Allocations and Disbursements Sample Clauses

Allocations and Disbursements. With respect to each Series, Master Servicer shall make the allocations and disbursements for such Series on behalf of the Owner as is required to be made by the Owner under the terms of the Indenture and the Indenture Supplement for such Series.
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Allocations and Disbursements. With respect to each Series, Servicer shall make the allocations and disbursements for such Series on behalf of Issuer as is required to be made by Issuer under the terms of the Indenture and the Indenture Supplement for such Series.
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Allocations and Disbursements. With respect to each Series, Class and Tranche, Servicer shall make the allocations and disbursements for such Series, Class or Tranche, as applicable, on behalf of Issuer as is required to be made by Issuer under the terms of the Indenture, the Indenture Supplement or Terms Document, as applicable, for such Series, Class or Tranche. 7 Synchrony Card Issuance Trust Servicing Agreement
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Allocations and Disbursements. Provided no Event of Default is then continuing, on each Monthly Payment Date, Agent shall disburse (or cause to be disbursed) all funds on deposit in the Cash Management Account (less the Minimum Balance) in accordance with the following waterfall: (i) First, funds sufficient to pay the Monthly Tax Deposit and the Monthly Insurance Deposit shall be disbursed to Agent for payment of Taxes and Insurance Premiums; (ii) Second, funds sufficient to pay the Approved Operating Expenses (including fees payable under the Management Agreement and Franchise Agreement) and Custodial Amounts for the applicable period in accordance with the related Approved Annual Budget, if any, shall be disbursed to Borrower; (iii) Third, funds sufficient to pay any interest accruing at the Default Rate and late payment charges, if any, shall be disbursed to Agent for payment to Lender (or its designee); (iv) Fourth, funds sufficient to pay Extraordinary Expenses for the applicable period approved by Agent (in Agent’s reasonable discretion), if any, shall be disbursed to Borrower; (v) Fifth, to the extent not auto withdrawn by Agent from the Cash Management Account, funds sufficient to pay the Minimum Monthly Payment Amount then due and
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Related to Allocations and Disbursements

  • Costs and Disbursements (a) Except as otherwise provided in this Agreement, a Recipient of Services shall pay to the Provider of such Services a monthly fee for the Services (or category of Services, as applicable) (each fee constituting a “Service Charge” and, collectively, “Service Charges”) as listed on the Schedules hereto.

  • Accounts and Disbursements The Custodian shall establish and maintain a separate account for each Portfolio and shall credit to the separate account all moneys received by it or a Sub-Custodian for the account of such Portfolio and shall disburse, or cause a Sub-Custodian to disburse, the same only:

  • Attorneys' Fees and Disbursements If any action at law or in equity is necessary to enforce or interpret the terms of this Agreement, the prevailing party or parties shall be entitled to receive from the other party or parties reasonable attorneys’ fees and disbursements in addition to any other relief to which the prevailing party or parties may be entitled.

  • Allocations and Distributions The LLC's profits and losses shall be allocated to the Member. At the time determined by a majority of the Managers, the Managers may cause the LLC to distribute to the Member any cash held by it which is neither reasonably necessary for the operation of the LLC nor the performance of its contractual obligations, nor which is in violation of Sections 18-607 or 18-804 of the Act or any contractual agreement binding on the LLC.

  • Additional Advances and Disbursements; Costs of Enforcement If any Event of Default exists, Mortgagee and each of the Lenders shall have the right, but not the obligation, to cure such Event of Default in the name and on behalf of Mortgagor in accordance with the Credit Agreement. All sums advanced and expenses incurred at any time by Mortgagee or any Lender under this Section, or otherwise under this Mortgage or any of the other Credit Documents or applicable law, shall bear interest from the date that such sum is advanced or expense incurred if not repaid within five (5) days after demand therefor, to and including the date of reimbursement, computed at the rate or rates at which interest is then computed on the Indebtedness, and all such sums, together with interest thereon, shall be secured by this Mortgage. Mortgagor shall pay all expenses (including reasonable attorneys’ fees and expenses) of or incidental to the perfection and enforcement of this Mortgage and the other Credit Documents, or the enforcement, compromise or settlement of the Indebtedness or any claim under this Mortgage and the other Credit Documents, and for the curing thereof, or for defending or asserting the rights and claims of Mortgagee or the Lenders in respect thereof, by litigation or otherwise.

  • Deposit and Disbursement Accounts Disclosure Schedule (3.19) lists all banks and other financial institutions at which any Credit Party maintains deposit or other accounts as of the Closing Date, including any Disbursement Accounts, and such Schedule correctly identifies the name, address and telephone number of each depository, the name in which the account is held, a description of the purpose of the account, and the complete account number therefor.

  • Payments and Distributions (a) On or immediately after the fifteenth the day of each month, the Trustee shall satisfy itself as to the adequacy of the Reserve Account, making any further credits thereto as may appear appropriate in accordance with Section 3.05 and shall then with respect to each Trust:

  • Deemed Disbursements Upon the occurrence and during the continuation of any Default under Section 8.1.9 or upon notification by the Administrative Agent (acting at the direction of the Required Lenders) to the Borrower of its obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

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