Reversal of Billing Harvest Sample Clauses

Reversal of Billing Harvest. The Billing Harvest is defined as the set of all overdue bills, as specified in Items 2.1.1 and 3.0, forwarded by the CONTRACTING PARTY and inloaded by the CONTRACTED PARTY, whose due dates refer to a specific billing month of the CONTRACTING PARTY. - The CONTRACTING PARTY will remunerate the CONTRACTED PARTY at 0.94% (zero point nine four per cent) of the amounts recovered on the bills forwarded by the CONTRACTING PARTY for collection by the CONTRACTED PARTY. - The annual target set for the CONTRACTED PARTY is 88.0% (eighty eight per cent) of the reversal of the bills paid up to 90 (ninety) consecutive days in arrears on the amount to be collected through the Billing Harvest (called the "roll-over fee"). This percentage is broken out each month as agreed between the Parties. Depending on the collections performance in terms of this target for the "roll-over fee" (88.0%), the remuneration of the CONTRACTED PARTY will increase or decrease as described below: The CONTRACTING PARTY will pay additional remuneration consisting of 0.25% (zero point two five per cent) for each 0.88% (zero point eight eight per cent) over the percentage target of the "roll-over fee" agreed to between the Parties (88.0%). The same will occur for the remuneration reduction indicator, using a percentage of 0.08% (zero point zero eight per cent) for each 0.88% (zero point eight eight per cent) that the CONTRACTED PARTY performs below target (88.0%). - There is also a step-up or step-down for the basic monthly amount of the Billing Harvest of R$ 420 million (four hundred and twenty million Reais) in collections. For a variation of more than 1% (one per cent) of this volume, 0.025% (zero point zero two five per cent) will be added to the basic remuneration rate. For a variation in volumes of less than 1% (one per cent), the basic remuneration rate will be reduced by 0.025% (zero point zero two five per cent). The threshold for the Billing Harvest value is R$ 400 million (four hundred million Reais), with no remuneration reduction index above this volume.
Sample 1
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Related to Reversal of Billing Harvest

  • Reversal of Payments To the extent the Borrower makes a payment or payments to the Administrative Agent for the ratable benefit of the Lenders or the Administrative Agent receives any payment or proceeds of the collateral which payments or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee, receiver or any other party under any bankruptcy law, state or federal law, common law or equitable cause, then, to the extent of such payment or proceeds repaid, the Obligations or part thereof intended to be satisfied shall be revived and continued in full force and effect as if such payment or proceeds had not been received by the Administrative Agent.

  • Apportionment, Application and Reversal of Payments Principal and interest payments shall be apportioned ratably among the Lenders (according to the unpaid principal balance of the Loans to which such payments relate held by each Lender) and payments of the fees shall, as applicable, be apportioned ratably among the Lenders. All payments shall be remitted to the Agent and all such payments not relating to principal or interest of specific Loans, or not constituting payment of specific fees, and all proceeds of Accounts or other Collateral received by the Agent, shall be applied, ratably, subject to the provisions of this Agreement, first, to pay any fees, indemnities or expense reimbursements then due to the Agent from the Borrower; second, to pay any fees or expense reimbursements then due to the Lenders from the Borrower; third, to pay interest due in respect of all Revolving Loans, including Non-Ratable Loans and Protective Advances; fourth, to pay or prepay principal of the Non-Ratable Loans and Protective Advances; fifth, to pay or prepay principal of the Revolving Loans (other than Non-Ratable Loans and Protective Advances) and sixth, to the payment of any other Obligation including any amounts relating to Bank Products due to the Agent or any Lender or any of their Affiliates by the Borrower. Notwithstanding anything to the contrary contained in this Agreement, unless so directed by the Borrower, or unless an Event of Default has occurred and is continuing, neither the Agent nor any Lender shall apply any payments which it receives to any LIBOR Revolving Loan, except (a) on the expiration date of the Interest Period applicable to any such LIBOR Rate Loan, or (b) in the event, and only to the extent, that there are no outstanding Base Rate Revolving Loans. The Agent shall promptly distribute to each Lender, pursuant to the applicable wire transfer instructions received from each Lender in writing, such funds as it may be entitled to receive, subject to a Settlement delay as provided for in Section 2.2(j). The Agent and the Lenders shall have the continuing and exclusive right to apply and reverse and reapply any and all such proceeds and payments to any portion of the Obligations.

  • Reversals In the event that the Receiver purchases an Asset (and assumes the Related Liability) that it is not required to purchase pursuant to this Section 3.4, the Assuming Institution shall repurchase such Asset (and assume such Related Liability) from the Receiver at a price computed so as to achieve the same economic result as would apply if the Receiver had never purchased such Asset pursuant to this Section 3.4.

  • Unamplified MD [ 2/1/2002 - lambda [...***...] on-site 105829 * [...***...]. TEC Amplified - 169_I [...***...] 2/1/2002 lambda [...***...] off-site 08 * [...***...]. Library Amplified - Cold [...***...] 2/1/2002 lambda [...***...] on-site Room * [...***...]. Amplified - MD [...***...] 2/1/2002 lambda [...***...] on-site 105829 * [...***...]. TEC Excised - 169_I [...***...] 2/1/2002 phagemid [...***...] off-site 08 * [...***...]. Library Excised - Cold [...***...] 2/1/2002 phagemid [...***...] on-site Room * [...***...]. Excised - MD [...***...] 2/1/2002 phagemid [...***...] on-site 105829 * [...***...]. Lambda TEC DNA - 169_I [...***...] 2/1/2002 lambda [...***...] off-site 08 * [...***...]. Lambda Library DNA - Cold [...***...] 2/1/2002 lambda [...***...] on-site Room * [...***...]. Lambda DNA - MD [...***...] 2/1/2002 lambda [...***...] on-site 105829 * [...***...]. TEC Unamplified 169_I [...***...] 2/1/2002 - lambda [...***...] off-site 08 * [...***...]. Library Unamplified Cold [...***...] 2/1/2002 - lambda [...***...] on-site Room * [...***...].

  • Reversal of redistribution If any part of the Sharing Payment received or recovered by a Recovering Finance Party becomes repayable and is repaid by that Recovering Finance Party, then:

  • Chargebacks 8.1 Neither Member nor Servicer is obligated to accept any Sales Record which does not comply in all respects with the applicable Operating Regulations. Neither Member nor Servicer shall assert additional requirement(s) to the applicable Operating Regulations with respect to any Sales Record; provided, however, this provision shall not limit the right of Member or Servicer to require delivery of the data in an acceptable Settlement File.

  • HORIZONR Gateway HORIZONR Gateway provides customers with the ability to (i) generate reports using information maintained on the Multicurrency HORIZONR Accounting System which may be viewed or printed at the customer’s location; (ii) extract and download data from the Multicurrency HORIZONR Accounting System; and (iii) access previous day and historical data. The following information which may be accessed for these purposes: 1) holdings; 2) holdings pricing; 3) transactions, 4) open trades; 5) income; 6) general ledger and 7) cash.

  • Statements of Reconciliation after Change in Accounting Principles If, as a result of any change in accounting principles and policies from those used in the preparation of the Historical Financial Statements, the consolidated financial statements of Holdings and its Subsidiaries delivered pursuant to Section 5.1(b) or 5.1(c) will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such subdivisions had no such change in accounting principles and policies been made, then, together with the first delivery of such financial statements after such change, one or more statements of reconciliation for all such prior financial statements in form and substance satisfactory to Administrative Agent;

  • Return or Disposal of Issuer PII Except where return or disposal is prohibited by applicable law, promptly on the earlier of the completion of the Review or the request of the Issuer, all Issuer PII in any medium in the Asset Representations Reviewer’s possession or under its control will be (i) destroyed in a manner that prevents its recovery or restoration or (ii) if so directed by the Issuer, returned to the Issuer without the Asset Representations Reviewer retaining any actual or recoverable copies, in both cases, without charge to the Issuer. Where the Asset Representations Reviewer retains Issuer PII, the Asset Representations Reviewer will limit the Asset Representations Reviewer’s further use or disclosure of Issuer PII to that required by applicable law.

  • Identification of Subject Receivables Within ten (10) Business Days after receipt of a review notice, the Servicer will deliver to the Asset Representations Reviewer a list of the Subject Receivables.

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