Timing of Adjustments. All adjustments to be made pursuant to this Section 4 shall be made as soon as practicable after the event giving rise to the adjustment and shall in each case be made in respect of installments of Basic Rent becoming due on and after the date such adjustment is made; provided that all adjustments to the Stipulated Loss Value Percentages, Termination Value Percentages and Early Buy-Out Percentages shall be effective immediately.
Appears in 3 contracts
Samples: Production System Lease Agreement (Lone Star Energy Plant Operations Inc), Eex Corp, Eex Corp
Timing of Adjustments. All adjustments to be made pursuant to this Section 4 shall be made as soon as practicable after the event giving rise to the adjustment and shall in each case be made in respect of installments of Basic Base Rent becoming due accruing on and after the date such adjustment is made; provided that all adjustments to the Stipulated Loss Value Percentages, Base Termination Value Percentages and Early Buy-Out Termination Value Percentages shall be effective immediately.
Appears in 1 contract
Samples: Production Platform Lease Agreement (Spinnaker Exploration Co)
