Rounding Adjustment definition

Rounding Adjustment shall have the meaning given to it in the Implementation Agreement;
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Rounding Adjustment means an adjustment to zero balances of one dollar ($ 1.00) or less as the result of rounding errors on a report.
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Rounding Adjustment means an adjustment to the number of Compulsorily Convertible Notes to be received by any Ordinary Shareholder pursuant to the Grindrod Distribution, where the application of the Distribution Ratio would result in such Ordinary Shareholder having a fractional entitlement to a Compulsorily Convertible Note, with such adjustment being on the basis that the number of Compulsorily Convertible Notes actually distributed to such Ordinary Shareholder will be rounded down to the next whole number and a cash payment made to such Ordinary Shareholder in respect of such fraction (with the amount of such payment being determined by applying the relevant fraction to the CCN Value);
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Examples of Rounding Adjustment in a sentence

  • Common reason codes include the following: Rounding Adjustment, Manufacturer/State Reconciliation, and State Approved.6. To export the search results to an Excel file, click Export Results.7. Click Open.

  • Rounding Adjustment .............................................

  • Payment Rnd Adj (Payment Rounding Adjustment) - all payments are rounded to the next dollar to make accounting easier.

  • An illustration of how the daily NAV per Unit is calculated: Rounding Adjustment The NAV per Unit of the Fund will be rounded up to four decimal places or as agreed between the Manager and Trustee.

  • Assets‌Fire and Police Liabilities Payables Accounts Payable - Due to Primary GovernmentOther - Rounding Adjustment Due to Brokers$ 35,021- 1,770,861$ 15,009- 758,940$ 50,030- 2,529,801 Comment A: One of the key assumptions used in any valuation of the cost of postemployment benefits is the long-term rate of investment return on plan assets.

  • Rounding Adjustment The NAV per Unit of the Fund will be rounded up to four decimal places or as agreed between the Manager and Trustee.

  • No more than two directors may sit together on any public company boards without the prior approval of the Board.

  • Each Zone is charged $125 plus $0.76 per parcel.⮚ Rounding Adjustment – Brings the actual assessment amount to an even penny for County Tax Roll purposes.


More Definitions of Rounding Adjustment

Rounding Adjustment means the routine rounding of CHF LIBOR submissions by between 0.25 and 0.5 of a basis point to favour UBS’s CHF denominated derivatives trading positions.
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Rounding Adjustment means an adjustment to zero balances of $ 0.25 one dollar ( $ 1.00) or less as the result of rounding errors on a report.TITLE 390. COUNCIL ON LAW ENFORCEMENT EDUCATION AND TRAINING CHAPTER 55. FACILITIES MANAGEMENT
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Related to Rounding Adjustment

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

  • Closing Adjustment has the meaning set forth in Section 2.04(a)(ii).

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

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

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • Post-Closing Adjustment has the meaning set forth in Section 2.04(b)(ii).

  • Spread Adjustment means 100 basis points.

  • 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.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).

  • Cost of Living Adjustment or “COLA” means a percentage-based general wage increase adjustment provided in accordance with this memorandum of agreement. COLA is an upward adjustment applied to and folded into all wage rates. The "annualized average of BC CPI over twelve months” (AABC CPI) means the Latest 12-month Average Index % Change reported by BC Stats in March for British Columbia for the twelve months starting at the beginning of March in the preceding year and concluding at the end of the following February. The “Latest 12-month Average Index”, as defined by BC Stats, is a 12-month moving average of the BC consumer price indexes of the most recent 12 months. This figure is calculated by averaging index levels over the applicable 12 months. The Latest 12-month Average Index % Change is reported publicly by BC Stats in the monthly BC Stats Consumer Price Index Highlights report. The BC Stats Consumer Price Index Highlights report released in mid-March will contain the applicable figure for the 12 months concluding at the end of February. The percentage change reported by BC Stats that will form the basis for determining any COLA increase is calculated to one decimal point. For reference purposes only, the annualized average of BC CPI over 12 months from March 1, 2021 to February 28, 2022 was 3.4%.

  • Adjustment Fraction shall have the meaning set forth in Section 11(a)(i) hereof.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Final Adjustment has the meaning set forth in Section 10.3.B(2) hereof.

  • Related Adjustment means, in determining any LIBOR Successor Rate, the first relevant available alternative set forth in the order below that can be determined by the Administrative Agent applicable to such LIBOR Successor Rate:

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Equity Adjustment means the dollar amount resulting by subtracting the Book Value, as of Bank Closing, of all Liabilities Assumed under this Agreement by the Assuming Bank from the purchase price, as determined in accordance with this Agreement, as of Bank Closing, of all Assets acquired under this Agreement by the Assuming Bank, which may be a positive or a negative number.

  • SNB Adjustment Spread means, with respect to the SNB Policy Rate, the spread to be applied to the SNB Policy Rate in order to reduce or eliminate, to the extent reasonably practicable under the circumstances, any economic prejudice or benefit (as applicable) to Noteholders as a result of the replacement of the Swiss Average Rate Overnight with the SNB Policy Rate for purposes of determining SARON, which spread will be determined by the Calculation Agent, acting in good faith and a commercially reasonable manner, taking into account the historical median between the Swiss Average Rate Overnight and the SNB Policy Rate during the two year period ending on the date on which the SARON Index Cessation Event occurred (or, if more than one SARON Index Cessation Event has occurred, the date on which the first of such events occurred).

  • SOFR Adjustment means 0.10% (10 basis points).

  • Billing Adjustment Credit To provide Customer the benefit of the rates and discounts in the Amendment as of the Effective Date and until such rates and discounts are implemented, the Company shall provide Customer with a one-time billing adjustment credit equal to $152,300.00 plus applicable taxes and surcharges. This credit shall compensate Customer for the difference between the Tariff/Guide/list rates invoiced during the 1st full billing cycle following Customer's signature date above and the rates and discounts in this Agreement.

  • Principal Adjustment In the event that the Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount or Class B-6 Optimal Principal Amount is calculated in accordance with the proviso in such definition with respect to any Distribution Date, the Principal Adjustment for such Class of Class B Certificates shall equal the difference between (i) the amount that would have been distributed to such Class as principal in accordance with Section 4.01(a) for such Distribution Date, calculated without regard to such proviso and assuming there are no Principal Adjustments for such Distribution Date and (ii) the Adjusted Principal Balance for such Class.

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • Credit Adjustment shall have the meaning specified in Section 3.02.

  • Interest Adjustment Rate means the interest adjustment rate assigned to the Security. The initial Interest Adjustment Rate is the interest adjustment rate specified in the Table (the "Initial Interest Adjustment Rate").The Issuer may adjust, in its reasonable discretion pursuant to §315 BGB and in consideration of the relevant capital market practice and by acting in good faith (including market interest rates and the interest-rate expectations of the market), the Interest Adjustment Rate, including the Initial Interest Adjustment Rate, on any Scheduled Trading Day within the range (deviation (+) or (-)) specified in the Table for any given Security. The adjusted rate will be published without undue delay in accordance with §12.

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.