Common use of Rounding Clause in Contracts

Rounding. Any financial ratios required to be maintained or complied with by any Loan Party pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan Agreement) shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-up if there is no nearest number).

Appears in 10 contracts

Sources: Loan Agreement (Mimedx Group, Inc.), Loan Agreement (Mimedx Group, Inc.), Loan Agreement (Spark Networks SE)

Rounding. Any financial ratios required to be maintained or complied with by any the Loan Party Parties pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan Agreement) shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-rounding up if there is no nearest number).

Appears in 6 contracts

Sources: Credit Agreement (CorePoint Lodging Inc.), Credit Agreement (CorePoint Lodging Inc.), Credit Agreement (Americold Realty Trust)

Rounding. Any financial ratios required to be maintained or complied with by any Loan Party pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan Agreement) shall be calculated by dividing the appropriate component by the other component, carrying the result to one place two places more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-up if there is no nearest number).

Appears in 5 contracts

Sources: Term Loan Credit Agreement, Term Loan Credit Agreement, Unsecured Term Loan Agreement

Rounding. Any financial ratios required to be maintained or complied with by any the Loan Party Parties pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan Agreement) shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-rounding up if there is no nearest number).

Appears in 5 contracts

Sources: Credit Agreement (Sears Hometown & Outlet Stores, Inc.), Term Loan Credit Agreement (Sears Hometown & Outlet Stores, Inc.), Term Loan Credit Agreement

Rounding. Any financial ratios required to be maintained or complied with by any the Loan Party Parties pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan Agreement) shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-up if there is no nearest number).

Appears in 4 contracts

Sources: Credit Agreement (Pier 1 Imports Inc/De), Credit Agreement (Pier 1 Imports Inc/De), Credit Agreement (Pier 1 Imports Inc/De)

Rounding. Any financial ratios ratio as required to be maintained or complied with by any Loan Party pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan Agreement) shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-rounding up if there is no nearest number).

Appears in 3 contracts

Sources: Construction Loan Agreement (Stratus Properties Inc), Franchise Financing Agreement (Rent a Center Inc De), Loan Agreement (Omega Protein Corp)

Rounding. Any financial ratios required to be maintained or complied with by any Loan Credit Party pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan Agreement) shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-up if there is no nearest number).

Appears in 3 contracts

Sources: Credit Agreement (Atlassian Corp), Credit Agreement (Atlassian Corp), Credit Agreement (Atlassian Corp PLC)

Rounding. Any financial ratios required to be maintained or complied with by any the Loan Party Parties pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan Agreement) shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio or percentage is expressed herein in this Agreement and rounding the result up or down to the nearest number (with a rounding-up if there is no nearest number).

Appears in 2 contracts

Sources: Credit Agreement (Geospace Technologies Corp), Credit Agreement (Geospace Technologies Corp)

Rounding. Any financial ratios required to be maintained or complied with by any the Loan Party Parties pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan Agreement) shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein DB1/ 136748921.1136748921.3 -68- and rounding the result up or down to the nearest number (with a rounding-up if there is no nearest number).

Appears in 1 contract

Sources: Credit Agreement (Torrid Holdings Inc.)

Rounding. Any financial ratios required to be maintained or complied with by any the Loan Party Parties pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan Agreement) shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-up if there is no nearest number).place

Appears in 1 contract

Sources: Credit Agreement (Ciner Resources LP)

Rounding. Any financial ratios required to be maintained or complied with by any the Loan Party Parties pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan Agreement) shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-up if there is no nearest number).. DB1/ 124773100.6 -62-

Appears in 1 contract

Sources: Credit Agreement (Destination Xl Group, Inc.)

Rounding. Any financial ratios required to be maintained or complied with by any the Loan Party Parties pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan Agreement) shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-rounding - up if there is no nearest number)) . Section 1 . 05 .

Appears in 1 contract

Sources: Loan Agreement (Red White & Bloom Brands Inc.)

Rounding. Any financial ratios required to be maintained or complied with by any Loan Party pursuant to this Agreement or any other Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan Agreement) Document shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-up if there is no nearest number).

Appears in 1 contract

Sources: Credit Agreement (Del Monte Foods Co)

Rounding. Any financial ratios required to be maintained or complied with by any Loan Party pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan Agreement) shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-up if there is no nearest number).. 51167637.4

Appears in 1 contract

Sources: Credit Agreement (CRH Medical Corp)

Rounding. Any financial ratios required to be maintained or complied with by any the Loan Party Parties pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan Agreement) shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-up if there is no nearest number).. DB1/ 97390493.6

Appears in 1 contract

Sources: Credit Agreement (Destination Xl Group, Inc.)

Rounding. Any financial ratios required to be maintained or complied with by any the Loan Party Parties pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan Agreement) shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio or percentage is expressed herein in this Agreement and rounding the result up or down to the nearest number (with a rounding-rounding­ up if there is no nearest number).

Appears in 1 contract

Sources: Credit Agreement (Gulf Island Fabrication Inc)

Rounding. Any financial ratios required to be maintained or complied with by any Loan a Credit Party pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan Agreement) shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-up if there is no nearest number).

Appears in 1 contract

Sources: Loan Agreement (Regional Health Properties, Inc)

Rounding. Any financial ratios required to be maintained or complied with by any Loan Party pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan Agreement) shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-up if there is no nearest number).expressed

Appears in 1 contract

Sources: Credit Agreement (Usa Technologies Inc)

Rounding. Any financial ratios required to be maintained or complied with by any Loan Party pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan Agreement) shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-up if there is no nearest number).

Appears in 1 contract

Sources: Credit Agreement (SANUWAVE Health, Inc.)

Rounding. Any financial ratios required to be maintained by the Borrower or complied with by any other Loan Party pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan Agreement) shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-up if there is no nearest number).

Appears in 1 contract

Sources: Five Year Credit Agreement (Principal Financial Group Inc)

Rounding. Any financial ratios required to be maintained or complied with by any Loan Party pursuant to this Loan Agreement (or required to be satisfied in order for a specific action to be permitted under this Loan Agreement) shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-up if there is no nearest numberfor fractions with values equal to or greater than 0.5).

Appears in 1 contract

Sources: Credit Agreement (Scotts Liquid Gold Inc)