Valuation Date Statement Sample Clauses

Valuation Date Statement. 10 3.4 Payments on the Closing Date............................11 3.5
Sample 1
AutoNDA by SimpleDocs
Valuation Date Statement. (a) (i) Bankrupt Accounts. Purchaser shall receive a masterfile tape of Accounts as of May 21, 1999. Purchaser shall deliver the masterfile tape of Accounts to a bankruptcy database of Purchaser's choice for a match using primary cardholder name and social security number, and will ensure that results of the match are provided to both Purchaser and Seller. Any Account that matches to the database if the filing date occurred after the Account open date and before the Cut-Off Time shall be considered an Excluded Account for purposes of calculating the Purchase Price and will be included in the Valuation Date Statement. Purchaser shall receive another masterfile tape of Accounts as of the Cut-Off Time. Purchaser shall deliver the masterfile tape of Accounts to a bankruptcy database of Purchaser's choice for a match using primary cardholder name and social security number, and will ensure that results of the match are provided to both Purchaser and Seller. Any Account that matches to the database if the filing date occurred after the Account open date and before the Cut-Off Time shall be an Excluded Account. Any Account identified through this match that was not included in the Valuation Date Statement shall be included as an adjustment in the Settlement Date Statement. The expenses relating to the database matching under this Section 3.3(a)(i) shall be borne by Purchaser.
Sample 1
Valuation Date Statement. Servicer shall use its reasonable best efforts to deliver to Purchaser the Valuation Date Statement, along with the appropriate reports and other supporting calculations, as soon as possible after the Valuation Date. Seller shall have the right to review the Valuation Date Statement, together with any supporting documents reasonably requested by Purchaser to verify the accuracy and completeness of the valuations set forth therein and the Valuation Date Statement shall be revised by Servicer to reflect any corrections agreed to by Servicer and Seller.
Sample 1
Valuation Date Statement. Not later than 10 Business Days prior to the Closing Date (the "Preliminary Valuation Date"), FNANB shall deliver to Purchaser the Preliminary Valuation Date Statement, along with sufficient reports and other supporting calculations so as to verify the calculations set forth in the Valuation Date Statement including the Master File tape and the Master File extension record, calculated as of the Preliminary Valuation Date. Purchaser shall have the right to review the Preliminary Valuation Date Statement, together with any supporting documents reasonably requested by Purchaser to verify the accuracy and completeness of the computations set forth therein, and the Preliminary Valuation Date Statement shall be revised to reflect any mutually agreed to modifications thereto by Purchaser and FNANB. Not later than three Business Days prior to the Closing Date (the "Subsequent Valuation Date"), FNANB shall deliver to Purchaser the Subsequent Valuation Date Statement, along with sufficient reports and other supporting calculations so as to verify the calculations set forth in the Subsequent Valuation Date Statement, including the Master File Tape and the Master File extension record, calculated as of the Subsequent Valuation Date. In the event that the Subsequent Valuation Date Statement deviates from the Preliminary Valuation Date Statement by less than five percent, then the Closing shall occur based on the Subsequent Valuation Date Statement. In the event that the Subsequent Valuation Date Statement deviates from the Preliminary Valuation Date Statement by more than five percent, then the Parties shall attempt in good faith to resolve any such deviation. If FNANB and Purchaser are unable to reach an agreement as to such deviation on or prior to the day prior to the Closing, the Closing shall occur based on the lesser of the Preliminary Valuation Date Statement and the Subsequent Valuation Date Statement and the dispute shall be resolved and the Subsequent Valuation Date Statement shall be determined by the Accountants in accordance with Section 4.04.
Sample 1
Valuation Date Statement. Within 30 days following the Valuation Date, Buyer will prepare and deliver to Seller for its review and approval a statement (the "Valuation Date Statement") setting forth the Final Purchase Price taking into account the Net RMR with respect to the Acquired Accounts and providing reasonable detail with respect to the various components thereof.
Sample 1
Valuation Date Statement. Seller shall deliver to Purchaser and CompuCredit the Valuation Date Statement, along with the appropriate reports and other supporting calculations to verify the numbers set forth in the Valuation Date Statement, no later than three (3) Business Days prior to the Closing Date. Purchaser and CompuCredit shall have the right to review the Valuation Date Statement, together with any supporting documents reasonably requested by Purchaser or CompuCredit to verify the accuracy and completeness of the valuations set forth therein, and the Valuation Date Statement shall be revised by Seller to reflect any corrections agreed to by Purchaser, CompuCredit and Seller.
Sample 1
Valuation Date Statement. Seller shall use its reasonable best efforts to deliver to Purchaser the Valuation Date Statement, along with the appropriate reports and other supporting calculations, as soon as possible after the Valuation Date. Purchaser shall have the right to review the Valuation Date Statement, together with any supporting documents reasonably requested by Purchaser to verify the accuracy and completeness of the valuations set forth therein and the Valuation Date Statement shall be revised by Seller to reflect any corrections agreed to by Purchaser and Seller.
Sample 1
AutoNDA by SimpleDocs

Related to Valuation Date Statement

  • Termination Date Determination Seller will not designate the Termination Date (as defined in the Receivables Sale Agreement), or send any written notice to Originator in respect thereof, without the prior written consent of the Agent, except with respect to the occurrence of such Termination Date arising pursuant to Section 5.1(d) of the Receivables Sale Agreement.

  • Monthly Statement The Contractor shall submit a statement to the Engineer at the end of each month, in a tabulated form approved by the Engineer, showing the amounts to which the Contractor considers himself to be entitled. The statement shall include the following items, as applicable; - the value of the Permanent Work executed up to the end of previous month - such an amount (not exceeding 75 percent of the value) as the Engineer may consider proper on account of materials for permanent work delivered by the Contractor in the site - such amount as the Engineer may consider fair and reasonable for any Temporary Works for which separate amounts are provided in the Bill of Quantities - adjustments under Clause 70 - any amount to be withheld under retention provisions of Sub-clause 60.3 - any other sum to which the Contractor may be entitled under the Contract If the Engineer disagrees with or cannot verify any part of the statement, the Contractor shall submit such further information as the Engineer may reasonably require and shall make such changes and corrections in the statement as may be directed by the Engineer. In cases where there is difference in opinion as to the value of any item, the Engineer’s view shall prevail.

  • Valuation Date The value of the Collateral shall be determined on the date of the Buy-In (or the payment made pursuant to Section 6.2 below).

  • 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.

  • Determination Date The Business Day immediately preceding the related Remittance Date.

  • SUBMISSION OF THE MONTHLY MI REPORT 4.1 The completed MI Report shall be completed electronically and returned to the Authority by uploading the electronic MI Report computer file to MISO in accordance with the instructions provided in MISO. 4.2 The Authority reserves the right (acting reasonably) to specify that the MI Report be submitted by the Supplier using an alternative communication to that specified in paragraph 4.1 above such as email. The Supplier agrees to comply with any such instructions provided they do not materially increase the burden on the Supplier.

  • Payment Calculation District shall pay Contractor at a rate of $ per . District shall pay Contractor as described in attached Exhibit A

  • Monthly Report A. A Monthly Report shall be submitted within ten (10) calendar days of the end of each calendar month of the Period of Operation. Each Monthly Report shall be signed, dated, and certified by Concessionaire, Concessionaire’s Bookkeeper, or Accountant, and contain a Statement of Total Gross Receipts, excluding New Jersey State Sales Tax, derived by Concessionaire from operation of the Concession during the previous month. Each Monthly Report shall be based on the daily “Z” tapes or Point-of-Service (POS) device equivalent for that same month showing each day’s sales activity. Failure on the part of Concessionaire to provide the Monthly Report, when due, shall constitute a material breach of this Agreement subject to Suspension of Operations and/or Termination, in accordance with the terms and conditions set forth in Paragraphs 9 and 10. Concessionaire shall provide Department with any additional written clarification and/or information necessary to confirm the accuracy of any or all of Concessionaire’s Monthly Reports. B. The signed, dated and certified Monthly Report must be submitted, in the Department- approved format, within ten (10) calendar days of the end of each calendar month of the Period of Operation.

  • Settlement Statement A settlement statement setting forth the amounts paid by or on behalf of and/or credited to each of Purchaser and Seller pursuant to this Agreement;

  • Final Statement Not later than 56 days after the issue of the Defects Liability Certificate pursuant to Sub-Clause 62.1, the Contractor shall submit to the Engineer for consideration a draft final statement with supporting documents showing in detail, in the form approved by the Engineer; The final value of all work done in accordance with the Contract; Any further sums which the Contractor considers to be due to him. If the Engineer disagrees with or cannot verify any part of the draft final statement, the Contractor shall submit such further information as the Engineer may reasonable require and shall make such changes in the draft as may be required. SUBCLAUSE 60.7– DISCHARGE Upon submission of the Final Statement, the Contractor shall give to the Employer, with a copy to the Engineer, a written discharge confirming that the total of the Final statement represents full and final settlement of all monies due to the Contractor arising out of or in respect of the Contract. Provided that such discharge shall become effective only after payment under the Final Payment Certificate issued pursuant to Sub-Clause 60.8 has been made and the Performance Security referred to in Sub-Clause 10.1 has been returned to the Contractor. SUBCLAUSE 60.8 – FINAL PAYMENT CERTIFICATE Upon acceptance of the Final Statement as given in Sub-Clause 60.6, the Engineer shall prepare a Final Payment Certificate which shall be delivered to the Contractor's authorized agent or representative for his signature. The Final Payment Certificate shall state: The final value of all work done in accordance with the Contract; After giving credit to the Employer for all amounts previously paid by the Employer, the balance, if any, due from the Employer to the Contractor or the Contractor to the Employer. Final Certificate shall be issued for any sum due to the Contractor even if such is less than the sum named in the Appendix to the Form of BID. SUBCLAUSE 60.9– CESSATION OF EMPLOYERS LIABILITY unless the Contractor notifies the Engineer of his objection to the Final Certificate within fourteen days of delivery thereof he shall be deemed to have agreed that he accepts the total Contract Price as set out in the Final Certificate as full settlement for all Work Done under the Contract including any variations and omissions thereof but excluding any variations and claims previously made in writing. SUBCLAUSE 60.10 – TIME FOR PAYMENT The amount due to the Contractor under any Interim Payment Certificate or Final Payment Certificate issued pursuant to this Clause or to any other term of the Contract, shall, subject to Clause 47, be paid by the Employer to the Contractor as follows:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!