OPEB Adjustment Amount definition

OPEB Adjustment Amount means the amount obtained by subtracting (i) the amount of assets, if any, in respect of other post-retirement benefit obligations of Seller with respect to the Transferred Employees that Seller causes to be transferred to one or more voluntary employees’ beneficiary association trusts established by Buyer, from (ii) the accumulated other post-retirement benefit obligation of Seller with respect to the Transferred Employees, determined in accordance with the Retiree Plan Assumptions (and excluding any amounts included in the Net Other Regulatory Amount or Working Capital Amount).
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OPEB Adjustment Amount means the amount of the accumulated other post- retirement benefit obligation of Seller with respect to the Transferred Employees, determined in accordance with the Retiree Plan Assumptions (and excluding any amounts included in the Net Other Regulatory Amount or Working Capital Amount).
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Examples of OPEB Adjustment Amount in a sentence

  • The “Adjustment Amount” will be the sum of the following amounts: the Net PPE Adjustment, plus the Net Other Regulatory Amount, plus the Working Capital Amount, minus the OPEB Adjustment Amount.

  • As of June 30, 2012 Net PPE Adjustment* $ -0- Plus: Net Other Regulatory Amount 69,956 Plus: Working Capital Amount 7,498,456 Less: OPEB Adjustment Amount** (3,500,000 ) Adjustment Amount $ 4,068,052 * Excludes any price adjustment pursuant to Section 7.1(g).

  • The actual OPEB Adjustment Amount as of the Closing Date will be calculated using the Retiree Plan Assumptions determined in accordance with Section 7.10(f) of the Agreement with respect to all Transferred Employees only, and not with respect to retirees as of the Closing Date.

  • As of June 30, 2012 Net PPE Adjustment* $ -0- Plus: Net Other Regulatory Amount 69,956 Plus: Working Capital Amount 7,498,456 Less: Retiree Medical Plan Liability** (3,500,000 ) Plus: VEBA Market Value** -0- OPEB Adjustment Amount** (3,500,000 ) Adjustment Amount $ 4,068,052 * Excludes any price adjustment pursuant to Section 7.1(g).

Related to OPEB Adjustment Amount

  • 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;

  • 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.

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

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

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

  • Net Working Capital Adjustment Amount means an amount, which may be a positive or negative number, equal to the Net Working Capital as of the Effective Time minus the Net Working Capital Threshold.

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • Substitution Adjustment Amount As defined in Section 2.03.

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

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

  • Adjustment Escrow Amount means $2,000,000.

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