Results of Examination Sample Clauses

Results of Examination. If an employee after examination is found to be unable to perform the material and substantial duties of the position, then the employee may utilize accumulated unused sick leave or other leave benefits (including, but not limited to Worker’s Compensation, if eligible). Employees who have been determined by an examination to be unable to perform the material and substantial duties of their position may submit a report or results of an examination by a practitioner of the employee’s choosing with the cost borne by the employee or the employee's insurance if applicable. If the two examinations differ in their conclusions as to the employee’s ability to perform the material and substantial duties of the position then the attending examiners shall appoint a third neutral examiner to conduct an examination whose findings shall be considered final and shall not be appealable under the grievance procedure.
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Results of Examination. If any examination of the Licensee’s records shows that Licensee has paid more than required under this Agreement, any excess amounts shall, at Licensee’s option, be promptly refunded or credited against future royalties with interest from the date of overpayment at [***]. If any examination of the Licensee’s records shows that Licensee has paid less than required under this Agreement, Licensee shall promptly pay the additional amount due together with interest and late fees as required under this Agreement for late payments. If the amount of underpayment exceeds [***] percent ([***]%) of the amount which should have been paid, Licensee shall also pay all reasonable costs of such examination.
Results of Examination. If any examination under Paragraph 6.1 shows that the license fees due ASCAP from Licensee have been underpaid by 10% or more, then Licensee shall pay a late payment fee on the balance shown due of 1% per month from the date(s) the license fees should have been paid pursuant to this Agreement. If any such examination shows that the license fees due ASCAP from Licensee have been underpaid by less than 10%, then Licensee shall pay a late payment fee on the balance shown due of 1% per month from the date ASCAP demands payment of such amount. However, no such late payment charge shall be assessed if payment of the license fee balance shown due is made within 45 days of receipt of written notification from ASCAP of underpayment. If such examination shows an overpayment of license fees, then ASCAP shall credit or refund the amount of such overpayment, at Licensee’s election, within 30 days. Late payment fees payable under this Paragraph 6.2 shall only be for a maximum period that is coterminous with the period for which additional license fees are owed pursuant to ASCAP’s audit examination.
Results of Examination. If any examination of ADHEREX’S records shows that ADHEREX has paid more than required under the Agreement, any excess amounts shall, at ADHEREX’S option, be promptly refunded or credited against future royalties with interest from the date of overpayment at the Royal Bank of Canada’s Prime Rate minus 1%. If any examination of ADHEREX’S records show that ADHEREX has paid less than required under this agreement, ADHEREX shall promptly pay the additional amount due together with interest and late fees as required under this agreement for late payments. If the amount of underpayment exceeds ten percent (10%) of the amount that should have been paid, ADHEREX shall also pay all reasonable costs of such examination. For more certainty, in the case of disagreement between the Parties with respect to the conclusions resulting from examination of ADHEREX’S records, such disagreement shall be subject to section 12 herein. 8 PERFORMANCE
Results of Examination. Based on the applicable grounds above, it is hereby determined that the application filed by Xxxxxxx Korea, Ltd. is granted and the full amount of rent payable by Xxxxxxx Korea, Ltd. shall be exempted.

Related to Results of Examination

  • Financial Condition There shall have been no material adverse change, as determined by Bank, in the financial condition or business of Borrower, nor any material decline, as determined by Bank, in the market value of any collateral required hereunder or a substantial or material portion of the assets of Borrower.

  • Financial Statements, etc The financial statements, including the notes thereto and supporting schedules included in the Registration Statement, the Pricing Disclosure Package and the Prospectus, fairly present the financial position and the results of operations of the Company at the dates and for the periods to which they apply; and such financial statements have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”), consistently applied throughout the periods involved (provided that unaudited interim financial statements are subject to year-end audit adjustments that are not expected to be material in the aggregate and do not contain all footnotes required by GAAP); and the supporting schedules included in the Registration Statement present fairly the information required to be stated therein. Except as included therein, no historical or pro forma financial statements are required to be included in the Registration Statement, the Pricing Disclosure Package or the Prospectus under the Securities Act or the Securities Act Regulations. The pro forma and pro forma as adjusted financial information and the related notes, if any, included in the Registration Statement, the Pricing Disclosure Package and the Prospectus have been properly compiled and prepared in accordance with the applicable requirements of the Securities Act and the Securities Act Regulations and present fairly the information shown therein, and the assumptions used in the preparation thereof are reasonable and the adjustments used therein are appropriate to give effect to the transactions and circumstances referred to therein. All disclosures contained in the Registration Statement, the Pricing Disclosure Package or the Prospectus regarding “non-GAAP financial measures” (as such term is defined by the rules and regulations of the Commission), if any, comply with Regulation G of the Exchange Act and Item 10 of Regulation S-K of the Securities Act, to the extent applicable. Each of the Registration Statement, the Pricing Disclosure Package and the Prospectus discloses all material off-balance sheet transactions, arrangements, obligations (including contingent obligations), and other relationships of the Company with unconsolidated entities or other persons that may have a material current or future effect on the Company’s financial condition, changes in financial condition, results of operations, liquidity, capital expenditures, capital resources, or significant components of revenues or expenses. Except as disclosed in the Registration Statement, the Pricing Disclosure Package and the Prospectus, (a) neither the Company nor any of its direct and indirect subsidiaries, including each entity disclosed or described in the Registration Statement, the Pricing Disclosure Package and the Prospectus as being a subsidiary of the Company (each, a “Subsidiary” and, collectively, the “Subsidiaries”), has incurred any material liabilities or obligations, direct or contingent, or entered into any material transactions other than in the ordinary course of business, (b) the Company has not declared or paid any dividends or made any distribution of any kind with respect to its capital stock, (c) there has not been any change in the capital stock of the Company or any of its Subsidiaries, or, other than in the course of business, any grants under any stock compensation plan, and (d) there has not been any material adverse change in the Company’s long-term or short-term debt.

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