Adjustment Payment definition

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

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 has the meaning set forth in Section 2.6(e).

Examples of Adjustment Payment in a sentence

• During the period of the Adjustment Payment, the Executive shall not be required to attend to work, or perform her position duties.

• For avoidance of doubt, the Quarterly and Annual Adjustment Payment may be either a charge or a credit to Customer, as calculated in accordance with the PSA.

• If the Executive accepts and commences any alternate employment during the Adjustment Payment period (“ New Position”), she shall be entitled to a reduced adjustment payment equal to the Adjustment Payment minus the Executive’s New Position’s salary and social benefits (“Reduced Adjustment Payment”) for the remaining period.

• Should the Company decide to cease the employer-employee relationship during the Reduces Adjustment Payment, it shall redeem the Reduced Adjustment Payment and pay it as a lump - sum payment.

• For the avoidance of doubt, under circumstance of termination for Cause (as such terms is defined in the Employment Agreement), the Executive shall not be entitled to the Adjustment Payment, or any part of it.

More Definitions of Adjustment Payment

Adjustment Payment shall have the meaning set forth in Section 2.2(b)(iii).

Adjustment Payment shall have the meaning specified in subsection 4.03(c).

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 3.2(b) 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 any Purchase Price Credit, Repurchase Price or Special Adjustment Amount (as defined in the applicable Sale Agreement) payable to Seller (including as assignee of Finance LLC) or its assigns pursuant to a Sale Agreement.

Adjustment Payment has the meaning specified in Section 13 of this Agreement.