Annual Reconciliation definition
Annual Reconciliation means the Servicer's annual process of reconciling Actual Environmental Control Charge Collections with Estimated Environmental Control Charge Collections in accordance with Section 5.11(d) of the Servicing Agreement.
Annual Reconciliation means the regulatory filing done annually to determine the Last Resort/Power Supply, Transmission and Net Metering Rate.
Annual Reconciliation means a determination pursuant to § 489.145(5)(e), Florida Statutes, and Section 5.3 of this Agreement, as to whether a shortfall in annual Cost Savings or an excess in annual Cost Savings exists based on the provisions of Honeywell’s written savings guarantee reflected in Schedule C (Savings Guarantee) with savings calculated according to Schedule F (Savings Calculation Formula).
Examples of Annual Reconciliation in a sentence
If the Annual Reconciliation reflects that Tenant overpaid the Percentage Rent actually due for such Calendar Year, then Tenant may deduct the amount of such overpayment from future quarterly payments of Percentage Rent (and in the last year of the Term, Landlord shall refund Tenant the overpayment within sixty (60) days after expiration of the Term).
Within one hundred twenty (120) days after the end of each Calendar Year, Tenant shall submit to Landlord a statement signed by and officer of Tenant, showing accurately and in reasonable detail the full amount of Tenant’s Gross Revenue during the immediately preceding calendar year and the total Percentage Rent that should have been paid for such calendar year (the "Annual Reconciliation").
More Definitions of Annual Reconciliation
Annual Reconciliation. Within one hundred fifty (150) days after the end of each calendar year during the Term, or as soon as reasonably practicable thereafter, Landlord shall provide Tenant a statement showing the Operating Expenses and Taxes for said calendar year, prepared in accordance with generally accepted accounting practices consistently applied from year to year, and a statement prepared by Landlord comparing Estimated Additional Rent paid by Tenant with actual Additional Rent. If the Estimated Additional Rent paid by ▇▇▇▇▇▇, if any, exceeds the actual Additional Rent for said calendar year, Landlord shall pay Tenant an amount equal to such excess if any, by direct payment to Tenant within thirty (30) days of the date of such statement. If the actual Additional Rent exceeds Estimated Additional Rent for said calendar year, Tenant shall pay the difference to Landlord within thirty (30) days of receipt of the statement. The provisions of this paragraph shall survive the expiration or termination of this Lease Agreement. Any amount due to the Landlord as shown on ▇▇▇▇▇▇▇▇’s statement described above, whether or not disputed by ▇▇▇▇▇▇ as provided herein shall be paid by Tenant when due as provided above, without prejudice to any subsequent written exception made pursuant to Section 6.I. The Base Rent, Additional Rent and all other sums of money that become due and payable under this Lease Agreement shall collectively be referred to herein as “Rent”.
Annual Reconciliation. A reconciliation prepared in accordance with Clause 19
Annual Reconciliation means a summary and comparison conducted by NYSERDA of City’s Forecast Electric Load and Metered Electric Load for the previous calendar year, which will set forth the variance between the projected and actual usage for each month.
Annual Reconciliation means the regulatory filing done annually to determine the Standard Offer, Transmission and Net Metering Rate.
Annual Reconciliation means a determination pursuant to Section 4, as to whether a shortfall in annual energy cost savings or an excess in annual energy cost savings exists based on the provisions of Company’s written energy savings guarantee reflected in Schedule C (Energy Savings Guarantee) with savings calculated according to Schedule F (Savings Calculation Formula).
Annual Reconciliation means the meaning ascribed to it in Section 13.13(g). “Annual Revenue Sharing Amount” has the meaning ascribed to it in Section 13.13(g).
Annual Reconciliation means the regulatory filing done annually to determine the Standard