Prior Period Adjustment definition

Prior Period Adjustment means, as applicable, a billing adjustment related to: (i) the correction of a measuring equipment error pursuant to Article 4.2 hereof, (ii) the correction of a Shipper’s Monthly Bill pursuant to Article 7.5 hereof, or (iii) a correction by a Common Stream Operator of a month end allocation initially made pursuant to Article 19.1(a) hereof, which correction is accepted by Transporter in accordance with Transporter’s posted policy.
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Prior Period Adjustment means any change to the True-Up Adjustment agreed upon or determined through the review and challenge procedures outlined in these Protocols that is carried forward with interest to the subsequent True-Up Adjustment.
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Prior Period Adjustment means any adjustments, including but not limited to, actual delivered natural gas volumes, meter reading errors, or any other factor(s) which may affect the resulting actual cost of delivered natural gas supplies and other services made to any previous monthly invoice resulting in the actual cost to the Receiving Agency.
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Examples of Prior Period Adjustment in a sentence

  • With regard to each Series, if a Prior Period Adjustment (or portion thereof) can be specifically identified as attributable to a Member or a former Member of such Series, then the Sponsor shall use reasonable efforts to allocate such Prior Period Adjustment to, and collect such Prior Period Adjustment from, such Member (by Redemption of Units or otherwise) or former Member.

  • The Sponsor shall use reasonable efforts to allocate each Prior Period Adjustment to the current or former Members (each, a “Prior Period Member”) which were Members during the Accounting Period(s) to which such Prior Period Adjustment relates in accordance with the number of Units of such Series which such current or former Member then held.

  • The Sponsor shall use reasonable efforts to allocate each Prior Period Adjustment to the current or former Members (each, a "Prior Period Member") which were Members during the Accounting Period(s) to which such Prior Period Adjustment relates in accordance with the number of Units of such Series which such current or former Member then held.

  • Answer: The Company has revised the disclosure to comply with paragraph 16(a)(ii) of SFAS 13 and disclose the future minimum lease payments in aggregate and for each of the five succeeding fiscal years.Note 13 – Prior Period Adjustment.

  • Prior Period Adjustment The consolidated financial statements as of and for the year ended December 31, 2018, not presented herein, were audited by other independent auditors, whose report dated March 29, 2019 expressed an unqualified opinion on those financial statements.

  • Prior Period Adjustment: During February, the Company recorded a prior period adjustment for 2017.

  • Prior Period Adjustment The Company has recorded prior period adjustments for the correction of errors.

  • The Prior Period Adjustment Component of PG&E's Direct Bill shall be computed by adding the commodity and demand portions of each prior period adjustment which has been charged to PGT within nine months of the effective date of this Paragraph 31 or refunded to PGT at any time, as the case may be and which have not been reflected in PGT's deferred account prior to application of this Paragraph 31.


More Definitions of Prior Period Adjustment

Prior Period Adjustment means any item or items of expense, loss, tax, income or gain incurred or accrued during one Accounting Period which arises from claims, events or transactions relating to a prior Accounting Period, including all costs of prosecuting, defending, investigating, settling or otherwise dealing with any of the foregoing, such item or items to be accounted for pursuant to Section 3.10.
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Prior Period Adjustment means, as applicable, a billing adjustment related to: (i) the correction of a measuring equipment error pursuant to Article 4.2 hereof, (ii) the correction of a
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Prior Period Adjustment shall m ean any adjustm ents, in cluding but not lim ited to, actual delivered natural gas volum es, meter reading errors, or any other factor(s) which m ay affect the resulting actual cos t of delivered natural gas supplies and other services made to any previous monthly invoice resulting in the actual cost to the Receiving Agency.
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Related to Prior Period Adjustment

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • Estimated Adjustment Amount has the meaning set forth in Section 2.8(a).

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • Interest Adjustment Rate means the interest adjustment rate assigned to the Security. The initial Interest Adjustment Rate is the interest adjustment rate specified in the Table (the "Initial Interest Adjustment Rate").The Issuer may adjust, in its reasonable discretion pursuant to §315 BGB and in consideration of the relevant capital market practice and by acting in good faith (including market interest rates and the interest-rate expectations of the market), the Interest Adjustment Rate, including the Initial Interest Adjustment Rate, on any Scheduled Trading Day within the range (deviation (+) or (-)) specified in the Table for any given Security. The adjusted rate will be published without undue delay in accordance with §12.

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).

  • Closing Adjustment Amount shall have the meaning set forth in Section 2.3(c).

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Cost of Living Adjustment means the cost-of-living adjustment prescribed by the Secretary of the Treasury under Code Section 401(a)(17), 414(v), or 457(e)(15) for any applicable year.

  • Adjustment Period means the period from the Effective Date up to and including the Expiry Time;

  • Equity Adjustment means the dollar amount resulting by subtracting the Book Value, as of Bank Closing, of all Liabilities Assumed under this Agreement by the Assuming Bank from the purchase price, as determined in accordance with this Agreement, as of Bank Closing, of all Assets acquired under this Agreement by the Assuming Bank, which may be a positive or a negative number.