Cost Adjustments definition

Cost Adjustments means the pro forma adjustment of EBITDA to take into account net cost savings and other reasonable cost synergies realisable by the Group during the Reference Period as a result of acquisitions and/or disposals of entities during the relevant Reference Period, provided that such Cost Adjustments (a) have been confirmed by a reputable accounting firm and the Issuer has provided evidence thereof to the Agent, and (b) are specified in the relevant Compliance Certificate.

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Cost Adjustments means for each year following the first year of the Support Services, HONEYWELL, may, in its sole discretion, increase the annual Operational Cost Savings in an amount matching the adjustment to the Support Services fee.

Cost Adjustments means the disallowed primary health services overhead costs which are in excess of 30% of the total primary health services costs.

Examples of Cost Adjustments in a sentence

• All Cost Adjustments will be determined under generally accepted accounting principles (GAAP) and cost allocation methods applied on a consistent basis.

• The Referee shall make a determination with respect to the disputed matters submitted to it and determine the Net Working Capital of the Company and the Final Cost Adjustments as of the Calculation Date within 30 days after the objections that remain in dispute are submitted to it.

• In the event such sum set forth in the calculation of the Final Cost Adjustments is greater than the sum set forth in the calculation of the Estimated Pre-Closing Adjustments, HSE shall promptly pay to Transferor the amount of such excess in cash.

• If, within such thirty (30) day period, the Representative, on behalf of Transferors, has not given HSE written notice of its objection to the Net Working Capital Closing Statement, the Final Cost Adjustments or the related worksheets, then the Net Working Capital and the Final Cost Adjustments respectively reflected therein shall be binding and conclusive on the Parties and used in making the adjustment provided for in Section 2.2(c).

• The Representative, on behalf of Transferor, shall have a period of thirty (30) days following its receipt of the Net Working Capital Closing Statement, the Final Cost Adjustments and related worksheets to provide written notice of the Representative’s objection, on behalf of Transferor, to the Net Working Capital Closing Statement, the Final Cost Adjustments or the related worksheets (which notice shall state the basis for the Representative’s objection).

• If, within such thirty (30) day period, the Representative, on behalf of Transferor, has not given HSE written notice of its objection to the Net Working Capital Closing Statement, the Final Cost Adjustments or the related worksheets, then the Net Working Capital and the Final Cost Adjustments respectively reflected therein shall be binding and conclusive on the Parties and used in making the adjustment provided for in Section 2.2(c).

• In the event the sum of (i) the Closing Cash Amount minus (ii) the Closing Indebtedness Pay-Off Amount minus (iii) the Unpaid Transaction Costs set forth in the calculation of the Final Cost Adjustments is less than such sum set forth in the calculation of the Estimated Pre-Closing Adjustments, Transferor shall promptly pay the amount of such deficiency to HSE in cash.

• The Representative, on behalf of Transferors, shall have a period of thirty (30) days following its receipt of the Net Working Capital Closing Statement, the Final Cost Adjustments and related worksheets to provide written notice of the Representative’s objection, on behalf of Transferors, to the Net Working Capital Closing Statement, the Final Cost Adjustments or the related worksheets (which notice shall state the basis for the Representative’s objection).

• In the event the sum of (i) the Closing Cash Amount minus (ii) the Closing Indebtedness Pay-Off Amount minus (iii) the Unpaid Transaction Costs set forth in the calculation of the Final Cost Adjustments is less than such sum set forth in the calculation of the Estimated Pre-Closing Adjustments, each Transferor shall promptly pay such Transferor’s Pro Rata Portion of such deficiency to HSE in cash.

• All Cost Adjustments and CPI-U adjustments will be determined under generally accepted accounting principles (GAAP) and cost allocation methods applied on a consistent basis.

More Definitions of Cost Adjustments

Cost Adjustments means the amount of cost savings, operating expense reductions, net cost savings and net cash flow effects of revenue enhancements which are reasonably anticipated to be achieved in connection with acquisitions, disposals, restructurings, contracts, new business lines and/or other similar actions and which are projected by the Issuer in good faith to result from actions taken (or which is to be taken) no later than 18 months after the end of such period and such cost savings and synergies shall be calculated on a pro forma basis as though it had been realised on the first day of the period for which EBITDA is being determined), net of the amount of actual benefits realised during such period from such actions provided that such are reasonably identifiable and factually supportable and which are specified in the relevant Compliance Certificate.

Cost Adjustments means for each year following the first year of the Support Services, CTS may, in its sole discretion, increase the annual Operational Cost Savings and the monthly amounts charged by CTS for Support Services. The U.S. City Average Consumer Price Index/Service Price Index (CPI/SPI) will normally be used for the purpose of calculating adjustments to the agreed Operational Cost Savings and the fees for the Support Services provided herein. For CPI/SPI increases, the amounts as set forth in this Attachment shall be multiplied by a fraction, the numerator of which is the average CPI/SPI for the twelve-month period immediately preceding the Guarantee Year in which such an adjustment is to become effective, and the denominator of which is the average CI/SPI for the twelve-month period immediately preceding the First Guarantee Year.