Examples of Adjustment Date in a sentence
In D.00-00-000, the CPUC authorized PG&E to submit Routine True-up Mechanism Advice Letters at least annually, before each [ ], semi-annually if required by the servicer before the Semi-Annual Adjustment Date, and more frequently as required by the servicer as permitted in the Financing Order.
On each MAG Adjustment Date, the Minimum Annual Guarantee will be adjusted such that the Minimum Annual Guarantee with respect to the upcoming Lease Year shall be increased to equal the following amount: MAG x Comparison Index Base Index Notwithstanding anything to the contrary herein, in no event will the Minimum Annual Guarantee for any Lease Year be lower than the Minimum Annual Guarantee with respect to the prior Lease Year.
The rental adjustment shall be calculated by multiplying the base rent set forth in paragraph 4.1 Rent (the “Base Rent”), by a fraction, the numerator being the Index published for the month immediately preceding the Adjustment Date (the “New Index”), and the denominator being the Base Index.
The Servicer shall implement the revised Fixed Recovery Charges, if any, resulting from such Routine Annual True-Up Adjustment as of the Annual Adjustment Date.