PROCEDURAL RESPONSIBILITIES Sample Clauses

PROCEDURAL RESPONSIBILITIES. Notwithstanding the settlement of the Guarantee defined in this Letter Agreement the Seller will not bear any responsibility or cost related to activities associated with the execution of this Letter Agreement unless otherwise specified in this Letter Agreement.
PROCEDURAL RESPONSIBILITIES a. Syllabi for each faculty member for each course section taught shall be collected and filed with the department in a timely manner. Refer to Appendix H for the required elements of syllabi. b. Faculty member submits grades according to dates posted in the College academic calendar. c. Faculty member submits record of grade justification per College policy according to dates
PROCEDURAL RESPONSIBILITIES. The Prospectus for the Offering shall direct that the payments for Shares (the “Subscription Funds”) along with the accompanying subscription documentation be submitted directly to the Company where it will be reviewed for compliance with the USA PATRIOT Act and any and all other laws. Subscriptions that do not pass this review will be returned by the Company to the Subscriber along with the accompanying remittance. The Subscription Funds for all subscriptions that are reviewed and accepted should be forwarded to the Escrow Agent in the form in which they are received, along with a copy of the subscription documentation which will include the subscriber’s name, address, number of Shares subscribed, and the subscriber’s social security number or tax identification number. The foregoing presentation of subscriber information must be presented in a format that is legible to all who are required to work with and are dependent upon the accuracy of the information. The original subscription documentation should be retained by the Company. The Company warrants that no subscription will be forwarded to the Escrow Agent for further processing until it has been reviewed by the Company and found to be compliant in respect to the previously detailed criteria. The Company also acknowledges that no subscription will be processed and considered complete until the Escrow Agent is in possession of the Subscription Funds and a copy of all accompanying documentation. If the required documentation supporting a funded subscription is not received by the Escrow Agent from the Company in a timely manner, the Escrow Agent, in its sole discretion, may reject the subscription and return the Subscription Funds to the subscriber at the subscriber’s address of record, or via the source from which the funding was received if the subscriber’s address of record is not available, unless alternate instructions are received by the Escrow Agent, in writing, from the subscriber. The Escrow Agent shall notify the Company of all dishonored checks immediately following the Escrow Agent’s notification of same. The Escrow Agent shall deliver to the Company or the Placement Agent, when requested, the date and amounts of each deposit.