Remit Funds Sample Clauses

Remit Funds. After the Closing, the Seller shall promptly transfer and deliver to Buyer any cash or other property, including the payments related to the accounts receivable, if any, that the Seller may receive related to the Purchased Assets or the Business.
AutoNDA by SimpleDocs
Remit Funds. After the Closing, Seller and Buyer shall promptly transfer and deliver to Buyer or Seller, as the case may be, any cash or other property, if any, that it may receive related to the Business or the Purchased Assets or the Retained Assets, as applicable, and to which the other is entitled pursuant to the terms of this Agreement. Without limiting the generality of the foregoing, Buyer shall remit to Seller any insurance proceeds received by Buyer under Seller's insurance policies arising from claims which are subject to indemnification under Article VI of this Agreement to the extent Buyer has received indemnification in respect of such claims from Seller pursuant to Article VI of this Agreement.
Remit Funds. After the Effective Date of this Agreement, the GG Group shall promptly transfer and deliver to the Clearview Group any cash or other property, if any, that the GG Group may receive relating to the operation of the Theaters subsequent to the Effective Date and the Clearview Group shall promptly transfer and deliver to the GG Group any cash or other property, if any, that the Clearview Group may receive relating to the operation of the Theaters prior to the Effective Date of this Agreement.
Remit Funds. After the Closing Date, Seller shall promptly transfer and deliver to Buyer any cash or other property, if any, that Seller may hold or receive to which Buyer or the Company is entitled hereunder.
Remit Funds. After the Closing, (i) Seller shall promptly transfer and deliver to Buyer any cash or other property, if any, that Seller may receive related to the YM Business or the Assets which was earned by the YM Business after the Closing; and (ii) Buyer shall promptly transfer and deliver to Seller any cash or other property, if any, that Buyer may receive related to the YM Business or the Assets which was earned by the YM Business prior to the Closing.
Remit Funds. After the Closing, the Company shall promptly transfer and deliver to Buyer any cash or other property, if any, that the Company may receive related to the Business or the Purchased Assets.
Remit Funds. 28 (d) ASSUMED LIABILITIES CONTROLLED BY BUYER...............................................29
AutoNDA by SimpleDocs
Remit Funds. After the Closing, Sellers shall promptly (but no less frequently than weekly) transfer and deliver to Buyer any cash or other property, if any, that Sellers may receive related to the Business or the Purchased Assets.

Related to Remit Funds

  • Tax Funds 49 Section 9.2. Insurance Premium Funds..........................................50 Section 9.3. Ordinary Capital Expenditures Funds..............................51

  • Income Funds T. Rowe Price Multi-Sector Account Portfolios, Inc. on behalf of:

  • Payment Fund “Payment Fund” is defined in Section 2.6(a) of the Agreement.

  • Settlement Funds The Servicer shall be named as a payee on all insurance loss drafts and upon receipt thereof, the funds shall be credited to the Borrower's Insurance Proceeds balance and deposited into (a) where such funds will be applied to the repair and restoration of the related Mortgaged Property and where required by applicable state law, one or more separate escrow accounts, so that the balance on deposit in such accounts is fully insured at all times by the FDIC through either the BIF or SAIF or (b) where such funds will not be applied to the repair and restoration of the related Mortgaged Property, the respective Custodial P&I Account.

  • Pre-Funding Account On the Closing Date, the Depositor shall deposit in the Pre-Funding Account $0.00 (the “Pre-Funding Account Initial Deposit”) from the net proceeds of the sale of the Notes. On each Subsequent Transfer Date, if any, upon satisfaction of the conditions set forth in Section 2.03(b) with respect to such transfer, the Servicer shall instruct the Indenture Trustee to withdraw from the Pre-Funding Account (i) an amount equal to [RESERVED]% of the result of the aggregate Starting Principal Balance of the Subsequent Receivables transferred to the Trust on such Subsequent Transfer Date less the Yield Supplement Overcollateralization Amount with respect to such Subsequent Receivables as of the related Cutoff Date and (ii), on behalf of the Depositor, deposit into the Reserve Account a portion of such funds equal to the Reserve Account Subsequent Transfer Deposit with respect to such Subsequent Transfer Date and distribute the remainder to or upon the order of the Depositor as payment for such Subsequent Receivables. If the Pre-Funded Amount has not been reduced to zero on the Payment Date immediately following the calendar month in which the Funding Period, if any, ends, the Servicer shall instruct the Indenture Trustee to transfer from the Pre-Funding Account on such Payment Date any amount then remaining in the Pre-Funding Account to the Note Distribution Account for distribution in accordance with Section 8.02(g) of the Indenture.

  • Suspense Funds Schedule 4.1(o) is a true and correct list as of -------------- August 31, 1999 of all amounts held by the E&P Partnership and/or the Subsidiaries in suspense accounts, or otherwise, related to the Properties for the benefit or account of any other Person.

  • Distributions from Collection Account Subject to Section 8.2(e), on each Payment Date the Indenture Trustee will (based on the information in the most recent Monthly Investor Report) withdraw from the Collection Account and make deposits and payments, to the extent of Available Funds in the Collection Account for that Payment Date, in the following order of priority (pro rata within each priority level based on the amounts due except as otherwise stated):

  • Investment Funds Unregistered general or limited partnerships or pooled investment vehicles and/or registered investment companies in which the Company (directly, or indirectly through the Master Fund) invests its assets that are advised by an Investment Manager.

  • Trust Funds In the event that any party hereto should receive any funds that are to be paid to another party pursuant to the terms of this Agreement, then the receiving party shall hold such funds in trust for the benefit of the party entitled to receive such funds and shall promptly pay such funds to the party entitled to receive such funds in accordance with this Agreement.

  • Distributions from Certificate Account and Special Payments Account (a) On each Regular Distribution Date with respect to a series of Certificates or as soon thereafter as the Trustee has confirmed receipt of the payment of all or any part of the Scheduled Payments due on the Equipment Notes held (subject to the Intercreditor Agreement) in the related Trust on such date, the Trustee shall distribute out of the applicable Certificate Account the entire amount deposited therein pursuant to Section 4.01(a). There shall be so distributed to each Certificateholder of record of such series on the Record Date with respect to such Regular Distribution Date (other than as provided in Section 11.01 concerning the final distribution) by check mailed to such Certificateholder, at the address appearing in the Register, such Certificateholder’s pro rata share (based on the Fractional Undivided Interest in the Trust held by such Certificateholder) of the total amount in the applicable Certificate Account, except that, with respect to Certificates registered on the Record Date in the name of a Clearing Agency (or its nominee), such distribution shall be made by wire transfer in immediately available funds to the account designated by such Clearing Agency (or such nominee).

Time is Money Join Law Insider Premium to draft better contracts faster.