Calculation Periods Clause Samples
The Calculation Periods clause defines the specific intervals of time over which certain financial or contractual calculations are made. Typically, this clause outlines the start and end dates for each period, such as monthly, quarterly, or annually, and may specify how adjustments are handled if a period does not align with calendar dates. By clearly establishing these periods, the clause ensures consistency and accuracy in determining payments, interest, or other obligations, thereby preventing disputes and promoting transparency between the parties.
Calculation Periods. When calculating the purchases of steel and aluminum over the additional calculation periods set forth in this paragraph, the producer may calculate:
(i) beginning on July 1 of the previous year and ending on June 30 of the current year, except for the additional calculation periods set forth in paragraph (d)(1)(iv) or (d)(2)(v) of this section when the period ends at the end of the producer’s fiscal year; or
(ii) beginning on July 1 of the current year and ending on June 30 of the following year, except for the additional calculation periods in paragraph (d)(1)(iv) or (d)(2)(v) of this section when the period ends at the end of the producer’s fiscal year.
Calculation Periods. When basing the LVC calculation over the additional calculation periods set forth in this paragraph, the producer may calculate:
(i) Beginning on July 1 of the previous year and ending on June 30 of the current year, except for the additional calculation periods set forth in paragraph (e)(1)(iv) or (e)(2)(v) of this section when the period ends at the end of the producer’s fiscal year; or
(ii) Beginning on July 1 of the current year and ending on June 30 of the following year, except for the additional calculation periods in paragraph (e)(1)(iv) or (e)(2)(v) of this section when the period ends at the end of the producer’s fiscal year.
Calculation Periods. The Contingent Consideration shall be based upon the Company's Operating Income Profitability (defined hereinafter) for each of the following periods (the "Periods"): (i) the five-month period ending April 30, 1999 ("Year 1"); (ii) the twelve-month period ending April 30, 2000 ("Year 2"); and (iii) the three-month period ending July 31, 2000 ("Incremental 2001"). Payment of the Contingent Consideration, to the extent earned, shall be made in three installments each relating to the Company's performance during the respective Period. Payment of the Contingent Consideration for each Period shall be due and payable 90 days from the ending day of such Period (the "Due Dates"), with any LVCI Stock component of the Contingent Consideration valued at the average closing market price of such stock during the ten NASDAQ trading days immediately preceding each Due Date.
Calculation Periods. The producer of a covered vehicle may base the LVC calculation over the calculation periods set forth in either this paragraph or paragraph (e) of this section. The following calculation periods are provided for in section 18(19) of Appendix A to this part, and include:
(1) The previous fiscal year of the producer;
(2) The previous calendar year;
(3) The quarter or month to date in which the vehicle is produced or exported;
(4) The producer’s fiscal year to date in which the vehicle is produced or exported; or
(5) The calendar year to date in which the vehicle is produced or exported.
Calculation Periods. (a) Any period by reference to which any interest, commission or fee is calculated under a Finance Document shall commence on and include the first day of that period and end on but exclude the last day of that period.
(b) For the purpose of the calculation and distribution of any amounts hereunder, the Lender may deal with a fraction less than one pound (£1) or one Yen (JPY1) at its sole discretion.
Calculation Periods. 6 3.3 Calculation........................................................6 3.4 Adjustments to LVCI January Notes..................................6 3.5
Calculation Periods. The producer of a covered vehicle may calculate the purchases of steel or aluminum over the calculation periods set forth in either this paragraph or paragraph (d) of this section. The following calculation periods are provided for in section 17(7) of Appendix A to this part, and include:
(1) The previous fiscal year of the producer;
(2) The previous calendar year;
(3) The quarter or month to date in which the vehicle is exported;
(4) The producer’s fiscal year to date in which the vehicle is exported; or
(5) The calendar year to date in which the vehicle is exported.
Calculation Periods. Any period by reference to which any interest, commission or fee is calculated under a Finance Document shall, in relation to the first period in relation to each Loan, include the first day of that period and the last day of that period and, in relation to each other period, exclude the first day of that period and include the last day of that period.
Calculation Periods. The Dollar Volume for each trading day shall be calculated for the five years preceding the date of death and then the Total Dollar Volume (defined below) shall be calculated for each of three time periods, namely the one year preceding the date of death, the three years preceding that date, and the five years preceding that date (each such time period being a "Calculation Period").
Calculation Periods. For the calculation provided in paragraph (c)(3) of this section, the calculation period over which the purchases are made, as specified in § 182.94(c) and (d) of this subpart;