Adjustment Payment definition

Adjustment Payment means, in respect of any Security, the payment (if any) determined by the Determination Agent as is required in order to reduce or eliminate, to the extent reasonably practicable, any transfer of economic value to or from the Issuer as a result of the replacement of the Index by the Alternative Pre-nominated Index. The Determination Agent may determine that the Adjustment Payment is zero.

Adjustment Payment shall have the meaning specified in Section 3.09(a).

Adjustment Payment shall have the meaning set forth in Section 2.6(e).

Examples of Adjustment Payment in a sentence

• Policy Lab was created alongside the Open Policy Making Team that defined the Open Policy Making toolkit and also the agenda upon which Policy Lab was set up.

• For any interval in which a Generator that is providing Regulation Service receives an AGC Base Point Signal that differs from its RTD Base Point Signal, it shall receive or pay a Regulation Revenue Adjustment Payment (“RRAP”) or Regulation Revenue Adjustment Charge (“RRAC”) calculated under the terms of this subsection, provided however no RRAP shall be payable and no RRAC shall be charged to a Limited Energy Storage Resource.

• Prior to the expiration of any Extension Period, the Company may further extend such Extension Period to any subsequent Contract Adjustment Payment Date, but not beyond the Purchase Contract Settlement Date (or any applicable Fundamental Change Early Settlement Date or Contract Adjustment Payment Date immediately preceding the Early Settlement Date, as the case may be).

• However, if the Issuer is unable to select an Alternative Post-nominated Index or determine an Adjustment Payment, or if the Issuer is able to select an Alternative Post-nominated Index and determine an Adjustment Payment but determines that any adjustments to the terms and conditions of the Securities will not achieve a commercially reasonable result for either the Issuer or the investors, the Issuer has the discretion to cause an early redemption of the Securities.

• If the book-entry system for the Units has been terminated, the Contract Adjustment Payments will be payable by check mailed to the address of the Person entitled thereto at such Person’s address as it appears on the Security Register, or, if such Person so requests and designates an account in writing to the Purchase Contract Agent at least five Business Days prior to the Contract Adjustment Payment Date, by wire transfer to such account.

More Definitions of Adjustment Payment

Adjustment Payment has the meaning set forth in Section 1.12(e).

Adjustment Payment has the meaning specified in Section 3.08(a) of the Transfer and Servicing Agreement.

Adjustment Payment has the meaning set forth in Section 4.7.

Adjustment Payment shall have the meaning specified in subsection ------------------ 3.9(a).

Adjustment Payment has the meaning set forth in Section 3.3(a) of this Agreement.

Adjustment Payment shall have the meaning specified in Section 3.9(a) of the Trust Sale and Servicing Agreement.

Adjustment Payment means, for any reduction in the principal amount of a Receivable pursuant to Section 3.8(a) of the related Sale and Servicing Agreement, an amount equal to the lesser of (a) the amount, if any, by which the Depositor Amount, as reduced by the amount of such reduction, would be less than the Required Depositor Amount on the preceding Calculation Date (if such Calculation Date is a Determination Date, after giving effect to the allocations, payments, withdrawals and deposits to be made on the Payment Date following such Determination Date), or (b) the amount of such reduction.