Financial Settlements Sample Clauses

Financial Settlements. All financial transactions between the parties related to this Agreement, including without limitation the proration of passenger and cargo revenue, shall be settled through the Airline Clearing House (“ACH”) unless otherwise agreed, as long as both parties are members of ACH. Should one or both parties cease to be a member of ACH, settlement shall be determined by the accounting personnel of each party in accordance with procedures to be mutually determined.
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Financial Settlements. Plan Sponsor acknowledges and agrees that Claims Administrator may, from time to time, enter into financial settlements with providers for, among other reasons, routine claims adjustments, delayed rate adjustments, cost rate adjustments and incentive program adjustments. As such, the outcome of these settlements could result in an additional charge or credit being issued to Plan Sponsor during or after the applicable Contract Term. The parties understand and agree that any such charge or credit shall not result in a corresponding adjustment to amounts paid or not paid by Members in connection with claims relating to the settlement.
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Financial Settlements. 3.1. The total amount for Contract services provided in paragraph 1.1. is EUR 1307,00 (one thousand three hundred seven euro, 00 cents). Taxes shall be applied according to the law and regulations of the Republic of Latvia. Payment for the Services shall be made as follows:
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Financial Settlements. (a) With respect to each calendar quarter following the Reinsurance Closing Date, the Parties will effect a financial settlement as contemplated in the reports to be provided pursuant to this Section 5.1(a), Schedule C.1 (for calendar quarters ending prior to the Administrative Transfer Date) and Schedule C.2 (for calendar quarters ending on or after the Administrative Transfer Date), as applicable (collectively, the “Quarterly Settlement Reports”); provided, however, that the first such Quarterly Settlement Report will cover the period from the Reinsurance Effective Date through the end of the first calendar quarter after the Reinsurance Closing Date. The Ceding Company will prepare and deliver to the Reinsurer the Quarterly Settlement Report for each calendar quarter ending prior to the Administrative Transfer Date, and the Reinsurer will prepare and deliver to the Ceding Company the Quarterly Settlement Report for each calendar quarter ending on or after the Administrative Transfer Date. Contemporaneously with the Quarterly Settlement Reports prepared and delivered by a Party hereunder, such Party will also deliver to the other Party (the “Receiving Party”) data and information reasonably supporting the Party’s Quarterly Settlement Report determinations contemplated in Schedule C.1 or Schedule C.2, as applicable, in each case, as soon as reasonably practicable, but in any event such Quarterly Settlement Reports, data and information must be delivered to the Receiving Party not later than fifteen (15) Business Days after the end of each calendar quarter during the Term. If a Quarterly Settlement Report reflects a balance due to the Ceding Company, the amount shown as due will be paid by the Reinsurer within five (5) Business Days after the delivery of the Quarterly Settlement Report to the Receiving Party. If a Quarterly Settlement Report reflects a balance due to the Reinsurer, the amount shown as due will be paid by the Ceding Company within five (5) Business Days after the date on which the Quarterly Settlement Report was delivered to the Receiving Party. All settlements of account between the Ceding Company and the Reinsurer will be made in cash or its equivalent. Any disputes concerning amounts due pursuant to this subsection (a) will be resolved in accordance with the procedures set forth in Article XII.
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Financial Settlements. 1. For due performance of the Agreement, PCO undertakes to pay the Seller a price in the amount of PLN ... (say: ... 00/100) net (hereinafter: the "Price").
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Financial Settlements. 15.1 [The financial settlements between the Contractor and the Investor shall be based on the invoices to be issued along with the progress of the performance of the Subject Matter of the Contract [monthly] [upon the completion of each of the stages listed in Appendix 4 hereto]. [Upon the Final Acceptance of the Subject Matter of the Contract, the Contractor shall be entitled to issue a final invoice reduced by the Retained Amount to be released on the principles set out in Article XIX of the Contract.]]. / [The payment of the full remuneration due to the Contractor under this Contract, subject to the Retained Amounts, shall be made after the Final Acceptance.]
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Financial Settlements 
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Related to Financial Settlements

  • Contractual Settlement Unless the parties agree to the contrary, the Custodian will attend to the settlement of securities transactions in accordance with the Custodian's standard operating procedure, on the basis of either contractual settlement date accounting or actual settlement date accounting. To the extent the Custodian settles certain securities transactions on the basis of contractual settlement date accounting, the Custodian may reverse with back value to the contractual settlement date any entry relating to such contractual settlement if the Custodian reasonably believes that such amount will not be received.

  • PAYMENT AND SETTLEMENT You shall deliver to the Manager on the date and at the place and time specified in the applicable AAU (or on such later date and at such place and time as may be specified by the Manager in a subsequent Wire) the funds specified in the applicable AAU, payable to the order of Xxxxxxx Xxxxx Xxxxxx Inc., for (i) an amount equal to the Offering Price plus (if not included in the Offering Price) accrued interest, amortization of original issue discount or dividends, if any, specified in the Prospectus or Offering Circular, less the applicable Selling Concession in respect of the Firm Securities to be purchased by you, (ii) an amount equal to the Offering Price plus (if not included in the Offering Price) accrued interest, amortization of original issue discount or dividends, if any, specified in the Prospectus or Offering Circular, less the applicable Selling Concession in respect of such of the Firm Securities to be purchased by you as shall have been retained by or released to you for direct sale as contemplated by Section 3.6 hereof or (iii) the amount set forth or indicated in the applicable AAU, as the Manager shall advise. You shall make similar payment as the Manager may direct for Additional Securities, if any, to be purchased by you on the date specified by the Manager for such payment. The Manager will make payment to the Issuer or Seller against delivery to the Manager for your account of the Securities to be purchased by you, and the Manager will deliver to you the Securities paid for by you which shall have been retained by or released to you for direct sale. If the Manager determines that transactions in the Securities are to be settled through the facilities of DTC or other clearinghouse facility, payment for and delivery of Securities purchased by you shall be made through such facilities, if you are a member, or, if you are not a member, settlement shall be made through your ordinary correspondent who is a member.

  • Physical Settlement If Physical Settlement is applicable, then Counterparty shall deliver to Dealer through the Clearance System a number of Shares equal to the Settlement Shares for such Settlement Date, and Dealer shall pay to Counterparty, by wire transfer of immediately available funds to an account designated by Counterparty, an amount equal to the Physical Settlement Amount for such Settlement Date. If, on any Settlement Date, the Shares to be delivered by Counterparty to Dealer hereunder are not so delivered (the “Deferred Shares”), and a Forward Price Reduction Date occurs during the period from, and including, such Settlement Date to, but excluding, the date such Shares are actually delivered to Dealer, then the portion of the Physical Settlement Amount payable by Dealer to Counterparty in respect of the Deferred Shares shall be reduced by an amount equal to the Forward Price Reduction Amount for such Forward Price Reduction Date, multiplied by the number of Deferred Shares.

  • Full Settlement The Company's obligation to make the payments provided for in this Agreement and otherwise to perform its obligations hereunder shall not be affected by any set-off, counterclaim, recoupment, defense or other claim, right or action which the Company may have against the Executive or others. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement and such amounts shall not be reduced whether or not the Executive obtains other employment. The Company agrees to pay as incurred, to the full extent permitted by law, all legal fees and expenses which the Executive may reasonably incur as a result of any contest (regardless of the outcome thereof) by the Company, the Executive or others of the validity or enforceability of, or liability under, any provision of this Agreement or any guarantee of performance thereof (including as a result of any contest by the Executive about the amount of any payment pursuant to this Agreement), plus in each case interest on any delayed payment at the applicable Federal rate provided for in Section 7872(f)(2)(A) of the Internal Revenue Code of 1986, as amended (the "Code").

  • Contractual Settlement Date Accounting (a) Bank shall effect book entries on a "contractual settlement date accounting" basis as described below with respect to the settlement of trades in those markets where Bank generally offers contractual settlement day accounting and shall notify Customer of these markets from time to time.

  • Cash Settlement If Cash Settlement is applicable to any Option exercised or deemed exercised hereunder, in lieu of Section 8.1 of the Equity Definitions, Dealer will pay to Counterparty, on the relevant Settlement Date for each such Option, an amount of cash (the “Cash Settlement Amount”) equal to the sum, for each Valid Day during the Settlement Averaging Period for such Option, of (i) the Daily Option Value for such Valid Day, divided by (ii) the number of Valid Days in the Settlement Averaging Period.

  • Contractual Settlement and Income The Custodian may, as a matter of bookkeeping convenience, credit the Account with the proceeds from the sale, redemption or other disposition of Securities or interest, dividends or other distributions payable on Securities prior to its actual receipt of final payment therefor. All such credits shall be conditional until the Custodian’s actual receipt of final payment and may be reversed by the Custodian to the extent that final payment is not received. Payment with respect to a transaction will not be “final” until the Custodian shall have received immediately available funds that under applicable local law, rule or practice are irreversible and not subject to any security interest, levy or other encumbrance, and that are specifically applicable to such transaction.

  • Actual Settlement Date Accounting With respect to any sale or purchase transaction that is not posted to the Account on the contractual settlement date as referred to in Section 2.5, Bank shall post the transaction on the date on which the cash or Financial Assets received as consideration for the transaction is actually received by Bank.

  • Net Share Settlement If Net Share Settlement is applicable to any Option exercised or deemed exercised hereunder, Dealer will deliver to Counterparty, on the relevant Settlement Date for each such Option, a number of Shares (the “Net Share Settlement Amount”) equal to the sum, for each Valid Day during the Settlement Averaging Period for each such Option, of (i) (a) the Daily Option Value for such Valid Day, divided by (b) the Relevant Price on such Valid Day, divided by (ii) the number of Valid Days in the Settlement Averaging Period; provided that in no event shall the Net Share Settlement Amount for any Option exceed a number of Shares equal to the Applicable Limit for such Option divided by the Applicable Limit Price on the Settlement Date for such Option. Dealer will pay cash in lieu of delivering any fractional Shares to be delivered with respect to any Net Share Settlement Amount valued at the Relevant Price for the last Valid Day of the Settlement Averaging Period.

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