Payment Adjustment Sample Clauses

Payment Adjustment. B.6.5.4.1 If Design Builder fails to implement appropriate corrective measures for all QMS deficiencies identified during an audit, in accordance with Sections B.6.5.1, B.6.5.2, or B.6.5.3, within 30 Calendar Days of receipt of the audit results, a Payment Adjustment will be assessed in accordance with Schedule 14 – Payment Adjustments.

Payment Adjustment. Payments under Article FIRST A. shall be made without regard to whether the deductibility of such payments (or any other payments or benefits to or for the benefit of Associate) would be limited or precluded by Section 280G of the Code and without regard to whether such payments (or any other payments or benefits) would subject Associate to the federal excise tax levied on certain “excess parachute payments” under Section 4999 of the Code; provided, that if the total of all payments to or for the benefit of Associate, after reduction for all federal, state and local taxes (including the excise tax under Section 4999 of the Code) with respect to such payments (“Associate’s total after-tax payments”), would be increased by the limitation or elimination of any payment under Article FIRST A., or by an adjustment to the vesting of any equity-based awards that would otherwise vest on an accelerated basis in connection with the Change in Control (and the termination of employment), amounts payable under Article FIRST A. shall be reduced and the vesting of equity-based awards shall be adjusted to the extent, and only to the extent, necessary to maximize Associate’s total after-tax payments. Any reduction in payments or adjustment of vesting required by the preceding sentence shall be applied, first, against any benefits payable under Article FIRST A., and then against the vesting of any equity-based awards, if any, that would otherwise have vested in connection with the Change in Control (and the termination of employment). The determination as to whether Associate’s payments and benefits include “excess parachute payments” and, if so, the amount and ordering of any reductions in payment required by the provisions of this Article SECOND shall be made at the Corporation’s expense by Ernst & Young LLP or by such other certified public accounting firm as the Compensation 8

Payment Adjustment. Concurrently with the execution of this ------------------ Agreement, the Fox Parties shall, and hereby agree to, pay to the Management Company an amount equal to the aggregate of the fees and commissions received by or credited to the account of FBC in connection with the Administration Agreement during the period commencing on June 1, 1995 and concluding on the date hereof.

Payment Adjustment. If the CBBEP terminates for convenience or because of force majeure, PERFORMING PARTY shall be paid only for goods and services provided and necessary expenses incurred prior to termination.

Payment Adjustment. If any change in services in the benefit package occurs that are mandated by federal or state law and incorporated into this contract, the Department shall adjust the capitation rate accordingly.

Payment Adjustment. If the independent accountants acting as auditors for Holding Company on the date of a Change in Control (or another accounting firm designated by the parties) determine, in consultation with legal counsel acceptable to the parties, that any amount payable to Executive by Holding Company under this Agreement, or any other plan or agreement under which Executive participates or is a party, would constitute an "excess parachute payment" within the meaning of Section 280G of the Code, and any regulations thereunder, and be subject to the "excise tax" imposed by Section 4999 of the Code, Holding Company shall pay to Executive the amount of such excise tax and all federal and state income or other taxes with respect to the payment of the amount of such excise tax, including all such taxes with respect to any such additional amount. If at a later date, the Internal Revenue Service assesses a deficiency against Executive for the excise tax which is greater than that which was determined at the time such amounts were paid, if any, Holding Company shall pay to Executive the amount of such excise tax plus any interest, penalties and professional fees or expenses, incurred by Executive as a result of such assessment, including all such taxes with respect to any such additional amount. The highest marginal tax rate applicable to individuals at the time of payment of such amounts will be used for purposes of determining the federal and state income and other taxes with respect thereto. Holding Company shall withhold from any amounts paid under this Agreement the amount of any excise tax or other federal, state or local taxes then required to be withheld. Computations of the amount of any supplemental compensation paid under this Section 2.4 shall be made by the independent public accountants then regularly retained by Holding Company, in consultation with legal counsel acceptable to the parties. Holding Company shall pay all accountant and legal counsel fees and expenses.

Payment Adjustment. The payment adjustment shall be based on information from the Community Solar First Year Report submitted by Seller. The Community Solar First Year Report is required to be submitted by Seller on or prior to June 10, 2021 and should be submitted concurrent with its invoice submitted on June 10, 2021, if any. This payment adjustment will be reflected in the Quarterly Netting Statement issued by the IPA on September 1, 2021 and can be included in Seller's invoice due September 10, 2021. Price Elements (based on Community Solar Subscription Mix)

Payment Adjustment. In the event Company, its Affiliate or a Sublicensee directly or indirectly institutes or makes any Challenges, the payment obligations specified in Sections 3 and 4 of this Agreement shall be *** during the pendency of such Challenges from the date the challenging party first institutes or makes such Challenges and during the pendency of such Challenges, and shall continue to apply after the conclusion of such Challenges in the event that at least one (1) claim of the Licensed Patent Rights being challenged is held to be valid and enforceable; provided, however, ***.

Payment Adjustment. The Company agrees to make a payment adjustment (a “Payment Adjustment”) to Investor for any difference in the Purchase Price and 92% of the lowest average daily VWAP in the next five (5) Trading Days, but only if such price is lower than the Purchase Price and which shall be paid to the Investor by the Company in Common Stock. The form of settlement document to be used in connection with a Payment Adjustment is set forth in Exhibit B attached hereto.