Management of Account Sample Clauses

Management of Account. Hyperion represents that it is a federally registered investment adviser under the Investment Advisers Act of 1940, as amended, and acknowledges that, in acting as investment manager under this Agreement, it will be acting as a fiduciary with respect to the Investment Account. Hyperion agrees to supervise and direct, with full authority and at its discretion, on the Client’s behalf and at the Client’s risk, the investment of the assets contained in the Investment Account in such manner as Hyperion may deem advisable in accordance with written investment restrictions and guidelines delivered to Hyperion by the Client and attached as Exhibit A (the “Investment Guidelines”). The Client may from time to time amend the Investment Guidelines. Hyperion will not be bound to follow any amendment to the Investment Guidelines, however, until it has received written notice of the amendment from the Client. The Client will incorporate into the Investment Guidelines any restrictions on investments, provided that it shall be Hyperion’s responsibility to abide by any and all laws and regulations affecting or governing its activities as a registered investment adviser, whether or not any investment restrictions resulting from such laws and regulations are incorporated by the Client into the Investment Guidelines.
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Management of Account. Upon consultation between the parties, Party B agrees to open the following account with Party A and accepts the supervision of Party A:
Management of Account. (1) Prior to receipt of a written notice from the Issuer or any Secured Creditor of the occurrence of a Default or an Event of Default and upon receipt of a direction from the Issuer, the Collateral Agent shall invest the Cash Collateral Payments in Permitted Investments in the name of the Collateral Agent in accordance with such direction. After the Collateral Agent receives written notice from the Issuer or any Secured Creditor of the occurrence of any Default or Event of Default (and so long as such notice is not withdrawn by notice in writing by the Collateral Agent), the proceeds received upon maturity, payment, redemption, sale, disposition or collection of any Permitted Investment together with any Yield thereon shall be deposited in the Account.
Management of Account. (a) The Client hereby appoints Adviser as its agent and attorney-in-fact, with full power, in its discretion, to vote any GGP Shares and to exercise any GGP Warrants near or at the end of their terms if the market price as of the exercise exceeds the exercise price and would not result in any liability for the Client under Section 16(b) of the Securities Exchange Act of 1934 (the "Exchange Act"), in each case which are in the Investment Account for so long as such GGP Shares and GGP Warrants, as applicable, remain in the Investment Account; provided, that commencing at least 90 days prior to exercise the Adviser shall consult with Client and any exercise of the GGP Warrants by the Adviser shall require the prior written consent of the Client. Such power to vote any GGP Shares in the Investment Account is irrevocable. Notwithstanding anything in this Agreement, however, the Adviser shall not incur any liability to the Client by reason of any exercise of, or failure to exercise, such discretion, absent an act or omission taken or omitted as a result of its gross negligence or bad faith as finally adjudicated by a court of competent jurisdiction. This limited agency and power of attorney shall terminate upon the earlier of the effectiveness of a termination pursuant to and in accordance with Section 14 or an earlier Withdrawal Transaction with respect to all remaining GGP Shares and GGP Warrants in accordance with Section 4.
Management of Account. 9 Article 14 Settlement and Sale of Foreign Currencies..................... 9
Management of Account. The Borrower shall open a loan account and a deposit account with the Lender's Handling Branch no later than December 30, 2006, to be used for lending, settlement and repayment of principles and interests.

Related to Management of Account

  • Investment of Accounts (a) To the extent there are uninvested amounts deposited in the Series Accounts, the Issuer shall cause such amounts to be invested in Permitted Investments selected by the Issuer that mature no later than the immediately preceding Transfer Date.

  • Payment of Accounts (a) Each of Company and each Eligible Subsidiary will irrevocably direct all of its present and future Account Debtors and other Persons obligated to make payments constituting Collateral to make such payments directly to the lockboxes maintained by Company and each Eligible Subsidiary (the "Lockboxes") with North Fork Bank, the Royal Bank of Canada or such other financial institution accepted by Laurus in writing as may be selected by Company and/or any Eligible Subsidiary (collectively, the "Lockbox Bank") pursuant to the terms of the documentation acceptable to Laurus. On or prior to the Closing Date, each of Company and each Eligible Subsidiary shall and shall cause the Lockbox Bank to enter into all such documentation acceptable to Laurus pursuant to which, among other things, the Lockbox Bank agrees to: (a) sweep the Lockbox on a daily basis and deposit all checks received therein to an account designated by Laurus in writing and (b) comply only with the instructions or other directions of Laurus concerning the Lockbox. All of Company's and each Eligible Subsidiary's invoices, account statements and other written or oral communications directing, instructing, demanding or requesting payment of any Account of Company or any Eligible Subsidiary or any other amount constituting Collateral shall conspicuously direct that all payments be made to the Lockbox or such other address as Laurus may direct in writing. If, notwithstanding the instructions to Account Debtors, Company or any Eligible Subsidiary receives any payments, Company or such Eligible Subsidiary, as the case may be, shall immediately remit such payments to Laurus in their original form with all necessary endorsements. Until so remitted, Company and each Eligible Subsidiary shall hold all such payments in trust for and as the property of Laurus and shall not commingle such payments with any of its other funds or property.

  • Statement of Account 5.1 Sending periodic statement of account We will send you a statement of account on a monthly or other periodic basis as we deem fit but we may not send you a statement of account for any period during which your card account is inactive or has been terminated.

  • Treatment of Accounts Not grant or extend the time for payment of any Account, or compromise or settle any Account for less than the full amount thereof, or release any Person or property, in whole or in part, from payment thereof, or allow any credit or discount thereon, other than as normal and customary in the ordinary course of a Grantor’s business or as required by law.

  • Settlement of Accounts (a) On or before each Determination Date, the Servicer shall deliver, (i) to the Owner Trustee, the Settlor, the Lender, the Administrative Agent and the Collateral Agent, a monthly report with respect to the Lending Facility Pool (the “Monthly Lending Facility Pool Report”) and (ii) except as otherwise provided in the related Servicing Supplement, to the each related Secured Party, a monthly report with respect to each Designated Pool (each, a “Monthly Exchange Note Report”), in each case, documenting, as applicable, (A) all advances to be made to, and distributions (including Servicer reimbursements) to be made from, the related Collection Account or (B) the manner in which the Servicer will apply all collections on the related Pool received by the Servicer on or prior to the next Payment Date.

  • Statement of Accounts The Company shall provide to the Director, within one hundred twenty (120) days after each anniversary of this Agreement, a statement setting forth the Deferral Account balance.

  • Establishment of Account (a) The Fund hereby appoints the Custodian as the custodian of all Securities and cash at any time delivered to the Custodian to be held under this Agreement. The Custodian hereby accepts such appointment and agrees to establish and maintain one or more accounts for each Series in which the Custodian will hold Securities and cash as provided herein. Such accounts (each, an “Account,” and collectively, the “Accounts”) shall be in the name of the Fund and Series, if any.

  • Establishment of Accounts The Escrow Agent hereby instructs the Depositary, and the Depositary agrees, to establish the separate deposit accounts listed on Schedule I hereto and to establish such additional separate deposit accounts as may be required in connection with the deposits contemplated by Section 2.4 hereof (each, an “Account” and collectively, the “Accounts”), each in the name of the Escrow Agent and all on the terms and conditions set forth in this Agreement.

  • Debit of Accounts Bank may debit any of Borrower’s deposit accounts, including the Designated Deposit Account, for principal and interest payments or any other amounts Borrower owes Bank when due. These debits shall not constitute a set-off.

  • Management Accounts The Management Accounts:

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