True-Up Process Sample Clauses

True-Up Process. If Licensee is using more than the number of licenses Licensee has purchased, Licensee shall pay Ivanti for such additional licenses no later than thirty (30) days following written notice/quote from Ivanti, with such fees being the license fees as per this MLA.
Sample 1
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True-Up Process. Per Table B below, for each “True-Up Period”, an all-Products true-up will be prepared to ensure each party receives their contractual margin share of the actual Available Margin. The true-up process will result in a payment due from either party, depending on which party has received excess Available Margin for the True-Up Period. True-ups will be determined every six months. The first true-up will be based on a stub period consisting of results from the first day of this Agreement to September 30, 2016. Table B below provides the true-up periods and Available Margin shares. Table B True-Up Period True-up Completed Available Margin Split Sekisui/Qualigen 5/1/2016 - 9/30/2016 10/5/2016 90% / 10% 10/1/2016 - 3/31/2017 4/5/2017 90% / 10% 4/1/2017 - 9/30/2017 10/4/2017 90% Apr, 70% May - Sep / 10% Apr, 30% May - Sep 10/1/2017 - 3/31/2018 4/4/2018 70% / 30% 4/1/2018 - 9/30/2018 10/3/2018 70% Apr, 65% May - Sep / 30% Apr, 35% May - Sep 10/1/2018 - 3/31/2019 4/3/2019 65% / 35% 4/1/2019 - 9/30/2019 10/3/2019 65% / 35% 10/1/2019 - 3/31/2020 4/4/2020 65% / 35% 4/1/2020 - 9/30/2020 10/3/2020 65% / 35% 10/1/2020 - 3/31/2021 4/3/2021 65% / 35% Sekisui and Qualigen jointly have the responsibility to review and approve each true-up calculation. The process follows the following steps:
Sample 1
True-Up Process. (i) On June 1, 2020, the Company shall deliver to HCPCI a report (the “Preliminary UPR True Up Report”) identifying
Sample 1
True-Up Process. 1) Forty-five (45) days following the end of each fiscal year of the Term, City and Manager shall audit the budgeted Aquatic Center expenses and Aquatic Center Expenses. To the extent the Aquatic Center Expenses exceed the budgeted Aquatic Center expenses (“Expense Overage”), Manager’s Management Fee shall be reduced by 50% of the Expense Overage. If the Manager’s portion of the Expense Overage exceeds the Retention Funds, Manager shall pay the City an amount equal to the Manager’s portion of the remaining Expense Overage.
Sample 1
True-Up Process. Within sixty (60) days after LANDesk requests an Authorized User take an inventory of the LANDesk Product in use by the Authorized User, the Authorized User shall respond back to LANDesk with the requested information. If the quantity of LANDesk Product in use exceeds the quantity licensed and paid for by Authorized User, Authorized User will submit an order for such increased use (a “True-Up”). If, however, during any fiscal year Authorized User deploys additional LANDesk Product in an amount equal to or greater than twenty-five percent (25%) of the total of Authorized User’s previously licensed LANDesk Product, as determined at the beginning of such fiscal year, Authorized User will conduct a True-Up within sixty (60) days after the end of the fiscal quarter in which such deployment occurs.
Sample 1

Related to True-Up Process

  • Sale Process If a Non-Economic Facility is marketed for sale in accordance with Section 5.02 and Manager receives an offer therefor which it wishes to accept on behalf of the relevant TRS and Owner, Manager shall give the relevant TRS prompt notice thereof, which notice shall include a copy of the offer and any other information reasonably requested by such TRS. If the relevant TRS, on behalf of the relevant Owner, shall fail to accept or reject such offer within seven (7) Business Days after receipt of such notice and other information from Manager, such offer shall be deemed to be accepted. If the offer is rejected by the relevant TRS on behalf of the relevant Owner, and if Manager elects to continue marketing the Non-Economic Facility by providing written notice to the relevant TRS within seven (7) days of such rejection and Manager does not obtain another offer within ninety (90) days that is accepted by the relevant TRS, the Non-Economic Facility shall be deemed to have been sold to the relevant TRS on the date, at the price and on such other terms contained in the offer. If a Non-Economic Facility is sold to a third party or deemed to have been sold to the relevant Owner pursuant to such offer, effective as of the date of sale or deemed sale: (i) the Management Agreement shall terminate with respect to such Non-Economic Facility; (ii) Aggregate Invested Capital shall be reduced by an amount equal to the net proceeds of sale after reduction for the costs and expenses of the relevant TRS, the relevant Owner and/or Manager (or, in the case of a deemed sale, the net proceeds of sale determined by reference to such offer, after reduction for any amounts actually expended and any amounts which would reasonably have been expected to have been expended if the sale had been consummated by the relevant TRS, the relevant Owner and/or Manager). If the reduction in Aggregate Invested Capital is less than the Invested Capital of the Non-Economic Facility sold or deemed to have been sold, the difference shall be proportionately reallocated to the Invested Capital of the remaining Facilities.

  • Selection Process The Mortgage Loans were selected from among the outstanding one- to four-family mortgage loans in the Seller's portfolio at the related Closing Date as to which the representations and warranties set forth in Subsection 9.02 could be made and such selection was not made in a manner so as to affect adversely the interests of the Purchaser;

  • Approval Process Tenant shall notify Landlord whether it approves of the submitted working drawings within three business days after Landlord’s submission thereof. If Tenant disapproves of such working drawings, then Tenant shall notify Landlord thereof specifying in reasonable detail the reasons for such disapproval, in which case Landlord shall, within five business days after such notice, revise such working drawings in accordance with Tenant’s objections and submit the revised working drawings to Tenant for its review and approval. Tenant shall notify Landlord in writing whether it approves of the resubmitted working drawings within one business day after its receipt thereof. This process shall be repeated until the working drawings have been finally approved by Landlord and Tenant. If Tenant fails to notify Landlord that it disapproves of the initial working drawings within three business days (or, in the case of resubmitted working drawings, within one business day) after the submission thereof, then Tenant shall be deemed to have approved the working drawings in question. Any delay caused by Tenant’s unreasonable withholding of its consent or delay in giving its written approval as to such working drawings shall constitute a Tenant Delay Day (defined below). If the working drawings are not fully approved (or deemed approved) by both Landlord and Tenant by the 15th business day after the delivery of the initial draft thereof to Tenant, then each day after such time period that such working drawings are not fully approved (or deemed approved) by both Landlord and Tenant shall constitute a Tenant Delay Day.

  • Process a. The grievance shall be referred to one of the following arbitrators:

  • Alternative Process Nothing herein shall in any way be deemed to limit the ability of the Lenders to serve any such process or summonses in any other manner permitted by applicable law.

  • Venue; Process The parties to this Agreement agree that jurisdiction and venue in any action brought pursuant to this Agreement to enforce its terms or otherwise with respect to the relationships between the parties shall properly lie in the Circuit Court of the Twentieth Judicial Circuit of the State of Florida in and for Xxx County or in the United States District Court for the Middle District of Florida, Tampa Division. Such jurisdiction and venue are merely permissive; jurisdiction and venue shall also continue to lie in any court where jurisdiction and venue would otherwise be proper. The parties agree that they will not object that any action commenced in the foregoing jurisdictions is commenced in a forum non conveniens. The parties further agree that the mailing by certified or registered mail, return receipt requested, of any process required by any such court shall constitute valid and lawful service of process against them, without the necessity for service by any other means provided by statute or rule of court.

  • SERVICE LEVEL DESCRIPTION The Fund Accounting Agreement is hereby amended by deleting the Service Level Description attached thereto and replacing it in its entirety with the Service Level Description attached hereto.

  • Order Processing Any order by you for the purchase of shares of the respective Funds through us shall be accepted at the time when it is received by us (or any clearing house agency that we may designate from time to time), and at the offering and sale price next determined, unless rejected by us or the respective Funds. In addition to the right to reject any order, the Funds have reserved the right to withhold shares from sale temporarily or permanently. We will not accept any order from you that is placed on a conditional basis or subject to any delay or contingency prior to execution. The procedures relating to the handling of orders shall be subject to instructions that we shall forward from time to time to all members of the Selling Group. The shares purchased will be issued by the respective Funds only against receipt of the purchase price, in collected New York or Los Angeles Clearing House funds subject to deduction of all concessions on such sale (reallowance of any concessions to which you are entitled on purchases at net asset value will be paid through our direct purchase concession system). If payment for the shares purchased is not received within three days after the date of confirmation the sale may be cancelled forthwith, by us or by the respective Funds, without any responsibility or liability on our part or on the part of the Funds, and we and/or the respective Funds may hold you responsible for any loss, expense, liability or damage, including loss of profit suffered by us and/or the respective Funds, resulting from your delay or failure to make payment as aforesaid.

  • Legal Process If any legal action, such as a levy, garnishment, or attachment, is brought against your account, the Credit Union may refuse to pay out any money from your account until the dispute is resolved. If the Credit Union incurs any expenses or attorney fees in responding to legal process, such expenses may be charged against your account without prior notice to you, unless prohibited by law. Any legal process against your account is subject to the Credit Union's lien and security interest.

  • Service Level In the event that League InfoSight discovers or is notified by you of the existence of Non-Scheduled Downtime, we will use commercially reasonable efforts to determine the source of the problem and attempt to resolve it as quickly as possible.

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