Funds Generally Sample Clauses
The "Funds, Generally" clause defines the general rules and requirements regarding the handling, transfer, and use of funds within the context of the agreement. It typically outlines how payments are to be made, the acceptable forms of currency, and any conditions or restrictions on the movement or application of funds. For example, it may specify that all payments must be made in U.S. dollars via wire transfer to a designated account. The core function of this clause is to ensure clarity and consistency in financial transactions between the parties, reducing the risk of disputes over payment methods or timing.
Funds Generally. Administrative Agent may reasonably reassess its estimate of the amount necessary for the Funds from time to time and may adjust the monthly amounts required to be deposited into the Replacement Escrow Fund upon thirty (30) days
Funds Generally. 47 4.10.1 Grant of Security Interest; Application of Funds.........48 4.10.2
Funds Generally. To the extent required by debt instruments for District Debt, the District shall, and otherwise the District may, establish and maintain in connection with the System, the Funds specified in this Article and such other Funds as the District may deem appropriate.
Funds Generally
