Additional Service Provider Duties Sample Clauses

Additional Service Provider Duties. Provided the same are timely given to Service Provider, Service Provider will timely forward financial statements of the REIT, operating statements of its real properties and other reports to lenders. Service Provider shall forward to REIT requests for information received from lenders, provided, however. Service Provider shall be under no obligation to furnish any requested information except as it applies to loan payments made by Service Provider on behalf of the REIT as herein provided. Service Provider will forward to REIT other notices it may receive from lenders pertaining to loans being serviced by Service Provider, but shall have no liability for late or non-receipt of such notices by REIT. Service Provider will exercise commercially reasonable efforts to deal with assertions by lenders of non- receipt or late receipt of loan payments that are or were to be remitted to lender by Service Provider. Service Provider will not be responsible for any late payment charges or default interest payments except in the event Service Provider was negligent in timely effecting loan payments when sufficient funds from the REIT were on deposit with the Service Provider or miscalculated the amount of a payment due and paid the lender less than the amount due for a payment (unless otherwise directed by REIT).
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Related to Additional Service Provider Duties

  • Transitional Services Seller shall provide to Buyer, with respect to each Specified Business, upon written request from Buyer received by Seller no later than 30 days prior to the Closing Date, such services as may be reasonably requested by Buyer in connection with the operation of such Specified Business for a commercially reasonable transition period following the Closing to allow for conversion of existing or replacement services, in each case to the extent and only to the extent Seller or its Affiliates retains the Assets and employees necessary to allow the provision of such services (“Transitional Services”). In addition, between the date hereof and the Closing, Seller shall use commercially reasonable efforts to cooperate with Buyer to assist Buyer in developing and implementing a plan of transition. Buyer shall promptly reimburse Seller for the reasonable out-of-pocket costs and any incremental costs and expenses necessary to provide Transitional Services. All other terms and conditions for the provision of Transitional Services shall be reasonably satisfactory to both Buyer and Seller and subject to applicable Law.

  • Additional Services In addition to, and neither in lieu nor in contravention of, the services set forth in the above paragraph, the Transfer Agent shall perform the following services:

  • Transitional Services Agreement Seller shall have executed and delivered the Transitional Services Agreement.

  • Services and Duties of USBFS USBFS shall provide the following accounting services to the Fund:

  • Optional Services To the extent that the Fund elects to engage the Transfer Agent to provide the services listed below the Fund shall engage the Transfer Agent to provide such services upon terms and fees to be agreed upon by the parties:

  • Modification of Services The Company may modify its selection of services at any time during the calendar year by giving DRS written notice of the additional services it wishes to receive, and/or the services it no longer wishes to receive, from DRS. The requested modification in services shall take effect on the first day of the first calendar month beginning at least thirty (30) days after the Company sent written notice to DRS.

  • Personal Services The Member shall not be required to perform services for the Company solely by virtue of being a Member.

  • Services and Duties of the Distributor A. The Distributor agrees to sell Shares on a best efforts basis as agent for the Trust upon the terms and at the current offering price (plus sales charge, if any) described in the Prospectus. As used in this Agreement, the term “Prospectus” shall mean the current prospectus, including the statement of additional information, as both may be amended or supplemented, relating to the Fund and included in the currently effective registration statement (the “Registration Statement”) of the Trust filed under the Securities Act of 1933, as amended (the “1933 Act”) and the 1940 Act. The Trust shall in all cases receive the net asset value per Share on all sales. If a sales charge is in effect, the Distributor shall remit the sales charge (or portion thereof) to broker-dealers who have sold Shares, as described in Section 2(G), below. In no event shall the Distributor be entitled to all or any portion of such sales charge.

  • Delegation of Services The Administrator may, at its expense, delegate to one or more entities some or all of the services for the Fund for which the Administrator is responsible under this Subcontract. The Administrator will be responsible for the compensation, if any, of any such entities for such services to the Fund, unless otherwise agreed to by the parties or with the Fund. Notwithstanding any delegation pursuant to this paragraph, the Administrator will continue to have responsibility and liability for all such services provided to the Fund under this Subcontract.

  • Services to Other Clients; Certain Affiliated Activities (a) The relationship between the Asset Manager and the Series is as described in this Agreement and nothing in this Agreement, none of the services to be provided pursuant to this Agreement, nor any other matter, shall oblige the Asset Manager to accept responsibilities that are more extensive than those set forth in this Agreement.

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