Directed Payment; Allocable Portion Calculations Sample Clauses

Directed Payment; Allocable Portion Calculations. Sierra Services may direct the Trust to pay any part or all of the EWCs payable to Sierra Services in respect of any Shares directly to persons providing funds to Sierra Services to cover or otherwise enable the incurring of expenses associated with distribution services, and the Trust agrees to accept and to comply with such direction. Sierra Services shall, at its own expense and not the expense of the Trust, provide the Trust with any necessary calculations of Sierra Services's Allocable Portion of any EWCs, and the Trust shall be entitled to rely conclusively on such calculations, without prejudice to any claim it may have concerning the accuracy of such calculations.
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
Directed Payment; Allocable Portion Calculations. The Distributor may direct the Trust to pay any part or all of the Distribution Fee or CDSCs payable to the Distributor in respect of any Class B Shares of any Fund directly to persons providing funds to the Distributor to cover or otherwise enable the incurring of expenses associated with distribution services, and each Trust agrees to accept and to comply with such direction. The Distributor shall, at its own expense and not at the expense of any Trust or Fund, provide each Trust with any necessary calculations of the Distributor's Allocable Portion of any Distribution Fee or CDSCs, and each Trust shall be entitled to rely conclusively on such calculations, without prejudice to any claim it may have concerning the accuracy of such calculations.
Sample 1Sample 2Sample 3
Directed Payment; Allocable Portion Calculations. The Distributor may ------------------------------------------------- direct the Trust to pay any part or all of the EWCs payable to the Distributor in respect of any Shares directly to persons providing funds to the Distributor to cover or otherwise enable the incurring of expenses associated with distribution services, and the Trust agrees to accept and to comply with such direction. The Distributor shall, at its own expense and not as the expense of the Trust, provide the Trust with any necessary calculations of the Distributor's Allocable Portion of any EWCs, and the Trust shall be entitled to rely conclusively on such calculations, without prejudice to any claim it may have concerning the accuracy of such calculations.
Sample 1
Directed Payment; Allocable Portion Calculations. Sierra Services may direct the Trust to pay any part or all of the Distribution Fee or CDSCs payable to Sierra Services in respect of any Shares of any Portfolio directly to persons providing funds to Sierra Services to cover or otherwise enable the incurring of expenses associated with distribution services, and the Trust agrees to accept and to comply with such direction. Sierra Services shall, at its own expense and not the expense of the Trust or any Portfolio, provide the Trust with any necessary calculations of Sierra Services' Allocable Portion of any Distribution Fee or CDSCs, and the Trust shall be entitled to rely conclusively on such calculations, without prejudice to any claim it may have concerning the accuracy of such calculations.
Sample 1
Directed Payment; Allocable Portion Calculations. Sierra Services may direct the Trust to pay any part or all of the EWCs payable to Sierra Services in respect of any Shares directly to persons providing funds to Sierra Services to cover or otherwise enable the incurring of expenses associated with distribution services, and the Trust agrees to accept and to comply with such direction. Sierra Services shall, at its own expense and not the expense of the Trust, provide the Trust with any necessary calculations of Sierra Services's Allocable Portion of any
Sample 1

Related to Directed Payment; Allocable Portion Calculations

  • Estimated Payments During each calendar year or partial calendar year after the Base Year, in addition to Monthly Rent, Tenant shall pay to Landlord on the first day of each month an amount equal to one-twelfth (1/12) of the product of Tenant's Share multiplied by the "Estimated Operating Expenses" (defined below) for such calendar year. "Estimated Operating Expenses" for any calendar year means Landlord's reasonable estimate of Operating Expenses for such calendar year, less the Operating Expenses for the Base Year and shall be subject to revision according to the further provisions of this Section 5.2 and Section 5.3. During any partial calendar year, Estimated Operating Expenses shall be estimated on a full-year basis. During each December in which this Section 5.2 is applicable, or as soon after each December as practicable, Landlord shall give Tenant written notice of the Estimated Operating Expenses for the ensuing calendar year. On or before the first day of each month during the ensuing calendar year (or each month of the Term if the Term will expire before the end of the calendar year), Tenant shall pay to Landlord one-twelfth (1/12) of the product of Tenant's Share multiplied by the Estimated Operating Expenses for such calendar year; however, if such written notice is not given in December, Tenant shall continue to make monthly payments on the basis of the prior year's Estimated Operating Expenses until the month after such written notice is given, at which time Tenant shall commence making monthly payments based upon the revised Estimated Operating Expenses. In the month Tenant is first required to make a payment based upon the revised Estimated Operating Expenses, Tenant shall pay to Landlord for each month which has elapsed since December the difference between the amount payable based upon the revised Estimated Operating Expenses and the amount payable based upon the prior year's Estimated Operating Expenses. If at any time or times it reasonably appears to Landlord that the actual Operating Expenses for any calendar year will vary from the Estimated Operating Expenses for such calendar year, Landlord may, by written notice to Tenant, revise the Estimated Operating Expenses for such calendar year, and subsequent payments by Tenant in such calendar year shall be based upon such revised Estimated Operating Expenses.

  • Returned Payment Fee If your account is subject to a Returned Payment Fee, the fee will be charged to your account when a payment is returned for any reason.

  • INTEREST CALCULATION COSTS 10.1 As set forth in 31 CFR 205.27, interest calculation costs are defined as those costs necessary for the actual calculation of interest, including the cost of developing and maintaining clearance patterns in support of the interest calculations. Interest calculation costs do not include expenses for normal disbursing services, such as processing of checks or maintaining records for accounting and reconciliation of cash balances, or expenses for upgrading or modernizing accounting systems. Interest calculation costs in excess of $50,000 in any year are not eligible for reimbursement, unless the State provides justification with the annual report.

  • Allocation of Subordinate Reduction Amount to the Reference Tranches On each Payment Date prior to the Termination Date, after allocation of the Senior Reduction Amount and the Tranche Write-down Amount or Tranche Write-up Amount, if any, for such Payment Date as described above, the Subordinate Reduction Amount will be allocated to reduce the Class Notional Amount of each Class of Reference Tranche in the following order of priority, in each case until its Class Notional Amount is reduced to zero:

  • Disputed Payments In the event that the Purchaser disputes an invoice, it shall give notice of such a dispute within 15 days of receiving the invoice setting out details of the disputed amount. The Purchaser shall pay by the Due Date 100% of any undisputed amount and in case the invoice is disputed, the Purchaser shall pay an amount based on average consumption of last three consecutive undisputed invoices. Amount so recovered shall be subject to final adjustment on resolution of the dispute. Thereafter, the Parties shall discuss and try to resolve the disputed amount within a week of receipt of such notice of dispute. If the Parties resolve the dispute, an appropriate adjustment shall be made in the next invoice. If the dispute has not been resolved by the date of the next invoice the dispute shall be referred to a committee of one member from each of Purchaser and Power Producer, If the dispute is still-not resolved by the next following invoice if shall be 'referred to Arbitration as provided in the present Agreement.

  • Payments of Post-Closing Adjustment Except as otherwise provided herein, any payment of the Post-Closing Adjustment, together with interest calculated as set forth below, shall (A) be due (x) within five (5) Business Days of acceptance of the applicable Closing Working Capital Statement or (y) if there are Disputed Amounts, then within five (5) Business Days of the resolution described in clause (v) above; and (B) be paid by wire transfer of immediately available funds to such account(s) as is directed by Buyer or Sellers, as the case may be.

  • Interest Rates Payments and Calculations (a) Interest Rate. -------------

  • Returned Payments If after receipt of any payment which is applied to the payment of all or any part of the Obligations (including a payment effected through exercise of a right of setoff), the Administrative Agent or any Lender is for any reason compelled to surrender such payment or proceeds to any Person because such payment or application of proceeds is invalidated, declared fraudulent, set aside, determined to be void or voidable as a preference, impermissible setoff, or a diversion of trust funds, or for any other reason (including pursuant to any settlement entered into by the Administrative Agent or such Lender in its discretion), then the Obligations or part thereof intended to be satisfied shall be revived and continued and this Agreement shall continue in full force as if such payment or proceeds had not been received by the Administrative Agent or such Lender. The provisions of this Section 2.21 shall be and remain effective notwithstanding any contrary action which may have been taken by the Administrative Agent or any Lender in reliance upon such payment or application of proceeds. The provisions of this Section 2.21 shall survive the termination of this Agreement.

  • Purchase Price Credit Adjustments If on any day:

  • Deferred Payment “Deferred Payment” means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.

Time is Money Join Law Insider Premium to draft better contracts faster.