Book Account Sample Clauses

Book Account. Buyer and Seller shall maintain an account on their respective books of all Transactions entered into between Buyer and Seller and for which the Repurchase Price has not yet been paid. As a courtesy to Seller, Buyer shall provide such information to Seller via the Internet or by telephone or facsimile, if Seller is unable to access the information via the Internet. Notwithstanding the foregoing, Seller shall be responsible for maintaining its own book account and records of Transactions entered into with Buyer, amounts due to Buyer in connection with such Transactions and for paying such amounts when due. Failure of Buyer to provide Seller with information regarding any Transaction shall not excuse Seller’s timely performance of all obligations under this Agreement, including, without limitation, payment obligations under this Agreement.
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Book Account. As used herein the term "Book Account" shall mean the account to which all monies owing to Seller by AEG shall be credited and all monies owing by Seller to AEG shall be charged. All monies owing by either party will be entered into the Book Account on the day they become due. An Overdraft shall be payable on demand. Any (i) Overdraft, or (ii) payment or charge due from Seller to AEG under the terms of this Agreement which is not paid when due, including, but not limited to, any Service Fee, Discount Fee or Charge-back Payment which is not paid when due (a "Past Due Charge"), may be set-off at any time against any amount which would otherwise be due from AEG to Seller. Any (i) Overdraft or (ii) Past Due Charge shall bear interest for each day it is outstanding until paid in full at the rate of twenty four percent (24%) per annum. Interest shall be charged daily and posted to the Book Account monthly. AEG each month shall provide Seller with an account statement which lists all charges and credits to the Book Account in the previous month. Each account statement shall be conclusively presumed to be correct in all respects, except for specific objections which the Seller makes in writing within fifteen (15) days from the date upon which the account statement is sent.
Book Account. Buyer and Seller shall maintain an account on their respective books of all Transactions entered into between Buyer and Seller and for which the Repurchase Price has not yet been paid. Notwithstanding the foregoing, Seller shall be responsible for maintaining its own book account and records of Transactions entered into with Buyer, amounts due to Buyer in connection with such Transactions and for paying such amounts when due. Failure of Seller to maintain an account on its books with information regarding any Transaction shall not excuse Seller’s timely performance of all obligations under this Agreement, including, without limitation, payment obligations under this Agreement.
Book Account. The Restricted Stock Units, including the original award and any additional units attributable to cash dividends, stock dividends or distributions relating to the Restricted Stock Units, shall be credited to a book account for the Employee. Upon expiration of the Period of Restriction, the Company shall issue and deliver to the Employee certificates for shares of the Company’s common stock, par value $0.01 per share, equal to the total number of Restricted Stock Units then credited to the Employee until the Employee provides other instructions, subject to Section 6 below.
Book Account. Lender shall maintain an account on its books of all Advances made to Borrower and not yet repaid. Access to such information shall be available to Borrower via the Internet or by telephone or facsimile, if Borrower is unable to access the information electronically. Notwithstanding the foregoing, Borrower shall be responsible for maintaining its own account of Advances made and amounts due to Borrower and for paying such amounts when due; failure of Borrower to do so shall not excuse Borrower’s timely performance of all payment obligations under this Agreement.
Book Account. Administrative Agent and Seller shall maintain an account on their respective books of all Transactions entered into between Administrative Agent on behalf of Buyers and Seller and for which the Repurchase Price has not yet been paid. As a courtesy to Seller, Administrative Agent shall provide such information to Seller via the Internet or by telephone or facsimile, if Seller is unable to access the information via the Internet. Notwithstanding the foregoing, Seller shall be responsible for maintaining its own book account and records of Transactions entered into with Administrative Agent on behalf of Buyers, amounts due to Administrative Agent for the benefit of Buyers in connection with such Transactions and for paying such amounts when due. Failure of Administrative Agent to provide Seller with information regarding any Transaction shall not excuse Seller’s timely performance of all obligations under this Agreement, including, without limitation, payment obligations under this Agreement.
Book Account. The obligation of the Company to repay the Loans ------------ shall be evidenced by an account maintained by Lender on its books. Not more frequently than once each month, Lender may deliver a statement of account to the Company setting forth the unpaid balance of Loans outstanding hereunder, which statement shall be deemed to be an account stated and conclusively correct and accepted by the Company unless the Company notifies Lender in writing of a statement of exceptions within ten (10) business days following delivery of such statement to the Company.
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Book Account. A book account in respect of your shares of Restricted Stock shall be maintained by the Company until (i) the delivery of unrestricted shares to you or your estate, subject to your delivery of any documents which the Committee may require as a condition to the issuance of shares of PBG Common Stock and the delivery of such shares to you or your estate, or (ii) the forfeiture of your Restricted Stock.
Book Account. (i) The Board of Trustees may open such Bank Account or Accounts in any of the Banks in the name of Trust such accounts shall be jointly operated by the President and Managing Trustee.
Book Account. The number of Restricted Stock Units determined under Section 1.2 are units that will be reflected in a book account maintained by the Corporation.
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