Resetting Clause Samples

The Resetting clause establishes a mechanism for recalculating or adjusting certain contractual terms, such as interest rates, payment amounts, or other financial variables, at specified intervals or upon the occurrence of defined events. In practice, this clause might apply to loan agreements where the interest rate is periodically updated based on a benchmark rate, or to commercial contracts where pricing is adjusted in response to market changes. Its core function is to ensure that the contract remains fair and reflective of current conditions, thereby managing risk and maintaining balance between the parties over time.
Resetting. Stone generally weighs between 150 and 175 pounds per cubic foot. This means that the average monument may outweigh the person attempting to reset it – a recipe for considerable damage to both the stone and anyone around it. As a result, the Department recommends that leaning or fallen monuments be reset by a monument company or trained cemetery personnel.
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Resetting. The construction methods for resetting all curbing in the final location shall conform to the requirements set forth in Section 580 of the “Standard Specifications for Highways and Bridges,” Commonwealth of Massachusetts, Department of Public Works, 2023 Edition, as amended and corrected.
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Resetting. The change of credit date from the original credit date indicated in the PDC File and PDC Deposit Slip. This may be an instruction to defer posting to account of the PDCs without actually retrieving the PDCs.
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Related to Resetting

  • Settings Review the items on the Settings menu for both Game Reports and Season Re- ports; you may need to tailor these settings for your venue. These software settings are saved separately for each games directory.

  • Rates The Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, (a) the continuation of, administration of, submission of, calculation of or any other matter related to the Base Rate, the Term SOFR Reference Rate, Adjusted Term SOFR or Term SOFR, or any component definition thereof or rates referred to in the definition thereof, or any alternative, successor or replacement rate thereto (including any Benchmark Replacement), including the selection of such rate and any related spread or other adjustment or whether the composition or characteristics of any such alternative, successor or replacement rate (including any Benchmark Replacement) will be similar to, or produce the same value or economic equivalence of, or have the same volume or liquidity as, the Base Rate, the Term SOFR Reference Rate, Adjusted Term SOFR, Term SOFR or any other Benchmark prior to its discontinuance or unavailability or (b) the effect, implementation or composition of any Conforming Changes. The Administrative Agent and its Affiliates or other related entities may engage in transactions that affect the calculation of the Base Rate, the Term SOFR Reference Rate, Term SOFR, Adjusted Term SOFR, any alternative, successor or replacement rate (including any Benchmark Replacement) or any relevant adjustments thereto, in each case, in a manner adverse to the Loan Parties. The Administrative Agent may select information sources or services in its reasonable discretion to ascertain the Base Rate, the Term SOFR Reference Rate, Term SOFR, Adjusted Term SOFR or any other Benchmark, or any component definition thereof or rates referred to in the definition thereof, in each case, pursuant to the terms of this Agreement, and shall have no liability to any Loan Party, any Lender or any other Person or entity for damages of any kind, including direct or indirect, special, punitive, incidental or consequential damages, costs, losses or expenses (whether in tort, contract or otherwise and whether at law or in equity), for any error or calculation of any such rate (or component thereof) provided by any such information source or service.

  • Benchmarking The Parties shall comply with the provisions of Framework Schedule 12 (Continuous Improvement and Benchmarking) in relation to the benchmarking of any or all of the Goods and/or Services.

  • Estimating Marketing and sales:

  • Rate Increases In the event that this Agreement is renewed pursuant to Section 3.1.2, the rate set forth in Exhibit “C” may be adjusted each year at the time of renewal as set forth in Exhibit “C.”