Common use of Calculation Method Clause in Contracts

Calculation Method. The full costs of each of the above functions are grouped together to form the total data center cost (Exhibit C2). The applicable share of each cost item will be recorded for Avis and used to calculate Avis' cost for each item. The total cost for Avis is calculated by adding the cost against each item (Exhibit C3). For ease of billing Data Center charges will be expressed as a charge per rental agreement. The charge per rental agreement will be calculated for each planning period by dividing Avis's share of the total data center cost by the estimated number of rental agreements to be processed during such planning period, as provided by Avis in accordance with Section 5.2(a)(1). An example of the calculation is attached at Exhibit C4. As of the Effective Date the charge is $0.778 per Rental Agreement processed.