Account Status Statements Sample Clauses
The Account Status Statements clause requires one party, typically a financial institution or service provider, to periodically provide statements detailing the current status of an account. These statements may include information such as balances, recent transactions, fees, and any outstanding obligations. By mandating regular updates, this clause ensures transparency and allows account holders to monitor their financial activity, detect errors, and address discrepancies promptly.
Account Status Statements. As soon as available, SPE shall cause TSFC to deliver to Lender any changes in account status for any Leases then outstanding that TSFC becomes aware of from time to time. Account status shall be defined, but not limited to, changes in Lessee billing address, equipment locations, equipment, and/or legal name.
Account Status Statements. 17 8. INDEMNITIES, INSURANCE, FIRST LOSS............................... 17 8.1 Indemnities............................................... 17 8.2 Indemnity Payment......................................... 18 8.3 Insurance................................................. 19 8.4 First Loss Provision...................................... 19 8.5 Excess Proceeds........................................... 19
Account Status Statements. As soon as available, but in any event within 30 days of such change, SPE shall cause TSFC to deliver to Lender any changes in account status for any Leases then outstanding that SPE or TSFC becomes aware of from time to time. Account status shall be defined, but not limited to, changes in Lessee billing address, equipment locations, equipment, and legal name.
Account Status Statements. As soon as available, TSFC shall deliver to Lender any changes in account status for any Leases then outstanding that TSFC becomes aware of from time to time. Account status shall be defined, but not limited to, changes in Lessee billing address, equipment locations, equipment, and/or legal name.
