Vendor Payments. All LIHWAP payments made to a Vendor shall be applied to current water and/or wastewater services costs. LIHWAP payments that exceed current costs shall be applied as credit to the customers’ account. Credit balances shall be handled in accordance with the policies of this contract. Any balance remaining shall be credited to the customers’ account.
Vendor Payments. Except as set forth on SCHEDULE 10.7, since June 30, 2001, all vendor payments of Orbitform have been made in a manner consistent with past practices, as cash has been made available and all vendor payments of Ideal Products have been made in accordance with instructions from corporate cash management. No advances have been made to any vendors of Orbitform or Ideal Products.
Vendor Payments. All regular heating and regular PB payments made to a fuel supplier shall be applied to current heating season costs. WHEAP payments that exceed current heating season costs shall be applied as credit to the customers’ account. Credit balances shall be handled in accordance with the policies of this agreement. Any balance remaining shall be credited to the customer’s account.
Vendor Payments. 18 10.8 Arbor Automation................................................19 10.9
Vendor Payments. Energy assistance payments must be in the form of a voucher or direct payment to the deliverable fuel provider and cannot be paid to a landlord or client. An eligible client whose bill is in the landlord’s name can be assisted as long as payment for the deliverable fuel is made directly to the deliverable fuel provider. The Grantee must document this information in the client file.
Vendor Payments. Schedule 2.3 sets forth all amounts payable to vendors of the Sellers for forfeiture or refund of new store funds or other incentive payments as a result of the transactions contemplated under this Agreement (collectively, the “Vendor Payments”).
Vendor Payments. Schedule 2.4 sets forth all Contracts between the Company or any Company Subsidiary and vendors of mattresses or bedding products (the “Company Mattress Vendors”) or any third party consumer finance provider, including amounts payable under such Contracts to any such Company Mattress Vendor or third party consumer finance provider (i) for forfeiture or refund of new store funds, (ii) relating to the financing pursuant to that certain Amended and Restated Retailer Program Agreement, dated as of December 22, 2010, by and between GE Capital Retail Bank, formerly known as GE Money Bank, the Company, and Sleep Country USA, LLC, as amended by that certain First Amendment to Retailer Program Agreement, dated as of September 1, 2013, as a result of (A) the transactions contemplated under this Agreement or (B) the termination of the applicable Contracts with any Company Mattress Vendor or (iii) relating to any termination of Contracts between the Company or any Company Subsidiary and any Company Mattress Vendor. The Buyer shall be liable for and pay if and when due all amounts referred to in clauses (i) and (ii) of this Section 2.4 (the “Buyer Vendor Payments”), and the Sellers shall be liable for and pay if and when due any amounts referred to in clause (iii) of this Section 2.4 (the “Company Vendor Payments”).
Vendor Payments. THE SOURCE acknowledges that all moneys received by THE SOURCE from KMART vendors as part of providing the Services are the sole and exclusive property of KMART, and THE SOURCE hereby waives any and all claims to such vendor funds. All vendor funds received by THE SOURCE will be forwarded to KMART without deduction or offset of any kind by THE SOURCE. The vendor funds received by THE SOURCE shall at all times be kept separate from the other funds of THE SOURCE. Further, no assignee for the benefit of creditors, custodian, receiver, trustee in bankruptcy appointed for THE SOURCE, or any other person charged with taking custody of THE SOURCE's assets or business shall obtain any rights to the vendor funds collected by THE SOURCE on behalf of KMART.
Vendor Payments. Seller shall have provided DRA with written evidence satisfactory to DRA that Seller has made or shall make at the time of closing all payments to its vendors with respect to the Purchased Assets, whether or not then due (any disputed amounts will be paid into an escrow account with an independent escrow agent and shall be held in escrow until the matter is resolved, provided that all such disputed and/or unpaid amounts shall constitute Retained Liabilities); provided, however, DRA shall pay the tooling obligations to Xxxxxx Industries ($29,100), National Induction ($6,400) and Aero Grinding ($560) and the amount owing to Canadian Measurement Technologies ($2,136.43).
Vendor Payments. The Seller Parties shall remain fully and finally responsible for any and all payments to any and all vendors for services provided on or before the Closing Date.
