Closing Overpayment definition

Closing Overpayment has the meaning set forth in Section 2.9(b)(ix)(B).
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Closing Overpayment shall have the meaning set forth in Section 2.5(e)(ii).
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Closing Overpayment has the meaning set forth in Section 2.3.
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Examples of Closing Overpayment in a sentence

  • If the Net Working Capital Holdback is insufficient to satisfy the Closing Overpayment, then Parent will keep the entire Net Working Capital Holdback and deduct from the Escrow Cash held in escrow an amount necessary to satisfy the Closing Overpayment.

  • If the Adjustment Escrow Funds are more than the amount of the Closing Overpayment, Parent and the Representative shall promptly deliver joint written instructions to the Escrow Agent instructing the Escrow Agent to disburse to the Sellers (on a pro rata basis based on their respective Pro Rata Shares and in accordance with Section 2.12) the amount by which the Adjustment Escrow Funds exceed the disbursement made to Parent in the immediately prior sentence.

Related to Closing Overpayment

  • Overpayment means payment in excess of the required fee. Overpayment of less than $10 received by the board shall not be refunded.

  • Overpayments as used in this Section include payments (i) made by the System Agency that exceed the maximum allowable rates; (ii) that are not allowed under applicable laws, rules, or regulations; or (iii) that are otherwise inconsistent with this Grant Agreement, including any unapproved expenditures. Xxxxxxx understands and agrees that it shall be liable to the System Agency for any costs disallowed pursuant to financial and compliance audit(s) of funds received under this Grant Agreement. Xxxxxxx further understands and agrees that reimbursement of such disallowed costs shall be paid by Grantee from funds which were not provided or otherwise made available to Grantee under this Grant Agreement.

  • Closing Adjustment has the meaning set forth in Section 2.04(a)(ii).

  • Final Adjustment Statement has the meaning set forth in Section 2.6(c).

  • Estimated Closing Statement has the meaning set forth in Section 2.4(a).

  • Final Payment Statement shall have the meaning set forth in Clause 19.13;

  • Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.

  • Underpayment shall have the meaning set forth in Section 5(b).

  • Final Determination Date means the following:

  • Post-Closing Adjustment has the meaning set forth in Section 2.04(b)(ii).

  • Closing Date Statement has the meaning set forth in Section 2.06(b).

  • Closing Statement means the Closing Statement in the form on Annex A attached hereto.

  • Closing Costs means, collectively, all initial costs and fees that identified above and in Section 16 that Seller agrees to pay to Buyer as consideration for agreeing to enter into this Agreement.

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • Closing Payment has the meaning set forth in Section 2.2.

  • Adjustment Escrow Fund means the Adjustment Escrow Amount deposited with the Escrow Agent, as such amount may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any interest or other amounts earned thereon.

  • Billing Adjustment Credit To provide Customer the benefit of the rates and discounts in the Amendment as of the Effective Date and until such rates and discounts are implemented, the Company shall provide Customer with a one-time billing adjustment credit equal to $152,300.00 plus applicable taxes and surcharges. This credit shall compensate Customer for the difference between the Tariff/Guide/list rates invoiced during the 1st full billing cycle following Customer's signature date above and the rates and discounts in this Agreement.

  • Stage Payment Statement shall have the meaning set forth in Clause 19.4; “Structures” means an elevated road or a flyover, as the case may be;

  • Adjustment Statement has the meaning set forth in Section 2.6(a).

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Final Determination means a determination within the meaning of Section 1313 of the Code or any similar provision of state or local Tax Law.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Claim Period means the period of time during which a Settlement Class Member must submit a Claim Form to be eligible to receive a Cash Benefit or Billing Credit Option as part of the Settlement. The Claim Period shall commence not later than thirty (30) days after the Preliminary Approval Date, as defined herein, and shall conclude not more than ninety (90) days after it commences.

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • Payment Statement As defined in Section 6.01 hereof.