Transition Adjustments Sample Clauses

Transition Adjustments. Lessee shall pay all accounts payable and accrued expenses relating to the Leased Property as of the date of termination of this Lease, to the extent such accounts payable and accrued expenses are required to be paid by Lessee under this Lease, and Lessee shall be entitled to receive and retain all accounts receivable, and an amount equal to all prepaid expenses paid by Lessee, as of the date of this termination. All advance bookings deposits and credits shall be paid to Lessor.
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Transition Adjustments. The parties hereto recognize that certain facilities at each Airport, due to construction of the Capital Development Program, are anticipated to be abandoned and/or ultimately demolished in stages during the Period of this Agreement:
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Transition Adjustments. The parties hereto recognize that certain facilities at each Airport, due to construction of the Capital Development Program, are anticipated to be abandoned and/or ultimately demolished in stages during the Period of this Agreement: (i) To the extent any portions of the Existing North Terminal at National are in service during the Period of this Agreement, the following transition adjustments shall be made: (a)The Terminal Sub-Center Net Requirement calculated for National's Main Terminal Sub-Center shall also include the costs attributable to the Existing North Terminal, whether occupied or not, during any Rate Period in which the Existing North Terminal has not yet been demolished; and (b)Rentable Space in the Existing North Terminal used for the calculations in Paragraph 8.03.1 shall include only those areas of the Existing North Terminal actually occupied in each Rate Period. (ii) To the extent any portions of the Base-of-the-Tower Facilities at Dulles are in service during the Period of this Agreement, the following transition adjustments shall be made: (a)The Terminal Sub-Center Net Requirement calculated for the Main Terminal Sub-Center at Dulles shall also include the costs attributable to the Base-of-the-Tower Facilities, whether occupied or not, during any Rate Period in which the Base-of-the-Tower Facilities have not yet been demolished; and (b)Rentable Space in the Base-of-the-Tower Facilities used for the calculations in Paragraph 8.03.1 shall include only those areas of the Base-of-the-Tower Facilities actually occupied in each Rate Period. (iii) To the extent any portions of the Existing Midfield Concourses at Dulles are in service following Substantial Completion of one or more New Midfield Concourse(s) I the following transition adjustments shall be made: (a)The Existing Midfield Concourse Sub-Center Net Requirement shall include the costs attributable to all then remaining portions of the Existing Midfield Concourses, whether occupied or not; and (b)Rentable Space in the then remaining Existing Midfield Concourses used for the calculations in Paragraph 8.03.1 shall include only those areas of the Existing Midfield Concourses actually occupied in each Rate Period. (iv) To the extent that certain areas of each Terminal Sub- Center at either Airport, due to relocations necessitated by the Capital Development Program, may be vacant for temporary periods, the total Rentable Space used for the calculations in Paragraph 8.03.1 at the affected A...
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Transition Adjustments. UDC will, in its discretion, make fair and equitable adjustments to the vesting and exercise period provisions of the Options issued to PPG Employees who have worked to UDC's reasonable satisfaction on the Materials Development program through the date on which such PPG Employees are removed from the Materials Development Team through a staffing level reduction under subsection 2.3.1 above.
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Transition Adjustments. Except as provided herein regarding Docket UM 1920, there will be no change to either the calculation of transition adjustments or the number of years for transition adjustments as a result of this docket.
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Related to Transition Adjustments

  • Escalation Adjustments The base airframe and special features price will be escalated according to the applicable airframe and engine manufacturer escalation provisions contained in Exhibit D of the Agreement. Buyer agrees that the engine escalation provisions will be adjusted if they are changed by the engine manufacturer prior to signing the Option Aircraft Supplemental Agreement. In such case, the then-current engine escalation provisions in effect at the time of execution of the Option Aircraft Supplemental Agreement will be incorporated into such agreement.

  • Anti-Dilution Adjustments For all purposes of this Section 3.10, the number of shares of Class A Common Stock and the corresponding number of Common Units shall be determined after giving effect to all anti-dilution or similar adjustments that are applicable, as of the date of exercise or vesting, to the option, warrant, restricted stock or other equity interest that is being exercised or becomes vested under the applicable Stock Option Plan or other Equity Plan and applicable award or grant documentation.

  • Consideration Adjustment The Parties agree to treat all payments made pursuant to this Article IX as adjustments to the Cash Distribution for Tax purposes, except as otherwise required by Law following a final determination by the U.S. Internal Revenue Service or a Governmental Authority with competent jurisdiction.

  • Capitalization Adjustments The number of Shares subject to the Option and the exercise price per Share shall be equitably and appropriately adjusted as provided in Section 12.2 of the Plan.

  • Annual Compensation Adjustments During the Employment Period, the Board of Directors of the Company (or an appropriate committee thereof) will consider and appraise, at least annually, the contributions of the Executive to the Company, and in accordance with the Company’s practice prior to the Change in Control of the Company, due consideration shall be given to the upward adjustment of the Executive’s Annual Base Salary, at least annually, (a) commensurate with increases generally given to other executives of the Company of comparable status and position to the Executive, and (b) as the scope of the Company’s operations or the Executive’s duties expand.

  • Certain Adjustments The Exercise Price and number of Warrant Shares issuable upon exercise of this Warrant are subject to adjustment from time to time as set forth in this Section 9.

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