Adjustments to Base Price. In the event the Company shall issue Additional Shares of Common Stock (including Additional Shares of Common Stock deemed to be issued pursuant to subsection (e)(ii) of this Section 6) without consideration or for a consideration per share less than the Base Price in effect immediately prior to the issuance of such Additional Shares of Common Stock, then and in each such case, the Base Price in effect on the date of and immediately prior to such issuance shall be adjusted, concurrently with such issue, to a price (calculated to the nearest cent) determined by multiplying such Base Price by a fraction, the numerator of which shall be the number of shares of Common Stock outstanding immediately prior to such issue plus the number of shares of Common Stock which the aggregate consideration received by the Company for the total number of Additional Shares of Common Stock so issued would purchase at such Base Price, including for such purposes the consideration paid and payable for Additional Shares of Common Stock deemed issued pursuant to subsection (e)(ii) of the Section 6, in accordance with subsection (e)(iv) of this Section 6, and the denominator of which shall be the number of shares of Common Stock outstanding immediately prior to such issue plus the number of such Additional Shares of Common Stock so issued and deemed issued under subsection (e)(ii) of this Section 6. The Base Price, as adjusted from time to time, shall be used to calculate in accordance with Section 6(e)(vi) below the additional number of shares of Common Stock the Holder is entitled to purchase upon exercise of this Warrant.
Adjustments to Base Price. The Base Price shall be subject to adjustment prior to and following the Closing as follows:
Adjustments to Base Price. The Base Price shall be adjusted quarterly according to changes in the APS System Coal Price Index. The resulting price shall be referred to as the "Adjusted Base Price." The APS System Coal Price Base Index is [*].(5) Beginning October 1, 1989 and each January 1, April 1, July 1, and October 1 thereafter (the "Adjustment Date"), the Base Price shall be adjusted by determining the percentage change [*].(5) The Adjusted Base Price is equal to the Base Price multiplied by one plus the percentage change. (See example calculation attached hereto as Exhibit B.) If the APS System Coal Price Index should be discontinued, and no equivalent replacement index is specified by APS, a new index or indices most accurately reflecting changes in the applicable cost(s) of Seller will be substituted by mutual agreement of the parties hereto. ------------------------------- (5) Portions of this exhibit have been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission (the "Commission"). The omitted portions, marked by "[*]," have been filed separately with the Commission.
Adjustments to Base Price. The Base Price shall be adjusted in the manner provided in this Section 2.4 (collectively, the "Adjustments").
Adjustments to Base Price. At the end of the first Contract Year and at the end of each following Contract Year, the Base Price, as previously adjusted, shall be adjusted based on changes in actual costs during the just completed Contract Year subject to adjustment not more frequently than once per Contract Year to reflect increases in SENETEK's cost of goods, which adjustment shall be limited to the amounts by which third party invoices to SENETEK for manufacturing, packing and shipping kinetin have increased since the last annual adjustment, if any, and shall not include increases in SENETEK's overheads.
Adjustments to Base Price. At the end of the first Contract Year and at the end of each following Contract Year, the Base Price, as previously adjusted, shall be adjusted based on changes in actual costs during the just completed Contract Year.
Adjustments to Base Price. The initial payment of the Base Price at the Closing will be adjusted as follows:
Adjustments to Base Price. The Purchase Price shall be determined by subtracting the following from $42,000,000:
Adjustments to Base Price. Introduction - This Exhibit E describes the terms and conditions, and the specifications for the payment by the Buyer for lignite delivered to the Facility. There are several price components for which quarterly adjustments will be made to reflect actual conditions and escalation or de-escalation. The specific price components subject to adjustment, including the bases and methodology to be used in making those adjustments, are detailed below. Pricing subsequent to December 31, 1999, will be escalated in accordance with the formula cited below.
Adjustments to Base Price
