Reconciliation Process Sample Clauses

Reconciliation Process. Upon signing the Comprehensive Peace Agreement, the Presidency shall, as a matter of urgency, start peace and reconciliation process for Abyei that shall work for harmony and peaceful co-existence in the Area.

Reconciliation Process. 5.1 After the start of Project operation and by December 31 of each year, SMWD shall provide Metropolitan with the following reconciliation data for the previous Fiscal Year: (a) records of Recovered Water and Allowable Yield; (b) supporting documentation of the actual cost of the Project required to perform the calculations prescribed in Exhibits B and C; (c) records of water deliveries to end users; (d) terms and schedule of payments of the Project’s financing instruments; (e) a description of any changes to the Project’s financing instruments; and (f) all contributions pursuant to Section 5.4. 5.2 If reconciliation data is not submitted by December 31 in accordance with Section 5.1, Metropolitan will assess a late penalty charge to SMWD as prescribed in Metropolitan’s Administration Code, currently set at $2,500 in Section 4507. Metropolitan may suspend its payment of Estimated LRP Contribution if SMWD fails to provide reconciliation data by the ensuing April 1. During the suspension period, SMWD shall continue to invoice Metropolitan for the Estimated LRP Contribution based upon the Allowable Yield for water accounting purposes. Metropolitan will resume payment of the monthly Estimated LRP Contribution once complete data is received and the corresponding reconciliation is complete pursuant to Section 5.3. In the event SMWD fails to provide reconciliation data by December 31 of the following Fiscal Year, which is 18 months after the end of the Fiscal Year for which a reconciliation is required, this Agreement shall automatically terminate without notice or action by any Party and SMWD shall repay Metropolitan all Estimated LRP Contributions for which no reconciliation data was provided within 90 days of termination. 5.3 Within 180 days after Metropolitan receives complete data from SMWD, pursuant to Section 5.1, Metropolitan shall calculate the Final LRP Contribution for the Fiscal Year. The Final LRP Contribution shall then apply retroactively to all Allowable Yield for the applicable Fiscal Year. An adjustment shall be computed by Metropolitan for over- or under-payment for the Allowable Yield and included on the next monthly water service invoice issued to MWDOC. As part of this reconciliation, Metropolitan shall also consult with SMWD to determine the Estimated LRP Contribution for the following year based on historic cost data and expected Project activities. 5.4 The Parties agree that all contributions other than LRP incentives under this Agreemen...

Reconciliation Process state and federal agencies agree to consolidate billing and minimum balances. All Washington costs of fires occurring in and out of Washington, regardless of jurisdictional boundary, will be compiled based on each agencies’ costs. A reconciliation balance sheet will be developed and billed as one consolidated amount. This cost tracking method will reduce actual payments and ensure that a fair division of suppression costs can be made between the Federal Agencies and the State in a timely fashion. Agency and Cooperator costs are identified by fire number and code and tracked on an annual balance sheet. Federal balance sheets (and State balance sheets depending on funding laws) must align with a single fiscal year. A final division of cost responsibilities based on jurisdiction, minimum thresholds and cost share agreements will be negotiated by [mmdd] of each year. Minimum Billing Threshold is [$XX – insert agreed upon amount] and applies to all fires included in this process. It does not apply to out-of-state responses. The minimum threshold does not apply to costs for cooperating fire departments under a separate agreement with the state when working outside their jurisdictional boundary or requested by a resource order for extended attack. The [agency] will be responsible for managing the balance sheet which includes all agencies’ costs and cost share information. Actual costs are tracked by each agency for each incident. Agency actual costs are subject to audit procedures. The balance sheet is verified but may be disputed based on the cost share allocation, severability of costs and actual costs submitted for each fire. The balance sheet will result in a final settlement between all Parties and one transfer of funds is required to reconcile the fire season, unless a request is submitted to complete reconciliation prior to the end of fire season, at which point a settlement will be done for expenses to the requested date.

Reconciliation Process. The parties agree to reconcile portfolios as required by the Portfolio Reconciliation Risk Mitigation Techniques using the following process: (a) on each Data Delivery Date, HSBC will provide Portfolio Data to the Counterparty; (b) on each PR Due Date, the Counterparty will perform a Data Reconciliation; (c) if the Counterparty identifies one or more discrepancies which it determines, acting reasonably and in good faith, are material to the rights and obligations of the parties in respect of one or more Relevant Transaction(s), it will notify HSBC in writing as soon as reasonably practicable and the parties will consult with each other in an attempt to resolve such discrepancies in a timely fashion for so long as such discrepancies remain outstanding, using, without limitation, any applicable updated reconciliation data produced during the period in which such discrepancy remains outstanding; and (d) if the Counterparty does not notify HSBC that the Portfolio Data contains discrepancies by 4p.m. local time in the place of business of HSBC on the fifth Joint Business Day following the later of the PR Due Date and the date on which HSBC provided such Portfolio Data to the Counterparty, the Counterparty will be deemed to have affirmed such Portfolio Data.

Reconciliation Process. Within five (5) business days after the end of each month during the term of any Development Plan, VirTra will submit to Modern Round a monthly invoice for the actual costs of conducting the services contemplated by the Development Plan in the immediately preceding month, including a reasonably detailed itemization of such costs. To the extent the invoiced amounts are less than the Monthly Expense for such month (the “Surplus”), the Surplus shall be credited against the subsequent month’s Monthly Expense owed to VirTra by Modern Round. To the extent the invoiced amounts are more than the Monthly Expense (the “Shortfall”), then Modern Round shall pay to VirTra the Shortfall, so long as Modern Round approved or does approve the expenses, within fifteen (15) calendar days after receiving each such monthly invoice, along with the subsequent month’s Monthly Expense when due. The Parties agree that the prior written approval of Modern Round is required before Modern Round is obligated to pay to VirTra any Shortfall that is more than 10% percent of the corresponding month’s Monthly Expense.

Reconciliation Process. The process for tracking in-state incidents for all Parties to this Agreement for the purpose of issuing one annual billing to the paying Party.

Reconciliation Process. State and Federal agencies agree to consolidate billing and minimum balances. All [state] costs of fires occurring in and out of [state], regardless of jurisdictional boundary, will be compiled based on each agencies’ costs. A reconciliation balance sheet will be developed and billed as one consolidated amount. This cost tracking method will reduce actual payments and ensure that a fair division of suppression costs can be made between the federal agencies and the state in a timely fashion. Agency and cooperator costs are identified by fire number and code and tracked on an annual balance sheet. Federal balance sheets (and State balance sheets depending on funding laws) must align with a single fiscal year. A final division of cost responsibilities based on jurisdiction, minimum thresholds and cost share agreements will be negotiated by [mmdd] of each year. Minimum Billing Threshold is [$XX – insert agreed upon amount] and applies to all fires included in this process. It does not apply to out-of-state responses. The minimum threshold does not apply to costs for cooperating fire departments under a separate agreement with the state when working outside their jurisdictional boundary or requested by a resource order for extended attack. The [agency] will be responsible for managing the balance sheet which includes all agencies’ costs and cost share information. Actual costs are tracked by each agency for each incident. Agency actual costs are subject to audit procedures identified in item #, Audit Procedures. The balance sheet is verified but may be disputed based on the cost share allocation, severability of costs and actual costs submitted for each fire. The balance sheet will result in a final settlement between all parties and one transfer of funds is required to reconcile the fire season, unless a request is submitted to complete reconciliation prior to the end of fire season, at which point a settlement will be done for expenses to the requested date. Billing Time Frames for reconciliation process: Agencies will submit invoices within 30 days of final reconciliation. Requests for extensions beyond 30 days for invoice submittal must be presented in writing to the reimbursing agency. Operating plans will include contact information for written requests for extensions. Federal Xxxxxxxx by Incident: There are not xxxxxxxx between the Federal wildland fire agencies, pursuant to the Master Interagency Agreement for Wildland Fire Management. Federal Agencies ...

Reconciliation Process. Not applicable

Reconciliation Process. State and federal agencies agree to consolidate billing and minimum balances. N/A Billing Time Frames for Reconciliation Process: Agencies will submit invoices within 30 days of final reconciliation. Requests for extensions beyond 30 days for invoice submittal must be 2. Incident by Incident Process Federal Xxxxxxxx by Incident: There are not xxxxxxxx between the Federal wildland fire agencies, pursuant to the Master Interagency Agreement for Wildland Fire Management. Federal Agencies will submit bills for their reimbursable costs to the State whenever Oregon Department of Forestry is the Protecting Agency and a billing is appropriate. Federal Agencies will submit bills for their reimbursable costs to the FPA whenever a Forest Protective Agency is the Protecting Agency and a billing is appropriate.

Reconciliation Process. In circumstances where the Recalculated Standard Cost exceeds the Allowable Standard Cost, ALLERGAN will give a credit to GSK to be used against the royalty payable under the License Agreement in an amount equal to the difference between (A) the Recalculated Standard Cost plus *** and (B) the Allowable Standard Costs plus***, multiplied by the number of Units purchased by GSK during the given year. A working example of this reconciliation process is set forth in Exhibit G.