Adjustment definition

Adjustment means each form of adjustment to consideration provided for in this clause.The parties acknowledge that the consideration under this Contract is inclusive of GST, where GST is calculated using the GST rate at the time of forming this Contract.The Contractor shall provide the Recipient with a Tax Invoice and/or adjustment notes in relation to the supply prior to an amount being paid by the Recipient under this Contract, and shall do all things reasonably necessary to assist the Recipient to enable it to claim and obtain any Input Tax Credit available to it in respect of a Supply.Where the GST rate is changed after the date of formation of this Contract the consideration under this Contract will be increased or decreased so that the consideration remains inclusive of GST, with GST calculated using the new GST Rate from the date of the change of the GST Rate that applies at the date of formation of this Contract. PrivacyFor the purposes of this Clause unless the context otherwise requires:
Adjustment means each form of adjustment to consideration provided for in this clause.
Adjustment has the meaning specified in Section 3.03(c).

Examples of Adjustment in a sentence

  • The general term used to describe a method of crediting the applicable Index Adjustment at the end of an Index Account Option Term.

  • A benchmark used to determine the Index Adjustment, if any, for a particular Index Account Option.

  • To execute an Intra-Term Performance Lock, the Owner must specify the Crediting Method, Index, Index Account Option term, Index Account Option Term Anniversary, and Index Adjustment Factor(s) of the Index Account Option(s) from which to execute the Intra-Term Performance Lock.

  • A Contract Option in which amounts are subject to an Index Adjustment after a specified period of time.

  • Partial Intra-Term Performance Locks for a given Crediting Method, Index, Index Account Option term, Index Account Option Term Anniversary and Index Adjustment Factor(s) will not be allowed.


More Definitions of Adjustment

Adjustment means an adjustment of any item of income, gain, loss, deduction, credit or any other item affecting Taxes of a taxpayer pursuant to a Final Determination.
Adjustment means any change in the Tax liability of a taxpayer, determined issue-by-issue or transaction-by-transaction, as the case may be.
Adjustment means an entry into an accounting record or a report showing a shipper/receiver difference or material unaccounted for.
Adjustment has the meaning assigned to such term in Section 2.14(b).
Adjustment means the use of the means provided by the system for vertical and/or horizontal aiming of the beam;
Adjustment means an amendment to a previously filed report on an obligation, and any additional payment or credit, if any, applicable thereto, to rectify an underpayment or overpayment on an obligation;
Adjustment has the meaning set forth in Section 2.15.