Audit Adjustments definition

Audit Adjustments means the aggregate value of all changes in the Cost Base required to be taken into account by the Ancillary Services Provider during any Accounting Period in order to give effect to the conclusions resulting from an audit commissioned pursuant to Clause 51.5;
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Audit Adjustments has the meaning specified in Section 9.01(a).
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Audit Adjustments means adjustments to the Consolidated and Combined Statements of Earnings and Comprehensive Income, the Consolidated and Combined Balance Sheets, and the Consolidated and Combined Statements of Cash Flows of the Draft Audit Report for purposes of preparing the Audited Financial Statements using the rollover method whereby such adjustments are recorded in the appropriate year or years.
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Examples of Audit Adjustments in a sentence

  • As required by SAS No. 89, Audit Adjustments, the management letter should include a representation regarding the materiality of uncorrected financial statement misstatements aggregated by the auditor(s).

  • A written audit report is generated from the auditor's computer and if your account is adjusted, you will be given a copy of "Proposed Audit Adjustments".

  • The parties agree and understand that their respective obligations to make payments hereunder resulting from Audit Adjustments shall apply in circumstances wherein there is no additional net Tax liability payable to a Tax Authority attributable to the adjustment of one or more Tax Items on the applicable Tax Return but the Audit Adjustments result in changes to the State/Foreign With Amount and/or State/Foreign Without Amount as recalculated to reflect such Audit Adjustments.

  • Identify any significant audit adjustments.The Posted Audit Adjustments schedule, as listed in the table of contents, lists material misstatements detected as a result of audit procedures that were corrected by management.The Passed Audit Adjustments schedule, as listed in the table of contents, summarizes uncorrected misstatements of the financial statements.

  • Audit Adjustments The audit identifies the status of each project funded with TransNet funds – i.e., completed projects, projects that have ne gative balances, inactive projects, and ongoing projects.

  • After travel is completed, Subcontractor shall, if requested by the SDR, provide written post-travel trip report regarding foreign contacts, destinations, and purpose.(b) Audit Adjustments.

  • These results suggest that summer food limitation remains a major stressor on delta smelt.Habitat availability and suitability also may be indirectly influencing food quantity and quality.

  • An Exit Meeting may be scheduled prior to the issuance of the Exit Meeting Summary of Audit Adjustment Notice, but if the scheduled Exit Meeting does not occur within five business days of the issuance of the Exit Meeting Summary of Audit Adjustments Notice, then the meeting date must change to occur within five business days of the notice.

  • The Preliminary Summary of Audit Adjustments Notice will be issued after the Exit Meeting is held or waived.

  • Finding 2006-004 Audit Adjustments and/or Restatements Criteria: A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements of the financial statements on a timely basis.


More Definitions of Audit Adjustments

Audit Adjustments shall have the meaning described in Section 13.5 "Audit Committee" shall have the meaning described in Section 32.3 "Audit Shortfall" shall have the meaning described in Section 13.5 "Capital Expenditures" shall have the meaning described in Section 13.2(a)(ii) "Cash" shall have the meaning described in Section 13.2(b)(aa) "CeramTec" shall have the meaning described in Section 3.1 "CeramTec North America" shall have the meaning described in Section 3.4 "Chemetall" shall have the meaning as described in Section 5.1 "Chemetall Corporation Subsidiaries" shall have the meaning as described in Section 5.4 "Closing" shall have the meaning as described in Section 15.1 "Closing Adjustment Calculation" shall have the meaning described in Section 14.1 "Closing Balance Sheet" shall have the meaning described in Section 14.1 "Closing Conditions" shall have the meaning described in Section 15.2 "Closing Date" shall have the meaning described in Section 15.1 "Closing Net Financial Debt" shall have the meaning described in Section 13.2 "Closing Working Capital" shall have the meaning described in Section 14.1 "Code" shall have the meaning described in Section 17.43(f)(bb) "Companies" shall have the meaning described in Section 9.4 "Compliance Order" shall have the meaning described in Section 23.1(g) "Consolidated Companies" shall have the meaning described in Exhibit 14.1(a)
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Audit Adjustments for purposes of this Section 1.2(A) shall mean the difference between EBITDA for Fiscal Year 2000 based upon the audited financial statements of the Loan Parties to be provided to Agent pursuant to Section 4.7(C) of this Agreement and Fiscal Year 2000 EBITDA in the amount of $19,184,000, as set forth on the Compliance Certificate delivered to Agent on February 8, 2001."
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Related to Audit Adjustments

  • Credit Adjustment shall have the meaning specified in Section 3.02.

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • Adjustments are all discounts, allowances, returns, disputes, counterclaims, offsets, defenses, rights of recoupment, rights of return, warranty claims, or short payments, asserted by or on behalf of any Account Debtor for any Financed Receivable.

  • Tax Adjustment has the meaning set forth in Section 4.7.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Related Adjustment means, in determining any LIBOR Successor Rate, the first relevant available alternative set forth in the order below that can be determined by the Administrative Agent applicable to such LIBOR Successor Rate:

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Value Adjustments means cash lending revenues and other revenues on collateral in respect of a Series of ETP Securities.

  • Interest Adjustment Rate means the interest adjustment rate assigned to the Security. The initial Interest Adjustment Rate is the interest adjustment rate specified in the Table (the "Initial Interest Adjustment Rate").The Issuer may adjust, in its reasonable discretion pursuant to §315 BGB and in consideration of the relevant capital market practice and by acting in good faith (including market interest rates and the interest-rate expectations of the market), the Interest Adjustment Rate, including the Initial Interest Adjustment Rate, on any Scheduled Trading Day within the range (deviation (+) or (-)) specified in the Table for any given Security. The adjusted rate will be published without undue delay in accordance with §12.

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • Cost of Living Adjustment means the percentage (if any) by which the Consumer Price Index for the month of October preceding the adjustment ex- ceeds the Consumer Price Index for the month of October one year before the month of October preceding date of the adjustment.

  • Buy In Adjustment Amount shall have the meaning specified in Section 6.

  • Closing Adjustment Amount shall have the meaning set forth in Section 2.3(b)(i)(A).

  • Contract Adjustment Payments means the payments payable by the Company on the Payment Dates in respect of each Purchase Contract, at a rate per year of [ ]% of the Stated Amount per Purchase Contract.

  • Closing Adjustment has the meaning set forth in Section 2.04(a)(ii).

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Open Market Adjustment Amount shall have the meaning specified in Section 2(I).

  • Increased Assessed Value means, for each Fiscal Year during the term of this Agreement, the amount by which the Current Assessed Value for such year exceeds the Original Assessed Value. If the Current Assessed Value is less than or equal to the Original Assessed Value in any given Tax Year, there is no Increased Assessed Value in that year.

  • Central Bank Rate Adjustment has the meaning given to that term in the Reference Rate Terms.

  • SOFR Adjustment means 0.10% (10 basis points) per annum.

  • Lot line adjustment means the relocation of the property boundary line in a

  • Substitution Adjustment Amount As defined in Section 2.03.

  • Adjustment Price means the lowest Underlying Price within the Adjustment Period after the Underlying Price is for the first time equal to or below the Adjustment Threshold.

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).