Permitted Adjustment definition

Permitted Adjustment means a distribution or dividend made, paid or set aside to or in respect the vested portion of the Company’s options or restricted stock units in connection with an equitable adjustment in accordance with the terms of the incentive plan associated therewith in an amount, determined in good faith by the Board (after consultation with legal and financial advisors), substantially equivalent to what the holder thereof would have received had such other options or restricted stock units been exercised or settled for Shares on the record date of the distribution or dividend.
Permitted Adjustment means, for any period and without duplication, (i) transition charges incurred by the Parent or any Restricted Subsidiaries during such period relating to the Acquisition by the Parent or any Restricted Subsidiary of all of the outstanding equity of (a) Xxxxxxxxx and Xxxx LLC, a Delaware limited liability company, to the extent such charges do not exceed $10,000,000 in the aggregate for all periods, (b) Xxxxxx'x Holding GmbH Company (now known as Xxxxxx'x Xxxxx Lang LaSalle Retail GmbH), a German company, to the extent such charges do not exceed $5,000,000 in the aggregate for all periods and (c) Staubach Holdings, Inc., a Texas corporation ("Staubach"), to the extent such charges do not exceed $25,000,000 in the aggregate for all periods, (ii) deferred commissions earned by Staubach (net of commissions payable to brokers) for leasing activity, to the extent such activity was completed prior to the acquisition of Staubach by a Restricted Subsidiary and not previously recognized as revenue by the Parent or its Restricted Subsidiaries, not to exceed $15,000,000 for any trailing twelve-month period or $20,000,000 in the aggregate for all periods; (iii) non-recurring cash and non-cash restructuring charges incurred by the Parent or any Restricted Subsidiary prior to January 1, 2010 not to exceed $50,000,000 in the aggregate for all periods, and (iv) non-cash impairment charges related to co-investments or goodwill of the Parent and its Restricted Subsidiaries incurred prior to January 1, 2010, not to exceed $100,000,000 in the aggregate for all periods.
Permitted Adjustment means, for any period, transition charges incurred by the Parent or any Restricted Subsidiaries during such period relating to the Acquisition by the Parent of all of the outstanding equity of (i) Xxxxxxxxx and Xxxx LLC, a Delaware limited liability company, to the extent such charges do not exceed $10,000,000 in the aggregate for all periods, (ii) Xxxxxx'x Holding GmbH Company (now known as Xxxxxx'x Xxxxx Lang LaSalle Retail GmbH), a German company, to the extent such charges do not exceed $5,000,000 in the aggregate for all periods and (iii) Staubach Holdings, Inc., a Texas corporation, to the extent such charges do not exceed $25,000,000 in the aggregate for all periods.

Examples of Permitted Adjustment in a sentence

  • In the event of such Permitted Adjustment, no rebidding or recalculation of a submitted bid will be required or permitted.

  • Upon such final denial of a Plan Modification or Text Change, the applicant may reapply to the JDA to seek JDA approval of a revised project meeting the requirements of the TRC, or a revised project requiring a Permitted Adjustment consistent with Table 3-3.

  • Subject to a Permitted Adjustment* increasing the issue by $720,000 (not exceeding bank qualification status), or decreasing the issue by $930,000.

  • In the event of such Permitted Adjustment, no rebidding or recalculation of a submitted bid will be required or permitted and the Underwriter's Discount on the Bonds as submitted by the successful bidder shall be held constant.

  • PMP has brought enormous attention to both the town and the county.


More Definitions of Permitted Adjustment

Permitted Adjustment means any of the following from time to time (a) the issuance of shares of common stock of the Borrower as a result of the exercise of the Warrants, and (b) the issuance of shares of common stock of the Borrower or options to purchase common stock of the Borrower pursuant to the Management Incentive Plan.
Permitted Adjustment means, for any period, transition charges incurred by the Parent or any Restricted Subsidiaries during such period relating to the Acquisition by the Parent of all of the outstanding equity of Xxxxxxxxx and Xxxx LLC, a Delaware limited liability company, to the extent such charges do not exceed $10,000,000 in the aggregate for all periods.
Permitted Adjustment means the amount of the Permitted Amount actually paid by the Company at or prior to the Closing; provided that, in no event can the Permitted Adjustment exceed $1,300,000.
Permitted Adjustment in its entirety to read as follows:
Permitted Adjustment means (i) for each four quarter period ending on or prior to June 30, 2004 up to $5,000,000 of non-recurring non-cash charges incurred by the Parent or any Restricted Subsidiaries during such four quarter period relating to the property management accounting system in Australia and (ii) for each four quarter period ending on or prior to June 30, 2003, $2,062,000 and for the four quarter period ending September 30, 2003, $975,000 relating to non-cash charges incurred by the Parent or any Restricted Subsidiary in connection with the write-off of land investments.
Permitted Adjustment means the amount by which the principal amount of the Bonds may be adjusted upward or downward in order to fully realize the greatest interest cost savings to the Commission and Board based upon the interest rates established for the Bonds at the time public, competitive bids are considered by the Corporation on behalf of the Board.
Permitted Adjustment hereby is amended and restated in its entirety to read as follows: