Collections and Payments. Except as otherwise provided in this Assignment Agreement, the Assignor will cause any Collections received by it to be deposited in the Collection Account no later than the Business Day following the receipt and identification of proceeds.
Collections and Payments. Except as otherwise provided in this Agreement, the Originator will cause any Collections received by it to be deposited in the Collection Account no later than the Business Day following the receipt and identification of proceeds.
Collections and Payments. Management Services Provider shall, on behalf of Professional Entity, xxxx patients and collect the professional fees for Clinical Dental Care rendered on behalf of Professional Entity as follows:
Collections and Payments. (a) (i) From and after the Closing Date, the Seller hereby constitutes and appoints Airgas, its successors and assigns, the true and lawful attorneys of the Seller with full power of substitution, in the name of the Seller or otherwise, and on behalf of and for the benefit of Airgas, to demand and receive from time to time any and all Accounts Receivable, to give receipts, releases or acquittances for or in respect of the same or any part thereof; to collect, for the account of Airgas, all Accounts Receivable transferred to Airgas as provided herein, and to endorse with the name of the Seller any check received on account of any Accounts Receivable transferred to Airgas; from time to time to institute and prosecute in the name of the Seller or otherwise any and all proceedings at law, in equity or otherwise, which Airgas, its successors and assigns, may deem proper to collect, assert or enforce any claim, right, title, debt or account hereby assigned or transferred with respect to the Accounts Receivable; and to take any action necessary to effect the transfer to Airgas of full legal title in and beneficial ownership of any of the Accounts Receivable. The Seller declares that the foregoing powers are coupled with an interest and shall not be revocable by it except as set forth in Section 7.9(a)(ii).
Collections and Payments. Subject to the prorations to be made pursuant to this Section 8 , after the Closing Buyer shall collect all revenues and pay all expenses with respect to the Property, even if such revenues and expenses relate to periods before the Closing; provided, however, if any Tenant sends payments to Seller after the Closing, Seller shall deposit such payments to its bank account, and promptly after such payment has cleared, pay to Buyer any portion of such payment to which Buyer is entitled under the provisions of this Section 8 . Buyer shall use reasonable efforts consistent with prudent business practices (but shall not be required to initiate legal proceedings and/or to evict any Tenant) to collect rents or other amounts payable under the Leases that were delinquent as of the Closing Date or that relate to a period before the Closing. To the extent such delinquent rents and other amounts are collected by Buyer, Buyer may deduct from the amount owed to Seller an amount equal to the out-of-pocket third-party collection costs (including attorneys’ fees and costs) actually incurred by Buyer in collecting such rents and other amounts due to Seller. Subject to the foregoing sentence, any rent or other payment collected after the Closing from any Tenant which owed rent that was delinquent as of the Closing Date or that relates to any period prior to the Closing Date shall be applied first, to such Tenant’s unpaid monetary obligations under the applicable Lease with respect to any periods from the Closing Date through the end of the month in which such payment is made, in such order as Buyer may elect, until such monetary obligations have been paid in full; any remaining amount of such payment shall be paid over to Seller, for application against such Tenant’s unpaid monetary obligations under the applicable Lease with respect to any periods before the Closing Date, in such order as Seller may elect, until such unpaid monetary obligations have been paid in full; and any remaining amount of such payment shall be retained by Buyer for application against such Tenant’s future obligations under the applicable Lease.
Collections and Payments. 10 Section 5.01. Collection and Priorities for Distribution of Gross Revenues 10 Section 5.02. Timing of Payments 10 Section 5.03. Credits and Collections 11 Section 5.04. Depositories for Funds 11 Section 5.05. Impositions 11 ARTICLE VI ACCOUNTING; FINANCIAL STATEMENTS; AUDIT 11 Section 6.01. Accounting 11 Section 6.02. Financial Statements and Reports 11 Section 6.03. Audit Rights. 12
Collections and Payments. Following receipt by Buyer of a written notice form Seller stating that a Lease Renewal Commission is then due and payable, Buyer agrees to collect, on behalf of Seller, using commercially reasonable efforts, the Lease Renewal Commission and to pay, on behalf of Seller, solely from the collection of Lease Renewal Commissions, the Lease Renewal Payables. Seller shall cooperate with Buyer in the collection of the Lease Renewal Commissions; provided, however, that Seller may not initiate litigation, settle or compromise any account or pursue a collection action in respect of a disputed Lease Renewal Commissions, without the written consent of Buyer, such consent not to be unreasonably withheld, conditioned or delayed. Seller shall promptly remit to Buyer, for the purposes of netting Lease Renewal Commissions and Lease Renewal Payables, any proceeds of any of the Lease Renewal Commissions realized after the Closing by Seller. Buyer may not settle or compromise any Lease Renewal Commissions or any obligations, expenses or costs related, arising under, or otherwise payable in connection with the Lease Renewal Commissions, including, without limitation, costs of collection and commissions and obligations to brokers, without the consent of Seller, such consent not to be unreasonably withheld, delayed or conditioned. Buyer may, upon notice to Seller, decline to pursue collection of any Lease Renewal Commissions and, in that event, shall not pay the Lease Renewal Payables related thereto, but Buyer shall instead assign, without recourse, any right, title and interest in such Lease Renewal Commissions to Seller, and Seller may use its reasonable efforts to collect such Lease Renewal Commissions and shall be obligated to pay the Lease Renewal Payables related thereto. Seller hereby agrees to indemnify, defend and hold Buyer and its Affiliates harmless from and against any Tax liability incurred in connection with the collection, pursuant to this Section 2.6, by Buyer and Affiliates of the Lease Renewal Commissions and payment of the Lease Renewal Payables on behalf of Seller.
Collections and Payments. The Board shall have the obligation to assure that the President accounts for all transactions on the Transmission System and other activities of the Company; submits bills for such transactions; pays the expenses of operation of the Company; collects monies for transmission service from customers solely as agent for Owners or their designee(s) in accordance with the Transmission Tariff; and distributes monies to the Owners or their designee(s) in accordance with this Agreement, any associated agreements referred to in this Agreement, and the Transmission Tariff.
Collections and Payments. SECTION 4.01. Interest Proceeds 3944 SECTION 4.02. Principal Proceeds 4045 SECTION 4.03. Principal and Interest Payments; Prepayments; Commitment Fee 4046 SECTION 4.04. MV Cure Account 4147 SECTION 4.05. Priority of Payments 4247 SECTION 4.06. Payments Generally 4348 SECTION 4.07. Termination or Reduction of Financing Commitments 4349
Collections and Payments. Subscriber License Fees shall be collected, and Unit Royalties and Finder Commissions shall be paid, in accordance with Schedule 3.4. Schedule 3.4 may be amended in writing by the parties from time to time as reasonably necessary to reflect the actual or then desired billing and collection methods of the parties, either generally or with respect to one or more specific Subscribers or one or more specific Resellers.
