Treasury Services Clause Samples
The Treasury Services clause defines the range of financial management and banking services provided by one party to another, typically including activities such as cash management, payment processing, and liquidity solutions. In practice, this clause outlines the specific services offered, the responsibilities of each party, and any applicable fees or service standards. Its core function is to clearly delineate the scope and terms of treasury-related services, ensuring both parties understand their obligations and reducing the risk of disputes over service expectations.
POPULAR SAMPLE Copied 1 times
Treasury Services. With respect to each Company:
Treasury Services. The Borrowers shall not enter into any treasury related contract with a bank or financial institution, without the prior consent of the Agent. For the avoidance of doubt this clause will not prohibit the Borrowers from obtaining advisory and/or information services from other banks or financial institutions.
Treasury Services. Coordinate processing of treasury services which shall include (i) setting up new bank accounts for each Cayman and Trading LLC’s, (ii) providing cash reconciliations for each entity monthly or upon request, and (iii) coordinate, execute and give third party approval for all cash movements in accordance with the fund entity offering documents, for investor subscriptions/redemptions, manager investments subscriptions/redemptions and payment of all fees and expenses for the fund entities.
Treasury Services. For a period of up to three (3) months, SPX shall permit Flowco-designated persons to use the SPX “company profile” in the applicable online banking systems to the extent necessary for access to the bank accounts of the members of the Flowco Group or any related processing/payment services. SPX may limit or discontinue access to selected Flowco-designated persons at any time in its reasonable discretion. Flowco will reimburse SPX for costs incurred for any such Treasury-related services provided by a third party.
Treasury Services. Services for the administration of certain treasury functions as may be requested from time to time, which may include but shall not be limited to managing capital structure, and investment & debt portfolios; financing for operations; managing credit lines and facilities; managing compliance with financial covenants.
Treasury Services. Prepare for the review by designated officer(s) of the Advisor or the Corporation financial information regarding the Fund(s) that will be included in the Corporation’s semi-annual and annual shareholder reports, and other quarterly reports (as mutually agreed upon), including tax footnote disclosures where applicable;
Treasury Services. Subject to any investment policies and guidelines established by the Company from time to time, assistance for all treasury functions, including cash management, making and managing investments, administering bank accounts, collecting amounts due from third parties, settling debts and settling inter-company accounts.
Treasury Services. Subject to the terms of any pooling arrangements which may exist in relation to the Company and its assets:
(a) The Manager may be authorized to operate the Company’s bank accounts in accordance with such principles as the Board from time to time shall approve. Pursuant to such authorization, the Manager may be entitled to open bank accounts in the Company’s name and enter into account agreements and all such other contracts or agreements as shall be required by the banks and others for this purpose.
(b) The Manager shall be authorized to collect all amounts due from third parties to the Company on the Company’s behalf and shall be responsible for the establishment and follow-up of efficient procedures for the purpose of collecting any overdue amounts.
(c) The Manager shall arrange for the Company to settle its debts and accounts payable to third parties as such fall due, while pursuing a satisfactory solution of any dispute in relation thereto on the Company’s behalf.
(d) The Manager shall settle all inter-company accounts between the Company and other companies in the Seadrill Group in accordance with such agreements and other documentation for payments as shall be in existence from time to time.
Treasury Services. Prepare amendments to Registration Statement. Provide information as requested. Coordinate the preparation and filing of post-effective amendments. Coordinate with outside printers the ▇▇▇▇▇ conversion, filing with the SEC. Provide updates on board actions taken that would impact the registration structure. Coordinate printing of prospectus with Donnelley. Review and approve. Mail to shareholders. A - Provide consents as appropriate.
Treasury Services. Until December 31, 2001, Thermo Electron shall provide Viasys domestic cash management support services, domestic trade finance support services, international cash management support services and credit support services.