Reconciliation and Settlement both parties check the quantity of computing power actually used in the previous month at the beginning of each month and calculate the amount to be settled in the previous month according to the actual amount of computing power confirmed by both parties and the purchase unit price agreed according to article 1.5 of this contract. After the end of each quarter, if the total amount of the actual settlement of the quarter is lower than the minimum guaranteed commitment as agreed in Article 1.3 of this agreement, the difference shall be compensated to Party B. If the actual settlement amount is higher than the guaranteed minimum commitment amount, the actual settlement amount shall prevail.
Reconciliation and Settlement. (a) Within [*] after the end of each calendar month, each Party shall provide a good faith estimate of its Development Expenses, Commercialization Expenses and Net Sales for [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended. the current month in the form of a written report to a finance officer designated by Takeda and a finance officer designated by Ovid (the “Finance Officers”), to satisfy each Party’s financial reporting requirements. Within [*] after the end of each Calendar Quarter during the Term, each Party shall provide a written report to the other Party’s Finance Officer setting forth the Development Expenses (including where jointly funded, all Additional Indication Development Expenses) and Commercialization Expenses it incurred in such Calendar Quarter with respect to the Product, and its Net Sales of the Product (each, a “Quarterly Report”). Each Quarterly Report shall specify in reasonable detail all Development Expenses, Commercialization Expenses and Net Sales of the applicable Party, and, if requested by the other Party, any invoices or other supporting documentation for any payments to a Third Party that individually exceed [*] or with respect to which documentation is otherwise reasonably requested.
Reconciliation and Settlement. Consultant invests in best-in-class tools and technology to support the portfolio management process and simplify investment reporting and compliance. Consultant’s operations team performs daily reconciliations of cash balances and positions in all accounts. This is completed by comparing each account’s cash and security positions in Consultants XXX for Securities accounting system to the relative holdings maintained and provided by the City’s custodian bank. Consultant will work with a number of third-party custodians, including the City’s current provider, Bank of New York Mellon. Consultant will assist the City in reviewing custodial and safekeeping arrangements. The Consultants Relationship Manager will review the City’s current custodial arrangement, including contractual arrangement, services provided, the City’s satisfaction with the services and their cost. Consultant will make recommendations for revisions in the City’s existing relationship and assist in selecting a new custodian that best facilitates the City’s needs. • Establish an appropriate performance benchmark. Along with an overarching investment strategy designed to meet the City’s risk tolerance and return expectations, Consultant will identify an appropriate benchmark to measure portfolio outcomes. The benchmark should reflect the actual securities being purchased and the risks undertaken and should have a similar weighted average maturity and credit profile as the portfolio. The benchmark should also be the basis for discussion about factors contributing to incremental outperformance of the portfolio relative to the benchmark. Consultant will undergo a collaborative process with the City’s finance staff to select appropriate benchmarks for each of its portfolios. • Portfolio Accounting and Reporting. Consultant will provide monthly reports that include a management summary of portfolio characteristics, performance and full accounting details. Reports may be structured to include the City’s investment accounts as well as its liquid funds in LAIF and cash vehicles. Consultant’s consolidation of the City’s accounts offers both a “broken-out” as well as an aggregated view of the City’s entire investment program for increased transparency and operational efficiency. This provides a rolled up or complete view of the City’s investment program. Reports as well as holdings, trade tickets, and historical data is available to the City via Consultant’s online reporting tool, the Xxxxxxxx Client P...
Reconciliation and Settlement. (a) Party A shall provide for Party B with the marketing background system for query; and Party A shall ensure the authenticity and accuracy of the marketing background system data. If there exists the error or deviation in the data of the marketing background system, and such error or deviation is lower than 3%, both parties hereto agree to follow the data of the marketing background system; and if the error or deviation is higher than 3%, both parties hereto shall jointly check and verity the related data and resolve it through consultation.
Reconciliation and Settlement. The Sellers hereby warrant and represent to the Purchasers that (a) the Receivables Schedule attached to this Settlement Statement, setting forth the information described therein with respect to each of the Closing Receivables for the Settlement Period, is true and correct and (b) the following information is true and correct and accurately sets forth (i) the Portfolio Increases due from the Purchasers to the Sellers, and/or the Portfolio Decreases due from the Sellers to the Purchasers, as the case may be, for the Settlement Period, (ii) the Purchasers' Yield and the Facility Fees for the Settlement Period due from the Sellers to the Purchasers,1 and (iii) the amount of all Agent's Servicing Fees and Agent's Costs and Expenses, if any, that became due to the Agent on or before, but remain unpaid as of, the Ending Date of the Settlement Period.
Reconciliation and Settlement. (a) Within [***] after the end of each Calendar Quarter, Takeda shall make the Royalty Payments to Ovid and provide a written report to Ovid’s Finance Officer setting forth Takeda’s Net Sales of the Product in such Calendar Quarter and Takeda’s calculation of the Royalty Payments in respect of such Calendar Quarter (each, a “Quarterly Report”). Each Quarterly Report shall specify in reasonable detail all Net Sales of Takeda and the calculation of the Royalty Payments, and, if requested by Ovid, any invoices or other supporting documentation for any payments to a Third Party that individually exceed [***] or with respect to which documentation is otherwise reasonably requested.
Reconciliation and Settlement. (a) Party A shall provide the promotion background system available for queries to Party B. Party A shall undertake the authenticity and accuracy of data in such promotion background system. Should there is an error in the data in such promotion background system, if such error is within 3%, both parties agree that the data in such promotion background system prevails, if such error is more than 3%, both parties shall jointly check related data and solve in consultation.
Reconciliation and Settlement. In the event the CICO terminates or non-renews this Contract, CMS’ final settlement phase for terminating contracts applies. This final settlement phase lasts for a minimum of eighteen (18) months after the end of the calendar year in which the termination date occurs. This final settlement will include reconciliation of any demonstration-specific payments or recoupments, including those related to quality withholds, medical loss ratios, as applicable, that are outstanding at the time of termination Audits/Monitoring CMS and SCDHHS will conduct periodic audits to validate rate cell assignments or other coding. Audits may be conducted by a peer review organization or other entity assigned this responsibility by CMS and SCDHHS.
