Adjustment of Errors Sample Clauses

Adjustment of Errors. Except where the Company has made a clerical error in the deduction of dues or service fees which will be adjusted promptly by the Company, any question as to the correctness of the amount deducted shall be settled between the employee and the Local; and the International and Local shall jointly and severally indemnify the Company and save it harmless against any and all suits, claims, demands and liabilities that shall arise out of or by reason of any action that shall be taken by the Company for the purpose of complying with the provisions of this Section VII or in reliance on any authorization form or information furnished to the Company under such provisions.
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Adjustment of Errors. In the event that either the District or a teacher finds that the teacher has been placed on a column or step other than the column or step justified by the documents on file with the Dis- trict or in the possession of the teacher a salary adjustment shall be made as follows:
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Adjustment of Errors. 7.3.1 If a material manifest error is found by any Party in the amount shown due in any invoice issued by another Party and a notice of claim in respect of that error is given to the issuing Party within one hundred and ten (110) Days following the date of issuance of such invoice, the issuing Party shall issue a statement of adjustment as soon as reasonably practicable after the error is detected. Any adjustment between any Parties in respect of the error, together with interest on the amount of such adjustment from and including the Day following the payment due date of the original invoice up to and including the Day on which payment of the amount of such adjustment is actually made, at an interest rate of EURIBOR (as in effect on the Day following such payment due date and as in effect on the first Day of every Month thereafter) plus two per cent (2%), shall be paid within ten (10) Business Days after the issuing Party has sent the statement of adjustment.
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Adjustment of Errors. In the event an error is discovered in any invoice, such error shall be adjusted within thirty (30) Days of the determination thereof; provided, however, that any claim for adjustment must be made in writing within twenty-four (24) Months from the date of such invoice.
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Adjustment of Errors. (a) The time limitation for notifying KMLP of any dispute relating to billing including disputes regarding allocations, shall be six (6) Months from the date the xxxx is received with a three (3) Month rebuttal period. This time period shall also apply to any adjustments by KMLP in xxxxxxxx. This standard shall not apply in the case of deliberate omission or misrepresentation or mutual mistake of fact. Parties' other statutory or contractual rights shall not otherwise be diminished by this standard. Mutual agreement between parties, legal decisions, and regulatory guidance may be necessary to determine if the event qualifies for an extension of the above time periods.
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Adjustment of Errors. Except where the Company has made a clerical error in the deduction for dues or service fees which will be adjusted promptly by the Company, any question as to the correctness of the amount deducted shall be settled between the employee and the SEA; and the Federation and the SEA shall jointly and severally indemnify the Company and save it harmless against any and all suits, claims, demands and liabilities that shall arise out of or by reason of any action that shall be taken by the Company for the purpose of complying with the provisions of this Section V or in reliance on any authorization form or information furnished to the Company under such provisions.
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Adjustment of Errors. (a) The time limitation for disputes of allocations should be six
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Adjustment of Errors. If the City incorrectly bills the Customer, upon discovery, the City will correct the billing error for up to three (3) previous billing periods, not counting the period in which the error was found.
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Adjustment of Errors. In the event that either the District or an administrator finds that the administrator has been placed on a column or step other then the column or step justified by the documents on file with the District or in the possession of the administrator a salary adjustment shall be made as follows: If the error is found by November 30, or within thirty (30) days of the placement on the column or step which requires adjustment, whichever is later, the administrator’s salary payment shall be adjusted so that his/her correct annual salary will have been paid with the receipt of his/her final paycheck. If the error is found after November 30, or after thirty (30) days from the placement on the column or step which requires adjustment, whichever comes later, the administrator’s salary payment shall be adjusted commencing with the next pay period to reflect the amount of annual salary the administrator would have been entitled to had he/she been properly placed on the salary schedule divided by the number of pay periods that the administrator has selected for the year.
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Related to Adjustment of Errors

  • Adjustment of Impositions Impositions imposed in respect of the tax-fiscal period during which the Term terminates shall be adjusted and prorated between Lessor and Lessee, whether or not such Imposition is imposed before or after such termination, and Lessee’s obligation to pay its prorated share thereof after termination shall survive such termination.

  • Adjustment, etc Any adjustment, indulgence, forbearance or compromise that might be granted or given by any of the Lenders to Borrower or Guarantor or any Person liable on the Liabilities;

  • ADJUSTMENT OF CONTRACT PRICE The Contract Price shall be subject to adjustment, as hereinafter set forth, in the event of the following contingencies (it being understood by both parties that any reduction of the Contract Price is by way of liquidated damages and not by way of penalty):

  • Adjustment of Claims Tenant shall cooperate with Landlord and Landlord’s insurers in the adjustment of any insurance claim pertaining to the Building or the Project or Landlord’s use thereof.

  • Adjustment of Fees Trust acknowledges that from time to time after the first anniversary of the Effective Date, Administrator may increase all non-asset based Fees upon sixty days written notice to the Trust, in an amount equal to the greater of: (a) five percent; or (b) the percentage increase in the CPI since the Effective Date of the first such increase and since the date of the immediately preceding increase with respect to all subsequent increases; provided, however, that Administrator may not increase the Fees more than one time during any twelve-month period. Notwithstanding the above, in the event of an increase to Administrator’s costs for Special Third Party Services, Administrator may at any time upon thirty days written notice increase the Fees applicable to such Special Third Party Services, provided, that such fee increase will not exceed the applicable percentage increase in costs incurred by Administrator with respect to such Special Third Party Services.

  • Adjustment Rules Any adjustments pursuant to this Section 13 shall be made successively whenever an event referred to herein shall occur. If an adjustment in Exercise Price made hereunder would reduce the Exercise Price to an amount below par value of the Common Stock, then such adjustment in Exercise Price made hereunder shall reduce the Exercise Price to the par value of the Common Stock.

  • Adjustment The difference between the Book Value and market value as of Bank Closing.

  • PREMIUM ADJUSTMENT If THE COMPANY overpays a reinsurance premium and THE REINSURER accepts the overpayment, THE REINSURER’s acceptance will not constitute or create a reinsurance liability or increase in any existing reinsurance liability. Instead, THE REINSURER will be liable to THE COMPANY for a credit in the amount of the overpayment. If a reinsured policy terminates, THE REINSURER will refund the excess reinsurance premium. This refund will be on a prorated basis without interest from the date of termination of the policy to the date to which a reinsurance premium has been paid.

  • Final Adjustment As soon as practicable, the Company will prepare and deliver to Centerprise a final calculation of Net Working Capital revised to reflect all collections of AR up to the date 180 days from the Closing Date. Centerprise will review such calculation and any records, work papers and other documents related thereto. Within 10 days of receipt of such calculation, Centerprise will deliver to the Member Representative a written report indicating the amount and nature of any adjustment to the Basic Purchase Consideration determined in accordance with Section 2.2.1 (the "Final Adjustment").

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