Collections and Payments. Except as otherwise provided in this Assignment Agreement, the Assignor will cause any Collections received by it to be deposited in the Collection Account no later than the Business Day following the receipt and identification of proceeds.
Collections and Payments. Except as otherwise provided in this Agreement, the Originator will cause any Collections received by it to be deposited in the Collection Account no later than the Business Day following the receipt and identification of proceeds.
Collections and Payments. (i) From and after the Closing Date, the Seller hereby constitutes and appoints Airgas, its successors and assigns, the true and lawful attorneys of the Seller with full power of substitution, in the name of the Seller or otherwise, and on behalf of and for the benefit of Airgas, to demand and receive from time to time any and all Accounts Receivable, to give receipts, releases or acquittances for or in respect of the same or any part thereof; to collect, for the account of Airgas, all Accounts Receivable transferred to Airgas as provided herein, and to endorse with the name of the Seller any check received on account of any Accounts Receivable transferred to Airgas; from time to time to institute and prosecute in the name of the Seller or otherwise any and all proceedings at law, in equity or otherwise, which Airgas, its successors and assigns, may deem proper to collect, assert or enforce any claim, right, title, debt or account hereby assigned or transferred with respect to the Accounts Receivable; and to take any action necessary to effect the transfer to Airgas of full legal title in and beneficial ownership of any of the Accounts Receivable. The Seller declares that the foregoing powers are coupled with an interest and shall not be revocable by it except as set forth in Section 7.9(a)(ii).
(ii) Airgas shall exercise at least the level of care and diligence with respect to the collection of the Accounts Receivable as Airgas exercises with respect to its own receivables. Any amounts received by Airgas or NWS from any customer for whom Accounts Receivable have been transferred to Airgas in connection with the transactions contemplated by this Agreement shall be applied first to the oldest outstanding invoice for such customer. Airgas shall have the right to require, by written notice delivered to the Seller no later than 85 days following the Closing Date, that the Seller pay to Airgas on the 90th day following the Closing Date the amount of any outstanding Accounts Receivable specified in such notice that have not been collected by Airgas as of such date, minus $300,000. Upon payment of such amount by the Seller, Airgas shall transfer to the Seller all of Airgas' right, title and interest in and to any such remaining outstanding Accounts Receivable (including any security or collateral associated therewith) and shall thereafter use commercially reasonable efforts to cooperate with the Seller in connection with the collection of such Accounts Receivable...
Collections and Payments. Buyer agrees to collect, on behalf of Seller, using commercially reasonable efforts, the Commission Receivables and to pay, on behalf of Seller, solely from the collection of Commission Receivables, the Commission Payables. Seller shall cooperate with Buyer in the collection of the Commission Receivables; provided, however, that Seller may not initiate litigation, settle or compromise any account or pursue a collection action in respect of a disputed Commission Receivable, without the written consent of Buyer, such consent not to be unreasonably withheld, conditioned or delayed. Seller shall promptly remit to Buyer, for the purposes of netting Commission Receivables and Commission Payables, any proceeds of any of the Commission Receivables realized after the Closing by Seller. Buyer may not settle or compromise any Commission Receivables or any obligations, expenses or costs related, arising under, or otherwise payable in connection with the Commission Receivables, including, without limitation, costs of collection and commissions and obligations to brokers, without the consent of Seller, such consent not to be unreasonably withheld, delayed or conditioned. Buyer may, upon notice to Seller, decline to pursue collection of any Commission Receivables and, in that event, shall not pay the Commission Payables related thereto, but Buyer shall instead assign, without recourse, any right, title and interest in such Commission Receivables to Seller, and Seller may use its reasonable efforts to collect such Commission Receivables and shall be obligated to pay the Commission Payables related thereto. Seller hereby agrees to indemnify, defend and hold Buyer and its Affiliates harmless from and against any Tax liability incurred in connection with the collection, pursuant to this Section 2.5.3, by Buyer and Affiliates of the Commission Receivables and payment of the Commission Payables on behalf of Seller.
Collections and Payments. Management Services Provider shall, on behalf of Professional Entity, xxxx patients and collect the professional fees for Clinical Dental Care rendered on behalf of Professional Entity as follows:
1. The Management Services Provider shall deposit into one or more bank accounts chosen by Professional Entity in Professional Entity’s name, all funds, fees and revenues generated from Clinical Dental Care. All funds in the designated bank accounts shall be the property of the Professional Entity, and the Professional Entity shall have the right to access all funds in those accounts at any time.
2. Management Services Provider is authorized to: (i) pay all costs and expenses incurred by Professional Entity, and (ii) pay itself its Management Fee after the payments of other costs and expenses. After payment of the costs and expenses and of its Management Fee, Management Services Provider shall be required to return or distribute to the Professional Entity any amount remaining thereafter at least monthly or more frequently if required by law.
3. All xxxxxxxx for Clinical Dental Care rendered on behalf of Professional Entity shall be made by Management Services Provider in the name of the Professional Entity or in the name of the Owner(s) or the Dentist Employees. Management Services Provider shall render or cause its designee to render such xxxxxxxx in a timely and accurate manner. * This is an example management services agreement that the Dental Board has reviewed and deemed compliant with the Dental Laws, as defined herein. Other agreements, or variations of provisions herein, also may be compliant. However, if provisions of this example agreement are excerpted and incorporated in an agreement with provisions that are not compliant, then that agreement may not comply with the Dental Laws. Revised May 2020.
4. The Management Services Provider shall deliver to Professional Entity, no later than the [insert date] of each month, a full accounting of all xxxxxxxx and collections for the prior calendar month and all funds collected by Management Services Provider for services of Professional Entity.
5. Professional Entity shall inform Management Services Provider of all amounts collected by Professional Entity resulting from Clinical Dental Care performed during the term of this Agreement.
6. Professional Entity shall: (i) cooperate with Management Services Provider or its designee in billing and collection activities; (ii) provide all information necessary to xxxx a...
Collections and Payments. 10 Section 5.01. Collection and Priorities for Distribution of Gross Revenues 10 Section 5.02. Timing of Payments 10 Section 5.03. Credits and Collections 11 Section 5.04. Depositories for Funds 11 Section 5.05. Impositions 11 ARTICLE VI ACCOUNTING; FINANCIAL STATEMENTS; AUDIT 11 Section 6.01. Accounting 11 Section 6.02. Financial Statements and Reports 11 Section 6.03. Audit Rights. 12
Collections and Payments. 40 Section 4.01. Interest Proceeds ...................................................................................... 40 Section 4.02. Principal Proceeds .................................................................................... 40
Collections and Payments. 9.1 The Receiver shall compensate the Supplier for the interchanges rendered according to this Agreement in the amount billed every month. Such bills shall indicate separately the corresponding amounts of each type of Interchange Service that has been supplied.
9.2 The interchanges rendered hereunder shall be accounted for on a calendar month basis. The Supplier shall present a monthly invoice to the Receiver, in United States of America dollars, for the services rendered under this Agreement starting on the month in which the operations of the first interconnection between CFE-Xxxxxx and EL PASO begin. The amounts payable hereunder for any service rendered shall be paid within thirty (30) calendar days after the receipt of the invoice by the corresponding Party.
9.3 In the event that upon reviewing an invoice, the Party which must pay it considers that a portion of the amount billed is not due by it, that Party shall make the corresponding observations to the other Party within a ten (10) natural day period following the receipt of the xxxx, so that the other Party may in turn review the xxxx and within the ten (10) natural days following the notification of the observations, make the corresponding correction or clearly evidence the propriety of the charge which is being objected, in the understanding that in the event the Parties have not resolved the existing differences before the term established in paragraph 9.2, fifty percent (50%) of the disputed amount and the total amount which is not disputed shall be paid within such term. The foregoing shall, of course, not preclude the reimbursement of the amount paid in excess or the payment of the additional amount which is determined to be owed, through the corresponding debits or credits on the following xxxx.
9.4 All payments made by EPE to CFE shall be made in United States of America dollars at a banking institution selected by CFE in Ciudad Xxxxxx, Chihuahua. All payments made by CFE to EPE shall be made in United States of America dollars at a banking institution selected by EPE in El Paso, Texas. Each Party shall notify the other of the selection of a banking institution, pursuant to the terms of paragraph 8.1 of this Agreement, within a fifteen (15) calendar day period following the date of signature of this Agreement.
Collections and Payments. Agritope shall have the right to collect and remit money on Agrinomics' behalf and to settle claims in favor of or against Agrinomics if the amount in controversy is less than $100,000. Agritope shall be authorized to pay, on a current basis, the ordinary operating expenses of Agrinomics not to exceed $100,000 per item.
Collections and Payments. Manager shall be responsible for collecting all Gross Revenues and fees billed to Residents and for paying Facility Expenses as agreed in the Approved Budget.
