We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Retroactive Adjustment definition

Retroactive Adjustment shall occur if (i) the Delivery Date in relation to the conversion of any Bond shall be after the Deemed Record Date in respect of any Adjustment Event and (ii) the Conversion Date falls before the relevant adjustment to the Conversion Price becomes effective under Section 5.4(a).
Retroactive Adjustment has the meaning provided in Condition 6(c).
Retroactive Adjustment means an adjustment to the Conversion Price made in the circumstances set out in Clause 6.4.3.

Examples of Retroactive Adjustment in a sentence

  • For the avoidance of doubt, if a Bondholder would receive a number of Shares (“Non-unit Shares”) not constituting a unit (tangen) of Shares or integral multiples thereof upon exercise of the Stock Acquisition Right(s) or upon a Retroactive Adjustment, such Non-unit Shares shall be delivered to the relevant Bondholder in the same manner as the Shares constituting a whole unit of Shares, and no cash amounts shall be paid by the Company in respect of such Non-unit Shares.

  • Any Additional Ordinary Shares to be issued or transferred and delivered pursuant to Condition 6(c) will be deemed to be issued or transferred and delivered as of the date the relevant Retroactive Adjustment takes effect or as at the date of issue or transfer and delivery of Ordinary Shares if the adjustment results from the issue or transfer and delivery of Ordinary Shares (each such date, the “Reference Date”).

  • However, Tenant is responsible for payment (or is eligible for a credit, as the case may be) of any difference between the old Estimated Tax Rent paid for any period of the new Tax Year and the new Estimated Tax Rent payable for that same period ("Retroactive Adjustment").

  • If at the commencement of the renewal term in question the Fair Market Rent has not been determined pursuant to paragraphs 3 or 4, the Fixed Rent shall be paid in the amount of the Rent Minimum and a retroactive adjustment shall be made as a lump-sum paid within 30 days after such a determination is made, but only if the Fair Market Rent is higher ("Retroactive Adjustment").

  • For the avoidance of doubt, if a Bondholder would receive a number of Shares (“Non- unit Shares”) not constituting a unit (tangen) of Shares or integral multiples thereof upon exercise of the Stock Acquisition Right(s) or upon a Retroactive Adjustment, such Non-unit Shares shall be delivered to the relevant Bondholder in the same manner as the Shares constituting a whole unit of Shares, and no cash amounts shall be paid by the Company in respect of such Non-unit Shares.


More Definitions of Retroactive Adjustment

Retroactive Adjustment has the meaning ascribed to it in section 3 of Schedule 2 (Adjustment Mechancis).
Retroactive Adjustment shall have the meaning given to it in Clause 14.12.
Retroactive Adjustment means an adjustment to the Conversion Price made in the cir- cumstances set out in Condition 6.4.3.
Retroactive Adjustment has the meaning provided in Condition 6(d).
Retroactive Adjustment shall occur if the Conversion Date in relation to the conversion of any Bond shall be (i) after the date which is the record date in respect of any consolidation, reclassification, redesignation or sub-division as is mentioned in Condition 6.2(a), or which is the record date or other due date for the establishment of entitlement for any such issue, distribution, grant or offer (as the case may be) as is mentioned in Condition 6.2(b), 6.2(c), 6.2(d), 6.2(e) or 6.2(i), or which is the date of the first public announcement of the terms of any such issue or grant as is mentioned in Condition 6.2(f) and 6.2(g) or of the terms of any such modification as is mentioned in Condition 6.2(h); and (ii) before the relevant adjustment to the Conversion Price becomes effective under Condition 6.2.
Retroactive Adjustment shall occur if the Conversion Date in relation to the conversion of any Bond shall be (i) after the date (the “RA Reference Date”) which is the record date in respect of any consolidation, reclassification, redesignation or sub-division as is mentioned in Condition 6(b)(i), or which is the record date or other due date for the establishment of entitlement for any such issue, distribution, grant or offer (as the case may be) as is mentioned in Condition 6(b)(ii), 6(b)(iii), 6(b)(iv), 6(b)(v) or 6(b)(ix), or which is the date of the first public announcement of the terms of any such issue or grant as is mentioned in Condition 6(b)(vi) and 6(b)(vii) or of the terms of any such modification as is mentioned in Condition 6(b)(viii); and (ii) before the relevant adjustment to the Conversion Price becomes effective under Condition 6(b).
Retroactive Adjustment has the meaning assigned in Condition 6.2(iii)(a); “Sanctioned Person” means any person, entity, organization or vessel that is: