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: (a) for the first and second calendar month in any calendar quarter an estimated fee equal to the sum of: NOI per CEU Available Day for such month up to and including [*] per CEU Available Day multiplied by [*], plus ---- NOI per CEU Available Day for such month in excess of [*] per CEU Available Day up to and including [*] per CEU Available Day multiplied by [*], plus ---- NOI per CEU Available Day for such month in excess of [*] per CEU Available Day up to and including [*] per CEU Available Day multiplied by [*], plus ---- NOI per CEU Available Day for such month in excess of [*] per CEU Available Day multiplied by [*], multiplied by the CEU Available Days ------------- for such month; and
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Examples of Bad Debt Adjustment in a sentence

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

  • 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.

  • REDACTED Bad Debt Adjustment 5.2 Pre-Adjustment Owner Proceeds 5.3 Estimated Manager Fee 5.3 Note: Definitions used only for purposes of Clause 9.2 are not listed above.

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).

  • 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.

  • 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 2.2(a).

  • 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 has the meaning set forth in Section 2.1(b)(ii). Section 1.2

  • Consolidated Working Capital Adjustment means, for any period 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 shall have the meaning set forth in Section 2.5(e).

  • Working Capital Adjustment shall have the meaning set forth in Section 3.5(c)(i).

  • 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 means the percentage (if any) by which the Consumer Price Index for the month of October preceding the adjustment ex- ceeds the Consumer Price Index for the month of October one year before the month of October preceding date of the adjustment.

  • Allocated Loss Adjustment Expenses or “ALAE” means all court costs and court expenses; pre- and post-judgement interest; fees for service of process; attorneys’ fees; cost of undercover operative and detective services, costs of employing experts; costs for legal transcripts; costs for copies of any public records; costs of depositions and court-reported or recorded statements; costs and expenses of subrogation; and any similar fee, cost or expense reasonably chargeable to the investigation, negotiation, settlement or defense of a loss or a claim or suit against you, or to the protection and perfection of your or our subrogation rights.

  • Equity Adjustment means the dollar amount resulting by subtracting the Book Value, as of Bank Closing, of all Liabilities Assumed under this Agreement by the Assuming Bank from the purchase price, as determined in accordance with this Agreement, as of Bank Closing, of all Assets acquired under this Agreement by the Assuming Bank, which may be a positive or a negative number.

  • 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.