Quarterly Settlement Date definition

Quarterly Settlement Date means initially, the first Settlement Date falling in September 2002 and, thereafter, until the Termination Date, the first Settlement Date falling in the calendar month following the calendar month of the immediately preceding Quarterly Settlement Date;
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Quarterly Settlement Date means February 15, May 15, August 15 and November 15.
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Quarterly Settlement Date means (i) commencing with the Settlement Period ____ending September 30, 2014 through the Settlement Period Ending December 31, 2017, the 50th day after the end of each Settlement Period (or if such day is not a Business Day, the immediately succeeding Business Day), and (ii) commencing with the Settlement Period ending March 31, 2018 and thereafter, the 15th day after the end of each Settlement Period (or if such day is not a Business Day, the immediately succeeding Business Day).
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Examples of Quarterly Settlement Date in a sentence

  • With respect to a Transaction, Buyer shall accept AECs as provided by Seller pursuant to Section 2.1 (Seller’s Obligation to Provide AECs), and shall pay Seller the Quarterly Settlement Amount for such AECs on the applicable Quarterly Settlement Date in accordance with Section 5.3 (Payments of the Invoice).

  • Parking Company may invalidate any such notice to terminate delivered by Metro by depositing into the Metro Account on the next Quarterly Settlement Date sufficient funds to fully fund the Operating Expense Account and Capital Expense Account, pay the Annual Metro Payment due for the preceding Quarter and satisfy all Annual Metro Payment Shortfalls and all Annual Metro Payment Shortfall Interest due and outstanding.

  • Buyer and Seller shall discharge mutual debts and payment obligations due and owing to each other under this Agreement, as of the Quarterly Settlement Date, such that all amounts owed by each Party to the other Party shall be reflected in a single amount due to be paid by the Party who owes it and received by the other Party, provided that the calculation of the net amount shall not include any disputed amounts being withheld pursuant to Section 5.3 (Billing Disputes and Adjustments of Invoices).

  • All payments shall be made by “Electronic Funds Transfer” (“EFT”) via “Automated Clearing House” (“ACH”), unless otherwise agreed to by the Parties, to a bank designated in writing by such Party, by 12:00 p.m. EPT on the Quarterly Settlement Date.


More Definitions of Quarterly Settlement Date

Quarterly Settlement Date means the last Business Day of the Month following the end of each Quarter or such earlier date in that month as is from time to time agreed by Parking Company and Metro at the Quarterly Meeting.
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Quarterly Settlement Date means the last calendar day of February, May, August and November of each year.
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Quarterly Settlement Date means the last calendar day of February, May, August and November of each year and with reference to the Extraordinary Payment Date, the Extraordinary Quarterly Settlement Date. Trigger Events The Terms and Conditions provide the following Trigger Events:
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Quarterly Settlement Date means the last calendar day of March, June, September and December of each year.Trigger Events The Terms and Conditions provide the following Trigger Events:
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Quarterly Settlement Date means the last calendar dayof February, May, August and November of each year. Trigger Events The Terms and Conditions provide the following Trigger Events:
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Quarterly Settlement Date means, with respect to any Quarterly Settlement Period, the date(s) determined to coincide with the PJM Settlement Date(s) pursuant to the PJM Agreements that is in the month after the month in which AECs have been Delivered by the Seller for purposes of determining the Quarterly Settlement Quantity. In the event that PJM institutes multiple Settlement Dates in a given month pursuant to the PJM Agreements, the Quarterly Settlement Date will be last PJM Settlement Date in that month.
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Quarterly Settlement Date means the last calendar day of March, June, September and December of each year. The First Quarterly Settlement Date falls on 31 March 2013.
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