For a quick check to determine if the lower U shaped adjusters is working correctly:
1 Remove tappet cover.
2 Remove # 5 top slipper retainer
3 loosen lock nut # 18
4 Back off the tensioner bar lock bolt # 12
When you backed off # 12 the slipper # 8 should move up, you should be able to push it down and it will come back up, then you know that the U shaped adjuster is moving freely.
If it doesn't move it is locked up and will require the motor to be stripped. it is common for the chain to chew into the pivot and lock it up ( as in the pic from matt), if this is the case it can be repaired.
Another method (not ideal) if the U shaped tensioner is locked up is to remove the bolt # 11, start the motor, loosen the lock nut #18 and back off bolt # 12, insert a long screwdriver into hole from bolt #11 and gently tap down on the push bar until it moves and the chain adjusts. only problem is if you go too far (tight) it can not be slackend off.
Kevin