Distribution Adjustment means the adjustment of the Factor Level and Protection Level caused by distribution payments of the Underlying. If the Underlying pays out distribution, the Calculation Agent will subtract the Distribution Amount from the Factor Level as well as from the Protection Level. The adjustment will be effective on the ex-distribution day.
Distribution Adjustment is defined in Section 2.3(a)(ii).
Distribution Adjustment means the adjustment of the Strike and Barrier caused by distribution payments of the Underlying.
Examples of Distribution Adjustment in a sentence
Refer to the Firm Rate Schedules which present both the delivery charge and cost of gas rates.Other Charges for Delivery ServiceThe customer must also pay such charges and adjustments as are set forth in the Company’s Local Distribution Adjustment Clause, as in effect from time to time and on file with the Commission.
Entries to this account shall be determined as outlined in the Local Distribution Adjustment Clause, 220 C.M.R. 6.10.
Refer to Page 92 of this Tariff for firm rate schedules which present both the delivery charge and cost of gas rates.Other Charges for Delivery ServiceThe customer must also pay such charges and adjustments as are set forth in the Company’s Local Distribution Adjustment Clause, as in effect from time to time and on file with the Commission.
The adjustment to the Exercise Price shall take effect on the Cash Distribution Adjustment Date.
Refer to Page 90 or 91 of this Tariff for firm rate schedules which present both the delivery charge and cost of gas rates.Other Charges for Delivery ServiceThe customer must also pay such charges and adjustments as are set forth in the Company’s Local Distribution Adjustment Clause, as in effect from time to time and on file with the Commission.
More Definitions of Distribution Adjustment
Distribution Adjustment means the adjustment of the Factor Adjustment Reference Price and the Factor Level during the Ordinary Daily Adjustment caused by distribution payments of the Underlying. On the ex-day of such distribution payment, the following adjustments will be affected: (i) the Factor Adjustment Reference Price will be reduced by the Relevant Distribution Amount; and (ii) the resulting Factor Level will be further decreased by an amount equal to the Relevant Distribution Amount multiplied by the Multiplier in effect immediately before this Ordinary Daily Adjustment and divided by the resulting Multiplier of this Ordinary Daily Adjustment. The Relevant Distribution Amount is equal to the Net Distribution of the Underlying.
Distribution Adjustment means the adjustment of the Strike
Distribution Adjustment means the adjustment of the Strike and Barrier caused by distribution payments of the Underlying. If the Underlying pays out distribution, the Calculation Agent will subtract the Distribution Amount from the Strike as well as from the Barrier. The adjustment will be effective on the ex-distribution day.[If any component of the Underlying pays out distributions, which are not reinvested by the Underlying, those distribution payments will be weighted according to the weighting of the corresponding component within the Underlying on the cum-distribution day and then be treated as distributions paid out by the Underlying itself on the ex-distribution day.]The “Financing Costs” of each Turbo Adjustment Date shall be the Financing Amount multiplied by the sum of (i) the Financing Rate and (ii) the Financing Rate Margin, subsequently divided by360 and multiplied by the number of calendar days since the immediately preceding Turbo Adjustment Date.The “Financing Amount” shall be [the Strike][the difference between (i) the Strike and (ii) the Turbo Adjustment Reference Price on the immediately preceding Turbo Adjustment Date][the difference between (i) zero and (ii) the Strike][the difference between (i) the Turbo Adjustment Reference Price on the immediately preceding Turbo Adjustment Date and (ii) the Strike].
Distribution Adjustment means the adjustment of the Strike and Barrier caused by distribution payments of the Underlying. If the Underlying pays out distribution, the Calculation Agent will subtract the Distribution Amount from the Strike as well as from the Barrier. The adjustment will be effective on the ex-distribution day.
Distribution Adjustment has the meaning set out in Schedule 6;
Distribution Adjustment means, with respect to any period for which such amount is to be determined, the sum of (x) the cumulative aggregate per share amount of all cash dividends or distributions made by or on behalf of the Company in respect of a share of Common Stock during such period (or, as to any such share held as a treasury share by the Company, which would have been so distributed by the Company had such share been held by a person other than the Company) plus (y) the cumulative aggregate per share amounts of any other net payments or distributions made to all or any holders of the Common Stock which are determined by the Committee to constitute in substance payments or distributions made by or on behalf of the Company in respect of the Common Stock or any other equity security of the Company (other than any payments or distributions for which an adjustment has been made pursuant to Section 7 hereof) during such period plus (z) an assumed investment return in respect of any amounts included pursuant to clause (x) or clause (y) above, which assumed return shall be determined over the period from the date of such dividend, distribution or other payment through the date of determination of the Share Appreciation Amount and shall be based upon the Share Appreciation Hurdle. 4 (B) Type B Options. Except as otherwise may be specified by the Committee in writing, each Type B Option granted under the Plan shall vest in full on the fourth anniversary of the Grant Date therefor provided that the Optionee has been continuously employed by the Company from the Grant Date until the date on which such Option is scheduled to vest. Each Type B Option, to the extent vested, shall become exercisable only if the Intrinsic Value Appreciation Amount (as hereinafter defined) for the period from the Grant Date until the Initial Exercisability Date exceeds the Intrinsic Value Appreciation Hurdle (as hereinafter defined) determined with respect to the same period, or, in the event such condition is not satisfied with respect to the Initial Exercisability Date, on any Subsequent Exercisability Date in respect of which the Intrinsic Value Appreciation Amount for the period from the Grant Date until the such Subsequent Exercisability Date shall exceed the Intrinsic Value Appreciation Hurdle determined with respect to the same period and provided that the Optionee therefor shall remain a full-time employee of the Company on such Subsequent Exercisability Date. Vested Type B Options which do not bec...
Distribution Adjustment shall have the meaning ascribed to such term in Section 2.5.