Accounting Functions. The accounting and fiscal functions performed by the University business office shall be in accordance with the Gift Transmittal Policy (attached hereto and incorporated by reference).
Accounting Functions. During the Interim Period, the Company and Company LP shall use commercially reasonable efforts, and shall direct each of its employees to use commercially reasonable efforts, to reasonably cooperate with the accounting group of RMR LLC in connection with the transition of accounting functions with respect to the Company, Company LP and the Company Subsidiaries to RMR LLC.
Accounting Functions. In performance of and as a part of the Services, and included in the Base Charges (unless expressly designated a Reimbursable Cost), and subject to the other provisions of this Agreement, Contractor shall provide Contractor Personnel set forth in Section 2.1.1 and Section 2.1.2 (and additional Contractor Personnel pursuant to Section 2.1.4) to supervise, ANNEX 'A' SCOPE OF SERVICE -------------------------------------------------------------------------------- administer, coordinate, manage, account for, pay invoices in respect of and otherwise ensure the performance of the duties and obligations set forth below:
a) Pay all Third Party and Affiliate invoices submitted to Operator in Ecuador (other than those Operator requires to be paid from its office in Houston, Texas) and all Third Party and Affiliate invoices submitted to Contractor in connection with the Operations and/or the Services in accordance with Government Invoicing Regulations and Applicable Law. Contractor shall obtain Operator's approval prior to paying any invoices for Services performed by an Affiliate of Contractor in excess of $3,000.00.
b) Fax to Operator all invoices submitted to Operator in excess of $5,000 USD (or $5,000 USD equivalent) for prior written approval before payment from either of Operator's bank accounts in Quito can be made (unless otherwise specifically agreed by Operator).
c) Send Operator an itemization of all invoices submitted to Operator and paid from both of Operator's bank accounts in Quito along with an original of all invoices and a copy of Operator's bank accounts checkbook registers once each month. (Operator will return the original invoices to Contractor after they have been registered in the Operator's books and photocopied).
d) Supply to Operator, on a monthly basis, a sufficiently detailed schedule containing an itemization of all charges incurred under this Agreement, including without limitation, Base Charges, Reimbursable Costs and all Third Party invoices paid, along with all necessary supporting documentation.
e) Prepare all production accounting, including, tracking of the volumes of hydrocarbons produced, in storage and delivered for sale in accordance with Operator's policies and procedures.
f) Maintain current records of allocation of hydrocarbons under the Charapa Contract with Petroecuador.
g) Prepare and submit to the hydrocarbons purchaser by the tenth (10/th/) of the month following the month of production (or as otherwise may be provided...
Accounting Functions. The parties agree that BT shall manage, in accordance with generally accepted accounting principals consistently applied ("GAAP"), all financial reporting and accounting functions for the Newco Group, including, without limitation, all internal controls and compliance and receipt of all cancelled checks; provided, however, that the check-writing function shall be managed by the Managing Directors of each of Offshore Newco and China Newco, under the guidance of their respective Boards of Directors. Each entity within the Newco Group shall adopt the United States Dollar as the bookkeeping base currency, but may also use other foreign currencies as supplemental bookkeeping currencies. All bank accounts opened for Offshore Newco, China Newco and/or any Intermediate Entity or Additional Entity, will be with such international banking institutions, as BT shall determine, that, to the extent possible, have operations in the United States as well as in China and in the domiciliary jurisdiction of Offshore Newco. To the fullest extent allowed by PRC Law, all accounts shall be held in United States Dollars. The parties agree to work together to apply for and obtain any consent or approval required to open accounts with such banking institutions required by any governmental authority pursuant to applicable law. BT shall be permitted to charge a reasonable and appropriate portion of its administrative overhead to the Newco Group as consideration for the provision of such accounting functions and oversight (the "Services Fee"), and the parties shall cooperate to the fullest extent necessary to obtain any approval required for the payment of such Services Fee. Newco Group's financial statements shall be audited as and to the extent required by United States securities laws by virtue of BT's ownership interest therein, by an accounting firm acceptable to the BT Directors. To the fullest extent allowed by applicable law, such accounting firm shall audit all other matters relating, directly or indirectly, to the financial condition of Newco Group. All fees for such accounting firm shall be paid by Newco Group. Newco Group shall, to the extent requested by BT, cooperate with BT to provide such information as required by BT to reconcile Newco Group's financial statements with United States GAAP reporting requirements. China Newco may be further audited by a statutory auditor as may be required by any PRC Law.
Accounting Functions. From and after the Closing Date through the date that is six months from the Closing Date, Seller will provide Purchaser with the accounting services listed on Schedule 4.6 (the “Accounting Services”), for a monthly fee of $5,000; provided, however, that Purchaser may terminate this arrangement at any time upon 30 days written notice to Seller. The monthly fee for the Accounting Services shall be paid to Seller on the Closing Date and on each monthly anniversary thereof during such six-month period.
Accounting Functions. Chadmoore shall provide to ERS such assistance in the transfer of the financial and accounting records related to the operation of the Five Channel System as may be reasonably requested by ERS to facilitate the transfer of the accounting functions to ERS.
Accounting Functions. All Company accounting functions and cash flow activities will be promptly integrated with Purchaser's Pasadena accounting office following the Closing Date. Upon notice from Purchaser, the Company will direct all insurance carriers and other payors, and all vendors and other payees, to direct all payments and invoices to Pasadena. Any payments received in Xxxxxxx pending the change of address will be promptly redirected to Pasadena. The Purchaser and the Company shall weekly reconcile collections and payments until all transition issues have been mutually satisfied.
Accounting Functions. The Seller will direct all insurance carriers and other payors to direct all payments due to the Purchaser hereunder relating to the Book of Business to the Purchaser's Fresno, California servicing center commencing immediately after the Closing Date. Any such payments received at the Seller's existing facilities pending the change of address will be promptly redirected to the Purchaser's Fresno center.
Accounting Functions. St. Joe xxxll also assume and perform all of GCC's internal accounting functions and provide GCC with the accounting reports described in this Agreement.
Accounting Functions. All accounting functions and cash flow activities will be moved from the Company to Purchaser's Pasadena or Fresno accounting office effective on the Closing Date. The Company will direct all insurance carriers and other payors to direct all payments to Pasadena or Fresno commencing immediately after the Closing Date. Any payments received at the Company's existing facility in Fresno pending the change of address will be promptly redirected to Pasadena.
