Limitations on Adjustment Sample Clauses

The "Limitations on Adjustment" clause sets boundaries on the extent to which certain terms, such as prices, quantities, or obligations, can be modified after an agreement is in place. Typically, this clause specifies the conditions under which adjustments are permitted, such as changes in law or unforeseen circumstances, and may cap the amount or frequency of such changes. Its core practical function is to provide predictability and protect parties from excessive or unexpected modifications, thereby reducing risk and ensuring contractual stability.
Limitations on Adjustment. Notwithstanding anything to the contrary, there shall not be any remedies provided by Parent for any Defect Amount unless all Defect Amounts in the aggregate (excluding any Defects cured by Parent or which it has elected to cure and the Cure Period has not expired with respect to such election) pursuant to this Agreement and pursuant to Article VII of the ARMC Purchase Agreement (with respect to “Defects,” “Defect Amounts” and “Cure Period” as defined therein) collectively exceed $250,000 (the “Defect Deductible”), after which point, Buyer shall be entitled to the remedies provided for in Section 7.3 only with respect to such Defects in excess of such Defect Deductible, and in no event shall Parent’s aggregate liabilities and obligations relating to Defects in accordance with this Article VII (including for purposes of this calculation, amounts spent by Parent to cure any Defect) and in accordance with Article VII of the ARMC Purchase Agreement (with respect to “Defects” as defined therein) collectively exceed $13,400,000 (the “Defect Cap”).
Limitations on Adjustment. Notwithstanding anything in this Schedule and this Lease to the contrary, the Lessor shall not be entitled or required to make any adjustment under the provisions of this Schedule or in the preparation of any Cash Flow and no change shall be treated as occurring in any Variable Assumption or Termination Assumption where and to the extent that, otherwise than (i) as a result of the occurrence of any change in Variable Assumption 1.13, (ii) by reason of any of the transactions effected under or pursuant to or contemplated by the Transaction Documents and the Share Acquisition Documents (other than an assignment by the Lessor pursuant to clause 30.2), (iii) as a result of a change in Generally Accepted Accounting Principles or, (iv) as a result of a breach by the Lessee of any of its obligations under the Transaction Documents, a Variable Assumption would but for the provisions of this paragraph 10, be treated as changing by reason of: 10.1 the Lessor not duly claiming on a timely basis all Capital Allowances available to it in respect of the Ship Cost or not supplying to any relevant Tax Authority on a due and timely basis any information and documents which are properly required by such authority in support of any such claim (unless such failure to make a claim or supply such document or information on a timely basis results from a breach by the Lessee of its obligations under this Lease or such document or information not being available to the Lessor and/or unless such failure results from any written request made by the Lessee to the Lessor in relation to such claim or other matter affecting such claim) or withdraws, amends or postpones all or any of such claim for Capital Allowances, or the Lessor not treating the Ship Cost as capital expenditure incurred by it for Tax purposes; or 10.2 the group of companies of which the Lessor Agent is a member for the purposes of Group Relief not having sufficient profits to absorb Tax Losses (calculated on the basis of the Initial Cash Flow) of the Lessor; or 10.3 any act or omission of the Lessor (otherwise than as required by law or statute) which is a breach by the Lessor of any of its express obligations under any of the Transaction Documents to which it is a party; or 10.4 the Lessor submitting its Corporation Tax computations claims or returns, as initially submitted to any relevant Tax Authority, or preparing its accounts on a basis which is inconsistent with any of the Variable Assumptions (as the same may b...
Limitations on Adjustment. (i) Rec- ognized built-in gain or loss. Net unreal- ized built-in gain for a pool of assets of the S corporation is only adjusted under paragraph (b)(1) of this section to reflect built-in gain or built-in loss in the redeemed or canceled stock that has not resulted in recognized built-in gain or recognized built-in loss during the recognition period.
Limitations on Adjustment. Except in the case of a reverse ------------------------- stock split or similar recapitalizing transaction, the Exercise Price shall not be increased as a result of any adjustments set forth in this Article 3 above --------- the Exercise Price which would be in effect had no adjustment ever been made to the Exercise Price in accordance with the terms of this Warrant with respect to the Common Stock, options or convertible securities for which the adjustment in question is being made.
Limitations on Adjustment. Notwithstanding anything in this Schedule and this Lease to the contrary, the Lessor shall not be entitled or required to make any adjustment under the provisions of this Schedule or in the preparation of any Cash Flow and no change shall be treated as occurring in any Variable Assumption or Termination Assumption where and to the extent that, otherwise than (i) as a result of the occurrence of any change in Variable Assumption 1.13, (ii) by reason of any of the transactions effected under or pursuant to or contemplated by the Transaction Documents and the Share Acquisition Documents (other than an assignment by the Lessor pursuant to clause 30.2), (iii) as a result of a change in Generally Accepted Accounting Principles or, (iv) as a result of a breach by the Lessee of any of its obligations under the Transaction Documents, a Variable Assumption would but for the provisions of this paragraph 10, be treated as changing by reason of:
Limitations on Adjustment. The Contract Sum will not be increased to reflect profits that the Contractor, a Subcontractor, or any other person would or might have made if the alternate had not been deleted. The Contract Sum will not be increased to reflect overhead that the Contractor, a Subcontractor, or any other person would or might have incurred if the alternate had not been deleted. To the extent that the Contractor performed up to five percent of the Work contemplated by the deleted alternate, the Contract Sum shall be adjusted for the Work performed as if the Work performed had been the subject of an additive Construction Change Directive.
Limitations on Adjustment. The Company at any time may reduce the Purchase Price, temporarily or otherwise, by any amount, but in no event shall such exercise price be less than the par value of the Common Stock at the time such reduction is made.
Limitations on Adjustment. Notwithstanding anything to the contrary in this Section 2.10, in no event shall (i) Buyer be entitled to payment pursuant to this Section 2.10 of any amount in excess of the Indemnification Escrow Fund or (ii) the Seller Representative or any Combined Holder have any liability under this Section 2.10 or otherwise in excess of such Combined Holder’s allocable share of the Indemnification Escrow Fund.

Related to Limitations on Adjustment

  • 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.

  • Anti-Dilution Adjustments The number of shares issuable upon conversion of this Debenture and the Conversion Price shall be subject to adjustment as follows: (a) In case the Company shall (i) pay a dividend or make a distribution on its common stock in additional shares or other securities, (ii) subdivide its outstanding common stock into a greater number of shares, (iii) combine its outstanding shares into a smaller number of shares or (iv) issue, by reclassification of its shares, any other securities of the Company (including any such reclassification in connection with a consolidation or merger in which the Company is the continuing entity), the number of share issuable upon conversion of this Debenture immediately prior thereto shall be adjusted so that the Holder shall be entitled to receive the kind and number of Conversion Shares, and other securities of the Company which such Holder would have owned or would have been entitled to receive immediately after the happening of any of the events described above, had the Debenture been converted immediately prior to the happening of such event or any record date with respect thereto. Any adjustment made pursuant to this subsection 6(a) shall become effective immediately after the effective date of such event. (b) In case the Company shall issue rights, options, warrants or convertible securities to holders of its shares, for no consideration, containing the right to subscribe for or purchase shares of common stock, the number of Conversion Shares thereafter issuable upon the conversion of this Debenture shall be determined by multiplying the number of Conversion Shares theretofore issuable upon conversion of this Debenture by a fraction, of which the numerator shall be the number of shares outstanding immediately prior to the issuance of such rights, options, warrants or convertible securities plus the number of additional shares offered for subscription or purchase, and of which the denominator shall be the number of shares outstanding immediately prior to the issuance of such rights, options, warrants or convertible securities. Such adjustment shall be made whenever such rights, options, warrants or convertible securities are issued, and shall become effective immediately upon issuance of such rights, options, warrants or convertible securities. In the event of such adjustment, corresponding adjustments shall be made to the Conversion Price. (c) In case the Company shall distribute to holders of its common shares evidences of its indebtedness or assets (excluding cash dividends or distributions out of current earnings made in the ordinary course of business consistent with past practices), then in each case the number of Conversion Shares thereafter issuable upon the conversion of this Debenture shall be determined by multiplying the number of Conversion Shares theretofore issuable upon conversion of this Debenture by a fraction, of which the numerator shall be the then Market Price (as defined below) on the date of such distribution, and of which the denominator shall be such Market Price on such date minus the then fair value (determined as provided in subsection 6(f) below) of the portion of the assets or evidences of indebtedness so distributed applicable to one share. Such adjustment shall be made whenever any such distribution is made and shall become effective on the date of distribution. In the event of any such adjustment, the number of Conversion Shares shall also be adjusted and shall be that number determined by multiplying the number of shares issuable upon exercise before the adjustment by a fraction, the numerator of which shall be the Conversion Price in effect immediately before the adjustment and the denominator of which shall be the Conversion Price as so adjusted. (d) If the Company shall at any time while this Debenture is outstanding issue shares (including additional shares deemed to be issued upon conversion of any convertible security, but excluding shares issued as a dividend or distribution or upon a stock split or combination which is otherwise provided for in Section 6(a) above, or upon the issuance of options or warrants for no consideration which is otherwise provided for in Section 6(b) above) either without consideration, or for a consideration per share less than the Conversion Price in effect on the date of and immediately prior to such issue, then and in such event, the Conversion Price shall be reduced by a full ratchet anti-dilution adjustment to such lesser price (calculated to the nearest cent). For purposes of this Section 6(d), the consideration received by the Company for the issue of any additional shares shall be computed as follows:

  • Compensation Adjustments Any compensation agreed to hereunder may be adjusted from time to time by mutual agreement by attaching revised Schedules A or B to this Agreement.