WIRE TRANSFER AND RECONCILIATION Sample Clauses

WIRE TRANSFER AND RECONCILIATION. 1. On a monthly basis and in a format to be set by United, Contractor will provide an estimate of its monthly i.) Carrier Controlled Costs with Markup, assuming C Performance Level, and ii.) Actual Controllable Completion performance based on three (3) months rolling average not to exceed ****%, and iii.) Pass Through Costs, excluding aircraft property tax (which never have a Markup). This estimate will be based upon the schedule to be operated during the upcoming month and shall be provided no later than 7 days prior to the start of the month in which the wire transfers shall be made. United retains the right to modify which Pass Through Costs shall be pre-payable to Contractor and will provide at least thirty (30) days notice of any planned changes. Once agreed to by United, these total costs will be divided by the number of Wednesdays in the month and wire transferred by United to Contractor each Wednesday. If United objects to such estimate, United retains the right to withhold payment of only such costs that are objected to by United, which will then be subject to the reconciliation process outlined in Article VIII.D.2. If United objects to such estimate, it shall provide written notice of such objection, which shall include a detailed statement of the specific grounds for its objection, within three (3) business days after its receipt of such estimate.
Sample 1Sample 2
AutoNDA by SimpleDocs
WIRE TRANSFER AND RECONCILIATION. 1. On a monthly basis, Contractor will provide an estimate of its *, assuming C Performance Level and assuming a *, plus its * which never have a *. This estimate will be based upon the schedule to be operated during the upcoming month and shall be provided no later than * prior to the start of the month in which the wire transfers shall be made. These total costs will be divided by the number of * in the month and wire transferred by United to Contractor each *. ----------------------------- *Confidential Treatment Requested
Sample 1Sample 2
WIRE TRANSFER AND RECONCILIATION. 1. On a monthly basis and in a format to be set by United, Contractor will provide an estimate of its monthly Carrier Controlled Costs with Markup, assuming C Level Performance and assuming a [*] Completion factor and a [*] load factor, plus its Pass Through Costs (which are never subject to Markup) with the exception of Markup on aircraft ownership costs and Markup on the one-time start-up costs for new aircraft, each of which shall be paid in full. This estimate will be based upon the schedule to be operated during the upcoming month and shall be provided no later than 7 days prior to the start of the month in which the wire transfers shall be made. [*] If such day falls on a Saturday the payment will be made the previous business day. If such day falls on a Sunday or Holiday the payment will be made on the following business day. If United objects to such estimate, United retains the right to withhold payment of only such costs that are objected to by United, which will then be subject to the reconciliation process outlined in Article VIII.D.2. If United objects to such estimate, it shall provide written notice of such objection, which shall include a detailed statement of the specific grounds for its objection, within 3 business days after its receipt of such estimate.
Sample 1

Related to WIRE TRANSFER AND RECONCILIATION

  • Wire Transfer All settlements in accordance with this Agreement shall be made by wire transfer of immediately available funds on the due date, or if such day is not a Business Day, on the next day which is a Business Day, pursuant to the following wire transfer instructions: [ ]. Payment may be made by check payable in immediately available funds in the event the party entitled to receive payment has failed to provide wire transfer instructions.

  • General Provisions Regarding Payment; Loan Account (a) All payments to be made by each Borrower under any Financing Document, including payments of principal and interest made hereunder and pursuant to any other Financing Document, and all fees, expenses, indemnities and reimbursements, shall be made without set-off, recoupment or counterclaim. If any payment hereunder becomes due and payable on a day other than a Business Day, such payment shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest thereon shall be payable at the then applicable rate during such extension (it being understood and agreed that, solely for purposes of calculating financial covenants and computations contained herein and determining compliance therewith, if payment is made, in full, on any such extended due date, such payment shall be deemed to have been paid on the original due date without giving effect to any extension thereto). Any payments received in the Payment Account before 12:00 Noon (Eastern time) on any date shall be deemed received by Agent on such date, and any payments received in the Payment Account at or after 12:00 Noon (Eastern time) on any date shall be deemed received by Agent on the next succeeding Business Day.

  • Wire Transfers Coordinate and implement bank-to-bank wire transfers in connection with Series share purchases and redemptions by Institutions;

  • Wire Transfer Instructions I will wire funds from my outside account according to the “Subscription Instructions” Page. ____ I will wire funds from my Aegis Capital Account. ____The funds for this investment are rolled over, tax deferred from __________ within the allowed 60 day window. Investor Signature Date Investor Signature Date

  • Wire Transfer Operating Guidelines Articles 4A of the Uniform Commercial ------------------------------------------------------------------------ Code ----

  • Payments by Wire-Transfer All payments under this Single Family Shared-Loss Agreement shall be made by wire-transfer in accordance with the wire-transfer instructions on Exhibit 4.

  • Allocation of Brokerage The Subadviser shall have authority and discretion to select brokers and dealers to execute Designated Series transactions initiated by the Subadviser, and to select the markets on or in which the transactions will be executed.

  • Cooperation and Records Retention Seller and Buyer shall (i) each provide the other with such assistance as may reasonably be requested by any of them in connection with the preparation of any return, audit, or other examination by any taxing authority or judicial or administrative proceedings relating to liability for Taxes, (ii) each retain and provide the other with any records or other information that may be relevant to such return, audit or examination, proceeding or determination, and (iii) each provide the other with any final determination of any such audit or examination, proceeding, or determination that affects any amount required to be shown on any tax return of the other for any period. Without limiting the generality of the foregoing, Buyer and Seller shall each retain, until the applicable statutes of limitations (including any extensions) have expired, copies of all tax returns, supporting work schedules, and other records or information, in a timely manner, as and that may be relevant to such returns for all tax periods or portions thereof ending on or before the Closing Date and shall not destroy or otherwise dispose of any such records without first providing the other party with a reasonable opportunity to review and copy the same.

  • Billing and Collection The Originating party shall xxxx and collect such information service charges and shall remit the amounts collected to the Terminating Party less:

Time is Money Join Law Insider Premium to draft better contracts faster.