The Accounting Sample Clauses

The Accounting. Not less than fifteen (15) business days prior to the close of escrow for the sale of Phase I, except in connection with any Excluded Transaction, Playa shall complete and submit to EA, Playa’s best estimate of the Profit Participation in a detailed “Accounting” (defined below). As used herein, an “Accounting” shall mean a report prepared by Playa showing in reasonable detail (including reasonable back-up documentation) the calculation of the Profit Participation Allocation, including Invested Capital Items (and the dates incurred), Closing Costs, and Net Profits from Sale of Phase I (or in the event of a Joint Sale, both Phase I and Phase II), the required IRR , the Phase I/Phase II Allocation, if applicable, the Joint Sale Allocation, any Preliminary Cost Basis and Allocation Statement (or the Interim Arbitration Ruling, if any) and the Phase I/Phase II Allocation given with such Preliminary Cost Basis and Allocation Statement (or the Interim Arbitration Ruling, if any) (“Playa’s PPA”).
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The Accounting. Accounting regarding Net Profit shall be done on a quarterly basis. Not less than thirty (30) business days after the close of each quarter, ISS shall complete and submit to GTSI, in a detailed Accounting (defined below), ISS’s best estimate of the profit participation amount due. As used herein, “Accounting” shall mean a report prepared by ISS showing in reasonable detail (including reasonable back-up documentation) the calculation of the PPA net payment.
Sample 1
The Accounting. Firm Shall Determine Whether a Gross-Up Payment is Required. Subject to the provisions of Section 10.10 , all determinations required to be made under this Section 10.11 C including whether and when a Gross-Up Payment is required, the amount of the Gross-Up Payment and the assumptions to be used to arrive at the determination (collectively, the "Determination") C shall be made by the Accounting Firm, ------------- which shall provide detailed supporting calculations both to NewMil Bancorp, Inc. and to the Executive within 15 business days after receipt of notice from NewMil Bancorp, Inc. or the Executive that there has been a Gross-Up Payment, or such earlier time as is requested by NewMil Bancorp, Inc..
Sample 1
The Accounting. Accounting regarding Net Profit shall be done on a quarterly basis. Not less than thirty (30) business days after the close of each quarter, XSE shall complete and submit to GSLO, in a detailed Accounting (defined below), XSE’s best estimate of the net profit amount due. As used herein, “Accounting” shall mean a report prepared by XSE showing in reasonable detail (including reasonable back-up documentation) the calculation of the PPA net payment.
Sample 1

Related to The Accounting

  • Tax Accounting Except for Tax Returns described in paragraph 9 of Part 3 of this Exhibit A, Provider shall prepare, or cause to be prepared, all Tax Returns of the Company in accordance with Sections 7.5 and 7.6 of the LLC Agreement. Part 2: SCOPE OF ADMINISTRATIVE SERVICES

  • Fund Accounting The Trustees may in their discretion from time to time enter into one or more contracts whereby the other party or parties undertakes to handle all or any part of the Trust’s accounting responsibilities, whether with respect to the Trust’s properties, Shareholders or otherwise.

  • Annual Accounting The Custodian shall, at least annually, provide the Depositor or Beneficiary (in the case of death) with an accounting of such Depositor's account. Such accounting shall be deemed to be accepted by the Depositor or the Beneficiary, if the Depositor or Beneficiary does not object in writing within 60 days after the mailing of such accounting statement.

  • Failure to Provide Accounting If the Trustee shall not have received any accounting provided for in this Section 10.7 on the first Business Day after the date on which such accounting is due to the Trustee, the Trustee shall notify the Collateral Manager who shall use all reasonable efforts to obtain such accounting by the applicable Payment Date. To the extent the Collateral Manager is required to provide any information or reports pursuant to this Section 10.7 as a result of the failure of the Issuer to provide such information or reports, the Collateral Manager shall be entitled to retain an Independent certified public accountant in connection therewith and the reasonable costs incurred by the Collateral Manager for such Independent certified public accountant shall be paid by the Issuer.

  • Final Accounting Upon the dissolution of the Company, a proper accounting shall be made from the date of the last previous accounting to the date of dissolution.

  • Reports and Accounting 8.1. The Company shall give Yissum written notice of any (i) Sublicense Consideration received; (ii) First Commercial Sale made; or (iii) Milestone achieved; within 30 days of the particular event.

  • Method of Accounting The Company will use the method of accounting previously determined by the Members for financial reporting and tax purposes.

  • PREMIUM ACCOUNTING The Company will pay the Reinsurer premiums in accordance with the terms specified in Exhibit C. The method and requirements for reporting and remitting premiums are outlined in Exhibit F. The Reinsurer reserves the right to charge interest on overdue premiums. The interest will be calculated according to the terms and conditions specified in Exhibit C.

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