Financial Matter definition

Financial Matter has the meaning given in clause 24.7.

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Financial Matter means a matter involving financial calculations which is capable of determination by audit or reference to financial or accounting records, knowledge or practice;

Financial Matter has the meaning given in clause 33.2(b).

Examples of Financial Matter in a sentence

• The Parties understand and agree that if they are unable to reach consensus on a Financial Matter, the Managers shall work with both Parties and the PUB or other Authorized Authority and the UARB to ensure that they have an opportunity to make representations to either the UARB or the PUB or other Authorized Authority, as the case may be.

• Each Party shall bear its own costs in connection with any proceeding before an Applicable Regulator to determine a Financial Matter pursuant to Section 3.4(b).

• If the JOC is unable to reach a consensus decision in respect of a JOC Matter, other than a Financial Matter, pursuant to Section 3.3(b), the matter shall be resolved by a decision of the JOC made by majority vote at a duly constituted meeting of the JOC.

• If the dispute is not resolved by negotiations between the senior management of the Parties within 20 Business Days of the first meeting between senior management under clause 15.3 and the Dispute relates to a Financial Matter or a Technical Matter, either Party may submit the dispute to an Independent Expert for determination in accordance with clause 16.

More Definitions of Financial Matter

Financial Matter means a matter that is wholly capable of determination by reference to auditing and accounting records, knowledge or practices.

Financial Matter means any JOC Matter that impacts the Operating and Maintenance Costs;

Financial Matter means any matter relating to the property or finances of an adult and, without limiting the generality of the foregoing, includes

Financial Matter means a matter involving financial calculations which is capable of determination by audit or reference to accounting practices; and (iii) in the case of a matter involving both technical and financial issues, unless the Parties otherwise agree, it will be regarded as a technical matter.