Calculation Examples Sample Clauses

Calculation Examples. Wellness Calculation - Example 1:
AutoNDA by SimpleDocs
Calculation Examples. 1. Calculation of special payments in the event of a change in normal working hours (Section 9 item 8) January to March: 38.5 hours per week April to December: 20 hours per week 3 (months) x 38.5 hrs = 115.5 hours 9 (months) x 20 hrs = 180.0 hours Total: 295.5 hours 295.5 hours ÷ 12 (months) = 24.83 hours per week averaged over the year. If the part-time employment in the month of payment amounts to 20 hours per week, the monthly salary or wage is to be divided by 20 and multiplied by 24.63 to calculate the annual leave pay. If applicable, regularly worked part-time extra hours are to be additionally taken into account with the euro amount which results from the average remuneration of part-time extra hours paid out in the last 12 calendar months (including supplement for part-time extra hours).
Calculation Examples. Exhibit 3.7 contains illustrative examples of the calculation of the Closing Price Adjustment, using the concepts and formulas set forth in this CHAPTER III.
Calculation Examples. The following represent illustrative examples of the calculations set forth in SECTION 2.1 based on a hypothetical Aggregate Conversion Amount of $3,158,761.90 (assuming $7,451,978.61 in total outstanding obligations under the Subordinated Debt, MINUS the Base Amount of $4,293,216.71): EXAMPLE OF SECTION 2.1(A): IF THE EXCHANGE PRICE EQUALS $5.50, THEN THE NOTE STOCK AMOUNT WOULD EQUAL 574,320 SHARES OF XXXXXX COMMON STOCK ($3,158,761.90 DIVIDED BY $5.50). EXAMPLE OF SECTION 2.1(B): IF THE EXCHANGE PRICE EQUALS $4.00, THEN THE NOTE STOCK AMOUNT WOULD EQUAL 631,752 SHARES OF XXXXXX COMMON STOCK ($3,158,761.90 DIVIDED BY THE FLOOR PRICE OF $5.00). EXAMPLE OF SECTION 2.1(C): IF THE EXCHANGE PRICE EQUALS $8.00, THEN THE NOTE STOCK AMOUNT WOULD EQUAL 451,251 SHARES OF XXXXXX COMMON STOCK ($3,158,761.90 DIVIDED BY THE CAP PRICE OF $7.00).
Calculation Examples. EXAMPLE 1: Work found unsatisfactory and not reperformed by anyone, or work not performed at all: 10% of service value of observed defects for administrative costs plus cost of service value lost. Payment Analysis FT Requirement = One Service Unit Surveillance = 100 Percent Inspection CLIN Value($) = $10,000.00 Population = 50 units Defects = 10 units 1. Cost of Service = $10,000.00/50 units = $200.00 per unit A
Calculation Examples. Example 1: Development project of a candy sorting robot with a single strategic member for a period of 9 months Total Project Costs Labour 2,000 h @ $230/h $460,000 Consumables $250,000 $250,000 Total $710,000 Calculation of Eligible Project Costs Labour 2,000 h @$230/h $460,000 Consumables Max. 30% of Eligible Project Costs $196,000 Total $656,000 INO Contribution Labour 1,000 h @$230/h $230,000 Consumables 50% of eligible Consumables $98,000 Total $328,000 To be paid by the Strategic Member Labour 1,000 h @$230/h $230,000 Consumables (50% of eligible Consumables + Excess of 30%) $152,000 R&D Fee $5,000 Total $387,000 Example 2: Development project of a wine bottle analyzer with a strategic member and 2 industrial members for a period of 23 months Total Project Costs Labour 8,000 h @$230/h $1,840,000 Consumables $160,000 $160,000 Total $2,000,000 Calculation of Eligible Project Costs Labour 8,000 h @$230/h $1,840,000 Consumables Max. 30% of Eligible Project Costs $160,000 Total $2,000,000 INO Contribution (the maximum is $900,000, i.e. $500,000+$200,000+$200,000) Labour 3,600 h @$230/h $828,000 Consumables Max. 30% of Eligible Project Costs $72,000 Total $900,000 To be paid by the Strategic Member Labour 2,445 h @$230/h $562,350 Consumables $48,889 R&D Fee (x2: project over 23 months) $10,000 Total $621,239 To be paid by each of the industrial members Labour 977.5 h@ 230/h$ $224,825 Consumables $19,555.50 R&D Fee (x2: project over 23 months) $5,000 Total $249,380.50 In this example, each member has used up their maximum for the year and cannot do any more Collaborative Research and Development Project for that year. Example 3: Development project of an optical chlorine analyzer with a strategic member and 2 industrial members for a period of 6 months Total Project Costs Labour 750h @$230/h $172,500 Consumables $27,500 $27,500 Total $200,000 Calculation of Eligible Project Costs Labour 750h @$230/h $172,500 Consumables Max. 30% of Eligible Project Costs $27,500 Total $200,000 INO Contribution Labour 375h @$230/h $86,250 Consumables $13,750 Total $100,000 To be paid by the Strategic Member Labour 208.3 h @$230/h $47,916 Consumables $7,638 R&D Fee $5,000 Total $60,555.56 To be paid by each of the industrial members Labour 83.3@ 230/h $19,167 Consumables $3,056 R&D Fee $2,500
Calculation Examples. For the purposes of further explanation only:
AutoNDA by SimpleDocs
Calculation Examples. For example, if the number of Enplanements in the Terminal for the month of July 2027 is seventy percent (70%) compared to July 2026, the number for August 2027 is seventy-five percent (75%) compared to August 2026, and the number for September 2027 is eighty-five percent (85%) compared to September 2026, then the Severe Decline in Enplanements for Three (3) Consecutive Months has not been met. However, if the number of Enplanements in the Terminal for the month of July 2027 is seventy percent (70%) compared to July 2026, the number for August 2027 is seventy-five percent (75%) compared to August 2026, and the number for September 2027 is seventy-five percent (75%) compared to September 2026, then the Severe Decline in Enplanements for Three (3) Consecutive Months has been met.

Related to Calculation Examples

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

  • Calculations All calculations under this Section 3 shall be made to the nearest cent or the nearest 1/100th of a share, as the case may be. For purposes of this Section 3, the number of shares of Common Stock deemed to be issued and outstanding as of a given date shall be the sum of the number of shares of Common Stock (excluding treasury shares, if any) issued and outstanding.

  • Pro Forma Calculations Notwithstanding anything to the contrary herein (subject to Section 1.02(j)), the First Lien Net Leverage Ratio, the Total Net Leverage Ratio and the Fixed Charge Coverage Ratio and Consolidated Net Tangible Assets shall be calculated (including for purposes of Sections 2.14 and 2.15) on a Pro Forma Basis with respect to each Specified Transaction occurring during the applicable four quarter period to which such calculation relates, and/or subsequent to the end of such four-quarter period but not later than the date of such calculation; provided that notwithstanding the foregoing, when calculating the First Lien Net Leverage Ratio for purposes of (i) determining the applicable percentage of Excess Cash Flow for purposes of Section 2.05(b), (ii) the Applicable Rate, (iii) the Applicable Commitment Fee and (iv) determining actual compliance (and not Pro Forma Compliance or compliance on a Pro Forma Basis) with the Financial Covenant, any Specified Transaction and any related adjustment contemplated in the definition of Pro Forma Basis (and corresponding provisions of the definition of Consolidated EBITDA) that occurred subsequent to the end of the applicable four quarter period shall not be given Pro Forma Effect. For purposes of determining compliance with any provision of this Agreement which requires Pro Forma Compliance with the Financial Covenant, (x) in the case of any such compliance required after delivery of financial statements for the fiscal quarter ending on or about June 30, 2014, such Pro Forma Compliance shall be determined by reference to the maximum First Lien Net Leverage Ratio permitted for the fiscal quarter most recently then ended for which financial statements have been delivered (or were required to have been delivered) in accordance with Section 6.01, or (y) in the case of any such compliance required prior to the delivery referred to in clause (x) above, such Pro Forma Compliance shall be determined by reference to the maximum First Lien Net Leverage Ratio permitted for the fiscal quarter ending June 30, 2014. With respect to any provision of this Agreement (other than the provisions of Section 6.02(a) or Section 7.08) that requires compliance or Pro Forma Compliance with the Financial Covenant, such compliance or Pro Forma Compliance shall be required regardless of whether the Lux Borrower is otherwise required to comply with such covenant under the terms of Section 7.08 at such time. For purposes of making any computation referred to above:

  • Accounting Terms; GAAP; Pro Forma Calculations (a) Except as otherwise expressly provided herein, all terms of an accounting or financial nature shall be construed in accordance with GAAP, as in effect from time to time; provided that, if the Borrower notifies the Administrative Agent that the Borrower requests an amendment to any provision hereof to eliminate the effect of any change occurring after the date hereof in GAAP or in the application thereof on the operation of such provision (or if the Administrative Agent notifies the Borrower that the Required Lenders request an amendment to any provision hereof for such purpose), regardless of whether any such notice is given before or after such change in GAAP or in the application thereof, then such provision shall be interpreted on the basis of GAAP as in effect and applied immediately before such change shall have become effective until such notice shall have been withdrawn or such provision amended in accordance herewith. Notwithstanding any other provision contained herein, all terms of an accounting or financial nature used herein shall be construed, and all computations of amounts and ratios referred to herein shall be made (i) without giving effect to any election under Accounting Standards Codification 000-00-00 (or any other Accounting Standards Codification or Financial Accounting Standard having a similar result or effect) to value any Indebtedness or other liabilities of the Borrower or any Subsidiary at “fair value”, as defined therein and (ii) without giving effect to any treatment of Indebtedness in respect of convertible debt instruments under Accounting Standards Codification 470-20 (or any other Accounting Standards Codification or Financial Accounting Standard having a similar result or effect) to value any such Indebtedness in a reduced or bifurcated manner as described therein, and such Indebtedness shall at all times be valued at the full stated principal amount thereof.

  • Financial Calculations (a) All financial calculations to be made under, or for the purposes of, this Agreement and any other Transaction Document shall be made in accordance with the Accounting Standards and, except as otherwise required in this Agreement or to conform to any provision of this Agreement, shall be calculated from the then most recently issued quarterly financial statements which the applicable Obligor is obligated to furnish to IFC under Section 5.03(a) (Reporting Requirements).

Time is Money Join Law Insider Premium to draft better contracts faster.