RECONCILIATION ADJUSTMENTS AND TRUE-UP ADJUSTMENTS Sample Clauses

RECONCILIATION ADJUSTMENTS AND TRUE-UP ADJUSTMENTS. From time to time, until the Retirement of the Notes, the Servicer shall identify the need for Reconciliation Adjustments and True-Up Adjustments and shall take all reasonable action to obtain and implement such Reconciliation Adjustments and True-Up Adjustments, all in accordance with the following:
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RECONCILIATION ADJUSTMENTS AND TRUE-UP ADJUSTMENTS. 10 SECTION 4.02.
RECONCILIATION ADJUSTMENTS AND TRUE-UP ADJUSTMENTS. From time to time, until the Retirement of the Notes, the Servicer shall identify the need for Reconciliation Adjustments and True-Up Adjustments and shall take all reasonable action to obtain and implement such Reconciliation Adjustments and True-Up Adjustments, all in accordance with the following: (a) EXPECTED AMORTIZATION SCHEDULE. The initial Expected Amortization Schedule is attached hereto as SCHEDULE 4.01(a). In connection with the Note Issuer's issuance of any additional Series of Notes after the Closing Date, the Servicer, on or prior to the Series Issuance Date therefor, shall revise the Expected Amortization Schedule to add the requisite information for each new Series of Notes and set forth, as of each Payment Date through the scheduled Retirement of the Notes, the aggregate principal amounts of the Notes of all Series, including such additional Series, expected to be outstanding on such Payment Date. The Servicer shall also, in accordance with the requirements (if any) set forth in any Series Supplement or Trustee's Issuance Certificate and otherwise in a manner reasonably acceptable to the Grantee, revise the Expected Amortization Schedule to reflect any required prepayments on account of the receipt of Allocable IFC Revenue Amounts or any other required or permitted prepayments affecting such schedule. If the Expected Amortization Schedule is revised as set forth above, the Servicer shall send a copy of such revised Expected Amortization Schedule to the Grantee, the Note Issuer, the Indenture Trustee and the Rating Agencies promptly thereafter.

Related to RECONCILIATION ADJUSTMENTS AND TRUE-UP ADJUSTMENTS

  • 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:

  • Escalation Adjustments The base airframe and special features price will be escalated according to the applicable airframe and engine manufacturer escalation provisions contained in Exhibit D of the Agreement. Buyer agrees that the engine escalation provisions will be adjusted if they are changed by the engine manufacturer prior to signing the Option Aircraft Supplemental Agreement. In such case, the then-current engine escalation provisions in effect at the time of execution of the Option Aircraft Supplemental Agreement will be incorporated into such agreement.

  • Tax Adjustments The Company may make such reductions in the Purchase Price, in addition to those required by Sections 3, 4, 5, 6, 7 and 8, as the Board of Directors considers to be advisable to avoid or diminish any income tax to holders of Common Stock or rights to purchase Common Stock resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes.

  • Certain Adjustments The Exercise Price and number of Warrant Shares issuable upon exercise of this Warrant are subject to adjustment from time to time as set forth in this Section 9.

  • Capitalization Adjustments The number of Shares subject to the Option and the exercise price per Share shall be equitably and appropriately adjusted as provided in Section 12.2 of the Plan.

  • Downward Adjustments The Purchase Price shall be adjusted downward by the following:

  • Prorations and Adjustments The following shall be prorated and adjusted between Seller and Purchaser as of the day of the Closing, except as otherwise specified:

  • Section 754 Adjustments To the extent an adjustment to the adjusted tax basis of any Company asset, pursuant to Code Section 734(b) or Code Section 743(b) is required, pursuant to Regulations Section 1.704-1(b)(2)(iv)(m)(2) or 1.704-1(b)(2)(iv)(m)(4), to be taken into account in determining Capital Accounts as the result of a distribution to a Unit Holder in complete liquidation of such Unit Holder’s interest in the Company, the amount of such adjustment to Capital Accounts shall be treated as an item of gain (if the adjustment increases the basis of the asset) or loss (if the adjustment decreases such basis) and such gain or loss shall be specially allocated to the Unit Holders in accordance with their interests in the Company in the event Regulations Section 1.704-1(b)(2)(iv)(m)(2) applies, or to the Unit Holder to whom such distribution was made in the event Regulations Section 1.704-1(b)(2)(iv)(m)(4) applies.

  • Consideration Adjustment The Parties agree to treat all payments made pursuant to this Article IX as adjustments to the Cash Distribution for Tax purposes, except as otherwise required by Law following a final determination by the U.S. Internal Revenue Service or a Governmental Authority with competent jurisdiction.

  • Annual Compensation Adjustments During the Employment Period, the Board of Directors of the Company (or an appropriate committee thereof) will consider and appraise, at least annually, the contributions of the Executive to the Company, and in accordance with the Company’s practice prior to the Change in Control of the Company, due consideration shall be given to the upward adjustment of the Executive’s Annual Base Salary, at least annually, (a) commensurate with increases generally given to other executives of the Company of comparable status and position to the Executive, and (b) as the scope of the Company’s operations or the Executive’s duties expand.

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