HSC Calculation Sample Clauses

HSC Calculation. The monthly charges for asset acquisitions in a given month (HSC) will equal the following: Monthly HSC = ( P * [(s/12*(1+s/12)n)/((1+(s/12))n-1)] + [(xx/12) * 0.5P] +M ) Where:  Monthly HSC = the monthly Hardware Service Charge  P = the prorated monthly amount of actual Capital Expenditures. Service Provider will use commercially reasonable efforts to obtain the lowest possible commercially available discounted prices for the Capital Expenditures, including through DIR’s contracts as set forth in the Agreement  M = the total amount of Maintenance Costs that were actually paid during the applicable month, to the extent required beyond the warranty period  n = equals 60 months (the finance term)  s = equals the service charge rate of 7% for a 60 month lease;  XX = the then-applicable personal property tax at time of purchase; and  Current benchmark rates can be found at: ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/releases/h15/update/ For any STM Server which supports a single DIR Customer, whether it is single or multi-instance, the calculation above is made per Server, each of which is billed to the applicable DIR Customer. HSC for STM Servers that support multiple DIR Customers are handled as follows:
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HSC Calculation. The monthly HSC charge for each security hardware in each month (HSC) will equal the following: Monthly HSC = (P * [(s/12*(1+s/12)n)/((1+(s/12))n-1)] + [(xx/12) * 0.5P] +M ) Where:  Monthly HSC = the monthly Hardware Service Charge  P = the prorated monthly amount of actual Capital Expenditures. Service Component Provider will use commercially reasonable efforts to obtain the lowest possible commercially available discounted prices for the Capital Expenditures, including through DIR’s contracts as set forth in the Agreement  M = the total amount of Maintenance Costs that were paid during the applicable month, to the extent required beyond the warranty period  n = equals the finance term  s = equals the service charge rate for the term;  XX = the then-applicable personal property tax at time of purchase Copies of relevant Third Party invoices and such other information reasonably requested by DIR or Customer will also be included with the Monthly Invoice. Service Component Provider shall obtain Customer’s approval prior to incurring any Capital Expenditures (including the Capital Expenditure amounts for leased security hardware) or Maintenance Costs. If Service Component Provider does not obtain Customer’s prior approval in respect of any Capital Expenditures or Maintenance Costs, then such costs shall not be included in the HSC and Service Component Provider shall be responsible for such costs. If Customer requests Service Component Provider to remove security hardware prior to the end of its applicable refresh term, Service Component Provider shall use commercially reasonable efforts to re-deploy such security in any environment, including in Service Component Provider’s environment (internally or in support of other customers). Any remaining HSC shall continue until the earlier of (a) such time as Service Component Provider is able to re-deploy such security hardware or (b) end of the refresh term, using a discount rate equal to the applicable service charge rate as included in the HSC calculation, provided that Service Component Provider continues to use commercially reasonable efforts to re- deploy such security hardware as set forth above, or (c) in the event such security hardware is no longer being used because of a termination of this Agreement, at such time that Customer is no longer using the security hardware for receipt of Services, in which case Customer shall purchase the security hardware as set forth in (b) hereof. With respect to any...
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HSC Calculation. The monthly charges for asset acquisitions in a given month (HSC) will equal the following: Monthly HSC = ( P * [(s/12*(1+s/12)n)/((1+(s/12))n-1)] + [(xx/12) * 0.5P] +M ) Where: ▪ Monthly HSC = the monthly Hardware Service Charge ▪ P = the prorated monthly amount of actual Capital Expenditures. Service Provider will use commercially reasonable efforts to obtain the lowest possible commercially available discounted prices for the Capital Expenditures, including through DIR’s contracts as set forth in the Agreement ▪ M = the total amount of Maintenance Costs that were actually paid during the applicable month, to the extent required beyond the warranty period ▪ n = equals 60 months (the finance term) ▪ s = equals the service charge rate of 7% for a 60 month lease; ▪ XX = the then-applicable personal property tax at time of purchase; and ▪ Current benchmark rates can be found at: ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/releases/h15/update/ For any STM Server which supports a single DCS Customer, whether it is single or multi-instance, the calculation above is made per Server, each of which is billed to the applicable DCS Customer. HSC for STM Servers that support multiple DCS Customers are handled as follows:
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Related to HSC Calculation

  • Payment Calculation District shall pay Contractor at a rate of $ per . District shall pay Contractor as described in attached Exhibit A

  • 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.

  • Pro Forma Calculations (a) Notwithstanding anything to the contrary herein, financial ratios, tests and covenants, including the Leverage Ratio and the Fixed Charge Coverage Ratio shall be calculated in the manner prescribed by this Section 1.9. (b) For purposes of calculating any financial ratio, covenant or test, Specified Transactions (with any incurrence or repayment (excluding voluntary repayments) of any Debt in connection therewith to be subject to Section 1.9(c)) that have been made (i) during the applicable measurement period and (ii) subsequent to such period and prior to or simultaneously with the event for which the calculation of any such ratio is made shall be calculated on a pro forma basis assuming that all such Specified Transactions (and any increase or decrease in EBITDA and the component financial definitions used therein attributable to any Specified Transaction) had occurred on the first day of the applicable measurement period. If, since the beginning of any applicable period any Person that subsequently became a Subsidiary or was merged, amalgamated or consolidated with or into Borrower or any of its Subsidiaries since the beginning of such period shall have made any Specified Transaction that would have required adjustment pursuant to this Section 1.9, then such financial ratio or test shall be calculated to give pro forma effect thereto in accordance with this Section 1.9. (c) In the event that Borrower or any Subsidiary incurs (including by assumption or guarantees) or repays (including by redemption, repayment (other than voluntary repayments), retirement or extinguishment) any Debt included in the calculations of any financial ratio, covenant or test (in each case, other than Debt incurred or repaid under any revolving credit facility), (i) during the applicable period or (ii) subsequent to the end of the applicable period and prior to or simultaneously with the event for which the calculation of any such ratio is made, then such financial ratio or test shall be calculated giving pro forma effect to such incurrence or repayment of Debt, to the extent required, as if the same had occurred on the last day of the applicable period.

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

  • 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”).