Payments and Adjustments Sample Clauses

Payments and Adjustments a. The Contractholder and the Producer have agreed that the amount of the Fee initially shall be 0.50% of the monthly Premium amount per month. b. The Contractholder will notify Blue Shield of any change to the Fee or the manner in which it is to be paid in writing. For purposes of Blue Shield’s duties and responsibilities under this Arrangement, any such change will be effective the first day of the month following Blue Shield’s receipt of such written notice of the change. c. The Contractholder will notify Blue Shield of a producer of record change in writing. For purposes of Blue Shield’s duties and responsibilities under this Arrangement, any such change will be effective the first day of the month following Blue Shield’s receipt of such written notice of the change. Following the change, Blue Shield will remit the Fee to the new producer. d. The parties acknowledge that any payment received by Blue Shield from the Contractholder will be applied first to Premiums due to Blue Shield, and any amount in addition to such Premiums to payment of the Fee. The Contractholder’s failure to pay the Fee through Blue Shield will not subject the Contractholder to termination of any Blue Shield coverages for non-payment of Premium. e. The Contractholder acknowledges and agrees that Blue Shield may deposit the Fee into a general account that may collect interest. Blue Shield may retain any interest or investment income on funds held in the account. f. The Contractholder acknowledges and agrees that its Blue Shield coverages may, if otherwise eligible, be taken into account in the calculation of any bonus program offered by Blue Shield to the Producer.

Payments and Adjustments. From and after the Effective Date, Administrative Agent shall make all payments in respect of the Assigned Interest (including payments of principal, interest, fees, and other amounts) to Assignee. Assignor and Assignee shall make all appropriate adjustments in payments for periods before the Effective Date by Administrative Agent or with respect to the making of this assignment directly between themselves.

Payments and Adjustments. A. All parties agree to promptly notify the others upon becoming aware of an incorrect payment amount, and to promptly remit any amounts overpaid. B. If the amount the Customer pays to UHS for both Service Fee and premium related to the Medical Benefit Plan(s) purchased by Customer is less than the amount billed by UHS, the amount forwarded to the Service Provider will vary in direct proportion to the difference in the amount paid compared to the amount billed. This variation will apply regardless of the basis used for calculating the Service Fee, including a percent of premium, a set amount per enrolled employee, per month, or a set dollar amount per month. C. UHS may recover overpayments from Service Provider by offsetting the overpayment against any other compensation due to Service Provider by UHS. D. Service Fees will be subject to garnishments and any other legal attachments as required by a legal court order or similar action. E. The Service Fee amount may be modified on a prospective basis only. UHS must be informed of the change in writing, including the date that the change will be implemented (which must be at least thirty (30) days from the date of such notice to UHS). UHS will notify Customer and Service Provider in writing that it will implement the change on the date requested; provided, however, that UHS has the right to designate a date subsequent to the date requested if, in its reasonable judgment, UHS believes that such a delay is necessary.

Payments and Adjustments. (a) Subject to adjustment as provided in Sections 7(b) and 7(c), and subject further to the Omnibus Agreement, Inland shall pay Cliffs [* * * *] of each month (or if such day is not a Business Day, the Alternative Day), an amount equal to (i) commencing as of [* * * *] 2003, [* * * *] of the total cost of all of the tons of the various kinds of Cliffs Pellets to be supplied to meet Inland's Excess Annual Requirements for such Contract Year, to be determined in each case by multiplying such Excess Annual Requirements by the Expected Iron Content and the Base Price per Iron Unit, plus the appropriate Flux Charge per Ton, [* * * *]. Except as otherwise provided herein, the payments required to be made by Inland pursuant to Section 7(a)(ii) shall be made by Inland during the initial term of this Agreement [* * * *]. (b) The payments provided for in Section 7(a)(i) shall be adjusted as follows: (i) In the event of any adjustment to the Excess Annual Requirements pursuant to Section 5(b), any payments to be made pursuant to Section 7(a)(i) after such adjustment shall be increased or decreased so that such payments will be equal in amount. (ii) Beginning in [* * * *], not later than June 15 of each Contract Year, Cliffs shall prepare and certify to Inland (x) Cliffs' calculation of the Composite Index and the Flux Composite Index for such Contract Year, (y) Cliffs' recalculation of the Base Price per Iron Unit and Flux Charge per Ton for each kind of Cliffs Pellets, based thereon, and (z) the amount of the difference between the amount previously paid for Cliffs Pellets during the Contract Year and the amount that would have been paid had such adjusted Composite Index and Flux Composite Index been in effect from the beginning of the Contract Year. All subsequent payments to be made under Section 7(a)(i) shall be adjusted to reflect the revised Base Price per Iron Unit and Flux Charge per Ton, and the next such payment shall be adjusted by the amount specified in clause (z) above. For purposes of this Section 7(b)(ii), the term "Cliffs Pellets" shall be deemed to include pellets supplied by the Partnership under the EIMP Ore Sales Agreement. (c) In addition to the adjustments to be made pursuant to Section 7(b), not later than January 31 of each Contract Year, Cliffs shall prepare and certify to Inland: (x) Cliffs' calculation of the actual tonnage of each kind of Cliffs Pellets and any variance from tonnage forecast to be delivered to satisfy Inland's Excess Annu...

Payments and Adjustments. All parties agree to promptly notify the others upon becoming aware of an incorrect payment amount, and to promptly remit any amounts overpaid. If the amount the Employer Member pays to UHS for both Service Fee and premium related to the Medical Benefit Plan(s) purchased by Employer Member via the Policyholder is less than the amount billed by UHS, the amount forwarded to the Service Provider will vary in direct proportion to the difference in the amount paid compared to the amount billed. This variation will apply regardless of the basis used for calculating the Service Fee, including a percent of premium, a set amount per enrolled employee, per month, or a set dollar amount per month. UHS may recover overpayments from Service Provider by offsetting the overpayment against any other compensation due to Service Provider by UHS. Service Fees will be subject to garnishments and any other legal attachments as required by a legal court order or similar action. If the Service Fee Rate is determined by the number of enrolled employees according to a Service Fee Schedule, the Service Fee Rate for that Employer Member, will be based on the number of enrolled employees at the time that United enrollees the Employer Member in the AHP, and will not change. The Service Fee Rate or Service Fee Schedule may be modified by the Policyholder on a prospective basis only. UHS must be informed of the change in writing, including the date that the change will be implemented (which must be at least thirty (30) days from the date of such notice to UHS). UHS will notify Employer Member and Service Provider in writing that it will implement the change on the date requested; provided, however, that UHS has the right to designate a date subsequent to the date requested if, in its reasonable judgment, UHS believes that such a delay is necessary.

Payments and Adjustments. From and after the Effective Date, Agent ------------------------ shall make all payments in respect of the Assigned Interest (including payments of principal, interest, fees, and other amounts) to Assignee. Assignor and Assignee shall make all appropriate adjustments in payments for periods before the Effective Date by Agent or with respect to the making of this assignment directly between themselves. Assignor agrees to apply any payments and proceeds with respect to the Obligation ratably with Assignee.

Payments and Adjustments a. The Service Fee amount detailed in Exhibit A may be modified on a prospective basis only. Group shall notify BCBSRI of any change to the Service Fee amount in writing and BCBSRI will notify Group of the effective date of the change. b. All parties agree to promptly notify the others of incorrect Service Fee payment amounts and to promptly remit any amounts overpaid. c. BCBSRI may recover overpayments to Broker by offsetting the overpayment against any other compensation due to Broker by BCBSRI under this Agreement. d. The parties acknowledge that any payment received by BCSBRI from Group will first be applied to premiums due to BCBSRI. Group’s failure to pay the Service Fee will not subject Group to termination for non-payment of premium.

Payments and Adjustments. 19.8.1 ARIAD SWISSCO shall be entitled to offset or otherwise withhold or adjust any Payment due to ARIAD US under this Agreement and any actual tax payment made to a tax authority under Section 9.7 (Tax Matters) of the [**] = Portions of this exhibit have been omitted pursuant to a confidential treatment request. An unredacted version of this exhibit has been filed separately with the Commission. Share Purchase Agreement in view of claims that ARIAD SWISSCO may have. 19.8.2 Within [**] after the end of each calendar year (except for the final payment, which shall be made within [**] of the [**] of the Effective Date), ARIAD US shall pay to ARIAD SWISSCO an amount equal to the Year-End Compensating Payment as set forth on Appendix 19.8.2. 19.8.3 Each Party shall make all payments due by it to the other Party under this Agreement in accordance with the time periods set forth in this Agreement for the applicable payment in full amount of such payment except (in the case of payments under this Agreement other than those under Sections 19.1, 19.2 and 19.4) as may be disputed in good faith by such paying Party. Notice of the basis for, and reasonable detail of, any such dispute shall be provided in writing together with such payment, together with the identity of the designated finance representative of such paying Party. The finance representatives of each Party shall promptly, but no later than [**] after the receipt of such notice, in order to attempt in good faith to resolve such dispute; provided, that, after [**], such dispute shall be escalated to the Senior Officers under Section 29.2. If the Senior Officers are not able to resolve such dispute in accordance with Section 29.2, upon the request of one of the Parties, such dispute shall be submitted to an independent accounting firm in accordance with the general procedures set forth in Section 19.9, or, absent such submission, either Party may invoke the provisions of Section 29.3 with respect to such dispute.

Payments and Adjustments. (a) The Final Purchase Price shall be satisfied by: (i) payment by Purchaser to the Shareholders in cash at Closing of an aggregate amount equal to the Initial Purchase Price minus the Retention Amount (“Initial Cash Component”); and (ii) delivery to each Shareholder at Closing of a Note, which shall together be in the aggregate principal amount of the Retention Amount, in each case pursuant to Section 2.4; followed by, (iii) subject to Section 1.4 (d) below, payment in cash, within 20 Business Days of the final agreement or determination of the Final Purchase Price in accordance with Part 2 of Schedule E, from Purchaser to the Shareholders of an aggregate amount equal to the Final Purchase Price minus the Initial Purchase Price if the difference is a positive number (or payment in cash from the Shareholders to Purchaser of an aggregate amount equal to such difference if the amount is a negative number). (b) Each of the Initial Purchase Price and the Final Purchase Price shall be agreed or determined in accordance with the principles and mechanics set out in Schedule E. (c) At the same time that any payment is made by the Shareholders to the Purchaser or by the Purchaser to the Shareholders pursuant to Section 1.4(a)(iii) the Purchaser shall, subject to Section 1.4(d) below, pay to the Shareholders an amount equal to the Purchase Price Interest Amount . (d) If any payment is due from the Shareholders to the Purchaser pursuant to Section 1.4(a)(iii), the Shareholders’ obligation to make such payment (the “Shareholder Balancing Payment”) and the Purchaser’s obligation to make the payment of the Purchase Price Interest Amount shall be set-off against one another so that: (i) if the Shareholder Balancing Payment exceeds the Purchase Price Interest Amount , the Shareholders shall deduct the amount of the Purchase Price Interest Amount from the amount of the Shareholder Balancing Payment payable by the Shareholders to the Purchaser pursuant to Section 1.4(a)(iii) and such deduction shall be in full satisfaction of the Purchaser’s obligation to make the payment of the Purchase Price Interest Amount pursuant to the provisions of Section 1.4(c); and (ii) if the Shareholder Balancing Payment is an amount which is less than the amount of the Purchase Price Interest Amount, the amount payable by the Purchaser pursuant to the provisions of this Section 1.4(c) shall be reduced by an amount equal to the Shareholder Balancing Payment and the Shareholders obligation to mak...

Payments and Adjustments. 2.1 The Donor will contribute up to $20,000 to the Municipality, which will be used to support the cost of all permits, design consultants, capital equipment and labour associated with the Project. 2.2 The Municipality will make a matching financial contribution of up to $20,000 to the Project. The Municipality contribution was approved by Council on October 15, 2018, Council Resolution #? 2.3 The Donor will contribute the first installment of $10,000 to the Municipality within 10 business days of the signing of this Agreement. The balance of the contribution will be payable to the Municipality within 10 business days of receiving a final invoice from the company that will install the solar panels. 2.4 The Municipality will acknowledge receipt in respect of this gift to the North Growth Foundation.