Annual settlement definition

Annual settlement means the settlement of accounts between the Company and FCIC for the reinsurance year, beginning with the October monthly transaction cutoff date following the end of the subsequent reinsurance year and continuing monthly thereafter, as necessary.

Annual settlement. For each calendar year, Landlord will deliver to Tenant a statement of amounts payable under Clause 7.1. Such statement will be final and binding upon Tenant unless Tenant objects in writing to Landlord within thirty (30) days after the statement is given to Tenant, provided Tenant is not in default. If such statement shows an amount owing by Tenant that is less than the estimated payments previously made by Tenant for such calendar year, the excess will be refunded by Landlord. If such statement shows an amount owing by Tenant that is more than the estimated payments previously made by Tenant for such calendar year, Tenant will pay the deficiency to Landlord within thirty (30) days after the delivery of such statement.

Annual settlement means the process of issuing an Annual Settlement Statement.

Examples of Annual settlement in a sentence

• Annual settlement volume: CHF 250 million.2 If a threshold is reached or exceeded, the DLT trading facility must report this to FINMA within 10 days.

• Annual settlement on CIT-8 form was filed with the Fiscal Office.

• Annual settlement of , collector of county for year ending February 28, 20 .

• Annual settlement programs shall be prepared by the governorships.Every measurement shall be taken for the implementation and finalization of the settlement operations pursuant to the Law, Regulation and these programs.

• Annual settlement, if applicable, will be made after final graduation in May, using fiscal year.

• In his introductory guide, The ABC’s of Natural Church Development, Schwarz (1998) says, “Don’t let it bother you that the names we selected to describe these principles sound relatively abstract: empowering leadership, gift-oriented ministry, passionate spirituality, functional structures, inspiring worship, holistic small groups, need-oriented evangelism, and loving relationships” (p.

• On motion by Supervisor Rayhons, seconded by Supervisor Greiman and carried unanimously, the Board gave approval to the following: Annual settlement of the Hancock County Treasurer for Fiscal Year July 1, 2021 to June 30, 2022.

• Annual settlement payments shall be treated as a purchase price adjustment to all grain sold and purchased pursuant to Section 2.3 of this Agreement.

• Annual settlement measurements are taken to determine extent of settlement, if any.2. Cracks Location shown on site map Cracking not evident Lengths Widths Depths Remarks 3.

• Annual settlement payments may be subject to challenge through arbitration by participating tobacco manufacturers.

More Definitions of Annual settlement

Annual settlement specified in this Agreement refers to the settlement process carried out annually based a one-year unit of the period of Agreement. “Carry-over” specified in this Agreement refers to the expense to be carried over inevitably from one specific year to the next with an approval of a Dedicated Organization among the entire budget.