Initial Adjustment definition

Initial Adjustment has the meaning set forth in Section 2.4(b).

Initial Adjustment is defined in Section 2.5(a).

Initial Adjustment has the meaning set forth in Section 7.4(a);

Examples of Initial Adjustment in a sentence

• The interest rate stated in this Note is subject to adjustment by the Lender or any subsequent holder of this Note on the Initial Adjustment Date and on subsequent dates established by the Adjustment Frequency Period thereafter.

• Beginning with the Initial Adjustment Date, the adjustable interest rate will be based on an Index.

• If the Initial Adjustment Amount shown on the Adjustment Statement is a positive number, then the Purchase Price shall be increased by such amount.

• If the Initial Adjustment Amount shown on the Adjustment Statement is a negative number, then the Purchase Price shall be decreased by such amount.

• Beginning as of the Initial Adjustment Date and continuing on each Adjustment Date thereafter, the Base Rent shall be increased to equal the product achieved by multiplying the initial Base Rent amount by a fraction, the numerator of which shall be an amount equal to the sum of (i) the Beginning Index plus (ii) two-thirds (2/3) of the amount, if any, by which the Adjustment Index is greater than the Beginning Index, and the denominator of which will be the Beginning Index.

More Definitions of Initial Adjustment

Initial Adjustment is defined in Section 2.4(b). "Initial Closing Statement" is defined in Section 2.4(a).

Initial Adjustment means the adjustment to the Net Merger Consideration contemplated by Section 3.4.

Initial Adjustment means $228,000.

Initial Adjustment shall have the meaning set forth in Section 3.3.1 hereof.

Initial Adjustment shall have the meaning ascribed to such term in Section 1.2(b).

Initial Adjustment has the meaning set forth in Section 2.3(d)(i).

Initial Adjustment has the meaning set forth in Section 2(f)(i) below.