Distribution Adjustment definition

Distribution Adjustment means the adjustment of the Factor Level and Protection Level caused by distribution payments of the Underlying. If the Underlying pays out distribution, the Calculation Agent will subtract the Distribution Amount from the Factor Level as well as from the Protection Level. The adjustment will be effective on the ex-distribution day.

Distribution Adjustment is defined in Section 2.3(a)(ii).

Distribution Adjustment means, with respect to each Subsidiary for a referenced period, the sum of (i) the amount of capital expenditures of such Subsidiary during the referenced period, not to exceed seventy-five percent (75.0%) of Cash Flow from Operations for such referenced period plus (ii) the principal payments on any indebtedness of such Subsidiary during such referenced period, whether related to capital or operating expenditures of such Subsidiary.

Examples of Distribution Adjustment in a sentence

• Refer to the Firm Rate Schedules which present both the delivery charge and cost of gas rates.Other Charges for Delivery ServiceThe customer must also pay such charges and adjustments as are set forth in the Company’s Local Distribution Adjustment Clause, as in effect from time to time and on file with the Commission.

• Refer to Page 92 of this Tariff for firm rate schedules which present both the delivery charge and cost of gas rates.Other Charges for Delivery ServiceThe customer must also pay such charges and adjustments as are set forth in the Company’s Local Distribution Adjustment Clause, as in effect from time to time and on file with the Commission.

• Refer to Page 90 or 91 of this Tariff for firm rate schedules which present both the delivery charge and cost of gas rates.Other Charges for Delivery ServiceThe customer must also pay such charges and adjustments as are set forth in the Company’s Local Distribution Adjustment Clause, as in effect from time to time and on file with the Commission.

• Refer to the Firm Rate Schedules which present both the delivery charge and cost of gas rates.Other Charges for Delivery ServiceThe customer must also pay such charges and adjustments as are set forth in the Company’s Local Distribution Adjustment Charge, as in effect from time to time and on file with the Commission.

• Entries to this account shall be determined as outlined in the Local Distribution Adjustment Clause, 220 C.M.R. 6.10.

More Definitions of Distribution Adjustment

Distribution Adjustment has the meaning set out in Schedule 6; Effective Date means 00.01 hours (London time) on 1 July 2005;

Distribution Adjustment means the adjustment of the Strike and Barrier caused by distribution payments of the Underlying.

Distribution Adjustment means the adjustment of the Strike and Barrier caused by distribution payments of the Underlying. If the Underlying pays out distribution, the Calculation Agent will subtract the Distribution Amount from the Strike as well as from the Barrier. The adjustment will be effective on the ex-distribution day.

Distribution Adjustment means an amount equal to the sum of distributions by the Company after January 1, 1997 through and including the Closing Date, as reflected on the Closing Balance Sheet, other than distributions to pay Taxes of shareholders of the Company attributable to income of the Company for calendar 1996.

Distribution Adjustment means the adjustment of the Strike

Distribution Adjustment shall have the meaning ascribed to such term in Section 2.5.

Distribution Adjustment means the adjustment of the Strike and Barrier caused by distribution payments of the Underlying. If the Underlying pays out distribution, the Calculation Agent will subtract the Distribution Amount from the Strike as well as from the Barrier. The adjustment will be effective on the ex-distribution day.[If any component of the Underlying pays out distributions, which are not reinvested by the Underlying, those distribution payments will be weighted according to the weighting of the corresponding component within the Underlying on the cum-distribution day and then be treated as distributions paid out by the Underlying itself on the ex-distribution day.]The “Financing Costs” of each Turbo Adjustment Date shall be the Financing Amount multiplied by the sum of (i) the Financing Rate and (ii) the Financing Rate Margin, subsequently divided by360 and multiplied by the number of calendar days since the immediately preceding Turbo Adjustment Date.The “Financing Amount” shall be [the Strike][the difference between (i) the Strike and (ii) the Turbo Adjustment Reference Price on the immediately preceding Turbo Adjustment Date][the difference between (i) zero and (ii) the Strike][the difference between (i) the Turbo Adjustment Reference Price on the immediately preceding Turbo Adjustment Date and (ii) the Strike].