Common use of Agency Adjustment Clause in Contracts

Agency Adjustment. If (a) upon the expiration of the Agency Agreement, the parties thereto enter into a new agreement with a term (the “Agency Term”) of at least two years (a “New Agency Agreement”), the Agency Adjustment shall be subtracted from the Net Debt Amount applicable to the Share Price payable on the first Put Closing Date or Call Closing Date, as the case may be, following the date of the New Agency Agreement. The Agency Adjustment shall not be taken into account more than once. For the avoidance of doubt, the Company’s liability or obligation to subtract the Agency Adjustment from the Net Debt Amount, if any, shall not be deemed to be Indebtedness.