Additional Adjustments definition
Examples of Additional Adjustments in a sentence
In extraordinary circumstances, as approved by the Consortium, Additional Adjustments may be paid to an Operator to respond to extraordinary circumstances imposed by external legislative forces that may result in Operator financial hardship, that as deemed by the Consortium, would be no fault of the Operator (i.
Purchaser shall fully cooperate with Seller in connection with the conduct and timely completion of the audit and review of, and the preparation and delivery of, the Post-Closing Financial Statements, and in connection with Seller’s review and objections to the Closing Statement, the Additional Revenue Statement, and the Additional Adjustments Statement, and in connection with Seller’s performance of all its other obligations under this Agreement.
The Consortium will approve Additional Adjustments when an Operator is required to respond to an event outside of the Operator’s control that results in additional time or kilometres, greater than thirty (30) minutes or twenty-five (25) kilometres, and as proactively communicated as an incident to the Consortium.
The Series F Additional Adjustments shall not be deemed to result in an increase in the number of shares of outstanding Common Stock until such adjustments occur.
In addition, the Estimated Closing Statement shall also set forth (x) the Additional Deferred Revenue Adjustment (as defined below), calculated in accordance with GAAP and estimated as of the Closing, and (y) the Additional Adjustments (as defined below), based upon the Estimated Working Capital and estimated as of the Closing.
In addition, the Actual Closing Statement shall also set forth (x) the Additional Deferred Revenue Adjustment, calculated in accordance with GAAP as of the Closing, and (y) the Additional Adjustments, based upon the Actual Working Capital as of the Closing.
Accounting Adjustments 29 Section 11.1 Adjustments for Revenues and Expenses 29 Section 11.2 Initial Adjustment at Closing 30 Section 11.3 Adjustment Post Closing 30 Section 11.4 Additional Adjustments 30 ARTICLE XII.
The Consortium may approve or deny requests for Additional Adjustments by the Operator.