Payments on account. If you so request, we will, subject to our prior consent which consent will not be unreasonably withheld, make payments to you monthly on account during the indemnity period, provided always that:
a) the aggregate amount of such payments shall not exceed the sum insured under the item for which the claim is being paid hereunder, and
b) if the total adjusted loss under this section differs from the quantum of the payments made under this clause then we and you mutually agree to pay or return the difference accordingly.
Payments on account. We may require payment or part payment of our charges and disbursements in advance.
Payments on account. In respect of any section where amounts recoverable from the company are delayed pending finalisation of any claim, payments on account may be made to the participant, if required, at the discretion of the company.
Payments on account. We may request that you make payments on account of costs and expenses incurred when filing a case, and gradually as progress is made in the work or if the amounts delivered on account are gradually used up. The remaining balance of these amounts will be deducted from our final invoice or, at our own choice, from any invoiced amounts on account, in which case we may request the payment of additional amounts to cover future expenses.
Payments on account. From the Commencing Date, the Tenant must pay on account of the Tenant’s Outgoings Contribution the relevant estimate advised under clause 5.2 by equal monthly instalments in advance on the same day and in the same manner as the Tenant is required to pay Rent under this Lease.
Payments on account. Attention: only in justified exceptional cases
Payments on account. Contractor shall be entitled to payments on account as provided in Exhibit 7
Payments on account. Under Section 2 the Company will at the option of the Insured make monthly payments on account during the Indemnity Period.
Payments on account. Tenant shall, when requested by Landlord and with each Monthly Payment, make such payments in advance as Landlord shall reasonably determine to be sufficient to provide in the aggregate a fund adequate to pay, when due, all additional rent required pursuant to Sections 3.03 and 3.04. Any deficiency shall be payable within the time set forth in said Sections, and any surplus shall be credited against outstanding rent or other charges due from Tenant, if any, and any balance shall be refunded to Tenant.
Payments on account. (a) BofI shall establish a segregated deposit account in the name of “Emerald Financial Services, LLC, as Servicer” (the “Distributions Account”) into which it will credit, on a daily basis, all funds received on the Accounts, including all Loan Participation Cash Flows. Servicer shall have the right to make deposits to and withdrawals from the Distribution Account, for the benefit of BofI and Participant, and manage all Advances and Distributions consistent with the terms of this Agreement. BofI shall charge no fees on the Distributions Account. BofI hereby waives all set off rights with respect to the Distributions Account. Servicer, on behalf of the BofI, shall account for and distribute all Distributions on each Business Day during the Promotional Period, and on a monthly basis during any month that is not during the Promotional Period, as follows:
(i) On each Business Day during the Promotional Period, Servicer, on behalf of BofI, shall prepare and send to BofI and Participant a statement showing (i) the Loan Participation Cash Flow received on (or as of) the previous Business Day and (ii) the service fees accrued with respect to the previous Business Day. On each Business Day during the Promotional Period, BofI shall cause the Servicer to distribute to Participant an amount equal to the product of (x) the Loan Participation Cash Flow for the previous Business Day, times (y) the Participant Percentage Interest; and
(ii) With respect to each month that is not in the Promotional Period, within ten (10) Business Days following the completion of such month, Servicer, on behalf of BofI, shall prepare and send to BofI and Participant a statement (the “Monthly Statement”) showing (i) the Loan Participation Cash Flow received during such month and (ii) the service fees accrued with respect to such month. Within one Business Day of providing the Monthly Statement to Participant, BofI shall cause the Servicer to distribute to Participant an amount equal to the product of (x) the Loan Participation Cash Flow for such month, times (y) the Participant Percentage Interest. For the avoidance of doubt, an example of the calculation of the payments to the Participant described in the previous sentence is set forth on Exhibit C.
(b) BofI, or Servicer acting on behalf of the BofI, shall hold all property to be distributed to Participant under Section 5(a) for benefit of Participant in a non-fiduciary capacity, and shall pay or deliver any amounts to be paid to Participa...
