Certain Disbursements Sample Clauses

Certain Disbursements. Prior to the satisfaction of the conditions set forth herein, Lender may at its sole option, but shall have no obligation to, disburse such sums as Lender may elect, including, without limitation, amounts owed to Lender for expenses.

Certain Disbursements. Prior to the satisfaction of the conditions set forth herein and in the Commitment Letter, Lender may at its sole option, but shall have no obligation to, disburse such sums as Lender may elect, including without limitation amounts owed for expenses to Lender by Borrower.

Certain Disbursements. Prior to the satisfaction of the conditions set forth in Sections 3.01, 3.02, 3.03 and 3.04 hereof, Lender may at its sole option, but shall have no obligation to, disburse such sums as Lender may elect, including without limitation amounts owed for expenses to Lender by Borrower under Section 4.05 hereof, and all such disbursements or payments shall be deemed to have been made pursuant to this Agreement and not in modification hereof.

Certain Disbursements. Farming will provide to ▇▇▇▇▇▇▇ from time to --------------------- time a list of periodic disbursements, which list will be approved and executed by each of the relevant Partnerships (the "Scheduled Disbursements"). ▇▇▇▇▇▇▇ will be authorized and obligated to cause each of such Scheduled Disbursements to be timely made from funds available in the bank account to which such Scheduled Disbursements List pertains. Scheduled Disbursements will include payments such as, by way of example a) insurance, b) mortgage payments, c) utilities, d) equipment lease payments, and e)

Certain Disbursements. In connection with disbursements of the Adjustment Escrow Amount and from the Seller Administrative Expense Fund to certain Sellers that are employees of the Company (if applicable), if requested by the Seller Representative, Buyer agrees to use commercially reasonable efforts to cause such payments to be made to such individuals through the Company’s payroll process and subject to ordinary course withholding, provided, that, prior to making any such payment through payroll, the Company shall have received a wire transfer or other payment from a Seller Representative account in an amount equal to the sum of (x) the gross total amount of the payments requested to be made through payroll, plus (y) the employer’s share of employment taxes applicable to such payments.

Certain Disbursements. With respect to each Oil and Gas --------------------- Property with respect to which Seller is disbursing proceeds of production attributable to other parties entitled thereto, (i) Seller shall continue to collect proceeds of production up to the end of the month in which Closing occurs (or, if Buyer is, despite its best efforts, unable to commence making disbursements as to some Properties at such time, such later date (but not to exceed the end of the month falling 3 months after Closing) requested by Buyer as to such Properties), and shall be responsible for making disbursements, in accordance with its normal procedures (and at normal times), of such proceeds of production so collected to the parties entitled to same, with any proceeds of production thereafter collected by Seller to be promptly forwarded to Buyer (who shall thereafter account for same to the parties entitled thereto) and (ii) Seller shall, as promptly as possible after Closing, deliver to Buyer (A) a copy of its "pay list" for each such Property and (B) a list of all parties for whom it is holding in suspense proceeds of production. It is understood and agreed that Seller does not represent or warrant to Buyer the accuracy of the "pay lists" and other data so delivered. Upon Closing, Buyer shall become responsible for all disbursements of proceeds of production (including, without limitation, those disbursements made by Seller on Buyer's behalf) and such disbursement activities shall be included in the matters which Buyer assumes, and indemnifies Seller with respect to, under Section 13 below. With respect to each well for which Seller so provides such disbursement services after Closing, Seller shall be paid by Buyer an amount equal to $200 for each month for which it provides such services for such well (beginning with the month in which Closing occurs).

Certain Disbursements. In connection with disbursements of the Adjustment Escrow Amount, the Indemnity Escrow Amount, the Tax Escrow Amount and from the Seller Administrative Expense Fund to certain employees of the Company (if applicable), if requested by the Seller Representatives, the Buyer agrees to use commercially reasonable efforts to cause such payments to be made to such individuals through the Company’s payroll process and subject to ordinary course withholding, provided, that, prior to making any such payment through payroll, the Company shall have received a wire transfer or other payment from a Seller Representative account in an amount equal to the sum of (a) the gross total amount of the payments requested to be made through payroll, plus (b) the employer’s share of employment taxes applicable to such payments.

Certain Disbursements. With respect to each Oil and Gas Property with respect to which Seller is disbursing proceeds of production attributable to other parties entitled thereto, (i) Seller shall continue to collect proceeds of production remitted to it up to the end of the month in which Closing occurs and shall be responsible for making disbursements, in accordance with its past practices of such proceeds of production so collected to the parties entitled to same, with any proceeds of production thereafter collected by Seller to be promptly forwarded to Buyer and (ii) Seller shall, as promptly as possible after Closing, deliver to Buyer (A) a copy of its “pay list” for each such Property and (B) a list of all parties for whom it is holding in suspense proceeds of production and (C) an amount equal to such proceeds so held in suspense.