Settlement Adjustment definition

Settlement Adjustment means an adjustment to the Settlement Amount of a DvP Batch Instruction or a DvP RTGS Instruction.
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Settlement Adjustment as defined in Section 2.5.
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Examples of Settlement Adjustment in a sentence

  • EXHIBIT D ILLUSTRATIVE TABLE FOR SECTION 6 FY 2012 Participating IOU ASC (§ 2) Reference Rate (§6.1.1) IOU's Residential Loads (§ 2) IOU-Specific Unconstrained Amount (§6.1.1) Constrained Total Benefit Ratio (§6.1.1) IOU-Specific REP Settlement Benefit Amount Before Any §6.2 Settlement Adjustment IOU Settlement Adjustment (§6.2) IOU-Specific REP Settlement Benefit Amount a b c d e=(b-c)*d f=REP Sett.

  • Additionally, the Members will be required to deliver to Acquiror and Papa John's a number of shares of Common Stock (the "Members' Settlement Adjustment Shares") having an aggregate value (determined on the basis of the Settlement Stock Price) equal to the excess of the Preliminary Ownership Value over the Settlement Ownership Value, less $100,000.

  • The Reserve Shares shall be held in escrow for 120 days following the Closing ("Reserve Period"), and may be used by Papa John's or Acquiror to satisfy any "Settlement Adjustment" or indemnification obligations of the Members under this Agreement.

  • Any Member may satisfy its indemnification ---------------- obligations under this Section 13, in whole or in part, by delivering to Acquiror or Papa John's that number of Shares (or Settlement Adjustment Shares) having an aggregate value equal to the indemnification obligation of such Member.

  • Any Reserve Shares not applied against any Settlement Adjustment or indemnification obligations shall be delivered by the transfer agent to the Members pro rata in accordance with Schedule 2 following the expiration of the Reserve Period.

  • If the Cash Settlement Adjustment for an Accounting Period is greater than zero (0) AND the Company is not, and was not, in violation of one or more of the Financial Covenants at any time during that Accounting Period or any prior Accounting Periods, an Experience Refund in an amount equal to such Cash Settlement Adjustment shall be paid by the Reinsurer to the Company as part of the Total Settlement for that Accounting Period in accordance with Section 9.06.

  • The determination of any Call Settlement Adjustment shall be final, binding and non-appealable on the Parties hereto.

  • Following the Publication Date, upon request from any Member, Papa John's shall remove the legend referenced above from all certificates representing the Shares and any Settlement Adjustment Shares issued to such Member and shall issue to such Member replacement certificate or certificates without such legend.

  • Any taxes relating to events, transactions or periods through the Closing Date and not properly paid or accounted for on the Preliminary Balance Sheet shall be addressed through the Settlement Adjustment.

  • Any utilities expense for periods through the Closing Date not paid or properly accrued on the Preliminary Balance Sheet shall be addressed through the Settlement Adjustment.

Related to Settlement Adjustment

  • 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.

  • True-Up Adjustment means any Semi-Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • ▇▇▇▇▇ Adjustment means, with respect to ▇▇▇▇▇, 0.0326% per annum.

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to (A) the Closing Net Working Capital as finally determined pursuant to this Section 2.5 minus the Estimated Net Working Capital, plus (B) Estimated Indebtedness minus Closing Indebtedness as finally determined pursuant to this Section 2.5, plus (C) Closing Cash as finally determined pursuant to this Section 2.5 minus Estimated Cash, plus (D) Estimated Transaction Expenses minus Closing Transaction Expenses as finally determined pursuant to this Section 2.5;