Adjustments to Take Account of Interim Events Sample Clauses

Adjustments to Take Account of Interim Events. If a Member shall receive a distribution from such Member’s Capital Account as of a date other than the last day of a fiscal quarter or transfer all or part of its Interest in a Series to a transferee as permitted by this Agreement, the Manager shall make such adjustments in the determination and allocation among the Members and any transferees of items of income, deduction, gain, loss or credit and other matters among the Members and any transferees including taxes thereon, and shall apply such accounting procedures as shall equitably take into account such interim event and applicable provisions of law (including Code Section 706(d)), and the determination thereof by the Manager shall be final and conclusive as to all of the Members.
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Adjustments to Take Account of Interim Events. If a Partner shall make additional Capital Contributions to the Partnership as of a date other than the first day of a Fiscal Quarter, withdraw from the Partnership or make a withdrawal from such Partner's Capital Account as of a date other than the last day of a Fiscal Year, the Majority General Partners shall make such adjustments in the determination and allocation among the Partners of Net Profit and Net Loss and items of income, deduction, gain, loss or credit for tax purposes and accounting procedures as shall equitably take into account such interim event and applicable provisions of law.
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Adjustments to Take Account of Interim Events. If a Member ----------- --------------------------------------------- shall withdraw from the Company or make an addition to or withdrawal from his or its Account as of a date other than the last day of a month, the Manager Member shall make such adjustments in the determination and allocation among the Members of items of income, gain, deduction, credit, profit or loss, for purposes of this Agreement as shall equitably take into account such interim event, and the determination thereof by the Manager Member shall be final and conclusive as to all of the Members.
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Related to Adjustments to Take Account of Interim Events

  • Interim Events Since December 31, 2000, except as Previously Disclosed, neither Seller nor its Subsidiaries have paid or declared any dividend or made any other distribution to shareholders or taken any action which if taken after the date hereof would require the prior written consent of Buyer pursuant to Section 5.6 hereof.

  • Adjustments to Prevent Dilution In the event that the Company changes the number of Shares or securities convertible or exchangeable into or exercisable for Shares issued and outstanding prior to the Effective Time as a result of a reclassification, stock split (including a reverse stock split), stock dividend or distribution, recapitalization, merger, issuer tender or exchange offer, or other similar transaction, the Per Share Merger Consideration shall be equitably adjusted.

  • Adjustments to Capital Accounts At the end of each Fiscal Period, the Capital Accounts of the Partners shall be adjusted in the following manner:

  • Trigger Events The Employee shall be entitled to collect the severance benefits set forth in Subsection (b) hereof in the event that either (i) the Employee voluntarily terminates employment for any reason within the 30-day period beginning on the date of a Change in Control, (ii) the Employee voluntarily terminates employment within 90 days of an event that both occurs during the Protected Period and constitutes Good Reason, or (iii) the Bank or the Company or their successor(s) in interest terminate the Employee's employment without his written consent and for any reason other than Just Cause during the Protected Period.

  • Adjustments to Tax Basis In the event of adjustment to the adjusted tax basis of Partnership property under Code Sections 732, 734 or 743, the capital accounts of the Partners shall be adjusted to the extent provided in Treasury Regulation Section 1.704-1(b)(2)(iv)(m).

  • Changes in Fiscal Periods Permit the fiscal year of the Borrower to end on a day other than December 31 or change the Borrower’s method of determining fiscal quarters.

  • Adjustment of Impositions Impositions imposed in respect of the tax-fiscal period during which the Term terminates shall be adjusted and prorated between Lessor and Lessee, whether or not such Imposition is imposed before or after such termination, and Lessee’s obligation to pay its prorated share thereof after termination shall survive such termination.

  • Adjustments Resulting in Underpayments In the case of any adjustment pursuant to a Final Determination with respect to any such Tax Return, the Responsible Company shall pay to the applicable Tax Authority when due any additional Tax due with respect to such Tax Return required to be paid as a result of such adjustment pursuant to a Final Determination. The Responsible Company shall compute the amount attributable to the AAMC Group in accordance with Article II and AAMC shall pay to Altisource any amount due Altisource (or Altisource shall pay AAMC any amount due AAMC) under Article II within 30 days from the later of (i) the date the additional Tax was paid by the Responsible Company or (ii) the date of receipt of a written notice and demand from the Responsible Company for payment of the amount due, accompanied by evidence of payment and a statement detailing the Taxes paid and describing in reasonable detail the particulars relating thereto. Any payments required under this Section 4.01(c) shall include interest computed at the Base Rate based on the number of days from the date the additional Tax was paid by the Responsible Company to the date of the payment under this Section 4.01(c).

  • Events Subsequent to Most Recent Fiscal Year End Since the Most Recent Fiscal Year End, there has not been any material adverse change in the business, financial condition, operations, results of operations, or future prospects of the Company. Without limiting the generality of the foregoing, since that date:

  • Simultaneous Adjustments In the event that this Article 11 requires adjustments to the Conversion Rate under more than one of Sections 11.06(4), 11.07 or 11.08, and the record dates for the distributions giving rise to such adjustments shall occur on the same date, then such adjustments shall be made by applying, first, the provisions of Section 11.06, second, the provisions of Section 11.08 and, third, the provisions of Section 11.07.

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