Financial Planning Procedures Sample Clauses

Financial Planning Procedures. In connection with Worldspan’s planning related to its resources and costs for a given calendar year, prior to October 15 of the preceding year, Northwest shall provide to Worldspan, in such detail as may be reasonably requested by Worldspan, Northwest’s best good faith projection of the type and amount of Airline Services to be used by the Northwest Service Users during the given year, including the number of Shared Resource Measurement Units for each Service Category that will be applicable to the Northwest Service Users during the given year. Each such projection must be based upon all the relevant information known by or reasonably available to Northwest. In the event that Northwest does not provide any such projection by the time specified therefor, then Worldspan may, in lieu thereof, utilize its own best good faith projection of the type and amount of Airline Services to be used by the Northwest Service Users during the given year. Prior to November 15 of the preceding year, Worldspan shall notify Northwest of Worldspan’s best good faith projection of the applicable Standard Cost Rates for the given year, including supporting documentation reflecting the calculation thereof, including the projected G & A Percentage for the given year. If and to the extent so requested by Northwest, Worldspan shall meet with Northwest to discuss areas where Northwest believes the projected Standard Cost Rates are high and shall work in good faith with Northwest to make reasonable business efforts to reduce those Standard Cost Rates.
Sample 1
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Financial Planning Procedures. In connection with Worldspan’s planning related to its resources and costs for a given calendar year, prior to October 15 of the preceding year, Delta shall provide to Worldspan, in such detail as may be reasonably requested by Worldspan, Delta’s best good faith projection of the type and amount of Airline Services to be used by the Delta Service Users during the given year, including the number of Shared Resource Measurement Units for each Service Category that will be applicable to the Delta Service Users during the given year. Each such projection must be based upon all the relevant information known by or reasonably available to Delta. In the event that Delta does not provide any such projection by the time specified therefor, then Worldspan may, in lieu thereof, utilize its own best good faith projection of the type and amount of Airline Services to be used by the Delta Service Users during the given year. Prior to November 15 of the preceding year, Worldspan shall notify Delta of Worldspan’s best good faith projection of the applicable Standard Cost Rates for the given year, including supporting documentation reflecting the calculation thereof, including the projected G & A Percentage for the given year. If and to the extent so requested by Delta, Worldspan shall meet with Delta to discuss areas where Delta believes the projected Standard Cost Rates are high and shall work in good faith with Delta to make reasonable business efforts to reduce those Standard Cost Rates.
Sample 1

Related to Financial Planning Procedures

  • Accounting Procedures 7.3.1. Principal and Interest Computation.......................... 7.3.2.

  • Cooperation Procedures The Seller shall, in connection with the delivery of each Qualified Replacement Mortgage to the Custodian, on behalf of the Indenture Trustee, provide the Indenture Trustee with information set forth in the Schedules of Home Equity Loans with respect to such Qualified Replacement Mortgage.

  • Reporting Procedures The Executive shall report to the Board of Directors. The Executive shall report fully on the management, operations and business affairs of the Corporation and advise to the best of his ability and in accordance with reasonable business standards on business matters that may arise from time to time during the term of this agreement.

  • Funding Procedures Not later than 11:00 a.m. (Boston time) on ------------------ the proposed Drawdown Date of any Revolving Credit Loans, each of the Banks will make available to the Agent, at the Agent's Head Office, in immediately available funds, the amount of such Bank's Commitment Percentage of the amount of the requested Revolving Credit Loans. Upon receipt from each Bank of such amount, and upon receipt of the documents required by (S)(S)12 and 13 and the satisfaction of the other conditions set forth therein, to the extent applicable, the Agent will make available to the Borrower the aggregate amount of such Revolving Credit Loans made available to the Agent by the Banks. The failure or refusal of any Bank to make available to the Agent at the aforesaid time and place on any Drawdown Date the amount of its Commitment Percentage of the requested Revolving Credit Loans shall not relieve any other Bank from its several obligation hereunder to make available to the Agent the amount of such other Bank's Commitment Percentage of any requested Revolving Credit Loans.

  • Standard Operating Procedures Over approximately the past eight years, the Parties have been supplying select Products to one another for use in the operation of their respective businesses within the United States of America, Canada and Mexico. The Parties developed and been following certain standard operating procedures in connecting with, among other topics, forecasting, production planning, ordering, delivering and resolving claims on the Products supplied to one another (the “Current SOPs”). The Parties will be updating their respective business systems over the next six months, and the updates to these business systems will require the Parties to modify the Current SOPs. Once the Parties have completed the updates to the business systems and agreed on the necessary modifications to the Current SOPs, the Parties will sign a written amendment to this Agreement appending the updated standard operating procedures (the “Updated SOPs”). Until the Parties have signed a written amendment appending the Updated SOPs, the parties will continue to follow the Current SOPs. The Parties will comply with the applicable SOPs in connection with the purchase and sale of products identified in a Purchase Schedule. The Parties may add terms and conditions to, and amend the terms and conditions of, the SOP in a Purchase Schedule, but any additional and amended terms and conditions in a Purchase Schedule supplementing and modifying the SOP will only apply the specific products identified in that Purchase Schedule for its duration.

  • New Procedures New procedures as to who shall provide certain of these services in Section 1 may be established in writing from time to time by agreement between the Fund and the Transfer Agent. The Transfer Agent may at times perform only a portion of these services and the Fund or its agent may perform these services on the Fund's behalf;

  • Accounting Policies and Procedures Permit any change in the accounting policies and procedures of the Company or any Guarantor, including a change in fiscal year, provided, however, that any policy or procedure required to be changed by the Financial Accounting Standards Board (or other board or committee thereof) in order to comply with Generally Accepted Accounting Principles may be so changed.

  • OPERATIONAL PROCEDURES In order to minimize operational problems, it will be necessary for trade information to be supplied in a secure manner by the Subadviser to the Fund’s Service Providers, including: JPMorgan Chase Bank, National Association (the “Custodian”), Virtus Fund Services (the “Fund Administrator”) BNY Mellon Investment Servicing (US) Inc., (the “Sub-Accounting Agent”), any Prime Broker to the Series, and all other Counterparties/Brokers as required. The Subadviser must furnish the Fund’s service providers with required daily information as to executed trades in a format and time-frame agreed to by the Subadviser, Custodian, Fund Administrator, Sub-Accounting Agent and Prime Broker/Counterparties and designated persons of the Fund. Trade information sent to the Custodian, Fund Administrator, Sub-Accounting Agent and Prime Broker/Counterparties must include all necessary data within the required timeframes to allow such parties to perform their obligations to the Series. The Sub-Accounting Agent specifically requires a daily trade blotter with a summary of all trades, in addition to trade feeds, including, if no trades are executed, a report to that effect. Daily information as to executed trades for same-day settlement and future trades must be sent to the Sub-Accounting Agent no later than 4:30 p.m. (Eastern Time) on the day of the trade each day the Fund is open for business. All other executed trades must be delivered to the Sub-Accounting Agent on Trade Date plus 1 by Noon (Eastern Time) to ensure that they are part of the Series’ NAV calculation. (The Subadviser will be responsible for reimbursement to the Fund for any loss caused by the Subadviser’s failure to comply with the requirements of this Schedule A.) On fiscal quarter ends and calendar quarter ends, all trades must be delivered to the Sub-Accounting Agent by 4:30 p.m. (Eastern Time) for inclusion in the financial statements of the Series. The data to be sent to the Sub-Accounting Agent and/or Fund Administrator will be as agreed by the Subadviser, Fund Administrator, Sub-Accounting Agent and designated persons of the Fund and shall include (without limitation) the following:

  • Transition Procedures Upon the expiration or termination of the Term of this Lease, for whatever reason (other than a purchase of the Leased Property by Lessee), Lessor and Lessee shall do the following (and the provisions of this Section 2.3 shall survive the expiration or termination of this Lease until they have been fully performed) and, in general, shall cooperate in good faith to effect an orderly transition of the management and/or lease of the Hotel:

  • Changes in Accounting Procedures Any resolution passed by the Board of Trustees that affects accounting practices and procedures under this Agreement shall be effective upon written receipt of notice and acceptance by USBFS.

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