Equipment Adjustments Sample Clauses

Equipment Adjustments. If, upon testing, any billing measuring equipment is found to be accurate or to be in error by not more than plus or minus two percent (2%), previous recordings of such equipment shall be considered accurate in computing deliveries of Steam, Hydrogen, Feedstock and Utilities hereunder, but such equipment shall be promptly adjusted to record correctly if any inaccuracy is discovered. If, upon testing, any billing measuring equipment shall be found to be inaccurate by an amount exceeding two percent (2%) (an “Adjustable Error”), then such equipment shall be promptly adjusted to record properly and any previous recordings by such equipment shall be corrected according to the percentage of inaccuracy so found and payments shall be adjusted as provided in Section 7.6.4, below.
Sample 1
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Equipment Adjustments. The Purchase Price shall be increased or decreased on the Closing Date in the amount of increases and decreases in the value of Equipment between September 1, 2000, and the Closing Date ("Equipment Adjustments"), provided that Seller shall obtain Buyer's prior approval of the purchase of any Equipment exceeding US$1,000.00 in a single purchase and to all purchases of Equipment exceeding US$10,000.00 in aggregate cost in any calendar month. Buyer and Seller agree that the approved Equipment Adjustments between September 1, 2000, and March 31, 2001, are in the amount of US$85,916.00.
Sample 1
Equipment Adjustments. Within three Business Days after each Closing Date, Purchaser and a representative from Seller will perform a count of the applicable assets and prepare a mutually agreed-upon post-closing statement setting forth the MBTA Equipment Adjustment, the LACMTA Equipment Adjustment, the Xxxxxxxxxx Equipment Adjustment or the WMATA Equipment Adjustment (as applicable) as of such Closing Date, utilizing the values set forth on Annexes A-1 through C-3, as applicable. If the count reveals items of equipment that are not of a type set forth on the applicable Annexes, then the value for such item shall be as agreed upon by Seller and Purchaser. If the Parties cannot agree on a value for any such item, then Seller shall retain such item and no credit will be given to Seller for it in the applicable adjustment. Within five Business Days after the date that the post-closing statement is agreed upon a true-up payment in the amount of the applicable adjustment will be paid in cash by Purchaser to Seller (if the adjustment is positive) and by Seller to Purchaser (if the adjustment is negative).
Sample 1

Related to Equipment Adjustments

  • Base Rent Adjustments Base Rent shall be increased on each annual anniversary of the first day of the first full month during the Term of this Lease (each an “Adjustment Date”) by multiplying the Base Rent payable immediately before such Adjustment Date by the Rent Adjustment Percentage and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date. Base Rent, as so adjusted, shall thereafter be due as provided herein. Base Rent adjustments for any fractional calendar month shall be prorated.

  • Rent Adjustments 4.1 For the purpose of this Article 4, the following terms are defined as follows:

  • Subsequent Adjustments In the event that the Assuming Institution or the Receiver discovers any errors or omissions as contemplated by Section 8.2 or any error with respect to the payment made under Section 8.3 after the Settlement Date, the Assuming Institution and the Receiver agree to promptly correct any such errors or omissions, make any payments and effect any transfers or assumptions as may be necessary to reflect any such correction plus interest as provided in Section 8.4.

  • True-Up Adjustments From time to time, until the Retirement of the Recovery Bonds, the Servicer shall identify the need for True-Up Adjustments and shall take all reasonable action to obtain and implement such True-Up Adjustments, all in accordance with the following:

  • Base Rent Adjustment (a) The BASE RENT (subject to adjustment as set forth in Section 1.08(a) above) payable during the EXTENDED TERM, subject to the provisions of part (b) of this Section 3.03, shall be increased from the BASE RENT payable immediately prior to the first month of the EXTENDED TERM to the then fair market rental rate determined in connection with part (b) of this Section 3.03.

  • Price Adjustments 8.5.1 Not more than once per calendar year, Lonza may adjust the Price in accordance with the [***] for the previous calendar year. The new Price reflecting such Batch Price adjustment shall be effective for any Batch for which the Commencement Date is on or after the date of Lonza’s notice to Customer of the Price adjustment.

  • Rental Adjustments 6.1 The Basic Annual Rent then in effect (and as previously increased pursuant to this Section 6.1) shall be increased each year by three percent (3%) on each annual anniversary of the Term Commencement Date for so long as this Lease continues in effect.

  • Capital Adjustments (a) The existence of the Option shall not affect in any way the right or power of the Corporation or its stockholders to make or authorize any or all adjustments, recapitalizations, reorganizations, or other changes in the Corporation's capital structure or the Corporation’s business, or any merger or consolidation of the Corporation or any issue of bonds, debentures, preferred stock having a preference to or affecting the Corporation’s capital stock or the rights thereof, or the issuance of any securities convertible into any such capital stock or of any rights, options, or warrants to purchase any such capital stock, or the dissolution or liquidation of the Corporation, any sale or transfer of all or any part of the Corporation’s assets or business, or any other act or proceeding of the Corporation, whether of a similar character or otherwise.

  • Purchase Price Adjustments In case at any time and from time to time the Company shall issue any shares of Common Stock or Derivative Securities convertible or exercisable for shares of Common Stock (the number of shares so issued, or issuable upon conversion or exercise of such Derivative Securities, as applicable, being referred to as "Additional Shares of Common Stock") for consideration less than the then Market Price at the date of issuance of such shares of Common Stock or such Derivative Securities, in each such case the Conversion Price shall, concurrently with such issuance, be adjusted by multiplying the Conversion Price immediately prior to such event by a fraction: (i) the numerator of which shall be the number of shares of Common Stock outstanding immediately prior to the issuance of such Additional Shares of Common Stock plus the number of shares of Common Stock that the aggregate consideration received by the Company for the total number of such Additional Shares of Common Stock so issued would purchase at the Market Price and (ii) the denominator of which shall be the number of shares of Common Stock outstanding immediately prior to the issuance of Additional Shares of Common Stock plus the number of such Additional Shares of Common Stock so issued or sold.

  • Purchase Price Credit Adjustments If on any day:

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