Examples of Adjustment Determination in a sentence
No Default or Event of Default has occurred and is continuing or would result from the consummation of the Transactions, and no Mandatory Prepayment Event or Adjustment Determination Period has occurred and is continuing or would result from the consummation of the Transactions.
Borrowers shall not declare or make, or agree to pay or make any Restricted Payments, or incur any obligation to do so, unless (x) no Default, Event of Default, Mandatory Prepayment Event, Collateral Call Trigger Event or Adjustment Determination Period shall have occurred and be continuing or would result therefrom and (y) the cash, securities or property so paid or distributed does not constitute, and is not required under the Margin Loan Documentation to be posted as, Collateral.
As soon as practicable, but in any event within 45 days after the Final Adjustment Determination Date, the Escrow Agent shall release to the Executive the Escrow Amount to the extent not previously applied by the Escrow Agent as necessary to satisfy the performance guarantees of this Article 3.
As of each Adjustment Determination Date, Distributor shall determine the applicable adjustment in accordance with the following table.
The rate as adjusted will apply to all sales or deliveries commencing on the first day of the Period following each Adjustment Determination Date, and will remain effective for that entire Period.
No Default, Event of Default, Mandatory Prepayment Event or Adjustment Determination Period has occurred and is continuing.
Net Current and Other Asset Value and (3) RP Net Current and Other Asset Value, respectively, in accordance with this Section 1.6(A) (collectively, the "Adjustment Determination").
Borrower shall not declare or make, or agree to pay or make any Restricted Payments, or incur any obligation to do so, unless (x) no Default, Event of Default, Mandatory Prepayment Event, Collateral Call Trigger Event or Adjustment Determination Period shall have occurred and be continuing or would result therefrom and (y) the cash, securities or property so paid or distributed does not constitute, and is not required under the Margin Loan Documentation to be posted as, Collateral.
Adjustment Determination Date: The term “Adjustment Determination Date” has the meaning specified in Section 10.04(i).
Within seventy-five (75) calendar days after the Closing Date, Buyer shall cause to be prepared and delivered to Seller a statement setting forth the Net Working Capital, after giving effect to the transactions contemplated hereby, as of the Adjustment Determination Effective Time, and the components and calculation thereof (the “Post-Closing Net Working Capital Statement”).