Calculation of Value Clause Samples

Calculation of Value. Paragraph 4(c) is hereby amended by deleting the word "Value" and inserting in lieu thereof "S&P Value, Moody's Value, Fitch Value". Paragraph 4(d)(ii) is hereby am▇▇▇▇▇ ▇y (A) deleting the words "a Value" and inserting in lieu thereof "an S&P Value, a Moody's Value, and a Fitch Value" and (B) deleting the words "▇▇▇ ▇alue" and inserting in lieu thereof "S&P Value, Moody's Value, and Fitch Value". Paragraph 5 (flush language) ▇▇ ▇▇reby amended by deleting the word "Value" and inserting in lieu thereof "S&P Value, Moody's Value, or Fitch Value". Paragraph 5(i) (flush langua▇▇) ▇▇ hereby amended by deleting the word "Value" and inserting in lieu thereof "S&P Value, Moody's Value, and Fitch Value". Paragraph 5(i)(C) is hereby ▇▇▇▇▇▇d by deleting the word "the Value, if" and inserting in lieu thereof "any one or more of the S&P Value, Moody's Value, or Fitch Value, as may be". Paragraph 5

Calculation of Value. Paragraph 4(c) is hereby amended by deleting the word "Value" and inserting in lieu thereof "S&P/Fitch Value, Moody's First Trigger Value, Mood▇'▇ ▇▇▇ond Trigger Value". Paragraph 4(d)(ii) is hereby amended by (A) deleting the words "a Value" and inserting in lieu thereof "an S&P/Fitch Value, Moody's First Trigge▇ ▇▇▇▇▇, and Moody's Second Trigger Value" and (▇) deleting the words "the Value" and inserting in lieu thereof "S&P/Fitch Value, Moody's First Trigger Value, and ▇▇▇▇▇'▇ Second Trigg▇▇ ▇▇▇▇e". Paragraph 5 (flush language) is hereby amended by deleting the word "Value" and inserting in lieu thereof "S&P/Fitch Value, Moody's First Trigger Value, or M▇▇▇▇'▇ Second Trigger ▇▇▇▇e". Paragraph 5(i) (flush language) is hereby amended by deleting the word "Value" and inserting in lieu thereof "S&P/Fitch Value, Moody's First Trigger Value, and ▇▇▇▇▇'▇ Second Trigger ▇▇▇▇e". Paragraph 5(i)(C) is hereby amended by deleting the word "the Value, if" and inserting in lieu thereof "any one or more of the S&P/Fitch Value, Moody's First Trigger Value, or M▇▇▇▇'▇ Second Trigg▇▇ ▇▇▇▇e, as may be". Paragraph 5

Calculation of Value. Paragraph 4(c) is hereby amended by deleting the word “Value” and inserting in lieu thereof “[Rating Agency 2] Value, [Rating Agency 1] Value, [Rating Agency 3] Value”. Paragraph 4(d)(ii) is hereby amended by (A) deleting the words “a Value” and inserting in lieu thereof “a [Rating Agency 2] Value, a [Rating Agency 1] Value, and a [Rating Agency 3] Value” and (B) deleting the words “the Value” and inserting in lieu thereof “[Rating Agency 2] Value, [Rating Agency 1] Value, and [Rating Agency 3] Value”. Paragraph 5 (flush language) is hereby amended by deleting the word “Value” and inserting in lieu thereof “[Rating Agency 2] Value, [Rating Agency 1] Value, or [Rating Agency 3] Value”. Paragraph 5(i) (flush language) is hereby amended by deleting the word “Value” and inserting in lieu thereof “[Rating Agency 2] Value, [Rating Agency 1] Value, and [Rating Agency 3] Value”. Paragraph 5(i)(C) is hereby amended by deleting the word “the Value, if” and inserting in lieu thereof “any one or more of the [Rating Agency 2] Value, [Rating Agency 1] Value, or [Rating Agency 3] Value, as may be”. Paragraph 5(ii) is hereby amended by (1) deleting the first instance of the words “the Value” and inserting in lieu thereof “any one or more of the [Rating Agency 2] Value, [Rating Agency 1] Value, or [Rating Agency 3] Value” and (2) deleting the second instance of the words “the Value” and inserting in lieu thereof “such disputed [Rating Agency 2] Value, [Rating Agency 1] Value, or [Rating Agency 3] Value”. Each of Paragraph 8(b)(iv)(B) and Paragraph 11(a) is hereby amended by deleting the word “Value” and inserting in lieu thereof “least of the [Rating Agency 2] Value, [Rating Agency 1] Value or [Rating Agency 3] Value”.

Calculation of Value. (A) For purposes of the calculation of “Value”, the term “applicable Valuation Percentage” shall mean (i) as long as a Moody’s First Trigger Event has occurred and is continuing for 30 days the valuation percentage set forth for the applicable collateral item in Paragraph 13(b)(iv) under the heading “Valuation Percentage for Moody’s First Trigger Credit Support Amount” (“Moody’s First Trigger Valuation Percentage”); (ii) as long as a Moody’s Second Trigger Event has occurred and is continuing for 30 days the valuation percentage set forth for the applicable collateral item in Paragraph 13(b)(iv) under the heading “Valuation Percentage for Moody’s Second Trigger Credit Support Amount” (“Moody’s Second Trigger Valuation Percentage”); (iii) as long as an S&P Collateralization Event has occurred and is continuing for ten Local Business Days the valuation percentage set forth for the applicable collateral item in Paragraph 13(b)(iv) under the heading “Valuation Percentage for S&P First Trigger Credit Support Amount” (“S&P First Trigger Valuation Percentage”); (iv) as long as an S&P Substitution Event has occurred and is continuing for ten Local Business Days the valuation percentage set forth for the applicable collateral item in Paragraph 13(b)(iv) under the heading “Valuation Percentage for S&P Second Trigger Credit Support Amount” (“S&P Second Trigger Valuation Percentage”) and (v) as long as a Fitch Downgrade has occurred and is continuing for 30 days the valuation percentage set forth for the applicable collateral item in Paragraph 13(b)(iv) under the heading “Fitch’s Advance Rates” (“Fitch Valuation Percentage”).

Calculation of Value. For the purpose of calculating the prices quoted at which we are prepared to deal, please note:

Calculation of Value. For purposes of the calculation of “Value”, the term “applicable Valuation Percentage” shall mean

Calculation of Value. Paragraph 4(c) is hereby amended by deleting the word "Value" and inserting in lieu thereof "S&P Value, ▇▇▇▇▇'▇ First Trigger Value, ▇▇▇▇▇'▇ Second Trigger Value". Paragraph 4(d)(ii) is hereby amended by (A) deleting the words "a Value" and inserting in

Calculation of Value. Paragraph 4(c) is hereby amended by deleting the word "Value" and inserting in lieu thereof "S&P Value, Moody's First Trigger Va▇▇▇, ▇▇ody's Second Trigger Value". Paragra▇▇ 4(d)(ii) is hereby amended by (A) deleting the words "a Value" and inserting in lieu thereof "an S&P Value, Moody's First Trigger Va▇▇▇, ▇▇ Moody's Second Trigger Value, as appli▇▇▇▇▇" and (B) deleting the words "the Value" and inserting in lieu thereof "S&P Value,

Calculation of Value. For data, studies and reports, which are not supported by any standard test protocols or for which a market price is not applicable, the party supplying should provide a document justifying the costs, including the expenses and/or the time required (overview of the process steps, working days, costs per working day), including: development of study concept, exploratory studies, carrying out of the study, analyses, expenses for further contractors, administrative costs (see below). is assessed as follows: - in general, for standard tests and Studies, by referring to the present-day cost of such a study, by reference to a list of typical study costs. - for non-standard tests and Studies and reports, or where it can be demonstrated that a specific non-standard cost is applicable, either the real price of the work (updated by inflation) or a justified estimate of current day costs, will be used, as indicated above.