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.

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

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.

Examples of Distribution Adjustment in a sentence

The Managing Member may adopt any reasonable measures, conventions, and assumptions to give effect to the allocations required by this Section 5.04 for any Distribution Adjustment Period or any Post-Flip Date Distribution Period.
For the avoidance of doubt, the Independent Accountant shall not review any line items or make any determination with respect to any matter other than those matters in the Notice of Distribution Adjustment Disagreement that remain in dispute.
Within 30 days after the submission of such matters to the Independent Accountant, or as soon as practicable thereafter, the Independent Accountant, acting as an expert and not as an arbitrator, will make a final determination, binding on the Parties, on the basis of the Agreed Valuation Principles and in accordance with this Section 2.4(f), of the appropriate amount of each of the matters that remain in dispute with respect to the Notice of Distribution Adjustment Disagreement.
In their review, the Dispute Accountants shall consider only those items or amounts in the Annual Calculations as to which the Disputing Member has disagreed and shall be instructed that they may not resolve any items in dispute such that the Disputing Member’s Adjustment Percentage or Distribution Adjustment Amount, as applicable, is greater than the greatest amount proposed by the Disputing Member or less than the least amount proposed by the Accounting Member.
The Managing Member may adopt any reasonable measures, conventions, and assumptions to give effect to the allocations required by this Section 5.04 for any Distribution Adjustment Allocation Period.

More Definitions of Distribution Adjustment

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.

Distribution Adjustment means the adjustment of the Factor Adjustment Reference Price and the Factor Level during the Ordinary Daily Adjustment caused by distribution payments of the Underlying. On the ex-day of such distribution payment, the following adjustments will be affected: (i) the Factor Adjustment Reference Price will be reduced by the Relevant Distribution Amount; and (ii) the resulting Factor Level will be further decreased by an amount equal to the Relevant Distribution Amount multiplied by the Multiplier in effect immediately before this Ordinary Daily Adjustment and divided by the resulting Multiplier of this Ordinary Daily Adjustment. The Relevant Distribution Amount is equal to the Net Distribution of the Underlying.

Distribution Adjustment means the adjustment of the Strike

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 and Barrier caused by distribution payments of the Underlying.

Distribution Adjustment means, with respect to any period for which such amount is to be determined, the sum of (x) the cumulative aggregate per share amount of all cash dividends or distributions made by or on behalf of the Company in respect of a share of Common Stock during such period (or, as to any such share held as a treasury share by the Company, which would have been so distributed by the Company had such share been held by a person other than the Company) plus (y) the cumulative aggregate per share amounts of any other net payments or distributions made to all or any holders of the Common Stock which are determined by the Committee to constitute in substance payments or distributions made by or on behalf of the Company in respect of the Common Stock or any other equity security of the Company (other than any payments or distributions for which an adjustment has been made pursuant to Section 7 hereof) during such period plus (z) an assumed investment return in respect of any amounts included pursuant to clause (x) or clause (y) above, which assumed return shall be determined over the period from the date of such dividend, distribution or other payment through the date of determination of the Share Appreciation Amount and shall be based upon the Share Appreciation Hurdle. 4 (B) Type B Options. Except as otherwise may be specified by the Committee in writing, each Type B Option granted under the Plan shall vest in full on the fourth anniversary of the Grant Date therefor provided that the Optionee has been continuously employed by the Company from the Grant Date until the date on which such Option is scheduled to vest. Each Type B Option, to the extent vested, shall become exercisable only if the Intrinsic Value Appreciation Amount (as hereinafter defined) for the period from the Grant Date until the Initial Exercisability Date exceeds the Intrinsic Value Appreciation Hurdle (as hereinafter defined) determined with respect to the same period, or, in the event such condition is not satisfied with respect to the Initial Exercisability Date, on any Subsequent Exercisability Date in respect of which the Intrinsic Value Appreciation Amount for the period from the Grant Date until the such Subsequent Exercisability Date shall exceed the Intrinsic Value Appreciation Hurdle determined with respect to the same period and provided that the Optionee therefor shall remain a full-time employee of the Company on such Subsequent Exercisability Date. Vested Type B Options which do not bec...

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