Financial Adjustment definition

Financial Adjustment means an adjustment in the amounts payable under this Agreement (whether in the form of a lump sum or recurrent payment or increase in the Contract Price or otherwise) pursuant to clause 15. gas means a mixture of one or more hydrocarbons and other gases which, at atmospheric pressure and 15oC, is in a gaseous state. Gas means gas which meets the Specification and includes any Off-Specification Gas delivered to the Buyer in accordance with clause 11.5(b). Gas Production Area means the natural gas reservoir or series of reservoirs within the Arumbera Sandstone and ▇▇▇▇▇ Formation within the Retention Licence or within any Production Licence succeeding to the Retention License and referred to as the “Dingo Field”. GJ means one gigajoule which is equal to 109 joules. Good Engineering and Operating Practices means recognised practices, methods and acts, together with the exercise of that degree of skill, diligence, prudence and foresight that reasonably would be expected from Australian and internationally recognised operators under conditions comparable to those applicable to the relevant facility in the light of known facts or facts which should reasonably have been known at the time and consistent with applicable law, regulations, Authorisations, consents and licences and having regard to the need for: (a) adequate materials; (b) suitable personnel; (c) appropriate maintenance procedures; (d) ongoing monitoring and testing of plant and equipment performance; and (e) safe operating procedures. goods means goods as defined in the GST Law. Government Body means any government, governmental or semi-government or judicial entity, any ministry and any public, statutory or administrative entity, whether domestic, federal, state or local. Gross Heating Value means the gross number of joules produced by the complete combustion of 1 cubic metre of gas at a temperature of 15°C and under an absolute pressure of 101.325 kPa with air of the same temperature and pressure as the gas, when the products of combustion are cooled to the initial temperature of the gas and air, and when the water formed by combustion is condensed to the liquid state, corrected to a water vapour free basis and expressed at a pressure base of 101.325 kPa. GST means any tax on goods, services or goods and services, including any value-added tax, broad-based consumption tax or other similar tax.

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Financial Adjustment means an adjustment in the amounts payable by ▇▇▇▇▇▇▇ to APA under this agreement, a lump sum payment of compensation or another form of adjustment for the Net Financial Effect resulting from a Change in Law and required to put APA and its Firm Vaporisation Charge, for a month, means the amount in dollars calculated as follows: FVC = FVR × FC ÷ 12 FVC is the Firm Vaporisation Charge for the month FVR is the Firm Vaporisation Rate FC is the Firm Vaporisation Capacity Force Majeure Event means any event or circumstance, or a combination of events or circumstances, which is beyond the reasonable control of a party, which by the exercise of due diligence that party is not reasonably able to prevent or overcome and which has the effect of preventing the party from performing an obligation under this Agreement, including (provided that they meet the foregoing criteria):

Financial Adjustment means an adjustment in the amounts payable by Shipper to APA under this Agreement, a lump sum payment of compensation or another form of adjustment for the Net Financial Effect resulting from a Change in Law and required to put APA and its Related Bodies Corporate in the position they would have been in had it not been for the Change in Law.

Examples of Financial Adjustment in a sentence

If, however, the Stockholders' Representative has delivered notice of such a dispute to USFloral within such 30-day period, then USFloral's Accountant shall select an independent accounting firm that has not represented any of the parties hereto within the preceding two (2) years to review the Surviving Corporation's books, Closing Financial Certificate and Financial Adjustment Notice (and related information) to determine the amount, if any, of the Merger Consideration Adjustment.
If, however, the Stockholder has delivered notice of such a dispute to USFloral within such 30-day period, then USFloral's Accountant shall select an independent accounting firm that has not represented any of the parties hereto within the preceding two (2) years to review the Surviving Corporations' books, Closing Financial Certificate and Financial Adjustment Notice (and related information) to determine the amount, if any, of the Merger Consideration Adjustment.
If, however, the Shareholder has delivered notice of such a dispute to NII within such thirty (30)-day period, then NII's Accountant shall select an independent accounting firm of nationally recognized standing that has not represented any of the parties hereto within the preceding two (2) years to review the Company's books, Closing Financial Certificate and Financial Adjustment Notice (and related information) to determine the amount, if any, of the Consideration Adjustment.
In the event that CCC's Accountant determines that the Actual Closing Net Worth was less than the Net Worth Target, CCC shall deliver a written notice (the "Financial Adjustment Notice") to the Stockholders setting forth (i) the --------------------------- determination made by CCC's Accountant of the Actual Closing Net Worth, and (ii) the amount of the Adjustment to the Base Merger Consideration pursuant to the provisions of Section 2.2(c) (the "Merger Consideration Adjustment").
Upon the determination of the amount and manner of payment of the Financial Adjustment in accordance with clause 15.4 the Buyer must pay to the Seller the Financial Adjustment in accordance with that determination on and from the date so determined.
If, however, the Stockholders' Representative has delivered notice of such a dispute to USFloral within such 30-day period, then Deloitte & Touche LLP (the "Independent Accounting Firm") shall review the Surviving Corporation's books, Closing Financial Certificate and Financial Adjustment Notice (and related information) to determine the amount, if any, of the Merger Consideration Adjustment.
If the Final Financial Adjustment Notice (as revised in accordance with Section 2.04(c) above) results in the Closing Date Net Equity being less than the Closing Date Net Equity Target, then Parent shall promptly, and in any event within 3 Business Days of such Final Financial Adjustment Notice becoming final, deliver to Purchaser cash in immediately available funds in an amount equal to the Post-Closing Payment Amount.
If, however, the Stockholder has delivered notice of such a dispute to USFloral within such 30-day period, then USFloral's Accountant shall select an independent accounting firm that has not represented any of the parties hereto within the preceding two (2) years to review the Surviving Corporation's books, Closing Financial Certificate and Financial Adjustment Notice (and related information) to determine the amount, if any, of the Merger Consideration Adjustment.
If, however, the Stockholders' Representative has delivered notice of such a dispute to USFloral within such 30-day period, then USFloral's Accountant shall select an independent accounting firm that has not represented any of the parties hereto within the preceding two (2) years to review the Surviving Corporation's books, Closing Financial Certificate and Financial Adjustment Notice (and related information) to determine the amount, if any, of the Purchase Price Adjustment.
Promptly after Closing, JobStreet and SEEK Asia Investments Pte Ltd shall complete the Closing Date Financial Adjustment as set out in Schedule 2 of the JobStreet SSA.

More Definitions of Financial Adjustment

Financial Adjustment means an adjustment to the prices stated in the Commercial Terms or otherwise in the amounts payable by the Buyer to Perth Energy under this Agreement, or a lump sum payment as compensation or some other form of adjustment.