Reconciliation Period. The 12-month period, January 1st through December 31st, used for the purpose of calculating Shared Risk and Pharmacy Budget surpluses or deficits. The first Reconciliation Period shall be the period beginning on the date that HMO Members are first assigned to PPG under this Agreement through December 31st of that calendar year.
Reconciliation Period shall, unless otherwise notified by Buyer to Seller, mean a monthly calendar period.
Reconciliation Period. Landlord, for the duration of the Tenant’s Occupancy Period, shall provide to Tenant a Reconciliation Statement of Total Operating Expenses (“Reconciliation”) on an annual basis, within ninety (90) days following the close of the calendar year stating the amount of Additional Rent. Landlord will provide a breakdown of Taxes, Insurance, Utility, Operating Expenses, and additional expenses that were paid by Xxxxxx, the Tenant’s Pro Rata Share and the Property Area in comparison to costs incurred by Landlord for that year. Tenant will have ninety (90) days upon receiving Landlord’s Reconciliation to review any credits or invoices. Tenant shall, in its sole discretion, determine whether the reconciliation documentation is satisfactory. If the documents are deemed satisfactory, Tenant shall submit payment within sixty (60) days or the Landlord shall issue a credit, whichever is applicable. If Tenant determines the reconciliation documentation is not sufficient, Landlord must submit the necessary additional documentation. Xxxxxxxx expressly agrees and acknowledges that Xxxxxx has a right to audit Landlord’s Reconciliation invoices and credits and Landlord agrees to provide receipts and invoices from third party providers to remedy any disputes. Additional Rents not to exceed the amounts herein established in Article 8.
Reconciliation Period. The term “Reconciliation Period” has the meaning set forth in Section 1.07(b).
Reconciliation Period. Each annual reconciliation period for determining shared revenues for providing lateral interruptible services will be the twelve months ended July 31, with Transition Year and Partial Year reconciliation periods, as set forth in the Stipulation and Agreement approved in Docket No. RP20-921-000. In Pipeline’s first annual FRQ report filed following the Settlement Effective Date, Pipeline shall include any applicable crediting for each Transition Year(s) that occurred prior to the Settlement Effective Date or in which the Settlement Effective Date occurred.
Reconciliation Period. By no later than March 31, 2003, Digene shall provide Roche with the final summary of the confirmed Repurchased Equipment. If such reconciliation activities reveal that some equipment repurchased did not meet the definition of Placed Equipment, Option Equipment, or Inventoried Equipment, or result in a final Repurchase Price different than the Repurchase Price determined in accordance with Section 4 of this Amendment No. 3, on such date Digene shall provide Roche with a report of its findings, together with documentation for the basis of any proposed readjustment. Within not later than ten (10) business days after the issuance of such report, subject to the consent of Roche, which consent shall not be unreasonably withheld or delayed:
Reconciliation Period. During each of the six (6) months after the Closing Date and thereafter as necessary from time to time (the “Reconciliation Period”), Seller Parent and Buyer will conduct a reconciliation of all Post-Closing Cash Receipts and Post-Closing Disbursements consistent with this Section 4.4 and the other provisions of this Agreement. Within ten (10) Business Days after the end of the relevant period, Seller Parent shall provide Buyer with documentation on all Post-Closing Cash Receipts collected by either Seller Group Member and Post-Closing Disbursements paid by either Seller Group Member. Within twenty (20) Business Days thereafter, Buyer shall provide Seller Parent with documentation on all Post-Closing Cash Receipts collected by Buyer and all Post-Closing Disbursements paid by Buyer and the allocation of all Post-Closing Cash Receipts and Post-Closing Disbursements between Seller and Buyer in accordance with the terms of this Section 4.4. Each of Seller Parent and Buyer will hold in trust for the other Party all Post-Closing Cash Receipts received until such time as the same have been allocated to the correct Party. Promptly following each reconciliation, and in any event within five (5) business days thereafter, Buyer shall pay Seller Parent, or Seller Parent shall pay Buyer, as applicable, the net amount due to the other Party, or otherwise settle up such amount. For the avoidance of doubt, Buyer may deduct any amounts owed by Seller Parent to Buyer under this Section 4.4 from the License Agreement, which deductions will not be subject to the provisions of Section 6.6. Following the Closing, the Parties shall provide commercially reasonable cooperation with each other in order to effectuate the terms of this Section 4.4, including but not limited to promptly advising customers to direct to Buyer any future payments.
Reconciliation Period. Section 5.2.2 Percentage Rent - Section 5.2.3 Roof Decision Date - Section 5.2.7 Seller's Share - Section 5.2.7 Deed - Section 5.4.1 Assignment and Assumption of Leases - Section 5.4.3 Assignment and Assumption of Service Contracts - Section 5.4.4 SNDA - Section 5.4.13 Act - Section 5.4.14 FIRPTA - Section 5.4.14 Certificates - Section 5.4.15 LP Agreement - Section 5.4.15 L.L.C. Agreement - Section 5.4.15 NJDEP - Section 5.4.18 ISRA - Section 5.4.18 Negative Declaration - Section 5.4.18
Reconciliation Period. The 12 month period used for the purpose of calculating a Shared Risk payable or receivable amount. The first Reconciliation Period will be the 12-month period beginning on the date that Medi-Cal HMO Members are first assigned to PPG for Capitation under this Agreement Subsequent Reconciliation Periods will be for each 12 month period thereafter.
Reconciliation Period. The deferral of Base Rent is conditioned upon the full performance by Tenant of all other obligations under the Lease. The parties hereby agree that it will not be an Event of Default under the Lease for Tenant to defer payment of Base Rent during the Deferral Period, provided that Tenant pays all Deferred Base Rent during the Reconciliation Period in accordance with the payment schedule set forth herein. If Tenant fails to pay the Deferred Base Rent during the Reconciliation Period, then failure to pay the Deferred Base Rent during the Deferral Period shall be an Event of Default and Landlord may exercise any and all rights and remedies available to it under the Lease and at law and equity. Nothing contained in this Amendment shall in any way alter or affect Tenant's obligation to pay Base Rent, Additional Rent or any other sum or amount due under the Lease except as expressly set forth herein. The definition of Base Rent in Section 1.1 of the Lease is hereby amended as follows: Lease Year Base Rent per Square Foot of Rentable Area (per year) Annual Base Rent Monthly Base Rent 1 S8.50 $ 137,700.00 $ 11,475.00 $ 10.75 * $ 174,150.00 $ 14,512.50 3 $ 12.00 SI 94,400.00 $ 16,200.00 4 $ 12.25 $ 198,450.00 $ 16,537.50 5 $ 12.50 $ 202,500.00 $ 16,875.00 * Notwithstanding the foregoing, Base Rent shall be deferred during the months of October,November and December of 2008 and Base Rent shall equal $21,540.12 for the months of January, February, March, April, May and June of 2009.
