Completion Adjustment definition

Completion Adjustment shall have the meaning set forth in Part I of Appendix B.
Completion Adjustment means either:
Completion Adjustment means either: (1) the amount, if any, released to the Class B Member from the Project Completion Account following achievement of Final Completion in accordance with the ECCA (the amount so released, the “Surplus Amount”); or

Examples of Completion Adjustment in a sentence

  • Although progress has been made to finalise the fair values of the assets and liabilities acquired, the Completion Adjustment is expected to result in a change to the total consideration paid and resultantly impact the values of certain assets and liabilities.

  • The number of Adjustment Shares to be issued to the Vendors will be calculated by reference to the Completion Adjustment Amount.

  • If the Completion Adjustment is a negative number, the Stated Price shall be reduced by an amount equal to the amount of the Completion Adjustment.

  • The aggregate Completion Adjustment Amounts shall be applied first to reduce any unfunded Capital Contributions of the Limited Partner, commencing with the first unfunded Capital Installments.

  • Under the processes defined in the SSA, an Independent Expert (IE) has been engaged with both Service Stream and the vendor providing their positions on the Completion Adjustment Payment to the IE who will decide the final outcome.


More Definitions of Completion Adjustment

Completion Adjustment. MEANS AN AMOUNT, IF ANY, PAYABLE BY THE BUYERS OR THE SELLER PURSUANT TO CLAUSE 5; “COMPLETION DATE” HAS THE MEANING GIVEN TO IT IN CLAUSE 7.2;
Completion Adjustment means, with respect to each Greenfield Plant, on the Commercial Operation Date for such Greenfield Plant, an amount equal to twenty-five percent (25%) of any difference (whether positive or negative) between (x) the aggregate total amount of Construction Project Costs set forth for such Greenfield Plant in the Construction Budget for such Greenfield Plant delivered and approved pursuant to Section 6.04(h) (Conditions to First Funding for Each Greenfield Plant) of the Credit Agreement minus (y) the aggregate total amount of actual and documented Construction Project Costs for such Greenfield Plant through and including the Commercial Operation Date (after taking into account any Construction Project Costs reserved for in accordance with clause (vi) of the definition of Commercial Operation Date).
Completion Adjustment has the meaning set out in clause 3.3. Completion Date: the date of this agreement. Completion Payment: US$11,893,764.79, having been determined as follows: US$15,941,048.00 (being the agreed enterprise value of the Company), less US$3,781,250.00 (being the agreed value of the Consideration Shares), less an amount equal to the Escrow Amount plus an amount equal to the Estimated Cash x 0.85, less an amount equal to the Estimated Indebtedness and plus an amount equal to the Estimated Working Capital Adjustment, and subject to adjustment in accordance with clause 3.3.
Completion Adjustment shall have the meaning set forth in Part I of Appendix B. “Completion Adjustment Date” shall have the meaning set forth in Part I of Appendix B. “Consents” shall have the meaning set forth in Section 2.5. “Deficit Amount” shall have the meaning set forth in Part I of Appendix B. App. A-1 - 1
Completion Adjustment means the amount determined in accordance with clause Schedule 13.
Completion Adjustment has the meaning given to it in clause 7.2.
Completion Adjustment is defined in Clause 4.2.1 of Schedule 7;