Adjustability Clause Samples
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Adjustability. The Loans principal amount owed by IBEROAMERICAN to the Creditors will be determined and paid in Pesos, at the Unidad de Fomento rate in force on the respective payment date thereof, provided that, if payment shall be made after the stated maturity, and on such date the Unidad de Fomento rate shall be higher, then, the latter rate shall be used. Pursuant to the provisions of paragraph nine of Section 35 of the Charter of Chilean Central Bank, contained in section one of Law 18,840, published on the Official Gazette of October 10, 1989, the parties hereto agree that, if for whichever reason, either the Unidad de Fomento, or its current calculation modality no longer existed, all obligations stated in Unidad de Fomento under this Agreement will continue to be governed by the rules therefore in force as at such date, unless the parties agree on replacing such rules for a new system for the adjustment of Chilean banks transactions, as issued by the Central Bank of Chile.
Adjustability. The need for adjustments must be avoided where possible. Where adjustment points cannot be avoided, they must be readily accessible, adequately identified, and self-locking to prevent inadvertent adjustment or drift.
Adjustability. B.1 All daily adjustments shall be easily made by the user from a seated position. Standard adjustments include: seat height; backrest height and angle; seat pan depth and angle; armrest height; and horizontal armrest distance.
B.2 Seat pan and backrest shall adjust independently. Synchronized seat/back adjustment mechanisms are not acceptable.