GP Adjustment definition

GP Adjustment has the meaning set out in Section 5.2(5).
Sample 1
GP Adjustment means the applicable gas price adjustment factor set out in Schedule F;
Sample 1

Examples of GP Adjustment in a sentence

  • Consideration by the University of introducing an annual performance review system should be undertaken and should also ensure that any system introduced brings positive benefits for employees, and the University as an employer.

  • If Buyer and the Shareholders are unable to resolve a dispute within fifteen (15) business days of Buyer’s receipt of the GP Objection Notice as contemplated by Section 2.2(b) above, Buyer and the Shareholders will mutually select an independent accounting firm (the “Auditor”) to make a determination of the GP Adjustment Amount Price.

  • The following are the appendices and schedules to this Agreement: Schedule A – Eligible Long-Term Infrastructure Expenditures; Schedule B – Eligible Ongoing Capital Expenditures; Schedule C – LTRA Area; Schedule D – Minimum Volume; Schedule E – Royalty Rate; Schedule F – GP Adjustment; Schedule G – Approved Royalty Infrastructure Credit Projects; Schedule H – Minimum Reserves; and Schedule I – Specified Regulations.

  • If the AECO Monthly Index price of Marketable Gas for a calendar month is $0.95 or less, the GP Adjustment factor is 1.8. If the AECO Monthly Index price of Marketable Gas for a calendar month is $9.47 or more, the GP Adjustment factor is 0.65.

  • Each Target Quarterly Earn-Out Payment, as reduced or increased by the applicable GP Adjustment Amount, shall hereinafter be referred to as an “Actual Quarterly Earn-Out Payment” and collectively as the “Actual Quarterly Earn-Out Payments”.

  • If the AECO Monthly Index price of Marketable Gas for a calendar month is more than $6.16 but less than $9.47, the GP Adjustment factor is calculated using the following formula: GP Adjustment = 1-{[({P/0.947086}-6.5)/.25]x0.025} where P is the AECO Monthly Index price of Marketable Gas for the relevant calendar month.

  • The Earn-Out Materials and the calculations pertaining to each GP Adjustment Amount and each Actual Quarterly Earn-Out Payment shall be conclusive and binding on the parties unless the Shareholders provide the Buyer with written notice (a “GP Objection Notice”) within the GP Objection Period that the Shareholders dispute such computations.

  • If the AECO Monthly Index price of Marketable Gas for a calendar month is less than $2.84 but more than $0.95, the GP Adjustment factor is calculated using the following formula: GP Adjustment = 1+{[(3-{P/0.947086})/.25]x0.1} where P is the AECO Monthly Index price of Marketable Gas for the relevant calendar month.

Related to GP Adjustment

  • 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.

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

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

  • Final Adjustment has the meaning set forth in Section 10.3.B(2) hereof.

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

  • 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;

  • No Adjustment means that the relevant date shall not be adjusted in accordance with any Business Day Convention;

  • Equity Adjustment means the dollar amount resulting by subtracting the Book Value, as of Bank Closing, of all Liabilities Assumed under this Agreement by the Assuming Bank from the purchase price, as determined in accordance with this Agreement, as of Bank Closing, of all Assets acquired under this Agreement by the Assuming Bank, which may be a positive or a negative number.

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

  • Term SOFR Adjustment means a percentage equal to 0.10% per annum.

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

  • 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).

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

  • Substitution Adjustment Amount As defined in Section 2.03.

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

  • 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.

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

  • 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.

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

  • Inflation adjustment means that term as defined in the master settlement agreement.

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

  • Adjustment means each form of adjustment to consideration provided for in this clause.The parties acknowledge that the consideration under this Contract is inclusive of GST, where GST is calculated using the GST rate at the time of forming this Contract.The Contractor shall provide the Recipient with a Tax Invoice and/or adjustment notes in relation to the supply prior to an amount being paid by the Recipient under this Contract, and shall do all things reasonably necessary to assist the Recipient to enable it to claim and obtain any Input Tax Credit available to it in respect of a Supply.Where the GST rate is changed after the date of formation of this Contract the consideration under this Contract will be increased or decreased so that the consideration remains inclusive of GST, with GST calculated using the new GST Rate from the date of the change of the GST Rate that applies at the date of formation of this Contract. PrivacyFor the purposes of this Clause unless the context otherwise requires:

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

  • 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.