Value Adjustment Sample Clauses

Value Adjustment. The Borrower and the Banks have agreed to a one-time market value adjustment increase in the amount of $63,500,000.00 to the value of the assets of the Borrower as of the date of this Agreement, and the financial covenants set forth in Section 9.1, Section 9.4, Section 9.5 and Section 9.9 (including without limitation the Borrower's Consolidated Tangible Net Worth and the value of the Borrower's Consolidated Total Assets) shall for the term of this Agreement be tested against the market value of the Borrower's assets, based on such one-time market value adjustment, plus all real estate depreciation to such assets since the date of the Borrower's initial public offering.
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Value Adjustment. If the fair market value of the property described in Section 3.1(a)(i)(x) and (y) of the Distribution Agreement (the "XY Property") is
Value Adjustment. 60 Section 9.8. Annualization of Results. . . . . . . . . . . . . . 60
Value Adjustment. The Borrower and the Banks have agreed to a one-time market value adjustment to the Asset Value of each parcel of Real Estate as contained in SCHEDULE 3 attached hereto and by this reference incorporated herein, and the financial covenants set forth in Section 9.1, Section 9.4, Section 9.5 and Section 9.6 shall for the term of this Agreement be tested against the market value of each such parcel of Real Estate, based on such one-time market value adjustment. As so adjusted, the Asset Value of the Initial Unencumbered Operating Properties is $197,452,161.00 and the Asset Value of the Real Estate is $350,780,715.00. Within thirty (30) days of the Closing Date, the Borrower shall provide the Agent with a schedule listing the book value of each parcel of Real Estate.
Value Adjustment. 54- ---------------- Section 9.10. CBHS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . -55- ---- Section 9.11. Unencumbered Operating Properties. . . . . . . . . . . . . . . . . . . . . . . . -55- ---------------------------------
Value Adjustment. 56- Section 9.8. ANNUALIZATION OF RESULTS.........................-57-
Value Adjustment. The Borrower and the Banks have agreed to a one-time market value adjustment to the Asset Value of each parcel of Real Estate as contained in SCHEDULE 3 attached hereto and by this reference incorporated herein, and the financial covenants set forth in -Section-9.1, -Section-9.4, -Section-9.5 and -Section-9.6 shall for the term of this Agreement be tested against the market value of each such parcel of Real Estate, based on such one-time market value adjustment. As so adjusted, the Asset Value of the Initial Unencumbered Operating Properties is $110,689,687.00, and the Asset Value of the Real Estate is $269,416,009.00. Within thirty (30) days of the Closing Date, the Borrower shall provide the Agent with a schedule listing the book value of each parcel of Real Estate.
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Value Adjustment. (1) If, on one Banking Day, the aggregate loan amount of one of the parties falls short of the aggregate loan amount of the other party, then the former party shall at any time be entitled to require a value adjustment. The value adjustment shall be calculated as the difference between the aggregate loan amounts, and shall be paid if the minimum amount specified in no. 11 para. 7 has been reached.

Related to Value Adjustment

  • Market Value Adjustment 16 3.07 Transfer of Current Value from the Funds or AG Account ............ 17 3.08 Notice to the Certificate Holder .................................. 18 3.09 Loans ............................................................. 18 3.10 Systematic Withdrawal Option (SWO) ................................ 18 3.11

  • Share Adjustments If the Company's outstanding shares of Common Stock are increased or decreased or changed into or exchanged for a different number or kind of shares or other securities of the Company by reason of any recapitalization, reclassification, stock split, combination of shares, stock dividend, or transaction having similar effect, the Board shall proportionately and appropriately adjust the number and kind of shares that are subject to this Option and the Exercise Price Per Share, without any change in the aggregate price to be paid therefor upon exercise of this Option.

  • 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. SCHEDULE D SPECIAL DISTRIBUTION SERVICES AND FEES Services Fees

  • Multiple Adjustments For the avoidance of doubt, if an event occurs that would trigger an adjustment to the Conversion Rate pursuant to this Section 11 under more than one subsection hereof, such event, to the extent fully taken into account in a single adjustment, shall not result in multiple adjustments hereunder; provided, however, that if more than one subsection of this Section 11 is applicable to a single event, the subsection shall be applied that produces the largest adjustment.

  • Price Adjustment No adjustment in the per share Exercise Price shall be required unless such adjustment would require an increase or decrease in the Exercise Price of at least $0.01; provided, however, that any adjustments which by reason of this paragraph are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 2 shall be made to the nearest cent or to the nearest 1/100th of a share, as the case may be.

  • CPI Adjustment The fixed fees and other fees expressed as stated dollar amounts in this schedule and in the Agreement shall be increased annually commencing on the one-year anniversary date of the Effective Date by the percentage increase since the Effective Date 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.

  • 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.

  • 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:

  • Performance Adjustment One-twelfth of the annual Performance Adjustment Rate will be applied to the average of the net assets of the Portfolio (computed in the manner set forth in the Fund's Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month and the performance period.

  • Minimum Adjustment The adjustments required by the preceding sections of this Article IV shall be made whenever and as often as any specified event requiring an adjustment shall occur, except that no adjustment of the Exercise Price or the number of shares of Common Stock issuable upon exercise of the Warrants that would otherwise be required shall be made unless and until such adjustment either by itself or with other adjustments not previously made increases or decreases by at least 1% the Exercise Price or the number of shares of Common Stock issuable upon exercise of the Warrants immediately prior to the making of such adjustment. Any adjustment representing a change of less than such minimum amount shall be carried forward and made as soon as such adjustment, together with other adjustments required by this Article IV and not previously made, would result in a minimum adjustment. For the purpose of any adjustment, any specified event shall be deemed to have occurred at the close of business on the date of its occurrence. In computing adjustments under this Article IV, fractional interests in Common Stock shall be taken into account to the nearest one-hundredth of a share.

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