End of Period True Up Sample Clauses

End of Period True Up. BPA will credit Port Xxxxxxxx the damage amount paid by Port Xxxxxxxx that is in excess of that needed to pay damages for the two periods (i) during Fiscal Year 2010 and (ii) the October 2010 through December 2010 period. No later than 60 days following the applicable period BPA shall compute as damages the algebraic sum of positive amounts paid by Port Xxxxxxxx and negative amounts where payment was not required for monthly Purchase Deficiencies during Fiscal Year 2010 or the October 2010 through December 2010 period. If the total is a positive amount BPA will credit against amounts Port Xxxxxxxx owes BPA an amount equal to the sum of payments made by Port Xxxxxxxx for the period, minus such positive amount, however, if the total is zero or a negative amount then all payments made by Port Xxxxxxxx during the period will be credited against amounts to Port Xxxxxxxx owes BPA. Any remaining negative balance shall be deemed to be zero and PS shall not be obligated to pay such amount to Port Xxxxxxxx.
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Related to End of Period True Up

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