Duty to Account Sample Clauses

Duty to Account. (a) Except as otherwise permitted by the terms of this Agreement, Physician shall assign, account, and pay to KTPA all accounts receivable, compensation and any other form of remuneration due from or paid by any source other than KTPA attributable to (i) services he or she has rendered on behalf of KTPA under this Agreement; (ii) services he or she has rendered during the Term in violation of the terms of this Agreement including without limitation, a violation of Sections 4 and 8; or (iii) sums which come into his or her possession which are attributable to the services of other employees of KTPA, including, but not limited to, fees for medical services, teaching, lecturing, consulting, research, court testimony and publication of articles of a professional nature (the accounts receivable, compensation and other remuneration attributable to services described in (i), (ii) and (iii) are collectively the "KTPA Receivables"). Physician appoints KTPA as his or her attorney in fact to execute, deliver and/or endorse checks, applications for payments, insurance claim forms or other instruments or documents, convenient or required in the exclusive discretion of KTPA to fully collect, secure and realize all KTPA Receivables and other sums due with respect to services provided under this Agreement. This power of attorney is coupled with an interest, is irrevocable and shall survive the expiration or termination of this Agreement for a time period without limitation for all services rendered during the Term. Disability insurance benefits and medical expense reimbursements received by Physician pursuant to any formal plan of KTPA shall not be considered a KTPA Receivable for purposes of this Section. (b) All KTPA Receivables shall be the sole property of KTPA. In no event shall Physician be entitled to any portion of KTPA Receivables, or the proceeds from KTPA Receivables, during the Term or after the termination of this Agreement, whether or not KTPA Receivables may have been derived in any way from the performance of Physician pursuant to the terms of this Agreement.
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Duty to Account. (a) Physician shall assign, account, and pay to the Company all accounts receivable, compensation and any other form of remuneration due from or paid by any source other than the Company attributable to medical services he has rendered in his professional capacity on behalf of the Company under this Agreement or sums which come into his possession which are attributable to the services of other employees of the Company, (collectively the "Company Receivables"), except as Company may otherwise agree in writing. Physician appoints the Company as his attorney in fact to execute, deliver and/or endorse checks, applications for payments, insurance claim forms or other instruments or documents, convenient or required in the exclusive discretion of the Company to fully collect, secure and realize all sums due to the Company in respect to services provided under this Agreement. The power of attorney is coupled with an interest, is irrevocable and shall survive the expiration or termination of this Agreement for a time period without limitation. Disability insurance benefits and medical expense reimbursements received by Physician pursuant to any formal plan of the Company shall not be considered a Company Receivable for purposes of this Section. (b) All Company Receivables shall be the sole property of the Company. In no event shall Physician be entitled to any portion of the Company Receivables, or the proceeds from Company Receivables, during the Term, any Renewal Terms or after the termination of this Agreement, whether or not Company Receivables may have been derived in any way from the performance of Physician pursuant to the terms of this Agreement.
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Duty to Account. Provider will assign account receivables, and will pay to Company all accounts receivable, compensation and any other form of remuneration due from or paid by any source attributable to Services rendered by Provider pursuant to the Agreement. Provider is not entitled to any portion of such fees or receivables, or the proceeds from such receivables, either during the Term of this Agreement or after the termination or expiration of this Agreement. Provider shall not take any actions, or omit to take any actions, that would be inconsistent with or impair any valid obligations enforceable in accordance with applicable laws that are due Company.
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Duty to Account. Reseller shall account to the Hotel for all monies received by the Reseller on behalf of the Hotel in respect of a Guest's stay in the Hotel or otherwise.
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Duty to Account. Save as may otherwise be agreed in writing between the Security Trustee and the Chargor, the Security Trustee shall not, prior to discharging the security hereby constituted, have any duty to account to the Chargor in respect of the Deposit or any part thereof.
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Duty to Account. Employee shall account to and pay the Company all compensation earned from any source during this Agreement and any Employment Period or which shall be earned during the restrictive periods as set forth in Paragraph 13 below if such compensation is found to result from a violation of such restriction(s) except income derived from real estate activities and passive investments. Disability insurance benefits and medical expense reimbursements received by Employee pursuant to any formal plan of the Company also shall not be considered compensation for purposes of this Paragraph.
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Duty to Account. Employee shall account for and pay to Employer all compensation and remuneration and other sums received from patients or third parties attributable to services he has rendered on behalf of Employer pursuant to this Agreement. All monies received and accounts receivable created as a result of the services rendered by Employee hereunder shall belong exclusively to Employer. Accordingly, Employee acknowledges that Employee's employment does not confer upon Employee any ownership interest in or personal claim upon any fees charged by Employer for Employee's services, whether said fees are collected during his employment or after the termination thereof Employee expressly agrees that the payment of all compensation and benefits due to Employee under this Agreement shall satisfy and discharge in full all Employee's claims upon Employer for compensation in respect of Employee's professional services. Income from speeches, articles or books, utilization and peer reviews, serving as a witness or medical consultant, and similar activities outside the scope of this Agreement, to the extent such activities are disclosed to and approved by Employer, which approval shall not be unreasonably withheld, shall be income of Employee and not Employer. Employee appoints Employer as his attorney-in-fact to execute, deliver, and/or endorse checks, application for payments, insurance claim forms or other instruments, required or convenient in the exclusive discretion and opinion of Employer, to fully correct, secure and realize all sums due in respect to the services rendered by Employee hereunder. The power of attorney set forth herein is coupled with an interest, is irrevocable and shall survive the expiration or termination of the Agreement. Employee shall complete in a timely manner and provide to Employer all other applications, forms or records and provide any other documentation to permit Employer to bill xxx and receive reimbursement from third party payors for such services. Employer shall have the right to deduct from any sums due, or becoming due, and owing to Employee from Employer any amounts which are uncollectible solely because of Employee's failure to comply with these requirements after reasonable notice of and opportunity to cure any such failure. Such withheld funds shall be promptly paid to Employee upon compliance.
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Duty to Account. We may request that you account for any funds you receive from us in connection with one or more Projects by, for instance, providing receipts and invoices relating to the use of the Funds. If we do ask you to account, you will do so in accordance with any request.
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Related to Duty to Account

  • CREDITS TO ACCOUNT Promptly after each purchase or sale of Securities by the Fund, the Fund shall deliver to Custodian a Certificate or Instructions, or with respect to a purchase or sale of a Security generally required to be settled on the same day the purchase or sale is made, Oral Instructions specifying all information Custodian may reasonably request to settle such purchase or sale. Custodian shall account for all purchases and sales of Securities on the actual settlement date unless otherwise agreed by Custodian,

  • Charges to Accounts Silicon may, in its discretion, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's Loan account, in which event they will bear interest at the same rate applicable to the Loans. Silicon may also, in its discretion, charge any monetary Obligations to Borrower's Deposit Accounts maintained with Silicon.

  • Deferral Account Crediting. The Company shall establish a Deferral Account on its books for the Director, and shall credit to the Deferral Account the following amounts:

  • Distributions on Account of Separation from Service If and to the extent required to comply with Section 409A, no payment or benefit required to be paid under this Agreement on account of termination of the Executive’s employment shall be made unless and until the Executive incurs a “separation from service” within the meaning of Section 409A.

  • Interest Bearing Account If the Province provides Funds before the Recipient’s immediate need for the Funds, the Recipient will place the Funds in an interest bearing account in the name of the Recipient at a Canadian financial institution.

  • Your Ability to Withdraw Funds This policy applies to the availability of funds in transaction accounts. DATCU reserves the right to delay the availability of funds deposited to accounts that are not transaction accounts for periods longer than those disclosed in this policy. Our policy is to make funds from your deposits available to you on the business day we receive your deposit. At that time, you can withdraw the funds in cash and we will use the funds to pay checks that you have written. For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, federal holidays, and such other holidays we may observe, as may be published on our website or posted in our lobby from time to time. DATCU observes all federal holidays in addition to Good Friday and Christmas Eve. If you make a deposit before 6:00 p.m. on a business day that we are open, we will consider that to be the day of your deposit. However, if a deposit is made after 6:00 p.m. on a business day or on a day we are not open, the deposit will be considered made on the next business day we are open. Please remember that even after we have made the funds available to you, and you have withdrawn the funds, you are still responsible for checks you deposit that are returned to us unpaid and for any other problems involving your deposit. •CASHIER'S CHECKS •CASH •CERTIFIED CHECKS •STATE AND LOCAL GOVERNMENT CHECKS •TELLER’S CHECKS •CHECKS DRAWN ON DATCU •TRAVELER'S CHECKS •US TREASURY CHECKS •U.S. POSTAL MONEY ORDERS •WIRE TRANSFERS/ AUTOMATED CLEARING HOUSE (ACH) •FEDERAL RESERVE AND FEDERAL HOME LOAN CHECKS *To receive immediate credit for a check type listed above, the check must be payable to you and deposited into a transaction account of yours. Suspect Cashier’s Checks, Xxxxxx’s Checks, Certified Checks, Traveler’s Checks and U.S. Postal Money Orders may be subject to holds. Other types of Money Orders are considered “Payable Through” the issuer and do not fall under immediate or next-day availability. Please refer to the Longer Delays May Apply section below for the availability rules governing these deposits. In some cases, we will not make all of the funds that you deposit by check available to you on the same business day of your deposit. Depending on the type of check that you deposit, funds may not be available until the 2nd business day after the day of your deposit. However, the first $225 of your deposit will be available on the 1st business day after the day of your deposit. If we are not going to make all of the funds from your deposit available on the date of your deposit, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made directly to one of our employees, or we decide to take this action after you have left the premises, we will mail you the notice by the day after we receive your deposit. If you will need the funds from a deposit right away, you should ask us when the funds will be available. In addition, funds you deposit by check may be delayed for a longer period under the following circumstances.

  • Cash Account Except as otherwise provided in Instructions acceptable to Bank, all cash held in the Cash Account shall be deposited during the period it is credited to the Account in one or more deposit accounts at Bank or at Bank's London Branch. Any cash so deposited with Bank's London Branch shall be payable exclusively by Bank's London Branch in the applicable currency, subject to compliance with any Applicable Law, including, without limitation, any restrictions on transactions in the applicable currency imposed by the country of the applicable currency.

  • Interest Bearing Deposits Upon receipt of Proper Instructions directing the Custodian to purchase interest bearing fixed term and call deposits (hereinafter referred to collectively, as "Interest Bearing Deposits") for the account of the Fund, the Custodian shall purchase such Interest Bearing Deposits in the name of the Fund with such banks or trust companies (including the Custodian, any Subcustodian or any subsidiary or affiliate of the Custodian) (hereinafter referred to as "Banking Institutions") and in such amounts as the Fund may direct pursuant to Proper Instructions. Such Interest Bearing Deposits may be denominated in U.S. Dollars or other currencies, as the Fund may determine and direct pursuant to Proper Instructions. The Custodian shall include in its records with respect to the Assets of the Fund appropriate notation as to the amount and currency of each such Interest Bearing Deposit, the accepting Banking Institution and all other appropriate details, and shall retain such forms of advice or receipt evidencing such account, if any, as may be forwarded to the Custodian by the Banking Institution. The responsibilities of the Custodian to the Fund for Interest Bearing Deposits accepted on the Custodian's books in the United States shall be that of a U.S. bank for a similar deposit. With respect to Interest Bearing Deposits other than those accepted on the Custodian's books, (a) the Custodian shall be responsible for the collection of income as set forth in Section 2.15 and the transmission of cash and instructions to and from such accounts; and (b) the Custodian shall have no duty with respect to the selection of the Banking Institution or, so long as the Custodian acts in accordance with Proper Instructions and the terms and conditions of this Agreement, for the failure of such Banking Institution to pay upon demand. Upon receipt of Proper Instructions, the Custodian shall take such reasonable actions as the Fund deems necessary or appropriate to cause each such Interest Bearing Deposit account to be insured to the maximum extent possible by all applicable deposit insurers including, without limitation, the Federal Deposit Insurance Corporation.

  • Deposits to Collection Account The Servicer shall use its best efforts to deposit or cause to be deposited (without duplication) within one (1) Business Day, and shall in any event deposit within two (2) Business Days, of receipt thereof in the Collection Account and retain therein in trust for the benefit of the Securityholders and the Securities Insurer: (i) all payments on account of principal on the Home Loans collected after the applicable Cut-Off Date; (ii) all payments on account of interest on the Home Loans collected after the applicable Cut-Off Date; (iii) all Net Liquidation Proceeds and Post Liquidation Proceeds pursuant to Sections 4.02 or 4.04; (iv) all Insurance Proceeds; (v) all Released Mortgaged Property Proceeds; (vi) any amounts payable in connection with the repurchase of any Home Loan and the amount of any Substitution Adjustment pursuant to Sections 2.06 and 3.05; (vii) any amount required to be deposited in the Collection Account pursuant to the receipt of proceeds from any fidelity bond or errors and omission insurance under Section 4.03 or the deposit of the Termination Price under Section 11.02; and (viii) interest and gains on funds held in the Collection Account. The Servicer shall be entitled to retain and not deposit into the Collection Account any amounts received with respect to a Home Loan that constitute additional servicing compensation pursuant to Section 7.03, and such amounts retained by the Servicer during a Due Period shall be excluded from the calculation of the Servicing Compensation that is distributable to the Servicer from the Note Distribution Account on the next Distribution Date following such Due Period.

  • Cash Accounts The Custodian will open and maintain in the name of the Client one or more cash deposit accounts (each a “Cash Account”) in such currencies as may be required in connection with the investment activity of the Client.

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