Reconciliation and Settlement Sample Clauses

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.
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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.
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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...
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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.
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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.
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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.
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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.
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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.
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Related to Reconciliation and Settlement

  • PAYMENT AND SETTLEMENT You shall deliver to the Manager on the date and at the place and time specified in the applicable AAU (or on such later date and at such place and time as may be specified by the Manager in a subsequent Wire) the funds specified in the applicable AAU, payable to the order of Xxxxxxx Xxxxx Xxxxxx Inc., for (i) an amount equal to the Offering Price plus (if not included in the Offering Price) accrued interest, amortization of original issue discount or dividends, if any, specified in the Prospectus or Offering Circular, less the applicable Selling Concession in respect of the Firm Securities to be purchased by you, (ii) an amount equal to the Offering Price plus (if not included in the Offering Price) accrued interest, amortization of original issue discount or dividends, if any, specified in the Prospectus or Offering Circular, less the applicable Selling Concession in respect of such of the Firm Securities to be purchased by you as shall have been retained by or released to you for direct sale as contemplated by Section 3.6 hereof or (iii) the amount set forth or indicated in the applicable AAU, as the Manager shall advise. You shall make similar payment as the Manager may direct for Additional Securities, if any, to be purchased by you on the date specified by the Manager for such payment. The Manager will make payment to the Issuer or Seller against delivery to the Manager for your account of the Securities to be purchased by you, and the Manager will deliver to you the Securities paid for by you which shall have been retained by or released to you for direct sale. If the Manager determines that transactions in the Securities are to be settled through the facilities of DTC or other clearinghouse facility, payment for and delivery of Securities purchased by you shall be made through such facilities, if you are a member, or, if you are not a member, settlement shall be made through your ordinary correspondent who is a member.

  • Clearance and Settlement If the Pricing Agreement specifies that the Securities will clear and settle through one or more clearing systems, the Securities will be eligible for clearance and settlement through such clearing system or systems.

  • Defense and Settlement The Receiver shall have the right, in its discretion, to (i) defend or settle any claim or suit against the Assuming Institution with respect to which the Receiver has indemnified the Assuming Institution in the same manner and to the same extent as provided in Article XII, and (ii) defend or settle any claim or suit against the Assuming Institution with respect to any Liability Assumed, which claim or suit may result in a loss to the Receiver arising out of or related to this Agreement, or which existed against the Failed Bank on or before the Bank Closing Date. The exercise by the Receiver of any rights under this Section 9.3(a) shall not release the Assuming Institution with respect to any of its obligations under this Agreement.

  • Dispute Settlement 1. A Party may not initiate proceedings under the general dispute settlement provisions of this Agreement regarding a refusal to grant temporary entry under this Chapter unless: (a) the matter involves a pattern of practice; and (b) the business person has exhausted the available administrative remedies regarding the particular matter. 2. The remedies referred to in subparagraph 1(b) shall be deemed to be exhausted if a final determination in the matter has not been issued by the competent authority within one year of the institution of an administrative proceeding, and the failure to issue a determination is not attributable to delay caused by the business person.

  • Defense; Settlement Indemnitee shall have the sole right and obligation to control the defense or conduct of any claim or Proceeding with respect to Indemnitee. The Company shall not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee or which potentially or actually imposes any cost, liability, exposure or burden on Indemnitee unless (i) such settlement solely involves the payment of money or performance of any obligation by persons other than Indemnitee and includes an unconditional release of Indemnitee by all relevant parties from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters and (ii) the Company has fully indemnified the Indemnitee with respect to, and held Indemnitee harmless from and against, all Expenses incurred by Indemnitee or on behalf of Indemnitee in connection with such Proceeding. The Company shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s prior written consent, which consent shall not be unreasonably withheld, delayed or conditioned, unless such settlement solely involves the payment of money or performance of any obligation by persons other than the Company and includes an unconditional release of the Company by any party to such Proceeding other than the Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that the Company denies all wrongdoing in connection with such matters.

  • Borrowing Procedures and Settlements (a) Each Revolving Facility Borrowing or a Borrowing of Other Revolving Loans shall be made by a written request by an Authorized Person delivered to the Administrative Agent (which may be delivered through the Administrative Agent’s electronic platform or portal) and received by the Administrative Agent no later than 2:00 p.m., Local Time, (i) on the Business Day that is the requested funding date in the case of a request for a Swingline Borrowing, (ii) on the Business Day that is one Business Day prior to the requested funding date in the case of a request for a Base Rate Borrowing, and (iii) on the Business Day that is three Business Days prior to the requested funding date in the case of all other requests, specifying (A) the amount of such Borrowing, and (B) the requested funding date (which shall be a Business Day); provided that the Administrative Agent may, in its sole discretion, elect to accept as timely requests that are received later than 2:00 p.m., Local Time, on the applicable Business Day. All Borrowing requests which are not made on-line via the Administrative Agent’s electronic platform or portal shall be subject to (and unless the Administrative Agent elects otherwise in the exercise of its sole discretion, such Borrowing shall not be made until the completion of) the Administrative Agent’s authentication process (with results satisfactory to the Administrative Agent) prior to the funding of any such requested Loan. Each such Borrowing request shall specify the following information in compliance with Section 2.02:

  • Compromise and Settlement No compromise, settlement, release, renewal, extension, indulgence, change in, waiver or modification of any of the Obligations or the release or discharge of Borrower from the performance of any of the Obligations shall release or discharge Guarantor from this Guaranty or the performance of the obligations hereunder.

  • Time of Settlement RSUs shall be settled promptly upon expiration of the Restricted Period without forfeiture of the RSUs (i.e., upon vesting), but in any event within 60 days after expiration of the Restricted Period, by delivery of one share of Common Stock for each RSU being settled, or, at the discretion of the Company, the cash equivalent thereof; provided, however, that settlement of an RSU shall be subject to Plan Section 11(k), including if applicable the six-month delay rule in Plan Sections 11(k)(i)(C)(2) and 11(k)(i)(G); provided further, that no dividend or dividend equivalents will be paid, accrued or accumulated in respect of the period during which settlement was delayed. (Note: This rule may apply to any portion of the RSUs that vest after the time you become Retirement eligible under the Plan, and could apply in other cases as well). Settlement of RSUs which directly or indirectly result from adjustments to RSUs shall occur at the time of settlement of, and subject to the restrictions and conditions that apply to, the granted RSUs. Settlement of cash amounts which directly or indirectly result from adjustments to RSUs shall be included as part of your regular payroll payment as soon as administratively practicable after the settlement date for the underlying RSUs, and subject to the restrictions and conditions that apply to, the granted RSUs. Until shares are delivered to you in settlement of RSUs, you shall have none of the rights of a stockholder of the Company with respect to the shares issuable in settlement of the RSUs, including the right to vote the shares and receive actual dividends and other distributions on the underlying shares of Common Stock. Shares of stock issuable in settlement of RSUs shall be delivered to you upon settlement in certificated form or in such other manner as the Company may reasonably determine. At that time, you will have all of the rights of a stockholder of the Company.

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