Collection and Distribution. Operator shall provide to all parties hereto within sixty (60) days of permanent determination of Gas production a final accounting of the Gas balance. Overproduced Parties, within thirty (30) days of receipt of the final accounting of the Gas balance, shall pay their respective shares of the above described cash settlement to the Underproduced Parties in that proportion that each such Underproduced Party's volume of gas in storage bears to the total of all Underproduced Parties' volumes of gas in storage.
Collection and Distribution ss. 2.01. Collections on the Receivables...............................6 ss. 2.02. Establishment of Lender Reserve; Distributions...............6 ss. 2.03.
Collection and Distribution. (a) Except as otherwise provided in this Article, each Bank shall be entitled from time to time to a share of all payments of principal, interest, commitment and other fees and other amounts received in respect of the Loan Obligations, as well as the net proceeds from all Loan Collateral, which share for a particular Bank at any particular time shall be: (i) its Pro Rata Share of all principal payments on the Revolving Credit Loans, Mortgage Loans or other Loans to which any voluntary or mandatory payments or prepayments are to be applied; (ii) its Pro Rata Share of interest paid on the Revolving Credit Loans, Mortgage Loans or other Loans to which the payments relate, which shall be adjusted to reflect any rate differentials among the Banks so as to approximate the amounts that would have resulted from direct xxxxxxxx; (iii) its Committed Share of the Commitment Fee and other fees respecting Loans in which it shares; (iv) its Pro Rata Share of all net proceeds and other amounts received from the Loan Collateral following acceleration of the Loans and (v) its Pro Rata Share of all other amounts received in respect of the Loan Obligations.
(b) Notwithstanding the provisions of subsection (a) above, no other Bank shall be entitled to any share of: (i) any amount that may be directly billed in accordance with Section 9.05 hereof, subject to the terms and provisions of such Section; (ii) any payment, reimbursement or other indemnity to the Administrative Agent or any other indemnified person under this Agreement or any other Loan Instrument with respect to any claims, liabilities, losses or expenses not theretofore funded by the claiming Bank(s); (iii) any administrative or other fees payable to the Administrative Agent in accordance with Section 2.06 or 10.13(b) of this Agreement or pursuant to a separate writing agreement between the Administrative Agent and the Borrowers; (iv) any payment under or other right respecting any Independent Transaction (as defined in Section 9.17(b) hereof); (v) any payment to any Fronting Bank of any and all customary fees (other than the Letter of Credit Fee), commissions and/or charges of the Fronting Bank for any increase, extension, renewal, amendment or transfer of any, of its Letter of Credit and any fees or other charges of any other issuer or any participant, correspondent, confirming bank, custodian or designee of the Fronting Bank or other issuer involved with the Letter of Credit; or (vi) any exercise by a Bank or it...
Collection and Distribution. 6.1 The Executive Board shall decide, from time to time, the collection periods and dates for distribution of monies collected and shall determine the minimum distribution amount that it shall distribute to each member. Such details shall be notified from time to time by X.X.X.X. to its Members.
6.2 X.X.X.X. shall use its reasonable endeavours to identify and to attribute the monies that are received so far is reasonably practicable and economic so to do. Where sums otherwise payable to a Member fall below the minimum distribution level, such sums shall be held on account on such a basis and for such a period as the Executive Board shall determine.
6.3 X.X.X.X. shall be entitled to make such levies and deduct such commissions and fees as it may decide from time to time by a decision of the Executive Board provided always that such decisions shall be communicated to the Member either directly or at the annual general meeting of X.X.X.X.
6.4 X.X.X.X. has the right to deduct any charge, levy, subscription, debt or any other payment which is properly due to X.X.X.X. under the terms of this Agreement or otherwise and any withholding tax, income tax or other charge which X.X.X.X. is required by the Law to debit prior to making any payment to the Member.
Collection and Distribution. Section 2.01. Collections on the Receivables 4 Section 2.02. Distributions 5 Section 2.03. Distribution of Funds at the Maturity Date or Upon an Event of Default 5 Section 2.04. Distributions to the Borrower Generally 5
Collection and Distribution. Section 2.01. Collections on the Receivables 7 Section 2.02.
Collection and Distribution. ARTICLE IV. REPRESENTATIONS AND WARRANTIES; COVENANTS; EVENTS OF DEFAULT ARTICLE V. SECURITY ARTICLE VI. MISCELLANEOUS EXHIBIT I. DEFINITIONS EXHIBIT II. CONDITIONS OF ADVANCES EXHIBIT III. REPRESENTATIONS AND WARRANTIES EXHIBIT IV. COVENANTS EXHIBIT V. EVENTS OF DEFAULT EXHIBIT VI. ELIGIBILITY CRITERIA EXHIBIT VII FORM OF BORROWING BASE CERTIFICATE EXHIBIT VIII-A FORM OF DEPOSITARY AGREEMENT EXHIBIT VIII-B FORM OF CONCENTRATION ACCOUNT AGREEMENT EXHIBIT IX FORM OF OPINION OF COUNSEL EXHIBIT X FORM OF PARENT PLEDGE EXHIBIT XI RECEIVABLE INFORMATION EXHIBIT XII PRIMARY SERVICING RESPONSIBILITIES EXHIBIT XIII SERVICER TERMINATION EVENTS EXHIBIT XIV INTERFACE WITH THE MASTER SERVICER SCHEDULE I ADDRESSES FOR NOTICE SCHEDULE II CREDIT AND COLLECTION POLICY SCHEDULE III DISCLOSURES [TO BE DELIVERED BY BORROWER] SCHEDULE IV LOCKBOX INFORMATION
Collection and Distribution. 31 5.1. Collections on the Receivables; Distributions ................................................................... 31 5.2. Distribution of Funds to the Lenders ................................................................................ 31 5.3. Servicing Receivables ........................................................................................................ 32 5.4.
Collection and Distribution. 2.01. Collections on the Receivables 6 2.02. Distributions 6
Collection and Distribution. Under and/or in connection with this Agreement, any and all revenue and/or other monies generated, paid and/or otherwise collected for products hereunder shall at all times be deposited solely into IWS bank accounts.
