Adjustment Quantity definition

Adjustment Quantity shall have the meaning given to such term in the Conveyance.
Sample 1Sample 2
Adjustment Quantity for each Month means the quantity (expressed in MMBtus) of Hydrocarbons determined by dividing the Payment Deficiency, if any, for the immediately preceding Month by the Spot Price for the Month of determination (i.e., in calculating the Adjustment Quantity for the Month of April, 2001, the Payment Deficiency for the Month of March, 2001 is divided by the Spot Price for the Month of April, 2001). "Affiliate" shall mean any entity which either directly or indirectly controls or manages, is controlled or managed by or is under common control or management with the party. For purposes hereof, "control" means the right or power to direct the policies of another through management authority, stock ownership delegated authority, voting rights or otherwise. "Assignment and Agreement" means that certain Assignment and Agreement executed April 12, 1996 from Medallion Production Company to InterCoast Global Management, Inc. and recorded in Volume 288, Page 428 of the Official Public Records of Xxxxxx County, Texas. "British Thermal Unit" or "Btu" means the amount of energy required to raise the temperature of one (1) pound of pure water one degree Fahrenheit (1(degree)
Sample 1
Adjustment Quantity means for each Month the quantity (expressed in Mcf Equivalent) of Hydrocarbons determined by dividing the Adjustment Amount as of the commencement of such Month (if greater than zero) by the Index Price for such Month.
Sample 1

Examples of Adjustment Quantity in a sentence

  • The quantity so calculated is hereafter referred to as the “DIVERSION Adjustment Quantity.” DIVERSION in the March - October period will not exceed the otherwise applicable March-October DIVERSION quantity, less the DIVERSION Adjustment Quantity.

  • Within 3 days of receipt of such statement of the Cumulative Imbalance Quantity, Shipper shall adjust its DNQ, through the Imbalance Adjustment Quantity, to reduce such Cumulative Imbalance Quantity to zero.

  • If Shipper fails to bring Shipper’s Imbalance Percentage within the required range, then Transporter shall have the right to adjust the nominations of Shipper to include an Imbalance Adjustment Quantity, without any liability under a GTA for Firm Services for Shortfall Quantity arising out of such adjustment.

  • Any Imbalance Adjustment Quantity shall be identified and nominated separately.

  • Make the adjustment in the Adjustment Quantity Field based upon whether you are performing an Asset increase or decrease.

  • Without limiting the generality of the foregoing, each Grantor agrees that, if on any Day for any reason there are insufficient Overriding Royalty Hydrocarbons produced and delivered from any Property to satisfy the Scheduled Amount of Overriding Royalty Hydrocarbons for such Property for such Day, any Basis Adjustment Amount and Adjustment Quantity resulting therefrom may be satisfied from other Properties whether owned by the same Grantor or another Grantor.

  • Subject to the provisions of the preceding subsection (a) and Sections 2.1, 2.2, 2.3, 3.6, 3.7(b) and 3.8, Working Interest Owner will use all commercially reasonable efforts to ensure that the rate of production from the Subject Wells, taken as a whole, is sufficient to allow the delivery to Royxxxx Owner of the Scheduled Quantity and the Adjustment Quantity for such Day.

  • Subject to the provisions of the preceding subsection (a) and Sections 2.1, 2.2, 2.3, 3.6, 3.7(b) and 3.8, Working Interest Owner will use all commercially reasonable efforts to ensure that the rate of production from the Subject Xxxxx, taken as a whole, is sufficient to allow the delivery to Royalty Owner of the Scheduled Quantity and the Adjustment Quantity for such Day.

  • Upon any such election by Working Interest Owner that is consented to by Royalty Owner (or for which, pursuant to the preceding sentence, no consent is required), such election will also be binding on the Production Payment as to the interest so temporarily or permanently forfeited but will not cause any modification in the Scheduled Quantities or in any component of the Adjustment Quantity.

  • However, some conflicts of interests arose inside the Ministry of Capitalization because the Secretary of Pension Reform had the project ready in 1994 but it was not a priority for the Minister.


More Definitions of Adjustment Quantity

Adjustment Quantity with respect to a Transaction, has the meaning as defined in the Conveyance applicable to such Transaction.
Sample 1
Adjustment Quantity means, during each Month, the quantity of Oil determined by dividing the Monthly Adjustment Amount as of the commencement of such Month by the Field Price of Oil for such Month.
Sample 1
Adjustment Quantity means, during each Month, the quantity of Hydrocarbons (expressed in MMBtus of Gas and MMBtu Equivalents of Oil) determined by dividing the Monthly Adjustment Amount as of the commencement of such Month by the Field Price of Gas for such Month. Gas included in any Adjustment Quantity will be measured in MMBtus and Oil included in any Adjustment Quantity will be measured in MMBtu Equivalents.
Sample 1
Adjustment Quantity for each Property on each Day means the quantity (expressed in MMBtu) of Gas determined by dividing the Basis Adjustment Amount as of the commencement of such Day by the Spot Price of Gas for such Property on such Day. For deliveries occurring prior to the time such Spot Price for any Property on any Day is known, the price for the immediately preceding Day shall apply.
Sample 1
Adjustment Quantity for each Month means the quantity (expressed in MMBtus) of Hydrocarbons determined by dividing the Payment Deficiency, if any, for the immediately preceding Month by the Spot Price for the Month of determination (i.e., in calculating the Adjustment Quantity for the Month of April, 2001, the Payment Deficiency for the Month of March, 2001 is divided by the Spot Price for the Month of April, 2001).
Sample 1
Adjustment Quantity has the meaning ascribed to it in Article 5.7(B)(3)(c).
Sample 1

Related to Adjustment Quantity

  • 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.

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

  • Purchase Price Adjustment has the meaning set forth in Section 2.6.

  • Type B quantity means a quantity of radioactive material greater than a Type A quantity.

  • Contract Quantity means the quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in the Cover Sheet.

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

  • Share Delivery Quantity For any Settlement Date, a number of Shares, as calculated by the Calculation Agent, equal to the Net Share Settlement Amount for such Settlement Date divided by the Settlement Price on the Valuation Date for such Settlement Date.

  • 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.

  • Daily Quantity means the quantity of waste discharged during an operating day.

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

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • 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 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.

  • 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.

  • 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 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:

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

  • Open Market Adjustment Amount shall have the meaning specified in Section 2(I).

  • Type A quantity means a quantity of radioactive material, the aggregate radioactivity of which does not exceed A1 for special form radioactive material or A2 for normal form radio- active material, where A1 and A2 are given in Appendix O or may be determined by procedures described in Appendix O.

  • Adjustment Escrow Amount means $1,000,000.

  • Adjustment Request means any formal or informal claim or request filed with any Tax Authority, or with any administrative agency or court, for the adjustment, refund, or credit of Taxes, including (a) any amended Tax Return claiming adjustment to the Taxes as reported on the Tax Return or, if applicable, as previously adjusted, (b) any claim for equitable recoupment or other offset, and (c) any claim for refund or credit of Taxes previously paid.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • 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.

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