Common use of Bank Accounts and Disbursements Clause in Contracts

Bank Accounts and Disbursements. During the term of this Agreement, MHS is hereby expressly authorized to, and shall, disburse from one or more bank accounts of Group sums for the payment of Group's expenses as described in Section 5, MHS' compensation as described in section 9, and all other costs, expenses and disbursements which are required or authorized by this Agreement. For administrative convenience, MHS shall maintain said bank accounts.