Market Adjustment definition

Market Adjustment means an adjustment to an employee's pay rate that the appointing authority may approve in response to a structure adjustment.

Market Adjustment means a review of current Base Rent factors, conducted at scheduled intervals during the term of the lease, which will be used to determine the Base Rent Schedule for the next period. It includes consideration of the minimum Lease Rate Percentage at the time, as well as an appraisal process to update the lease area land value. The Market Adjustment Schedule and Provisions are found in Exhibit #.

Market Adjustment means an adjustment to the employee’s pay rate that the appointing authority may approve in response to a structure adjustment.

Examples of Market Adjustment in a sentence

• MARKET ADJUSTMENT SCHEDULE Lease Year Schedule 16 “Market Adjustment” 17 through 30 “Adjustment Period” applied to Base Rent resulting from previous Market Adjustment.

• All appraisals conducted during a Market Adjustment shall be subject to the same scope of work.

• See the following example of a scheduled Market Adjustment for a 50,000 square foot lease, at a 6% lease rate with two different appraisal values: Lessor Appraisal = $6.50 per square foot Lessee Appraisal = $6.10 per square foot Land Value= $6.30 per square foot New Annual Base Rent = $6.30 x 50,000 (or applicable square footage) x 6% (or applicable Lease Rate) = $18,900.

• The Market Adjustment will be determined by appraisal in accordance with the following provisions: SELECTION OF APPRAISERS Lessor and Lessee shall each hire an appraiser meeting the qualifications set forth in these provisions and shall instruct such appraiser to prepare an appraisal of the market value of the Land based upon the assumptions and meeting the requirements set forth these provisions.

• The process for the Market Adjustment will commence on the date that is 90 days after the first day of Lease Years 15, 30, 45, 60, 75, and 90 as applicable (the “Market Date”).

More Definitions of Market Adjustment

Market Adjustment means an adjustment to an individual’s base pay based upon the employee’s position into the range and relation to market.

Market Adjustment means a review of current Base Rent factors, conducted at scheduled intervals during the term of the lease, which will be used to determine the Base Rent Schedule for the next period. It includes consideration of the minimum Lease Rate Percentage at the time, as well as an appraisal process to update the lease area land value. The Market Adjustment Schedule and Provisions are found in Exhibit #B.

Market Adjustment means, as of any date of determination and any Commitment Amount, the lesser of (a) one (1) and (b) the percentage equivalent of a fraction, (i) the numerator of which is the annualized aggregate original principal balance of all Loans originated by all Eligible Lenders (as shown on the Department’s NSLDS system) during the period commencing with the month immediately following the month of the applicable sale and/or pledge of Loans to the Conduit program and ending at the end of the twenty-fourth month after such sale and/or pledge (or at the end of the preceding month if less than twenty-four months have elapsed since such sale and/or pledge), and (ii) the denominator of which is the aggregate original principal balance of all Loans originated by all Eligible Lenders (as shown on the Department’s NSLDS system) during the twelve month period ending with the month immediately preceding the month of the applicable sale and/or pledge of Loans to the Conduit program.

Market Adjustment means an adjustment made to compensation to provide equity with comparable positions, or to be competitive with the labor market.

Market Adjustment has the meaning set forth in Section 4.1(c)(iii).

Market Adjustment means the quotient of (1) the Closing Price on the day before the date the Investor and a third party enter into a definitive agreement to Transfer Restricted Securities in which the price at which the Restricted Securities are to be transferred to such third party is specified and (2) the Closing Price on the day before the date the Offer Notice is delivered to the Company. The Investor will provide the Company with a certificate as to the compliance of any Transfer of Restricted Securities to a third party pursuant to this Section 4.1(c)(iii) prior to the closing of such transaction.

Market Adjustment means a review of current Base Rent factors to ensure compliance with MCA § 77- 1-905 conducted prior to each Renewal Period, which will be used to determine the Base Rent for the next period, including consideration of the minimum lease rate percentage described in MCA § 77-1-905(2) and Land Value at the time of the Market Adjustment..