17.2(f) (Financial statements) and verified by reference to the Compliance Certificate delivered pursuant to Clause 17.3 (Compliance Certificate) for the relevant Test Periods.
Basis of calculations. (a) All the terms defined in Clause 18.2 (Financial covenant definitions) are to be determined on a consolidated basis and (except as expressly included or excluded in the relevant definition) in accordance with the Accounting Standards. The financial covenants in Clause 18.1 (Financial undertakings) shall apply as of the Accounting Date at the end of each Test Period and compliance (or otherwise) shall be verified by reference to the consolidated Accounts of the Group for the relevant Test Periods).
Basis of calculations. The amounts to be calculated for purposes of this Article 7 shall be calculated in accordance with and on the basis of the books of account and other records to be kept by the Operator pursuant to the provisions of Section 8.1.
Basis of calculations. With respect to any period during which a Permitted Acquisition or an Asset Sale has occurred (each, a “Subject Transaction”), for purposes of determining compliance with the financial covenants set forth in this subsection 7.6, Consolidated EBITDA and the components of Consolidated Fixed Charges shall be calculated with respect to such period on a pro forma basis (including pro forma adjustments arising out of events which are directly attributable to a specific transaction, are factually supportable and are expected to have a continuing impact, in each case determined on a basis reasonably acceptable to Administrative Agent with respect to, among other things, cost savings resulting from head count reduction, closure of facilities and similar restructuring charges, which pro forma adjustments shall be certified by the chief financial officer of Company) using the historical audited financial 103 statements of any business so acquired or to be acquired or sold or to be sold and the consolidated financial statements of Company and its Subsidiaries which shall be reformulated as if such Subject Transaction, and any Indebtedness incurred or repaid in connection therewith, had been consummated or incurred or repaid at the beginning of such period (and assuming that such Indebtedness bears interest during any portion of the applicable measurement period prior to the relevant acquisition at the weighted average of the interest rates that would have been applicable to such Indebtedness during such period).
Basis of calculations. (a) All the terms defined in Clause 20.2 (Financial Covenant Definitions) are to be determined on a consolidated basis and (except as expressly included or excluded in the relevant definition) in accordance with the Accounting Standards. The financial covenants in Clause 20.1 (Financial undertakings) shall apply as of the Accounting Date at the end of each Measurement Period and compliance (or otherwise) shall be verified by reference to the consolidated Accounts of the Group (or, in the case of paragraph (c) of Clause 20.4 (Initial periods) to the extent necessary, the Original Financial Statements) for the relevant Measurement Periods and any applicable Reconciliation Statement delivered pursuant to Clause 19.1 (Financial statements).
Basis of calculations. 14 Beneficiaries............................................5
Basis of calculations. 2.1 No item shall be deducted or credited more than once in any calculation.
