Final Remittance Clause Samples
Final Remittance. Upon the expiration or termination of this Agreement, after payment of all Gross Operating Expenses for which bills were received to such date, Manager's Management Fee, Reimbursable Expenses, any Termination Fee and any other amounts then due and payable to Manager, all remaining amounts in (i) the Reserve, (ii) the Operating Account and (iii) the Permitted Investments, shall be transferred forthwith to Owner by Manager. Owner shall pay Manager any remaining Management Fee, any Reimbursable Expenses and any other amounts then due and payable to Manager and Owner shall pay, or cause to be paid, and shall hold Manager harmless from and against all Gross Operating Expenses or other costs or expenses received after Manager has so transferred all funds. The provisions hereof shall survive any termination of this Agreement.
Final Remittance. Upon expiration or termination of this Agreement, subject to the other terms and provisions of this Agreement, all remaining amounts in the Reserve shall be remitted forthwith to Owner.
Final Remittance. Upon the expiration or termination of this Agreement,all remaining amounts in (a) the Reserve and (b) the Operating Account, after payment of all Gross Operating Expenses for which bills were received to date and after payment of Operator’s Management Fee, shall be transferred forthwith to Owner by Operator. Except as provided in Section 22.1, Owner shall pay, or cause to be paid, and shall hold Operator harmless from and against all Gross Operating Expenses accrued in accordance with the Uniform System of Accounts and this Agreement and invoices related to Gross Operating Expenses received after Operator has transferred all funds to Owner.
Final Remittance. Upon expiration or termination of this Agreement,Owner may withdraw all the funds remaining in the Reserve.
Final Remittance. Upon expiration or termination of this Agreement, Manager shall remit all remaining amounts in the Reserve forthwith to Owner.
Final Remittance. Upon the expiration or termination of this Agreement (but in no event later than twenty (20) days after the end of the month in which this Agreement terminates or expires), after payment of all Gross Operating Expenses for which bills were received to such date, Manager's Management Fee, Reimbursable Expenses, any Termination Fee and any other amounts then due and payable to Manager, all remaining amounts in (i) the Reserve, and (ii) the Operating Account, shall be transferred forthwith to Owner by Manager. Owner shall pay Manager any remaining Management Fee, any Termination Fee, Reimbursable Expenses and any other amounts then due and payable and Owner shall pay, or cause to be paid, and shall hold Manager harmless from and against all Gross Operating Expenses accrued in accordance with the terms of this Agreement and generally accepted accounting principles and invoices related to Gross Operating Expenses incurred in accordance with this Agreement which are received after Manager has so transferred all funds to Owner.