Upward Adjustment definition

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

Examples of Upward Adjustment in a sentence

• If (i) the Calculation Agent determines on an FSN Adjustment Determination Date that a Funding Event has occurred and (ii) the FSN Adjustment Conditions will be satisfied on the corresponding FSN Adjustment Date, the FSN will be increased (where FSN Upward Adjustment has been specified) or reduced (where FSN Downward Adjustment has been specified) (as the case may be) on the corresponding FSN Adjustment Date such that the FSN is equal to the Target FSN.

• During the five years following the appropriations period of availability for new obligations, upward adjustments to obligations must be posted as debits against this account, and credited to either budget account 4981, Upward Adjustment of Prior Year Unpaid Delivered Orders, or to budget account 4982, Upward Adjustment of Prior Year Paid Delivered Orders.

• If FSN Upward Adjustment is specified to be applicable in the Prospectus, then on each Additional Funding Payment Date the Funding Swap Counterparty will pay to the Issuer an amount equal to the amount by which the FSN is required to be increased on that date.

• If Purchaser and Seller fail to agree to the Upward Adjustment, Seller may elect to have that portion of the Purchased Assets subject to such increase in value excluded from the Purchased Assets to be purchased by Purchaser.

• The Adjustment Statement so revised shall be deemed to set forth the final, conclusive and binding Final Working Capital, Final Closing Indebtedness, Final Transaction Expenses and Final Closing Cash, in each case, for purposes of this Agreement (including the determination of the Downward Adjustment Amount or Upward Adjustment Amount, as applicable).

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 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.

Upward Adjustment is defined in Section 2.6(a)(i).

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

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

Upward Adjustment as defined in Section 5.6 (i).

Upward Adjustment has the meaning set forth in Section 9.3.