Reconciliation of Expenses. At the conclusion of the Grant Activity, Grant Recipient will provide to Novartis a reconciliation of the actual expenses versus estimated expenses and will issue a refund to Novartis for any portion of the Grant Amount not incurred in the implementation of the Grant Activity. In addition, Grant Recipient will retain appropriate records of the Grant Activity and the use of the Grant Amount and will provide evidences (as further specified in Exhibit A) to Novartis to document that the Grant Amount has been used in accordance with this Agreement.
Reconciliation of Expenses. Landlord shall promptly notify Tenant of the total actual (i) Taxes assessed against the Land and the Building, (ii) Insurance Expense, and (iii) CAM Expense, attaching a copy of the tax or special assessment bill, xxe insurance invoice, or the calculation of CAM Expense, as applicable, and shall specify (i) Tenant's pro rata share thereof, and (ii) the excess, if any, of Tenant's pro rata share over Landlord's estimation for each calendar year. Tenant shall pay the excess amount so specified to Landlord within fifteen (15) days following receipt by Tenant of Landlord's letter. Failure by Tenant to pay Landlord such amount within the period designated shall constitute a non-payment of rent by Tenant and a default of Tenant's obligation under the Lease, and Landlord shall be entitled to all remedies provided for in this Lease upon default in payment of rent. If the first year for which Tenant's pro rata share of Taxes, Insurance Expense, or CAM Expense (hereinafter collectively, the "Expenses") are due or the finax 9 year of the term hereof do not coincide with the calendar year, Tenant's pro rata share of Expenses for the portion of that year shall be prorated according to the number of months during which Tenant was in possession of the Premises. In the event Landlord's estimation of Expenses shall exceed the actual amount of Expenses, the amount paid by Tenant for such year shall be adjusted between Landlord and Tenant and Tenant shall receive a credit against the next due installment of rent hereunder in such excess amount unless this Lease has expired or been otherwise terminated, in which event Landlord shall pay to Tenant such excess amount within fifteen (15) days following receipt by Tenant of Landlord's letter.
Reconciliation of Expenses. At the conclusion of the Sponsorship Activity, Sponsorship Recipient will provide to Novartis a reconciliation of the actual expenses versus estimated expenses and will issue a refund to Novartis for any portion of the Sponsorship Amount not incurred in the implementation of the Sponsorship Activity. In addition, Sponsorship Recipient will retain appropriate records of the Sponsorship Activity and the use of the Sponsorship Amount and will provide evidences (as further specified in Exhibit A) to Novartis to document that the Sponsorship Amount has been used in accordance with this Agreement.
Reconciliation of Expenses. At the conclusion of the Activity, Recipient shall provide Novartis with a reconciliation of the actual expenses versus estimated expenses and will issue a refund to Novartis for any portion of the Amount not incurred in the implementation of the Activity. In addition, Recipient will retain appropriate records of the Activity and the use of the Amount and will provide copies of the records to Novartis on request to confirm that the Amount has been used in accordance with this Agreement.
Reconciliation of Expenses. Recipient will xxxxxxx Xxxxxxxx within sixty (60) days of completing this program: (i) a certified report concerning the expenditure of funds associated with this program, (ii) a copy of all outcomes measurement documentation created for the event by Recipient, if any, and (iii) the number of healthcare providers who received CME credits for the program, if applicable. In the event that the program is cancelled through no fault of Lundbeck or the specific funds granted by Lundbeck are not used for the program, Recipient will notify Lundbeck in writing of such cancellation or non-use of funds and then Recipient will return to Lundbeck all funds not used for the program described above, within sixty (60) days of the date of the program.
Reconciliation of Expenses. As expenses to provide the Services may be reconciled over time, the reconciled amounts (together with interest at the Late Interest Rate from the date such amounts were due and payable to a Party had the reconciliation not been required until the date such amounts are actually paid to such Party, if applicable), shall be included in the next applicable Monthly Statement.
Reconciliation of Expenses. Within [***] after the end of each Calendar Quarter, ELAN shall prepare a reconciliation report, accompanied by reasonable supporting documents and calculations, which reconciles the amounts charged to each Party's R&D Account during such Calendar Quarter pursuant to Section 5.3.2, including, without limitation, making any necessary adjustments for prior period Manufacturing cost variances allocable to R&D Candidates utilized in Development, and the share of the Parties' aggregate Research Expenses to be allocated to each of the Parties for such Calendar Quarter in accordance with Section 5.3.1. Within [***] after ELAN delivers such reconciliation report to CAT, the net amount shown as being due either to CAT or to ELAN will be paid via same day wire transfer by the Party owing such amount.
Reconciliation of Expenses. Provider will xxxxxxx Xxxxxxxx within ninety (90) days of completing this program:
Reconciliation of Expenses. Upon receipt of a monthly performance or progress report, the Agencies may review all costs and expenditures. The Agencies may require additional information from URI regarding expenses. No expenses in excess of those detailed in Appendix A shall be eligible for reimbursement under this Agreement unless they have been authorized in advance, in writing, for a specific amount, by the TNRCC prior to the expenditure being made by URI. Upon the advance approval in writing of such costs by TNRCC, such costs will be eligible for inclusion of funding to URI by USF&G. If approval is not obtained such costs are not eligible for inclusion of funding to URI by USF&G. Upon funding by USF&G such costs would be treated comparably to all other costs shown on Appendix A regarding their eligibility for bond reductions by USF&G.
Reconciliation of Expenses. On or before April 1st of each calendar year, or as soon after such date as practicable, Landlord shall give Tenant a written statement of the amounts payable as CAM Costs for such calendar year certified by Landlord (each an "Expense Statement"). If an Expense Statement shows an amount owing by Tenant that is less than the estimated payments for such calendar year previously made by Tenant, Landlord shall, at its option, either refund or credit the excess to Tenant within thirty (30) days of the date of such Expense Statement. If an Expense Statement shows an amount owing by Tenant that is more than the estimated payments for such calendar year previously made by Tenant, Tenant shall pay the deficiency to Landlord within thirty (30) days after delivery of such Expense Statement and payment of such deficiency shall be a condition precedent to Tenant’s rights to inspect Landlord’s books pursuant to Section 4.5 below.
