Effective Date of Adjustment definition

Effective Date of Adjustment. Such adjustment shall become effective on the date that such Distribution is actually made or if a record date is fixed therefor, immediately after such record date.
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Effective Date of Adjustment. Such adjustment shall become effective after the close of business on the Record Date for such issuance of Class A Ordinary Shares. If any dividend or distribution of the type described in this Section 10(b)(2) is declared but not so issued, the Conversion Price shall be immediately readjusted, effective as of the date the Board of Directors determines not to pay such dividend or distribution, to the Conversion Price that would then be in effect if such dividend or distribution had not been declared.
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Effective Date of Adjustment. Such adjustment shall become effective after the close of business on the Record Date for such Cash Dividend or Distributed Property. If any Cash Dividend or Distributed Property described in this Section 10(b)(3) is declared but not so paid, the Conversion Price shall be immediately readjusted, effective as of the date the Board of Directors determines not to pay such Cash Dividend or Distributed Property, to the Conversion Price that would then be in effect if such Cash Dividend or Distributed Property had not been declared. Notwithstanding the foregoing, if “B” (as defined above) is equal to or greater than “A” (as defined above), in lieu of the foregoing adjustment, the Holder shall receive, at the same time and upon the same terms as holders of Class A Ordinary Shares, the Cash Dividend or the amount and kind of Distributed Property the Holder would have received with respect to Class A Ordinary Shares issuable upon conversion of this Note as if this Note were converted by the Holder immediately prior to the Record Date for such Cash Dividend or Distributed Property.
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Examples of Effective Date of Adjustment in a sentence

  • Effective Date of Adjustment Residents will be notified in writing of any rent adjustments including the effective date of the adjustment.

  • Employee’s annual Regular Compensation shall be changed to the last such amount shown below as of the corresponding Effective Date of Adjustment.

  • If a change in Regular Compensation is entered on Schedule 4 attached hereto and duly signed by the proper officers of Bank and by Employee, said entry shall constitute an amendment to this Agreement as of the date of said entry and, as of the Effective Date of Adjustment entered on said Schedule 4, shall supersede the Regular Compensation provided for above and any other change or changes in such Regular Compensation previously entered on said Schedule 4.

  • Effective Date of Adjustment: First pay period beginning on or after June 1, 2014 and at three (3) calendar month intervals thereafter to March 1, 2017.

  • Effective Date of Adjustment: Such adjustment shall become effective on the date of issue of such Shares or issue or grant of such options, warrants or other rights (as the case may be).

  • Effective Date of Adjustment: First pay period beginning on or after June 1, 2008 and at three (3) calendar month intervals thereafter to March 1, 2011.

  • In addition, in recent years, major symphony orchestras have faced varying degrees of economic difficulties, most notably the bankruptcy of the Philadelphia Orchestra in 2011.

  • Effective Date of Adjustment: Such adjustment shall become effective on the date of issue of such additional Shares or, as the case may be, the grant of such options, warrants or other rights.

  • Effective Date of Adjustment: First pay period beginning on or after June 1, 2005 and at three (3) calendar month intervals thereafter to March 1, 2008.

  • Effective Date of Adjustment: Such adjustment shall become effective on the date of issue of such securities or, as the case may be, the grant of such rights.

Related to Effective Date of Adjustment

  • Effective Date of Settlement means: the date on which all of the conditions to settlement set forth in § 2 of this Settlement Agreement have been fully satisfied or waived and the Settlement shall have become Final.

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

  • 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.

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

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

  • Effective Date of Contract means the date established in the Contract for the Contractor’s work to begin, or the date the Contract has been fully executed and received all required approvals, whichever date is later.

  • Contract Term Adjustment means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection.

  • Term SOFR Adjustment means a percentage equal to 0.10% per annum.

  • Inflation adjustment means that term as defined in the master settlement agreement.

  • Adjustment Date As to each Adjustable Rate Mortgage Loan, each date on which the related Mortgage Rate is subject to adjustment, as provided in the related Mortgage Note.

  • LIBOR Adjustment Date With respect to any Payment Date, the second business day before the related Accrual Period begins. For this purpose, a “business day” is a day on which banks are open for dealing in foreign currency and exchange in London, New York City and Washington, D.

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • SOFR Adjustment Date means the second U.S. Government Securities Business Day before the first day of such Interest Period.

  • 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).

  • Capitalization Adjustment means any change that is made in, or other events that occur with respect to, the Common Stock subject to the Plan or subject to any Purchase Right after the date the Plan is adopted by the Board without the receipt of consideration by the Company through merger, consolidation, reorganization, recapitalization, reincorporation, stock dividend, dividend in property other than cash, large nonrecurring cash dividend, stock split, liquidating dividend, combination of shares, exchange of shares, change in corporate structure or other similar equity restructuring transaction, as that term is used in Financial Accounting Standards Board Accounting Standards Codification Topic 718 (or any successor thereto). Notwithstanding the foregoing, the conversion of any convertible securities of the Company will not be treated as a Capitalization Adjustment.

  • Retroactive Date means the date specified in the Schedule.

  • Initial Adjustment Date As to any Adjustable Rate Mortgage Loan, the first Adjustment Date following the origination of such Mortgage Loan.

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Initial Reference Price means the official closing price of the Underlying Share on Strike Date.

  • Final Reference Pricei means the official closing price of the Underlyingi on the Determination Date;

  • Nodal Reference Price at each location shall mean the 97th percentile price differential between day-ahead and real-time prices experienced over the corresponding two-month reference period in the prior calendar year. Reference periods will be Jan-Feb, Mar-Apr, May- Jun, Jul-Aug, Sept-Oct, Nov-Dec. For any given current-year month, the reference period months will be the set of two months in the prior calendar year that include the month corresponding to the current month. For example, July and August 2003 would each use July- August 2002 as their reference period.

  • Effective Date of Coverage means the date of commencement of Coverage in respect of a Life Insured under the Policy pursuant to the provision on Commencement of Coverage.

  • Adjustment Year has the meaning ascribed to said phrase under Section 6225(d)(2) of the Code.

  • Effective date of enrollment means the first date when an en- rollee is entitled to receive covered benefits.

  • Adjusted Conversion Price means the lesser of the Fixed Conversion Price or the Floating Conversion Price one day prior to the record date set for the determination of stockholders entitled to receive dividends, distributions, rights or warrants as provided for in Sections 4(c)(ii), (iii) and (iv).

  • Adjustment Events the Partnership makes a distribution on all outstanding OP Units in Partnership Units, (B) the Partnership subdivides the outstanding OP Units into a greater number of units or combines the outstanding OP Units into a smaller number of units, or (C) the Partnership issues any Partnership Units in exchange for its outstanding OP Units by way of a reclassification or recapitalization of its OP Units. If more than one Adjustment Event occurs, the adjustment to the Class B Units need be made only once using a single formula that takes into account each and every Adjustment Event as if all Adjustment Events occurred simultaneously. For the avoidance of doubt, the following events shall not be Adjustment Events: (x) the issuance of Partnership Units in a financing, reorganization, acquisition or other similar business transaction, (y) the issuance of Partnership Units pursuant to any employee benefit or compensation plan or distribution reinvestment plan, or (z) the issuance of any Partnership Units in respect of a capital contribution to the Partnership, including a contribution by the General Partner of proceeds from the sale of securities by the General Partner. If the Partnership takes an action affecting the OP Units other than actions specifically described above as Adjustment Events and, in the opinion of the General Partner such action would require an adjustment to the Class B Units to maintain the one-to-one correspondence described above, the General Partner shall have the right to make such adjustment to the Class B Units, to the extent permitted by law, in such manner and at such time as the General Partner, in its sole discretion, may determine to be appropriate under the circumstances. If an adjustment is made to the Class B Units as herein provided, the Partnership shall promptly file in the books and records of the Partnership an officer’s certificate setting forth such adjustment and a brief statement of the facts requiring such adjustment, which certificate shall be conclusive evidence of the correctness of such adjustment absent manifest error. Promptly after the filing of such certificate, the Partnership shall mail a notice to each holder of Class B Units setting forth the adjustment to his, her or its Class B Units and the effective date of such adjustment.