Quarterly Recurring Charges Calculation Sample Clauses

Quarterly Recurring Charges Calculation. (a) The Landlord shall submit to the Tenant, within five (5) Business Days of the relevant Stage Works Practical Completion, the Landlord's draft final account for the Total Development Costs to date for such Stage together with such supporting documents and information as the Landlord shall consider necessary (acting reasonably), together with its calculation of the Estimated Quarterly Recurring Charges for each Phase of such Stage, all subject to the terms and provisions set forth in Schedule 7 attached hereto. Landlord shall provide such additional supporting documentation and information regarding the calculation of the Total Development Costs as Tenant may reasonably request. (b) On the expiry of eleven (11) months from each Phase's respective Commencement Date, the Landlord shall issue to the Tenant a final statement of account setting out its final calculation of the Total Development Costs for the relevant Stage, together with such further supporting documents and information as may be reasonably required by the Tenant in order for it to review and consider such final calculation of the same by the Landlord. As soon as reasonably practicable after receipt of the same, the Tenant and the Landlord shall work together reasonably and in good faith to agree on such final account and the consequent Actual Quarterly Recurring Charges for each such Stage, and each Phase of such Stage, and, subject to the terms and provisions of Clause 13.4(c), the Actual Quarterly Recurring Charges for each such Stage, and each Phase of such Stage, shall be deemed to be the Quarterly Recurring Charges for each such Stage, and each Phase of such Stage, for the purposes of the relevant Leases, and the parties shall document the same by signing a memorandum. Notwithstanding the foregoing, Landlord and Tenant acknowledge and agree that the Estimated Quarterly Recurring Charges and the Actual Quarterly Recurring Charges for each of Xxxxx 0, Xxxxx 3, and Phase 5 shall be subject to further adjustment as set forth in the definitions of “First Year Quarterly Recurring Charges” and “Reconciled First Year Quarterly Recurring Charges” in the relevant Leases. Any dispute as to such final account and the amount of the Total Development Costs for a Stage and/or any Phase within a Stage shall be determined in accordance with Clause 24. (c) If, upon agreement or determination of the final statement of account of the Total Development Costs for a Stage and each Phase of a Stage under Claus...
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Related to Quarterly Recurring Charges Calculation

  • Recurring Charges You or a supplementary cardmember may authorize a merchant to bill your account at regular intervals for goods or services (called recurring charges). Here are some important things that you need to know about recurring charges and your account.

  • Non-Recurring Charges 1.9.1 Where rates consist of usage sensitive charges or per occurrence charges, such rates are classified as “non- recurring charges”. 1.9.2 Consistent with FCC Rule 51.307(d), there may be non-recurring charges for each 251(c)(3)

  • Nonrecurring Charges The resale discount, as shown in the Resale attachment of this Agreement, does not apply to non-recurring charges (NRCs), whether such NRCs are contained in this Agreement, in CenturyLink’s applicable retail Tariffs or as otherwise offered on a retail basis.

  • Interest Expense Coverage Ratio The Borrower will not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense for any period of four consecutive fiscal quarters to be less than 3.75 to 1.00.

  • Payment Calculation District shall pay Contractor at a rate of $ per . District shall pay Contractor as described in attached Exhibit A

  • Fixed Charges Coverage Ratio The Company will not permit the Consolidated Fixed Charge Coverage Ratio to be less than 2.00 to 1.00.

  • Payment and Year-End Adjustment Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. 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 actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense Limit.

  • End of Fiscal Years; Fiscal Quarters The Borrower will cause (i) its and each of its Domestic Subsidiaries’ fiscal years to end on December 31 of each calendar year and (ii) its and each of its Domestic Subsidiaries’ fiscal quarters to end on March 31, June 30, September 30 and December 31 of each calendar year.

  • Adjustments Not Yet Effective Notwithstanding anything to the contrary in this Indenture or the Notes, if: (i) a Note is to be converted pursuant to Physical Settlement or Combination Settlement; (ii) the record date, effective date or Expiration Time for any event that requires an adjustment to the Conversion Rate pursuant to Section 5.05(A) has occurred on or before the Conversion Date for such conversion (in the case of Physical Settlement) or on or before any VWAP Trading Day in the Observation Period for such conversion (in the case of Combination Settlement), but an adjustment to the Conversion Rate for such event has not yet become effective as of such Conversion Date or VWAP Trading Day, as applicable; (iii) the Conversion Consideration due upon such conversion includes any whole shares of Common Stock (in the case of Physical Settlement) or due in respect of such VWAP Trading Day includes any whole or fractional shares of Common Stock (in the case of Combination Settlement); and (iv) such shares are not entitled to participate in such event (because they were not held on the related record date or otherwise), then, solely for purposes of such conversion, the Company will, without duplication, give effect to such adjustment on such Conversion Date (in the case of Physical Settlement) or such VWAP Trading Day (in the case of Combination Settlement). In such case, if the date on which the Company is otherwise required to deliver the consideration due upon such conversion is before the first date on which the amount of such adjustment can be determined, then the Company will delay the settlement of such conversion until the second (2nd) Business Day after such first date.

  • Interest Expense For any period with respect to Parent Borrower and its Subsidiaries, without duplication, (a) interest (whether accrued or paid) actually payable (without duplication), excluding non-cash interest expense but including capitalized interest not funded under a construction loan, together with the interest portion of payments actually payable on Capitalized Leases, plus (b) Parent Borrower’s and its respective Subsidiaries’ Equity Percentage of Interest Expense of their Unconsolidated Affiliates for such period.

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