Payments Administration Sample Clauses

Payments Administration. Any amounts payable hereunder shall be due and payable without set-off, deduction, or counterclaim, except as otherwise provided herein. The Loan, and all repayments and reductions of principal and interest, if any, shall be evidenced by notations made by Holder in its books and records regarding the date and amount of each payment or reduction of principal and interest made by Maker with respect thereto; PROVIDED, HOWEVER, that the failure by Holder to make such notations shall not limit or otherwise diminish the obligations of Maker with respect to the repayments or reductions of principal or payments of interest, if any, on the Loan. The aggregate unpaid amount of the Loan set forth on the books and records of Holder shall be presumptive evidence of the principal amount owing an unpaid hereunder.
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Payments Administration 
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Related to Payments Administration

  • Administration and Collection SECTION 6.01.

  • Claims Administration An employee will be required to comply with any and all rules and regulations and/or limitations established by the carrier or applicable third party administrator and contained in the policy, and employees and their dependents shall look solely to such carrier or third party administration for the adjudication of the payment of any and all benefits claims.

  • Loan Administration Borrowings under the Loan shall be as follows:

  • Policy Administration The Company shall provide all required, necessary and appropriate claims, administrative and other services with respect to the Policies. The Company shall use reasonable care in its administration and claims practices with respect to the Policies and in administering and performing its duties under this Agreement and such practices, administration and performance shall (a) conform with Applicable Law; (b) not be fraudulent; and (c) be no less favorable than those used by the Company with respect to other policies of the Company not reinsured by the Reinsurer.

  • Administration of the Trust Fund Section 4.01

  • Administration of the Trust Section 3.01

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