Basis of Adjustment definition

Basis of Adjustment means the written terms upon which Adjustment is implemented;
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Examples of Basis of Adjustment in a sentence

  • If an Adjustment Rate and a Basis of Adjustment are shown in Section 6, Item A.

  • THIS CERTIFICATE REPRESENTS THE SEPARATE COMPONENTS EACH OF WHICH IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT" (A "REMIC"), AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE").

  • At the end of each period of insurance, depending upon the Basis of Adjustment set out in the policy schedule, you must declare to us in writing the total number of vehicles or current market value / agreed value / sum insured value of all vehicles (as the case may be) at risk, at such expiry date.

  • You shall at all times allow us to inspect such records.In respect to cover section 1 and depending upon the Basis of Adjustment set out in the policy schedule, you must declare to us in writing the total number of vehicles or current market value / sum insured value of all vehicles (as the case may be) at risk, at such expiry date.

  • The deletion of Section 13(3) will ensure that Presbyteries take action initially to amend the Presbytery Plan so that any subsequent Basis of Adjustment does not differ from that plan.

  • If an Adjustment rate and a Basis of Adjustment are shown in the endorsement, the Minimum Cost will be determined by multiplying the Adjustment Rate by the actual Basis of Adjustment as determined by our final audit of your books and records.

  • A minister need not give notice of intention to demit if demitting because of reaching the statutory retirement age, nor if demitting in terms of a Basis of Adjustment, but in these circumstances the same procedure should be followed as far as applicable.

  • The Employee Reserved Shares are being offered out of the Hong Kong Public Offering but are not subject to the clawback mechanism as set out in the section headed “Structure of the Global Offering – Basis of Adjustment of the Offer Shares” in the Prospectus.

  • At the end of each period of insurance, depending upon the Basis of Adjustment set out in the policy schedule, you must declare to us in writing the total number of vehicles or current market value / sum insured value of all vehicles (as the case may be) at risk, at such expiry date.

  • Water Leaks.4. Basis of Adjustment: Adjustments will be made based on the customers' "normal usage" which is calculated as the average number of gallons used during the previous twelve (12) billing periods.

Related to Basis of Adjustment

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

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

  • 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.

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

  • No Adjustment means that the relevant date shall not be adjusted in accordance with any Business Day Convention;

  • Basis Adjustment means the adjustment to the basis of a Reference Asset for Income Tax purposes under Section 1012, 754, 732, 734(b), and/or 743(b) of the Code, as a result of an Exchange or a payment made pursuant to this Agreement (to the extent permitted by applicable law).

  • ISDA Fallback Adjustment means the spread adjustment (which may be a positive or negative value or zero) that would apply for derivatives transactions referencing the ISDA Definitions to be determined upon the occurrence of an index cessation event with respect to the Benchmark for the applicable tenor.

  • 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.

  • Adjustments means all discounts, allowances, returns, disputes, counterclaims, offsets, defenses, rights of recoupment, rights of return, warranty claims, or short payments, asserted by or on behalf of any Account Debtor with respect to any Purchased Receivable.

  • Adjustment means each form of adjustment to consideration provided for in this clause.The parties acknowledge that the consideration under this Contract is inclusive of GST, where GST is calculated using the GST rate at the time of forming this Contract.The Contractor shall provide the Recipient with a Tax Invoice and/or adjustment notes in relation to the supply prior to an amount being paid by the Recipient under this Contract, and shall do all things reasonably necessary to assist the Recipient to enable it to claim and obtain any Input Tax Credit available to it in respect of a Supply.Where the GST rate is changed after the date of formation of this Contract the consideration under this Contract will be increased or decreased so that the consideration remains inclusive of GST, with GST calculated using the new GST Rate from the date of the change of the GST Rate that applies at the date of formation of this Contract. PrivacyFor the purposes of this Clause unless the context otherwise requires:

  • 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:

  • Spread Adjustment means 100 basis points.

  • Market Value Adjustment means, on a given date, an amount equal to the lesser of (x) 98% and (y) a percentage determined according to the following formula: Market Value Adjustment = 98% – [(10yrCMTt – 10yrCMTlaunch) ×Duration], where 10yrCMTt = the 10-Year Treasury Constant Maturity Rate published each business day by the Board of Governors of the Federal Reserve System, or, if such rate ceases to be published, a successor rate reasonably determined by the Trustees (the “10-Year CMT”), on such repurchase date; 10yrCMTlaunch = the 10-Year CMT as of the end of the Initial Offering Period; and Duration = an estimate of the duration of the periodic interest payments of a hypothetical coupon-paying U.S. Government Security with a 25-year maturity, calculated by the Trust’s Investment Manager as of the end of the Initial Offering Period;

  • Value Adjustments means cash lending revenues and other revenues on collateral in respect of a Series of ETP Securities.

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

  • Discount Range Proration has the meaning set forth in Section 2.05(a)(v)(C)(3).

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

  • 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).

  • 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;

  • MFN Adjustment has the meaning specified in Section 2.14(b).

  • Final Adjustment has the meaning set forth in Section 10.3.B(2) hereof.

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

  • 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.

  • 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.

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

  • Affected Gain has the meaning set forth in subparagraph 4(b) of Exhibit B.