Runoff Period definition
Examples of Runoff Period in a sentence
On or prior to the later of (i) 30th day following the Termination Date and (ii) the tenth Business Day following the end of the Run-off Period, if applicable, (in either case, the “Final Settlement Date”), MSCG shall calculate a final accounting and true up of all amounts owed by TRC to MSCG or by MSCG to TRC under this Agreement and all other Transaction Documents, (such amount, the “Termination Payment Amount”).
After termination of this Agreement and after the completion of any Run-off Period, MSCG shall assign to TRC all shipper history generated during the Term that is attributable to sales of Crude Oil under this Agreement, subject to any required consents by the Pipelines.
Records must be provided and made available to ASES for inspection and audit for a period of seven (7) years from the date of final payment under the Contract, the Transition Period or the Runoff Period, as applicable.
MSCG and PBF agree that PBF will be permitted to utilize capacity in the Tanks to store its Products as such Products exit the Refinery processing units and the storage of Products in the Tanks will be commingled during the Run-off Period, as provided in the Storage Agreement.
The Capacity Charge shall be payable Monthly in arrears in accordance with clause 13.5; provided that no Capacity Charge shall be payable in respect of a Run-off Period or a Maintenance Period or any other period of unavailability (which shall include, for the avoidance of doubt and without limitation, any unplanned unavailability).
Concurrent with its written request to include the Run-off Period, Eisai shall pay to Arena CHF […***…].
The final date upon which the Contractor is required to provide Administrative Services hereunder including any services rendered during the Transition Period, but excluding the Runoff Period, as described in Articles 34 and 35 of this Contract.
Notwithstanding the termination of this Contract pursuant to this Article 34 for any reason, the Contractor shall remain obligated to provide the Administrative Functions as described in Article 35, including but not limited to the payment of Claims for Covered Services provided to Enrollees prior to the Termination Date and as specified in the Patient’s ▇▇▇▇ of Rights Act through the Runoff Period.
Subject always to Clause 6.3(a), the Service Provider may interrupt any Withdrawal Nomination of the Customer on any Day and Hour in the Service Year where the Facility Operator has interrupted the Service Provider in accordance with the Gas Storage Agreement between the Facility Operator and the Service Provider, provided the Service Provider shall not be entitled to interrupt the Customer’s Withdrawal Nomination in respect of the withdrawals for any Day in a Run-off Period.
For the avoidance of doubt, the Storage Operator shall not interrupt the Customer’s Withdrawal Nomination in respect of the withdrawals by the Customer for any Gas Flow Day in the Run-off Period.