Bad Debt Adjustment definition

Bad Debt Adjustment shall have the meaning set forth in Section 4.01(b).
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Bad Debt Adjustment means, with respect to the first Annual Period, fifty (50%) percent of the amount of gross revenues generated during the period commencing on August 1, 1997 and ending on January 31, 1998 that are not collected on or prior to July 31, 1998; with respect to the second Annual Period, fifty (50%) percent of the amount of gross revenues generated during the period commencing on February 1, 1998 and ending on January 31, 1999 that are not collected on or prior to July 31, 1999; and with respect to the third Annual Period, fifty (50%) percent of the amount of gross revenues generated during the period commencing on February 1, 1999 and ending on January 31, 2000 that are not collected on or prior to July 31, 2000.
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Bad Debt Adjustment has the meaning set forth in Clause 5.1(d) of this Agreement. "Base Management Fee" means a fee calculated as follows:
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Examples of Bad Debt Adjustment in a sentence

  • How to define “dangerous:” 2 approaches NOTE: Limitation imposed only when felony is not enumerated (e.g. in states that have 2nd degree FM).

  • Bad Debt Adjustment: The FFS component of the CY 2019 Medicare A/B baseline rate has been updated to reflect a 1.94% upward adjustment to account for the disproportionate share of bad debt attributable to Medicare-Medicaid enrollees in Medicare FFS (in the absence of the Demonstration).

  • Within two hundred ten (210) days after the end of the eighth Measurement Period, Buyer will provide to Seller documentation of the calculation of the Bad Debt Adjustment Amount and in accordance with this Agreement.

  • To the extent Buyer subsequently determines it has overpaid Seller under this Section 1.5(b), such overpayment shall be credited against payments owed by Buyer to Seller in any subsequent Measurement Period, or if no additional payments are due hereunder, such overpayment shall be refunded by Seller to Buyer as provided in the Bad Debt Adjustment Amount calculation provided in Section 1.5(c).

  • The NOI Bad Debt Adjustment in each calendar quarter shall be subject to Lender’s review and approval, which shall not be unreasonably withheld.

  • The payment of the Bad Debt Adjustment Amount due from Buyer shall be made by Buyer within two hundred ten (210) days following the end of the eighth Measurement Period.

  • To the extent the Bad Debt Adjustment Amount is a negative number, Buyer shall pay Seller its share of the resulting amount as set forth in 1.5(a) above.

  • Any payment of the Bad Debt Adjustment Amount due from Seller shall be made by Seller within thirty (30) days following the receipt by Seller of the documentation of the calculation of Bad Debt Adjustment Amount as provided in Section 1.5(d).

  • Any Bad Debt Adjustment shall be offset first against the Additional Consideration, and if the Bad Debt Adjustment exceeds the Additional Consideration, then no Additional Consideration shall be due hereunder and Seller shall deliver to Purchaser an amount equal to such excess.

Related to Bad Debt Adjustment

  • 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.

  • 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;

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

  • Spread Adjustment means 100 basis points.

  • 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.

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

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

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

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

  • Working Capital Adjustment Amount means an amount, which may be positive or negative, calculated in accordance with Schedule C, equal to the difference of (a) the Closing Date Adjusted Working Capital minus (b) the Preliminary Adjusted Working Capital.

  • Consolidated Working Capital Adjustment means, for any period of determination on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

  • 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.

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

  • Closing Adjustment has the meaning set forth in Section 2.04(a)(ii).

  • Related Adjustment means, in determining any LIBOR Successor Rate, the first relevant available alternative set forth in the order below that can be determined by the Administrative Agent applicable to such LIBOR Successor Rate:

  • Tax Adjustment has the meaning set forth in Section 4.7.

  • Post-Closing Adjustment has the meaning set forth in Section 2.04(b)(ii).

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).

  • Working Capital Adjustment has the meaning set forth in Section 2.5(a).

  • Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater or less than the Base Working Capital, any such excess amount being treated as a positive number and any shortfall being treated as a negative number;

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

  • Cost of Living Adjustment or “COLA” means a percentage-based general wage increase adjustment provided in accordance with this memorandum of agreement. COLA is an upward adjustment applied to and folded into all wage rates. The "annualized average of BC CPI over twelve months” (AABC CPI) means the Latest 12-month Average Index % Change reported by BC Stats in March for British Columbia for the twelve months starting at the beginning of March in the preceding year and concluding at the end of the following February. The “Latest 12-month Average Index”, as defined by BC Stats, is a 12-month moving average of the BC consumer price indexes of the most recent 12 months. This figure is calculated by averaging index levels over the applicable 12 months. The Latest 12-month Average Index % Change is reported publicly by BC Stats in the monthly BC Stats Consumer Price Index Highlights report. The BC Stats Consumer Price Index Highlights report released in mid-March will contain the applicable figure for the 12 months concluding at the end of February. The percentage change reported by BC Stats that will form the basis for determining any COLA increase is calculated to one decimal point. For reference purposes only, the annualized average of BC CPI over 12 months from March 1, 2021 to February 28, 2022 was 3.4%.

  • 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).