Price changes clause samples

Table of Contents Index to Financial Statements LLC (in which Mr.Inderpreet S. Wadhwa is the sole member), Azure Power Inc. and Mr.Satnam Sanghera, collectively referred to as the APGL Founders, and the non-founder investors will own % of the equity shares in Azure Power Global Limited and % will be owned by the public investors. The percentage of Azure Power Global Limited that is owned by such shareholders will vary if the initial public offering price changes. For example, a US$1.00 decrease in the assumed initial public offering price would decrease the aggregate percentage of Azure Power Global Limited that is owned by the APGL Founders and the non-founder investors to % and would increase the percentage of Azure Power Global Limited that is owned by the public investors to %, while a US$1.00 increase in the assumed initial public offering price would increase the aggregate percentage of Azure Power Global Limited that is owned by the APGL Founders and the non-founder investors to % and would decrease the percentage of Azure Power Global Limited that is owned by the public investors to %.

change constitutes a change in accounting principle of your revenue recognition policy for PPAs with scheduled price changes. A change in accounting principle, as defined in ASC 250, includes a change in the method of applying an accounting principle.