Conditional Credit Sample Clauses

Conditional Credit. Custodian may credit the Account conditionally on the payable date with interest, dividends, distributions, redemptions or other amounts due. If Custodian is instructed to deliver securities or other property against payment, Custodian may deliver them before receiving payment and credit the Account with anticipated proceeds. Otherwise, Custodian will credit these amounts to the Account on the date of actual receipt and reconcile them to the Account. If Xxxxxxxxx has credited the Account with an amount before collection, Custodian is entitled to recover any credit from Client, and Custodian may reverse the credit as of the payable or settlement date if and to the extent Custodian does not receive these amounts in the ordinary course of business.
Sample 1
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Conditional Credit. The parties acknowledge that Group was contractually obligated to hold an event at Hotel on October 2-7, 2021 (the “Original Event”), that the Group canceled that event, and that as the result of that cancellation, damages are now due from Group to Hotel in the amount of $20,328.00, which shall be referred to herein as the “Original Program Dates Cancellation Fee.” Group agrees to pay $6,328.00 of the Original Program Dates Cancellation Fee no later than October 7, 2021.October 26, 2021 Provided that such payment is received in full and by that date, the Hotel agrees that the remaining $14,000.00 of the Original Program Dates Cancellation Fee will be waived, provided that Group (i) actually holds the rescheduled event that is the subject of this Amendment, and (ii) actually generates, in conjunction with the event that is the subject of this Amendment at least ninety percent (90%) of the contracted rooms revenue and ninety percent (90%) of the contracted food and beverage revenue. Group acknowledges that Hotel has been damaged by Group's cancellation of the Original Event and that the provision of this credit is based solely upon the desire of Hotel to maintain a good relationship with Group. If the conditions outlined above are not fully satisfied, the credit will no longer be available, and will be void and of no value. For purposes of clarity, if the rescheduled event is not held or if it is held and actually generates less than ninety percent (90%) of the contracted rooms revenue and ninety percent (90%) of the contracted food and beverage revenue, the Original Program Dates Cancellation Fee will be due, no credit will be provided, and Group will owe any amounts due hereunder (including any amounts due for attrition associated with or for the cancellation of the event which is the subject of this Amendment). Please indicate your acceptance by signing and returning this document by Monday, October 3, 2021, via email to xxxxxxxx.xxxxxxx@xxxxxxxx.xxx. Once signed, it will be considered in full force and effect, and it will serve as an official addendum to the contract. Approved and authorized by International Council on Systems Engineering: Name: Title: Signature: Date: Xxxx Xxxxx Asst Director, INCOSE Americas Xxxx Xxxxx xxxx.xxxxx@xxxxxx.xxx 10/08/2021 Approved and authorized by Hotel: Name: Xxxxxxxx Xxxxxx Xxxxxxx Title: Director, Centralized Multi-Hotel Sales Signature: Date: Xxxxxxxx Xxxxxxx Xxxxxxxx.Xxxxxxx@xxxxxxxx.xxx
Sample 1
Conditional Credit. Agent may, but is not required to, credit the Account conditionally on a payable date with interest, dividends, distributions, redemptions or other amounts due. If Agent is instructed to deliver securities or other property against payment, Agent may deliver them before receiving payment and credit the Account with anticipated proceeds. Otherwise, Agent will credit these amounts to the Account on the date of actual receipt and reconcile them to the Account. If Agent has credited the Account with an amount before collection and reconciliation, Agent is entitled to recover any credit from Client and Agent may reverse the credit as of payable or settlement date if and to the extent Agent does not receive these amounts in the ordinary course of business.
Sample 1

Related to Conditional Credit

  • Provisional Credit You acknowledge that the Rules make provisional any credit given for an entry until the financial institution crediting the account specified in the entry receives final settlement. If the financial institution does not receive final settlement, it is entitled to a refund from the credited party and the originator of the entry shall not be deemed to have paid the party.

  • Credit The Credit awarded in section 2 of this Agreement will be allocated to Taxpayer by taxable year as set forth in Exhibit A, provided that Taxpayer achieves the Milestones associated with the applicable taxable year, which includes all investments agreed to in the prior years, as set forth in Exhibit A. Taxpayer acknowledges and agrees that, an allocated portion of the Credit is earned by Taxpayer in the taxable year when the Milestones associated with that allocated portion of the Credit are achieved and to avoid recapture, Taxpayer must maintain such Milestones for three (3) subsequent taxable years. All required Milestones identified on a taxable year basis in Exhibit A, must be met in order to earn the allocated portion of the Credit. In the event Taxpayer satisfies the taxable year Milestones in an earlier taxable year than described in Exhibit A (no earlier than taxable year 2017), upon written approval from GO-Biz, Taxpayer may claim the allocated portion of the Credit in the 0000 X Xxxxxx, 00xx XXXXX, XXXXXXXXXX, XXXXXXXXXX 00000 earlier taxable year when the Milestones are achieved. If Taxpayer satisfied certain taxable year Milestones in an earlier taxable year than described in Exhibit A (no earlier than taxable year 2017), and received written approval from GO-Biz to claim the Credit in the earlier taxable year, then Taxpayer need only maintain such Milestone for three (3) subsequent taxable years to avoid recapture as further described in Section 10. In the event that Taxpayer fails to satisfy each Milestone identified in Exhibit A in the taxable year associated with those Milestones including all Investments agreed to in the prior years, no portion of the Credit will be considered earned in that taxable year, but GO-Biz will not unreasonably deny the Credit to Taxpayer for immaterial variances from the Milestones. In determining whether Taxpayer satisfies each Investment Milestone, Taxpayer may include the aggregate amount of Investment made in prior taxable years (beginning with taxable year 2017) that was in excess of the cumulative Investment Milestones for such taxable years. Any allocated portion of the Credit associated with a specific taxable year in Exhibit A, which is not earned in that year due to failure to achieve the Milestones associated with that taxable year will be earned in the taxable year in which the Milestones are met, but in no event later than the last taxable year identified in Exhibit A.

  • Total Credit Award GO-Biz, upon approval by the Committee and conditioned upon the requirements set forth in this Agreement, will award Taxpayer a California Competes Tax Credit ("CCTC") in the amount of one hundred thousand dollars ($100,000.00) (“Credit”). Specifically, Taxpayer is receiving a CCTC against the “net tax” as defined in RTC section 17039, or the “tax” as defined in RTC section 23036, as applicable, pursuant to RTC section 17059.2 or 23689, as applicable.

  • Original Creation You represent that each of Your Contributions is Your original creation (see section 8 for submissions on behalf of others). You represent that Your Contribution submissions include complete details of any third-party license or other restriction (including, but not limited to, related patents and trademarks) of which you are personally aware and which are associated with any part of Your Contributions.

  • Wrongful credit Notwithstanding any statements of account or notices sent by us to you, we have the right, in our reasonable discretion, to reverse any entry, demand refund of and/or debit your card account in respect of any overpayment or wrongful credit into your card account.

  • Additional Commitments The Parties may negotiate commitments with respect to measures affecting trade in services not subject to scheduling under Article 106 (National Treatment) or Article 107 (Market Access), including those regarding qualifications, standards or licensing matters. Such commitments shall be inscribed in a Party's Schedule.

  • COMMITMENT OF THE THREE PARTIES By signing7 this document, the staff member, the sending institution and the receiving institution/enterprise confirm that they approve the proposed mobility agreement. The sending higher education institution supports the staff mobility as part of its modernisation and internationalisation strategy and will recognise it as a component in any evaluation or assessment of the staff member. The staff member will share his/her experience, in particular its impact on his/her professional development and on the sending higher education institution, as a source of inspiration to others. The staff member and the beneficiary institution commit to the requirements set out in the grant agreement signed between them. The staff member and the receiving institution/enterprise will communicate to the sending institution any problems or changes regarding the proposed mobility programme or mobility period. The staff member Name: Signature: Date: The sending institution Name of the responsible person: Signature: Date: The receiving institution/enterprise Name of the responsible person: Signature: Date: 1 Adaptations of this template: In case the mobility combines teaching and training activities, the mobility agreement for teaching template should be used and adjusted to fit both activity types. In the case of mobility between Programme and Partner Countries, this agreement must be always signed by the staff member, the Programme Country HEI as beneficiary and the Partner Country HEI as sending or receiving organisation. In case of mobility from Partner Country HEIs to Programme Country enterprises the last box should be duplicated to include the signature of the Programme Country HEI (the beneficiary) and the receiving organisation (four signatures in total).

  • Security Constrained Unit Commitment Adjustments The NTO shall coordinate with its ITO(s) as applicable regarding any request for commitment of additional Generators. If, following coordination among the NTO and its ITO(s), an additional resource(s) needs to be committed to ensure local area reliability, the NTO, or the ITO(s) at the NTO’s request, may request commitment of additional Generators (including specific output level(s)). The ISO will use Supplemental Resource Evaluation (“SRE”), pursuant to ISO Tariffs and ISO Procedures, to fulfill a request from the NTO or ITO(s), as appropriate, for additional units.

  • Performance/Bid Bond and Letter Of Credit There are no bonds required for the Contract resulting from this Solicitation. In accordance with Appendix B, section 45, Performance/Bid Bond, the Commissioner of OGS has determined that no performance, payment or Bid bond, or negotiable irrevocable letter of credit or other form of security for the faithful performance of the Contract shall be required at any time during the initial term, or any renewal term, for the resulting Contract and Authorized User Agreements.

  • Special Accommodations Any person requiring a special accommodation due to a disability should contact the Department’s Americans with Disabilities Act (ADA) Coordinator, at (000) 000-0000. Requests for accommodation for meetings must be made at least five workdays prior to the meeting. A person who is hearing or speech impaired can contact the ADA Coordinator by using the Florida Relay Service at (000) 000-0000 (TDD).

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