Reconciliation Period. The 12-month period, January 1st through December 31st, used for the purpose of calculating Shared Risk and Pharmacy Budget surpluses or deficits. The first Reconciliation Period shall be the period beginning on the date that HMO Members are first assigned to PPG under this Agreement through December 31st of that calendar year.
Reconciliation Period shall, unless otherwise notified by Buyer to Seller, mean a monthly calendar period.
Reconciliation Period. Landlord, for the duration of the Tenant’s Occupancy Period, shall provide to Tenant a Reconciliation Statement of Total Operating Expenses (“Reconciliation”) on an annual basis, within ninety (90) days following the close of the calendar year stating the amount of Additional Rent. Landlord will provide a breakdown of Taxes, Insurance, Utility, Operating Expenses, and additional expenses that were paid by Xxxxxx, the Tenant’s Pro Rata Share and the Property Area in comparison to costs incurred by Landlord for that year. Tenant will have ninety (90) days upon receiving Landlord’s Reconciliation to review any credits or invoices. Tenant shall, in its sole discretion, determine whether the reconciliation documentation is satisfactory. If the documents are deemed satisfactory, Tenant shall submit payment within sixty (60) days or the Landlord shall issue a credit, whichever is applicable. If Tenant determines the reconciliation documentation is not sufficient, Landlord must submit the necessary additional documentation. Xxxxxxxx expressly agrees and acknowledges that Xxxxxx has a right to audit Landlord’s Reconciliation invoices and credits and Landlord agrees to provide receipts and invoices from third party providers to remedy any disputes. Additional Rents not to exceed the amounts herein established in Article 8.
Reconciliation Period. The term “Reconciliation Period” has the meaning set forth in Section 1.07(b).
Reconciliation Period. Each annual reconciliation period for determining shared revenues for providing mainline interruptible services will be the twelve months ended July 31, with Transition Year and Partial Year reconciliation periods as defined in the Stipulation and Agreement approved in Docket No. RP20-921. In Pipeline’s first annual FRQ report filed following the Settlement Effective Date, Pipeline shall include any applicable crediting for each Transition Year(s) that occurred prior to the Settlement Effective Date or in which the Settlement Effective Date occurred.
Reconciliation Period. The second sentence of Section 3.2(d)(vi) of the Agreement is hereby deleted in its entirety and the following is inserted in lieu thereof: Following the Initial Closing, the Company and the Buyer shall, for each of the periods from and including (i) February 4, 2013 to and including Xxxxx 00, 0000, (xx) April 27, 2013 to and including July 26, 2013, (iii) July 27, 2013 to and including October 25, 2013, and (iv) October 26, 2013 to and including the date on which the Final Closing occurs (each such period a “Reconciliation Period”), reconcile the net revenue of the Business as contemplated by Exhibit V (each a “Reconciliation Calculation”).
Reconciliation Period. Six (6) months after the Services Suite Start Date (“Reconciliation Date”), if You have exceeded 105% of the Initial Entitlement listed in Your EUIF (“Allowance Threshold”), the Approved Source will charge You for Services on the Cisco Technology or Devices that exceeds Your Initial Entitlement. You may exceed the Allowance Threshold by (i) failing to decommission Disputed Devices excluded from Your Initial Services Entitlement prior to the Reconciliation Date; and/or (ii) purchasing Devices and Cisco Technology as part of Your Underlying Suite after the Suite Start Date. The Cisco Services Enrollment does not include an Initial Growth Cap. The True Forward date for Your Services Suite will occur on the same date as the True Forward date for the Underlying Suite. If on the first True Forward date for the Services Suite, You have exceeded your Initial Services Entitlement then the Approved Source will charge You for Services based upon Your Use above the Initial Services Entitlement and increased Meter count through the remainder of the Suite Term. If on each subsequent True Forward date, You have exceeded your previous year’s Entitlement, the Approved Source will charge You for Your Use above the previous year’s Entitlement and increased Meter count through the remainder of the Suite Term. Any payment owed to the Approved Source as a result of the True Forward will be reflected in the price quote from the Approved Source. The price used to calculate any True Forward fees will be established when You place the order for the Suite.
Reconciliation Period. During each of the six (6) months after the Closing Date and thereafter as necessary from time to time (the “Reconciliation Period”), Seller Parent and Buyer will conduct a reconciliation of all Post-Closing Cash Receipts and Post-Closing Disbursements consistent with this Section 4.4 and the other provisions of this Agreement. Within ten (10) Business Days after the end of the relevant period, Seller Parent shall provide Buyer with documentation on all Post-Closing Cash Receipts collected by either Seller Group Member and Post-Closing Disbursements paid by either Seller Group Member. Within twenty (20) Business Days thereafter, Buyer shall provide Seller Parent with documentation on all Post-Closing Cash Receipts collected by Buyer and all Post-Closing Disbursements paid by Buyer and the allocation of all Post-Closing Cash Receipts and Post-Closing Disbursements between Seller and Buyer in accordance with the terms of this Section 4.4. Each of Seller Parent and Buyer will hold in trust for the other Party all Post-Closing Cash Receipts received until such time as the same have been allocated to the correct Party. Promptly following each reconciliation, and in any event within five (5) business days thereafter, Buyer shall pay Seller Parent, or Seller Parent shall pay Buyer, as applicable, the net amount due to the other Party, or otherwise settle up such amount. For the avoidance of doubt, Buyer may deduct any amounts owed by Seller Parent to Buyer under this Section 4.4 from the License Agreement, which deductions will not be subject to the provisions of Section 6.6. Following the Closing, the Parties shall provide commercially reasonable cooperation with each other in order to effectuate the terms of this Section 4.4, including but not limited to promptly advising customers to direct to Buyer any future payments.
Reconciliation Period. The 12 month period used for the purpose of calculating a Shared Risk payable or receivable amount. The first Reconciliation Period will be the 12-month period beginning on the date that Medi-Cal HMO Members are first assigned to PPG for Capitation under this Agreement Subsequent Reconciliation Periods will be for each 12 month period thereafter.
Reconciliation Period. The deferral of Base Rent is conditioned upon the full performance by Tenant of all other obligations under the Lease. The parties hereby agree that it will not be an Event of Default under the Lease for Tenant to defer payment of Base Rent during the Deferral Period, provided that Tenant pays all Deferred Base Rent during the Reconciliation Period in accordance with the payment schedule set forth herein. If Tenant fails to pay the Deferred Base Rent during the Reconciliation Period, then failure to pay the Deferred Base Rent during the Deferral Period shall be an Event of Default and Landlord may exercise any and all rights and remedies available to it under the Lease and at law and equity. Nothing contained in this Amendment shall in any way alter or affect Tenant's obligation to pay Base Rent, Additional Rent or any other sum or amount due under the Lease except as expressly set forth herein. The definition of Base Rent in Section 1.1 of the Lease is hereby amended as follows: 1 S8.50 $ 137,700.00 $ 11,475.00 $ 10.75 * $ 174,150.00 $ 14,512.50 3 $ 12.00 SI 94,400.00 $ 16,200.00 4 $ 12.25 $ 198,450.00 $ 16,537.50 5 $ 12.50 $ 202,500.00 $ 16,875.00 * Notwithstanding the foregoing, Base Rent shall be deferred during the months of October,November and December of 2008 and Base Rent shall equal $21,540.12 for the months of January, February, March, April, May and June of 2009.
