Funds Payments Clause Samples

Funds Payments. (a) Any and all funds, including fiat currency, virtual currency, cryptocurrency and all kinds of digital currency Buyer uses to purchase WUN Tokens are not derived from or related to any unlawful activities, including without limitation money laundering or terrorist financing, and Buyer will not use WUN Tokens to finance, engage in, or otherwise support any unlawful activities as may be defined by any Governmental Authority. (b) Any and all payments by Buyer under this Agreement, including Payment, will be made only in Buyer’s name, from a digital wallet or bank account not located in a country or territory that has been designated as a “non- cooperative country or territory” by the Financial Action Task Force, and is not a “foreign shell bank” within the meaning of the U.S. Bank Secrecy Act (31 U.S.C. § 5311 et seq.), as amended, and the regulations promulgated thereunder by the Financial Crimes Enforcement Network, as such regulations may be amended from time to time.

Funds Payments. By buying BIF Units, Investor represents and warrants to Company that the funds, that are denominated in Euros, Investor uses to purchase BIF Units are not derived from or related to money laundering or terrorist financing, and Investor will not use BIF Units to finance, engage in, or otherwise support any money laundering or terrorist financing. All payments by Investor under this Agreement will be made only in Investor’s name, from a bank account not located in a country or territory that has been designated as a “non-cooperative country or territory” by the Financial Action Task Force, and is not a “foreign shell bank” within the meaning of the U.S. Bank Secrecy Act (31 U.S.C. § 5311 et seq.), as amended, and the regulations promulgated thereunder by the Financial Crimes Enforcement Network, as such regulations may be amended from time to time.

Funds Payments. ● Funds. The funds, including any fiat, virtual currency or cryptocurrency, Buyer uses to purchase EOT Tokens are not derived from or related to any unlawful activities, including but not limited to money laundering or terrorist financing, and Buyer will not use the EOT Tokens to finance, engage in, or otherwise support any unlawful activities.

Funds Payments. (I) Manager shall deposit in the Agency Account, as agent for Owner, all amounts of assessments and other charges received as set forth in Section 2.2(o) hereof, all other monies received by owner or its agents with respect to the Project furnished by owner or received by Manager for and on behalf of Owner, all proceeds from insurance policies, and all condemnation awards or proceeds from the sale in lieu thereof, and shall disburse and pay the same on behalf of and in the name of owner in such amounts and at such times as the same are required to be made in connection with the maintenance and operation of the Project as set forth herein for the follow items: (A) All taxes, assessments and charges of every kind, nature and description, including real estate taxes and special assessments, of which Manager has received written notice, levied or assessed against the Project at least five (5) days before the same become delinquent, unless payment thereof is being contested by Owner at no cost and expense to Manager, and Owner has, by notice hereunder, advised manager not less than ten (10) days prior to the date on which such taxes, assessments or charges are payable of such contest and has directed Manager not to make such contested payments; and (B) All of the following costs and expenses of maintaining and operating the Project authorized under the terms of this Agreement (1) the salaries, wages, other compensation including, without limitation, withholding taxes, FICA, unemployment insurance premiums, worker's compensation premiums, pension fund contributions and other fringe benefits and related expenses of the Management Personnel and Employees and all other operating and service personnel of the Project; (2) the costs and expenses of utilities, services and concessions of the Project; (3) the cost of all purchases of materials and supplies incurred in the day-to-day operation of the Project; (4) subject to the provisions set forth herein, the costs and expenses for the repairs, maintenance and alterations to the Project set forth herein; (5) the costs of any reasonable auditing or other account services, legal, and other professional services utilized by Manager in accordance with the provisions hereof; (6) out-of-pocket expenses incurred by Manager, the Management Personnel, or Employees for or in connection with the Project, including reasonable and prudent travel and lodging expenses incurred in connection with other than ordinary management of the P...

Funds Payments expenses, and procurements under this Agreement shall only be used for eligible ARPA uses and activities in accordance with ARPA and Treasury’s implementing regulations (31 CFR Part 35) and related interpretive guidance (including the ARPA Interim Final Rule and Final Rule as applicable), and all other applicable laws and regulations governing the use of ARPA funds. Contractor shall be responsible for any disallowances, questioned costs, or other items, including interest, not allowed under ARPA funding. Contractor shall return to County any funds disallowed within ninety days of notification from County to return such funds.

Funds Payments