{"component": "clause", "props": {"groups": [{"samples": [{"hash": "cK7GRpA2QSU", "uri": "/contracts/cK7GRpA2QSU#interpolation", "label": "Water Supply Agreement", "score": 33.8139228821, "published": true}, {"hash": "kQirHJrpJEZ", "uri": "/contracts/kQirHJrpJEZ#interpolation", "label": "Design Build Contract", "score": 33.2667388916, "published": true}, {"hash": "3OJbnHkP1N", "uri": "/contracts/3OJbnHkP1N#interpolation", "label": "Wastewater Treatment System Operations, Maintenance, and Management Services Agreement", "score": 32.9605751038, "published": true}], "snippet": "If any calculation hereunder is to be made by reference to a chart or table of values, and the reference calculation falls between two stated values, the calculation shall be made on the basis of linear interpolation.", "snippet_links": [{"key": "reference-to-a", "type": "definition", "offset": [46, 60]}, {"key": "table-of-values", "type": "clause", "offset": [70, 85]}, {"key": "stated-values", "type": "definition", "offset": [135, 148]}, {"key": "basis-of", "type": "clause", "offset": [187, 195]}, {"key": "linear-interpolation", "type": "definition", "offset": [196, 216]}], "size": 21, "hash": "cf82f94d3e3071086bb5fab9ae48fe3f", "id": 1}, {"samples": [{"hash": "89RtDdqzGEO", "uri": "/contracts/89RtDdqzGEO#interpolation", "label": "Cash Incentive Award Agreement (Surgical Care Affiliates, Inc.)", "score": 28.2032852173, "published": true}, {"hash": "ghAYIRELC4q", "uri": "/contracts/ghAYIRELC4q#interpolation", "label": "Cash Incentive Award Agreement (Surgical Care Affiliates, Inc.)", "score": 27.3353862762, "published": true}, {"hash": "c8BXtIQR8kC", "uri": "/contracts/c8BXtIQR8kC#interpolation", "label": "Performance Share Award Agreement (Surgical Care Affiliates, Inc.)", "score": 27.3353862762, "published": true}], "snippet": "The Company will interpolate between the threshold, target and maximum goals.", "snippet_links": [{"key": "the-company-will", "type": "clause", "offset": [0, 16]}], "size": 5, "hash": "95a107c88522472744f2ded348a3e316", "id": 7}, {"samples": [{"hash": "1BXVlxonZf3", "uri": "/contracts/1BXVlxonZf3#interpolation", "label": "Credit Agreement (Liberty Global PLC)", "score": 26.4209442139, "published": true}, {"hash": "eWvyr9G0TaF", "uri": "/contracts/eWvyr9G0TaF#interpolation", "label": "Telenet Additional Facility Z Accession Agreement (Liberty Global PLC)", "score": 26.3607120514, "published": true}, {"hash": "ci3ycsVZEWv", "uri": "/contracts/ci3ycsVZEWv#interpolation", "label": "Telenet Additional Facility Aa Accession Agreement (Liberty Global PLC)", "score": 26.3607120514, "published": true}], "snippet": "amend the Credit Agreement to provide for an interpolated screen rate in line with European leverage loan precedents and recent Liberty precedents and amend the definitions of EURIBOR and LIBOR accordingly.", "snippet_links": [{"key": "provide-for", "type": "definition", "offset": [30, 41]}, {"key": "interpolated-screen-rate", "type": "definition", "offset": [45, 69]}, {"key": "leverage-loan", "type": "definition", "offset": [92, 105]}, {"key": "the-definitions-of", "type": "definition", "offset": [157, 175]}], "size": 10, "hash": "032a4cf167f3ea245d1109a74e006142", "id": 2}, {"samples": [{"hash": "k9Q5VZ2B9LS", "uri": "/contracts/k9Q5VZ2B9LS#interpolation", "label": "Software License Agreement", "score": 21.0, "published": true}, {"hash": "5YzP9mgQHNU", "uri": "/contracts/5YzP9mgQHNU#interpolation", "label": "Software License Agreement", "score": 19.0, "published": true}], "snippet": "Commutation entre l\u2019interpolation \u00ab Standard \u00bb et l\u2019interpolation de haute qualit\u00e9 \u00ab Anti-Aliased \u00bb. Lors de l\u2019activation, le meilleur contraste possible est choisi pour l\u2019image pr\u00e9sente. Ici, vous pouvez s\u00e9lectionner le mod\u00e8le pr\u00e9fer\u00e9 pour corri- ger les d\u00e9viations de couleurs du scanner. Le choix est entre \u00ab Aucun \u00bb, \u00ab utiliser un profil \u00e0 plat incorpor\u00e9 \u00bb et \u00ab ColorSync \u00bb. Ici, l\u2019ajustement de l\u2019espace couleurim\u00e9trique interne de SilverFast sur le moniteur actuel est d\u00e9fini. \u00ab Rien \u00bb est \u00e0 utili- ser quand vous ne d\u00e9sirez aucun ajustement. \u00ab Auto- matique \u00bb est pour Photoshop (v\u00e9rifiez bien que le profil interne ICC r\u00e9gl\u00e9 dans SilverFast est le m\u00eame que celui allou\u00e9 dand l\u2019espace de couleur interne \u00e0 Photoshop). \u00ab ColorSync \u00bb est pour les applications qui ne fournissent pas d\u2019ajustement alors que l\u2019utilisateur d\u00e9sire ajuster les couleurs. Vous pouvez ici choisir le syst\u00e8me pr\u00e9fer\u00e9 pour d\u00e9finir l\u2019espace de couleur en sortie. S\u00e9lectionnez \u00ab RVB \u00bb pour ne pas avoir d\u2019ajustement en sortie, \u00ab ColorSync \u00bb si vous souhaitez que ColorSync ajuste les donn\u00e9es de sortie, \u00ab Cie-LAB \u00bb si vous voulez g\u00e9n\u00e9rer un dispositif ind\u00e9pendant d\u2019espace colorim\u00e9trique, \u00ab P&P CMJN \u00bb *2, 3, 4 pour la puissance de s\u00e9paration *2, 3, de SilverFast de CMJN avec un ajustement Photoshop. Profil ColorSync / ICM pour le p\u00e9riph\u00e9rique d\u2019introduction des donn\u00e9es, par exemple votre cam\u00e9ra. Profil ColorSync / ICM pour l\u2019espace couleurim\u00e9trique interne. Profil ColorSync / ICM pour l\u2019imprimante. Cette option permet de transmettre des donn\u00e9es images \u00e0 une application, qui entre- prend un \u00e9quilibrage automatique avec un profil ICC incorpor\u00e9. Si un fichier TIFF est g\u00e9n\u00e9r\u00e9 par SilverFast, le profil ICC peut \u00eatre enregistr\u00e9 \u00e0 l\u2019int\u00e9rieur des donn\u00e9es TIFF. Le profil ICC Plug & Play CMJN peuvent \u00eatre choisis ici. Lors de l\u2019optimisation des mod\u00e8les, le choix d\u2019une bonne proc\u00e9dure est d\u00e9terminant pour obtenir de bons r\u00e9sultats concernant la qualit\u00e9 de l\u2019image.", "snippet_links": [], "size": 6, "hash": "891d117573a496e07a33831ab935bd56", "id": 5}, {"samples": [{"hash": "jTH1ZPPGi4D", "uri": "/contracts/jTH1ZPPGi4D#interpolation", "label": "Restricted Stock Unit Agreement", "score": 31.3408622742, "published": true}, {"hash": "f5w1x0UCkN6", "uri": "/contracts/f5w1x0UCkN6#interpolation", "label": "Restricted Stock Unit Agreement (Actavis PLC)", "score": 26.3552360535, "published": true}, {"hash": "kdTErfIngP8", "uri": "/contracts/kdTErfIngP8#interpolation", "label": "Employee Stock Unit Agreement (Actavis PLC)", "score": 25.591375351, "published": true}], "snippet": "If the Adjusted Share Price on the measurement date as set forth on Exhibit A is between the Threshold and the Half-Target, the Half-Target and Target, the Target and the Double Target, or the Double Target and the Triple Target Maximum, the Performance Multiple applicable to the Stock Units shall be the number that is the mathematical linear interpolation between the Performance Multiple applicable at the defined ends of the applicable spectrum.", "snippet_links": [{"key": "adjusted-share-price", "type": "definition", "offset": [7, 27]}, {"key": "measurement-date", "type": "clause", "offset": [35, 51]}, {"key": "exhibit-a", "type": "definition", "offset": [68, 77]}, {"key": "the-target", "type": "clause", "offset": [152, 162]}, {"key": "performance-multiple", "type": "clause", "offset": [242, 262]}, {"key": "applicable-to", "type": "definition", "offset": [263, 276]}, {"key": "stock-units", "type": "definition", "offset": [281, 292]}, {"key": "linear-interpolation", "type": "definition", "offset": [338, 358]}, {"key": "the-defined", "type": "clause", "offset": [406, 417]}, {"key": "the-applicable", "type": "clause", "offset": [426, 440]}], "size": 8, "hash": "42b500c9a0d0b1dc183e069fa8433bca", "id": 3}, {"samples": [{"hash": "9uSLGxVfEy0", "uri": "/contracts/9uSLGxVfEy0#interpolation", "label": "Performance Unit Agreement (Trustmark Corp)", "score": 37.1451072693, "published": true}, {"hash": "h4kxep1CH3i", "uri": "/contracts/h4kxep1CH3i#interpolation", "label": "Performance Unit Agreement (Trustmark Corp)", "score": 35.3463363647, "published": true}, {"hash": "gj6hioJcfJg", "uri": "/contracts/gj6hioJcfJg#interpolation", "label": "Performance Unit Agreement (Trustmark Corp)", "score": 35.1218338013, "published": true}], "snippet": "If Trustmark\u2019s performance or ranking, as applicable, is above the threshold (<<%>> of Target for ROATCE or above <<rank>> percentile for TSR), but less than the maximum (<<%>> of Target for ROATCE or <<rank>> percentile for TSR), then the vesting percentage shall be determined by straight line interpolation (rounded, where not otherwise resulting in a whole or half percent, to the next lowest whole or half percent) where the performance or ranking falls between identified tiers (for example, if the TSR ranking is in the <<rank>> percentile, then the vesting percentage is <<%>>).", "snippet_links": [{"key": "vesting-percentage", "type": "clause", "offset": [240, 258]}, {"key": "the-performance", "type": "clause", "offset": [426, 441]}, {"key": "for-example", "type": "clause", "offset": [485, 496]}, {"key": "tsr-ranking", "type": "definition", "offset": [505, 516]}], "size": 4, "hash": "9d102b0de1463298b298bb856555924a", "id": 9}, {"samples": [{"hash": "19Q2Y1Vb5IS", "uri": "/contracts/19Q2Y1Vb5IS#interpolation", "label": "Restricted Stock Unit Agreement (Equity Commonwealth)", "score": 33.1163597107, "published": true}, {"hash": "dUrQSXJfu9a", "uri": "/contracts/dUrQSXJfu9a#interpolation", "label": "Restricted Stock Unit Agreement (Equity Commonwealth)", "score": 27.1232032776, "published": true}, {"hash": "5afQNwsvx97", "uri": "/contracts/5afQNwsvx97#interpolation", "label": "Restricted Stock Unit Agreement (Equity Commonwealth)", "score": 27.1232032776, "published": true}], "snippet": "To the extent performance falls between two levels in the table above, linear interpolation shall apply in determining the percentage of the RSUs that are earned.", "snippet_links": [{"key": "to-the-extent", "type": "clause", "offset": [0, 13]}, {"key": "linear-interpolation", "type": "definition", "offset": [71, 91]}, {"key": "the-percentage", "type": "definition", "offset": [119, 133]}], "size": 7, "hash": "5e18f90c663cdf244f8d68cb3b75b1bd", "id": 4}, {"samples": [{"hash": "1p4QMNzOxHJ", "uri": "/contracts/1p4QMNzOxHJ#interpolation", "label": "Performance Based Ltip Unit Agreement (Equity Commonwealth)", "score": 33.1163597107, "published": true}, {"hash": "ksSyxTWGnlo", "uri": "/contracts/ksSyxTWGnlo#interpolation", "label": "Performance Based Ltip Unit Agreement (Equity Commonwealth)", "score": 27.1232032776, "published": true}, {"hash": "7nWGp6VNZ9q", "uri": "/contracts/7nWGp6VNZ9q#interpolation", "label": "Performance Based Ltip Unit Agreement (Equity Commonwealth)", "score": 27.1232032776, "published": true}], "snippet": "To the extent performance falls between two levels in the table above, linear interpolation shall apply in determining the percentage of the Performance-Based LTIP Units that are earned.", "snippet_links": [{"key": "to-the-extent", "type": "clause", "offset": [0, 13]}, {"key": "linear-interpolation", "type": "definition", "offset": [71, 91]}, {"key": "the-percentage", "type": "definition", "offset": [119, 133]}, {"key": "the-performance", "type": "clause", "offset": [137, 152]}, {"key": "ltip-units", "type": "definition", "offset": [159, 169]}], "size": 5, "hash": "16295d869c76a606273b2dcfc49dddf6", "id": 6}, {"samples": [{"hash": "lRD5WpzQcDT", "uri": "/contracts/lRD5WpzQcDT#interpolation", "label": "Stock Settled Performance Share Unit Award Agreement (Tenneco Inc)", "score": 32.5920600891, "published": true}, {"hash": "26yINzcG45Y", "uri": "/contracts/26yINzcG45Y#interpolation", "label": "Performance Share Unit Award Agreement (Tenneco Inc)", "score": 32.5920600891, "published": true}, {"hash": "eTrEZctkM5D", "uri": "/contracts/eTrEZctkM5D#interpolation", "label": "Performance Share Unit Award Agreement (Tenneco Inc)", "score": 32.1485290527, "published": true}], "snippet": "Interpolation shall be used to determine the EBITDA Vesting Percentage and Net Leverage Ratio Vesting Percentage, as applicable, in the event the Cumulative EBITDA Ratio Target and/or Net Leverage Ratio Target, as applicable, does not fall directly on one of the ranks or targets, as applicable, listed in the above charts.", "snippet_links": [{"key": "determine-the", "type": "clause", "offset": [31, 44]}, {"key": "vesting-percentage", "type": "clause", "offset": [52, 70]}, {"key": "net-leverage-ratio", "type": "definition", "offset": [75, 93]}, {"key": "ebitda-ratio", "type": "definition", "offset": [157, 169]}], "size": 3, "hash": "d1817fc350d0b330fdfcc28df6b82e36", "id": 10}, {"samples": [{"hash": "aVvn94uQCWu", "uri": "/contracts/aVvn94uQCWu#interpolation", "label": "Performance Share Agreement (Chipotle Mexican Grill Inc)", "score": 32.3237495422, "published": true}, {"hash": "9LhaSYExi1I", "uri": "/contracts/9LhaSYExi1I#interpolation", "label": "Performance Share Agreement (Chipotle Mexican Grill Inc)", "score": 32.3237495422, "published": true}, {"hash": "5js3L3Vb5Yj", "uri": "/contracts/5js3L3Vb5Yj#interpolation", "label": "Performance Share Agreement (Chipotle Mexican Grill Inc)", "score": 29.257358551, "published": true}], "snippet": "The following rules shall be used to determine the Payout Percentage when the level of performance for either 3 Year CRS Growth, 2 Year Average RCF Margin or both falls between two stated performance levels in the Performance Goal Table:", "snippet_links": [{"key": "determine-the", "type": "clause", "offset": [37, 50]}, {"key": "payout-percentage", "type": "definition", "offset": [51, 68]}, {"key": "level-of-performance", "type": "definition", "offset": [78, 98]}, {"key": "year-average-rcf-margin", "type": "clause", "offset": [131, 154]}, {"key": "performance-levels", "type": "clause", "offset": [188, 206]}, {"key": "performance-goal", "type": "clause", "offset": [214, 230]}], "size": 5, "hash": "1d16cd7f26d4ff72043473f11302acd0", "id": 8}], "next_curs": "ClYSUGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjILEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhZpbnRlcnBvbGF0aW9uIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"parents": [["performance-share-units", "Performance Share Units"], ["interpretation", "INTERPRETATION"], ["definitions-and-interpretation", "Definitions and Interpretation"], ["performance-metrics-and-schedule", "Performance Metrics and Schedule"], ["determination-of-amount-of-award", "Determination of Amount of Award"]], "title": "Interpolation", "children": [["change-in-control", "Change in Control"], ["", ""], ["death", "\u2013 Death"], ["administration", "Administration"], ["adjustments-for-changes-in-capital-structure", "Adjustments for Changes in Capital Structure"]], "size": 146, "id": "interpolation", "related": [["linear-interpolation", "Linear Interpolation", "Linear <strong>Interpolation</strong>"], ["points", "Points", "Points"], ["salary-rates", "SALARY RATES", "SALARY RATES"], ["measurements-and-arithmetic-conventions", "Measurements and arithmetic conventions", "Measurements and arithmetic conventions"], ["shift-differentials", "Shift Differentials", "Shift Differentials"]], "related_snippets": [], "updated": "2026-05-10T05:39:37+00:00", "also_ask": ["What are the essential elements that must be included in an effective interpolation clause?", "How can interpolation clauses be strategically negotiated to minimize exposure to market fluctuations?", "What are the most common legal pitfalls or ambiguities in interpolation clauses that could render them unenforceable?", "How do courts in key jurisdictions interpret and enforce interpolation clauses in the event of a dispute?", "How does the drafting of interpolation clauses differ across various financial instruments or industry standards?"], "drafting_tip": "Define interpolation methods precisely to prevent disputes; specify applicable circumstances to ensure clarity; require mutual agreement on data sources to maintain fairness.", "explanation": "The Interpolation clause defines how missing or undefined values, rates, or data points within a contract are to be calculated or estimated. Typically, this clause specifies a method\u2014such as linear interpolation\u2014to determine values that fall between two known reference points, ensuring continuity and predictability in calculations like interest rates or pricing. Its core practical function is to prevent disputes and ambiguity by providing a clear, agreed-upon process for filling informational gaps, thereby ensuring smooth contract performance even when exact data is unavailable."}, "json": true, "cursor": ""}}