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.