Common use of Consideration Adjustment Clause in Contracts

Consideration Adjustment. The Consideration shall be adjusted (a) upward by an amount equal to the applicable Capital Contribution Adjustment Amount and (b) downward by the applicable Additional Distribution Amount.

Appears in 3 contracts

Sources: Contribution Agreement (El Paso Pipeline Partners, L.P.), Contribution Agreement (El Paso Pipeline Partners, L.P.), Contribution Agreement (El Paso Pipeline Partners, L.P.)

Consideration Adjustment. The Consideration shall be adjusted (a) upward by an amount equal to the applicable SNG Capital Contribution Adjustment Amount and (b) downward by the applicable Additional Distribution Amount.

Appears in 1 contract

Sources: Contribution Agreement (El Paso Pipeline Partners, L.P.)