Calculation of Amount. The cash, Letter of Credit, or Equity approved Bond Insurance Program surety shall be equal to Contractual Fees for two (2) weeks (for Directors, Choreographers, Fight Directors and Intimacy Directors contracted on a per production basis the security required is the total Contractual Fee) plus an additional percentage equivalent to the percentage total of GST, HST, or QST dependent on the Theatre’s Point of Origin for each Artist engaged by the Theatre.
Calculation of Amount. For purposes of making calculations pursuant to this Section 5.02, the Administrative Agent shall be entitled to use the Dollar Equivalent of any such amounts stated in a currency other than Dollars.
Calculation of Amount. In calculating the amount of the non-Federal commitment under paragraph (1) or (2), the Sec- retary shall include cash, personnel, services, equipment, and other resources.
Calculation of Amount. The required minimum distribution for a calendar year (“distribution calendar year”) equals the Participant’s Vested Account Balance as of the latest valuation date preceding the beginning of the distribution calendar year (such valuation date being within the “valuation calendar year”) divided by the Participant’s life expectancy or, if applicable, the joint and last survivor expectancy of the Participant and his/her designated Beneficiary (as determined under Article VIII, subject to the requirements of Code §401(a)(9)). The Plan Administrator will increase the Participant’s Vested Account Balance, as determined on the relevant valuation date, for contributions or forfeitures allocated after the valuation date and by December 31 of the valuation calendar year, and will decrease the valuation by distributions made after the valuation date and by December 31 of the valuation calendar year. For purposes of this valuation, any portion of the required minimum distribution for the first distribution calendar year made after the close of that year is a distribution occurring in that first distribution calendar year.
Calculation of Amount. In the event that the parties hereto are unable to agree as to the amount of the Gross-Up Payment due to Employee pursuant to this Section 4, the parties hereto hereby agree that the amount of the Gross-Up Payment shall be determined by the independent accounting firm then serving as the Company's auditors at the Company's expense.
Calculation of Amount. In the event that the parties hereto are unable to agree as to the amount of the Gross-Up Payment due to Xx. Xxxxxx pursuant to this Section 3, the parties hereto hereby agree that the amount of the Gross-Up Payment shall be determined by the independent accounting firm then serving as the Company’s auditors at the Company’s expense.
Calculation of Amount. The calculation of the grant amount was based on the sum of two categories: (Category 1) lost revenues and (Category 2) reimbursement of money spent before Application Date on COVID expenditures (both goods and services). Under the Program Rules, the maximum grant amount that may be awarded is fifty thousand and no/100 dollars ($50,000). The CARES Act prohibits the award from exceeding the loss experienced by the Business.
Calculation of Amount. Where an employee's entitlement to allowances under Clause 25 is calculated on an hourly basis, the amount shall be calculated as follows:
Calculation of Amount. The calculation of the grant amount was based on the higher of
Calculation of Amount. Subject to the terms and conditions of this Agreement, and in reliance on the concurrent execution of the Loan Agreement and issuance of the Notes, the Company hereby agrees to pay to each of the Lenders, in cash, on a pro rata basis based on their proportionate share of the aggregate funded principal amount outstanding under the Notes (which shall only include the amounts actually funded by the Lenders to the Company and shall exclude, without limitation, any interest under the Notes, any interest paid in kind that might otherwise be deemed principal and any unpaid Participation Payments) (the “Aggregate Principal”), an amount equal to 1.5% of all Company revenue generated during each monthly period (each, a “Calculation Period”) per each $500,000 of Aggregate Principal outstanding, pro rated for any amount in excess of $500,000 then outstanding (the “Participation Payments”), by the 10th day of each month following a Calculation Period (each, a “Payment Date”). Company revenue shall be calculated consistently with the Company’s regularly prepared financial statements, and shall reflect all revenue calculated in accordance with generally accepted accounting principles, consistently applied.
