Date Calculation Sample Clauses

Date Calculation. If the last date on which a report is due falls on a Saturday, Sunday or a legal holiday, as defined by O.R.C. §1.14, then the must be received on the next succeeding day that is not a Saturday, Sunday or a legal holiday.
Sample 1
AutoNDA by SimpleDocs
Date Calculation. The computer systems and software used by Parent and any other equipment or products used by Parent that use software or embedded chips (the "Parent's Equipment") will accurately accept, create, manipulate, sort, store, output and otherwise process calendar-related data from, into and between the twentieth and twenty-first centuries and will operate before, during and after the year 2000 without error relating to calendar-related or "date" data (including data received from or passed to other computer systems or programs), including without limitation error that relates to, or is the result of, calendar-related data that represents or refers to different centuries or to more than one century or that reflects the existence of a leap year. Without limiting the generality of the foregoing, the Parent's Equipment will not, because of calendar-related or "date" data (including without limitation data that represents or refers to different centuries or to more than one century or that reflects the existence of a leap year), cease prematurely or abnormally to function before completing its intended operation or generate invalid or incorrect results. The Parent's Equipment is capable, or is in the process of being made (and is scheduled to be made) capable on a timely basis, of storing explicit values with respect to century data and uses a four-digit year in all date data elements, whether internal to the software logic, external at interfaces with other programs or stored on-line or off-line, and recognizes and correctly processes dates for leap year. The next date when the manipulation of calendar-related data could cause any of the Parent's Equipment to cease prematurely or abnormally to function or to generate invalid or incorrect results is at least 50 years from the date of this Agreement.
Sample 1

Related to Date Calculation

  • Interest Calculation Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the period for which the calculation is being made by (b) a daily rate based on a three hundred sixty (360) day year by (c) the outstanding principal balance.

  • Subsequent Recalculation In the event the Internal Revenue Service adjusts the computation of the Company under Section 5.2 herein so that the Executive did not receive the greatest net benefit, the Company shall reimburse the Executive for the full amount necessary to make the Executive whole, plus a market rate of interest, as determined by the Committee, within 30 days after such adjustment.

  • Certain Calculations Unless otherwise specified herein, the following provisions shall apply:

  • Interest Calculations Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

  • Final Settlement Statement No later than 120 Days after the Closing Date Seller will deliver to Buyer the final settlement statement (the “Final Settlement Statement”) setting forth the actual amounts of Adjustments and the resulting Adjusted Purchase Price, together with associated back-up documentation. As soon as reasonably practicable, but in no event later than 30 Days after Buyer receives the Final Settlement Statement, Buyer may deliver to Seller a written report containing any changes that Buyer proposes to be made to such statement. If Buyer fails to timely deliver the written report to Seller containing changes Buyer proposes to be made to the Final Settlement Statement, the statement as delivered by Seller will be deemed to be correct and will be final and binding on the Parties and not subject to further audit or arbitration. As soon as reasonably practicable, but in no event later than 15 Days after Seller receives Buyer’s written report, the Parties shall meet and undertake to agree on the final adjustments to the Final Settlement Statement. If the Parties fail to agree on the final adjustments within such 15-Day period, either Party may submit the disputed items to the Accounting Referee for resolution. The Parties shall direct the Accounting Referee to resolve the disputes within 20 Days after having the relevant materials submitted for review. The decision of the Accounting Referee will be binding on and non-appealable by the Parties. The fees and expenses associated with the Accounting Referee will be borne equally by the Parties. Any amounts owed by one Party to the other as a result of the Final Settlement Statement, together with interest on such amount from (and including) the Closing Date to (and excluding) the date of payment at the Prime Rate, will be paid within 5 Business Days after the date when the amounts are agreed upon by the Parties or the Parties receive a decision of the Accounting Referee, and the Adjustments included in the Final Settlement Statement will be final and binding between the Parties and not subject to further audit or arbitration.

  • Interest Rates Payments and Calculations (a) Interest Rate. -------------

  • Calculation Any figure or percentage referred to in this Agreement shall be carried to seven decimal places.

Time is Money Join Law Insider Premium to draft better contracts faster.