General Adjustments Sample Clauses

General Adjustments. The Parties shall make, without duplication, and provided that such adjustments are not already provided for on the Closing Balance Sheet and the Closing Regional Balance Sheet, the usual adjustments relating to the sale of the Purchased Assets as of the Closing Time and such adjustments shall be readjusted, if necessary, on the Working Capital Adjustment Date. Adjustments shall include:
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General Adjustments. Effective September 8, 2007, the hourly rates for steps in the salary range for each class shall be increased by 1.0%. Effective September 6, 2008 the hourly rates for steps in the salary range for each class shall be increased by 3.0%. Effective September 5, 2009 the hourly rates in the salary range for each class shall be increased 3.0%.
General Adjustments. In the event of a subdivision of the outstanding Common Stock, a declaration of a dividend payable in Common Stock, a declaration of a dividend payable in a form other than Common Stock in an amount that has a material effect on the price of the Common Stock, a combination or consolidation of the outstanding Common Stock (by
General Adjustments. The adjustments (herein referred to as the “Adjustments”) shall include all realty taxes, local improvement rates and charges, water and assessment rates, utility deposits, amounts prepaid under Contracts, security deposits and other adjustments established by usual practice for the purchase and sale of similar properties. In addition, the Adjustments shall include the other matters referred to in this Agreement which are stated to be the subject of adjustment and shall exclude the other matters in this Agreement which are stated not to be the subject of adjustment. Adjustments shall be made as of the Adjustment Date. From and after the Closing Date, the Purchaser shall be responsible for all expenses in respect of, and shall be entitled to all income from the Purchased Assets. The Vendor shall be responsible for all expenses and entitled to all income from the Purchased Assets for that period ending on the Adjustment Date. If any item subject to adjustment cannot be determined on Closing, an estimate shall be made by the Vendor and the Purchaser, acting reasonably, for purposes of Closing and a final adjustment shall be made when the particular item can be determined. All claims for readjustment must be made within a one hundred and eighty (180) day period following Closing; provided, however, that after the expiry of the relevant period, the adjustments made by the Vendor and Purchaser shall be final and binding. The provisions of this Section 3.2 shall not merge on, but shall survive Closing.
General Adjustments. The Proposed MVI Methodology (and the HEP, MEP or other default rate methodology, if applicable) shall be adjusted as follows: • In the calculation of the Hourly Prices for the MVEC, the zeroes or negative values in the PJM data shall be replaced by the average of the positive values just before and just after any zero or negative values; • ComEd will allocate its adjustment to the MVEC component related to sales and marketing costs in proportion to the kWh usage for a customer class instead of in proportion to the number of customers in the class; • ComEd's rates for delivery services will be used as the basis for the delivery services credit in the CTC formula; and all CTCs, including CTCs subject to multi-year MVECs, will be adjusted to reflect changes in Rate RCDS and FERC-approved changes in Transmission rates as provided in ComEd's Rider TS—Transmission Service; • The Proposed MVI Methodology shall be adjusted to reflect changes, if any, in the transmission loss calculation from the ComEd open access transmission tariff to the PJM open access transmission tariff; and • On and after PJM Day 2, an increase of 0.45 mils/kWh will be made to all annual and multi-year MVECs, including MVECs that have already been set. In addition, ComEd shall exclude from the calculation of Rider TS Transmission Services Charge PJM congestion management fees and administrative fees under current Schedules 9-1, 9-2, 9-3, 9-4, 9-5 and 9-6 of PJM's Open Access Transmission Tariff or successor schedules that provide for recovery of the same administrative charges assessed to ComEd for transmission services used to serve customers taking service under Rider PPO-MI, Rider ISS, and Rider MEP. ComEd shall advocate before PJM and all relevant regulatory agencies that wholesale power purchase agreements with firm liquidated damages provisions shall continue to be accepted for purposes of securing network transmission service after PJM Day 1 up to PJM Day 2.
General Adjustments. A Member’s Capital Account shall be increased and decreased as follows:
General Adjustments. Without limiting the other provisions of this Agreement, if at any time during the period between the date of this Agreement and the Effective Time, any change in the outstanding shares of capital stock of the Company, the Parent Common Stock, or the Parent Class B Common Stock shall occur (other than the issuance of additional shares of capital stock of the Company or Parent as permitted by this Agreement), including by reason of any reclassification, recapitalization, stock split (including a reverse stock split), or combination, exchange, readjustment of shares, or similar transaction, or any stock dividend or distribution paid in stock, the Exchange Ratio and any other amounts payable pursuant to this Agreement shall be appropriately adjusted to reflect such change according to the NAYA Allocation Percentage (as defined below) and the INVO Allocation Percentage (as defined below); provided, however, that this sentence shall not be construed to permit Parent or the Company to take any action with respect to its securities that is prohibited by the terms of this Agreement (including the issuance or sale of any Parent Securities or Company Securities after the date hereof without the other party’s prior written consent).
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General Adjustments. Without limiting the other provisions of this Agreement, if at any time during the period between the date of this Agreement and the Effective Time, any change in the outstanding shares of capital stock of the Company or the Parent Common Stock shall occur (other than the issuance of additional shares of capital stock of the Company or Parent as permitted by this Agreement), including by reason of any reclassification, recapitalization, stock split (including a reverse stock split), or combination, exchange, readjustment of shares, or similar transaction, or any stock dividend or distribution paid in stock, the Exchange Ratio and any other amounts payable pursuant to this Agreement shall be appropriately adjusted to reflect such change according to the NAYA Allocation Percentage (as defined below) and the INVO Allocation Percentage (as defined below); provided, however, that this sentence shall not be construed to permit Parent or the Company to take any action with respect to its securities that is prohibited by the terms of this Agreement (including the issuance or sale of any Parent Securities or Company Securities after the date hereof without the other party’s prior written consent).
General Adjustments. In addition to the Purchase Price, the usual and customary adjustments shall be made as of the Closing Date and allowed either to the Seller for Prepaid Expenses, Inventory etc. or the Buyer, as the case may be, on the Closing Date and a statement of adjustments (the “Statement of Adjustments”) shall be prepared and delivered by the Parties on the Closing Date.
General Adjustments. In the event of a subdivision of the outstanding Stock, a declaration of a dividend payable in Stock, a declaration of a dividend payable in a form other than Stock in an amount that has a material effect on the price of the Stock, a combination or consolidation of the outstanding Stock (by classification or otherwise) into a lesser number of shares of Stock, a recapitalization, a spin-off or a similar occurrence, or the assumption and conversion of outstanding grants of a company acquired by the Company or its Subsidiary, the Board shall make such adjustments as it, in its sole discretion, deems appropriate in one or more of (a) the number of shares of Stock available for future Awards under Article 3, (b) the limitations set forth in Article 3, (c) the number and kind of shares of Stock covered by each outstanding Award or (d) the exercise price under each outstanding Option and other Award in the nature of rights that may be exercised. Except as provided in this Article 13, a Participant shall have no rights by reason of any issue by the Company of stock of any class or securities convertible into stock of any class, any subdivision or consolidation of shares of stock of any class, the payment of any stock dividend or any other increase or decrease in the number of shares of stock of any class.
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