Capital Adjustment definition
Capital Adjustment means an adjustment factor to be included in the calculation of the
Capital Adjustment is defined in Section 2.4.4.
Capital Adjustment means an adjustment factor to be included in the calculation of the Multiplier which is agreed from time to time by the Commodity Contract Counterparties and the Issuer “Capital Adjustment Agreement” means agreements entitled “Capital Adjustment Agreement relating to Classic and Longer Dated Commodity Contracts” between the Issuer and a Commodity Contract Counterparty and includes the MLI Capital Adjustment Agreement and the CGML Capital Adjustment Agreement “CarbonSecurities” means the Carbon Micro Securities and the WisdomTree Carbon Individual Securities “category” means, in relation to Index Securities, the type of Index Security determined by the mix of different classes of Micro Securities comprised in the Index Security “CBOT” means The Board of Trade of the City of Chicago, Inc. “Central Bank” means the Central Bank of Ireland “cents” means United States cents, equal to one hundredth of a US Dollar “Certificated” or“Certificated Form” means not in Uncertificated Form “CGMH” means Citigroup Global Markets Holdings Inc., a corporation incorporated in the State of New York “CGML” means Citigroup Global Markets Limited, a company incorporated and registered in England and Wales with number 01763297 whose registered office is at Citigroup Centre, Canada Square, Canary Wharf, London E14 5LB, United Kingdom and includes its successors and assigns “CGML Capital Adjustment Agreement” means the agreement entitled “Capital Adjustment Agreement relating to Classic and Longer Dated Commodity Contracts” dated 29 June 2017 between the Issuer and CGML “CGML Control Agreement” means the collateral account control agreement entered into between the Issuer, CGML and the Securities Intermediary dated 29 June 2017 “CGML Facility Agreement” means the Facility Agreement dated 29 June 2017 between the Issuer and CGML “CGML Security Agreement” means the security agreement dated as of 29 June 2017 which is in relation to and supplements the CGML Facility Agreement and the CGML Short and Leveraged Facility Agreement “CGML Short and Leveraged Facility Agreement” means the agreement dated 29 June 2017 between the Issuer and CGML entitled “CGML Facility Agreement relating to Short and Leveraged Commodity Contracts” “CIP” means “Commodity Index Percentage” as defined in the Handbook from time to time “Citigroup Guarantee” means the guarantee dated 29 June 2017 given by CGMH to the Issuer in support of CGML’s payment obligations under the CGML Facility Agreement, the CGML Securit...
Examples of Capital Adjustment in a sentence
In the event, however, that there are not sufficient assets available to permit payment in full of the Capital Adjustment, then such remaining assets shall be distributed ratably to the holders of Common Stock.
Following the payment of the full amount of the Series A Liquidation Preference and the Capital Adjustment in respect of all outstanding shares of Series A Preferred Stock and Common Stock, respectively, holders of Series A Preferred Stock and holders of Common Stock shall receive their ratable and proportionate share of the remaining assets to be distributed in the ratio of the Adjustment Number to 1 with respect to such Preferred Stock and Common Stock, on a per share basis, respectively.
Revaluation gains are also depreciated, with an amount equal to the difference between current value depreciation charged on assets and the depreciation that would have been chargeable based on their historical cost being transferred each year from the Revaluation Reserve to the Capital Adjustment Account.
Following the payment of the full amount of the Series A Liquidation Preference, no additional distributions shall be made to the holders of shares of Series A Preferred Stock unless, prior thereto, the holders of shares of Common Stock shall have received an amount per share (the "Capital Adjustment") equal to the quotient obtained by dividing (i) the Series A Liquidation Preference by (ii) 100 (such number in clause (ii), the "Adjustment Number").
Any revaluation gains accumulated for the asset in the Revaluation Reserve are transferred to the Capital Adjustment Account.
More Definitions of Capital Adjustment
Capital Adjustment means the amendment of Sonus’ certificate of incorporation prior to the Effective Date such that, immediately following the Reverse Stock Split, the authorized share capital of Sonus consists of (i) that number of Sonus Common Shares as is equal to two times the Sonus Common Shares outstanding immediately following the Effective Time (including the Deposited Securities), and (ii) 5,000,000 Sonus Preferred Shares, or in each case such other number of Sonus Common Shares or Sonus Preferred Shares agreed upon by Sonus and OncoGenex prior to mailing the Proxy Statement;
Capital Adjustment shall be the difference between the aggregate statutory capital and surplus of Pyramid, as determined in accordance with SAP, applied in accordance with past practice for the prior quarterly statutory financial statements, as of the Valuation Date (as hereinafter defined) and the statutory capital and surplus at June 30, 2002 ($20,657,523).
Capital Adjustment means an adjustment required to be made firstly, as contemplated in section 4.2(12), secondly, in respect of the number of Closing Consideration Shares (solely as provided for in section 3.2(1)) and thirdly, in respect of the Sale Shares (solely as set out in the definition thereof), as the case may be, to be fair and equitable in the circumstances to the Parties, to give effect to, in a fair and equitable manner to the Parties, the occurrence or consummation of:
(a) any stock split, reverse stock split, subdivision, combination, reduction or consolidation of the relevant shares;
(b) the issuance of a stock dividend or distribution of the relevant shares or other securities convertible into the relevant shares to all or substantially all of the holders of the relevant shares;
(c) the issuance to all or substantially all the holders of the relevant shares of rights, options, warrants or other convertible securities to purchase the relevant shares or securities convertible into the relevant shares of the relevant company at any price, which results in the issuance of relevant shares;
(d) a change of the relevant shares into other shares or securities; and
(e) an amalgamation, merger, arrangement or similar combination with or into (including a transfer of the undertaking or assets of the relevant company as an entirety or substantially as an entirety to) another body corporate or other entity resulting in a change or exchange of the relevant shares into other shares or securities; which affects the capitalization of Eldorado or Sino Gold, as the case may be, during the applicable period, and for greater certainty,
(i) a Capital Adjustment does not include a Capital Adjustment arising from an acquisition of securities or a combination transaction involving Eldorado and Sino Gold; and
(ii) no adjustment shall be made in respect of options or rights granted pursuant to any director, officer or employee stock option plans or share purchase or other equity compensation plans adopted by the relevant company.
Capital Adjustment means that amount to be added to the minimum Consolidated Net Worth required to be maintained under Section 10.6.3 consisting of an amount equal to one hundred percent (100%) of the proceeds of each New Capital Offering conducted by the Company or any of its Subsidiaries, net of costs of issuance, on or after January 1, 2004, on a cumulative basis, less the aggregate principal amount (excluding any capitalized interest) of any Junior Capital which is retired, prepaid, or redeemed in connection with a New Capital Offering, provided, further, that the New Capital Adjustment shall not include the K-1 Replacement Offering to the extent the proceeds of the K-1 Replacement Offering are used to repurchase the K-1 Shares and the Company warrants held by K-1 and each other New Capital Offering to the extent the proceeds of such offering are used to repurchase stock of the Company.
Capital Adjustment means, in respect only of the Group Companies of the relevant Seller, the amount of the difference between the Working Capital and the Reference Working Capital, calculated in accordance with clause 4, and, if the Working Capital is greater than the Reference Working Capital, such amount shall be expressed as a positive number (or, if the Working Capital is less than the Reference Working Capital, such amount shall be expressed as a negative number); and Working Hours means 9.30am to 5.30pm in the relevant location on a Business Day.
Capital Adjustment means with respect to each class of Commodity Securities an adjustment factor to be included in the calculation of the Price which is agreed from time to time in respect of the corresponding class of Commodity Contracts by a Commodity Contract Counterparty and the Issuer;
Capital Adjustment means the amendment of Sonus' certificate of incorporation prior to the Effective Date such that, immediately following the Reverse Stock Split, the authorized share capital of Sonus consists of (i) that number of Sonus Common Shares as is equal to two times the Sonus Common Shares outstanding immediately following the Effective Time (including the Deposited Securities), and (ii) 5,000,000 Sonus Preferred Shares, or in each case such other number of Sonus Common Shares or Sonus Preferred Shares agreed upon by Sonus and OncoGenex prior to mailing the Proxy Statement;