Adjustment Mechanism. If an adjustment of the Exercise Price is required pursuant to this Section 6 (other than pursuant to Section 6.4), the Holder shall be entitled to purchase such number of shares of Common Stock as will cause (i) (x) the total number of shares of Common Stock Holder is entitled to purchase pursuant to this Warrant following such adjustment, multiplied by (y) the adjusted Exercise Price per share, to equal the result of (ii) (x) the dollar amount of the total number of shares of Common Stock Holder is entitled to purchase before adjustment, multiplied by (y) the total Exercise Price before adjustment.
Adjustment Mechanism. If an adjustment of the Exercise Price is required pursuant to Section 6.2, the Holder shall be entitled to purchase such number of additional shares of Common Stock as will cause the total number of shares of Common Stock the Holder is entitled to purchase pursuant to this Warrant, multiplied by the adjusted Exercise Price per share, to equal the dollar amount of the total number of shares of Common Stock Holder is entitled to purchase before adjustment multiplied by the total Exercise Price before adjustment.
Adjustment Mechanism. If an adjustment of the Exercise Price is required pursuant to this Section 13, the Optionee shall be entitled to purchase such number of additional shares of Common Stock as will cause (i) the total number of shares of Common Stock it is entitled to purchase pursuant to this Option, multiplied by (ii) the adjusted purchase price per share, to equal (iii) the dollar amount of the total number of shares of Common Stock it is entitled to purchase before adjustment multiplied by the total purchase price before adjustment.
Adjustment Mechanism. If an adjustment of the Exercise Price is required pursuant to this Section 6, the Holder shall be entitled to purchase such number of additional shares of Common Stock as will cause (i) the total number of shares of Common Stock Holder is entitled to purchase pursuant to this Warrant, multiplied by (ii) the adjusted purchase price per share (the "Adjusted Exercise Price"), to equal (iii) the total number of shares of Common Stock Holder is entitled to purchase before adjustment multiplied by the Exercise Price before adjustment. For example, if Holder receives a warrant to purchase 1,500,000 shares of Common Stock at an Exercise Price of $1.00, and the Adjusted Exercise Price is $0.50, Holder will be entitled to receive 3,000,000 shares of Common Stock.
Adjustment Mechanism. (i) On or before March first, following the end of each Lease Year, Landlord shall submit to Tenant a statement setting forth the exact amount of the excess, if any, in Tenant's Proportionate Share of the Operating Expenses for the Lease Year just completed and the estimated amount of Tenant's Proportionate Share of the Operating Expense (which was paid in accordance with this subparagraph) for such year. Such statement shall also set forth the amount of the estimated Operating Expenses reimbursement, as limited above, for the new Lease Year computed by taking the estimated excess in Tenant's Proportionate Share of Operating Expenses for the new Lease Year and dividing it by the number of months remaining in the new Lease Year. To the extent that Xxxxxx's Proportionate Share of the actual Operating Expense for any period covered by such statement is greater than the estimate which Tenant previously paid during the Lease Year just completed, Tenant shall pay to Landlord the difference in cash, as limited above, within thirty (30) days following receipt of said statement from Landlord. To the extent that Xxxxxx's Proportionate Share of the actual Operating Expenses for the period covered by the statement is less than the estimate which Xxxxxx previously paid during the Lease Year just completed, Landlord shall credit the difference against the Tenant's estimated reimbursement for Operating Expenses for the new Lease Year as stated above and such credit will be applied to the next payment or payments due from Tenant to Landlord. In addition, until Xxxxxx receives such statement, Xxxxxx's monthly reimbursement applied to the new Lease Year shall continue to be paid at the rate for the previous Lease Year, but Tenant shall commence payment to Landlord of the monthly installments of reimbursement on the basis of the new statement beginning on the first day of the month following the month in which Xxxxxx receives such statement.
(ii) Tenant's obligation with respect to Xxxxxx's Proportionate Share of the Operating Expenses shall survive the expiration or early termination of this Lease, and subsequent to such expiration or termination Tenant shall pay Tenant's Proportionate Share of the actual Operating Expenses for the portion of the final Lease Year of the Lease during which Tenant was obligated to pay such expenses. If Tenant occupies the Premises for less than a full calendar year during the first or last Lease Years of the term hereof, Xxxxxx's Proportionat...
Adjustment Mechanism. If an adjustment of the Exercise Price is required pursuant to Section 11(c)(i), the Company shall deliver to the Investors within three (3) business days of the closing of the transaction giving rise to the adjustment (the "Delivery Date") written confirmation reflecting the adjusted Exercise Price.
Adjustment Mechanism. The Consideration as a percentage of the Operating Profit to be received by the State shall be adjusted in accordance with the following formula: SGt = 100% - SCAt SGt = Percentage of Operating Profit received by the State during Period t. SCAt = Adjusted percentage of Operating Profit received by the Contractor in Period t. The adjusted percentage of Operating Profit received by the Contractor during Period t(SCAt) will be calculated as follows:
(a) When the metrics of the operating result before taxes of the Contractor for the Period immediately preceding the relevant Period (MROt – 1) is less than the value U1, the percentage of the Operating Profit received by the Contractor will be SC1.
(b) When the value of the metrics of the operating results before taxes of the Contractor for the Period immediately preceding the relevant Period (MROT – 1) is between U1 and U2, the percentage of Operating Profit received by the Contractor, SCAt, will be determined in accordance with the following formula: Where:
Adjustment Mechanism. The Consideration as a percentage of the Operating Profit to be received by the State, shall be adjusted in accordance with the following formula: = 100% − Where: = Percentage of Operating Profit received by the State in Period . = Adjusted percentage of Operating Profit received by the Contractor in Period . The adjusted percentage of Operating Profit received by the Contractor in Period () will be calculated as follows:
(a) When the metrics of operating result before taxes of the Contractor for the Period immediately preceding the relevant Period (−1) is less than the value U1, the percentage of the Operating Profit received by the Contractor will be 1.
(b) When the value of the metrics of the operating result before Taxes of the Contractor for the Period immediately preceding the relevant Period (−1) is between 1 and 2, the percentage of Operating Profit received by the Contractor, , will be determined in accordance with the following formula: = − ( − ) ( −1 − 1 )
Adjustment Mechanism. Except as otherwise specifically provided in the Schedules hereto, and only in respect to such Schedules, the Parties, through their respective Service Coordinators, shall meet (in person or via telephone) on an annual basis to review the Services provided during the immediately preceding year; provided, however, that the Parties may meet more frequently if so agreed between them. At each such meeting, the Parties shall adjust the applicable fee for each Service for which the fees are determined by reference to the number of units used during a given year. Such adjustment shall be based on the number of units of each such Service added or reduced, as applicable, during the preceding year multiplied by the unit cost of each such Service. All adjustments to the fees for a Service pursuant to this Section 4.2(b) shall be subject to the terms and conditions of any third party contract used to provide such Service.
Adjustment Mechanism. It is hereby agreed that commencing in the calendar year “2020” and continuing for each calendar year thereafter (each such year being referred to hereinafter as the “Comparison Year”), Tenant shall pay to Landlord, as additional rent (hereinafter referred to as “Tenant’s Share of the Operating Expenses”), Txxxxx’s Proportionate Share of the amount by which the Operating Expenses for the Comparison Year actually exceed the Base Year Operating Expenses (hereinafter, the “Excess Operating Expenses”). The amount which Landlord designates as the estimated Excess Operating Expenses (hereinafter, the “Estimated Excess Operating Expenses”) shall be determined by Landlord, using the prior year’s actual Operating Expenses as the starting point for such calculation, and thereafter adjusting such figure taking into consideration relevant inflationary and deflationary factors and such other factors as Landlord deems reasonable (e.g. special maintenance and/or repair needs, costs to maintain the designation of Class “B” office space, unusual weather patterns, etc.
