Net Adjustment definition

Net Adjustment means the following:

Net Adjustment has the meaning set forth in Section 3.6(g).

Net Adjustment shall be an amount equal to the sum of the following amounts, all as finally determined in accordance with this Section 3.6:

Examples of Net Adjustment in a sentence

• The rates of pay in this award include arbitrated safety net adjustments available since December 1993, under the Arbitrated Safety Net Adjustment Principle.

• These rates of pay are inclusive of the following award prescribed entitlements: ♦ Base Rates of Pay (NBCIA Clause 18.1) ♦ Supplementary Payment (NBCIA Clause 18.1) ♦ Safety Net Adjustment (NBCIA Clause 18.1) ♦ Special Allowance (NBCIA Clause 18.2) ♦ Follow the Job Loading (NBCIA Clause 18.3) ♦ Industry Allowance (NBCIA Clause 24.1) ♦ Tool Allowance (NBCIA Clause 24.3) Any variation or increase to the aforesaid Award entitlements shall not flow on to the adult rates prescribed herein.

• The rates of pay in this Award include arbitrated safety net adjustments available since December 1993, under the Arbitrated Safety Net Adjustment Principle.

• These rates of pay are inclusive of the following award prescribed entitlements: ♦ Base Rates of Pay (Clause 18.1) ♦ Supplementary Payment (Clause 18.1) ♦ Safety Net Adjustment (Clause 18.1) ♦ Special Allowance (Clause 18.2) ♦ Follow the Job Loading (Clause 18.3) ♦ Industry Allowance (Clause 24.1) ♦ Tool Allowance (Clause 24.3) Any variation or increase to the aforesaid award entitlements shall not flow on to the adult rates prescribed herein.

• The rates of pay in this award include arbitrated safety net adjustments since December 1993, under the Arbitrated Safety Net Adjustment Principle.

More Definitions of Net Adjustment

Net Adjustment has the meaning given to it in Clause ‎5.10;

Net Adjustment to Buyer" Section 2.2.2 "Net Adjustment to Sellers" Section 2.2.2 "1998 APC Balance Sheet" Section 3.2.1 "1998 APC Financial Statements" Section 3.2.1 "Offeror" Section 5.17.3(iv) "Owned Real Property" Section 3.5.1 "Patent Properties" Section 3.6.1 "Permits" Section 3.12 "PHL" Preamble "Post-Closing Tax Period" Section 5.7.2 "Pre-Closing Tax Period" Section 5.7.2 "Purchase" Recitals "Purchase Consideration" Section 2.2.1 "Required Filings" Section 3.1.3 "Reserved Claims" Section 8.3 "Restricted Period" Section 5.17 "Section 338(h)(10) Elections" Section 5.7.1 "Securities Act" Section 4.7 "Sellers" Preamble "Software Properties" Section 3.6.1 "Tax Loss" Section 5.7.2 "Threshold" Section 8.5 "Trade Secrets" Section 3.6.1 "Trademark License Agreement" Section 5.10 "Trademark Properties" Section 3.6.1

Net Adjustment means the (a) sum of the Madison Percentage Adjustment with respect to each adjustment to the Madison Percentage Interest under Section 4.03(b), minus (b) the sum of the TPG Percentage Adjustment with respect to each adjustment to the TPG Percentage Interest under Section 4.03(a)(iii) and may be a positive or negative number.

Net Adjustment for an LLC and its Applicable Partnership means the sum of (A) the Purchaser's Working Capital Position for such LLC and its Applicable Partnership minus the Reference Working Capital Position for such LLC and its Applicable Partnership, and (B) the Reference Long-Term Debt Position for such LLC and its Applicable Partnership minus the Purchaser's Long-Term Debt Position for such LLC and its Applicable Partnership; and

Net Adjustment means (i) the Net Working Capital as of the Effective Time, as determined pursuant to Section 3.1, minus (ii) the Net Working Capital Target. For the avoidance of doubt, the Net Adjustment can be a positive or negative number.

Net Adjustment means (i) the Net Working Capital as of the Effective Time, as determined pursuant to Section 3.1, minus (ii) $30,200,000. Exhibit A provides an example of the methodology used to compute the Net Adjustment, for illustrative purposes. For the avoidance of doubt, the Net Adjustment can be a positive or negative number; and provided further, that (a) if the Net Adjustment is a negative number, the Purchase Price shall be decreased on a dollar-for-dollar basis; and (b) if the Net Adjustment is a positive number, the Purchase Price shall be increased on a dollar-for-dollar basis to the extent the Net Adjustment exceeds $1,000,000; and (c) if the Net Adjustment is between $0.00 and $1,000,000, there shall be no adjustment to the Purchase Price in connection with the Net Adjustment.

Net Adjustment the net amount to be added to (or deducted from, as the case may be) the UK Consideration pursuant to clause 4.7;