Conversion Methodology Sample Clauses
The Conversion Methodology clause defines the process and rules for converting one form of asset, currency, or measurement into another within the context of the agreement. It typically outlines the specific formulas, reference rates, or procedures to be used when a conversion is required, such as converting foreign currency payments to a base currency or translating units of measurement. By establishing a clear and consistent approach to conversions, this clause helps prevent disputes and ensures all parties understand how values will be calculated throughout the contract.
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Conversion Methodology. If the Committee makes the election contemplated by Section 4(a), the Award, or applicable portion thereof, will be converted into a number of Equity Awards by dividing the dollar amount of the Award or applicable portion by the Fair Market Value (such term, as well as any other capitalized terms used in this Section 4 and not otherwise defined in this Agreement, as defined in the Plan) as of the Conversion Date.
Conversion Methodology. For the purposes of calculating the amounts payable pursuant to this Agreement, amounts denominated in any currency other than U.S. Dollars shall be calculated using the Dollar Equivalent thereof as of the Business Day immediately preceding the date on which such payment is to be made by one party hereto to
Conversion Methodology. Except as set forth in Schedule 1.1(a) of the Disclosure Schedules, for the purposes of calculating the amounts payable pursuant to this Agreement, amounts denominated in any currency other than US Dollars shall be calculated using the Dollar Equivalent thereof as of the Business Day immediately preceding the date on which such payment is to be made by one Party to another Party. “Dollar Equivalent” means, with respect to any amount denominated in any currency other than US Dollars, the equivalent of such amount in US Dollars determined by using the rate of exchange quoted by The Wall Street Journal on the date of determination for the spot purchase in the New York foreign exchange market of such amount of US Dollars with such other currency.
Conversion Methodology. For purposes of calculating the amounts payable, if any, by Purchaser and/or a Purchaser Affiliate with respect to Excess Electronics Collections pursuant to Section 2.8 only, Seller and Purchaser hereby agree that any Electronics Rental Payment and Electronic Residual Collections payable in a currency other than U.S. dollars in respect of any calendar month shall be deemed to be converted into U.S. dollars based upon the average of the exchange rates for such currency into U.S. dollars, as determined by Purchaser's Treasury Department consistent with its past practices, for each Business Day during the 30 calendar days ending (and including) the 14th day of the immediately preceding calendar month (or, in the event such 14th day is not a Business Day, ending on (and including) the next Business Day).
Conversion Methodology. Except as set forth in Schedule ---------------------- -------- 1.1
(a) of the Disclosure Schedules, for the purposes of calculating the ------ amounts payable pursuant to this Agreement, amounts denominated in any currency other than US Dollars shall be calculated using the Dollar Equivalent thereof as of the Business Day immediately preceding the date on which such payment is to be made by one Party to another Party. "Dollar Equivalent" ----------------- means, with respect to any amount denominated in any currency other than US Dollars, the equivalent of such amount in US Dollars determined by using the rate of exchange quoted by The Wall Street Journal on the date of determination for ----------------------- the spot purchase in the New York foreign exchange market of such amount of US Dollars with such other currency.