Balancing Adjustment Sample Clauses
A Balancing Adjustment clause defines how parties will reconcile differences between estimated and actual amounts, values, or costs after a transaction or project is completed. Typically, this clause applies to situations such as the sale of assets, where the final purchase price may depend on post-completion calculations like inventory levels, working capital, or tax values. By specifying a process for making up any shortfall or refunding any excess, the clause ensures that both parties receive or pay the correct amount, thereby preventing disputes and ensuring fairness in the final settlement.
Balancing Adjustment. In order to conserve water, the River Master is requested to utilize a balancing adjustment, based upon procedures agreed upon by the Decree Parties, when calculating the releases to be directed to meet the Montague flow objectives in Tables 1 and 2. Additionally, during Drought Warning, the amount of the conservation releases (L4) from the City Delaware Basin Reservoirs that is greater than the basic conservation releases rates as set forth in Table 1 of Docket D-77-20 (Revised) shall be considered as directed releases for the purpose of calculating the balancing adjustment.
Balancing Adjustment. If the Tenant’s Proportion (expressed as a cash amount) of the Basement Service Charge as certified by the Accountant (the “Certificate”) shall be more or less than the total of the advance payments referred to in Clause 3 above then any sum due to or allowable by the Management Company in respect of the Tenant’s Proportion of the Basement Service Charge for the relevant Service Charge Period shall forthwith (within fourteen (14) days of written demand) be paid or allowed as the case may be. The Certificate (or a copy thereof duly certified by the person by whom same is given) shall be conclusive evidence for the purposes hereof of the matters which it purports to certify and shall be final and binding on the parties hereto insofar as same relates to matters of fact save in the case of manifest error.
Balancing Adjustment. If the Tenant’s Proportion (expressed as a cash amount) of the Estate Service Charge as certified by the Accountant (the “Certificate”) shall be more or less than the total of the advance payments referred to in Clause 4 of this Part II of the Schedule 5 above then any sum due to or allowable by the Management Company in respect of the Tenant’s Proportion of the Estate Service Charge for the relevant Service Charge Period shall forthwith be paid (within thirty (30) days of written demand) or allowed as the case may be. The Certificate (or a copy thereof duly certified by the person by whom same is given) shall be conclusive evidence for the purposes hereof of the matters which it purports to certify and shall be final and binding on the parties hereto insofar as same relates to matters of fact save in the case of manifest error.
Balancing Adjustment. Any deposit adjustment of [***] (said dollar amount may reasonably be adjusted over time, based on Customer requirements) will be charged to a Customer specified sundry general ledger account, using a system generated entry. All errors detected during the Over-the-Counter process are to be adjusted the same day. Original copies of adjustments will be processed with the proof transactions; and the offsetting side of the adjustment entry will be sent to the Customer for processing. Any deposit adjustment of [***] (said dollar amount may reasonably be adjusted over time, based on then current industry standard practices) will be charged to Customer’s end-customer or Customer’s designated general ledger account using forms. All errors detected during the Over-the-Counter process are to be adjusted the same day. Original copies of adjustments will be processed with the proof transactions; and the offsetting side of the adjustment entry will be sent to the Customer for processing. Fidelity will prepare proof corrections to Customer’s end-customer on forms for reasons including but not limited to:
(i) Error(s) found in addition or subtraction
(ii) Check Item was listed for the wrong amount
(iii) Check Item listed was not enclosed
(iv) Check Item enclosed, not listed
(v) Cash not included in deposit total
(vi) Collections not included in deposit
(vii) Non-Negotiable Item in deposit
(viii) Items drawn on foreign institutions [***] Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 406 of the Securities Act of 1933, as amended Fidelity will prepare proof corrections to Customer’s designated general ledger account on forms for reasons including but not limited to:
(ix) Cash ticket missing
(x) Cash ticket for wrong amount
(xi) Wrong cash ticket used
(xii) Currency included in work
(xiii) Cashed check Item missing
(xiv) Cashed check Item enclosed was not listed
(xv) Cashed check Item for wrong amount
(xvi) Other miscellaneous correction
(xvii) Items drawn on foreign institutions
Balancing Adjustment. In order to conserve water, the River Master is requested to utilize a balancing adjustment, based upon procedures agreed upon by the Decree Parties, when calculating the releases to be directed to meet the Montague flow objectives in Tables 1 and 2.
Balancing Adjustment. Any deposit adjustment of $1.00 or less (said dollar amount may reasonably be adjusted over time, based on Client requirements) will be charged to a Client specified sundry general ledger account, using a system generated entry. All errors detected during the Over-the-Counter process are to be adjusted the same day. Original copies of adjustments will be processed with the proof transactions; and the offsetting side of the adjustment entry will be sent to the Client for processing. Any deposit adjustment of more than $1.00 (said dollar amount may reasonably be adjusted over time, based on then current industry standard practices) will be charged to Client's end-customer or Client's designated general ledger account using forms. All errors detected during the Over-the-Counter process are to be adjusted the same day. Original copies of adjustments will be processed with the proof transactions; and the offsetting side of the adjustment entry will be sent to the Client for processing. Fidelity will prepare proof corrections to Client's end-customer on forms for reasons including but not limited to: (i) Error(s) found in addition or subtraction (ii) Check Item was listed for the wrong amount (iii) Check Item listed was not enclosed (iv) Check Item enclosed, not listed (v) Cash not included in deposit total (vi) Collections not included in deposit (vii) Non-Negotiable Item in deposit (viii) Items drawn on foreign institutions
Balancing Adjustment. If the Tenant’s Proportion (expressed as a cash amount) of the Common Areas Service Charge as certified shall be more or less than the total of the advance payments referred to in Clause 3 of this Part II of this Schedule above, then any sum due to or allowable by the Management Company in respect of the Tenant’s Proportion of the Common Areas Service Charge for the relevant Service Charge Period shall forthwith be paid or allowed as the case may be.
Balancing Adjustment. If the Tenant’s Proportion (expressed as a cash amount) of the Retained Parts Service Charge as certified shall be more or less than the total of the advance payments referred to in Clause 3 of this Part IV of this Schedule above, then any sum due to or allowable by the Landlord in respect of the Tenant’s Proportion of the Retained Parts Service Charge for the relevant Service Charge Period shall forthwith be paid or allowed as the case may be.
Balancing Adjustment. The ODRM is required to direct compensating releases from the New York City reservoirs as defined by the 1954 Supreme Court Decree to meet the flow objective at the Montague gage. The directed releases are determined by calculating the amount of flow that is predicted to be in the river when releases from the reservoirs would arrive. As many factors contribute to the amount of flow in the river and forecasting methodologies are inexact, the ODRM may direct releases that result in flows over or under the flow objective. To account for these instances, the ODRM utilizes a balancing adjustment procedure during the year (resets on June 15th) that attempts to balance the total amount of water directed to be released with the total amount of water that would have been directed with exact forecasting. The balancing adjustment procedure will be examined over the first five years of the agreement to assess its effects on river flows, habitat, and the effectiveness at achieving its intended goal. In addition to the balancing adjustment procedure, the ODRM is updating the methodology for the calculation of the directed releases. This includes investigating different options for forecasting inputs to the Delaware River upstream of the Montague gage including runoff from rainfall and hydropower release estimates.