Reclassification adjustment definition

Reclassification adjustment means a salary change applied to a classified employee when the employee's position is reallocated to a different classification that has a different pay grade.
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Reclassification adjustment means, for any Unit reclassified as a Spec Unit or Presold Unit pursuant to any provision of this Agreement, a change in the Maximum Allowed Advance for such Unit to the Maximum Allowed Advance applicable to the type of Unit as so reclassified.
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Reclassification adjustment means, for any Unit reclassified as to type pursuant to any provision of this Agreement, a change in the Maximum Allowed Advance for such Unit to that applicable to the type of Unit as so reclassified.
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Examples of Reclassification adjustment in a sentence

  • Reclassification adjustment The Fund reclassified certain amounts upon transition to conform to its financial statement presentation under IFRS.

  • Reclassification adjustment relating to components of other comprehensive income.

  • Amount in Rs mnNote 14: Cash and Cash Equivalents is excluding bank overdraft.Note 15: Investment in subsidiary includes acquisition of additional 42.45% stake in Wireless Business Services Private Limited, which holds BWA Spectrum in the Indian telecom circles of Mumbai, Delhi, Haryana and Kerala.Note 16: Reclassification adjustment relating to quarter ended June 30, 2013, between Purchases of property, plant and equipment and proceeds from sale of property, plant and equipment.

  • LONG-TERM INCENTIVE PLAN Three Months Nine Months Ended September 30, Ended September 30, Unrealized gains (losses) on price risk Reclassification adjustment for available-for-sale In January 2002, pursuant to the PVR long-term incentive plan described in its Annual Report on Form 10-K for the year ended December 31, 2001, we purchased and awarded PVR common units to certain directors and employees of the general partner of PVR as restricted units.

  • The changes in the components of OCI were as follows: 3 months ended March 31 2006 2005 Net gain on derivative instruments: Unrealized gain, net of taxes of $101.3 million $ 151.9 $ (61.5) Reclassification adjustment for gains included in net income, net of taxes of $0.5 million – 0.9 Net gain (loss) on derivative instruments 151.9 (60.6) Translation adjustments (20.5) (1.1) Other comprehensive (loss) income $ 131.4 $ (61.7) March 31 Dec.

  • Reclassification adjustment and tax effect of other comprehensive income for the fiscal years ended March 31, 2016 and 2015 were as follows: Millions of yenMillions of U.S. dollars201620152016Net unrealized gains on available-for-sale securities Amount incurred during the fiscal year..........................¥ (70,533)¥306,568Foreign currency translation adjustments .....................

  • B Reclassification adjustment to align reporting on statement of operations and balance sheet in line with expected future reporting for the combined entity.

  • The components of the net change are summarized below: Three Months Ended April 1, March 26, 2005 2004 -------------------- ------------------- Net unrealized holding gains / (losses) arising during the period, $ $ net of taxes (20,725) 13,319 Reclassification adjustment for net gains included in net earnings, net of taxes 24,012 11,253 $ $ Net change 3,287 24,572 The maturity schedule of all available-for-sale securities at amortized cost and estimated fair values is presented below.

  • Other expense (income) is comprised of the following:2010 2009 2008 $ $ $ Write off of Gold Bond and accrued interest (Note 10) 1,040 2,502 526 Reclassification adjustment for other than temporary decline in value of short term investments held for sale.

  • Reclassification adjustments, related tax effects allocated to nonowner changes in equity and accumulated nonowner changes in equity as of and for the years ended December 31: -------------------------------------------------------------------------------- ($ in millions) 1999 1998 1997 -------------------------------------------------------------------------------- Reclassification adjustment, pretax: Change in unrealized gains (losses) arising during year....................

Related to Reclassification adjustment

  • Capitalization Adjustment means any change that is made in, or other events that occur with respect to, the Common Stock subject to the Plan or subject to any Purchase Right after the date the Plan is adopted by the Board without the receipt of consideration by the Company through merger, consolidation, reorganization, recapitalization, reincorporation, stock dividend, dividend in property other than cash, large nonrecurring cash dividend, stock split, liquidating dividend, combination of shares, exchange of shares, change in corporate structure or other similar equity restructuring transaction, as that term is used in Financial Accounting Standards Board Accounting Standards Codification Topic 718 (or any successor thereto). Notwithstanding the foregoing, the conversion of any convertible securities of the Company will not be treated as a Capitalization Adjustment.

  • Substitution Adjustment As defined in Section 2.03(d) hereof.

  • Dilution Adjustment means any fraction or number by which the Exchange Rate shall be multiplied pursuant to Section 6.1(a), (b), (c) or (d).

  • Inflation adjustment means that term as defined in the master settlement agreement.

  • MFN Adjustment has the meaning specified in Section 2.14(b).

  • Substitution Adjustment Amount As defined in Section 2.03.

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

  • Reclassification Event means any of the following: (a) any reclassification or recapitalization of PubCo Shares (other than a change in par value, or from par value to no par value, or from no par value to par value, or as a result of a subdivision or combination or any transaction subject to Section 4.1(e)), (b) any merger, consolidation or other combination involving PubCo, or (c) any sale, conveyance, lease or other disposal of all or substantially all the properties and assets of PubCo to any other Person, in each of clauses (a), (b) or (c), as a result of which holders of PubCo Shares shall be entitled to receive cash, securities or other property for their PubCo Shares.

  • Reclassification means the upgrading of a position to a higher classification as a result of the gradual increase of the duties being performed by the incumbent in that position.

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

  • Change in Capitalization means any increase or reduction in the number of Shares, or any change (including, but not limited to, in the case of a spin-off, dividend or other distribution in respect of Shares, a change in value) in the Shares or exchange of Shares for a different number or kind of shares or other securities of the Company or another corporation, by reason of a reclassification, recapitalization, merger, consolidation, reorganization, spin-off, split-up, issuance of warrants or rights or debentures, stock dividend, stock split or reverse stock split, cash dividend, property dividend, combination or exchange of shares, repurchase of shares, change in corporate structure or otherwise.

  • 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.

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

  • Adjustment means each form of adjustment to consideration provided for in this clause.The parties acknowledge that the consideration under this Contract is inclusive of GST, where GST is calculated using the GST rate at the time of forming this Contract.The Contractor shall provide the Recipient with a Tax Invoice and/or adjustment notes in relation to the supply prior to an amount being paid by the Recipient under this Contract, and shall do all things reasonably necessary to assist the Recipient to enable it to claim and obtain any Input Tax Credit available to it in respect of a Supply.Where the GST rate is changed after the date of formation of this Contract the consideration under this Contract will be increased or decreased so that the consideration remains inclusive of GST, with GST calculated using the new GST Rate from the date of the change of the GST Rate that applies at the date of formation of this Contract. PrivacyFor the purposes of this Clause unless the context otherwise requires:

  • Recapitalization means any stock dividend, stock split, combination of shares, reorganization, recapitalization, reclassification or other similar event.

  • Recapitalization Event means any event of share combination or subdivision, distribution of bonus shares or any other similar reclassification, reorganization or recapitalization of the Company’s share where the shareholders retain their proportionate holdings in the Company.

  • Adjusted means lost values are not included in the calculation of the prior year’s taxes and new values are not included in the current year’s taxable values.

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

  • Extraordinary Adjustment Event means any of the following events as they relate to the Reference In- strument:

  • Spread Adjustment means 100 basis points.

  • 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.

  • Index Adjustment Event means, in respect of the Index, an Administrator/Benchmark Event, an Index Cancellation, an Index Disruption or an Index Modification.

  • Conversion Rate shall have the meaning specified in Section 14.01(a).

  • Adjustment Events the Partnership makes a distribution on all outstanding OP Units in Partnership Units, (B) the Partnership subdivides the outstanding OP Units into a greater number of units or combines the outstanding OP Units into a smaller number of units, or (C) the Partnership issues any Partnership Units in exchange for its outstanding OP Units by way of a reclassification or recapitalization of its OP Units. If more than one Adjustment Event occurs, the adjustment to the Class B Units need be made only once using a single formula that takes into account each and every Adjustment Event as if all Adjustment Events occurred simultaneously. For the avoidance of doubt, the following events shall not be Adjustment Events: (x) the issuance of Partnership Units in a financing, reorganization, acquisition or other similar business transaction, (y) the issuance of Partnership Units pursuant to any employee benefit or compensation plan or distribution reinvestment plan, or (z) the issuance of any Partnership Units in respect of a capital contribution to the Partnership, including a contribution by the General Partner of proceeds from the sale of securities by the General Partner. If the Partnership takes an action affecting the OP Units other than actions specifically described above as Adjustment Events and, in the opinion of the General Partner such action would require an adjustment to the Class B Units to maintain the one-to-one correspondence described above, the General Partner shall have the right to make such adjustment to the Class B Units, to the extent permitted by law, in such manner and at such time as the General Partner, in its sole discretion, may determine to be appropriate under the circumstances. If an adjustment is made to the Class B Units as herein provided, the Partnership shall promptly file in the books and records of the Partnership an officer’s certificate setting forth such adjustment and a brief statement of the facts requiring such adjustment, which certificate shall be conclusive evidence of the correctness of such adjustment absent manifest error. Promptly after the filing of such certificate, the Partnership shall mail a notice to each holder of Class B Units setting forth the adjustment to his, her or its Class B Units and the effective date of such adjustment.

  • Stock Split means any kind of stock split in relation to the Shares, including a free share distribution to the holders of Shares, a stock dividend or a sub-division of Shares;

  • Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.