Adjustment Time definition
Examples of Adjustment Time in a sentence
The Operating Partnership and the Asset Entity shall make mutually satisfactory arrangements for counting such cash and determining the balances in the operating accounts as of the Adjustment Time.
Any changes made under (i), (ii), or (iii) will be deemed to be effective from and after the Adjustment Time.
The Operating Partnership shall be entitled to all hotel room, food service, bar, beverage and liquor revenues and charges and all revenues and charges from restaurant operations, hotel banquet and conference facility operations, and all other revenue of any kind attributable to any of the same for the period on and after the Adjustment Time.
The adjustments ------------------------ provided for herein shall be made in accordance with generally accepted accounting principles ("GAAP") applied on a consistent basis as of the close of business (11:59 p.m., mountain time) on the day immediately preceding the Closing Date (the "Adjustment Time").
All allocations provided for hereunder shall be made as of the Adjustment Time on the Closing Date, except as otherwise agreed in writing by the parties.