Routine Quarterly True-Up Adjustments Sample Clauses

Routine Quarterly True-Up Adjustments. If the Issuance -------------------------------------- Advice Letter with respect to a Series of Notes provides that the Servicer will file Routine Quarterly True-Up Mechanism Advice Letters, then the Servicer shall make such filings in accordance with the procedures set forth in Annex II hereto. On each Series Issuance Date, the Servicer and the Note Issuer shall amend Annex II to specify in detail the Servicer's obligations to perform routine quarterly True-Up Adjustments, if any, with respect to the new Series of Notes issued on such Series Issuance Date.
Sample 1See All (5)
AutoNDA by SimpleDocs
Routine Quarterly True-Up Adjustments. (1) On or before each Quarterly Administrative Date, the Servicer shall calculate the Variance between the Adjusted Principal Balance and the Projected Principal Balance as of the next succeeding Payment Date (each such calculation, a "Quarterly Comparison").
Sample 1Sample 2Sample 3
Routine Quarterly True-Up Adjustments. (1) The Servicer may file Routine Quarterly True-Up Mechanism Advice Letters. Except as provided in Sections 4.01(b)(ii)(2) and 4.01(b)(ii)(3), the Servicer shall not be obligated to file Routine Quarterly True-Up Mechanism Advice Letters.
Sample 1
Routine Quarterly True-Up Adjustments. (a) The Servicer -------------------------------------- shall not perform any routine quarterly True-Up Adjustments for the PG&E Funding LLC Notes, Series 1997-1. SCHEDULE 6.01(f) No Proceedings --------------
Sample 1
Routine Quarterly True-Up Adjustments. (i) During the first fourteen days of the last month of each of the first three Quarters of each calendar year, the Servicer shall determine whether: (A) the balance in the Collection Account (excluding the General Subaccount) is less than the Required Capital Level as of the next Payment Date, and (B) the actual aggregate energy usage volume by Customers during the immediately preceding three calendar months is at least three percent lower than the aggregate energy usage volume by Customers that the Servicer assumed for purposes of Section 4.01(b)
Sample 1
Routine Quarterly True-Up Adjustments. (a) The Servicer -------------------------------------- shall not perform any routine quarterly True-Up Adjustments for the SCE Funding LLC Notes, Series 1997-1.
Sample 1

Related to Routine Quarterly True-Up Adjustments

  • Business Day Adjustment If the day by which a payment is due to be made is not a Business Day, that payment shall be made by the next succeeding Business Day unless that next succeeding Business Day falls in a different calendar month, in which case that payment shall be made by the Business Day immediately preceding the day by which such payment is due to be made.

  • Payment and Year-End Adjustment Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense Limit.

  • True-Up Adjustments From time to time, until the Retirement of the Recovery Bonds, the Servicer shall identify the need for True-Up Adjustments and shall take all reasonable action to obtain and implement such True-Up Adjustments, all in accordance with the following:

  • Year-End Adjustment If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment advisory fees waived or reduced and other payments remitted by the Adviser to the Fund or Funds with respect to the previous fiscal year shall equal the Excess Amount.

  • End of Fiscal Years; Fiscal Quarters The Borrower will cause (i) each of its fiscal years to end on December 31 of each year and (ii) its fiscal quarters to end on March 31, June 30, September 30 and December 31, respectively, of each year.

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution.

  • Annual Adjustment At the end of each Fiscal Year and following receipt by Manager of the annual accounting referred to in Article 10, an adjustment will be made to such annual account, if necessary and if available, so that the appropriate amount shall have been deposited in the Reserve.

  • Fiscal Year; Fiscal Quarter The Borrower shall not change its fiscal year or any of its fiscal quarters, without the Administrative Agent’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed.

  • Determination Date Calculations; Application of Available Funds (a) On each Determination Date, the Servicer shall calculate the following amounts:

  • Annual Adjustments Base Rent shall be increased on each annual anniversary of the first day of the first full month during the Term of this Lease (each an “Adjustment Date”) by multiplying the Base Rent payable immediately before such Adjustment Date by the Rent Adjustment Percentage and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date. Base Rent, as so adjusted, shall thereafter be due as provided herein. Base Rent adjustments for any fractional calendar month shall be prorated.

Time is Money Join Law Insider Premium to draft better contracts faster.