Reconciliation of Payments. Merchant acknowledges that Purchaser has provided Merchant with a reconciliation right under Section 5, which represent the exclusive manner of restructuring payments, without retaining any debt restructuring company, under this Agreement.
Reconciliation of Payments. On or before November 1 following the end of any taxable year to which Section 2.01 of this Agreement applies, PMI shall pay to Altria, or Altria shall pay to PMI, as appropriate, an amount equal to the difference, if any, between: (x) the PMI Federal Income Tax Liability reflected on the PMI Pro Forma Federal Return for such year; and (y) the aggregate amount of the payments of the PMI Current Federal Income Tax Provision for such year made pursuant to Section 2.02(a) of this Agreement. On or before December 15 following the end of any taxable year to which Section 2.01 of this Agreement applies, PMI shall pay to Altria the PMI Combined State Tax Liability as reflected on the PMI Pro Forma Combined State Return.
Reconciliation of Payments. On or before November 1 following the end of any taxable year to which Section 2.01 of this Agreement applies, Kraft shall pay to Altria, or Altria shall pay to Kraft, as appropriate, an amount equal to the difference, if any, between: (x) the Kraft Federal Income Tax Liability reflected on the Kraft Pro Forma Federal Return for such year; and (y) the aggregate amount of the payments of the Kraft Current Federal Income Tax Provision for such year made pursuant to Section 2.02(a) of this Agreement or Section 2(b)(i) of the prior tax sharing agreement entered into by the Parties on April 11, 2001 (“Prior Agreement”). On or before December 15 following the end of any taxable year to which Section 2.01 of this Agreement applies, Kraft shall pay to Altria the Kraft Combined State Tax Liability as reflected on the Kraft Pro Forma Combined State Return.
Reconciliation of Payments. Xxxxxxxxx shall have 30 days following the receipt of any payment pursuant to Section 4.04 to contest any amounts of such payment. In the event that Xxxxxxxxx shall initiate any such contest, it must be made by written notice to the City and accompanied by supporting evidence. If such contest shows that the amount paid to Xxxxxxxxx was less or more than the amount that should have been paid to Xxxxxxxxx (the “Discrepancy”) and the City agrees with the Discrepancy, either the City shall pay Xxxxxxxxx the balance of such amount due within 30 days of the completion of such contest or Xxxxxxxxx shall pay to the City the amount of any over payment within 30 days of the completion of such contest, whichever is applicable
Reconciliation of Payments. The monies paid at the one hundred seven (107%) rate shall count against the Adjusted Non-MAG Area Compensation which shall accrue from the date the Five-Year Adjusted Period commenced. If the Adjusted Non-MAG Area Compensation is more than the Non-MAG Area Compensation paid at the one hundred seven percent (107%) rate, Tenant shall immediately pay City the difference due from the date the Five-Year Adjustment Period commenced to the date the Adjusted Non-MAG Area Compensation is paid. If the Adjusted Non-MAG Area Compensation is less than the amount paid at the one hundred seven percent (107%) rate, Tenant shall be entitled to a credit against future sums owed to City under this Agreement. No interest shall accrue on the amount due to City or Tenant pursuant to this provision except to the extent Tenant fails to pay any deficiency within thirty (30) days of a billing from City. If Tenant’s payments are delinquent, a delinquency charge shall accrue at the rate provided in Item No. 270 of the Tariff (or its successor), currently consisting of simple interest of 1/30 of two percent (2%) of the invoice amount remaining unpaid each day.”
Reconciliation of Payments. The parties acknowledge that there may be: (a) certain payments or refunds made by a party; (b) certain payments or amounts received by a party; or (c) certain adjustments in the sales made by a party prior to the Closing Date that were not included in the Purchase Price or were not prorated as of the Closing Date, including, without limitation, Purchased Inventory orders, receivables, invoices, bills, subscriptions or Taxes, credits, or refunds. Accordingly, within ninety (90) calendar days after the Closing Date, Buyer and Seller shall in good faith provide each other with documentation for, and true-up, such payments, refunds, and receipts in accordance with normal and customary settlement procedures making net adjustment payments as necessary to effect the true-up and give effect to the transfer of the Business on the Closing Date. Such true-up payments shall be made by the applicable party within thirty (30) calendar days of receiving notice of the net amount owed to the other party.
Reconciliation of Payments. A final reconciliation together with documentation supporting a calculation of the Net Proceeds in accordance with Section 7 and closing daily balances will be delivered to the Company by the Purchaser within 10 days following the Adjustment Date. Any balance resulting from the reconciliation shall be due immediately and paid by electronic funds transfer in immediately available funds, within 10 days after delivery of the reconciliation by the Purchaser to the Company. If the final payment described in this paragraph due to either party is less than $10,000 in total, it is hereby waived by the party to whom such payment would be made. If the Net Proceeds are in excess of the Base Amount plus interest as set forth in Section 7.2 above, such excess shall be paid by the Purchaser to the Company by wire transfer in immediately available funds. If the Net Proceeds are less than the Base Amount plus interest as set forth in Section 7.2 above, the shortfall shall be paid by the Company to the Purchaser by wire transfer in immediately available funds. Prior to June 1, 1999, at the Company's option, a reasonably estimated shortfall payment by the Company may be made once with additional Common Stock. If the Company elects to make such estimated payment with Common Stock, the number of shares to be issued to the Purchaser (the "Additional Shares") shall equal the estimated shortfall divided by the Additional Shares Average Closing Price.
Reconciliation of Payments. 3.1 Articles of Incorporation of Microcellular Systems U.S.A. ------------------------------------------------------------------------------ 3.1 Fax dated 24th January 2000 to Xxxxxx Xxxxxxx from Xxxxx Xxxxxxx requesting Xxxx Xxxxxxxxxx and Xxxxx Xxxxx to be added to the list of directors of the company ------------------------------------------------------------------------------ 3.1 Schedule IC1 List of Directors for Ireland Holding Company and Ireland, U.K. and U.S.A. operating companies ------------------------------------------------------------------------------ 3.1 Schedule IC2 Name and Address of Microcellular Systems Limited General Council in Ireland ------------------------------------------------------------------------------ 3.1 Schedule IC3 Corporate Structure of Microcellular Systems Limited and subsidiary companies ------------------------------------------------------------------------------ 3.1 Schedule ID4 China Representative Office Registration Certificate ------------------------------------------------------------------------------ 3.1 Letter dated 17th April 2000 from Xxxxx Xxxxxxx "To Whom it May Concern" Subject: Official Statement of Relationship between ADC and Microcellular Systems and Certificate of Incorporation and Change of Name Company No. 3348785 re ADC Microcellular Systems Limited ------------------------------------------------------------------------------
Reconciliation of Payments. Within [***] after the end of each Calendar Quarter, Oncobiologics shall conduct a reconciliation and determine if any reconciliation payment is due from one Party to another for Monthly Retainer Fees paid by Oncobiologics to MTTR in the prior Calendar Quarter and, if so, the amount of such reconciliation payment period. If any such payment is owed, the applicable Party shall make such payment to the other Party within [***] after the reconciliation.
Reconciliation of Payments. Landlord shall ------------------------------------------- furnish to Tenant at the commencement of each accounting period an estimate of the Property Operating Expenses reasonably anticipated by Landlord for the ensuing accounting period, and Tenant's monthly Proportionate Share thereof. Within sixty (60) days after the end of each accounting period, Landlord shall furnish to Tenant a correct statement showing the actual Property Operating Expenses for such period, Tenant's Proportionate Share thereof, and the sum of the estimated payments made by Tenant during such period. If: Tenant's Proportionate Share of the actual Property Operating Expenses for the preceding accounting period exceeds the estimated payments made by Tenant during that period, then Tenant shall pay any deficiency to Landlord within thirty (30) days after Tenant's receipt of Landlord's statement; or The estimated payments made by Tenant during the preceding accounting period exceed Tenant's Proportionate Share of the actual Property Operating Expenses for that period, then the overage shall be credited against the next payments of Property Operating Expenses becoming due from Tenant.
