Adjustment Floor definition

Adjustment Floor has the meaning specified in Section 13.12(f)(iii).
Adjustment Floor shall have the meaning set forth in Section 3.2(d).
Adjustment Floor means $4.17, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Common Stock.

Examples of Adjustment Floor in a sentence

  • The adjusted Adjustment Cap or Adjustment Floor, as the case may be, shall equal the Adjustment Cap or Adjustment Floor, as the case may be, applicable immediately prior to such adjustment, multiplied by a fraction, (i) the numerator of which is the Exchange Rate immediately prior to the adjustment giving rise to the adjustment and (ii) the denominator of which is the Exchange Rate as so adjusted.

  • The Adjustment Cap and Adjustment Floor shall be adjusted as of any date on which the Exchange Rate of the Notes is adjusted pursuant to Section 13.06.

  • The Adjustment Cap and Adjustment Floor shall be adjusted as of any date on which the Exchange Rate of the Notes is adjusted pursuant to Section 13.03.

  • The present research project has been divided in to five main chapters; introduction, literature review, methodology, results and analysis and conclusion.

  • The Conference Report adopted the House provisions to: (1) ex- tend through 2012 the Medicare Work Geographic Adjustment Floor; (2) extend through 2012 the Qualifying Individual (QI) pro- gram; (3) extend through 2012 Transitional Medical Assistance; and (4) rebase Medicaid Disproportionate Share Hospital (DSH) Al- lotments in FY 2021.

  • The Company may at any time during the term of this Warrant reduce the then current Exercise Price to any amount and for any period of time deemed appropriate by the Board of Directors of the Company, provided that no such voluntary adjustment shall reduce the Exercise Price to less than the Adjustment Floor.

  • The Adjustment Cap and Adjustment Floor shall be adjusted as of any date on which the Exchange Rate of the Notes is adjusted pursuant to Section 14.03.

  • From and after the occurrence of an Adjustment Event which results in the Adjustment Floor being exceeded, Seller shall cure (or agree to an adjustment in the Purchase Price relating to the affected Asset) all Adjustment Events, each of which shall be resolved in accordance with the further provisions of this Section 20.3.

  • No adjustment pursuant to this Section 7 shall cause the Conversion Price to be less than $[ ]2 (as adjusted for any stock dividend, stock split, stock combination, reclassification or similar transaction occurring after the date of the Securities Purchase Agreement) (the “Conversion Adjustment Floor Price”).


More Definitions of Adjustment Floor

Adjustment Floor is defined in Section 8.6(a).
Adjustment Floor means that the cost of curing all Adjustment Events exceeds $1,900,000.00. As used in this Section 20.3, "cost of curing" means the reasonable cost to cure the matter constituting the Adjustment Event or, if the Adjustment Event is either not curable or the cure does not fully restore the value of the affected Asset to its pre-Adjustment Event value, the reduction in the value of the affected Asset. Without limitation of the foregoing, "costs of curing" include, to the extent applicable (i) Restoration Costs and loss of rental income caused by a casualty to the extent not paid from insurance proceeds and (ii) condemnation damages to the extent not paid by the condemning authority.
Adjustment Floor means $3,165,000.
Adjustment Floor shall be equal to the Base Rent payable for the month immediately preceding the date for such rent adjustment plus any cumulative and compounded increases for past adjustments of Base Rent which would have been paid by Lessee but for the application of the Adjustment Ceiling. The "ADJUSTMENT CEILING" shall be the amount per month for the respective months set forth below computed by multiplying the Building Area (determined under PARAGRAPH 48.1) by the respective Monthly Rent Per Foot set forth below, as follows: MONTHS AFTER THE RENT COMMENCEMENT DATE MONTHLY RENT PER FOOT --------------------------------------- ---------------------- 1-18, inclusive $1.55 19-36, inclusive $1.60 37-54, inclusive $1.65 55-72, inclusive $1.70 73-90, inclusive $1.75 91-108, inclusive $1.80 109-126, inclusive $1.85 127-144, inclusive $1.95 145-156, inclusive $2.00 157-174, inclusive $2.05 175-180, inclusive $2.10

Related to Adjustment Floor

  • Adjustment Price means the lowest Underlying Price within the Adjustment Period after the Underlying Price is for the first time equal to or below the Adjustment Threshold.

  • Adjustment Date As to each Adjustable Rate Mortgage Loan, each date on which the related Mortgage Rate is subject to adjustment, as provided in the related Mortgage Note.

  • Adjustment Fraction shall have the meaning set forth in Section 11(a)(i) hereof.

  • Adjustment Factor means, with respect to a share of the Fund (or one unit of any other security for which a Fund Closing Price must be determined), 1.0, subject to adjustment in the event of certain events affecting the shares of the Fund. See “—Anti-dilution Adjustments Relating to the Fund; Alternate Calculation —Anti-dilution Adjustments” below.

  • XXXXX Adjustment means, with respect to XXXXX, 0.0326% per annum.

  • RENT ADJUSTMENT Any amounts owed by Tenant for payment of Operating Expenses. The Rent Adjustments shall be determined and paid as provided in Article Four.

  • Interest Adjustment Rate means the interest adjustment rate assigned to the Security. The initial Interest Adjustment Rate is the interest adjustment rate specified in the Table (the "Initial Interest Adjustment Rate").The Issuer may adjust, in its reasonable discretion pursuant to §315 BGB and in consideration of the relevant capital market practice and by acting in good faith (including market interest rates and the interest-rate expectations of the market), the Interest Adjustment Rate, including the Initial Interest Adjustment Rate, on any Scheduled Trading Day within the range (deviation (+) or (-)) specified in the Table for any given Security. The adjusted rate will be published without undue delay in accordance with §12.

  • Lot line adjustment means the relocation of the property boundary line in a

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Adjustment Spread means either a spread (which may be positive or negative), or the formula or methodology for calculating a spread, in either case, which the Independent Adviser determines and which is required to be applied to the Successor Rate or the Alternative Rate (as the case may be) to reduce or eliminate, to the fullest extent reasonably practicable in the circumstances, any economic prejudice or benefit (as the case may be) to Noteholders as a result of the replacement of the Original Reference Rate with the Successor Rate or the Alternative Rate (as the case may be) and is the spread, formula or methodology which:

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • Price Adjustment means any and all price reductions, offsets, discounts, rebates, adjustments, and or refunds which accrue to or are factored into the final net cost to the hospital outpatient department or ambulatory surgical center.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Adjustment Period means the period from the Effective Date up to and including the Expiry Time;

  • Adjustment Notice has the meaning provided such term in Section 2.3(b).

  • Adjustment Day means the first calendar day in each month.

  • Adjustment Payment means, in respect of any Security, the payment (if any) determined by the Determination Agent as is required in order to reduce or eliminate, to the extent reasonably practicable, any transfer of economic value to or from the Issuer as a result of the replacement of the Index by the Alternative Pre-nominated Index. The Determination Agent may determine that the Adjustment Payment is zero.

  • Adjustment ratio means the value of index A divided by index

  • SNB Adjustment Spread means, with respect to the SNB Policy Rate, the spread to be applied to the SNB Policy Rate in order to reduce or eliminate, to the extent reasonably practicable under the circumstances, any economic prejudice or benefit (as applicable) to Noteholders as a result of the replacement of the Swiss Average Rate Overnight with the SNB Policy Rate for purposes of determining SARON, which spread will be determined by the Calculation Agent, acting in good faith and a commercially reasonable manner, taking into account the historical median between the Swiss Average Rate Overnight and the SNB Policy Rate during the two year period ending on the date on which the SARON Index Cessation Event occurred (or, if more than one SARON Index Cessation Event has occurred, the date on which the first of such events occurred).

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • SOFR Adjustment means 0.10% (10 basis points).

  • LIBOR Adjustment Date With respect to any Payment Date, the second business day before the related Accrual Period begins. For this purpose, a “business day” is a day on which banks are open for dealing in foreign currency and exchange in London, New York City and Washington, D.

  • Credit Adjustment shall have the meaning specified in Section 3.02.

  • Term SOFR Adjustment means a percentage equal to 0.10% per annum.