Calculation Notice definition

Calculation Notice. As defined in Section 4.03.

Calculation Notice means the notice sent to the Certificate Holder by the Issuer specifying a Payment Amount, if any, for a given Payment Date;

Calculation Notice shall have the meaning set forth in Section 4.7.

Examples of Calculation Notice in a sentence

• In the event that the proceeds of the transaction giving rise to the obligation to pay Net Proceeds Share are comprised, in whole or in part, of assets other than cash, then the cash payment of the Net Proceeds Share shall reflect the fair market value of such non-cash assets as of the date of the Change of Ownership, which shall be set forth in the Calculation Notice.

• As an example, the IPA Deferred Payment Calculation Notice issued by IPA on February 25, 2022 indicates a positive ABP Deferral Percentage value for the month of March 2022.

• Each Calculation Notice shall contain such detail as may be reasonably requested by County to verify the calculation of the Net Proceeds Share.

• Any Payment Amounts and/or an Early Redemption Amount payable shall be paid by the Issuer to the account of the Certificate Holder denominated in pounds sterling as notified by the relevant Certificate Holder to the Issuer or pursuant to a Calculation Notice subsequently given to the Issuer by the Certificate Holder no later than four(4) Business Days prior to the relevant Payment Date, as applicable.

• The Calculation Notice shall specify (i) the Indemnification Claim Amount, the Elop Claim Amount or the OCS Claim Amount; (ii) the Fair Market Value of Escrow Property on a per share basis; and (iii) and the exact number of shares of Escrow Shares and the amount of other Escrow Property (if any) to be released from the escrow.

More Definitions of Calculation Notice

Calculation Notice has the meaning set forth in Section 3.5(a).

Calculation Notice has the meaning set forth in Section 2.12(a).

Calculation Notice means the written notice of the Company, in the form of Exhibit B hereto, which is delivered to the Investor on a Closing Date, specifying the Investment Amount as determined pursuant to Section 2.1 hereof and number of Put Shares issuable to the Investor at such Closing.

Calculation Notice shall have the meaning set forth in Section 2.12(b).

Calculation Notice shall have the meaning set forth in Section 2.2(f)(i).

Calculation Notice shall have the meaning set forth in Section

Calculation Notice has the meaning given in Clause 5.8;