No Duplicative Adjustments Sample Clauses

The No Duplicative Adjustments clause ensures that the same financial adjustment or remedy is not applied more than once for a single event or circumstance under a contract. In practice, this means that if a party is entitled to compensation, indemnification, or any other adjustment due to a specific issue, they cannot claim or receive additional, overlapping adjustments for that same issue elsewhere in the agreement. This clause prevents double recovery and maintains fairness by ensuring that parties are compensated appropriately without receiving multiple benefits for the same loss or event.
No Duplicative Adjustments. Notwithstanding anything to the contrary contained in this Agreement, to the extent that an adjustment has been made to the Purchase Price or any other payments are made hereunder in respect of any matter relating to or arising out of this Agreement, such matter will, to the extent of such adjustment or other payment, not constitute a breach of any representation, warranty, covenant or agreement contained herein, and the Buyer will not be entitled to any indemnification with respect thereto.
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No Duplicative Adjustments. Notwithstanding anything to the contrary contained in this Agreement, to the extent that an adjustment has been made to the Merger Consideration or any other payments hereunder in respect of any matter hereunder, such matter shall, to the extent of such adjustment or other payment, not constitute a breach of any representation, warranty, covenant or agreement contained herein.
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No Duplicative Adjustments. Other than pursuant to Section 11(q) hereof, no adjustment shall be made under any provision of this Agreement for an issuance of securities by Enterprises for which an adjustment is made under any other provision of this Agreement. Furthermore, notwithstanding anything to the contrary herein, if an adjustment is made under this Section 11 upon the issuance by Enterprises of any rights, options, warrants or any other securities convertible into or exchangeable into Common Stock, no further adjustment shall be made hereunder upon the exercise, conversion or exchange of such securities and the issuance of Common Stock therefrom.
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No Duplicative Adjustments. Annex 5.6(a) Representations and Warranties
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No Duplicative Adjustments. If and to the extent that an -------------------------- adjustment to the Aggregate Consideration is made under any provision of this Section 1.04 by reason of a fact, circumstance or event which may also give rise to a further adjustment under another provision of this Section 1.04, the net effect of any prior adjustment shall be taken into account in determining the amount of any further adjustments so as to avoid any duplicative adjustments.
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No Duplicative Adjustments. Notwithstanding anything in this Warrant to the contrary, in the event that any adjustment required in this Article 2 is otherwise effected by operation of the Company’s Certificate of Incorporation, such adjustment shall not be effected pursuant to the provisions hereof.
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Related to No Duplicative Adjustments

  • No Duplicative Payments It is intended that the provisions of this Agreement will not result in duplicative payment of any amount (including interest) required under this Agreement. The provisions of this Agreement shall be construed in the appropriate manner to ensure such intentions are realized.

  • No Duplicative Payment The Company shall not be liable under this Agreement to make any payment of amounts otherwise indemnifiable hereunder if and to the extent that Indemnitee has otherwise actually received such payment under any insurance policy, contract, agreement or otherwise.

  • True-Up Adjustments From time to time, until the Retirement of the Recovery Bonds, the Servicer shall identify the need for True-Up Adjustments and shall take all reasonable action to obtain and implement such True-Up Adjustments, all in accordance with the following:

  • Fee Adjustments The fixed fees and other fees expressed as stated dollar amounts in this Schedule C and in this Agreement are subject to annual increases, commencing on the one-year anniversary date of the date of this Agreement, in an amount equal to the percentage increase in consumer prices for services as measured by the United States Consumer Price Index entitled “All Services Less Rent of Shelter,” or a similar index should such index no longer be published, since such one-year anniversary or since the date of the last fee increase, as applicable.

  • Wage Adjustments If the funding available to be used for wages provided by Government in any fiscal year increases, the Employer shall pass on such increases to employees consistent with the funding increase adjusted for any additional deficits that this contract incurs. This will be the case whether the funding increase is for the entire year or simply a portion of it, and wage increases shall be effective upon the effective date of the increased funding. Should there be no increase provided by Government, wages will be maintained at their present levels. Should there be a decrease in funding, then the Employer will maintain wages at present levels. The Employer will promptly provide the Union with any information it receives from the Government regarding funding available for wages, and the parties will meet as required to work towards cooperative resolution of any issues arising from this Government information.