Common use of REVISION FORMULA Clause in Contracts

REVISION FORMULA. In determining the revised Reference Price, ECIn and ICn shall be calculated to the nearest tenth (1 decimal). Each quotient ***** (4 decimals). ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. If the next succeeding place is five (5) or more the preceding decimal place shall be raised to the next higher figure. After final computation Pn shall be rounded to the nearest whole number (0.5 rounds to 1)

Appears in 2 contracts

Sources: Purchase Agreement (Spirit Airlines, Inc.), Purchase Agreement (Spirit Airlines, Inc.)

REVISION FORMULA. [***] In determining the revised Reference Price, ECIn and ICn shall be calculated to the nearest tenth (1 decimal). Each quotient [***** ] (4 decimals). ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. If the next succeeding place is five (5) or more the preceding decimal place shall be raised to the next higher figure. After final computation Pn shall be rounded to the nearest whole number (0.5 rounds to 1)

Appears in 1 contract

Sources: Purchase Agreement (Spirit Airlines, Inc.)