Deposit and Use of Payments Sample Clauses

Deposit and Use of Payments. City Manager will ensure that all Payments are deposited in an account administered by the City. The use and allocation of all Payment revenues, and any interest that accrues thereon, will be determined by the City Council in its sole discretion. All Payments, and all interest that accrues thereon, shall be the property of the City.
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Deposit and Use of Payments. The Director will ensure that all Payments and any True-Up Payment are deposited in an account administered by the County. The use and allocation of all Payment and True-Up Payment revenues, and any interest that accrues thereon, will be determined by the Board of Supervisors, in its sole discretion. All Payments and any True-Up Payment, and all interest that accrues thereon, shall be the property of the County.
Sample 1
Deposit and Use of Payments. The Director will ensure that all Payments are deposited in an account administered by the County. The use and allocation of all Payment revenues, and any interest that accrues thereon, will be determined by the Board of Supervisors, in its sole discretion, consistent with the County’s “Policy for Allocating Community Benefit Funds Received from Approved Commercial Cannabis Businesses” if then in effect, or any subsequent policy then in effect.
Sample 1
Deposit and Use of Payments. The Director will ensure that all Payments are deposited in an account administered by the County. The use and allocation of all Payment revenues, and any interest that accrues thereon, will be determined by the Board of Supervisors, in its sole discretion, consistent with the County’s “Policy for Allocating Community Benefit Funds Received from Approved Commercial Cannabis Businesses” if then in effect, or any subsequent policy then in effect. It is intended that all Payments will be used to benefit the North Richmond community. The District One Supervisor will receive input on the use of Payment revenues from the North Richmond Municipal Advisory Council and will then make a recommendation to the Board of Supervisors.
Sample 1

Related to Deposit and Use of Payments

  • Source of Payments All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank. The Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Company.

  • Netting of Payments Subparagraph (ii) of Section 2(c) of this Agreement will apply to Transactions entered into under this Agreement unless otherwise specified in a Confirmation.

  • Application of Payments Landlord shall have the right to apply payments received from Tenant pursuant to this Lease, regardless of Tenant’s designation of such payments, to satisfy any obligations of Tenant hereunder, in such order and amounts as Landlord, in its sole discretion, may elect.

  • Evidence of Payments As soon as practicable after any payment of Indemnified Taxes or Other Taxes by the Borrower to a Governmental Authority, the Borrower shall deliver to the Administrative Agent the original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of the return reporting such payment or other evidence of such payment reasonably satisfactory to the Administrative Agent.

  • TERMS OF PAYMENT 16.1 The Supplier shall request for payment by submitting invoice(s), delivery note(s) and any other relevant documents as specified in the SCC to the Procuring Entity.

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