Adjustment Calculation. December 21, 2015 Blended Average ± August 10, 2015 Base Blended Average = Adjustment
Adjustment Calculation. Term Section Pre-Closing Lease 8.8 Transactions Pre-Closing Tax 6.14 Period Preliminary Closing 1.2(c) Statement Process Agent 11.13 Purchase Price 1.2
Adjustment Calculation. (i) Within thirty (30) calendar days of the Closing Date, Purchaser shall deliver to Seller a balance sheet for the Business in a form consistent with SCHEDULE 2.10(a) as of the close of business on the Closing Date (the "Closing Date Statement"). Within thirty (30) calendar days after delivery, the Seller shall provide Purchaser with a calculation of the NAV of the Business as at the Closing. Seller shall present a Post-Closing Adjustment amount equal to the change in NAV between the month-end prior to Closing and Closing (the "First Adjustment"). To the extent NAV has increased by more than Fifty Thousand ($50,000.00), then Purchaser shall owe to Seller the amount of the difference. To the extent NAV has decreased by more than Fifty Thousand ($50,000.00), then Seller shall owe to Purchaser the amount of the difference.
Adjustment Calculation. Subject to Section 4, if, on or after the Completion Date, Developer:
(a) makes capital improvements to the Project or adds new personal property or equipment to the Project that in either instance increases the nameplate capacity (expressed in Megawatts (MWs) DC) of the Project, the remaining annual PILOT payments under this Agreement will be increased by an amount equal to the product of
(1) the positive difference between the additional estimated annual electricity production of the Project caused by such capital improvement (expressed in Megawatt hours (MWhs)) and the annual anticipated electricity production of the Project (expressed in Megawatt hours (MWhs) reported to the Town pursuant to Section 1 on or about the Completion Date and (2) $8.00. Developer shall provide a detailed report to the Town within thirty (30) days after completion of any such capital improvement which shall identify the capital improvements made to the Project; the additional estimated annual electricity production of the Project (expressed in MWhs) and the amount of additional PILOT payments due in accordance with this Section 5(a) or
(b) retires or removes property from the Project, the remaining annual PILOT payments under this Agreement will be decreased by an amount equal to the product of
(1) the positive difference between the annual anticipated electricity production of the Project (expressed in Megawatt hours (MWhs) reported to the Town pursuant to Section 1 on or about the Completion Date and the reduced estimated annual electricity production of the Project caused by such retirement or removal (expressed in Megawatt hours (MWhs)) and (2) $8.00. Developer shall provide a detailed report to the Town within thirty (30) days after completion of any such retirement or removal which shall identify the retirement or removal made to the Project; the reduction in estimated annual electricity production of the Project (expressed in MWhs) and the amount of reduction in PILOT payments due in accordance with this Section 5(b
Adjustment Calculation. The amount of the Adjustment Right shall be equal to the number of Specified Initial Shares (as defined below) multiplied by the amount by which (x) the Initial Purchase Price exceeds (y) the Average Price for the
Adjustment Calculation. If the Closing Date Remaining PIP Amount exceeds the Closing Date Project Sources, then, on the Closing Date, Buyer shall receive a credit for the amount by which the Closing Date Remaining PIP Amount exceeds the Closing Date Project Sources. Conversely, if the Closing Date Project Sources exceeds the Closing Date Remaining PIP Amount, then, on the Closing Date, Seller shall receive a credit for the amount by which the Closing Date Project Sources exceeds the Closing Date Remaining PIP Amount.
Adjustment Calculation. Effective on July 1 of each year, an annual permissive Consumer Price Index ("CPI") adjustment to the rates approved by the City Council may be made by the Contractor. The amrnal permissive CPI adjustment for the po1iion of each rate representing Contractor's costs of collecting Organics, Solid Waste, and Recyclables shall be the quotient of the Consumer Price Index for San Diego-Carlsbad, California for all urban consumers from the current March divided by the Consumer Price Index for San Diego-Carlsbad, California for all urban consumers for the previous March, subtracted by one and expressed as a percentage. If the CPI adjustment calculations exceed a positive four percent (4%), the po1iion of the calculated adjustment over a positive four percent (4%) shall be multiplied by .70. The product of this calculation shall be added to four percent (4%). This sum shall be the aimual permissive CPI adjustment for the collection portion of the rates. The aimual permissive CPI adjustment for the portion of each rate representing Contractor's costs of processing and disposal costs shall be calculated in the same manner as the collection portion of the rates. Below is illustrative example of the adjustment process: IF: CPI index in Year 1 is 100 and CPI index in Year 2 is 105. Rate in Year 1 is 10 (7 for collection and 3 for processing/disposal). Collection Component (105/100)=1.05-1=>5%; 5%-4%=1%; (1*.7)=.7; .7+4=4.7% Processing/Disposal Component 7*1.047 + 3*1.047=$10.47
Adjustment Calculation. Not later than ninety (90) days after the Closing Date, Buyer Parent shall deliver to Parent a statement of the Closing Working Capital Value (the “Preliminary Statement”). The Preliminary Statement shall include Buyer’s calculation of Closing Working Capital Value. The Preliminary Statement shall be prepared in accordance with Schedule 1.1.
Adjustment Calculation. The Purchase Price will be adjusted by multiplying the difference between the Average Price (as hereinafter defined) and the Original Price set forth in Schedule "2" by the number of Purchase Price Shares (the "Adjustment Amount"). The "Average Price" will be determined by multiplying the Daily Price for each Selling Day times the number of Purchase Price Shares sold on such Selling Day, adding the sums for all Selling Days during the Averaging Period and dividing the sum by the total number of Purchase Price Shares sold during the Averaging Period, provided, however, that: (i) in the event a Suspension Notice (as defined in the Registration Rights Agreement) is in effect with respect to the Purchase Price Shares during the Averaging Period, the Averaging Period will be extended by the number of days the Suspension Notice is in effect; and (ii) in the event the Registration Statement is not effective on the first anniversary of the Closing Date, the Averaging Period will commence on the day following the date of the first anniversary of the Closing Date. As used in this paragraph: (a) "Daily Price" means the closing price of the CEC Common Stock as quoted on the New York Stock Exchange on each Selling Day; (b) "Selling Day" means a trading day on which the
Adjustment Calculation a. Fee Adjustments shall be calculated by ITA as follows:
i. ITA will calculate the “Fully Allocated Cost of Services” for the prior calendar year or period. “Cost of Services” includes all current direct costs to ITA of services provided by ITA including without limitation the cost of support personnel, asset depreciation (e.g., capitalized hardware, third party software, software development, implementation), hardware/software maintenance, third party services, supplies, indirect infrastructure support costs (e.g., Human Resources, finance, facilities, insurance), and cost of capital. The “cost of capital” shall be [***] percent ([***]%). ITA will allocate the Cost of Services among all of its financial institution clients receiving services from ITA to arrive at the “Fully Allocated Cost of Services.”
ii. ITA will compare the Fully Allocated Cost of Services for the prior period (“Prior Period Fully Allocated Cost of Services”) to the total amount of Fees paid by Client for that same period (“Prior Period Payment”).
iii. If the Prior Period Fully Allocated Cost of Services is greater than the Prior Period Payment, Client’s Fees will increase effective on the Adjustment Date by the amount of the difference, adjusted by any known material increases or decreases in the current period services cost.
iv. If the Prior Period Fully Allocated Cost of Services is less than the Prior Period Payment, Client's Fees will decrease effective on the Adjustment Date by the amount of the difference, adjusted by any known material increases or decreases in the current period services cost.
