Examples of Adjustment Consideration in a sentence
Board Of Adjustment Consideration Of Resolution 2018-04BOA Denying Variance From The Archuleta County Land Use Regulations For Horton On Lot 37, Block 13, Lake Pagosa ParkRequest to consider and approve a Resolution of the Board of Adjustment stating Findings denying the Horton Residence Height and Setback Variances in the PUD zone, Lot 37, Block 13, Lake Pagosa Park.
If the Actual Profit exceeds the Guaranteed Profit, no Adjustment Consideration will be payable to the Vendor by either the Target Companies or the Purchaser.
Should the Vendor default in paying the Adjustment Consideration and breach the terms of the undertaking, the Company shall, on a best effort basis, seek to resolve the matter on an amicable basis, failing which the Company will consider taking all necessary and reasonable legal actions to enforce the Profit Guarantee and the undertaking.
Consideration Of Appointment(S) To Board Of Adjustment- Consideration of appointment to fill existing term of Jack Cooper- Consideration of annual Chair/Vice-Chair appointmentsDocuments:1 J2 BOA APPOINTMENTS SUMMARY.PDF1 J2 BOA APPOINT CURRENT CHART-BOA.PDF1 J2 BOA APPOINT CANDIDATE CHART-BOA.PDF K.
Adjustment: Consideration I will be adjusted if the amount of the total consolidated assets (other than the Properties) of the Target Group less the total consolidated liabilities (other than the debts owed by the Target Group to the Vendor) of the Target Group (“Other Assets and Liabilities”) as at the Closing Date is either more or less than the amount of the Other Assets and Liabilities as at 30 June 2018, then an amount equivalent to such difference will be applied to the Consideration I.
The Vendor has signed a deed of undertaking on 10 May 2019 whereby the Vendor irrevocably and unconditionally agrees, undertakes and covenants to the Purchaser that the Vendor shall, on demand by notice in writing of the Purchaser to the Vendor, pay to the Purchaser the compensation payment in the event that the Adjustment Consideration is payable.
Although the Consideration will be fully paid to the Vendor upon Completion and the Guaranteed Profit only covers one financial year, in the event that the Target Companies fail to secure potential contracts and the required Guaranteed Profit is not reached, the Consideration will be adjusted downward by the Adjustment Consideration and, in any event, the Vendor has signed a deed of undertaking as detailed below.
In any event, should the Target Companies be unable to meet the Guaranteed Profit during the Guarantee Period, the Vendor shall be required to pay the Purchaser the Adjustment Consideration.
It is of the view of the Directors that the mechanism to secure any Adjustment Consideration payable from the Vendor is fair and reasonable, in the interests of the Company and its Shareholders as a whole and can help safeguard the Company’s assets.
Board Of Adjustment Consideration Of Request To Withdraw BP Production Company's Application For VarianceBP Production Company, through their advisor Carolynne C.