Structural Adjustments Sample Clauses

Structural Adjustments. (a) In this Clause, a Structural Adjustment means: (i) the introduction of any additional tranche or facility into the Finance Documents (other than a Telenet Additional Facility Commitment); (ii) any increase in or addition of any Commitment (other than a Telenet Additional Facility Commitment), any extension of a Commitment's availability (other than as contemplated in paragraphs (b) and (c) of the definition of Availability Period) or the redenomination of a Commitment into another currency; and (iii) any material changes to the Finance Documents which the Facility Agent agrees acting reasonably are consequential on any of the foregoing, but, for the avoidance of doubt, does not include a Retranching Adjustment. (b) Structural Adjustments may be approved with the consent of each of the following, subject to the provisions of the Intercreditor Agreement: (i) the Majority Lenders; and (ii) each Lender that is assuming a new Commitment (other than a Telenet Additional Facility Commitment) or an increased Commitment or whose Commitment's availability is being extended or redenominated, or to whom any amount (including interest), which is being redenominated is due.
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Structural Adjustments. (a) Notwithstanding the foregoing and anything else (express or implied) in the Finance Documents to the contrary, subject to paragraph (c) below, a Structural Adjustment may be approved only with the consent of each Lender directly and adversely affected by or participating in, the Structural Adjustment.
Structural Adjustments affected Lender only (other than any increase to the total aggregate principal amount of commitments under the Senior Facilities Agreement (excluding in connection with any cashless rollover or the effect of any PIK interest) that would not otherwise be permitted (on a pro forma basis, including associated prepayment of any Utilisation and/or cancellation of any commitments) which, any such increase not so otherwise permitted, will require Majority Lender consent).
Structural Adjustments. 1. Exceptional measures of limited duration, which derogate from the provisions of Article 4 may be taken by any of the Parties in the form of increased customs duties. 2. These measures may only concern infant industries or certain sectors undergoing restructuring or facing serious difficulties, particularly where these difficulties produce important social problems. 3. Customs duties on imports applicable in one of the Contracting Parties to products originating in other Contracting Party, on the basis of measures referred to in paragraphs 1 and 2 of this Article may not exceed 25% ad valorem and shall maintain an element of preference for products originating in the other Contracting Party. The total value of imports of the products which are subject to these measures may not exceed 15 % of total imports of industrial products from the other Party as defined in Chapter I, during the last year for which statistics are available. 4. The provisional measures shall be applied for a period not exceeding the transitional period specified in paragraph 1 of Article 1 of this Agreement. 5. The Contracting Party concerned shall inform the Joint Committee of any exceptional measures it intends to take and at the request of the other Contracting Party consultations shall be held in the Joint Committee on such measures and the sectors to which they apply before they are applied. When taking such measures the Contracting Party concerned shall provide the Joint Committee with a schedule for the elimination of the customs duties introduced under this Article. This schedule shall provide for a phasing out of these duties starting at the latest two years after their introduction at equal annual rates. The Joint Committee may decide on a different schedule.
Structural Adjustments. During the period, Danish Defence will review the comprehensive structural adjustments and changes. Consolidation has resulted in a need for the following additional adjustments: The table below illustrates the implementation rate of joint service agencies and authorities: 2005 2006 2007 2008 2009 Defence Personnel Agency, staff Defence Personnel Agency at new domicile Defence Acquisition and Logistics Agency, staff Defence Acquisition and Logistics Agency in new domicile Danish Defence Maintenance Organisation Danish Defence Supply Organisation Defence Infrastructure Agency, staff Defence Infrastructure Agency, new domicile Local Support Centres Construction and Support Centres The Defence Command, the Home Guard Command and Danish Defence Media Centre 11 will be located at Kuglegården on Holmen. The synergy thus obtained gives the strategic management of Danish Defence the best possible conditions for developing the new structure of Danish Defence. Together with Danish Defence Personnel Agency, the project has been approved by the parties to the agreement. Danish Defence will establish a Joint IT Service 12 under the Defence Command. Forsvarets Koncernfælles Informatiktjeneste (FKIT, Danish Defence IT Service) will operate, develop and maintain the joint IT infrastructure (Shared Services) and will be the XxXxxx competence centre for all the authorities in the ministerial area. Furthermore, FKIT is charged with the coordination, planning, management of resources and the outsourcing, capacity administration and security etc. within the IT area. 11 Clause 9 of agreement. Defence Research Establishment is to be decommissioned as a unit within the Defence College’s organisation and established as an individual department within the Defence Acquisition and Logistic Agency. Communications within Danish Defence will be strengthened by the establishment of the Danish Defence Media Centre under the Chief of Defence. The Service is intended to strengthen internal and external communications within Danish Defence and ensure the largest possible degree of openness. Danish Defence Media Centre will be located on Holmen in Copenhagen. According to the agreement, the army's 2nd Brigade was solely intended as a response force brigade – like the DRB – and organised as a "mirror image" of 1st Brigade. Initially, the 2nd Brigade was only to carry out response force training for the units under the Brigade. Therefore, basic army training was to be carried out within a train...
Structural Adjustments. (a) In this Clause, a Structural Adjustment means: (i) the introduction of any additional tranche or facility into the Finance Documents (other than a Telenet Additional Facility Commitment); (ii) any increase in or addition of any Commitment (other than a Telenet Additional Facility Commitment), any extension of a Commitment’s availability or the redenomination of a Commitment into another currency; and (iii) any material changes to the Finance Documents which the Facility Agent agrees acting reasonably are consequential on any of the foregoing. (b) Structural Adjustments may be approved with the consent of each of the following, subject to the provisions of the Intercreditor Agreement: (i) the Majority Lenders; and (ii) each Lender that is assuming a new Commitment (other than a Telenet Additional Facility Commitment) or an increased Commitment or whose Commitment’s availability is being extended or redenominated, or to whom any amount (including interest), which is being redenominated is due.

Related to Structural Adjustments

  • 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. (b) The securities with respect to which the Option is granted are shares of the $.001 par value common stock of the Corporation as presently constituted, but if and whenever, prior to the delivery by the Corporation of all the shares of the $.001 par value common stock with respect to which the Option is granted, the Corporation shall effect a subdivision or consolidation of shares or other capital readjustment, the payment of a stock dividend, or other increase or reduction of the number of shares of such common stock issued and outstanding without receiving compensation therefore in money, services, or property, the number of shares of such common stock then remaining subject to the Option shall (a) in the event of an increase in the number of outstanding shares of such common stock, be proportionately increased, and the cash consideration payable per share of such common stock shall be proportionately reduced; and (b) in the event of a reduction in the number of outstanding shares of such common stock, be proportionately reduced, and the cash consideration payable per share of such common stock shall be proportionately increased.

  • Mechanical Adjustments If the Company shall pay a dividend in shares of its Common Stock (other than payments of Common Stock as interest on preferred stock), subdivide (split) its outstanding shares of Common Stock, combine (reverse split) its outstanding shares of Common Stock, issue by reclassification of its shares of Common Stock any shares or other securities of the Company, or distribute as a stock dividend to holders of its Common Stock any securities of the Company or of another entity, the number of shares of Common Stock or other securities the Holder hereof is entitled to purchase pursuant to the Warrants immediately prior thereto shall be adjusted so that the Holder shall be entitled to receive upon exercise the number of shares of Common Stock or other securities which he, she or it would have owned or would have been entitled to receive after the happening of any of the events described above had the Warrant been exercised immediately prior to the happening of such event, and the Exercise Price shall be correspondingly adjusted; provided, however, that no adjustment in the number of shares and/or the Exercise Price shall be required unless such adjustment would require an increase or decrease of at least one percent (1%) in such number and/or price; and provided further, however, that any adjustments which by reason of this Section 11 are not required to be made shall be carried forward and taken into account in any subsequent adjustment. An adjustment made pursuant to this Section 11 shall become effective immediately after the record date in the case of a stock dividend or other distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or reclassification. The Holder shall be entitled to participate in any subscription or other rights offering made to holders of Common Stock as if he, she or it had purchased the full number of shares as to which the Warrant remains unexercised immediately prior to the record date for such rights offering.

  • 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:

  • Equitable Adjustments (1) If the Contracting Officer confirms that Government conduct effected a change as alleged by the Contractor, and the conduct causes an increase or decrease in the Contractor's cost of, or the time required for, performance of any part of the work under this contract, whether changed or not changed by such conduct, an equitable adjustment shall be made-- (i) In the contract price or delivery schedule or both; and (ii) In such other provisions of the contract as may be affected. (2) The contract shall be modified in writing accordingly. In the case of drawings, designs or specifications which are defective and for which the Government is responsible, the equitable adjustment shall include the cost and time extension for delay reasonably incurred by the Contractor in attempting to comply with the defective drawings, designs or specifications before the Contractor identified, or reasonably should have identified, such defect. When the cost of property made obsolete or excess as a result of a change confirmed by the Contracting Officer under this clause is included in the equitable adjustment, the Contracting Officer shall have the right to prescribe the manner of disposition of the property. The equitable adjustment shall not include increased costs or time extensions for delay resulting from the Contractor's failure to provide notice or to continue performance as provided, respectively, in (b) and (c) above.

  • 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.

  • 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.

  • Annual 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.

  • Additional Adjustments In the event that there is any change in the outstanding Shares for which an adjustment is not provided by Sections 6.1. or 6.2. of this Agreement, and the Options are then unexercised, the Committee may, in its sole discretion, require an adjustment in the number or kind of Shares or securities subject to the Options and the Option Price and such adjustment shall be binding and effective for all purposes hereof.

  • Fee Adjustments The fixed fees and other fees expressed as stated dollar amounts in this Schedule C and in this Agreement are subject to annual increases, commencing on the one-year anniversary date of the date of this Agreement, in an amount equal to the percentage increase in consumer prices for services as measured by the United States Consumer Price Index entitled “All Services Less Rent of Shelter,” or a similar index should such index no longer be published, since such one-year anniversary or since the date of the last fee increase, as applicable.

  • Cost Adjustments Both parties agree that contracted prices shall be fixed for the first 12 months of this Contract. Contractor must submit to District any proposed cost adjustments at least 60 days before the proposed effective date of such increases with a detailed explanation for each adjustment. District alone reserves the right to reject any changes to this Contract it deems unacceptable.

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