Net Adjustment definition

Net Adjustment means the following:

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Net Adjustment shall be an amount equal to the sum of the following amounts, all as finally determined in accordance with this Section 3.6:

Net Adjustment has the meaning given to it in Clause ‎5.10;

Examples of Net Adjustment in a sentence

These rates of pay are inclusive of the following award prescribed entitlements: ♦ Base Rates of Pay (NBCIA Clause 18.1) ♦ Supplementary Payment (NBCIA Clause 18.1) ♦ Safety Net Adjustment (NBCIA Clause 18.1) ♦ Special Allowance (NBCIA Clause 18.2) ♦ Follow the Job Loading (NBCIA Clause 18.3) ♦ Industry Allowance (NBCIA Clause 24.1) ♦ Tool Allowance (NBCIA Clause 24.3) Any variation or increase to the aforesaid Award entitlements shall not flow on to the adult rates prescribed herein.
These rates of pay are inclusive of the following award prescribed entitlements: ♦ Base Rates of Pay (Clause 18.1) ♦ Supplementary Payment (Clause 18.1) ♦ Safety Net Adjustment (Clause 18.1) ♦ Special Allowance (Clause 18.2) ♦ Follow the Job Loading (Clause 18.3) ♦ Industry Allowance (Clause 24.1) ♦ Tool Allowance (Clause 24.3) Any variation or increase to the aforesaid award entitlements shall not flow on to the adult rates prescribed herein.
Any such payment is to be made within five Business Days of the date on which the Net Adjustment Amount is finally determined pursuant to ‎Section 1.05(b).
In the event the Transferred Distributions received in such Fiscal Year are insufficient satisfy the Net Adjustment Amount, the difference between the Net Adjustment Amount and the Transferred Distribution (the “Net Transferred Distribution Shortfall” and, together with the Transferred Distribution Shortfall, the “Shortfall”) shall accrue for the next Fiscal Year.
In such event, the Buyer and the Seller Representative shall deliver a joint written instruction to the Escrow Agent instructing the Escrow Agent to pay the Net Adjustment Amount out of the Adjustment Escrow Fund to the Buyer, and the remainder, if any, of the Adjustment Escrow Amount to the Seller Representative, in accordance with the terms of the Escrow Agreement and the Escrow Agreement, and the Escrow Agent shall do so.

More Definitions of Net Adjustment

Net Adjustment has the meaning set forth in Section 3.6(g).

Net Adjustment to Buyer" Section 2.2.2 "Net Adjustment to Sellers" Section 2.2.2 "1998 APC Balance Sheet" Section 3.2.1 "1998 APC Financial Statements" Section 3.2.1 "Offeror" Section 5.17.3(iv) "Owned Real Property" Section 3.5.1 "Patent Properties" Section 3.6.1 "Permits" Section 3.12 "PHL" Preamble "Post-Closing Tax Period" Section 5.7.2 "Pre-Closing Tax Period" Section 5.7.2 "Purchase" Recitals "Purchase Consideration" Section 2.2.1 "Required Filings" Section 3.1.3 "Reserved Claims" Section 8.3 "Restricted Period" Section 5.17 "Section 338(h)(10) Elections" Section 5.7.1 "Securities Act" Section 4.7 "Sellers" Preamble "Software Properties" Section 3.6.1 "Tax Loss" Section 5.7.2 "Threshold" Section 8.5 "Trade Secrets" Section 3.6.1 "Trademark License Agreement" Section 5.10 "Trademark Properties" Section 3.6.1

Net Adjustment has the meaning set forth in Section 2.03(b)(iv).

Net Adjustment means the absolute value of the difference between the aggregate adjustment in favor of each party with respect to Losses that is agreed by ▇▇▇▇▇ and the Sellers’ Representative or determined by the Firm.

Net Adjustment means the (a) sum of the Madison Percentage Adjustment with respect to each adjustment to the Madison Percentage Interest under Section 4.03(b), minus (b) the sum of the TPG Percentage Adjustment with respect to each adjustment to the TPG Percentage Interest under Section 4.03(a)(iii) and may be a positive or negative number.

Net Adjustment is defined in Section 1.07(a).

Net Adjustment for an LLC and its Applicable Partnership means the sum of (A) the Purchaser's Working Capital Position for such LLC and its Applicable Partnership minus the Reference Working Capital Position for such LLC and its Applicable Partnership, and (B) the Reference Long-Term Debt Position for such LLC and its Applicable Partnership minus the Purchaser's Long-Term Debt Position for such LLC and its Applicable Partnership; and