Adjustment Mechanism Sample Clauses

Adjustment Mechanism. If an adjustment of the Exercise Price is required pursuant to this Section 13, the Optionee shall be entitled to purchase such number of additional shares of Common Stock as will cause (i) the total number of shares of Common Stock it is entitled to purchase pursuant to this Option, multiplied by (ii) the adjusted purchase price per share, to equal (iii) the dollar amount of the total number of shares of Common Stock it is entitled to purchase before adjustment multiplied by the total purchase price before adjustment.

Adjustment Mechanism. The Consideration as a percentage of the Operating Profit to be received by the State, shall be adjusted in accordance with the following formula: = 100% − Where: = Percentage of Operating Profit received by the State in Period . = Adjusted percentage of Operating Profit received by the Contractor in Period . The adjusted percentage of Operating Profit received by the Contractor in Period () will be calculated as follows: (a) When the metrics of operating result before taxes of the Contractor for the Period immediately preceding the relevant Period (−1) is less than the value U1, the percentage of the Operating Profit received by the Contractor will be 1. (b) When the value of the metrics of the operating result before Taxes of the Contractor for the Period immediately preceding the relevant Period (−1) is between 1 and 2, the percentage of Operating Profit received by the Contractor, , will be determined in accordance with the following formula: = − ( − ) ( −1 − 1 )

Adjustment Mechanism. If an adjustment of the Exercise Price is required pursuant to this Section 6, the Holder shall be entitled to purchase such number of additional shares of Common Stock as will cause (i) the total number of shares of Common Stock Holder is entitled to purchase pursuant to this Warrant, multiplied by (ii) the adjusted purchase price per share (the "Adjusted Exercise Price"), to equal (iii) the total number of shares of Common Stock Holder is entitled to purchase before adjustment multiplied by the Exercise Price before adjustment. For example, if Holder receives a warrant to purchase 1,500,000 shares of Common Stock at an Exercise Price of $1.00, and the Adjusted Exercise Price is $0.50, Holder will be entitled to receive 3,000,000 shares of Common Stock.

Adjustment Mechanism. (1) It is hereby agreed that starting with the second Lease Year, and during each subsequent Lease Year thereafter, Tenant shall pay to Landlord as additional rent, any projected increases in Tenant's Pro Rata Share I of the Operating Expenses I and Tenant's Pro Rata Share II of the Operating Expenses II in the Current Lease Year over calendar 1999 (hereinafter referred to collectively as "Tenant's Pro Rata Share of Operating Expense Increases." Commencing with the 13th rental payment under this Lease, Tenant shall pay to Landlord an estimate of such Tenant's Pro Rata Share of Operating Expense Increases, which payment Tenant shall pay to Landlord monthly in an amount equal to one-twelfth (1/12) of Tenant's Pro Rata Share of Operating Expense Increases for such Lease Year, as reasonably estimated by Landlord, with an adjustment to be made between the parties at a later date as hereinafter provided. As soon as practicable following the end of any Lease Year, but not later than the first day of December, beginning with the end of the first Lease Year, Landlord shall notify Tenant of the difference, if any, between Tenant's actual Pro Rata Share of Operating Expense Increases for the Lease Year just completed and the estimated amount of Tenant's Pro Rata Share of Operating Expense Increases (which was paid in accordance with this subparagraph) for such year. Such statement shall also set forth the amount of the estimated Tenant's Pro Rata Share of Operating Expense Increases reimbursement for the new Lease Year computed in accordance with the foregoing provisions. To the extent that actual Tenant's Pro Rata Share of Operating Expense Increases for any period covered by such statement is greater than the estimate which Tenant previously paid during the Lease Year just completed, Tenant shall pay to Landlord the difference in cash within 30 days following receipt of said statement from Landlord. To the extent that actual Tenant's Pro Rata Share of Operating Expense Increases for the period covered by the statement is less than the estimate which Tenant previously paid during the Lease Year just completed, Landlord shall pay to Tenant the difference within 30 days after the date of the statement. In addition, until Tenant receives such statement, Tenant's monthly reimbursement for the new Lease Year shall continue to be paid at the rate for the previous Lease Year, but Tenant shall commence payment to Landlord of the monthly installments of reimbursement on the ...

Adjustment Mechanism. If an adjustment of the Exercise Price is required pursuant to Section 6.2, the Holder shall be entitled to purchase such number of additional shares of Common Stock as will cause the total number of shares of Common Stock Holder is entitled to purchase pursuant to this Warrant, multiplied by the adjusted Exercise Price per share, to equal the dollar amount of the total number of shares of Common Stock Holder is entitled to purchase before adjustment multiplied by the total Exercise Price before adjustment.

Adjustment Mechanism. Except as otherwise specifically provided in the Schedules hereto, and only in respect to such Schedules, the Parties, through their respective Service Coordinators, shall meet (in person or via telephone) on an annual basis to review the Services provided during the immediately preceding year; provided, however, that the Parties may meet more frequently if so agreed between them. At each such meeting, the Parties shall adjust the applicable fee for each Service for which the fees are determined by reference to the number of units used during a given year. Such adjustment shall be based on the number of units of each such Service added or reduced, as applicable, during the preceding year multiplied by the unit cost of each such Service. All adjustments to the fees for a Service pursuant to this Section 4.2(b) shall be subject to the terms and conditions of any third party contract used to provide such Service.

Adjustment Mechanism. It is hereby agreed that commencing in the calendar year “2020” and continuing for each calendar year thereafter (each such year being referred to hereinafter as the “Comparison Year”), Tenant shall pay to Landlord, as additional rent (hereinafter referred to as “Tenant’s Share of the Operating Expenses”), T▇▇▇▇▇’s Proportionate Share of the amount by which the Operating Expenses for the Comparison Year actually exceed the Base Year Operating Expenses (hereinafter, the “Excess Operating Expenses”). The amount which Landlord designates as the estimated Excess Operating Expenses (hereinafter, the “Estimated Excess Operating Expenses”) shall be determined by Landlord, using the prior year’s actual Operating Expenses as the starting point for such calculation, and thereafter adjusting such figure taking into consideration relevant inflationary and deflationary factors and such other factors as Landlord deems reasonable (e.g. special maintenance and/or repair needs, costs to maintain the designation of Class “B” office space, unusual weather patterns, etc.

Adjustment Mechanism. If an adjustment of the Exercise Price is required pursuant to Section 11(c)(i), the Company shall deliver to the Investors within three (3) business days of the closing of the transaction giving rise to the adjustment (the "Delivery Date") written confirmation reflecting the adjusted Exercise Price.

Adjustment Mechanism. The Consideration as a percentage of the Operating Profit to be received by the State shall be adjusted in accordance with the following formula: SGt = 100% - SCAt SGt = Percentage of Operating Profit received by the State during Period t. SCAt = Adjusted percentage of Operating Profit received by the Contractor in Period t. The adjusted percentage of Operating Profit received by the Contractor during Period t(SCAt) will be calculated as follows: (a) When the metrics of the operating result before taxes of the Contractor for the Period immediately preceding the relevant Period (MROt – 1) is less than the value U1, the percentage of the Operating Profit received by the Contractor will be SC1. (b) When the value of the metrics of the operating results before taxes of the Contractor for the Period immediately preceding the relevant Period (MROT – 1) is between U1 and U2, the percentage of Operating Profit received by the Contractor, SCAt, will be determined in accordance with the following formula: Where: