Interim Adjustment Amount definition

Interim Adjustment Amount has the meaning set forth in Section 3.3(f)(ii)(A).
Interim Adjustment Amount means a credit in favor of Seller in the amount of $1,613,566, representing the agreed-upon Adjustment Amount through and including March 31, 2006.
Interim Adjustment Amount means, for any day, the amount determined by Xxxx as an interim adjustment to the Lien Amount, by applying the applicable Daily Values to the day over day change in the Included Product Lien Inventory and Included Crude Lien Inventory, which may be a positive or negative amount. If positive, the Interim Adjustment Amount shall increase the Lien Amount and if negative, the Interim Adjustment Amount shall decrease the Lien Amount.

Examples of Interim Adjustment Amount in a sentence

  • Within forty-five (45) days following Buyer’s receipt of the Post-Closing Adjustment Certificate (the “Buyer Objection Period”), Buyer may object in good faith to the Interim Adjustment Amount in writing, in which case it shall set forth the reason(s) for its good faith dispute (any such written objection, a “Buyer Objection Notice”).

  • The Cash Component will be reduced by a negative Interim Adjustment Amount or increased by a positive Interim Adjustment Amount, as the case may be.

  • Upon the terms and subject to the conditions set forth in this Agreement, the total consideration to be paid by the Buyer to the Seller at the Closing for the sale, assignment, transfer and conveyance of the Units shall, subject to the adjustments set forth in Sections 1.6 through 1.8 hereof, be an amount (such amount, the “Closing Purchase Price”) equal to (i) the Base Purchase Price plus (ii) the Estimated Interim Adjustment Amount.

  • Buyer and Seller acknowledge and agree that the Interim Adjustment Amount was calculated as of March 31, 2006 and as set forth on Exhibit B of this Agreement.

  • Such Registration Statement shall cover the sale of Common Stock in an amount at least equal to 200% of the Interim Adjustment Amount used in the calculation of the Interim Adjustment Trigger on the date the Interim Adjustment Trigger equals or exceeds the Registration Threshold (the “Registration Trigger Amount”).

  • As used in this Confirmation, the following terms shall have the following meanings: “Adjustment Amount” means with respect to (i) any Interim Adjustment Date, the Interim Adjustment Amount and (ii) the Expiration Date, the Purchaser Adjustment Amount.

  • Buyer and Sellers acknowledge and agree that the Interim Adjustment Amount was calculated as of March 31, 2006 and as set forth on Exhibit E of this Agreement.

  • The net amount (the "Interim Adjustment Amount") shall be added to or deducted from, as appropriate, the amount payable under paragraph 3.2(a) by the Purchaser to the Vendors on Closing.


More Definitions of Interim Adjustment Amount

Interim Adjustment Amount has the meaning ascribed to it in Section ------- 1.06(b). -------
Interim Adjustment Amount means, for any day, the amount determined by Xxxx as an interim adjustment to the Lien Amount, by applying the applicable Daily Prices to the day over day change in the Included Product Lien NOTE: A request for confidential treatment has been made with respect to portions of the following document that are marked [*CONFIDENTIAL*]. The redacted portions have been filed separately with the SEC. Inventory and Included Crude Lien Inventory, which may be a positive or negative amount. If positive, the Interim Adjustment Amount shall increase the Lien Amount and if negative, the Interim Adjustment Amount shall decrease the Lien Amount.
Interim Adjustment Amount has the meaning set forth in Section 2.7.1.
Interim Adjustment Amount. (which may be a positive or negative number) will be equal to the amount determined by subtracting the Xxxxxxxx Tangible Net Worth, as shown on the Projected Closing Balance Sheet, from $2,502,000 (the "Starting Amount"). If the Interim Adjustment Amount is positive, an adjustment equal to fifty percent of such amount shall be subtracted from each of the Cash Payment and the dollar equivalent of Stock Consideration to be delivered on the Closing Date. If the Interim Adjustment Amount is negative, 50% of such amount (as a positive sum) shall be added to each of the Cash Payment and the dollar equivalent of Stock Consideration to be delivered on the Closing Date.
Interim Adjustment Amount means, for any Interim Adjustment Date, an amount equal to (i) the sum of the Settlement Prices for all Purchase Dates during the corresponding Adjustment Period, minus (ii) the applicable Strike Price multiplied by the sum of the Daily Share Purchase Amounts for all Purchase Dates occurring during the corresponding Adjustment Period. “Interim Adjustment Date” means any date occurring prior to the Expiration Date that is specified as such by the Seller pursuant to Section 3.02. “Interim Adjustment Trigger” means, for any date, the Interim Adjustment Amount as of such date, calculated as if such date were an Interim Adjustment Date, divided by the Closing Price for the Trading Day immediately preceding such date. “Interpolated LIBOR Rate” means, for any day, the LIBOR rate for deposits in U.S. dollars for the period commencing on (but excluding) such day and ending on (and including) the earlier of the next Interim Adjustment Date or the Expiration Date, as determined in good faith by the Seller by an interpolation of published LIBOR rates for the relevant period, as such rates are published on Telerate page 3750 as of 11:00 a.m., London time on such day (or such other page as may replace that page on that service, or such other service as may be nominated by the Seller as the information vendor, for the purpose of displaying rates comparable to LIBOR); provided that if any such day is not a London Banking Day, the LIBOR Rate for such day shall be the LIBOR Rate for the immediately succeeding London Banking Day. “LIBOR Rate” means, for any day, the LIBOR rate for deposits in U.S. dollars for the one month period commencing on such day, as such rates are published on Telerate page 3750 as of 11:00 a.m., London time on such day (or such other page as may replace that page on that service, or such other service as may be nominated by the Seller as the information vendor, for the purpose of displaying rates comparable to LIBOR); provided that if any such day is not a London Banking Day, the LIBOR Rate for such day shall be the LIBOR Rate for the immediately succeeding London Banking Day. “London Banking Day” means any day on which dealings in U.S. dollar deposits are transacted in the London interbank market. 7
Interim Adjustment Amount has the meaning ascribed to it in SECTION 1.06(B).

Related to Interim Adjustment Amount

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).

  • Open Market Adjustment Amount shall have the meaning specified in Section 2(I).

  • Working Capital Adjustment Amount means an amount, which may be positive or negative, calculated in accordance with Schedule C, equal to the difference of (a) the Closing Date Adjusted Working Capital minus (b) the Preliminary Adjusted Working Capital.

  • Maximum Settlement Amount means the maximum amount the Company may be required to pay pursuant to this Settlement, which is the sum of Three Hundred Thousand Dollars ($300,000), excluding any of the Company’s employer-side share of FICA, FUTA, and other similar, mandatory employer-side payroll taxes. In no event shall the Maximum Settlement Amount exceed the foregoing sum.

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Spread Adjustment means 100 basis points.

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

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

  • 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.

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • 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.

  • Purchase Price Adjustment has the meaning set forth in Section 2.6.

  • 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).

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

  • Buy In Adjustment Amount shall have the meaning specified in Section 6.

  • Price Adjustment means any and all price reductions, offsets, discounts, rebates, adjustments, and or refunds which accrue to or are factored into the final net cost to the hospital outpatient department or ambulatory surgical center.

  • Adjustment Escrow Amount means $1,000,000.

  • 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.

  • Substitution Adjustment Amount As defined in Section 2.03.

  • Post-Closing Adjustment has the meaning set forth in Section 2.04(b)(ii).

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).