Capital Adjustment definition

Capital Adjustment means an adjustment factor to be included in the calculation of the

Capital Adjustment means an adjustment factor to be included in the calculation of thePrice which is agreed from time to time by the Commodity Contract Counterparties and the Issuer

Capital Adjustment is defined in Section 2.4.4.

Examples of Capital Adjustment in a sentence

• 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.

• 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, 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").

• Following the payment of the full amount of the Series RP Liquidation Preference and the Capital Adjustment in respect of all outstanding shares of Series RP Preferred Stock and Common Stock, respectively, holders of Series RP 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.

• Promptly after the end of each month, Xxxx shall determine the Monthly Working Capital Adjustment.

More Definitions of Capital Adjustment

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 Security Agreement and the CGML Control...

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:

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 means an amount calculated (i) in relation to the Issue Price for Debentures to be issued after the First Issue Date and (ii) in relation to the Repayment Price for Debentures repaid pursuant to Clause 9.1 (Ordinary repayment), repurchased pursuant to Clause 9.2 (Voluntary repurchase through tender offer by the Issuer) and repaid pursuant to Clause 14.4. The Capital Adjustment (CA) shall be calculated in accordance with the following formula: 𝐶𝐴 = (𝑃𝑉 − 1) 𝑥 𝑅𝐵𝐴𝑇𝐵𝐴 PV = (i) in relation to Debentures to be issued pursuant to Clause 4 (Issue of Debentures), the Portfolio Value on the last day of the month in which they are issued, (ii) in relation to Debentures repaid pursuant to Clause 9.1 (Ordinary repayment), the Portfolio Value on the Repayment Date, (iii) in relation to Debentures repurchased pursuant to Clause 9.2 (Voluntary repurchase through tender offer by the Issuer), the Portfolio Value on the Prepayment Date and (iv) in relation to Debentures repaid pursuant Clause 14.4, the Portfolio Value when the Manager has sold a sufficient number of Mortgage Loans to generate the funds necessary to repay such Debentures. TBA = the Total Base Amount on the relevant date RBA = the relevant Base Amount for which the Capital Adjustment shall be calculated “Change of Control Event” means:

Capital Adjustment shall be Assignor's percentage share of any capital contributions from the date hereof until the Closing with respect to the Partnership Interest, decreased by Assignor's percentage share of any distributions from the date hereof until the Closing with respect to the Partnership Interest. The "Loan Receivable Payment" shall be Assignor's percentage share of the amount paid at Closing to repay the Loan Receivable as set forth in Section 2 of this Agreement.

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;