Cash Holdback Distribution. Intermediary is instructed to cover all expenses of the Investors, including general and service expenses and other billable expenses from the Cash Holdback. Any amounts owing to the Intermediary over and above the expenses already covered will be billed to the Cash Holdback. Any amounts not expensed shall be returned to the Cash Account.
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Samples: Account Management Agreement (Omega Commercial Finance Corp), Management Agreement (Aclor International, Inc.), Management Agreement (Aclor International, Inc.)
Cash Holdback Distribution. Intermediary is instructed to cover all expenses of the Investors, including general and service expenses and other billable expenses from the Cash Holdback. Any amounts owing to the Intermediary over and above the expenses already covered will be billed to the Cash Holdback. Any amounts not expensed shall be returned to the Cash AccountCompany Account within 90 days of the end of the quarter.
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