Reconciliation Account definition

Reconciliation Account has the meaning given to that term in Clause 20.4.
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Reconciliation Account has the meaning given to that term in Clause 7.4.
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Reconciliation Account means account number 000005485 established and maintained by the Servicer at the Reconciliation Account Bank, into which collections in respect of the Receivables shall be deposited in accordance with Sections 5.02(a) and (b) of this Agreement.
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Examples of Reconciliation Account in a sentence

  • These estimated costs are reconciled to actual costs through the Reconciliation Adjustment and accumulated in the Reconciliation Account.

  • There are no adjustments to the Fixed Component; therefore, the representative pages included in this reconciliation report have been labeled “No Adjustments”.However, in accordance with Section 1.1.4 of the CTC formula, net proceeds from sales of property, whose costs were included in the CTC, have been included in the Reconciliation Account when applicable (Compiled Settlement, page 150, footnote 6).

  • A summary of all other costs and refunds made during the year and the status of the Reconciliation Account.

  • Reconciliation Account - The account maintained by the Company to assure that over time it will neither over nor under collect revenues as a result of the operation of the Cost of Gas Clause.

  • Proceeds from this charge will be credited to the Reconciliation Account.

  • Reconciliation Account & GL Code Entered AmountAFRSAmountDifference (Must be zero)‌ General InstructionsAll agencies with balances at fiscal year-end in inventory GL codes are required to complete the Inventory Disclosure form (90.40.35.A) for all accounts regardless of the value.

  • Where a subsequent Daily Statement for any Settlement Day indicates that, as a result of a subsequent Reconciliation Run or Post-Final Settlement Run, the Use of System Charges in respect of that Settlement Day are different from those included in an Initial Account, the Company shall calculate such difference and the interest thereon and shall submit an account (the Reconciliation Account) in respect of such difference to the User as soon as is reasonably practicable after the end of each charging period.

  • Any surcharge or refund amount will be included in the Reconciliation Account.

  • Refunds or charges shall be entered into the Reconciliation Account as they are collected from or returned to the customers.

  • Where any sum included in an Initial Account or Reconciliation Account submitted in accordance with Clause 20.3 or 20.4 is disputed by the User, the provisions of Schedule 4 shall apply.


More Definitions of Reconciliation Account

Reconciliation Account means a document—
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Reconciliation Account has the meaning given to that term in Clause 20.4. Reconciliation Run has the meaning given to the term “Reconciliation Settlement Run” in the Balancing and Settlement Code. Recoverable Costs has the meaning given to that term in Clause 8.1.
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Related to Reconciliation Account

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.