ADJUSTMENT OF DOLLAR AMOUNTS Sample Clauses

ADJUSTMENT OF DOLLAR AMOUNTS. For adjustment of certain dollar amounts specified in this section, that is not reflected in text, see Adjustment of Dollar Amounts note belo . HISTORICAL AND REVISION NOTES LEGISLATIVE STATEMENTS Section 707 of the House amendment indicates that the court may dismiss a case only after notice and a hearing. SENATE REPORT NO. 95–989 This section authorizes the court to dismiss a liq- uidation case only for cause, such as unreasonable delay by the debtor that is prejudicial to creditors or nonpayment of any fees and charges required under chapter 123 [§ 1911 et seq.] of title 28. These causes are not exhaustive, but merely illustrative. The section does not contemplate, however, that the ability of the debtor to repay his debts in whole or in part con- stitutes adequate cause for dismissal. To permit dis- missal on that ground would be to enact a non-uniform mandatory chapter 13, in lieu of the remedy of bank- ruptcy. REFERENCES IN TEXT Section 302 of the Family Violence Prevention and Services Act, referred to in subsec. (b)(2)(A)(ii)(I), is classified to section 10402 of Title 42, The Public Health and Welfare. The Federal Rules of Bankruptcy Procedure, referred to in subsec. (b)(4)(A), (B), (5)(A), are set out in the Ap- pendix to this title. AMENDMENTS 2010—Subsec. (a)(3). Pub. L. 111–327, § 2(a)(25)(A), sub- stituted ‘‘521(a)’’ for ‘‘521’’.
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ADJUSTMENT OF DOLLAR AMOUNTS. The dollar amounts specified in this section were ad- justed by notices of the Judicial Conference of the United States pursuant to section 104 of this title as follows: By notice dated Feb. 19, 2010, 75 F.R. 8747, effective Apr. 1, 2010, in subsec. (b)(2)(A)(i)(I), dollar amount ‘‘6,575’’ was adjusted to ‘‘7,025’’; in subsec. (b)(2)(A)(i)(II), dollar amount ‘‘10,950’’ was adjusted to ‘‘11,725’’; in subsec. (b)(2)(A)(ii)(IV), dollar amount ‘‘1,650’’ was adjusted to ‘‘1,775’’; in subsec.
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ADJUSTMENT OF DOLLAR AMOUNTS. For adjustment of certain dollar amounts specified in this section, that is not reflected in text, see Adjustment of Dollar Amounts note belo . HISTORICAL AND REVISION NOTES LEGISLATIVE STATEMENTS No limitation is provided for payments to commodity brokers as in section 766 of the Senate amendment other than the amendment to section 548 of title 11. Section 547(c)(2) protects most payments. Section 547(b)(2) of the House amendment adopts a provision contained in the House xxxx and rejects an al- ternative contained in the Senate amendment relating to the avoidance of a preferential transfer that is pay- ment of a tax claim owing to a governmental unit. As provided, section 106(c) of the House amendment over- rules contrary language in the House report with the result that the Government is subject to avoidance of preferential transfers. Contrary to language contained in the House report, payment of a debt by means of a check is equivalent to a cash payment, unless the check is dishonored. Pay- ment is considered to be made when the check is deliv- ered for purposes of sections 547(c)(1) and (2). Section 547(c)(6) of the House xxxx is deleted and is treated in a different fashion in section 553 of the House amendment. Section 547(c)(6) represents a modification of a simi- lar provision contained in the House xxxx and Senate amendment. The exception relating to satisfaction of a statutory lien is deleted. The exception for a lien cre- ated under title 11 is deleted since such a lien is a stat- utory lien that will not be avoidable in a subsequent bankruptcy. Section 547(e)(1)(B) is adopted from the House xxxx and Senate amendment without change. It is intended that the simple contract test used in this section will be ap- plied as under section 544(a)(1) not to require a creditor to perfect against a creditor on a simple contract in the event applicable law makes such perfection impossible. For example, a purchaser from a debtor at an improp- erly noticed bulk sale may take subject to the rights of a creditor on a simple contract of the debtor for 1 year after the bulk sale. Since the purchaser cannot perfect against such a creditor on a simple contract, he should not be held responsible for failing to do the impossible. In the event the debtor goes into bankruptcy within a short time after the bulk sale, the trustee should not be able to use the avoiding powers under section 544(a)(1) or 547 merely because State law has made some transfers of personal prope...
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ADJUSTMENT OF DOLLAR AMOUNTS. All amounts stated in specific dollars in this agreement may be adjusted from time-to-time by Grantors Councils based upon the Consumer Price Index or some other reasonable method. e. Applicability: Grantee may not avoid compliance with the terms and provisions of this agreement by contracting for any service. Grantee shall not utilize an "open video system" or its equivalent to avoid application of the Franchise to Grantee's operations. f.
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ADJUSTMENT OF DOLLAR AMOUNTS. The dollar amounts specified in this section were ad- justed by notices of the Judicial Conference of the United States pursuant to section 104 of this title as follows: By notice dated Feb. 5, 2019, 84 F.R. 3488, effective Apr. 1, 2019, in subsec. (b)(2)(A)(i)(I), dollar amount ‘‘7,700’’ was adjusted to ‘‘8,175’’; in subsec.
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Related to ADJUSTMENT OF DOLLAR AMOUNTS

  • Determination of Dollar Amounts The Administrative Agent will determine the Dollar Amount of:

  • Dollar Amounts All references to “$” contained in this Agreement shall refer to United States Dollars unless otherwise stated.

  • Number and Amount of LIBOR Loans; Determination of Rate Each Borrowing of LIBOR Loans when made shall be in a minimum amount of $5,000,000, plus any increment of $1,000,000 in excess thereof. No more than four Borrowings of LIBOR Loans may be outstanding at any time, and all LIBOR Loans having the same length and beginning date of their Interest Periods shall be aggregated together and considered one Borrowing for this purpose. Upon determining LIBOR for any Interest Period requested by Borrowers, Agent shall promptly notify Borrowers thereof by telephone or electronically and, if requested by Borrowers, shall confirm any telephonic notice in writing.

  • Determination of Amount Outstanding On each Quarterly Date and, in addition, promptly upon the receipt by the Administrative Agent of a Currency Valuation Notice (as defined below), the Administrative Agent shall determine the aggregate Revolving Multicurrency Credit Exposure. For the purpose of this determination, the outstanding principal amount of any Loan that is denominated in any Foreign Currency shall be deemed to be the Dollar Equivalent of the amount in the Foreign Currency of such Loan, determined as of such Quarterly Date or, in the case of a Currency Valuation Notice received by the Administrative Agent prior to 11:00 a.m., New York City time, on a Business Day, on such Business Day or, in the case of a Currency Valuation Notice otherwise received, on the first Business Day after such Currency Valuation Notice is received. Upon making such determination, the Administrative Agent shall promptly notify the Multicurrency Lenders and the Borrower thereof.

  • Foreign Currency Calculations (a) For purposes of determining the Dollar Equivalent of any Advance denominated in a Foreign Currency or any related amount, the Administrative Agent shall determine the Exchange Rate as of the applicable Exchange Rate Date with respect to each Foreign Currency in which any requested or outstanding Advance is denominated and shall apply such Exchange Rates to determine such amount (in each case after giving effect to any Advance to be made or repaid on or prior to the applicable date for such calculation).

  • Exchange Rates; Currency Equivalents (a) The Administrative Agent or the L/C Issuer, as applicable, shall determine the Spot Rates as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of Credit Extensions and Outstanding Amounts denominated in Alternative Currencies. Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any amounts between the applicable currencies until the next Revaluation Date to occur. Except for purposes of financial statements delivered by Loan Parties hereunder or calculating financial covenants hereunder or except as otherwise provided herein, the applicable amount of any currency (other than Dollars) for purposes of the Loan Documents shall be such Dollar Equivalent amount as so determined by the Administrative Agent or the L/C Issuer, as applicable.

  • Currency Equivalents Generally Any amount specified in this Agreement (other than in Articles II, IX and X) or any of the other Loan Documents to be in Dollars shall also include the equivalent of such amount in any currency other than Dollars, such equivalent amount thereof in the applicable currency to be determined by the Administrative Agent at such time on the basis of the Spot Rate (as defined below) for the purchase of such currency with Dollars. For purposes of this Section 1.07, the “Spot Rate” for a currency means the rate determined by the Administrative Agent to be the rate quoted by the Person acting in such capacity as the spot rate for the purchase by such Person of such currency with another currency through its principal foreign exchange trading office at approximately 11:00 a.m. on the date two Business Days prior to the date of such determination; provided that the Administrative Agent may obtain such spot rate from another financial institution designated by the Administrative Agent if the Person acting in such capacity does not have as of the date of determination a spot buying rate for any such currency.

  • Currency; Exchange Rate All payments under this Agreement shall be payable in U.S. Dollars. The rate of exchange to be used in computing the amount of currency equivalent in U.S. Dollars for calculating Net Sales in a Calendar Quarter (for purposes of both the royalty calculation and whether a Net Sales milestone has been achieved) shall be made at the average exchange rate as published by the Wall Street Journal for such Calendar Quarter, or such other source as the Parties may agree in writing.

  • Currency Calculations All financial statements and Compliance Certificates shall be set forth in Dollars. For purposes of preparing the financial statements, calculating financial covenants and determining compliance with covenants expressed in Dollars, Optional Currencies shall be converted to Dollars in accordance with GAAP.

  • Increased Cost and Reduced Return; Capital Adequacy; Reserves on Eurocurrency Rate Loans (a) If any Lender determines that as a result of any Change in Law, or such Lender’s compliance therewith, there shall be any increase in the cost to such Lender of agreeing to make or making, funding or maintaining any Loan or issuing or participating in Letters of Credit, or a reduction in the amount received or receivable by such Lender in connection with any of the foregoing (excluding for purposes of this Section 3.03(a) any such increased costs or reduction in amount resulting from (i) Indemnified Taxes or Other Taxes indemnifiable under Section 3.01, (ii) Excluded Taxes described in clauses (b) through (e) of the definition of Excluded Taxes, (iii) Excluded Taxes described in clause (a) of the definition of Excluded Taxes to the extent such Taxes are imposed on or measured by such Lender’s net income or profits (or are franchise Taxes imposed in lieu thereof) or (iv) reserve requirements contemplated by Section 3.03(c)), then from time to time within fifteen (15) days after demand by such Lender setting forth in reasonable detail such increased costs (with a copy of such demand to the Administrative Agent given in accordance with Section 3.05), the Borrowers shall pay to such Lender such additional amounts as will compensate such Lender for such increased cost or reduction.

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