Upward Adjustment shall have the meaning set forth in Section 2.03(a).

Upward Adjustment has the meaning set forth in Section 10.2(c) of this Agreement.

Upward Adjustment means the amount of any additional consideration to be distributed to the Securityholders pursuant to Section 1.22 based on their Pro Rata Share as set forth on the Consideration Spreadsheet.

Examples of Upward Adjustment in a sentence

If Property Taxes and/or Excise Taxes for the current tax year have been assessed and paid as of the Closing Date, the ASSIGNEE will reimburse the ASSIGNOR for its proportionate share of these taxes, prorated as of the Effective Date, as an Upward Adjustment to the Purchase Price, as provided in Section 2.2.2.
Aggregate Price Upward Adjustment shall have the meaning set forth in Section 7.9(b) of this Agreement.
Buyer shall cause such issuance to occur within five Business Days from the date on which the Upward Adjustment Amount is finally determined pursuant to this Section.
Parent shall bear all Payroll Taxes with respect to (i) any Parent Severance Expenses made in connection with the transactions contemplated by this Agreement; and (ii) any payments with respect to the Upward Adjustment Amount and the release of the Escrow Account.
If Property Taxes for the current tax year have been assessed and paid as of the Closing Date, Buyer will reimburse Seller for its proportionate share of these taxes, prorated as of the Effective Date, as an Upward Adjustment to the Purchase Price, as provided in Section 3.2(b).

More Definitions of Upward Adjustment

Upward Adjustment means the sum of (i) the aggregate amount of all non-reimbursed Property Costs which are attributable to the period from and after the Effective Time and which have been incurred and paid by Pioneer USA and Properties LLC with respect to the Wellbores, (ii) any other upward adjustment mutually agreed upon by the Parties, and (iii) the amount Pioneer USA and Properties LLC are underproduced with respect to the Assets as of the Effective Time times $6.50 per MCF (or, with respect to oil Imbalances, $70.00 per barrel).

Upward Adjustment shall have the meaning set forth in Section 2.3(c) of this Agreement.

Upward Adjustment has the meaning set forth in Section 3.1(g).

Upward Adjustment has the meaning set out in Section 0 of Schedule 14 (Tax Deed).

Upward Adjustment means the amount of shares of Purchaser Common Stock to be distributed to the Securityholders pursuant to Section 1.21(d)(ii).

Upward Adjustment has the meaning set forth in Section 9.3.

Upward Adjustment as defined in Section 5.6 (i).