Corrections and Adjustments Sample Clauses

Corrections and Adjustments. 18.5 For the purposes of applying Conditions 8.11 to 8.15 (inclusive) to the Participant with reference to corrections and adjustments and Triggers notified in a Quarterly Statement for an adjustment Quarter:
Sample 1
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Corrections and Adjustments. Before correcting for overspending of the HCBS/MRDD Waiver for the Contract Year, KDADS will adjust estimated paid claims by the cost of exceptions that are identified in Section V. and are incurred in the Contract Year. In addition, KDADS will include the annualized cost of exceptions incurred in the Contract Year as well as considering the projected cost of identified individuals who qualify for exceptions due to the termination of Technology Assisted, Autism, or Traumatic Brain Injury Waiver services, or children aging out of custody, as it prepares it’s following fiscal year base budget it submits to the Department of Administration.
Sample 1
Corrections and Adjustments. Company will, upon discovery of any error in the calculation or invoicing of any Fees, Charges or Taxes, investigate the error and process any applicable corrections. The error may be resolved by a credit or debit to the next subsequent invoice to Participant or, if greater than USD $1,000.00, by a separate invoice or refund.
Sample 1
Corrections and Adjustments. (a) In the event that Operator determines, pursuant to its normal accounting activities, internal audit or otherwise, that an error has been made in the charging of amounts to the Account, resulting in overcharging or undercharging of amounts to Owner, a correction will be made as soon as reasonably practicable following discovery thereof and an adjustment will be made in the payment of estimated and actual amounts due from Owner pursuant to Section 4.4 of the Agreement to reflect the amount underpaid or overpaid by Owner. Notwithstanding anything to the contrary contained herein, in no event shall Operator make any such adjustment for any errors that occurred prior to the two most recently completed Fiscal Years.
Sample 1
Corrections and Adjustments. If maintenance work or other work is not performed in accordance with the requirements of the Marin Access Paratransit Services Contract, the GGBHTD shall have the right to request that (1) MCTD cause the Contractor to perform such work again correctly at no additional cost to the GGBHTD or MCTD; or (2) to deduct a fair and reasonable amount from payments to Contractor.
Sample 1

Related to Corrections and Adjustments

  • Prorations and Adjustments The following shall be prorated and adjusted between Seller and Buyer as of the Closing Date, except as otherwise specified:

  • Closing Prorations and Adjustments The prorations set forth in this Section 6.5 shall be on a Property-by-Property basis and not among, or between, Properties, and shall not be allocated on an Applicable Share basis.

  • Distributions and Adjustments (a) If any Shares vest subsequent to any change in the number or character of the Common Stock of the Company without additional consideration paid to the Company (through any stock dividend or other distribution, recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase or exchange of shares or otherwise), you shall then receive upon such vesting the number and type of securities or other consideration which you would have received if such Shares had vested prior to the event changing the number or character of the outstanding Common Stock.

  • True-Up Adjustments From time to time, until the Retirement of the Recovery Bonds, the Servicer shall identify the need for True-Up Adjustments and shall take all reasonable action to obtain and implement such True-Up Adjustments, all in accordance with the following:

  • Section 754 Adjustments To the extent an adjustment to the adjusted tax basis of any Company asset, pursuant to Code Section 734(b) or Code Section 743(b) is required, pursuant to Regulations Section 1.704-1(b)(2)(iv)(m)(2) or 1.704-1(b)(2)(iv)(m)(4), to be taken into account in determining Capital Accounts as the result of a distribution to a Unit Holder in complete liquidation of such Unit Holder’s interest in the Company, the amount of such adjustment to Capital Accounts shall be treated as an item of gain (if the adjustment increases the basis of the asset) or loss (if the adjustment decreases such basis) and such gain or loss shall be specially allocated to the Unit Holders in accordance with their interests in the Company in the event Regulations Section 1.704-1(b)(2)(iv)(m)(2) applies, or to the Unit Holder to whom such distribution was made in the event Regulations Section 1.704-1(b)(2)(iv)(m)(4) applies.

  • Corrective Allocations In the event of any allocation of Additional Book Basis Derivative Items or any Book-Down Event or any recognition of a Net Termination Loss, the following rules shall apply:

  • Year-End Adjustment If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment advisory fees waived or reduced and other payments remitted by the Adviser to the Fund or Funds with respect to the previous fiscal year shall equal the Excess Amount.

  • Tax Adjustments The Company may make such reductions in the Purchase Price, in addition to those required by Sections 3, 4, 5, 6, 7 and 8, as the Board of Directors considers to be advisable to avoid or diminish any income tax to holders of Common Stock or rights to purchase Common Stock resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes.

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