Time of Payment; Adjustments Sample Clauses

Time of Payment; Adjustments. The Retention Fee for each Contract Year shall be made in thirteen installments
Sample 1
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Time of Payment; Adjustments. The Additional Option Payment for each Contract Year shall be made in thirteen installments comprising (i) twelve equal monthly installments based on the Estimated Additional Option Payment for that Contract Year, payable on the last day of each month during the Contract Year, and (ii) a final installment consisting of the amount, if any, by which the Additional Option Payment exceeded the Estimated Additional Option Payment for that Contract Year, payable within thirty days after the close of the Contract Year. If the Estimated Additional Option Payment paid on account of a particular Contract Year exceeds the actual Additional Option Payment for that Contract Year, the Clearview Group (i) shall be entitled to deduct such excess (the "Refundable Amount") from (A) the Additional Option Payment for the succeeding Contract Year, deducting the full Refundable Amount from the initial installment and continuing to deduct the remaining portion of the Refundable Amount from each successive installment until the Refundable Amount has been satisfied in full or (B) if the Clearview Group shall have exercised the Option, from the Purchase Price, or (ii) in the case of the Fifth Contract Year if the Clearview Group shall not have exercised the Option, shall be entitled to a cash refund of such excess within thirty days following the end of the Fifth Contract Year.
Sample 1

Related to Time of Payment; Adjustments

  • Subsequent Adjustments In the event that the Assuming Institution or the Receiver discovers any errors or omissions as contemplated by Section 8.2 or any error with respect to the payment made under Section 8.3 after the Settlement Date, the Assuming Institution and the Receiver agree to promptly correct any such errors or omissions, make any payments and effect any transfers or assumptions as may be necessary to reflect any such correction plus interest as provided in Section 8.4.

  • Proration of Payments If any Lender shall obtain any payment or other recovery (whether voluntary, involuntary, by application of offset or otherwise, on account of (a) principal of or interest on any Loan, but excluding (i) any payment pursuant to Section 8.7 or 15.6 and (ii) payments of interest on any Affected Loan) or (b) its participation in any Letter of Credit) in excess of its applicable Pro Rata Share of payments and other recoveries obtained by all Lenders on account of principal of and interest on the Loans (or such participation) then held by them, then such Lender shall purchase from the other Lenders such participations in the Loans (or sub-participations in Letters of Credit) held by them as shall be necessary to cause such purchasing Lender to share the excess payment or other recovery ratably with each of them; provided that if all or any portion of the excess payment or other recovery is thereafter recovered from such purchasing Lender, the purchase shall be rescinded and the purchase price restored to the extent of such recovery.

  • Interest Rate Adjustments With respect to each ARM Mortgage Loan, all Mortgage Interest Rate adjustments have been made in strict compliance with state and federal law and the terms of the related Mortgage Note. Any interest required to be paid pursuant to state and local law has been properly paid and credited.

  • Conversion Price Adjustments The conversion price shall be subject to adjustment (without duplication) from time to time as follows:

  • Adjustment Payments At least annually, and more frequently throughout the year if mutually agreed to by the parties, an adjustment payment shall be made by the appropriate party in order that the payments remitted by LIA to each Fund with respect to the previous fiscal year shall equal the Excess Amount for that Fund.

  • True-Up Adjustments From time to time, until the Retirement of the Recovery Bonds, the Servicer shall identify the need for True-Up Adjustments and shall take all reasonable action to obtain and implement such True-Up Adjustments, all in accordance with the following:

  • Fee Adjustments The fixed fees and other fees expressed as stated dollar amounts in this Schedule C and in this Agreement are subject to annual increases, commencing on the one-year anniversary date of the date of this Agreement, in an amount equal to the percentage increase in consumer prices for services as measured by the United States Consumer Price Index entitled “All Services Less Rent of Shelter,” or a similar index should such index no longer be published, since such one-year anniversary or since the date of the last fee increase, as applicable. SCHEDULE D SPECIAL DISTRIBUTION SERVICES AND FEES Services Fees

  • Adjustments to Conversion Price The Conversion Price shall be subject to adjustment from time to time as follows:

  • Adjustments to the Conversion Rate (A) Events Requiring an Adjustment to the Conversion Rate. The Conversion Rate will be adjusted from time to time as follows:

  • Determination of Adjustments If any questions will at any time arise with respect to the Exercise Price or any adjustment provided for in Section 4.8, such questions will be conclusively determined by the Company’s Auditors, or, if they decline to so act any other firm of certified public accountants in the United States of America that the Company may designate and who will have access to all appropriate records and such determination will be binding upon the Company and the Holders of the Warrants.

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