Adjustment Mechanism Sample Clauses

Adjustment Mechanism. If an adjustment of the Exercise Price is required pursuant to this Section 13, the Optionee shall be entitled to purchase such number of additional shares of Common Stock as will cause (i) the total number of shares of Common Stock it is entitled to purchase pursuant to this Option, multiplied by (ii) the adjusted purchase price per share, to equal (iii) the dollar amount of the total number of shares of Common Stock it is entitled to purchase before adjustment multiplied by the total purchase price before adjustment.

Adjustment Mechanism. If an adjustment of the purchase price is required pursuant to this Section the Corporation shall immediately deliver to Purchaser such number of additional shares of common stock as will cause (i) the total number of shares of common stock delivered to Purchaser hereunder, multiplied by (ii) the adjusted purchase price per share, to equal (iii) the total purchase price set forth in Section 1.2 hereof; PROVIDED HOWEVER, that the Corporation shall effect such adjustment in cash, in whole or in part, to the extent required by the following subsection.

Adjustment Mechanism. If an adjustment of the Exercise Price is required pursuant to this Section 6, the Holder shall be entitled to purchase such number of additional shares of Common Stock as will cause (i) the total number of shares of Common Stock Holder is entitled to purchase pursuant to this Warrant, multiplied by (ii) the adjusted purchase price per share (the "Adjusted Exercise Price"), to equal (iii) the total number of shares of Common Stock Holder is entitled to purchase before adjustment multiplied by the Exercise Price before adjustment. For example, if Holder receives a warrant to purchase 1,500,000 shares of Common Stock at an Exercise Price of $1.00, and the Adjusted Exercise Price is $0.50, Holder will be entitled to receive 3,000,000 shares of Common Stock.

Adjustment Mechanism. (1) It is hereby agreed that during each Lease Year Tenant shall pay to Landlord, as Additional Rent, the Pro Rata Share of the Operating Expenses for such Lease Year in excess of the Base Operating Expenses, payable monthly, in advance, at the rate of one twelfth (1/12) of Landlord’s estimate thereof, on the same date and at the same place Base Rent is payable, with an adjustment to be made between the parties at a later date as hereinafter provided. As soon as practicable following the end of any Lease Year, Landlord shall submit to Tenant a statement setting forth the exact amount of the Operating Expenses for the Lease Year just completed and the difference, if any, between the actual Pro Rata Share of the Operating Expenses for the Lease Year just completed in excess of the Base Operating Expenses and the total amount of the estimated payments of the Pro Rata Share of Operating Expenses which was paid in accordance with this Subsection for such year. Such statement may also set forth the amount of the estimated Operating Expenses reimbursement for the new Lease Year or Landlord may provide such information in a separate statement issued to Tenant at such earlier date to coincide with the start of the new Lease Year. To the extent that the actual Pro Rata Share of Operating Expenses in excess of the Base Operating Expenses for any period covered by such statement is greater than the estimated amounts previously paid by Tenant during the same period, Tenant shall pay to Landlord the difference by cashier’s check or money order within thirty (30) days following receipt of said statement from Landlord. To the extent that the actual Pro Rata Share of Operating Expenses for the period covered by the statement is less than the estimated amount which Tenant previously paid during such period, Landlord shall credit the excess against any sums then owing or next coming due from Tenant to Landlord. In addition, until Tenant receives a statement indicating otherwise, Tenant’s monthly payment of its estimated share of Operating Expenses for the new Lease Year shall continue to be paid at the rate for the previous Lease Year, but Tenant shall commence payment to Landlord of the monthly installments of Tenant’s estimated share of Operating Expenses on the basis of the new statement beginning on the first day of the month following the month in which Tenant receives such statement. If the statement reflects a change in the monthly reimbursement amount, such differenc...

Adjustment Mechanism. If an adjustment of the Exercise Price is required pursuant to Section 6.2, the Holder shall be entitled to purchase such number of additional shares of Common Stock as will cause the total number of shares of Common Stock Holder is entitled to purchase pursuant to this Warrant, multiplied by the adjusted Exercise Price per share, to equal the dollar amount of the total number of shares of Common Stock Holder is entitled to purchase before adjustment multiplied by the total Exercise Price before adjustment.

Adjustment Mechanism. It is hereby agreed that commencing in the calendar year “2020” and continuing for each calendar year thereafter (each such year being referred to hereinafter as the “Comparison Year”), Tenant shall pay to Landlord, as additional rent (hereinafter referred to as “Tenant’s Share of the Operating Expenses”), T▇▇▇▇▇’s Proportionate Share of the amount by which the Operating Expenses for the Comparison Year actually exceed the Base Year Operating Expenses (hereinafter, the “Excess Operating Expenses”). The amount which Landlord designates as the estimated Excess Operating Expenses (hereinafter, the “Estimated Excess Operating Expenses”) shall be determined by Landlord, using the prior year’s actual Operating Expenses as the starting point for such calculation, and thereafter adjusting such figure taking into consideration relevant inflationary and deflationary factors and such other factors as Landlord deems reasonable (e.g. special maintenance and/or repair needs, costs to maintain the designation of Class “B” office space, unusual weather patterns, etc.

Adjustment Mechanism. If an adjustment of the Exercise Price is required pursuant to Section 11(c)(i), the Company shall deliver to the Investors within three (3) business days of the closing of the transaction giving rise to the adjustment (the "Delivery Date") written confirmation reflecting the adjusted Exercise Price.

Adjustment Mechanism. The Consideration as a percentage of the Operating Profit to be received by the State shall be adjusted in accordance with the following formula: SGt = 100% - SCAt SGt = Percentage of Operating Profit received by the State during Period t. SCAt = Adjusted percentage of Operating Profit received by the Contractor in Period t. The adjusted percentage of Operating Profit received by the Contractor during Period t(SCAt) will be calculated as follows: (a) When the metrics of the operating result before taxes of the Contractor for the Period immediately preceding the relevant Period (MROt – 1) is less than the value U1, the percentage of the Operating Profit received by the Contractor will be SC1. (b) When the value of the metrics of the operating results before taxes of the Contractor for the Period immediately preceding the relevant Period (MROT – 1) is between U1 and U2, the percentage of Operating Profit received by the Contractor, SCAt, will be determined in accordance with the following formula: Where:

Adjustment Mechanism. The Consideration as a percentage of the Operating Profit to be received by the State, shall be adjusted in accordance with the following formula: = 100% − Where: = Percentage of Operating Profit received by the State in Period . = Adjusted percentage of Operating Profit received by the Contractor in Period . The adjusted percentage of Operating Profit received by the Contractor in Period () will be calculated as follows: (a) When the metrics of operating result before taxes of the Contractor for the Period immediately preceding the relevant Period (−1) is less than the value U1, the percentage of the Operating Profit received by the Contractor will be 1. (b) When the value of the metrics of the operating result before Taxes of the Contractor for the Period immediately preceding the relevant Period (−1) is between 1 and 2, the percentage of Operating Profit received by the Contractor, , will be determined in accordance with the following formula: = − ( − ) ( −1 − 1 )