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Default Formula not evaluating immediately

I have the following formula in my procedu

=IF(ISNUMBER(SEARCH(Z$1,FORMULATEXT(INDIRECT("'["&$G3&"]Summary
(A)'!$I$11",TRUE)),1)),"YES","NO")

G3 is a workbook name like Workbook.xls. When the procedure executes, the
result is displayed as "NO" in the sheet. If I then go back and press ENTER
on the field, it changes to YES. The procedure has a CALCULATE statement in
it just in case I've got manual calculation set on my system. I actually
have it set to automatic right now. I have a similar formula in other cells
that works without a problem. I'm not sure what the problem is.

Can someone assist?

Thanks
 
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