ADJUSTMENT OF ACCOUNT Sample Clauses

ADJUSTMENT OF ACCOUNT. If the statement of account between Agent and the Chargor by reference to which any Secured Sums are calculated for the purposes of this Share Charge requires adjustment at any time because of any claim made against Agent by an officeholder (within the meaning of Section 234 of the Insolvency Act 1986) then, notwithstanding any other provision of this Share Charge:
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ADJUSTMENT OF ACCOUNT. If the state of account between the Lenders and the Charging Company by reference to which any Secured Sums are calculated for the purposes of this Debenture requires adjustment at any time because of any claim made against the Lenders by an officeholder (within the meaning of Section 236 of the Companies Act 1963) then, notwithstanding any other provision of this Debenture:
Sample 1
ADJUSTMENT OF ACCOUNT. The issuance of all variations and adjustments and the settlement of account and all instructions involving financial matters related to the agreement or the contract/s will be carried out by the Ministry. The Consultant through the Resident Engineer, during the supervision stage, shall issue proper site instructions as necessary and to the favour of the Ministry. In general he shall follow the contractual procedures which are currently in force in the Ministry of Public Works. During the course of execution, the resident Engineer shall forward to the Ministry copies of all correspondence between him and the contractor pertaining to the work. :تاباسحلا لٌدعت )23( ةدام تامٌلعتلا ةفاكو تاباسحلا ةٌوستو تلاٌدعتلاو تارٌٌؽتلا ةفاك رادصإب ةرازولا موقت دوقعلا / دقعلا وأ ةٌقافتلاا لامعؤب صتخٌ امٌف ءاوس ةٌلام ًحاون ىلع يوطنت ًتلا مٌقملا سدنهملا للاخ نم يراشتسلاا ىلع نٌعتٌو ،يراشتسلاا اهٌلع ؾرشٌ ًتلا حلاص هٌضتقٌ امبسح ةبسانملا عقوملا تامٌلعت ردصٌ نأ ؾارشلإا ةلحرم ءانثأ ةرازو ىدل لوعفملا ةٌراسلا ةٌدقاعتلا تاءارجلإا ةماع ةروصب عبتٌ نأو ةرازولا هنٌح ًف اخسن ةرازولا ىلإ لسرٌ نأ ذٌفنتلا ةرتف للاخ هٌلع بجٌو ةماعلا لاؽشلأا.لامعلأاب ةقلعتملاو لواقملا نٌبو هنٌب ةلدابتملا تلاسارملا ةفاك نم ARTICLE ( 24 ) PENALTY FOR DELAY : رٌخأتلا ةمارغ )24( ةدام
Sample 1
ADJUSTMENT OF ACCOUNT. As of each Accounting Date the Executive's Account (a) shall be credited with amounts which are to be credited to such Account since the last Accounting Date in accordance with Section 3, (b) shall be debited with any distribution from the Account since the last Accounting Date in such quarter, and (c) shall be credited with earnings (or debited for losses) since the last Accounting Date based on the performance of the Investment Option or Options to which the Executive's Account has been allocated for that calendar quarter. For purposes of determining the amount to be credited under paragraph (c), credits to the Executive's Account pursuant to Section 3 shall be credited or debited as of the date specified by the Board of Directors or Committee and such amounts shall share in earnings and losses from the date as of which the contribution is to be credited and no earnings or losses shall be credited or charged with respect to the amount of any distribution for periods after the Termination Date. The Committee may change the date as of which adjustments are to be made to the Account; provided, however, that in no event shall such adjustments be made less frequently than quarterly.
Sample 1
ADJUSTMENT OF ACCOUNT. If the state of account between the Security Agent or any Beneficiary and a Company by reference to which any Secured Sums are calculated for the purposes of this Debenture requires adjustment at any time because of any claim made against the Security Agent or such Beneficiary by an officeholder (within the meaning of Section 234 of the Insolvency Act 1986) then, notwithstanding any other provision of this Debenture:
Sample 1
ADJUSTMENT OF ACCOUNT. If the statement of account between the Security Agent and the Chargor by reference to which any Secured Sums are calculated for the purposes of this Share Charge requires adjustment at any time because of any claim made against the Security Agent by any examiner, administrator, administrative receiver, liquidator or provisional liquidator then, notwithstanding any other provision of this Share Charge:
Sample 1

Related to ADJUSTMENT OF ACCOUNT

  • Statement of Account 5.1 Sending periodic statement of account We will send you a statement of account on a monthly or other periodic basis as we deem fit but we may not send you a statement of account for any period during which your card account is inactive or has been terminated.

  • Payment of Accounts (a) Each of Company and each Eligible Subsidiary will irrevocably direct all of its present and future Account Debtors and other Persons obligated to make payments constituting Collateral to make such payments directly to the lockboxes maintained by Company and each Eligible Subsidiary (the "Lockboxes") with North Fork Bank, the Royal Bank of Canada or such other financial institution accepted by Laurus in writing as may be selected by Company and/or any Eligible Subsidiary (collectively, the "Lockbox Bank") pursuant to the terms of the documentation acceptable to Laurus. On or prior to the Closing Date, each of Company and each Eligible Subsidiary shall and shall cause the Lockbox Bank to enter into all such documentation acceptable to Laurus pursuant to which, among other things, the Lockbox Bank agrees to: (a) sweep the Lockbox on a daily basis and deposit all checks received therein to an account designated by Laurus in writing and (b) comply only with the instructions or other directions of Laurus concerning the Lockbox. All of Company's and each Eligible Subsidiary's invoices, account statements and other written or oral communications directing, instructing, demanding or requesting payment of any Account of Company or any Eligible Subsidiary or any other amount constituting Collateral shall conspicuously direct that all payments be made to the Lockbox or such other address as Laurus may direct in writing. If, notwithstanding the instructions to Account Debtors, Company or any Eligible Subsidiary receives any payments, Company or such Eligible Subsidiary, as the case may be, shall immediately remit such payments to Laurus in their original form with all necessary endorsements. Until so remitted, Company and each Eligible Subsidiary shall hold all such payments in trust for and as the property of Laurus and shall not commingle such payments with any of its other funds or property.

  • Debit of Accounts Bank may debit any of Borrower’s deposit accounts, including the Designated Deposit Account, for principal and interest payments or any other amounts Borrower owes Bank when due. These debits shall not constitute a set-off.

  • Settlement of Accounts (a) On or before each Determination Date, the Servicer shall deliver, (i) to the Owner Trustee, the Settlor, the Lender, the Administrative Agent and the Collateral Agent, a monthly report with respect to the Lending Facility Pool (the “Monthly Lending Facility Pool Report”) and (ii) except as otherwise provided in the related Servicing Supplement, to the each related Secured Party, a monthly report with respect to each Designated Pool (each, a “Monthly Exchange Note Report”), in each case, documenting, as applicable, (A) all advances to be made to, and distributions (including Servicer reimbursements) to be made from, the related Collection Account or (B) the manner in which the Servicer will apply all collections on the related Pool received by the Servicer on or prior to the next Payment Date.

  • Investment of Accounts (a) To the extent there are uninvested amounts deposited in the Series Accounts, the Issuer shall cause such amounts to be invested in Permitted Investments selected by the Issuer that mature no later than the immediately preceding Transfer Date.

  • Statement of Accounts The Company shall provide to the Director, within one hundred twenty (120) days after each anniversary of this Agreement, a statement setting forth the Deferral Account balance.

  • Treatment of Accounts Not grant or extend the time for payment of any Account, or compromise or settle any Account for less than the full amount thereof, or release any Person or property, in whole or in part, from payment thereof, or allow any credit or discount thereon, other than as normal and customary in the ordinary course of a Grantor’s business or as required by law.

  • Establishment of Account (a) The Fund hereby appoints the Custodian as the custodian of all Securities and cash at any time delivered to the Custodian to be held under this Agreement. The Custodian hereby accepts such appointment and agrees to establish and maintain one or more accounts for each Series in which the Custodian will hold Securities and cash as provided herein. Such accounts (each, an “Account,” and collectively, the “Accounts”) shall be in the name of the Fund and Series, if any.

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