Reconciliation Payment definition

Reconciliation Payment has the meaning given to it in clause 9.5;
Reconciliation Payment means the amount Student must pay if there is a difference between the total Monthly Payments Student makes during the year and Student’s Annual Payment Obligation for that Year.
Reconciliation Payment has the meaning set forth in Section 2.3(b).

Examples of Reconciliation Payment in a sentence

  • The Lead Authority shall provide the Operator with detailed calculations confirming the Reconciliation Payment to be returned to the Lead Authority or paid to the Operator.

  • For the avoidance of doubt, any Reconciliation Payment payable by the parties pursuant to this paragraph 3(c) shall be subject to netting in accordance with Section 2(c) of the Agreement.

  • MSC and MPM, as applicable, may elect to cause all or a portion of the Quarterly Reconciliation Payment to be satisfied by one or more of their subsidiaries, including, in the case of MSC, those subsidiaries listed on Exhibit C and, in the case of MPM, those subsidiaries listed on Exhibit D, which, for the avoidance of doubt, may include settlement in non-U.S. jurisdictions in currency other than U.S. dollars converted at the Exchange Rate for MSC or MPM, as applicable.

  • Within fifteen (15) days of delivery of the invoice for the applicable Reconciliation Payment, if a written notice specifying in reasonable detail the nature of a dispute related thereto has not been delivered by such party, MSC or MPM, as applicable, shall promptly pay the applicable Reconciliation Payment to the other in cash.

  • The Party to whom a Reconciliation Payment is due shall issue an invoice to the other Party for the Reconciliation Payment, and such other Party shall pay all undisputed amounts within *** after its receipt of the invoice.


More Definitions of Reconciliation Payment

Reconciliation Payment has the meaning set forth in Section 7.4(c).
Reconciliation Payment means the Capacity Reconciliation Payment and the Commodity Reconciliation Payment;
Reconciliation Payment has the meaning set forth in paragraph 1.2(a) of Exhibit 4.
Reconciliation Payment means a payment made by CMS to the Hospital as determined in accordance with Section 510.305(f) of the CJR Regulations.
Reconciliation Payment means a payment under Part 5;
Reconciliation Payment shall be equal to the difference (expressed as a positive number), if any, between the Estimated Net Working Capital Amount and the Actual Net Working Capital Amount as finally determined pursuant to Section 3.3(c) or Section 3.3(d), as the case may be.
Reconciliation Payment shall have the meaning ascribed to it in Paragraph III(b) below; and