Authorized Payment Sample Clauses

Authorized Payment. Except as otherwise provided in this subsection of this Section, all sums payable for loss and damage arising out of the casualties covered by the property insurance policies shall be payable: Directly to Tenant, if the total recovery is equal to or less than $100,000 (as adjusted for inflation over the term of the Lease), except that if Tenant is then in default under the Lease, such proceeds, shall be paid to Landlord who shall apply the proceeds first to the rebuilding, replacing and repairing of the Premises and then to the curing of such default. Any remaining proceeds shall be paid to Tenant subject to its obligations to any lender; To the Insurance Trustee, if the total recovery is in excess of the amount described in (a) above to be held by such Insurance Trustee pending establishment of reconstruction, repair or replacement costs and shall be disbursed to Tenant pursuant to the provisions of this Section. The Insurance Trustee shall be such commercial bank or trust company as shall be designated by Tenant and approved by Landlord, which approval shall not be unreasonably withheld or delayed. Disposition of Insurance Proceeds for Reconstruction. All amounts received upon such policies shall be used, to the extent required for the reconstruction, repair or replacement of the Premises and the Furnishings and Equipment contained therein, so that the Premises or such Furnishings and Equipment shall be restored to a condition comparable to the condition prior to the loss or damage (hereinafter referred to as “Reconstruction Work”). From the insurance proceeds received by the Insurance Trustee, there shall be disbursed to Tenant such amounts as are required for the Reconstruction Work. Tenant shall submit invoices or proof of payment to the Insurance Trustee for payment or reimbursement in accordance with an agreed schedule of values approved in advance by Landlord. Any amount remaining in the hands of the Insurance Trustee after the completion of the Reconstruction Work shall be paid to Tenant.

Authorized Payment. All sums payable for loss and damage arising out of the casualties covered by the property insurance policies shall be payable: (i) Directly to Developer, if the total recovery is equal to or less than $1,000,000 (as adjusted for inflation over the Term pursuant to Section (ii) To the Insurance Trustee, if the total recovery is in excess of $1,000,000 (as adjusted for inflation over the Term pursuant to Section 13.21 hereof) or is less than $1,000,000 but a Developer Event of Default has occurred and is continuing hereunder, to be held by the Insurance Trustee pending establishment of reconstruction, repair or replacement costs and shall be disbursed to Developer pursuant to the provisions of subparagraph (b) of this Section 9.9. If, at the time such proceeds become payable, there is a Leasehold Mortgage on the Leased Property, the Lender having the highest lien priority shall serve as the Insurance Trustee, but if there is no Leasehold Mortgage at that time, or if the Lender refuses to serve as Insurance Trustee, the Insurance Trustee shall be such commercial bank or trust company as shall be designated by Developer and approved by the City, which approval shall not be unreasonably withheld or delayed (the “Insurance Trustee”).

Authorized Payment. Client expressly authorizes Bell to charge Client’s credit card or other pre- authorized payment vehicle the amount of any charges due under Client’s account if (a) Client has requested pre- authorized payment via credit card or other pre-authorized payment vehicle, (b) such charges are outstanding or (c) the Services are terminated for a Device. This will constitute ▇▇▇▇'▇ sufficient authority for doing so. Client promises that the credit card for which Client has provided information to Bell is in Client’s name, is valid and has not expired. Client promises to promptly advise Bell if Client’s credit card information changes due to its loss, theft, cancellation or expiry.

Authorized Payment. Do Not Pay ** highlighted. Note that the deduction will be made on the “Date Due” of each month.

Authorized Payment. If any of the following loan fund payment occurs, the “lender-authorized payment” shall apply:

Authorized Payment. If required by the Lender such preauthorized payment documentation necessary to authorize the Lender to debit directly from the Borrower's account amounts due under the Commitment and Loan.

Authorized Payment. If I want to stop any

Authorized Payment. 1. Party A shall provide the business contract signed between Party A and its trading partners and other required documents to Party B; Party A shall make sure such trading contract and other documents are genuine and valid and the amount and authorization in Party A’s payment application shall be consistent with the information agreed in the aforesaid business contracts. 2. Party A hereby unconditionally and irrevocably authorizes Party B to make the payment according to the following details: 1 Wenzhou Zhongdian Xingxin Smart Technology Co., Ltd. Bank of Shanghai Co., Ltd., Wenzhou Branch 03303997757 ________ fYuan ☒