Examples of Reconciliation Date in a sentence
For the purpose of calculating the amount of actual Energy Cost Savings achieved at the Facilities, the Annual Reconciliation Date for this Contract shall be December 31 of each year that the Contract is in effect.
The Company shall debit Representative's commission account on the Reconciliation Date for the commissions allocable to any outstanding invoices applicable to customers serviced by Representative, which the Company believes are uncollectible or in jeopardy of non-payment.
Nextel will pay any outstanding balance of the Actual Costs due to Incumbent within 30 days after the Reconciliation Date (as "Actual Costs" and "Reconciliation Date" are defined in Section 3(b)(i)).
After the Reconciliation Date, no additional commissions shall become earned and due to Representative, and the Company shall not be entitled to issue any additional debits against Representative's commission account.
Any Loaned Reconfiguration Equipment, if applicable, will be returned to Nextel by Incumbent prior to the Reconciliation Date.