Examples of First Calculation Date in a sentence
The contractor can decide how they wish to implement the site diary and there are different approaches that are commonly used.
We assume a static rate for EONIA of 2.8500% for the additional 12 month period:First Day of the Second Calculation period (being the day after the Date (last day First Calculation Date) of period)Gross Asset Value €100.20 €105.10 In this example, the Weighted Average Notional Shares in Issue is 5,000,000 for the period.1. The High Water Mark (carried forward from the first calculation period) is €100.00 2.
Such interest rates shall apply to an amount equal to the First Calculation Amount minus any payments of Owed Amounts as of the First Calculation Date made by the Company to Employee between the First Calculation Date and January 31, 2016.
In the event that less than the First Calculation Amount is paid by the Company to Employee between the First Calculation Date and the First Payment Date, then the Company shall pay a late fee penalty to Employee and such penalty shall be in the form of: (a) interest at a rate of six percent (6%) per annum for the first three (3) months after the First Payment Date; and (b) interest at a rate of nine percent (9%) per annum for the next four (4) months.
At the Second Calculation Date, if a payment has been made at the First Calculation Date under either element, the hurdle for that element at the Second Calculation Date will be re-set to be based on the prevailing EPRA NAV per Ordinary Share/share price as at the First Calculation Date (as applicable).