Interim Adjustments definition

Interim Adjustments means those interim accounting and adjustments, contemplated pursuant to Clause 3.10.1(a) of this Agreement, to be made on the Closing Date;
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Interim Adjustments means, that for the first four fiscal quarters ------------------- following the Closing Date, the Fixed Charge Coverage Ratio and the Interest Coverage Ratio shall be calculated using the adjustments and assumptions regarding Cash Taxes and Interest Expense set forth below:
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Interim Adjustments means that, subsequent to the addition of a New Company, the Interest Coverage Ratio, the Fixed Charge Coverage Ratio and the Leverage Ratio shall be calculated using the adjustments and assumptions set forth below: EBITDA, Capital Expenditures, Interest Expense and Scheduled Funded Debt Payments for any New Company will be calculated commencing after the acquisition of such New Company as follows:
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Examples of Interim Adjustments in a sentence

  • Interim Adjustments will be filed not less than 15 days prior to the effective date of the Adjusted Transition Charges.

  • The Alternative Payment shall be calculated by adjusting the Applicable Discount Rate and the Applicable Base Payment (as such terms are defined in Exhibit D) set forth in the Put Payment Formula (the "Interim Adjustments") as of a date (the "Interim Adjustment Date") that is (i) for the Qualifying Projects (other than the Late Qualifying Projects), 90 days after date of the Interim Adjustment Election and (ii) for any Late Qualifying Project, the Late Qualifying Adjustment Date.

  • Interim Adjustments - In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments, consisting only of normal recurring adjustments, necessary to present fairly the Company's financial position as of March 31, 1998 and the results of operations and cash flows for the three-month periods ended March 31, 1998 and 1997.

  • The Purchase Price adjusted for Interim Adjustments shall be paid in full by Purchaser to Vendor by delivery of certified cheque(s) or bank draft(s) on the Closing Date at the place of Closing.

  • FEES AND PAYMENTS 16 Section 3.1. Certain Notices 16 Section 3.2. Prepayments 16 Section 3.3. Interest on Loans 17 Section 3.4. Commitment Fee 18 Section 3.5. Administrative Fee 18 Section 3.6. Syndication Fee 18 Section 3.7. Payments Generally 18 Section 3.8. Interim Adjustments to Borrowing Base.

  • Receives and notes the information contained in the report, Interim Adjustments to Current Budget2.

  • At least thirty (30) days prior to the Effective Date, Transporter shall file workpapers setting forth the Base Unit Fuel Surcharge for the Market Area and the Western Division as determined in accordance with Section 27.D. Interim Adjustments.

  • See Federal-State Joint Board on Separations Seeks Comment on Proposal for Interim Adjustments to Jurisdictional Separations Allocation Factors and Category Relationships Pending Comprehensive Reform and Seeks Comment on Comprehensive Reform, CC Docket No. 80-286, Public Notice, 25 FCC Rcd 3336.

  • The Commission determined that Interim Adjustments are needed to address the impact high gas prices have had on the deferred fuel balance.

  • See the separate report in this business paper on the Interim Adjustments to Current Budget where the approved SCC grant funding is proposed to be added to the current budget.The Visions of Village Life master planning documents are expected to be presented to Council in March to allow for consideration in the budget preparations for 2018/19.


More Definitions of Interim Adjustments

Interim Adjustments for the first three full fiscal quarters of the Company following the Acquisition Closing Date, the Total Leverage Ratio and the Senior Leverage Ratio shall be calculated by including in Consolidated Operating Cash Flow for the applicable four-quarter period the actual Consolidated Operating Cash Flow for the portion of such period of the Company and its Restricted Subsidiaries occurring prior to 25 19 the Acquisition Closing Date, on a pro forma basis assuming (i) that the Acquisition had been consummated on the first day of such period and (ii) adjustments to such pro forma Consolidated Operating Cash Flow for such pre-closing period attributable to the Company's projected cost savings resulting from the Acquisition as determined by Deloitte & Touche LLP and reasonably acceptable to the US Administrative Agent.
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Interim Adjustments for the first three full fiscal quarters of the Borrower following the Closing Date (or, in the case of the Leverage Ratio, the third full fiscal quarter of the Borrower following the Closing Date), the Fixed Charge Coverage Ratio, the Interest Coverage Ratio and the Leverage Ratio shall be calculated using the adjustments and assumptions set forth below:
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Interim Adjustments means, that for the first three fiscal quarters following the Closing Date, the ratio to be calculated pursuant to subsection 7.1(e) which ratio shall be calculated using the adjustments and assumptions regarding Cash Interest Expense set forth below:
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Interim Adjustments means, for the first fiscal quarter following the Closing Date, that the Interest Coverage Ratio shall be calculated using the adjustments and assumptions regarding Interest Expense set forth below:
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Interim Adjustments for the period from the Closing Date to the end of the second fiscal quarter of the 1997 fiscal year of CNG, the Adjusted Interest Coverage Ratio and the Leverage Ratio shall be calculated using the adjustments and assumptions set forth below:
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Related to Interim Adjustments

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

  • Value Adjustments means cash lending revenues and other revenues on collateral in respect of a Series of ETP Securities.

  • Spread Adjustment means 100 basis points.

  • 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.

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

  • Adjustments means all discounts, allowances, returns, disputes, counterclaims, offsets, defenses, rights of recoupment, rights of return, warranty claims, or short payments, asserted by or on behalf of any Account Debtor with respect to any Purchased Receivable.

  • SOFR Adjustment means 0.10% (10 basis points).

  • Related Adjustment means, in determining any LIBOR Successor Rate, the first relevant available alternative set forth in the order below that can be determined by the Administrative Agent applicable to such LIBOR Successor Rate:

  • Final Adjustment has the meaning set forth in Section 10.3.B(2) hereof.

  • Tax Adjustment has the meaning set forth in Section 4.7.

  • Closing Adjustment has the meaning set forth in Section 2.04(a)(ii).

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

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

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

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • 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.

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

  • Lot line adjustment means the relocation of the property boundary line in a

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

  • 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).

  • 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.

  • Working Capital Adjustment has the meaning set forth in Section 2.5(a).

  • 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.

  • Cost of Living Adjustment or “COLA” means a percentage-based general wage increase adjustment provided in accordance with this memorandum of agreement. COLA is an upward adjustment applied to and folded into all wage rates. The "annualized average of BC CPI over twelve months” (AABC CPI) means the Latest 12-month Average Index % Change reported by BC Stats in March for British Columbia for the twelve months starting at the beginning of March in the preceding year and concluding at the end of the following February. The “Latest 12-month Average Index”, as defined by BC Stats, is a 12-month moving average of the BC consumer price indexes of the most recent 12 months. This figure is calculated by averaging index levels over the applicable 12 months. The Latest 12-month Average Index % Change is reported publicly by BC Stats in the monthly BC Stats Consumer Price Index Highlights report. The BC Stats Consumer Price Index Highlights report released in mid-March will contain the applicable figure for the 12 months concluding at the end of February. The percentage change reported by BC Stats that will form the basis for determining any COLA increase is calculated to one decimal point. For reference purposes only, the annualized average of BC CPI over 12 months from March 1, 2021 to February 28, 2022 was 3.4%.

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