Recalibration Date definition
Recalibration Date means October 18th and April 18th of each year commencing as of the Moneyline Closing Date and continuing throughout the Term.
Examples of Recalibration Date in a sentence
Any resulting changes in the payment obligations set forth herein shall become effective with the first invoice issued following the most recent Recalibration Date.
Pursuant to any such changes, Reuters shall recalibrate the Moncyline Allocation and Fixed Costs based on internal measurements on the Recalibration Date.
Pursuant to any such changes, Moneyline shall recalibrate the Reuters EU/AP Allocation and costs of the Moneyline Transitional Services based on internal measurements on the Recalibration Date.
Any resulting decrease in the amounts owed by Reuters shall be reflected as a credit to Reuters on the first invoice following the next Recalibration Date.