CALCULATION WORKSHEET Sample Clauses
The CALCULATION WORKSHEET clause establishes the requirement for a standardized form or document to be used when performing and presenting calculations related to the agreement. Typically, this worksheet details the specific inputs, formulas, and results for financial or quantitative matters such as payments, adjustments, or performance metrics. By mandating a consistent calculation method and format, the clause ensures transparency, reduces the risk of errors or disputes, and facilitates mutual understanding between the parties.
CALCULATION WORKSHEET. Following the definitions and calculations more fully defined in the Credit Agreement:
CALCULATION WORKSHEET. 1. Agree the total market value of Assets of Borrower to the Borrower's supporting documentation and agree the market value of all Assets of Borrower on the Year-End Investor Report to the total of the portfolio of investments included in the Borrower's audited financial statements. So long as no Default or Event of Default shall have occurred and be continuing, in no case shall a report prepared and delivered to the Agent with respect to an audit performed in accordance with this Schedule V be required to report any unreconciled errors that are individually less than $100,000. SCHEDULE VI JURISDICTION OF FORMATION Massachusetts PRINCIPAL OFFICE ; TRUSTEE LOCATIONS ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ NAMES USED BY THE BORROWER First Trust/Four Corners Senior Floating Rate Income Fund II NAMES AND STATES OF RESIDENCE OF TRUSTEES ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ - Illinois ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ - Illinois ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ - Tennessee ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ - Illinois ▇▇▇▇▇ ▇. ▇▇▇▇▇ - Illinois SCHEDULE VII LOCATIONS OF LOAN DOCUMENTS ▇ ▇▇▇▇▇▇ ▇▇▇▇▇ Brooklyn, NY 11217 EXHIBIT A FORM OF ADVANCE NOTE ADVANCE NOTE $__________ _________, ____ FOR VALUE RECEIVED, on the Maturity Date (as defined in the Credit Agreement hereinafter referred to) of each Advance made by the [Conduit Lender] [Secondary Lender] to the undersigned (the "Borrower") pursuant to the Credit Agreement (defined below), the Borrower hereby promises to pay [INSERT NAME OF CONDUIT LENDER OR SECONDARY LENDER] (together with its successors and assigns the ["Conduit Lender"] ["Secondary Lender"]) the unpaid principal amount of each such Advance, in immediately available funds and in lawful money of the United States of America, and to pay Yield on the unpaid balance of said principal Advance from the Borrowing Date thereof, until the principal amount thereof shall have been paid in full, in like funds and money as provided in said Credit Agreement for Advances made by the [Conduit Lender] [Secondary Lender] and at the maturity thereof. Capitalized terms used in this promissory note unless otherwise defined herein shall have the meaning assigned to such terms in the Credit Agreement. This promissory note is an Advance Note referred to in the Revolving Credit and Security Agreement dated as of July 13, 2012 (as from time to time amended, modified, or supplemented, the "Credit Agreement") among the Borrower, [the Conduit Lender], [Secondary Lender], the other banks and financial institutions parties thereto, and...
CALCULATION WORKSHEET. Tangible Net Worth Total Debt to Tangible Net Worth Rate
CALCULATION WORKSHEET. 1. Agree the total market value of Assets of Borrower to the Borrower’s supporting documentation and agree the market value of all Assets of Borrower on the Year-End Investor Report to the total of the portfolio of investments included in the Borrower’s audited financial statements. [Reserved] ▇▇▇▇▇ ▇▇▇▇ ▇▇., Suite 800 Dallas, TX 75420 Australian Dollar 85.68 % British Pound 89.29 % Canadian Dollar 90.46 % Danish Krone 86.65 % Euro 87.24 % Icelandic Krona 86.06 % Japanese Yen 85.57 % New Zealand Dollar 84.49 % Norwegian Krone 85.83 % Swedish Krona 85.60 % Swiss Franc 85.77 % $ , ___ FOR VALUE RECEIVED, on the Maturity Date (as defined in the Credit Agreement hereinafter referred to) of each Advance made by the [Conduit Lender] [Secondary Lender] to the undersigned (the “Borrower”) pursuant to the Credit Agreement (defined below), the Borrower hereby promises to pay [INSERT NAME OF CONDUIT LENDER OR SECONDARY LENDER] (together with its successors and assigns the [”Conduit Lender“] [”Secondary Lender“]) the unpaid principal amount of each such Advance, in immediately available funds and in lawful money of the United States of America, and to pay Yield on the unpaid balance of said principal Advance from the Borrowing Date thereof, until the principal amount thereof shall have been paid in full, in like funds and money as provided in said Credit Agreement for Advances made by the [Conduit Lender] [Secondary Lender] and at the maturity thereof. Capitalized terms used in this promissory note unless otherwise defined herein shall have the meaning assigned to such terms in the Credit Agreement. This promissory note is an Advance Note referred to in the Revolving Credit and Security Agreement dated as of June 27, 2008 (as from time to time amended, modified, or supplemented, the “Credit Agreement”) among the Borrower, [the Conduit Lender], [Secondary Lender], the other banks and financial institutions parties thereto, and The Bank of Nova Scotia, acting through its New York Agency, as agent. The date and principal amount of each Advance made to the Borrower and of each repayment of principal thereon shall be recorded by the [Conduit Lender] [Secondary Lender] or its designee on Schedule II attached to this Advance Note, and the aggregate unpaid principal amount shown on such schedule shall be rebuttable presumptive evidence of the principal amount owing and unpaid on the Advances made by the [Conduit Lender] [Secondary Lender]. The failure to record or any error i...
CALCULATION WORKSHEET. Tangible Net Worth