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: xxxx://xxx.xxxxxxxxxxxxxx.xxx/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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Related to HSC Calculation

  • Payment Calculation District shall pay Contractor at a rate of $ per . OR 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.

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

  • Overtime Calculation For the purpose of overtime calculation only, approved or scheduled time off work will be considered the same as time worked.

  • DATA FOR CALCULATIONS The initial calculations for any payments owing under this Agreement shall be based upon the valuations placed upon the Qualified Property by the Appraisal District in its annual certified appraisal roll submitted to the District pursuant to § 26.01 of the TEXAS TAX CODE in or about July of each year of this Agreement. The certified appraisal roll data shall form the basis from which any and all amounts due under this Agreement are calculated, and the data utilized by the Consultant will be adjusted as necessary to reflect any subsequent adjustments by the Appraisal District to the District’s appraisal roll. Any estimates used by the Consultant to make calculations as required by this Agreement shall be based on the best and most current information available. The Consultant shall from time to time adjust the data utilized to reflect actual amounts, subsequent adjustments by the Appraisal District to the District’s certified appraisal roll, or any other relevant changes to material items such as student counts or tax collections.

  • Overtime Pay Calculation Overtime shall not be claimed or received for less than fifteen (15) minutes. If overtime amounts to fifteen (15) minutes, or more, it shall be paid for the total period.

  • Calculation methodology No adjustment in the Conversion Price need be made unless the adjustment would require an increase or decrease of at least 1% in the Conversion Price then in effect, provided that any adjustment that would otherwise be required to be made shall be carried forward and taken into account in any subsequent adjustment. Except as stated in this Article VI, the Conversion Rate will not be adjusted for the issuance of Common Stock or any securities convertible into or exchangeable for Common Stock or carrying the right to purchase any of the foregoing. Any adjustments that are made shall be carried forward and taken into account in any subsequent adjustment. All calculations under Article V and Section 6.06 hereof and this Section 6.07 shall be made to the nearest cent or to the nearest 1/10,000th of a share, as the case may be.

  • INTEREST CALCULATION COSTS 10.1 As set forth in 31 CFR 205.27, interest calculation costs are defined as those costs necessary for the actual calculation of interest, including the cost of developing and maintaining clearance patterns in support of the interest calculations. Interest calculation costs do not include expenses for normal disbursing services, such as processing of checks or maintaining records for accounting and reconciliation of cash balances, or expenses for upgrading or modernizing accounting systems. Interest calculation costs in excess of $50,000 in any year are not eligible for reimbursement, unless the State provides justification with the annual report.

  • Offense Level Calculations i. The base offense level is 7, pursuant to Guideline § 2B1.1(a)(1).

  • Proration of calculations If less than total program funding is subject to interest calculation procedures, the resulting interest liability calculations shall be prorated to 100% of program funding.

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