COLLECTION AUTHORITY Clause Samples

COLLECTION AUTHORITY. The Secretary shall collect the taxes imposed by the internal revenue laws. (Aug. 16, 1954, ch. 736, 68A Stat. 775; Pub. L. 94–455, title XIX, § 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834.) 1976—Pub. L. 94–455 struck out ‘‘or his delegate’’ after ‘‘Secretary’’. APPROVAL PROCESS FOR LIENS, LEVIES, AND SEIZURES Pub. L. 105–206, title III, § 3421, July 22, 1998, 112 Stat. 758, provided that:
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COLLECTION AUTHORITY. If any Participating Employer shall be delinquent in the payment or reporting of the contributions and/or the amounts withheld from the Employees' wages, enforcement of the employer's obligation and collection of the amounts due under this Agreement shall be made as follows:
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COLLECTION AUTHORITY. Professional shall have full power and authority to endorse and collect any check, money order, and other instrument in payment of any Accounts referred to Professional.
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COLLECTION AUTHORITY. If any Participating Employer shall be delinquent in the payment or reporting of the contributions and/or the amounts withheld from the Employees' wages, enforcement of the employer's obligation and collection of the amounts due under this Agreement shall be made as follows: Trust Fund Amounts: Enforcement of and action to collect contributions for each of the Trust Funds (Harrison, Edison, District 9, Apprenticeship & Training, BLMCC, NEBF and NEIF), may be brought in the name of the respective Fund or Funds involved, its Trustees or any assignee or agent designated by said Trustees. Employee Wage Withholdings: Enforcement of and action to collect amounts withheld by the employer from Employees' wages (Vacation, Union Dues, Credit Union and PAC), may be brought by the Union on behalf of the affected Employees. Administrative Maintenance Fund: Enforcement of and action to collect amounts due the Administrative Maintenance Fund may be brought by the Chapter. Other Amounts Due: Enforcement of and action to collect any other amounts due to be paid under this Agreement may be brought by the Joint Conference Committee on behalf of the appropriate party or parties. The Trustees of the respective Trust Funds, the Union, the Chapter and the Joint Conference Committee may delegate all or a portion of the Collection Authority under this Agreement to an individual or entity who shall be charged with the full power and authority to act for the delegating party. As of the effective date of this Agreement, the parties recognize that the Trustees, the Union, the Chapter and the Joint Conference have each delegated Collection Authority under this Agreement to the Delinquency Committee of the Oregon-▇▇ ▇▇▇▇▇▇▇▇▇▇ IBEW-NECA Electrical Trusts ("Delinquency Committee"). The Delinquency Committee shall have the complete power and authority to (a) monitor the required reporting and payment by employers, (b) determine the contributions and other amounts due hereunder, (c) assess and order payment of the required contributions and/or amounts withheld from the employees wages, as well as the liquidated damages, lost earnings charges, fees and costs of audit and collection provided for herein, and (d) take any and all appropriate actions (including the filing of liens and the pursuit of any legal or equitable remedies) to collect the amounts assessed as delinquent. The delegation of collection authority to the Delinquency Committee shall in no way limit or alter the rights of the T...
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Related to COLLECTION AUTHORITY

  • Organization; Authority Such Purchaser is either an individual or an entity duly incorporated or formed, validly existing and in good standing under the laws of the jurisdiction of its incorporation or formation with full right, corporate, partnership, limited liability company or similar power and authority to enter into and to consummate the transactions contemplated by the Transaction Documents and otherwise to carry out its obligations hereunder and thereunder. The execution and delivery of the Transaction Documents and performance by such Purchaser of the transactions contemplated by the Transaction Documents have been duly authorized by all necessary corporate, partnership, limited liability company or similar action, as applicable, on the part of such Purchaser. Each Transaction Document to which it is a party has been duly executed by such Purchaser, and when delivered by such Purchaser in accordance with the terms hereof, will constitute the valid and legally binding obligation of such Purchaser, enforceable against it in accordance with its terms, except: (i) as limited by general equitable principles and applicable bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting enforcement of creditors’ rights generally, (ii) as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies and (iii) insofar as indemnification and contribution provisions may be limited by applicable law.

  • Information Authorization Your enrollment in the applicable Service may not be fulfilled if we cannot verify your identity or other necessary information. Through your enrollment in or use of each Service, you agree that we reserve the right to request a review of your credit rating at our own expense through an authorized bureau. In addition, and in accordance with our Privacy Policy, you agree that we reserve the right to obtain personal information about you, including without limitation, financial information and transaction history regarding your Eligible Transaction Account. You further understand and agree that we reserve the right to use personal information about you for our and our Service Providers’ everyday business purposes, such as to maintain your ability to access the Service, to authenticate you when you log in, to send you information about the Service, to perform fraud screening, to verify your identity, to determine your transaction limits, to perform collections, to comply with laws, regulations, court orders and lawful instructions from government agencies, to protect the personal safety of subscribers or the public, to defend claims, to resolve disputes, to troubleshoot problems, to enforce this Agreement, to protect our rights and property, and to customize, measure, and improve the Service and the content and layout of the Site. Additionally, we and our Service Providers may use your information for risk management purposes and may use, store and disclose your information acquired in connection with this Agreement as permitted by law, including (without limitation) any use to effect, administer or enforce a transaction or to protect against or prevent actual or potential fraud, unauthorized transactions, claims or other liability. We and our Service Providers shall have the right to retain such data even after termination or expiration of this Agreement for risk management, regulatory compliance, or audit reasons, and as permitted by applicable law for everyday business purposes. In addition, we and our Service Providers may use, store and disclose such information acquired in connection with the Service in statistical form for pattern recognition, modeling, enhancement and improvement, system analysis and to analyze the performance of the Service. The following provisions in this Section apply to certain Services:

  • Income Collection; Autocredit (a) Bank shall credit the Cash Account with income and redemption proceeds on Financial Assets in accordance with the times notified by Bank from time to time on or after the anticipated payment date, net of any taxes that are withheld by Bank or any third party. Where no time is specified for a particular market, income and redemption proceeds from Financial Assets shall be credited only after actual receipt and reconciliation. Bank may reverse such credits upon at least 48 hours prior oral or written notification to Customer when Bank believes that the corresponding payment shall not be received by Bank within a reasonable period or such credit was incorrect. (b) Bank shall make reasonable endeavors in its discretion to contact appropriate parties to collect unpaid interest, dividends or redemption proceeds, but neither Bank nor its Subcustodians shall be obliged to file any formal notice of default, institute legal proceedings, file proof of claim in any insolvency proceeding, or take any similar action.

  • Corporation Authorization The execution, delivery and performance by Parent of this Agreement and the consummation by Parent of the transactions contemplated hereby are within the corporate powers of Parent and have been duly authorized by all necessary corporate action. This Agreement constitutes a valid and binding agreement of Parent.

  • Execution Authorized The execution, delivery and performance of this Agreement by Securities Intermediary have been duly authorized by all necessary corporate action on the part of Securities Intermediary.