Termination and Final Accounting Sample Clauses

Termination and Final Accounting. Within 90 Days after the Termination Date, whether by affirmative action of the Entity or by virtue of the provisions of the Applicable Law or pursuant to the terms of this Agreement, the Entity shall provide a final accounting and pay to the Borough the reserve, if any, pursuant to N.J.S.A. 40A:20-15, as well as any Excess Net Profits, if any payable as of that date. For purposes of rendering a final accounting, the termination of the Agreement shall be deemed to be the end of the fiscal year for the Entity.
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Termination and Final Accounting. Within ninety (90) days after the date of termination, whether by affirmative action of Walnut URE or by virtue of the provisions of the Applicable Law or pursuant to the terms of this Financial Agreement, Walnut URE shall provide a final accounting and pay to the Township the reserve, if any, pursuant to the provisions of N.J.S.A. 40A:20-13 and 15 as well as any excess Net Profits, if any, payable as of that date. For purposes of rendering a final accounting, the termination of the Financial Agreement shall be deemed to be the end of the fiscal year for Walnut URE. Section 11.3
Sample 1
Termination and Final Accounting. Within ninety (90) Days after the Termination Date, whether by affirmative action of the Redeveloper or by virtue of the provisions of the Applicable Law or pursuant to the terms of this Financial Agreement, the Redeveloper shall provide a final accounting and pay to the Township the Reserve, if any, pursuant to N.J.S.A. 40A:20-15, as well as any Excess Net Profits, if any payable as of that date pursuant to the provisions of N.J.S.A. 40A:20-13 and N.J.S.A. 40A:20-
Sample 1
Termination and Final Accounting. (a) This Agreement will terminate automatically if the UHC Joint Venture terminates for any reason, including, without limitation, UHC's exercise of its option to reacquire the U-Care business pursuant to Article 8 of the UHC Joint Venture Agreement. If this Agreement terminates, a payment shall be calculated for the period commencing October 1, 1994 and ending on the date of termination (the "Total Service Payment") in accordance with the method for calculating Service Payments under Section 2(a), subject to Section 2(c). To the extent the Total Service Payment exceeds the aggregate Service Payments previously received by HPI, the excess shall be paid to HPI within 60 days of the date of
Sample 1
Termination and Final Accounting. This Agreement will terminate automatically if the UHC Joint Venture terminates for any reason, including, without limitation, UHC's exercise of its option to reacquire the U-Care business pursuant to Article 8 of the UHC Joint Venture Agreement. If this Agreement terminates, a Royalty shall be calculated for the period commencing October 1, 1994 and ending on the date of termination ("Aggregate Royalties") in accordance with the method for calculating Royalties under Section 2(a), subject to Section 2(c). To the extent that Aggregate Royalties exceed the sum of the Royalties previously received by U-Care, the excess shall be paid to U-Care within 60 days of the date of termination. To the extent the sum of the Royalties previously received by or owed to U-Care exceeds Aggregate Royalties, U-Care shall pay to UWS such excess less the amount of any Royalty owed to U-Care (which shall be canceled) within 60 days of the date of termination, but not in an amount greater than the sum of the Royalties received by U-Care hereunder.
Sample 1

Related to Termination and Final Accounting

  • Final Accounting Upon the dissolution of the Company, a proper accounting shall be made from the date of the last previous accounting to the date of dissolution.

  • Reconciliation and Final Payment Seller and Buyer shall reasonably cooperate after Closing to make a final determination of the allocations and prorations required under this Contract within one hundred eighty (180) days after the Closing Date. Upon the final reconciliation of the allocations and prorations under this Section, the party which owes the other party any sums hereunder shall pay such party such sums within ten (10) days after the reconciliation of such sums. The obligations to calculate such prorations, make such reconciliations and pay any such sums shall survive the Closing.

  • Additional Accounting Services Ultimus shall also perform the following additional accounting services for each Portfolio:

  • Statements of Reconciliation after Change in Accounting Principles If, as a result of any change in accounting principles and policies from those used in the preparation of the Historical Financial Statements, the consolidated financial statements of Holdings and its Subsidiaries delivered pursuant to Section 5.1(b) or 5.1(c) will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such subdivisions had no such change in accounting principles and policies been made, then, together with the first delivery of such financial statements after such change, one or more statements of reconciliation for all such prior financial statements in form and substance satisfactory to Administrative Agent;

  • Termination of Obligations to Effect Closing; Effects (a) The obligations of the Company, on the one hand, and the Investors, on the other hand, to effect the Closing shall terminate as follows:

  • Unavailability of Tenor of Benchmark Notwithstanding anything to the contrary herein or in any other Loan Document, at any time (including in connection with the implementation of a Benchmark Replacement), (A) if the then-current Benchmark is a term rate (including the Term SOFR Reference Rate) and either (1) any tenor for such Benchmark is not displayed on a screen or other information service that publishes such rate from time to time as selected by the Administrative Agent in its reasonable discretion or (2) the regulatory supervisor for the administrator of such Xxxxxxxxx has provided a public statement or publication of information announcing that any tenor for such Benchmark is not or will not be representative, then the Administrative Agent may modify the definition of “Interest Period” (or any similar or analogous definition) for any Benchmark settings at or after such time to remove such unavailable or non-representative tenor and (B) if a tenor that was removed pursuant to clause (A) above either (1) is subsequently displayed on a screen or information service for a Benchmark (including a Benchmark Replacement) or (2) is not, or is no longer, subject to an announcement that it is not or will not be representative for a Benchmark (including a Benchmark Replacement), then the Administrative Agent may modify the definition of “Interest Period” (or any similar or analogous definition) for all Benchmark settings at or after such time to reinstate such previously removed tenor.

  • Effect of Benchmark Transition Event (i) If the Calculation Agent determines that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred prior to the Reference Time (as defined below) in respect of any determination of the Benchmark (as defined below) on any date, the Benchmark Replacement will replace the then-current Benchmark for all purposes relating to the Subordinated Notes during the relevant Floating Interest Period in respect of such determination on such date and all determinations on all subsequent dates.

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