Common use of Roundings Clause in Contracts

Roundings. The Labor Index average and the Material Index average shall be computed to the first decimal. If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure. Each quotient (*****) and (*****) shall be rounded to the nearest ten-thousandth (4 decimals). If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure. The final factor shall be rounded to the nearest ten-thousandth (4 decimals). The final price shall be rounded to the nearest whole number (0.5 or more rounded to 1).

Appears in 5 contracts

Samples: A321 Aircraft Purchase Agreement (Frontier Group Holdings, Inc.), Purchase Agreement (Frontier Group Holdings, Inc.), A321 Aircraft Purchase Agreement (Frontier Group Holdings, Inc.)

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Roundings. The Labor Index average and the Material Index average shall be computed to the first decimal. If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure. Each quotient (*****) and (*****) shall be rounded to the nearest ten-thousandth (4 decimals). If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure. The final factor shall be rounded to the nearest ten-thousandth (4 decimals). The final price shall be rounded to the nearest whole number (0.5 or more rounded to 1).

Appears in 4 contracts

Samples: A320 Purchase Agreement (Jetblue Airways Corp), Letter Agreement (KLM Royal Dutch Airlines), Airbus Purchase Agreement (Gatx Capital Corp)

Roundings. The Labor Index average and the Material Index average shall will be computed to the first decimal. If the next succeeding place is five (5) or more, the preceding decimal place shall will be raised to the next higher figure. Each quotient (*****) quotient, ECIn/ECIb and (*****) shall ICn/ICb, will be rounded to the nearest ten-thousandth (4 decimals). If the next succeeding place is five (5) or more, the preceding decimal place shall will be raised to the next higher figure. The final factor shall will be rounded to the nearest ten-thousandth (4 decimals). The final price shall will be rounded to the nearest whole number (0.5 or more rounded to 1).

Appears in 3 contracts

Samples: Letter Agreement (American Airlines Inc), Letter Agreement (Amr Corp), Letter Agreement (American Airlines, Inc.)

Roundings. The Labor Index average and the Material Index average shall will be computed to the first decimal. If the next succeeding place is five (5) or more, the preceding decimal place shall will be raised to the next higher figure. Each quotient (*****) and (*****) shall will be rounded to the nearest ten-thousandth (4 decimals). If the next succeeding place is five (5) or more, the preceding decimal place shall will be raised to the next higher figure. The final factor shall will be rounded to the nearest ten-thousandth (4 decimals). The final price shall will be rounded to the nearest whole number (0.5 or more rounded to 1).

Appears in 3 contracts

Samples: Family Purchase Agreement (Spirit Airlines, Inc.), Letter Agreement (Spirit Airlines, Inc.), Family Purchase Agreement (Spirit Airlines, Inc.)

Roundings. The Labor Index average and the Material Index average shall be computed to the first decimal. If the next succeeding place decimal is five (5) or more, the preceding decimal place shall be raised rounded to the next higher figure. Each quotient (*****) and (*****) shall be rounded to the nearest ten-thousandth fourth (4 decimals)4th) decimal place. If the next succeeding place decimal is five (5) or more, the preceding decimal place shall be raised rounded to the next higher figure. The final factor revision coefficient shall be rounded to the nearest ten-thousandth fourth (4 decimals)4th) decimal place. The final price Pn shall be rounded to the nearest whole number (0.5 or more rounded up to 1).

Appears in 2 contracts

Samples: Purchase Agreement (Air France /Fi), Purchase Agreement (Air France /Fi)

Roundings. The Labor Index average average, the Material Index average, and the Material Metal Index average shall be computed to the first decimal. If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure. Each quotient (*****ECIn/ECIb), (ICn/ICb) and (*****C10n/C10b) shall be rounded to the nearest ten-thousandth (4 decimals). If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure. The final factor shall be rounded to the nearest ten-thousandth (4 decimals). The final price shall be rounded to the nearest whole number (0.5 or more rounded to 1).

Appears in 2 contracts

Samples: Family Purchase Agreement (Spirit Airlines, Inc.), Letter Agreement (Spirit Airlines, Inc.)

Roundings. The Labor Index average and the Material Index average shall will be computed to the first decimal. If the next succeeding place is five (5) or more, the preceding decimal place shall will be raised to the next higher figure. Each quotient ([*] and [****) and (*****) shall ] will be rounded to the nearest ten-thousandth (4 decimals). If the next succeeding place is five (5) or more, the preceding decimal place shall will be raised to the next higher figure. The final factor shall [*] will be rounded to the nearest ten-thousandth (4 decimals). The final price shall will be rounded to the nearest whole number (0.5 or more rounded to 1).

Appears in 1 contract

Samples: Letter Agreement (Air Lease Corp)

Roundings. The Labor Index average and the Material Index average shall be computed to the first decimal. If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure. Each quotient (*****ECIn/ECIb) and (*****ICn/ICb) shall be rounded to the nearest ten-thousandth (4 decimals). If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure. The final factor shall be rounded to the nearest ten-thousandth (4 decimals). The final price shall be rounded to the nearest whole number (0.5 or more rounded to 1). ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission.

Appears in 1 contract

Samples: Letter Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)

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Roundings. The Labor Index average and the Material Index average shall be computed to the first decimal. If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure. Each quotient (*****) and (*****) shall be rounded to the nearest ten-thousandth (4 decimals). If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure. The final factor shall be rounded to the nearest ten-thousandth (4 decimals). The final price shall be rounded to the nearest whole number (0.5 or more rounded to 1). ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission.

Appears in 1 contract

Samples: Letter Agreement (Virgin America Inc.)

Roundings. The Labor Index average and the Material Index average shall will be computed to the first decimal. If the next succeeding place is five (5) or more, the preceding decimal place shall will be raised to the next higher figure. Each quotient (*****) and (*****) shall be rounded to the nearest ten-thousandth (4 decimals). If the next succeeding place is five (5) or more, the preceding decimal place shall will be raised to the next higher figure. The final factor shall will be rounded to the nearest ten-thousandth (4 decimals). The final price shall will be rounded to the nearest whole number (0.5 or more rounded to 1).

Appears in 1 contract

Samples: Letter Agreement (Virgin America Inc.)

Roundings. The Labor Index average and the Material Index average shall be computed to the first decimal. If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure. Each quotient ([*****) and (*****) ] shall be rounded to the nearest ten-thousandth (4 decimals). If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure. The final factor shall be rounded to the nearest ten-thousandth (4 decimals). [***] The final price shall be rounded to the nearest whole number (0.5 or more rounded to 1).

Appears in 1 contract

Samples: Letter Agreement (Avianca Holdings S.A.)

Roundings. The Labor Index average, the Material Index average and the Material Metal Index average shall be computed to the first decimal. If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure. Each quotient (*****) and (*****) * shall be rounded to the nearest ten-thousandth (4 decimals). If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure. The final factor shall be rounded to the nearest ten-thousandth (4 decimals). The final price shall be rounded to the nearest whole number (0.5 or more rounded to 1).

Appears in 1 contract

Samples: Letter Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)

Roundings. The Labor Index average and the Material Index average shall will be computed to the first decimal. If the next succeeding place is five (5) or more, the preceding decimal place shall will be raised to the next higher figure. Each quotient (*****) and (*****) shall be rounded to the nearest ten-thousandth (4 decimals). If the next succeeding place is five (5) or more, the preceding decimal place shall will be raised to the next higher figure. The final factor shall will be rounded to the nearest ten-thousandth (4 decimals). 164 SELLER PRICE REVISION FORMULA The final price shall will be rounded to the nearest whole number (0.5 or more rounded to 1).

Appears in 1 contract

Samples: Letter Agreement (Flyi Inc)

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