Subsequent Adjustment Date definition
Examples of Subsequent Adjustment Date in a sentence
Upon the occurrence of an Adjustment on the First Adjustment Date or any Subsequent Adjustment Date, all references to a Party’s interest in the Company will be deemed to be references to their interest as adjusted in accordance with this Section 3.7. The Parties agree to take the commercially reasonable steps necessary, advisable or desirable to give full effect to this Section 3.7 (including updating the Shareholders’ Agreement to reflect any 0.5% Adjustment).