Cost of funds as a fallback Cost of funds will not apply as a fallback. Definitions Additional Business Days: A US Government Securities Business Day. Break Costs: Break Costs to be payable to each Lender in an amount equal to that Xxxxxx’s duly evidenced anticipated costs and losses arising directly as a result of a prepayment of the Floating Rate Loan (or the relevant part of it) on a day other than the last day of the relevant Interest Period, provided however that the total amount payable in aggregate to the Lenders per Funding Losses Event shall not exceed the aggregate amounts they are due to pay to KfW under clause 7.4 of the relevant Option A Refinancing Agreement.
Cost of living grading
Cost of. If, during the period May and June I, the average has increased by more than over the previous month period, an adjustment will be made for the difference between the actual percentage and the increase. If the actual percentage increase is less than no adjustment shall be made. If an adjustment is required based on the above criteria, the differential will be applied to all hours worked period May and June I, including overtime premium hours. The following formula will be used for calculating the adjustment: where; A = monthly (June -May 2000) B = monthly (lune -May 1999) Wage rate in effect for period May 29/98 May 27/99 Wage rate in effect for period May 28/99 June T = Total hours paid during the period May 28/99 and June including overtime premium hours = TOTAL DOLLAR ADJUSTMENT Adjustments will be made in the pay period following release by Statistics Canada of the National Consumer Price. Index (base = 100) for all months used in the calculation (i.e.. June to May 2000). ARTICLE
Cost of. For the period September to August a cost of allowance shall be paid to Teachers. The of this allowance be made monthly for each month in which the cost of living index for Metropolitan Toronto exceeds of the August, The last such any, shall be made on the basis of the August The calculation of this for each such month shall be based on the Grid Where A is calculated follows: Month
Cost of. Additional Services shall mean and refer to the Landlord’s total cost of providing Additional Services to the Tenant and without limiting the generality of the foregoing shall include the cost of all labour (including salaries, wages and fringe benefits) and material and other direct expenses incurred, the cost of supervision and other indirect expenses capable of being allocated thereto (such allocation to be made upon a reasonable basis) and all other out-of-pocket expenses made in connection therewith including amounts paid to independent contractors; the Cost of Additional Services shall also include an amount equal to fifteen percent (15%) of the Landlord’s total cost of providing Additional Services to the Tenant as outlined above (representing an agreed estimate of the expenses to the Landlord for management and indirect expenses incapable of being allocated).
Cost of funds (a) If this Clause 11.5 applies to a Loan for an Interest Period, neither Clause 9.1 (Calculation of interest – Term Rate Loans) nor Clause 9.2 (Calculation of interest – Compounded Rate Loans) shall apply to that Loan for that Interest Period and the rate of interest on each Lender's share of that Loan for that Interest Period shall be the percentage rate per annum which is the sum of: (i) the applicable Margin; and (ii) the rate notified to the Agent by that Xxxxxx as soon as practicable and in any event by the Reporting Time for that Loan, to be that which expresses as a percentage rate per annum its cost of funds relating to its participation in that Loan. (b) If this Clause 11.5 applies and the Agent (acting in its name or on behalf of an affected Lender) or the Company so requires, the Agent and the Company shall enter into negotiations (for a period of not more than 30 days) with a view to agreeing a substitute basis for determining the rate of interest. (c) Any alternative basis agreed pursuant to paragraph (b) above shall, with the prior consent of all the Lenders and the Company, be binding on all Parties. (d) If this Clause 11.5 applies pursuant to Clause 11.3 (Market disruption) and: (i) a Lender's Funding Rate is less than the relevant Market Disruption Rate; or (ii) a Lender does not notify a rate to the Agent by the relevant Reporting Time, that Xxxxxx's cost of funds relating to its participation in that Loan for that Interest Period shall be deemed, for the purposes of paragraph (a) above, to be the Market Disruption Rate for that Loan. (e) If this Clause 11.5 applies pursuant to Clause 11.1 (Interest calculation if no Primary Term Rate) or Clause 11.3 (Interest calculation if no RFR or Central Bank Rate), and a Lender does not notify a rate to the Agent by the relevant Reporting Time, that Xxxxxx's cost of funds relating to its participation in that Loan for that Interest Period shall be calculated, for the purposes of paragraph (a) as the weighted average of the rates notified to the Agent by each Lender who has provided a rate to the Agent pursuant to paragraph (a) above. (f) If this Clause 11.5 applies the Agent shall, as soon as is practicable, notify the Company. 11.6
Cost of. (a) For purposes of this Agreement: “Consumer Price Index” refers to the Consumer Price Index for Canada, All Items, (198 = 100) published by Statistics Canada. “Consumer Price Index Base” refers to the Consumer Price Index for the month of June (199.5). ”Adjustment dates” are February May August and November February May August and November February May August and November and February “Change in Consumer Price Index” is defined as the difference between (1) the Consumer Price Index Base, as adjusted, and (2) the Consumer Price Index for the second calendar month next preceding the month in which the applicable Adjustment Date falls.