{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [0, 15]}], "size": 5, "snippet": "With respect to each Company:", "samples": [{"hash": "8rjUae9mW2y", "uri": "/contracts/8rjUae9mW2y#treasury-services", "label": "Sub Administration Services Agreement (Ge Investments Funds Inc)", "score": 23.3230667114, "published": true}, {"hash": "5rZX8PG4hyw", "uri": "/contracts/5rZX8PG4hyw#treasury-services", "label": "Sub Administration Services Agreement (Elfun Income Fund)", "score": 23.3230667114, "published": true}, {"hash": "478tltNGWN0", "uri": "/contracts/478tltNGWN0#treasury-services", "label": "Sub Administration Services Agreement (Elfun Tax Exempt Income Fund)", "score": 23.3230667114, "published": true}], "hash": "e3fd944d2dc4d0074744ffff60ca123f", "id": 4}, {"snippet_links": [{"key": "the-borrowers", "type": "clause", "offset": [0, 13]}, {"key": "related-contract", "type": "definition", "offset": [48, 64]}, {"key": "bank-or-financial-institution", "type": "definition", "offset": [72, 101]}, {"key": "consent-of-the-agent", "type": "clause", "offset": [121, 141]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [143, 169]}, {"key": "this-clause", "type": "clause", "offset": [170, 181]}, {"key": "prohibit-the", "type": "clause", "offset": [191, 203]}, {"key": "information-services", "type": "definition", "offset": [245, 265]}, {"key": "other-banks", "type": "definition", "offset": [271, 282]}, {"key": "financial-institutions", "type": "clause", "offset": [286, 308]}], "size": 5, "snippet": "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.", "samples": [{"hash": "4KkyCcUu6kI", "uri": "/contracts/4KkyCcUu6kI#treasury-services", "label": "Loan Agreement (EuroDry Ltd.)", "score": 34.3675575256, "published": true}, {"hash": "hZPanCy9G08", "uri": "/contracts/hZPanCy9G08#treasury-services", "label": "Loan Agreement (EuroDry Ltd.)", "score": 33.3107452393, "published": true}], "hash": "6424af4c5680384a4f3ef6e5d269d90a", "id": 5}, {"snippet_links": [{"key": "period-of", "type": "definition", "offset": [6, 15]}, {"key": "designated-persons", "type": "definition", "offset": [64, 82]}, {"key": "company-profile", "type": "definition", "offset": [99, 114]}, {"key": "the-applicable", "type": "clause", "offset": [119, 133]}, {"key": "online-banking", "type": "definition", "offset": [134, 148]}, {"key": "to-the-extent", "type": "clause", "offset": [157, 170]}, {"key": "necessary-for", "type": "definition", "offset": [171, 184]}, {"key": "the-bank-accounts", "type": "definition", "offset": [195, 212]}, {"key": "members-of-the", "type": "clause", "offset": [220, 234]}, {"key": "payment-services", "type": "clause", "offset": [274, 290]}, {"key": "at-any-time", "type": "clause", "offset": [366, 377]}, {"key": "reasonable-discretion", "type": "definition", "offset": [385, 406]}, {"key": "costs-incurred", "type": "definition", "offset": [438, 452]}, {"key": "by-a-third-party", "type": "clause", "offset": [501, 517]}], "size": 3, "snippet": "For a period of up to three (3) months, SPX shall permit Flowco-designated persons to use the SPX \u201ccompany profile\u201d 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.", "samples": [{"hash": "cn3ryip9hp3", "uri": "/contracts/cn3ryip9hp3#treasury-services", "label": "Transition Services Agreement", "score": 29.3408622742, "published": true}, {"hash": "9KB3PjT9AbC", "uri": "/contracts/9KB3PjT9AbC#treasury-services", "label": "Transition Services Agreement", "score": 29.3408622742, "published": true}, {"hash": "gWWs8TFNY6K", "uri": "/contracts/gWWs8TFNY6K#treasury-services", "label": "Transition Services Agreement (SPX Corp)", "score": 26.7385349274, "published": true}], "hash": "465fad8253516432c2a81e9592c725fc", "id": 9}, {"snippet_links": [{"key": "to-the-extent", "type": "clause", "offset": [85, 98]}, {"key": "subject-companies", "type": "definition", "offset": [133, 150]}, {"key": "provided-that", "type": "clause", "offset": [167, 180]}, {"key": "each-case", "type": "definition", "offset": [185, 194]}, {"key": "relates-to", "type": "definition", "offset": [201, 211]}, {"key": "subject-company", "type": "definition", "offset": [216, 231]}, {"key": "the-company-has", "type": "clause", "offset": [257, 272]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [274, 296]}, {"key": "to-control", "type": "definition", "offset": [312, 322]}, {"key": "management-of", "type": "clause", "offset": [327, 340]}, {"key": "administration-of", "type": "clause", "offset": [400, 417]}, {"key": "bank-accounts", "type": "definition", "offset": [430, 443]}, {"key": "name-of-the-company", "type": "clause", "offset": [451, 470]}, {"key": "with-respect-to", "type": "clause", "offset": [498, 513]}, {"key": "as-required", "type": "clause", "offset": [544, 555]}, {"key": "payment-of", "type": "definition", "offset": [663, 673]}, {"key": "expenses-of-the-company", "type": "clause", "offset": [689, 712]}, {"key": "distribution-of", "type": "clause", "offset": [758, 773]}, {"key": "in-association-with", "type": "definition", "offset": [819, 838]}, {"key": "reasonable-and-customary", "type": "definition", "offset": [839, 863]}, {"key": "cash-forecast", "type": "clause", "offset": [864, 877]}, {"key": "cash-management-practices", "type": "clause", "offset": [882, 907]}, {"key": "in-accordance-with", "type": "definition", "offset": [912, 930]}, {"key": "documents-and-this-agreement", "type": "clause", "offset": [993, 1021]}, {"key": "maintenance-and-administration", "type": "clause", "offset": [1027, 1057]}, {"key": "available-to", "type": "definition", "offset": [1091, 1103]}, {"key": "terms-and-conditions-of", "type": "clause", "offset": [1156, 1179]}, {"key": "letters-of-credit", "type": "definition", "offset": [1272, 1289]}, {"key": "issued-by", "type": "definition", "offset": [1290, 1299]}, {"key": "on-behalf-of", "type": "definition", "offset": [1301, 1313]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [1318, 1336]}, {"key": "maintenance-by-the-manager", "type": "clause", "offset": [1465, 1491]}, {"key": "rating-agencies", "type": "definition", "offset": [1579, 1594]}, {"key": "other-financial-institutions", "type": "clause", "offset": [1604, 1632]}, {"key": "periodic-maintenance", "type": "definition", "offset": [1679, 1699]}, {"key": "the-projects", "type": "clause", "offset": [1716, 1728]}], "size": 3, "snippet": "The Manager shall provide, or cause to be provided, the following treasury services, to the extent necessary, to the Company and the Subject Companies, as applicable (provided that, in each case as it relates to any Subject Company, only to the extent that the Company has (directly or indirectly) the authority to control the management of such Subject Company):\n(A) establishment, maintenance, and administration of one or more bank accounts in the name of the Company and the Subject Companies (with respect to the Subject Companies, if and as required) in which to deposit the Company\u2019s or the Subject Companies\u2019 receipts, and from which to draw upon for the payment of all reasonable expenses of the Company or the Subject Companies;\n(B) investment and distribution of the Company and the Subject Companies\u2019 funds in association with reasonable and customary cash forecast and cash management practices and in accordance with the terms, conditions, and limitations of all applicable Fund Documents and this Agreement;\n(C) maintenance and administration of any revolving lines of credit available to the Company or the Subject Companies subject to the terms and conditions of all applicable Fund Documents and this Agreement;\n(D) maintenance and administration of any letters of credit issued by, on behalf of, or for the benefit of the Company or any Subject Company subject to the terms and conditions of all applicable Fund Documents and this Agreement;\n(E) maintenance by the Manager of the Company\u2019s and the Subject Companies\u2019 relationships with its banks, bondholders, rating agencies and / or other financial institutions, and their respective legal counsels; and\n(F) periodic maintenance and analysis of the Projects\u2019 long-term economic projections.", "samples": [{"hash": "kSxQyH5NjxG", "uri": "/contracts/kSxQyH5NjxG#treasury-services", "label": "Limited Liability Company Agreement (Clearway Energy LLC)", "score": 31.1656398773, "published": true}, {"hash": "9wJA62UDkRs", "uri": "/contracts/9wJA62UDkRs#treasury-services", "label": "Limited Liability Company Agreement (Clearway Energy, Inc.)", "score": 31.1656398773, "published": true}, {"hash": "gb4mZ14vZHc", "uri": "/contracts/gb4mZ14vZHc#treasury-services", "label": "Limited Liability Company Agreement (NRG Yield, Inc.)", "score": 26.5879535675, "published": true}], "hash": "cfaa5a72b8499b08aae46d04bbf082b5", "id": 10}, {"snippet_links": [{"key": "services-for", "type": "clause", "offset": [0, 12]}, {"key": "administration-of", "type": "clause", "offset": [17, 34]}, {"key": "treasury-functions", "type": "clause", "offset": [43, 61]}, {"key": "from-time-to-time", "type": "clause", "offset": [82, 99]}, {"key": "capital-structure", "type": "definition", "offset": [156, 173]}, {"key": "for-operations", "type": "clause", "offset": [219, 233]}, {"key": "credit-lines", "type": "definition", "offset": [244, 256]}, {"key": "compliance-with-financial-covenants", "type": "clause", "offset": [282, 317]}], "size": 4, "snippet": "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.", "samples": [{"hash": "58oOslq4ZWG", "uri": "/contracts/58oOslq4ZWG#treasury-services", "label": "Services Agreement", "score": 34.1184005737, "published": true}, {"hash": "8edvTSseI7z", "uri": "/contracts/8edvTSseI7z#treasury-services", "label": "Master Intercompany Services Agreement", "score": 29.3408622742, "published": true}, {"hash": "7jeIwBvLAuZ", "uri": "/contracts/7jeIwBvLAuZ#treasury-services", "label": "Master Intercompany Services Agreement (Mariner, LLC)", "score": 21.162902832, "published": true}], "hash": "d33223956b2011d8ff647c2e6763ee9e", "id": 8}, {"snippet_links": [{"key": "terms-of", "type": "definition", "offset": [15, 23]}, {"key": "pooling-arrangements", "type": "clause", "offset": [28, 48]}, {"key": "relation-to-the-company", "type": "clause", "offset": [68, 91]}, {"key": "manager-may", "type": "definition", "offset": [116, 127]}, {"key": "to-operate", "type": "definition", "offset": [142, 152]}, {"key": "bank-accounts", "type": "definition", "offset": [167, 180]}, {"key": "in-accordance-with", "type": "definition", "offset": [181, 199]}, {"key": "the-board", "type": "clause", "offset": [219, 228]}, {"key": "from-time-to-time", "type": "clause", "offset": [229, 246]}, {"key": "pursuant-to-such", "type": "clause", "offset": [262, 278]}, {"key": "to-open", "type": "clause", "offset": [322, 329]}, {"key": "account-agreements", "type": "definition", "offset": [381, 399]}, {"key": "contracts-or-agreements", "type": "clause", "offset": [419, 442]}, {"key": "required-by", "type": "definition", "offset": [455, 466]}, {"key": "the-banks", "type": "clause", "offset": [467, 476]}, {"key": "all-amounts-due", "type": "clause", "offset": [553, 568]}, {"key": "from-third-parties", "type": "clause", "offset": [569, 587]}, {"key": "responsible-for", "type": "clause", "offset": [640, 655]}, {"key": "for-the-purpose-of", "type": "definition", "offset": [712, 730]}, {"key": "overdue-amounts", "type": "definition", "offset": [746, 761]}, {"key": "for-the-company", "type": "definition", "offset": [793, 808]}, {"key": "to-third-parties", "type": "clause", "offset": [850, 866]}, {"key": "fall-due", "type": "definition", "offset": [875, 883]}, {"key": "company-accounts", "type": "clause", "offset": [1023, 1039]}, {"key": "other-companies", "type": "definition", "offset": [1064, 1079]}, {"key": "seadrill-group", "type": "definition", "offset": [1087, 1101]}, {"key": "other-documentation", "type": "clause", "offset": [1141, 1160]}, {"key": "for-payments", "type": "definition", "offset": [1161, 1173]}, {"key": "in-existence", "type": "definition", "offset": [1186, 1198]}], "size": 9, "snippet": "Subject to the terms of any pooling arrangements which may exist in relation to the Company and its assets:\n(a) The Manager may be authorized to operate the Company\u2019s 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\u2019s 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.\n(b) The Manager shall be authorized to collect all amounts due from third parties to the Company on the Company\u2019s behalf and shall be responsible for the establishment and follow-up of efficient procedures for the purpose of collecting any overdue amounts.\n(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\u2019s behalf.\n(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.", "samples": [{"hash": "cDYBYn92JQE", "uri": "/contracts/cDYBYn92JQE#treasury-services", "label": "Management and Administrative Services Agreement", "score": 29.3408622742, "published": true}, {"hash": "33QlZiYVgHV", "uri": "/contracts/33QlZiYVgHV#treasury-services", "label": "Management and Administrative Services Agreement", "score": 29.3408622742, "published": true}, {"hash": "ic365jLM1Tx", "uri": "/contracts/ic365jLM1Tx#treasury-services", "label": "Management and Administrative Services Agreement (North Atlantic Drilling Ltd.)", "score": 22.8521556854, "published": true}], "hash": "7ac99bec22ed9a30893bf83ea58a57d0", "id": 2}, {"snippet_links": [{"key": "subject-to", "type": "definition", "offset": [0, 10]}, {"key": "policies-and-guidelines", "type": "definition", "offset": [26, 49]}, {"key": "by-the-company", "type": "clause", "offset": [62, 76]}, {"key": "from-time-to-time", "type": "clause", "offset": [77, 94]}, {"key": "treasury-functions", "type": "clause", "offset": [115, 133]}, {"key": "cash-management", "type": "clause", "offset": [145, 160]}, {"key": "bank-accounts", "type": "definition", "offset": [209, 222]}, {"key": "amounts-due", "type": "definition", "offset": [235, 246]}, {"key": "from-third-parties", "type": "clause", "offset": [247, 265]}, {"key": "company-accounts", "type": "clause", "offset": [301, 317]}], "size": 4, "snippet": "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.", "samples": [{"hash": "95RcgmSTPP9", "uri": "/contracts/95RcgmSTPP9#treasury-services", "label": "Master Services Agreement (Transocean Partners LLC)", "score": 25.591375351, "published": true}, {"hash": "2CETPpqwf62", "uri": "/contracts/2CETPpqwf62#treasury-services", "label": "Master Services Agreement (Transocean Partners LLC)", "score": 25.591375351, "published": true}, {"hash": "dg6J5tOkcTY", "uri": "/contracts/dg6J5tOkcTY#treasury-services", "label": "Master Services Agreement (Transocean Partners LLC)", "score": 25.5311431885, "published": true}], "hash": "8c86419a891fa404cd1b01f707df945f", "id": 6}, {"snippet_links": [{"key": "the-review", "type": "clause", "offset": [12, 22]}, {"key": "of-the-advisor", "type": "clause", "offset": [48, 62]}, {"key": "information-regarding", "type": "clause", "offset": [92, 113]}, {"key": "shareholder-reports", "type": "clause", "offset": [192, 211]}, {"key": "other-quarterly-reports", "type": "clause", "offset": [217, 240]}, {"key": "mutually-agreed", "type": "clause", "offset": [245, 260]}, {"key": "where-applicable", "type": "clause", "offset": [303, 319]}], "size": 16, "snippet": "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\u2019s semi-annual and annual shareholder reports, and other quarterly reports (as mutually agreed upon), including tax footnote disclosures where applicable;", "samples": [{"hash": "alBwsczdZuS", "uri": "/contracts/alBwsczdZuS#treasury-services", "label": "Sub Administration Agreement (T. Rowe Price Exchange-Traded Funds, Inc.)", "score": 35.3613963039, "published": true}, {"hash": "6NUa1lEM0cn", "uri": "/contracts/6NUa1lEM0cn#treasury-services", "label": "Sub Administration Agreement (T. Rowe Price Exchange-Traded Funds, Inc.)", "score": 35.3093757629, "published": true}, {"hash": "l4o2VpMQekO", "uri": "/contracts/l4o2VpMQekO#treasury-services", "label": "Sub Administration Agreement (T. Rowe Price Exchange-Traded Funds, Inc.)", "score": 35.1505813599, "published": true}], "hash": "3206b996ac77e640beaf483e5cc3588c", "id": 1}, {"snippet_links": [{"key": "amendments-to-registration-statement", "type": "clause", "offset": [8, 44]}, {"key": "provide-information", "type": "clause", "offset": [46, 65]}, {"key": "as-requested", "type": "clause", "offset": [66, 78]}, {"key": "preparation-and-filing", "type": "clause", "offset": [95, 117]}, {"key": "effective-amendments", "type": "definition", "offset": [126, 146]}, {"key": "the-\u2587", "type": "clause", "offset": [181, 186]}, {"key": "the-sec", "type": "definition", "offset": [215, 222]}, {"key": "actions-taken", "type": "clause", "offset": [249, 262]}, {"key": "the-registration", "type": "clause", "offset": [281, 297]}, {"key": "review-and-approve", "type": "clause", "offset": [359, 377]}, {"key": "mail-to", "type": "definition", "offset": [379, 386]}], "size": 6, "snippet": "Prepare amendments to Registration Statement. Provide information as requested. Coordinate the preparation and filing of post-effective amendments. Coordinate with outside printers the \u2587\u2587\u2587\u2587\u2587 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.", "samples": [{"hash": "dRjcP4zbKdT", "uri": "/contracts/dRjcP4zbKdT#treasury-services", "label": "Sub Administration Agreement (MassMutual Advantage Funds)", "score": 30.8548946381, "published": true}, {"hash": "6usMuqOeff2", "uri": "/contracts/6usMuqOeff2#treasury-services", "label": "Sub Administration Agreement (MML Series Investment Fund)", "score": 25.3216972351, "published": true}, {"hash": "ckg2A6IeyAb", "uri": "/contracts/ckg2A6IeyAb#treasury-services", "label": "Sub Administration Agreement (Massmutual Premier Funds)", "score": 25.0835037231, "published": true}], "hash": "8ee47155c13af3f4314e0048e7d0f28a", "id": 3}, {"snippet_links": [{"key": "until-december", "type": "definition", "offset": [0, 14]}, {"key": "thermo-electron", "type": "definition", "offset": [25, 40]}, {"key": "management-support-services", "type": "clause", "offset": [76, 103]}, {"key": "finance-support-services", "type": "clause", "offset": [120, 144]}, {"key": "international-cash", "type": "definition", "offset": [146, 164]}, {"key": "services-and", "type": "clause", "offset": [184, 196]}, {"key": "credit-support", "type": "definition", "offset": [197, 211]}], "size": 4, "snippet": "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.", "samples": [{"hash": "jk4zQC0A96H", "uri": "/contracts/jk4zQC0A96H#treasury-services", "label": "Transition Services Agreement (Viasys Healthcare Inc)", "score": 16.0, "published": true}, {"hash": "gkGPC21gzKo", "uri": "/contracts/gkGPC21gzKo#treasury-services", "label": "Transition Services Agreement (Viasys Healthcare Inc)", "score": 16.0, "published": true}, {"hash": "cahWZCZKE6e", "uri": "/contracts/cahWZCZKE6e#treasury-services", "label": "Transition Services Agreement (Viasys Healthcare Inc)", "score": 16.0, "published": true}], "hash": "fa4556a7840365e955f17617f1392195", "id": 7}], "next_curs": "CloSVGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjYLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ihp0cmVhc3VyeS1zZXJ2aWNlcyMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"size": 119, "title": "Treasury Services", "parents": [["services", "SERVICES"], ["manager", "Manager"], ["management", "Management"], ["general-undertakings", "General Undertakings"], ["miscellaneous", "Miscellaneous"]], "children": [["termination", "Termination"], ["documentation", "Documentation"], ["subsidiaries", "Subsidiaries"], ["indemnification-limitation-of-liability", "Indemnification; Limitation of Liability"], ["foreign-exchange-activities", "Foreign Exchange Activities"]], "id": "treasury-services", "related": [["fund-administration-treasury-services", "Fund Administration Treasury Services", "Fund Administration <strong>Treasury Services</strong>"], ["administration-services", "Administration Services", "Administration Services"], ["special-services", "Special Services", "Special Services"], ["mobile-banking-services", "Mobile Banking Services", "Mobile Banking Services"], ["eft-services", "EFT SERVICES", "EFT SERVICES"]], "related_snippets": [], "updated": "2026-05-15T04:24:17+00:00", "also_ask": ["What are the essential services and deliverables that must be explicitly defined in a Treasury Services clause?", "How can parties allocate liability for errors or delays in treasury transactions to minimize risk?", "What negotiation levers exist regarding service fees, termination rights, and performance standards?", "How do Treasury Services clauses differ across jurisdictions or under different regulatory regimes?", "What are the most common enforceability challenges for Treasury Services clauses in litigation?"], "drafting_tip": "Specify the range of treasury services provided to prevent misunderstandings; define performance standards to ensure accountability; outline payment terms to clarify financial obligations.", "explanation": "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."}, "json": true, "cursor": ""}}