Account Adjustments. Any payments due under this clause 5 will, subject to clause 10 of this Agreement, be made by us debiting or crediting the Account with effect immediately after the relevant Valuation Time.
Account Adjustments. The Municipality agrees to notify the State within seven days of the date that a debt has been settled through payment in full or compromise. The Municipality agrees to advise the State at least one time per calendar year of payments received and applied to debts placed with the Setoff Program, and of debt interest accumulations occurring since the last account adjustment report. The annual account adjustments may be provided upon return of the master listing to the Setoff Program, which master listing will be provided to the Municipality during the last quarter of each calendar year. The Municipality is not precluded from making more frequent reports of account adjustments. Upon notification that a match has been made against a debt owed to a Municipality, the Municipality shall notify the Setoff Program in writing within 10 days of any necessary adjustments to the account.
Account Adjustments. If a Participant or Beneficiary requests and is granted a loan, principal and interest payments with respect to the loan shall be credited solely to the Account of the borrowing Participant from which the loan was made. In addition, all repayments of principal and interest shall be reinvested in the Plan in the same manner and in the same proportion as all other Participant contributions would otherwise be invested, based on the Participant’s current investment election. Any loss caused by nonpayment or other default on a Participant’s loan obligations shall be charged solely to his or her Account. Any other loan shall be treated as an investment of the Trust Fund and interest and principal payments on account thereof shall be credited to the Trust Fund. The Plan Administrator shall determine the order of Subaccounts from which a loan may be made.
Account Adjustments. At the end of every month, each Account shall be increased or decreased by (a) in the case of each investment actually made directly or indirectly by the Employer with respect to such Account, the net amount of all income, gain or loss earned or sustained, whether realized or unrealized, with respect to such investment, and (b) in the case of each deemed investment with respect to such Account, the net amount of all income, gain or loss which would have been earned or sustained, whether realized or unrealized, had the balance in the Account in fact been invested and reinvested in such investment. Each Account shall also be charged with all payments or other distributions with respect to such Account and with all fees and expenses (including brokerage fees) with respect to such Account, in the case of investments actually made, at the rates actually paid and, in the case of investments deemed to have been made, at the rates which would have been paid had the investments actually been made.
Account Adjustments. During the deferral period, balances in the account will be adjusted with deemed investment returns based on Executive's selection from a menu of available deemed investment choices selected by the Board.
Account Adjustments. You agree that the MBA can adjust your MacPass account based upon deposit or use discrepancies determined by the MBA during the daily toll revenue audit of all transactions, or by charges and discrepancies determined by the account manager. All adjustments made by the MBA will appear on your MacPass account. ACCOUNT STATEMENTS - Account statements will be sent to customers with a valid email address on file. Statements are also available by accessing your account via the MBA website. The account statement will show the month’s deposits, uses, and any adjustments. Transactions occurring near the end of the month may post on the following month’s statement depending on system time stamps. You agree to submit to the Revenue Auditor in writing, at X000 Xxxxxxxxxx 00, Xx. Xxxxxx, Xxxxxxxx 00000, any dispute of the information reported in your account within sixty (60) days of the transaction date in dispute. You agree to allow the MBA’s Chief Financial Officer to settle all disputes. Account information requests are to be directed to the MBA Revenue Auditor by calling 000-000-0000. ACCOUNT CLOSURE – The MBA will close your MacPass account upon your request. You may close your account at any time by notifying the MBA in writing via fax, mail, email or via the MBA website. Upon account closure, your MacPass transponders will be deactivated. Any balance of $5.00 or greater will be refunded to you, upon request. All balances less than $5.00 will not be refunded but forfeited to the MBA. EXPIRATION – The MBA may establish expiration dates to MacPass accounts and available discounts. Expiration dates may change by MBA board action. Currently there is no expiration date. APPLICABLE LAWS – This agreement shall be governed by and construed in accordance with the laws of the State of Michigan. You agree to obey all applicable state laws, MBA traffic rules and regulations, and applicable FCC regulations.
Account Adjustments. We reserve the right to make adjustments to your account, in our sole discretion, to reflect corrections or changes to your account balance. Adjustments might occur, by way of example and not limitation, if deposits or withdrawals are posted for the wrong amount, or to the wrong account, if you are subject to income tax back- up withholding tax but the appropriate amount was not withheld, or if items are returned unpaid. In the event of an error that has caused an overstated balance, you agree to reimburse the overstated amount. (c)
Account Adjustments. The Account shall be adjusted semiannually on each June 30 and December 31 at a per annum rate equal to the greater of (i) the Prime Rate plus two (2) percentage points or (ii) one hundred twenty percent (120%) of the Prime Rate.
Account Adjustments. 1. The BANK may charge back any spurious, defective, erroneous, or lost check credited to the relevant Account regardless of the time that has elapsed, whether or not the check can be returned.
Account Adjustments. Any amounts due under this clause 5 will, subject to clause 10 of this Agreement, be made by us by debiting or crediting the Account.
