Calculation Bases Clause Samples

Calculation Bases. The CN shall calculate the saved amount per settlement period (§ 6. 1.1.) excluding the statutory turnover tax subject to the following provisions. The principles set forth in the following sub- sections of this § 9 are supplemented by the principles and calculation modes set forth in Annex 8. Moreover, the CN shall use the settlement pattern attached as Annex 10 and break down in an appendix the individual calculation steps and reference variables/data. Non-observance of this provision shall mean that the settlement cannot be verified and that the CN’s claim to remuneration is invalid. In this case, the CL shall be entitled to fix a reasonable period within which the CN shall submit a verifiable settlement and to draw up the settlement himself at the CN’s expense after effectless expiry of such period (in accordance with § 14 no. 4 VOB/B). For the purpose of drawing up the settlement, the CL shall without being asked on an ongoing basis submit to the CN as a basis for assessment all relevant energy supply bills including the energy consumption values recorded by him or a third party. On this basis, the following calculations shall be made:
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Calculation Bases. In the case of limited employment contracts the hourly rate shall be one eighth (1/8) of the daily fee or one fortieth (1/40) of the weekly fee or one one-hundred-and- Clause 10 Work on Saturdays, Sundays or public holidays 1. For work done on Saturdays a 100% surcharge on the hourly rate (as defined in Clause 9 para 5) shall be paid from the 5th hour and in any case from 3 p.m. 2. For work done on Sundays or public holidays a 100% surcharge on the daily fee (as defined in Clause 8 para 2) shall be paid. In addition, the employee shall be entitled to one paid day off in lieu. 3. Where the working time is regulated otherwise by an internal or individual agreement (Clause 5 para 1), the substitute weekend rest shall be considered work on a Saturday and/or Sunday or Public Holiday for which a surcharge is payable. 4. There shall be no entitlement to the above surcharges if no valid employment relationship existed with the same employer for at least three days immediately prior to and after the work on a Saturday and/or Sunday or public holiday.
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Calculation Bases. (1) The CN shall calculate the saved amount after finishing of the preparatory services one time per settlement period (§ 6) excluding the statutory turnover tax subject supplemented by the principles and calculation modes set forth in Annex 8. Moreover, the CN shall use the settlement pattern attached as Annex 10 and break down in an appendix the individual calculation steps and reference variables/data. (2) For the purpose of drawing up the settlement, the CL shall without being asked on an ongoing basis submit to the CN as a basis for assessment all relevant documents.
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Related to Calculation Bases

  • Calculation Dates The interest rate applicable to each Interest Reset Period will be determined by the Calculation Agent on or prior to the Calculation Date (as defined below), except with respect to LIBOR, which will be determined on the particular Interest Determination Date. Upon request of the Holder of a Floating Rate Note, the Calculation Agent will disclose the interest rate then in effect and, if determined, the interest rate that will become effective as a result of a determination made for the next succeeding Interest Reset Date with respect to such Floating Rate Note. The “Calculation Date”, if applicable, pertaining to any Interest Determination Date will be the earlier of: (1) the tenth calendar day after the particular Interest Determination Date or, if such day is not a Business Day, the next succeeding Business Day; or (2) the Business Day immediately preceding the applicable Interest Payment Date or the Maturity Date, as the case may be.

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

  • Interest Rates Payments and Calculations (a) Interest Rates. From the Effective Date, all Obligations charged to the Loan Account with respect to the Loans shall, subject to Section 2.5(c)(ii), bear interest payable in cash on the Outstanding Amount at a rate per annum equal to ABR plus the Applicable Margin and shall be payable in accordance with Section 2.5(c).

  • Payment Calculation District shall pay Contractor at a rate of $ per . District shall pay Contractor as described in attached Exhibit A

  • 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”).