Adjustments for Material Changes Clause Samples

Adjustments for Material Changes. In the event that there is any material change in the Common Shares of DynaMotive through the declaration of stock dividends or stock splits or consolidations or exchanges of shares, the Options shall be deemed to have been exchanged by DynaMotive for new options to purchase a number of Common Shares at an exercise price which is adjusted appropriately (the "New Options") such that the amount by which the total value of the Common Shares under the New Options exceeds the total price to acquire such shares under the New Options, immediately after such a material change, is not greater than nor materially less than such an amount would have been under the original Options, immediately prior to such material change. The adjusted terms of the New Options shall be effective and binding for all purposes of this Agreement.

Adjustments for Material Changes. In the event of any increase or decrease in energy consumption and demand for any month resulting from a reported or unreported Material Change, the amount of that increase shall be subtracted from or that decrease shall be added to the total energy consumption and demand for that month prior to the calculation of energy savings pursuant to Attachments F and G. 5.8.3.1. If a reported or unreported Material Change affected energy consumption and demand in the same calendar month in the preceding year, the next preceding contract year where a Material Change has not occurred will be used to compute the value of the Material Change and the energy savings for the current month. --- End of Attachment F --- Customer and ▇▇▇▇▇▇▇▇▇ agree that the remaining term energy and operational cost savings guarantee described in the guaranteed energy savings contract executed by the parties on June 4, 2008 shall be deemed satisfied and shall be terminated upon execution of the Attachment J Final Project Acceptance Certificate.

Adjustments for Material Changes. In the event of any increase in energy consumption and

Adjustments for Material Changes. In the event of any increase or decrease in energy consumption and demand for any month resulting from a reported or unreported Material Change, the amount of that increase shall be noted in the annual reconciliation report and addressed according to the provisions herein.