Adjustment for losses Sample Clauses

Adjustment for losses. For the purpose of the Balancing and Settlement Code, the Allocation Platform will send to the SAA (as defined in that Code) a program called BM Unit Metered Volume expressed in kWh at Sellindge in half-hourly points and calculated by this formula:
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Adjustment for losses. 43 ARTICLE IX -- MISCELLANEOUS......................................................................................46
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Adjustment for losses. Attributable to Breaches of ARC Representations and Warranties. If, on or prior to the Termination Date (as defined in the Escrow Agreement), it becomes known to the AmDoc Stockholders' Representatives that (i) any of the representations and warranties set forth in Section 4.3(c)(ii) or 4.5 of this Agreement were untrue or incorrect as of the date hereof or as of the Closing Date or (ii) AmDoc's projection as set forth on Section 3.3(c)(ii) of the Disclosure Schedule as to the number of shares of ARC Series A-6 Preferred Stock to Premier Research Worldwide, Ltd. in connection with agreements between AmDoc and Premier Research Worldwide, Ltd. in existence at the Closing Date is more than the number of shares actually issued, the AmDoc Stockholders' Representatives shall notify ARC and the Escrow Agent in writing of the amount of their good faith estimate of the amount of any claim, loss, liability, damage, cost or expense resulting from or incurred in connection with the breach of such representation or warranty or inaccuracy of such projection, less the amount of any benefits actually received (an "AmDoc Claim"), which notice shall include a brief description of the facts upon which such AmDoc Claim is based. ARC shall cooperate fully in responding to questions and requests for information submitted by the AmDoc Stockholders' Representatives and their professional advisers in connection with their determination of an AmDoc Claim, and shall, with reasonable prior notice, provide them with full access to members of the management of ARC who are knowledgeable in the matters under review and to the books and records of AmDoc to the extent related to the determination of the AmDoc Claim. Upon receipt of the notice of the AmDoc Claim, ARC shall have twenty (20) business days in which to review such AmDoc Claim, and if, in its reasonable judgment, it disagrees with the amount of such AmDoc Claim, ARC may propose an adjustment thereto or propose that no amount should be paid on account of such ARC Claim within such twenty (20) business day period. Any proposed adjustment or rejection thereof shall be in writing and shall be submitted to the AmDoc Stockholders' Representatives within such twenty (20) business day period. Unless ARC notifies the AmDoc Stockholders' Representatives within such twenty (20) business day period that it objects to the AmDoc Claim, the AmDoc Claim shall be binding upon ARC and the holders of the AmDoc Shares and shall be deemed finally de...
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Adjustment for losses. For the purposes of the Balancing and Settlement Code (“BSC”), the Nomination Platform will send to the Settlement Administration Agent (as defined in the BSC) a program called BM Unit Metered Volume (“BMUMV”) expressed in kWh at the relevant GB onshore grid connection point in half-hourly points and calculated by this formula:
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Related to Adjustment for losses

  • Adjustment for Tax Purposes The Company shall be entitled to make such reductions in the Conversion Price, in addition to those required by Section 4.6, as it in its discretion shall determine to be advisable in order that any stock dividends, subdivisions of shares, distributions of rights to purchase stock or securities or distributions of securities convertible into or exchangeable for stock hereafter made by the Company to its stockholders shall not be taxable.

  • Allocation of Profit or Loss All Profit or Loss shall be allocated to the Member.

  • Determination of Adjustments If any questions will at any time arise with respect to the Exercise Price or any adjustment provided for in Section 4.8, such questions will be conclusively determined by the Company’s Auditors, or, if they decline to so act any other firm of certified public accountants in the United States of America that the Company may designate and who will have access to all appropriate records and such determination will be binding upon the Company and the Holders of the Warrants.

  • Allocation of Profits and Losses The Company’s profits and losses shall be allocated to the Member.

  • Calculation of Adjustments All adjustments to the Settlement Rate shall be calculated to the nearest 1/10,000th of a share of Common Stock (or if there is not a nearest 1/10,000th of a share to the next lower 1/10,000th of a share). No adjustment in the Settlement Rate shall be required unless such adjustment would require an increase or decrease of at least one percent therein; provided, that any adjustments which by reason of this subparagraph are not required to be made shall be carried forward and taken into account in any subsequent adjustment. If an adjustment is made to the Settlement Rate pursuant to paragraph (1), (2), (3), (4), (5), (6), (7) or (10) of this Section 5.6(a), an adjustment shall also be made to the Applicable Market Value solely to determine which of clauses (i), (ii) or (iii) of the definition of Settlement Rate in Section 5.1(a) will apply on the Stock Purchase Date. Such adjustment shall be made by multiplying the Applicable Market Value by a fraction, the numerator of which shall be the Settlement Rate immediately after such adjustment pursuant to paragraph (1), (2), (3), (4), (5), (6), (7) or (10) of this Section 5.6(a) and the denominator of which shall be the Settlement Rate immediately before such adjustment; provided, that if such adjustment to the Settlement Rate is required to be made pursuant to the occurrence of any of the events contemplated by paragraph (1), (2), (3), (4), (5), (7) or (10) of this Section 5.6(a) during the period taken into consideration for determining the Applicable Market Value, appropriate and customary adjustments shall be made to the Settlement Rate.

  • No Adjustment for Small Amounts Anything in this Section to the contrary notwithstanding, the Company shall not be required to give effect to any adjustment in the Exercise Price unless and until the net effect of one or more adjustments, determined as above provided, shall have required a change of the Exercise Price by at least one cent, but when the cumulative net effect of more than one adjustment so determined shall be to change the actual Exercise Price by at least one cent, such change in the Exercise Price shall thereupon be given effect.

  • Tax Adjustments The Company may make such reductions in the Purchase Price, in addition to those required by Sections 3, 4, 5, 6, 7 and 8, as the Board of Directors considers to be advisable to avoid or diminish any income tax to holders of Common Stock or rights to purchase Common Stock resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes.

  • Adjustment for Certain Events The number and kind of securities purchasable upon the exercise of this Warrant and the Warrant Price shall be subject to adjustment from time to time upon the occurrence of certain events, as follows:

  • No Adjustment for Dividends Except as provided in Section 11.1, no adjustments in respect of any dividends shall be made during the term of a Warrant or upon the exercise of a Warrant.

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