Closing Revenue Adjustment Amount definition

Closing Revenue Adjustment Amount means (i) if the Closing Revenue Ratio equals or exceeds 0.95, then $0 or (ii) if the Closing Revenue Ratio is less than 0.95, then an amount equal to the product of (A) the excess of 0.95 over the Closing Revenue Ratio times (B) a fraction, the numerator of which is four and the denominator of which is three, times (C) $20,000,000; provided that in no event may the Closing Revenue Adjustment Amount exceed $4,000,000.
Sample 1

Examples of Closing Revenue Adjustment Amount in a sentence

  • We hereby undertake to indemnify and hold you harmless against any claim, liabilities, losses, damages, costs, expenses, actions and proceedings including reasonable legal fees that may be brought against you, and any losses which you may incur or suffer arising out of or in connection with the execution of this CIL.

  • The numbers are even higher among American Indians, African Americans, Hispanics, and Pacific Island- As nurses, you understand that protecting and improving the health of people in Washington is a huge responsibility; that’s my commitment, too.

Related to Closing Revenue Adjustment Amount

  • 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;

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

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

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

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

  • 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.

  • Working Capital Adjustment Amount means the amount (which may be positive or negative) equal to the result of the Closing Net Working Capital minus the Target Working Capital Amount.

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

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

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Closing Cash Amount has the meaning set forth in Section 2.2.

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

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

  • Post-Closing Adjustment has the meaning set forth in Section 2.04(b)(ii).

  • Purchase Price Adjustment has the meaning set forth in Section 2.6.

  • Gross Settlement Amount means Two Hundred Forty Thousand Dollars and Zero Cents ($240,000.00) which is the total amount Defendant agrees to pay under the Settlement. The Gross Settlement Amount will be used to pay Individual Settlement Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, Class Representative Service Payment, and the Administration Expenses.

  • Unadjusted Principal Distribution Amount As defined in the definition of “Principal Distribution Amount.”

  • 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.

  • 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.

  • Price Adjustment means any and all price reductions, offsets, discounts, rebates, adjustments, and or refunds which accrue to or are factored into the final net cost to the hospital outpatient department or ambulatory surgical center.

  • Closing Cash Consideration has the meaning set forth in Section 2.6(a)(i).

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

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

  • Adjustment Escrow Amount means $1,000,000.

  • Principal Adjustment In the event that the 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 or Class B-6 Optimal Principal Amount is calculated in accordance with the proviso in such definition with respect to any Distribution Date, the Principal Adjustment for such Class of Class B Certificates shall equal the difference between (i) the amount that would have been distributed to such Class as principal in accordance with Section 4.01(a) for such Distribution Date, calculated without regard to such proviso and assuming there are no Principal Adjustments for such Distribution Date and (ii) the Adjusted Principal Balance for such Class.