Quarterly True-Up definition

Quarterly True-Up means the Quarterly True-Up, defined and calculated as set forth in Schedule 1.
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Quarterly True-Up has the meaning given this term in Section 5.1(b).
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Examples of Quarterly True-Up in a sentence

  • In the event that the Quarterly True-Up is an amount less than zero, the absolute value of such amount shall be payable by Regeneron to Company in accordance with the terms set forth in Article 9.

  • In the event that the Quarterly True-Up is an amount greater than zero, such amount shall be payable by Company to Regeneron in accordance with the terms set forth in Article 9.

  • The following table summarizes the adjustment frequency of the Environmental Control Charges with respect to the Series [ ] Environmental Control Bonds: Semi-Annual True-Up Adjustments [______________] Monthly True-Up Adjustments [______________] Quarterly True-Up Adjustments [______________] The first Semi-Annual True-Up Adjustment will become effective on [______________].

  • The Parties shall make Quarterly True-Up payments as set forth in Schedule 2.

  • On each Quarterly Calculation Date and Monthly Calculation Date, the Servicer may file a Quarterly True-Up Adjustment Filing or Monthly True-Up Adjustment Filing, as the case may be, if necessary.

  • In the event that the Quarterly True-Up is an amount greater than zero, such amount shall be payable by Sanofi to Regeneron in accordance with the terms set forth in Article 9.

  • If there is no Variance, the Servicer shall not file a Routine Quarterly True-Up Mechanism Advice Letter with the CPUC.

  • If Regeneron is the Party owing the Quarterly True-Up payment based on the calculations in the applicable Consolidated Payment Report, it shall, subject to Section 9.12, make such payment to Sanofi within fifteen (15) days after its receipt of such Consolidated Payment Report from Sanofi.

  • The following table summarizes the adjustment frequency of the Environmental Control Charges with respect to the Series A Environmental Control Bonds: Semi-Annual True-Up Adjustments January 15, July 15 Monthly True-Up Adjustments The fifteenth day of each calendar month Quarterly True-Up Adjustments January 15, April 15, July 15, October 15 The first Semi-Annual True-Up Adjustment will become effective on July 15, 2007.

  • If Sanofi is the Party owing the Quarterly True-Up payment based on the calculations in the applicable Consolidated Payment Report, it shall, subject to Section 9.12, make such payment to Regeneron within fifteen (15) days after its delivery to Regeneron of such Consolidated Payment Report.