Reconciliation of Payments. Merchant acknowledges that Purchaser has provided Merchant with a reconciliation right under Section 5, which represent the exclusive manner of restructuring payments, without retaining any debt restructuring company, under this Agreement.
Reconciliation of Payments. On or before November 1 following the end of any taxable year to which Section 2.01 of this Agreement applies, Kraft shall pay to Altria, or Altria shall pay to Kraft, as appropriate, an amount equal to the difference, if any, between: (x) the Kraft Federal Income Tax Liability reflected on the Kraft Pro Forma Federal Return for such year; and (y) the aggregate amount of the payments of the Kraft Current Federal Income Tax Provision for such year made pursuant to Section 2.02(a) of this Agreement or Section 2(b)(i) of the prior tax sharing agreement entered into by the Parties on April 11, 2001 (“Prior Agreement”). On or before December 15 following the end of any taxable year to which Section 2.01 of this Agreement applies, Kraft shall pay to Altria the Kraft Combined State Tax Liability as reflected on the Kraft Pro Forma Combined State Return.
Reconciliation of Payments. On or before November 1 following the end of any taxable year to which Section 2.01 of this Agreement applies, PMI shall pay to Altria, or Altria shall pay to PMI, as appropriate, an amount equal to the difference, if any, between: (x) the PMI Federal Income Tax Liability reflected on the PMI Pro Forma Federal Return for such year; and (y) the aggregate amount of the payments of the PMI Current Federal Income Tax Provision for such year made pursuant to Section 2.02(a) of this Agreement. On or before December 15 following the end of any taxable year to which Section 2.01 of this Agreement applies, PMI shall pay to Altria the PMI Combined State Tax Liability as reflected on the PMI Pro Forma Combined State Return.
Reconciliation of Payments. Xxxxxxxxx shall have 30 days following the receipt of any payment pursuant to Section 4.04 to contest any amounts of such payment. In the event that Xxxxxxxxx shall initiate any such contest, it must be made by written notice to the City and accompanied by supporting evidence. If such contest shows that the amount paid to Xxxxxxxxx was less or more than the amount that should have been paid to Xxxxxxxxx (the “Discrepancy”) and the City agrees with the Discrepancy, either the City shall pay Xxxxxxxxx the balance of such amount due within 30 days of the completion of such contest or Xxxxxxxxx shall pay to the City the amount of any over payment within 30 days of the completion of such contest, whichever is applicable
Reconciliation of Payments. The parties acknowledge that there may be: (a) certain payments or refunds made by a party; (b) certain payments or amounts received by a party; or (c) certain adjustments in the sales made by a party prior to the Closing Date that were not included in the Purchase Price or were not prorated as of the Closing Date, including, without limitation, Purchased Inventory orders, receivables, invoices, bills, subscriptions or Taxes, credits, or refunds. Accordingly, within ninety (90) calendar days after the Closing Date, Buyer and Seller shall in good faith provide each other with documentation for, and true-up, such payments, refunds, and receipts in accordance with normal and customary settlement procedures making net adjustment payments as necessary to effect the true-up and give effect to the transfer of the Business on the Closing Date. Such true-up payments shall be made by the applicable party within thirty (30) calendar days of receiving notice of the net amount owed to the other party.
Reconciliation of Payments. On or before September 1 following the end of the taxable year of any year for which payments are to be made under this Agreement, DoeRun shall pay to Renco, or Renco shall apply to the account of DoeRun, to offset future payments under this Agreement by DoeRun to Renco, as appropriate, an amount equal to the difference, if any, between: (x) the DoeRun Federal Income Tax Liability reflected on the DoeRun Pro Forma Federal Return for such year, plus a net amount reasonably determined by Renco to cover DoeRun Federal Income Tax Liabilities attributable to current or prior taxable years that is not otherwise reflected in the DoeRun Pro Forma Federal Return for such years; and (y) the aggregate amount of the quarterly payments of the DoeRun Current Federal Income Tax Provision for such year made pursuant to Section 2(b)(i) of this Agreement. On or before October 15 following the end of the taxable year of any year for which payments are to be made under this Agreement, DoeRun shall pay to Renco the DoeRun Combined State Tax Liability as reflected on the DoeRun Pro Forma Combined State Return.
Reconciliation of Payments. Thorntons shall have 30 days following the receipt of any payment pursuant to Section 4.04 to contest any amounts of such payment. In the event that Thorntons shall initiate any such contest, it must be made by written notice to the City and accompanied by supporting evidence. If such contest shows that the amount paid to Thorntons was less or more than the amount that should have been paid to Thorntons (the “Discrepancy”) and the City agrees with the Discrepancy, either the City shall pay Thorntons the balance of such amount due within 30 days of the completion of such contest or Thorntons shall pay to the City the amount of any over payment within 30 days of the completion of such contest, whichever is applicable
Reconciliation of Payments. On or before November 1 following -------------------------- the end of the taxable year of any year for which payments are to be made under this Agreement, Kraft shall pay to Companies, or Companies shall pay to Kraft, as appropriate, an amount equal to the difference, if any, between: (x) the Kraft Federal Income Tax Liability reflected on the Kraft Pro Forma Federal Return for such year, plus a net amount reasonably determined by Companies to cover Kraft Federal Income Tax Liabilities attributable to current or prior taxable years that is not otherwise reflected in the Kraft Pro Forma Federal Return for such years; and (y) the aggregate amount of the quarterly payments of the Kraft Current Federal Income Tax Provision for such year made pursuant to Section 2(b)(i) of this Agreement. On or before December 15 following the end of the taxable year of any year for which payments are to be made under this Agreement, Kraft shall pay to Companies the Kraft Combined State Tax Liability as reflected on the Kraft Pro Forma Combined State Return.
Reconciliation of Payments. The Parties upon written request of TENEX shall reconcile payments under Agreement in force and sign reconciliation protocol in two originals form of which is to be provided by TENEX as stated below or draw up disagreement protocol; The Law Firm shall fill in, sign and return one original of reconciliation protocol to TENEX within 5 (five) business days from the date of respective TENEX’s request with the form of reconciliation protocol attached. Publication of Agreement and Appendices thereto on website xxx.xxxxxxx.xxx.xx The Parties are hereby informed of and give their consent to the Agreement/appendices thereto being made publicly available in accordance with Federal Law No. 223-FZ “On Procurement of Goods, Works, and Services by Legal Entities of Certain Types”, dated 18 July 2011, and other applicable regulations, on the official website xxx.xxxxxxx.xxx.xx. Law Firm is hereby duly notified that in case of breach of present Agreement, facts and documents related to the breach will be retained and accumulated in the system “Suppliers’ goodwill ratings calculations” run on xxx.xxx.xxxxxxx.xx in accordance with industry guidelines on business reputation evaluation approved by ROSATOM. The following list of reasons will be grounds to retain and accumulate the information in the system. The list is provided for the sake of example only. 1) penalties acknowledged by the Law Firm and imposed due to breach by the Law Firm of its obligations and/or damages incurred due to such breach; 2) Service quality claims acknowledged by the Law Firm or damages incurred due to inferior quality of the Services; 3) arbitral awards or court judgments ordering payments by Law Firm of penalties and (or) damages incurred due to breach by Law Firm of its obligations; 4) arbitral awards or court judgments confirming inferior quality of services and the damage such inferiority inflicted; 5) confirmed by arbitral awards or court judgments facts of rendering of the Services by Law Firm that infringe third parties’ rights; 6) any instances of fraud committed by the Law Firm during the stage of signing or implementing this Agreement. Law Firm is hereby notified that the information retained and accumulated by the system “Suppliers’ goodwill rating’s calculations” may be used by TENEX for evaluating the Law Firm in tender procurement procedures in future. Anti-Corruption Clause Parties are and will remain in compliance with all applicable laws and regulations including any applicable a...
Reconciliation of Payments. A final reconciliation together with documentation supporting a calculation of the Net Proceeds in accordance with Section 7 and closing daily balances will be delivered to the Company by the Purchaser within 10 days following the Adjustment Date. Any balance resulting from the reconciliation shall be due immediately and paid by electronic funds transfer in immediately available funds, within 10 days after delivery of the reconciliation by the Purchaser to the Company. If the final payment described in this paragraph due to either party is less than $10,000 in total, it is hereby waived by the party to whom such payment would be made. If the Net Proceeds are in excess of the Base Amount plus interest as set forth in Section 7.2 above, such excess shall be paid by the Purchaser to the Company by wire transfer in immediately available funds. If the Net Proceeds are less than the Base Amount plus interest as set forth in Section 7.2 above, the shortfall shall be paid by the Company to the Purchaser by wire transfer in immediately available funds. Prior to June 1, 1999, at the Company's option, a reasonably estimated shortfall payment by the Company may be made once with additional Common Stock. If the Company elects to make such estimated payment with Common Stock, the number of shares to be issued to the Purchaser (the "Additional Shares") shall equal the estimated shortfall divided by the Additional Shares Average Closing Price.
