Payments and Collection Sample Clauses

Payments and Collection. 6.1 We are authorised to invoice, collect and receive premiums and to pay return premiums and other sums due as agent and trustee of each Insurer with which we place business.
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Payments and Collection. Any payments with respect to or other proceeds of Collateral received by Debtor shall be held by Debtor in trust for Secured Party in the same form in which received, shall not be commingled with any assets of Debtor, and shall be delivered into the possession of Secured Party not later than the next business day following the day of receipt. All payments with respect to and other proceeds of Collateral received by Secured Party directly or from Debtor shall be applied to the Secured Obligations in such order and manner and at such time as Secured Party, in its sole and absolute discretion, determines. Secured Party, after the occurrence of an Event of Default and without notice to Debtor, may demand, collect, and xxx on the Collateral (either in Debtor’s or Secured Party’s name), enforce, compromise, settle or discharge the Collateral, and endorse Debtor’s name on any instruments or documents included in or pertaining to the Collateral.
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Payments and Collection. Customer will pay Motorola Solutions all amounts due under the Agreement (including, without limitation amounts due for any PTT Service, Equipment, and any other charges) by the payment due date established by this Agreement, or by any related invoice. The Customer shall pay the Charges invoiced without any set­off, deductions or withholding whatsoever. If the Customer requires any additional services to be performed outside the Working Hours, Motorola Solutions may charge the Customer amounts in addition to the Charges. The Customer shall pay all invoiced amounts properly due. Customer will pay Motorola Solutions for any expenses Motorola Solutions incurs in collecting amounts due under this Agreement, including without limitation, court costs and attorneys’ fees. Motorola Solutions and Motorola Solutions agents may contact Customer’s address, email, PTT number, and any other phone/cell phone number provided to Motorola Solutions to contact Customer about Customer’s account status or as otherwise permitted by law, including but not limited to, collecting amounts due, and using prerecorded or live calls, emails, and calls or messages delivered by an automatic telephone dialer system. Customer will pay any federal, state, or local transactional taxes, fees or surcharges based on the place of primary use set forth in the Order Form, including, without limitation, universal service fees, 911 surcharges, sales, mobile communications service taxes, activation fees, regulatory cost recovery fees and gross receipts taxes. If Customer believes any invoice is incorrect, Customer must notify Motorola Solutions in writing concerning Customer’s dispute within 14 days from the date of the first invoice containing Customer’s dispute or waive Customer’s right to that dispute. If Motorola Solutions agrees with Customer’s position, Motorola Solutions will credit Customer’s account or, if Customer’s account is ended, send Customer a check.
Sample 1
Payments and Collection. Any payments with respect to or other proceeds of Collateral received by Debtor shall be held by Debtor in trust for Secured Parties in the same form in which received, shall not be commingled with any assets of Debtor, and shall be delivered into the possession of Secured Parties not later than the next business day following the day of receipt. All payments with respect to and other proceeds of Collateral received by Secured Parties directly or from Debtor shall be applied to the Secured Obligations in such order and manner and at such time as Secured Parties, in their sole and absolute discretion, determine. Secured Parties, after the occurrence of an Event of Default and without notice to Debtor, may demand, collect, and xxx on the Collateral (either in Debtor’s or Secured Parties’ names), enforce, compromise, settle or discharge the Collateral, and endorse Debtor’s name on any instruments or documents included in or pertaining to the Collateral.
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Payments and Collection. 5.1 We are authorised to invoice, collect and receive premiums and to pay return premiums and other sums due as agents of the Insurer. This authority extends to include You in respect of placements We make on Your behalf with Kiln Group Syndicate 510 at Xxxxx‟s
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Payments and Collection. 5.1. User shall pay all amounts in the Rental Agreement when due. The failure by User to make such payments will result in M3storage suspending the services until all payments are received in full.
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Payments and Collection. Invoicing may be provided monthly, and statements are due and payable upon receipt, unless otherwise agreed in writing. Client agrees to carefully read all billing statements and promptly notify Xxxxxxxxxx Consulting Solutions, in writing, of any claimed errors or discrepancies, within fifteen (15) days from the date of the statement. If Xxxxxxxxxx Consulting Solutions is not notified by the Client in writing, it is presumed that owner agrees with the correctness, accuracy, and fairness of the billing statement. Past due amounts may incur a late fee of 1% compounded monthly and Xxxxxxxxxx Consulting Solutions can, upon giving seven (7) days written notice to Client, suspend services until payment in full is received. Client’s failure to make payment to us within 30 days shall constitute a material breach of this Agreement and shall be cause for termination by Xxxxxxxxxx Consulting Solutions. Retainers shall be credited on the final invoice. Xxxxxxxxxx Consulting Solutions is entitled to collect reasonable fees and costs, including collection agency, attorney’s fees and interest as required to obtain collection of any fees under the Agreement.
Sample 1
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Related to Payments and Collection

  • Payments and Collections All funds received by the Agent in respect of any payments made by any Borrower on the Term Notes shall be distributed promptly on the date of receipt thereof by the Agent among the Banks, in like currency and funds as received, ratably according to each Bank’s Term Loan Percentage. All funds received by the Agent in respect of any payments made by any Borrower on the Revolving Notes, Revolving Commitment Fees or Letter of Credit Fees shall be distributed promptly on the date of receipt thereof by the Agent among the Banks, in like currency and funds as received, ratably according to each Bank’s Revolving Percentage. After any Event of Default has occurred, all funds received by the Agent, whether as payments by the Borrowers or as realization on collateral or on any guaranties, shall (except as may otherwise be required by law) be distributed by the Agent in the following order: (a) first to the Agent or any Bank that has incurred unreimbursed costs of collection with respect to any Obligations hereunder, ratably to the Agent and each Bank in the proportion that the costs incurred by the Agent or such Bank bear to the total of all such costs incurred by the Agent and all Banks; (b) next to the Agent for the pro rata account of (i) the Banks (in accordance with their respective Total Percentages) for application on the Notes and (ii) the Rate Protection Providers (in accordance with their outstanding and owed Rate Protection Obligations) for application on the Rate Protection Agreements; (c) next to the Agent for the account of the Banks (in accordance with their respective Revolving Percentages) for any unpaid Revolving Commitment Fees or Letter of Credit Fees owing by the Borrowers hereunder; and (d) last to the Agent to be held in the Holding Account to cover any outstanding Letters of Credit.

  • Remittance of Payments and Collections 13.18.1. All payments by any Lender to Agent shall be made not later than the time set forth elsewhere in this Agreement on the Business Day such payment is due; provided, however, that if such payment is due on demand by Agent and such demand is made on the paying Lender after 11:00 a.m. on such Business Day, then payment shall be made by 11:00 a.m. on the next Business Day. Payment by Agent to any Lender shall be made by wire transfer, promptly following Agent’s receipt of funds for the account of such Lender and in the type of funds received by Agent; provided, however, that if Agent receives such funds at or prior to 12:00 noon, Agent shall pay such funds to such Lender by 2:00 p.m. on such Business Day, but if Agent receives such funds after 12:00 noon, Agent shall pay such funds to such Lender by 2:00 p.m. on the next Business Day.

  • Application of Payments and Collections All items of payment received by Agent by 12:00 noon, Chicago, Illinois, time, on any Business Day shall be deemed received on that Business Day. All items of payment received after 12:00 noon, Chicago, Illinois, time, on any Business Day shall be deemed received on the following Business Day. Borrower irrevocably waives the right to direct the application of any and all payments and collections at any time or times hereafter received by Agent from or on behalf of Borrower, and Borrower does hereby irrevocably agree that Agent shall have the continuing exclusive right to apply and reapply any and all such payments and collections received at any time or times hereafter by Agent or its agent against the Obligations, in such manner as Agent may deem advisable, notwithstanding any entry by Agent or any Lender upon any of its books and records. Amounts received by the Agent shall be for further credit to the accounts of Lenders pursuant to the settlement procedures contained in subsection 3.1.3 of this Agreement. Notwithstanding the foregoing, payments and collections shall not be applied to Obligations consisting of Derivative Obligations or Product Obligations at any time that any other Obligations are then due and payable. If as the result of collections of Accounts as authorized by subsection 6.2.4 hereof or otherwise, a credit balance exists in the Loan Account, such credit balance shall not accrue interest in favor of Borrower, but shall be disbursed to Borrower or otherwise at Borrower's direction in the manner set forth in subsection 3.1.2, upon Borrower's request at any time, so long as no Default or Event of Default then exists. Agent may at its option, offset such credit balance against any of the Obligations upon and during the continuance of an Event of Default.

  • Allocations of Finance Charge Collections The Servicer shall allocate to the Series 1997-1 Certificateholders and retain in the Collection Account for application as provided herein an amount equal to the product of (A) the Floating Allocation Percentage and (B) the Series 1997-1 Allocation Percentage and (C) the aggregate amount of Collections of Finance Charge Receivables deposited in the Collection Account on such Deposit Date.

  • Administration and Collection SECTION 6.01.

  • Income Collection Unless otherwise directed by Instruction, the Custodian shall collect any amount due and payable to the Fund with respect to Investments and promptly credit the amount collected to a Principal or Agency Account; provided, however, that the Custodian shall not be responsible for: (a) the collection of amounts due and payable with respect to Investments that are in default or (b) the collection of cash or share entitlements with respect to Investments that are not registered in the name of the Custodian or its Subcustodians. The Custodian is hereby authorized to endorse and deliver any instrument required to be so endorsed and delivered to effect collection of any amount due and payable to the Fund with respect to Investments.

  • Deemed Collections If on any day:

  • Payments and Contributions Neither the Company, any subsidiary, nor any of its directors, officers or, to its knowledge, other employees has (i) used any Company funds for any unlawful contribution, endorsement, gift, entertainment or other unlawful expense relating to political activity; (ii) made any direct or indirect unlawful payment of Company funds to any foreign or domestic government official or employee; (iii) violated or is in violation of any provision of the Foreign Corrupt Practices Act of 1977, as amended; or (iv) made any bribe, rebate, payoff, influence payment, kickback or other similar payment to any person with respect to Company matters.

  • Payments to Collection Account On or before the applicable Cut-Off Date, the Servicer shall have instructed all Obligors to make all payments in respect of the Collateral Portfolio directly to the Collection Account; provided that the Servicer is not required to so instruct any Obligor which is solely a guarantor or other surety (or an Obligor that is not designated as the “lead borrower” or another such similar term) unless and until the Servicer calls on the related guaranty or secondary obligation.

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