Adjustment Payment definition

Adjustment Payment shall have the meaning specified in Section 3.09(a).

Adjustment Payment means, in respect of any Security, the payment (if any) determined by the Determination Agent as is required in order to reduce or eliminate, to the extent reasonably practicable, any transfer of economic value to or from the Issuer as a result of the replacement of the Index by the Alternative Pre-nominated Index. The Determination Agent may determine that the Adjustment Payment is zero.

Adjustment Payment has the meaning set forth in Section 2.6(e).

Examples of Adjustment Payment in a sentence

• Such Adjustment Payment may reduce the amount(s) payable to Securityholders under the Securities.

• If the Determination Agent is unable to determine an Adjustment Payment, then §4b(2)(c) shall apply.

• FindingsAs noted earlier in this report, on December 7, 2021, the OCIO issued a One Washington Program Advisory memo that documented seven key concerns of the OCIO.

• However, if the Issuer is unable to select an Alternative Post-nominated Index or determine an Adjustment Payment, or if the Issuer is able to select an Alternative Post-nominated Index and determine an Adjustment Payment but determines that any adjustments to the terms and conditions of the Securities will not achieve a commercially reasonable result for either the Issuer or the investors, the Issuer has the discretion to cause an early redemption of the Securities.

• Total Pediatric Inpatient Adjustment Payment in accordance with 148.298(a):{Line 4 * Line 5} N/A*Total psychiatric and rehabilitation days {Line 4} may not exceed 850 days.

More Definitions of Adjustment Payment

Adjustment Payment shall have the meaning specified in subsection 4.03(c).

Adjustment Payment has the meaning specified in Section 3.08(a) of the Transfer and Servicing Agreement.

Adjustment Payment has the meaning set forth in Section 2.04(c).

Adjustment Payment has the meaning set forth in Section 3.2(b) of this Agreement.

Adjustment Payment has the meaning set forth in Section 5.3(c).

Adjustment Payment shall have the meaning specified in Section 3.9 of the Trust Sale and Servicing Agreement.

Adjustment Payment means, for any reduction in the principal amount of a Receivable pursuant to Section 3.8(a) of the related Sale and Servicing Agreement, an amount equal to the lesser of (a) the amount, if any, by which the Depositor Amount, as reduced by the amount of such reduction, would be less than the Required Depositor Amount on the preceding Calculation Date (if such Calculation Date is a Determination Date, after giving effect to the allocations, payments, withdrawals and deposits to be made on the Payment Date following such Determination Date), or (b) the amount of such reduction.